Air Conditioning Market
conditioners and smart thermostat has surged air conditioning systems. The off-highway vehicles demand comfort but no spaces available for the system installation restrain the global market.
Global Air Conditioning Market: Segmentation
The global air conditioning market is segmented based on technology, component, vehicle type, and region. The technology segment is bifurcated into automatic air conditioning and manual or semi-automatic air conditioning. The component segment is divided into compressor, condenser, evaporator, and receiver or driver. The vehicle type segment is categorized into HCVs, LCVs, offhighway, locomotive, and passenger cars. The locomotive air conditioning system subsegment is grouped into diesel and electric locomotive. The off-highway air conditioning system subsegment is classified as agricultural tractors and construction equipment. The vehicle type segment and the agricultural tractor segment dominate the global air conditioning market.
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