China air conditioning market is estimated to grow at a CAGR of 4.7% during the forecast period. The country holds a dominant position in the production and export of the AC globally. It produces more than 50% of the global AC every year. The major factor augmenting the market includes the hot climate of the […]
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Asia-Pacific air conditioning market is forecast to grow at a significant growth rate at a CAGR of 4.4% during the forecast period. Some of the major factors which are providing a significant market to the region are increasing urbanization, adverse climate change, and increasing disposable income in the emerging economies. Most of the countries in […]
The Australia air conditioning market is estimated to grow at a modest growth rate during the forecast period. Some of the motivating factors of the market include large desert areas in the country which results in heatwaves, which generates a significant need for air conditioning in the country. Moreover, high disposable income in the country […]
Asia-Pacific split air conditioning market is forecast to grow at a CAGR of around 4.5% during the forecast period. The major factors for the significant market growth to the region include rising urbanization, rising average temperature due to adverse climate change, and increasing disposable income in the emerging economies. As most of the countries in […]
The US Air Conditioning Market is forecast to show a modest growth rate at a CAGR of 3% during the forecast period. The major driving factors which contribute to the growth of the air conditioning market in the US are global warming and high living standards. Air conditioners have become a part of every household […]
UK air conditioning market is forecast to show a modest growth rate at a CAGR of 1% during the forecast period. A number of regulations enforcement related to fan refrigerants used in AC for the sake of environmental concern had been witnessed in the country. Chlorodifluoromethane or R22 gas is HCFC which is mostly used […]
North American split air conditioning market is forecast to grow at a modest growth rate at a CAGR of 2% during the forecast period. Major factors augmenting the market is the high rate of urbanization, the high adoption rate of AC, and high disposable income. Rise in the demand of commercial split AC market, and […]
North American air conditioning market is forecast to grow at a CAGR of 3.1% during the forecast period. Major factors augmenting the market is high urbanization, high adoption of AC in the US, high disposable income are among the major factors driving the market. Another major driving factor in the substantial growth of the AC […]
Middle East air conditioning market is forecast to grow at a significant growth rate during the forecast period. Hot climatic conditions, high urbanization, and high per capita disposable income are some of the major factors that are contributing to the market growth. Moreover, mega-events such as UAE World Expo 2020 and Football World Cup Championship […]
Japan air conditioning market is estimated to grow at a CAGR of 2.7% during the forecast period. Japanese AC market includes five major growing industries which are residential, healthcare, commercial, industrial, and transportation. There is a huge scope in the country for air conditioning products as rapidly changing technology such as portable AC with energy-saving […]