Air Conditioning Systems Market (Type - Portable Air Conditioning Systems, Central Air Conditioning System, Split Air Conditioning Systems, Packaged Air Conditioning Systems, Chillers, and Others; End Use - Residential, Commercial, Industrial, and Automotive): Global Industry Analysis, Trends, Market Size and Forecasts to 2024. The global air conditioning systems market is projected to grow at a CAGR of 5.5% over the forecast period of 2018-2024.

Pune, India -- (SBWire) -- 05/19/2020 --Infinium Global Research has recently published a global report on "Air Conditioning Systems Market (Type - Portable Air Conditioning Systems, Central Air Conditioning System, Split Air Conditioning Systems, Packaged Air Conditioning Systems, Chillers, and Others; End Use - Residential, Commercial, Industrial, and Automotive): Global Industry Analysis, Trends, Market Size and Forecasts to 2024." According to the report the global air conditioning systems market is projected to grow at a CAGR of 5.5% over the forecast period of 2018-2024.

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Adopting Green Technologies to Promote Growth

Improvement in housing standards is the factor driving the growth of the air conditioning systems market. Additionally, Regulatory norms of electrical appliances have necessitated the production of energy-efficient systems and migration from traditional equipment this, in turn, is fuelling the demand for air conditioners systems market over the forecast period. On the other hand, split air conditioners offer plenty of benefits including less noise, low initial cost, and ease of installation. However, individuals using portable systems for trips and other outdoor activities are expected to fuel the growth of air-conditioning systems during the forecast period.

Trend of Green Technology and Smart Homes

Furthermore, manufacturer within the global air conditioning is adopting green technologies and advanced technologies that are making air conditioners systems energy efficient. This, in turn, is providing several opportunities for the key players in the global air conditioning systems market. Moreover, the trend of green technology and smart homes are expected to create several growth opportunities for the global air conditioning systems.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on Air Conditioning Systems Market is Included in the Report for Free."

Asia Pacific Region to Contribute to Growth in the Market

The Asia Pacific is dominating the global air conditioners systems market. The demand for air conditioners in the Asia Pacific is likely driven by India, China, and Japan. Infinium Global Research quoted that a rising number of the automobile is contributing to the growth of the Air conditioning market in Asia Pacific regions.

Europe is anticipated to witness a moderate growth owing to the growing awareness about energy-efficient air conditioning systems in building automation, and control has driven its demand in the European regions. On the other hand, the changing standards of American society ongoing technological evolution, and the presence of several regulatory policies have been accelerating the demand for energy-efficient, technologically advanced, and eco-friendly air conditioning systems in North America.

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"We Have Decided to Extend Our Support to the Industry on Account of Corona Outbreak by Offering Flat Discount 30% on All Our Studies and Evaluation of the Market Dynamics in Air Conditioning Systems Amidst COVID-19."

Air Conditioning Systems Market Coverage

Chapter - 1 Preface

=> Report Description

=> Research Methods

=> Research Approaches

Chapter - 2 Executive Summary

=> Air Conditioning Systems Market Highlights

=> Air Conditioning Systems Market Projection

=> Air Conditioning Systems Market Regional Highlights

Chapter - 3 Global Air Conditioning Systems Market Overview

=> Introduction

=> Market Dynamics

=> Porter's Five Forces Analysis

=> IGR-Growth Matrix Analysis

=> Value chain air conditioning systems market

Chapter - 4 Air Conditioning Systems Market Macro Indicator Analysis

Chapter - 5 Global Air Conditioning Systems Market by Type

=> Portable Air Conditioning Systems

=> Central Air Conditioning System

=> Split Air Conditioning Systems

=> Packaged Air Conditioning Systems

=> Chillers

=> Others

Chapter - 6 Global Air Conditioning Systems Market by End Use

=> Residential

=> Commercial

=> Industrial

=> Automotive

Chapter - 7 Global Air Conditioning Systems Market by Region 2018-2024

=> North America

=> Europe

=> Asia-Pacific

=> RoW

Chapter - 8 Company profiles and competitive landscape

=> Voltas Ltd

=> LG Corporation

=> Haier Group Corporation

=> Daikin Industries Ltd

=> Samsung Electronics Corp

=> Carrier Corporation

=> Blue Star

=> Hitachi Ltd

=> Whirlpool Corporation

=> Panasonic Corporation

Chapter - 9 Appendix

=> Primary research findings and questionnaire

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Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations and environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.