Air Conditioning System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026

Published on : Jan-2018 | List of Tables : 121 | List of Figures : 93 | No. of Pages : 170 | Report Code : FACT411MR | Format : ppt pdf Excel Word

Remarkable expansion in the residential sector, along with growing disposable income of the population worldwide is likely to remain a key factor driving demand for air conditioning systems. In addition, falling costs of air conditioning systems have further proliferated their adoption among the rising middle-class population in emerging countries. Rapid industrialization, urbanization and mounting number of data centers are also expected to rub off on demand for air conditioning systems.

global air conditioning system market
High Demand for IAQ Compelling Air Conditioning System Manufacturers to Focus More on Quality

Demand for improved indoor air (IAQ) quality has gained momentum within the greater building schematic, as awareness about its criticality in promoting healthy and comfortable indoor spaces rises in parallel. Several air conditioning system manufacturers are promoting IAQ innovation further, particularly when demand for novel technologies are witnessing an upsurge. High demand for IAQ has compelled these manufacturers to focus more on quality. Mandatory regulatory compliance, expanded filter testing technology and online monitoring have resulted into higher convenience for customers. A slew of IAQ innovations have been integrated into air conditioning systems recently, which address challenges ranging from air particulate management and detection of emissions to general air exchange and fresh air intake. One of the latest trends being observed in the global air conditioning system market is integration of building controls and HVAC systems. This trend is likely to result into high energy efficiency in management of building systems.

With the trend toward green technologies gaining prevalence, air conditioning systems are being frowned at, albeit population across some regions cannot thrive without them owing to flaming temperature ranges. Air conditioning system is considered to be a major contributor to global warming, owing to its emission of hazardous gases into the environment such as chlorofluorocarbons (CFC) and hydro-chlorofluorocarbons (HCFC). Being a part of greenhouse gases (GHG), these have negative impacts on the environment as they trap heat and result into ozone layer depletion. In addition, air conditioning system’s air filters lose their integrity over time and enable harmful exterior compounds to flow into the interior space. This further triggers allergies, and may even lead to irritation in eyes, nose and throat in some cases.

The global air conditioning system market is projected to exhibit a steady CAGR through the forecast period (2017-2026), in terms of volume. Revenues from sales of air conditioning systems worldwide are estimated to surpass US$ 175,000 Mn by 2026-end.

Market Taxonomy

Region

Product Type

Sales Channel

Application

North America

Portable Air Conditioning Systems

B2B

Industrial

Latin America

Window Air Conditioning Systems

Authorized Stores

Commercial

Europe

Split Air Conditioning Systems

Independent Electronic Stores

Residential

Japan

Cassette Air Conditioning Systems

E-commerce

 

APEJ

Single Packaged Air Conditioning Systems

   

MEA

Chillers Air Conditioning Systems

   
 

Airside Air Conditioning Systems

   

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

North America to Record Highest Sales of Air Conditioning Systems in terms of Volume

Sales of air conditioning systems are slated to remain the largest in North America, in terms of volume, followed by Europe. Ongoing technological innovations, and changing standards of American Society of Heating, Refrigerating and Air Conditioning, along with the presence of many regulatory policies have accelerated demand for eco-friendly, technologically advanced, and energy-efficient air conditioning systems in these regions.

Demand for air conditioning system in Asia-Pacific excluding Japan (APEJ) will remain more concentrated in its emerging countries such as India and China, mainly because of rising living standards and disposable incomes of population in these countries. Volume sales of air conditioning systems will witness the fastest expansion in APEJ through 2026.

Past few years have represented proliferation in adoption of air conditioning systems in various commercial spaces such as clinics, hospitals, construction, and hotel & tourism, mainly driven by rapid population growth. Commercial applications of air conditioning systems will record the largest sales, in terms of volume.  However, volume sales of air conditioning systems for residential applications are expected to reflect the fastest expansion through 2026.

Key Research Findings from Fact.MR’s Report

  • Volume sales of air conditioning systems will remain the largest in B2B sales channel, trailed by independent electronic stores
  • Chillers air conditioning systems are expected to remain dominant in the market, in terms of volume, with sales estimated to exceed 65,000 Mn units by 2026-end

Competition Tracking

Key players identified by the report include Petra Engg Industies Co., Lennox International, Honeywell International, Gree Electric Appliances, Samsung Electronics, Daikin Industries Ltd., and Midea Group Co. Ltd. Other prominent players in the market include Fuji Electric, Carrier Corp, Hitachi and UTC.

