Albany, NY -- (SBWire) -- 08/02/2016 --The global residential air conditioner market to grow at a CAGR of 12.01% during 2014-2019. A residential air conditioner is deployed to lower the air temperature of a room, maintain suitable humidity, provide ventilation, and keep the air free from dust, soot, and micro-organisms. It employs the refrigerant cycle to transport heat outside the room. The main components of the air conditioner are:
- Compressor
- Condenser
- Metering device
- Cooling coil
- Air handling unit
- Duct system
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The report includes the present scenario and the growth prospects of the global residential air conditioner market for 2015-2019. Based on the product type, the market can be segmented into split, single-packaged, windows, and portable.
Technavio's report, Global Residential Air Conditioner Market 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
- Daikin
- Haier
- Hitachi
- LG
- Mitsubishi Electric
Other prominent vendors
- Aux Air Conditioner
- Carrier
- Electrolux
- Panasonic
- Toshiba
- Whirlpool
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Key Questions Answered in this Report
- What will the market size be in 2019 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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Global Residential Air Conditioners Market Is Anticipated to Grow at a CAGR of 12.01% During Forecast 2015-2019
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