The Australia air conditioning market is estimated to grow at a modest growth rate during the forecast period. Some of the motivating factors of the market include large desert areas in the country which results in heatwaves, which generates a significant need for air conditioning in the country. Moreover, high disposable income in the country is also a major factor due to which people can afford the air conditioning system in the country. Result of this, the residential segment is expected to have a significant market share during the forecast period.

Request a free sample of our report on Australia Air Conditioning Market: https://www.omrglobal.com/request-sample/australia-air-conditioning-market

Australia is one of the most affected countries from ozone depletion due to the emission of refrigerants. Due to this, the country has restricted production and imports of several refrigerants. For instance, the country has limited the import of R22 to 45 tons from 2016 to 2029 and from January 1, 2030, the imports of the R22 will be banned entirely. From January 1, 2020 R22 can be used only for servicing existing refrigeration and air conditioning equipment. As per the Department of the Environment and Energy, HFCs such as R-134a and R-410a are among the most common refrigerant used in the country, which is around 81% of the total refrigerant volume used in the country in 2019. Due to this, the HFCs segment is expected to have a major market share during the forecast period with a significant growth rate.

A full report of Australia Air Conditioning Market is available at https://www.omrglobal.com/industry-reports/australia-air-conditioning-market

Australia Air Conditioning Market Segmentation

By Application

Residential

Commercial

Industrial

Healthcare

Institution

Automotive

Others

By Type

Splits

Rooftop

Indoor Packaged

Chillers

VRF

AHU/FCU

By Refrigerant Type

HCFC

HFC

HFO

Natural Refrigerant

Company Profiles

Action Air Conditioning, Inc.

Daikin Industries Ltd.

Electrolux AB

Fujitsu General Ltd.

Honeywell International Inc.

LG Electronics Inc.

Mitsubishi Electric Corp.

Panasonic Corp.

Rinnai Corp.

United Technologies Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/australia-air-conditioning-market

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404