NoteThe insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Demand for air conditioning systems across the globe will remain driven by growing living standards of the population, rapid rise in urbanization and global warming. Increasing awareness about indoor air quality along with the need for provisioned & well-furnished houses is further creating demand for air conditioning systems. This report, compiled by Fact.MR, provides in-depth analysis of the global air conditioning system market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

Scope:

The scope of the Fact.MR’s report is to analyze the global air conditioning system market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Air conditioning system manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report.

In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global air conditioning system market.

Summary:

The report introduces the current scenario of the market for air conditioning system. The executive summary section of the report offers information regarding the future scope of the global air conditioning system market. Brief information on the vital aspects, facts, and statistics on the global air conditioning system market is emphasized in this section.

Overview:

This section offers an overview of the global air conditioning system market. This section comprises definition of the product – air conditioning system, along with key insights on dynamics playing an important role towards the growth of the market. The overview also includes market value and year-on-year growth defining the future progress and decline of the global air conditioning system. Data on the year-on-year growth provides readers with an overall view on expected progress reshaping growth during the forecast period.

In the next section, the report provides insights on major drivers, key trends, and retrains on the basis of demand, supply and macro-economic factors. The report also talks about an impact analysis of drivers and restraints that helps in decision-making and becoming more efficient.

The report further provides information on various technological advancements in the global air conditioning system market. Latest information and advancements regarding growth opportunities can prove to be beneficial for the leading manufacturers of air conditioning system. With advancements in technology, keeping an eye on the latest trends and developments is important for air conditioning system manufacturers to frame key business strategies. Key insights concerning the list of distributor, supply chain, cost structure, pricing analysis, and raw material sourcing, are also provided in this section of the report.

Considering the broad-scope of the global air conditioning system market, the report offers in-depth insights on the forecast and segment-wise analysis. The air conditioning system market has been segmented on the basis of application, sales channel, product type, and region. This sections offers segmentation analysis, along with a detailed country-wise forecast on all the parameters.

In the final section, the report offers information on the key competitors, along with a board view of the market players and company analysis. This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global air conditioning system market.

Research Methodology   

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

1. Global Economic Outlook

2. Global Air Conditioning System Market - Executive Summary

3. Global Air Conditioning System Market Overview
3.1. Introduction
       3.1.1. Global Air Conditioning System Market Taxonomy
       3.1.2. Global Air Conditioning System Market Definition
3.2. Global Air Conditioning System Market Size (US$ Mn) and Forecast, 2012-2026
       3.2.1. Global Air Conditioning System Market Y-o-Y Growth
3.3. Global Air Conditioning System Market Dynamics
3.4. Supply Chain
3.5. PESTLE Analysis
3.6. Porter's Five Force Analysis 
3.7. Regulatory Framework
3.8. Forecast Factors
3.9. List of Distributors
3.10. Key Participants Market Presence (Intensity Map) By Region

