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Air Conditioning Systems Market

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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. <strong>Air</strong> conditioning can<br />

be defined as the process of simultaneous control of temperature, moisture, cleanliness<br />

of air and air motion. <strong>Air</strong> conditioning systems are the devices which enable the process<br />

of air conditioning.<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.<br />

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