Air Conditioner Market: Global Industry Growth, Market Share and Forecast 2018-2023


Posted September 11, 2019 by pranshusingh

The global air conditioner market is segmented on the basis of application, type, duct type, refrigerant and regional outlook.

 
According to OMR analysis the global Air Conditioner Market is expected to grow at a CAGR of 3.8% during forecast period 2018-2023. The global air conditioner market is segmented on the basis of application, type, duct type, refrigerant and regional outlook. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, regulations, market determinants, key company analysis, strategic analysis, market insights, company profiling, market segmentation, and geographical analysis.

A full report of the Air Conditioner Market is available at: https://www.omrglobal.com/industry-reports/air-conditioning-market/

“Rising urbanization in developing nations particularly in China, India, South-East Asian Nations (Thailand, Indonesia, Malaysia and others), Brazil, Mexico, Turkey and South Africa is a major driver. Increasing disposable income in these nations along with tropical weather are the other major factor. Developed nations such the US and Western European nations have witnessed higher installation of HVAC (heating, ventilation and air conditioning) and centralized AC systems as compared to other regions which are more inclined towards Split and Window AC.”

The centralized AC systems are used when large buildings, airports, theatres, shopping malls and others are needed to be air conditioned thoroughly. These are mostly used in high buildings, structured with more than 5-7 floors. A constant volume (CV) system might be used for cooling the interior that relatively have uniform cooling requirements. While a variable air volume (VAV) have variable requirements. There is an increasing trend of using centralized air conditioning systems as these systems deliver improved efficiency, and significantly lower the cost by sharing load capacity throughout the building. A central chilled water system uses high efficiency water cooled chillers providing better energy efficiency. The efficiency of the chiller is usually defined in terms of kW/ton and/or its coefficient of performance (COP).

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One of the benefits provided by the centralized system is that the air pushed through the ducts is filtered. With the centralized system, the air quality of the room is improved that significantly reduces the quantity of allergens and potentially decreases the presence of harmful gases. However, there is a need for regularly maintaining and changing the filter. The systems come with filter indicators to tell when the filter is to be changed. In addition, if the user is living in an area having high levels of humidity, filtering air in such case will lower the humidity level. This will in turn increase the comfort level of home.

The Report Covers
• Comprehensive research methodology of global air conditioner market
• This report also includes detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global air conditioner market
• Insights about market determinants which are stimulating the global air conditioner market
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

For Free Sample Reports: https://www.omrglobal.com/request-sample/air-conditioning-market

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About Orion Market Research
Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides quality syndicated research reports, customized research reports, company profiling, consulting and other research-based services.

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Tags air conditioner , market size
Last Updated September 11, 2019