Air-conditioning entails conditioning and distributing air to a required space. Air conditioners (ACs) or cooling or heating systems enable controlling and monitoring of temperature, humidity, and air movement in a specific space

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Global Air Conditioning Systems Market Threats,
Analysis, Key Players, Growth, and Forecast 2026
July 2017

2. Overview
 Air-conditioning entails conditioning and distributing air to a required space. Air conditioners (ACs) or cooling or
heating systems enable controlling and monitoring of temperature, humidity, and air movement in a specific
space.
 Improving economic conditions in developing countries, increasing urbanization, and rising per capita income are
primary factors driving growth of the global air conditioning systems market. Increasing usage of AC systems in
residential and commercial sectors, especially in Asia Pacific, is driving growth of the global air conditioning
systems market.
 In addition, increasing and decreasing global temperatures, smog, pollution, and vehicle fumes are other factors
driving demand for air conditioning systems globally. As these conditions become more widespread and
prominent, demand for ACs is expected to witness high double-digit over the next five years. Demand for air
conditioning systems in desert regions of the Middle East and Africa is expected to increase significantly during the
middle of the forecast period owing to need to rebuild various cities and towns in countries that have been
destroyed by civil wars and terrorism.
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Global air conditioning systems market to witness high revenue from Asia Pacific region during the forecast period.
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3. Air Conditioning Systems Market Overview
 Adoption of commercial air conditioning systems in the hospitality and tourism sector, in malls, theaters, cruise
liners, hospitals and other healthcare facilities, and other sectors is contributing significantly to growth of the
global air conditioning systems market.
 Some major factors restraining growth of the global air conditioning systems market include high initial costs of
system and installation, and also soaring prices of electric energy. In addition, strict government regulations on
energy consumption, global warming, and pollution are further expected to hamper growth of the global air
conditioning systems market over the forecast period. A recent trend in the global air conditioning systems market
is rising adoption of centralized air condition systems in commercial, government, and residential buildings in
developed and developing countries.
 The global air conditioning systems market is segmented on the basis of application, product type, distribution
channel, technology, and region.
 Asia Pacific is estimated to register high growth in terms of revenue during the forecast period owing to increasing
urbanization and infrastructure development, and growth in the construction and automotive sectors. Europe
however, is expected to register moderate growth during the forecast period. Among the other regions, the air
conditioning systems market in North America is also projected to witness significant growth due to initiatives to
promote adoption of energy-efficient systems and equipment during the forecast period.
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Details:
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4. Global Air Conditioning Systems Market Segmentation
 Automotive air conditioning
 Commercial air conditioning
 Industrial air conditioning
 Residential air conditioning
By Application
 Central air conditioners
 Ductless air conditioners
 Mini split air conditioners
 Packaged air conditioners
 Packaged central air conditioners
 Portable air conditioners
 Split air conditioners
By Product Type
 Conventional stores
 Company owned/ authorized stores
By Distribution Channel By Region:
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5. Air Conditioning Systems Market Report Includes Regional Growth Rate
(CAGR %)
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North America Air Conditioning
Systems Market Growth:
 North America Air Conditioning Systems
market was valued at US$ XX billion in 2017.
Europe Air Conditioning Systems
Market Growth:
Europe Air Conditioning Systems market
expected to grow at CAGR of XX% during
forecast 2026.
Asia-Pacific Air Conditioning Systems
Market Growth:
Asia Pacific Air Conditioning Systems market is
expected to reach US$ XX billion over the
forecast 2026.
Middle East Air Conditioning Systems
Market Growth:
 The Middle East & Africa Air Conditioning
Systems market expected to cross US$ XX
billion during the forecast period 2017 to
2026.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
XX.XX% XX%
XX.XX% XX%
XX.XX% XX%
XX.XX% XX%
XX%XX.XX%
Latin America
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6. Key Players Profiled Air Conditioning Systems Market Include:
 Daikin industries Ltd.
 Hitachi Ltd.
 Blue Star
 Carrier Corporation
 Haier Group Corporation
 Whirlpool Corporation
 Voltas Ltd.
 LG Corporation
 Samsung Electronics Corp.
 Panasonic Corporation
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Key Companies Mentioned are:
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7. Research Methodology
Market profiling
In-depth secondary research is used to
determine overall market size, top
industry players, top products, top
applications, industry connotations,
identify distributors, and manufactures,
etc.
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Formulating discussion guide
PRUDOUR formulates a detailed
discussion guide in order to conduct
interviews with industry expert
2
Developing list of
respondents
List of industry players (manufacturers,
distributors, retailers and industry
specialists)
3
Data collection
PRUDOUR conducts interviews with
industry experts, industry players,
distributors and retailers for data
collection and verification
4
Data validation
Data is validated by triangulation
method, in which secondary, primary
and PRUDOUR analysis contribute to
the final data
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Data collection
The data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
6 Insights
PRUDOUR delivers industry insights and
information in the required format
(PDF)
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