4. Global Air Conditioning System Market Analysis and Forecast 2012-2026 
4.1. Global Air Conditioning System Market Size and Forecast By Product Type, 2012-2026
       4.1.1. Portable Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.1.1. Revenue (US$ Mn) Comparison, By Region
                4.1.1.2. Market Share Comparison, By Region
                4.1.1.3. Y-o-Y growth Comparison, By Region
       4.1.2. Window Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.2.1. Revenue (US$ Mn) Comparison, By Region
                4.1.2.2. Market Share Comparison, By Region
                4.1.2.3. Y-o-Y growth Comparison, By Region
       4.1.3. Split Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.3.1. Revenue (US$ Mn) Comparison, By Region
                4.1.3.2. Market Share Comparison, By Region
                4.1.3.3. Y-o-Y growth Comparison, By Region
       4.1.4. Cassette Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.4.1. Revenue (US$ Mn) Comparison, By Region
                4.1.4.2. Market Share Comparison, By Region
                4.1.4.3. Y-o-Y growth Comparison, By Region
       4.1.5. Single Packaged Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.5.1. Revenue (US$ Mn) Comparison, By Region
                4.1.5.2. Market Share Comparison, By Region
                4.1.5.3. Y-o-Y growth Comparison, By Region
       4.1.6. Chillers Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.6.1. Revenue (US$ Mn) Comparison, By Region
                4.1.6.2. Market Share Comparison, By Region
                4.1.6.3. Y-o-Y growth Comparison, By Region
       4.1.7. Airside Air Conditioning Systems Market Size and Forecast, 2012-2026
                4.1.7.1. Revenue (US$ Mn) Comparison, By Region
                4.1.7.2. Market Share Comparison, By Region
                4.1.7.3. Y-o-Y growth Comparison, By Region
4.2. Global Air Conditioning System Market Size and Forecast By Sales Channel, 2012-2026
       4.2.1. B2B Market Size and Forecast, 2012-2026
                4.2.1.1. Revenue (US$ Mn) Comparison, By Region
                4.2.1.2. Market Share Comparison, By Region
                4.2.1.3. Y-o-Y growth Comparison, By Region
       4.2.2. Authorized Stores Market Size and Forecast, 2012-2026
                4.2.2.1. Revenue (US$ Mn) Comparison, By Region
                4.2.2.2. Market Share Comparison, By Region
                4.2.2.3. Y-o-Y growth Comparison, By Region
       4.2.3. Independent Electronic Stores Market Size and Forecast, 2012-2026
                4.2.3.1. Revenue (US$ Mn) Comparison, By Region
                4.2.3.2. Market Share Comparison, By Region
                4.2.3.3. Y-o-Y growth Comparison, By Region
       4.2.4. E-commerce Market Size and Forecast, 2012-2026
                4.2.4.1. Revenue (US$ Mn) Comparison, By Region
                4.2.4.2. Market Share Comparison, By Region
                4.2.4.3. Y-o-Y growth Comparison, By Region
4.3. Global Air Conditioning System Market Size and Forecast By Application, 2012-2026
       4.3.1. Industrial Market Size and Forecast, 2012-2026
                4.3.1.1. Revenue (US$ Mn) Comparison, By Region
                4.3.1.2. Market Share Comparison, By Region
                4.3.1.3. Y-o-Y growth Comparison, By Region
       4.3.2. Commercial Market Size and Forecast, 2012-2026
                4.3.2.1. Revenue (US$ Mn) Comparison, By Region
                4.3.2.2. Market Share Comparison, By Region
                4.3.2.3. Y-o-Y growth Comparison, By Region
       4.3.3. Residential Market Size and Forecast, 2012-2026
                4.3.3.1. Revenue (US$ Mn) Comparison, By Region
                4.3.3.2. Market Share Comparison, By Region
                4.3.3.3. Y-o-Y growth Comparison, By Region

5. North America Air Conditioning System Market Size and Forecast, 2012-2026
5.1. North America Outlook 
5.2. North America Electronics Market Outlook 
5.3. North America Air Conditioning System Market Outlook 
5.4. Revenue (US$ Mn) Comparison, By Country 
       5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
       5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Product Type 
5.6. Revenue (US$ Mn) Comparison, By Sales Channel 
5.7. Revenue (US$ Mn) Comparison, By Application 

6. Latin America Air Conditioning System Market Size and Forecast, 2012-2026
6.1. Latin America Outlook 
6.2. Latin America Electronics Market Outlook 
6.3. Latin America Air Conditioning System Market Outlook 
6.4. Revenue (US$ Mn) Comparison, By Country 
       6.4.1. Brazil Market Size and Forecast (US$ Mn), 2012-2026
       6.4.2. Mexico Market Size and Forecast (US$ Mn), 2012-2026
       6.4.3. Argentina Market Size and Forecast (US$ Mn), 2012-2026
       6.4.4. Rest of Latin America Market Size and Forecast (US$ Mn), 2012-2026
6.5. Revenue (US$ Mn) Comparison, By Product Type 
6.6. Revenue (US$ Mn) Comparison, By Sales Channel 
6.7. Revenue (US$ Mn) Comparison, By Application 

