Air conditioner (AC) is a device that controls the hot, humid air and maintains a steady flow of cool air inside the room to provide comfort to the occupant of the room. It can be done both in domestic and commercial areas. The global air conditioner market is expected to rise by an impressive CAGR during the forecast period (2016-2027) and by the end of that year it is expected to cross the estimated valuation.

MRFR introduces segments as a part of their understanding of the Global Air Conditioner Market. These segments are types, duct type, and application. The segmentation gives a solid foundation to the predictive analysis of the market along with other value-based and volume-based figures.

Based on the type, the air conditioner market can be segmented into split air conditioner, rooftop air conditioner, indoor packaged air conditioner, and other air conditioners. The split air conditioner segment has substantial market coverage and is expected to gain remarkably from the market during the forecast period.

Based on the duct type, the air conditioner market includes ductless and ducted. The ductless segment has notable market presence.

Based on the application, the air conditioner market comprises commercial, residential, institutional, industrial, and others. The rise in global housing market has given a significant thrust to the residential segment. However, the commercial segment is also witnessing remarkable transformation in the market.

Market Research Future (MRFR), while discussing the air conditioner market, revealed several factors. Climate is one where the constant surge in heat is expected to create a demand for installation of air conditioner. Also, the change in lifestyle definition has spurred the intake of air conditioners. Surge in residential sector is also expected to provide substantial traction to the global air conditioner market.

The Major Market Players for the Global Air Condition AC Market are Daikin Industries Ltd, LG, Carrier Corporation, Samsung Ac, Johnson Controls, Videocon, Lennox, International, Petra Engineering Industries Co, Panasonic Corporation, Siemens AC, Etc.

In June 2019, Nortek Global HVAC, a leading name among the HVAC equipment manufacturer, announced the launch of their W-series of air conditioning and heat pump equipment. These technologies can be used for residential purpose and light commercial applications. This has also completed the redesigning of Gibson, NuTone, and Frigidaire. This would also help in deciding a proper pricing range.

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Some Important Table of Contents:

1 Introduction

1.1 Definition

1.2 Scope of the Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3Global Air Condition AC Market Overviews

3.1 Introduction

3.1.1 Definition

3.1.2 Market Segmentation

4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Mega Trends

4.5 Macroeconomic Indicators

4.6 Important Pointers by Industry Experts

5 Air Condition AC Market ANALYSIS

5.1 Value Chain/Supply Chain Analysis

5.2 Porters’ Five Forces Analysis

5.3 Pricing Analysis In (2014-2024)

5.4 Historical Market Analysis (2010-2015)

6 Air Condition AC Market PORTER’S 5 Forces Analysis

6.1 Threat of New Entrants

6.2 Threat of Substitutes Products or Services

6.3 Bargaining Power of Buyers/Customer

6.4 Bargaining Power of Suppliers

6.5 Degree of Competition

7 Air Condition AC Market Value & Volume Forecast (2016-2017) (US $ MILLION)

7.1 Y-O-Y Growth Projections

7.2 Opportunity Analysis

7.3 Market Share Analysis