North America Air Conditioner Market Analysis, Industry Trends and Segment Forecast, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

North America Air Conditioner Market Analysis, Market

Size, Share, Regional Outlook, Industry Trends, Competitive

Strategies And Segment Forecast, 2012 To 2020

Industry Overview

North America air conditioner market size is expected to reach USD 52.56 billion by 2020, growing at a

CAGR of 9.0% from 2014 to 2020. Increasing awareness among customers regarding energy optimization

is expected to drive the market growth over next six years. In established market such as North America,

energy efficiency is the primary concern. Thus, stringent government regulations are practiced for

decreasing energy consumption. Usage of energy efficient air conditioners is expected to increase owing

to declining energy consumption rate.

The increasing gap between energy supply and demand compelling the government to take rigorous

initiatives for the adoption of rated electrical appliances. Air conditioning systems with energy star

ratings are anticipated to consume less electricity and lessen carbon footprint, thus consumers are now

shifting towards energy efficient models.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Increasing construction sanctions of infrastructure such as malls, industrial facilities and corporate

offices is likely to elevate the North America air conditioner market. Construction of commercial

infrastructures namely warehouse facilities and hotels are expected to rise by 8% over the forecast

period from 2014 to 2020.

Technological advancements in air conditioning systems such as inverter based system and one using

natural refrigerants are expected to surge the demand. In addition, NPOs (non-profit organizations),

media, public forum and government are taking several measures to create awareness among

consumers regarding environmental issues; thus, encouraging...