DUBLIN, Sept. 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Split AC Market 2014-2018" report to their offering.
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Air conditioning systems or air conditioners are deployed in buildings for efficient management of temperature and humidity. These systems are installed in commercial buildings, IT parks, hotels, restaurants, manufacturing industries, retail outlets, and residential buildings for enhanced lifestyle comfort. There are several types of air conditioners such as windows and portables, split, single packaged, chillers, and airside. A split AC has two main components that are separated from each other: one that is inside the building and the other outside. These two units are connected by pipes that carry the refrigerant, which cools and heats a room.
The analysts forecast the Global Split AC market will grow at a CAGR of 8.93 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Split AC market during the period 2014-2018. To calculate the market size, the report takes into account the revenue generated from the following product segments: Unducted Standard Split ACs, Ducted Standard Split ACs, VRF ACs, and US Ducted Split ACs.
The report, the Global Split AC Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Split AC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The Global Split AC market is increasingly adopting green technology and using renewable energy sources to create energy efficient, eco-friendly ACs. Many countries such as Saudi Arabia, the UAE, and the US are adopting green initiatives to promote the usage of renewable energy sources.
Moreover, the advent of hybrid systems and non-polluting refrigerants has led to the provision and adoption of green technology by vendors and end-users, respectively. In addition, vendors are developing innovative ACs that are compatible with eco-friendly refrigerants. Further, companies are manufacturing ACs to meet/exceed the guidelines set by the ENERGY STAR program and EnergyGuide labels. This trend could have a medium-term impact on the growth of the market over the next few years.
According to the report, one of the most important drivers in this market is the increase in construction activities. The market has been witnessing an increase in the global sales of homes and new buildings, leading to an increase in construction activities. The increase in construction activities directly influences the sales of air conditioning systems and is expected to drive the growth of the market over the next few years.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Product
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Prominent Vendors
19. Other Reports in this Series
Companies Mentioned:
- Carrier Corp.
- Daikin Industries Ltd.
- Gree Electric Appliance Inc. of Zhuhai
- Ingersoll-Rand plc
- Johnson Controls Inc.
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Mitsubishi Electric Corp.
- Panasonic Corp.
- AirwellGroup
- Dwyer Instruments Inc.
- Haier Consumer Electronics Group Co. Ltd.
- Lennox International Inc.
- Samsung Electronics Co. Ltd.
- Siemens AG
- Toshiba Corp.
- Voltas Ltd.
- Whirlpool Corp.
For more information visit http://www.researchandmarkets.com/research/gv7kgl/global_split_ac
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
