Report ID: SQMIG30K2020
Air Conditioners Market Size, Share, Growth Analysis, By Type(Room AC-Windows, split; Ducted AC- Ceiling Concealed, Rooftop Packaged; Ductless AC- cassette, Floor Standing), By Application(Residential, Commercial Offices and Retail, Industrial), By Technology(Manual, Automatic), By Distribution Channel(Online Retail, Retail Shops, Direct Sales, Distribution Sales), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30K2020 |
Region:
Global |
Published Date: February, 2024
Pages:
285
|
Tables:
122 |
Figures:
77
Air Conditioners Market Regional Insights
In 2021, North America accounted for more than 20% of the market's total revenue share. It is anticipated that replacement sales will drive development in the North American market as well as other developed markets worldwide. The government's increasing promotional efforts to promote the use of energy-efficient air conditioning systems and lower energy consumption are also anticipated to support the expansion of the regional market. The COVID-19 epidemic spread, which caused a decline in the market as a whole, while North America and Europe saw flat growth in 2020 and were not as badly affected as the rest of the world. This can be due to both regions' robust demand in the last quarter of 2020.
Air Conditioners Market Report Snapshots
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