Albany, NY -- (SBWIRE) -- 08/24/2017 -- Air conditioners are machines that control humidity, ventilation, and temperature of rooms, buildings, and vehicles. The market has two segmentations, residential and commercial markets. The products under consideration are window ACs and split ACs. The report only covers the air conditioning market in India. The global air conditioning market has changed rapidly over time with respect to technology and innovation in the field of coolers, filters, compressors, and sensors, which are used in smart air conditioners (ACs). These technologies help in developing energy-efficient ACs, which expand the customer base. The growth of the global residential and commercial construction market is driving the global air conditioning market.

Technavios analysts forecast the air conditioning market in India to grow at a CAGR of 10.39% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the air conditioning market in India for 2017-2021. To calculate the market size, the report considers the sales, volume, and value of split and window ACs.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Air Conditioning Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Daikin Airconditioning India
Johnson Controls - Hitachi Air Conditioning
Mitsubishi Electric
Voltas

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Other prominent vendors
Blue Star
Carrier
Godrej
LG
Lloyd Electric & Engineering
General
Onida
Whirpool
Samsung

Market driver
Increase in electronic retail store and e-commerce
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Market challenge
High cost of energy-efficient ACs and maintenance of traditional ACs
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Market trend
Increased demand for solar powered ACs
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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