Air Conditioning Market

“Air Conditioning Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” pprovides a deep and thorough evaluation of the global air conditioning market. Air conditioning refers to the process that involves altering the temperature by cooling down the air while removing heat from an enclosed space. This technique is commonly used in air conditioners (ACs) and is widely deployed across residential and commercial spaces.

The global market is primarily driven by the significant growth in the heating, ventilation, and air conditioning (HVAC) sector due to the altering climatic conditions across the globe. Along with this, increasing investments by public and private firms for the development of infrastructural projects are also creating a positive outlook for the market. Other factors, including considerable growth in the construction industry, continual product innovations and the inflating disposable incomes of the masses, are further creating a positive outlook for the market. Air conditioning refers to the process that involves altering the temperature by cooling down the air while removing heat from an enclosed space. This technique is commonly used in air conditioners (ACs) and is widely deployed across residential and commercial spaces.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the air conditioning market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the air conditioning market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the air conditioning market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the air conditioning Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the air conditioning Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the air conditioning Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the air conditioning Industry. Furthermore, the value chain analysis of the air conditioning Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Segmentation by Product:

• Splits
• Chillers
• Airside
• Single packaged
• Window units
• Portables

Segmentation by Technology:

• Manual/Semi-automatic air conditioning
• Automatic air conditioning

Segmentation by End-Use:

• Residential
• Commercial
• Industrial
• Automotive

Segmentation by Capacity:

• Small
• Medium
• Large

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• Honeywell International
• Ingersoll Rand
• Johnson Controls
• Lennox International
• LG Electronics
• Panasonic Corporation
• Petra Engineering Industries Co.
• Samsung Electronics
• Shaker Group
• Siemens Building Technologies
• Skm Air Conditioning Summary
• Voltas Limited
• Zamil Air Conditioners

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the air conditioning along the parameters of the porter’s five forces model. This model examines the degree of competition in the air conditioning by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. Swot analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the air conditioning. Furthermore, the value chain analysis of the air conditioning has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of The Air Conditioning Market

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the air conditioning. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.