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 […]
Category Archives: ELectronics & Semiconductor
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 […]
India’s Split Air Conditioning market is estimated to augment at a significant growth rate during the forecast period. Hot climatic conditions, increasing average temperature of the atmosphere, rising urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. Due to this, […]
India air conditioning market is forecast to grow at one of the highest CAGR of 6.8% during the forecast period. Hot climatic conditions, increasing urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. The air conditioning market accounts for around […]
The global split air conditioning market is forecast to grow at a CAGR of 4% during the forecast period. Split AC comprises of an indoor and an outdoor unit that is connected by a refrigerant piping. There are variations of split-type ACs available in the market. These are inverter split AC, no-inverter split conditioners, and […]
European air conditioning market is forecast to grow at a modest growth of CAGR 1% during the forecast period. The major factors for the growth of the market include high urbanization, climate change, and high disposable income. The countries in the region are developed due to this the countries have to limit the usage of […]