Air Conditioner Market Size, Share, Trends and Forecasts to 2019

Air Conditioner Market Size, Share, Trends, Company Profiles, Demand,

Insights, Analysis, Research, Report, Opportunities, Segmentation and

Forecast To 2019

Global air conditioner market expanded at a CAGR of 8% from 2008 to 2014. It is expected to

grow at a CAGR of 4.9% from 2015 till 2019. Demand will increase owing to rising awareness

regarding energy efficiency all over the world. This is especially applicable to developed

economies of North America and Europe. These regions have a high penetration of air

conditioning systems.

Demand is also buoyed by stringent regulations for electrical appliances which have prompted

consumption of energy-efficient systems. They also necessitate migration from traditional

equipment. Consumers are increasingly becoming conscious of environmental conservation. This

has created huge market opportunities. Technological innovation is resulting in the introduction

of superior products. This is also having a favorable impact on market growth. Key application

categories in the global air conditioner market are commercial, residential and industrial.

Commercial applications (construction, tourism, etc.) are foreseen to grow to a considerable

extent.

Browse the full “Air Conditioner Market” report at:

http://www.radiantinsights.com/research/air-conditioner-markets-in-the-world-to-2019market-size-development-and-forecasts

Main product segments include self-contained wall and window air conditioners, air conditioner

parts, vehicle air conditioners, and others. Others comprise air conditioners with refrigerating

unit, air conditioners without refrigerating unit, and air conditioners with reverse cycle

refrigeration. Presently, vehicle air conditioners account for 3% of the total demand. Selfcontained wall and window systems were the dominant type and hold over 40% of the market.

Parts occupy close to 35% of the market volumes. While systems with refrigeration units

contribute 9%, those without refrigeration units account for 4.9% share....