European Air Conditioning Market Size, Share 2020, Impressive Industry Growth Report 2027


Posted August 26, 2021 by danishahmed

European air conditioning market is forecast to grow at a modest growth of CAGR 1% during the forecast period.

 
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 refrigerants as per the Montreal Protocol. A number of regulations enforcement related to fan refrigerants used in AC for the sake of environmental concern had been witnessed in the region. For instance, by 2030, a number of F-Gas regulations are coming into force in Europe. These include the ban of R422A, R404A, R422D, and R507 for reducing emission. The aim of these regulations is to shift towards environment-friendly technology. Due to the adverse effect of R22 and other ozone-depleting substances on the environment, modern refrigerants, such as the industry-standard R-410A, are now being used in place of conventional ones. They do not damage the ozone layer and are widely adopted in UK.


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The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.


Secondary Sources Include

Financial reports of companies involved in the market.

White papers, research-papers, and news blogs.

Company websites and their product catalog.


The report is intended for AC manufacturers, AC component manufacturers, automobile companies, chemical companies, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.



A Full Report of Global European Air Conditioning Market is Available at: https://www.omrglobal.com/industry-reports/european-air-conditioning-market


Company Profiles
Daikin Industries Ltd.
Gree Electric Appliances Inc.
Guangdong Chigo Air Conditioning Co., Ltd.
Haier Electronics Group Co. Ltd.
Johnson Controls International PLC
Midea group 
TCL Air Conditioner Zhongshan Co. Ltd.
United Technologies Corp.
Xiaomi Corp.

Market- Segmentation
European Air Conditioning Market by Application
Residential
Commercial
Industrial
Healthcare
Institution
Automotive
Others
European Air Conditioning Market by Type
Splits
Rooftop
Indoor Packaged
Chillers
VRF
AHU/FCU
European Air Conditioning Market by Refrigerant Type
HCFC
HFC
HFO
Natural Refrigerant


Global European Air Conditioning Market- Segmentation
By Region 

North America 

United States
Canada


Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe


Asia-Pacific 

China
Japan
India
Rest of Asia-Pacific


Rest of the World

Middle East & Africa 
Latin America



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Last Updated August 26, 2021