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(Construction.IndustryNews247.Com, September 03, 2019 ) Market Overview:
The Air Conditioners Market is expected to grow at a CAGR of XX% to reach a market value of USD XX million by 2026. Due to climate change like humidity and temperature rise all around the world will grow the market for the air conditioner in the forecast period.
Market Dynamics:
The global Air Conditioners is primarily driven by the changing climate all around the world. The rising temperature and humidity across globe due to the various factors such as global warming and others. Now, the air conditioners are no more considered as a luxury product but more of a necessity in many parts of the world. Demand for optimum comfort at home and office is driving the market for the forecast period.
Market Segmentation:
By Type
Chillers
VRF
Ductable Splits
Light Commercial Air Conditioners
Others
By End-User
The Air Conditioners Market is segmented into
Commercial
Residential
Commercial
Geographical Analysis:
By geography, the global Pet Tick Repellant market is segmented into
North America
Asia-Pacific (APAC)
Europe
South America
Middle East and Africa (MEA).
View sample of the reports: https://www.datamintelligence.com/research-report/air-conditioners-market
APAC holds the largest market share for Air Conditioners due to the rise in the population coupled with the disposable income in the region. The major rise in share for Asia-pacific is due to the large sales and production of air conditioners in China. India is also a significant contributor towards the high share of Asia-Pacific for air conditioner market due to the rise in economy and growing investment in construction sector. And also, due to rise in the hospitality and tourism industry, air conditioner market in Asia-pacific is expected grow exponentially during the forecast period. For instance, as China offers a tremendous opportunity both in terms of the market size and travelers, Oyo Hotels & Homes are on a tear to expand across China and Indonesia. The Gurgaon Company has said that it's committing $600 million to grow its business in the Chinese market and another $100 million for further development in Indonesia.
North America is after APAC in terms of the market share of Air Conditioners due to the rise in the residential households, infrastructure developments and also because of the upcoming supermarket and hypermarket construction will be the major drivers for air conditioner market in the region.
In March 2019, Amazon.com Inc. is planning to open dozens of grocery stores in several major U.S. cities, according to people familiar with the matter, as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers lives. The company plans to open its first outlet, in Los Angeles, as early as the end of the year.
Competitive Analysis
Daikin Industries,
Mitsubishi Electric Corporation,
Midea Group Co Ltd,
Samsung Electronics,
Others.
Download free sample: https://www.datamintelligence.com/download-sample/air-conditioners-market
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Email: info@datamintelligence.com
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Website: www.datamintelligence.com
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com 
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