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 […]
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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 […]
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 […]
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 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 […]
The global digital pen market is anticipated to grow at a considerable CAGR of 9.8% during the forecast period (2021-2027). The digital pen is a device that allows users to capture handwritten data and draw digitally with various devices such as PC, smartphones, and tablets. Currently, each industry is focusing to digitize in different sectors, like banking […]
The global ceramic capacitor market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2021-2027). The global demand for EVs are speedily increasing as the governments around the world has tighten emissions standards and encouraging to use EVs to meet fuel consumption standards. According to Alternative Fuels Data Center, hybrid electric vehicles […]
The global mini washing machine market is anticipated to grow significantly at a CAGR of 3.5% over the forecast period (2021-2027). The usage of the mini washing machine has been growing in the commercial sector, significantly, due to the rise in the small business sector. For instance, in November 2021, as per data from the MSME Ministry, […]
The global embedded display market is expected to grow at a significant CAGR during the forecast period (2021-2027). After taking into account real-time computing constraints, an embedded system is a computer system with a dedicated function within an electrical or mechanical system. This embedded or computer system is a component of a device that also […]