Air Conditioning Market
Global Air Conditioning Market: Overview
Air conditioning systems manage the temperature and humidity efficiently in a confined space. These systems are installed in residential buildings, commercial buildings, manufacturing industries, hotels, IT parks, retail outlets, and restaurants for one’ s comfort as well as in various applications such as PCs and laptops.
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Global Air Conditioning Market: Growth Factors
The technological advancement along with the rising urbanization boosts the global air conditioning market. The rising demand for air conditioning systems in the automobiles fuels the global market. The automobiles with well-equipped air conditioning system influence the customer’ s purchase behavior which, in turn, is expected to drive the global air conditioning market. The increasing railway network in various regions surges the locomotive air conditioning industry, especially in the Asia-Pacific region. The need to reduce the carbon dioxide emission for environment preservation is expected to increase the demand for efficient and eco-friendly air conditioning systems. In the residential and commercial areas, the demand for inverter air