Boston, MA -- (SBWIRE) -- 02/07/2017 -- Air conditioning systems are deployed in buildings for the efficient management of humidity and temperature. The technology in these air conditioning systems has been transforming and witnessing innovations in fields like compressor technology, coolers, filters, and drying agents. These technological advancements are aimed at enhancing performance and reducing energy costs. Air conditioning systems are approaching the standard equipment status in developing economies.

Technavio's analysts forecast the global air conditioning market to grow at a CAGR of 8.61% during the period 2017-2021.

Get More Details on this Report and a Full Table of Contents at Global Air Conditioning Market 2017-2021

Covered in this report
The report covers the present scenario and the growth prospects of the global air conditioning market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of various types of air conditioning systems.

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

-Americas
-APAC
-Europe
-MEA

Technavio's report, Global Air Conditioning Market 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
-GREE Electric Appliances
-Midea
-Mitsubishi Electric
-Panasonic
-Toshiba Carrier

Other prominent vendors

-Blue Star
-Electrolux
-Haier
-Hitachi
-Ingersoll Rand
-Johnson Controls
-LG
-Samsung

Market driver

-Increasing demand for inverter air conditioners.
-For a full, detailed list, view our report

Market challenge

-Changes in regulatory actions.
-For a full, detailed list, view our report

Market trend

-Increasing adoption of central air conditioning systems.
-For a full, detailed list, view our report

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Daikin, GREE Electric Appliances, Midea, Mitsubishi Electric, Panasonic, Toshiba Carrier, Blue Star, Electrolux, Haier, Hitachi, Ingersoll Rand, Johnson Controls, LG,, Samsung

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