7. Europe Air Conditioning System Market Size and Forecast, 2012-2026
7.1. Europe Outlook 
7.2. Europe Electronics Market Outlook 
7.3. Europe Air Conditioning System Market Outlook 
7.4. Revenue (US$ Mn) Comparison, By Country 
       7.4.1. Germany Market Size and Forecast (US$ Mn), 2012-2026
       7.4.2. UK Market Size and Forecast (US$ Mn), 2012-2026
       7.4.3. France Market Size and Forecast (US$ Mn), 2012-2026
       7.4.4. Spain Market Size and Forecast (US$ Mn), 2012-2026
       7.4.5. Italy Market Size and Forecast (US$ Mn), 2012-2026
       7.4.6. Rest of Europe Market Size and Forecast (US$ Mn), 2012-2026
7.5. Revenue (US$ Mn) Comparison, By Product Type 
7.6. Revenue (US$ Mn) Comparison, By Sales Channel 
7.7. Revenue (US$ Mn) Comparison, By Application 

8. Japan Air Conditioning System Market Size and Forecast, 2012-2026
8.1. Japan Outlook 
8.2. Japan Electronics Market Outlook 
8.3. Japan Air Conditioning System Market Outlook 
8.4. Revenue (US$ Mn) Comparison, By Country 
       8.4.1. Japan Market Size and Forecast (US$ Mn), 2012-2026
8.5. Revenue (US$ Mn) Comparison, By Product Type 
8.6. Revenue (US$ Mn) Comparison, By Sales Channel 
8.7. Revenue (US$ Mn) Comparison, By Application 

9. APEJ Air Conditioning System Market Size and Forecast, 2012-2026
9.1. APEJ Outlook 
9.2. APEJ Electronics Market Outlook 
9.3. APEJ Air Conditioning System Market Outlook 
9.4. Revenue (US$ Mn) Comparison, By Country 
       9.4.1. China Market Size and Forecast (US$ Mn), 2012-2026
       9.4.2. India Market Size and Forecast (US$ Mn), 2012-2026
       9.4.3. Malaysia Market Size and Forecast (US$ Mn), 2012-2026
       9.4.4. Thailand Market Size and Forecast (US$ Mn), 2012-2026
       9.4.5. Australia Market Size and Forecast (US$ Mn), 2012-2026
       9.4.6. Rest of APEJ Market Size and Forecast (US$ Mn), 2012-2026
9.5. Revenue (US$ Mn) Comparison, By Product Type 
9.6. Revenue (US$ Mn) Comparison, By Sales Channel 
9.7. Revenue (US$ Mn) Comparison, By Application 

10. MEA Air Conditioning System Market Size and Forecast, 2012-2026
10.1. MEA Outlook 
10.2. MEA Electronics Market Outlook 
10.3. MEA Air Conditioning System Market Outlook 
10.4. Revenue (US$ Mn) Comparison, By Country 
       10.4.1. GCC Countries Market Size and Forecast (US$ Mn), 2012-2026
       10.4.2. South Africa Market Size and Forecast (US$ Mn), 2012-2026
       10.4.3. Nigeria Market Size and Forecast (US$ Mn), 2012-2026
       10.4.4. Rest of MEA Market Size and Forecast (US$ Mn), 2012-2026
10.5. Revenue (US$ Mn) Comparison, By Product Type 
10.6. Revenue (US$ Mn) Comparison, By Sales Channel 
10.7. Revenue (US$ Mn) Comparison, By Application 

11. Global Air Conditioning System Market Company Share, Competition Landscape and Company Profiles
11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles
       11.3.1. Daikin Industries Ltd.
       11.3.2. Mitsubhishi
       11.3.3. Qingdo Haier
       11.3.4. Samsung Electronics
       11.3.5. Electrolux
       11.3.6. LG Electronics
       11.3.7. Panasonic
       11.3.8. UTC
       11.3.9. Hitachi
       11.3.10. Gree Electric Appliances
       11.3.11. Sharp Corp
       11.3.12. Midea Group Co. Ltd.
       11.3.13. Carrier Corp
       11.3.14. Fuji Electric
       11.3.15. Honeywell International
       11.3.16. Ingersoll Rand
       11.3.17. Johnson Controls
       11.3.18. Lennox International
       11.3.19. Petra Engg Industies Co.
       11.3.20.Other Players

12. Research Methodology

13. Secondary and Primary Sources

14. Assumptions and Acronyms

15. Disclaimer

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Air Conditioning System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026