Air Conditioning Systems Market to Increase Exponentially with Size Worth $195.65 Billion By 2025

1. Air Conditioning Systems Market to Increase Exponentially with Size Worth $195.65 Billion By 2025 “The global air conditioning systems market size is anticipated to reach USD 195.65 billion by 2025. It is also expected to register a 9.9% CAGR during the forecasted period, 2019 to 2025. The rising need for good quality of air for breathing and ventilation is driving the market demand for such systems.” The Global air conditioning systems Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the air conditioning systems Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. air conditioning systems Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of air conditioning systems Market based on current & future analysis depending on historic data also featured in this Report. The global air conditioning systems market size is anticipated to reach USD 195.65 billion by 2025. It is also expected to register a 9.9% CAGR during the forecasted period, 2019 to 2025. The rising need for good quality of air for breathing and ventilation is driving the market demand for such systems. The technology segment of the inverter held the largest share across the global market in 2018 due to the rapidly increasing demand for energy-efficient systems and the ability of new systems to replace conventional ones. The non- inverter technology segment is anticipated to witness moderate growth from 2019 to 2025. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-air-conditioning-systems-market/request-sample

2. North America accounted for a share of 15% across the global market in 2018 due to the increasing adoption of such systems for air ventilation at homes and commercial buildings. While the Asia Pacific region held the largest share of more than 50% owing to surging usage of such systems across countries like India and China. Also, hot and humid climate prevailing across this region is further expected to create demand for such systems. The air conditioning system market includes key players such as Carrier Corporation, Electrolux, Haier, Inc., ALFA LAVAL, and Ingersoll-Rand plc. These players are investing hugely in R&Ds to gain a competitive advantage over other players. They are also adopting several strategies like mergers, acquisitions, and joint ventures to widen their product reach and to expand their product portfolio. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-air-conditioning-systems-market Further key findings from the report suggest: • The rooftop type segment held a share of around 30.0% across the global market. • In 2018, the commercial end use segment accounted for a share of 20.0% across the globe and is projected to register CAGR exceeding 6.0% from 2019 to 2025. • Asia Pacific held the largest share of around 50.0% across the global market in 2018. • The key players in this market are Carrier Corporation, Electrolux, Haier, Inc., ALFA LAVAL, Ingersoll-Rand plc and Hitachi Ltd. Million Insights has segmented the global air conditioning systems market on the basis of type, technology, end use, and region:

3. Air Conditioning Systems Type Outlook (Revenue, USD Billion; Volume, Thousand Units, 2014 - 2025) • Unitary • Rooftop • PTAC Air Conditioning Systems Technology Outlook (Revenue, USD Billion; Volume, Thousand Units, 2014 - 2025) • Inverter • Non-inverter Air Conditioning Systems End-Use Outlook (Revenue, USD Billion; Volume, Thousand Units, 2014 - 2025) • Residential • Commercial • Industrial Air Conditioning Systems Regional Outlook Revenue, USD Billion; Volume, Thousand Units, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • France • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico

4. • Middle East &Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/hvac Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184