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Analysts Forecast the Global Residential Air Conditioner Market to Grow at a CAGR of 12.01% During 2014-2019


Albany, NY -- (SBWIRE) -- 08/18/2015 -- Product Synopsis

About residential air conditioner
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:
Metering device
Cooling coil
Air handling unit
Duct system

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Analysts forecast the global residential air conditioner market to grow at a CAGR of 12.01% during 2014-2019.

Covered in this report

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.

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.

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Key vendors:
Mitsubishi Electric

Other prominent vendors:
Aux Air Conditioner

Key market driver:
Rising disposable incomes
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Key market challenge:
Increase in raw materials price
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Key market trend:
Gaining popularity among aging population
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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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