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<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
Global Air<br />
Conditioning Systems<br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2015<br />
www.futuremarketinsights.com<br />
sales@futuremarketinsights.com
Report Description<br />
The comfort level of living beings depend to a large extent on the surrounding<br />
environment. Temperature, air pressure and humidity are few of the most important<br />
environment variables that keep changing throughout the year. Getting accustomed to<br />
these changes, often becomes difficult for individuals. In order to control the<br />
environmental conditions, air conditioning systems play a vital role. Air conditioning can<br />
be defined as the process of simultaneous control of temperature, moisture, cleanliness<br />
of air and air motion. Air conditioning systems are the devices which enable the process<br />
of air conditioning.<br />
Browse Full Report@ http://www.futuremarketinsights.com/reports/details/airconditioning-systems-market<br />
The global air conditioning systems market is segmented on the basis of application such<br />
as industrial air conditioning, commercial air conditioning, residential air conditioning,<br />
and automotive air conditioning. Increasing use of air conditioning systems in residential<br />
setting is estimated to lead the overall market demand with almost 40% of revenue share<br />
and is expected to keep its dominant position during the forecast period. The application<br />
of commercial air conditioning systems is dominated by construction, hotel & tourism<br />
sector followed by healthcare, clinics and hospitals. However individuals using portable<br />
systems for trips and other outdoor activities are expected to fuel the growth of<br />
airconditioning systems during the forecast period.
Report Description<br />
Global air conditioning systemsmarket is segmented on the basis of product types such as<br />
room air conditioners, packaged air conditioners, split air conditioners, mini split air<br />
conditioners, ductless air conditioners, terminal air conditioners, central air conditioners,<br />
portable air conditioners and packaged central air conditioners.<br />
Improvement in housing standards is fuelling the demand for room air conditioners while<br />
packaged air conditioners is estimated to grow at a moderate rate with rising permit rate<br />
for construction of mall, offices and industries.Split air conditioning systems on the other<br />
hand offers plenty of benefits including less noise, low initial cost and ease of installation.<br />
It accounts for over half of the overall share in terms of revenue and is estimated to be<br />
thedominant product segment during the forecast period.Portable air conditioners are<br />
highly efficient and compact in nature and are expected to register fastest CAGR for<br />
forecast period, as they do not require everlasting installation and can be moved from<br />
one place to another with ease.<br />
The global air conditioning systems market is expected togrow almost twofold with a<br />
double digit CAGR for the forecast period. As of 2013 APAC is the largest market for<br />
global air conditioning systems market with almost 30% of market share followed by<br />
North America and Europe.
Report Description<br />
Higher disposable incomes followed by improved lifestyle arekey growth factors for the<br />
APAC market.Europe is estimated to register high growth rate with an increase in<br />
infrastructure development supported by varying weather conditions, and take leadin<br />
global air conditioning systems market by 2020. Diverse weather conditions, demand for<br />
energy efficient products, technological development and increasing demand from end<br />
user sectors is fuelling the growth of global air conditioning systems market.<br />
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Use of air condition systems working on solar power and other conventional sources is<br />
the upcoming trend in global air conditioning system market. Strict power consumption<br />
and energy regulation norms supported by increasing consumer awareness is a key<br />
challenge for the air conditioning systems market.<br />
Major players in the global air conditioning systems market include Daikin Industries Ltd,<br />
Samsung Electronics, Hitachi Ltd amongst numerous other players.Key players have<br />
adopted strategies including joint ventures along with mergers and acquisitions to<br />
expandglobally and are simultaneously improving their distribution network to establish<br />
strong market presence.
About Us<br />
Report Description<br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong> (FMI) is a premier provider of syndicated<br />
research reports, custom research reports, and consulting services.<br />
We deliver a complete packaged solution, which combines current<br />
market intelligence, statistical anecdotes, technology inputs,<br />
valuable growth insights, aerial view of the competitive<br />
framework, and future market trends.<br />
We provide research services at a global as well as regional level;<br />
key regions include GCC, ASEAN, and BRIC.<br />
Research Capabilities<br />
• Customized Research<br />
• Syndicated Research<br />
• Investment Research<br />
• Social Media Research<br />
Sector Coverage<br />
• Automotive and Transportation<br />
• Electronics, Semiconductor, and ICT<br />
• Retail and Consumer Products<br />
• Industrial Automation and Equipment<br />
• Chemicals & Materials<br />
• Food and Beverages<br />
• Services and Utilities<br />
• Energy, Mining, Oil, and Gas
For other queries contact: Miss. Christina Johnsan<br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong>: 3rd Floor, 207 Regent Street, London W1B 3HH<br />
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />
Thank You!<br />
To know more about us, please visit our website:<br />
www.futuremarketinsights.com<br />
For sales queries or new topics email us on:<br />
sales@futuremarketinsights.com