North American Split Air Conditioning Market Size & Growth Analysis Report, 2021-2027


Posted August 26, 2021 by danishahmed

North American split air conditioning market is forecast to grow at a modest growth rate at a CAGR of 2% during the forecast period
 
North American split air conditioning market is forecast to grow at a modest growth rate at a CAGR of 2% during the forecast period. Major factors augmenting the market is the high rate of urbanization, the high adoption rate of AC, and high disposable income. Rise in the demand of commercial split AC market, and inverter AC are also some of the major drivers for the growth of the market in the region. Cohesive government regulations will augment the demand for eco-friendly refrigerant which is providing a significant opportunity to the market. 

The market is segmented on the basis of application, type, and refrigerant type. By application, the market is segmented into residential, commercial, industrial and others. During the forecast period, residential is expected to have a major market share. By refrigerant type, the market is divided into HCFC, HFC, HFO, and natural refrigerant. HFO and Natural refrigerant will show a significant growth rate during the forecast period in the region. 

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The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.


Secondary Sources Include

Financial reports of companies involved in the market.

White papers, research-papers, and news blogs.

Company websites and their product catalog.


The report is intended for AC manufacturers, AC component manufacturers, automobile companies, chemical companies, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.



A Full Report of Global North American Split Air Conditioning Market is Available at: https://www.omrglobal.com/industry-reports/north-american-split-air-conditioning-market

Company Profiles
Daikin Industries Ltd.
Gree Electric Appliances Inc.
Guangdong Chigo Air Conditioning Co., Ltd.
Haier Electronics Group Co. Ltd.
Johnson Controls International PLC
Midea group 
TCL Air Conditioner Zhongshan Co. Ltd.
United Technologies Corp.
Xiaomi Corp.

Market- Segmentation
North American Split Air Conditioning Market by Application
Residential
Commercial
Industrial
Healthcare
Institution
Automotive
Others
North American Split Air Conditioning Market by Type
Splits
Rooftop
Indoor Packaged
Chillers
VRF
AHU/FCU
North American Split Air Conditioning Market by Refrigerant Type
HCFC
HFC
HFO
Natural Refrigerant


North American Split Air Conditioning Market- Segmentation
By Region 


North America 

United States
Canada


Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe


Asia-Pacific 

China
Japan
India
Rest of Asia-Pacific


Rest of the World

Middle East & Africa 
Latin America



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Last Updated August 26, 2021