The US split air conditioning market is estimated to show modest growth at a CAGR of around 2% during the forecast period. The major driving factors rising the growth of the market include adverse climate change and high disposable income. In 2018, more than 80% of the household population has air conditioners installed in their house. Other factors which contribute to the growth of this market is the rising demand for a commercial building with benefits of packaged air conditioners, rising environmental concerns which demand energy efficient and green ACs. Rising the adoption of smart ACs are expected to create a new opportunity for the market.

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The market is segmented on the basis of application and refrigerant type. By application, the market is further segmented into residential, commercial, industrial and others. By refrigerant type, the market is segmented into HCFC, HFC, HFO, and natural refrigerant. As per the Montreal Protocol, the country has to shift to HFO and natural refrigerant for their split AC, which will provide a significant market growth to these segments.

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US Split Air Conditioning Market Segmentation

By Application

Residential

Commercial

Industrial

Others (Healthcare)

By Refrigerant Type

HCFCs (Hydrochlorofluorocarbons)

HFC (Hydrofluorocarbon)

HFO (Hydrofluro-Olefins)

Natural Refrigerants

Company Profiles

Daikin Industries Ltd.

Gree Electric Appliances Inc.

Johnson Controls International PLC

Klimaire Products Inc.

LG Electronics Inc.

Pioneer International Pty. Ltd.

The Whirlpool Corp.

Trane Inc.

United Technologies Corp.

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