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Pulished Date April, 2021
ID: 9036
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North America Air Conditioning Systems Market Research Report – Segmented By Product Type (Portable, Window & Split), By End-user (Residential & Commercial), By Country (US, Canada & Rest of North America) –Industry Size, Share, Trends, Growth & Forecast Report | 2021 - 2026

Pulished: April, 2021
ID: 9036
Pages: 100

North America Air Conditioning Systems Market Size, Trends & Forecast (2021 - 2026)

The Air Conditioning Systems units are expected to reach approximately 50.02 million by 2020 and the market is estimated to be growing at a CAGR of 7.1% during the forecast period of 2021 – 2026.

Air conditioning systems vary in units from small to large. Small units are widely used in single rooms whereas large units can be operated to provide cooling for the entire building. These systems offer a comfortable environment in the interior by improving the quality of the air.

Drivers, Challenges & Opportunities in the North America Air Conditioning Systems Market

Rise in the disposable income in urbanized areas is the primary factor influencing the growth of the market. In addition, growing conditions of global warming are accelerating the demand of the market.

However, lack of standardization is quietly degrading the growth of the regional market. Stringent rules and regulations by the government in concern towards the environment safety measures remained a challenging factor for the market.

Increasing competition between the market players and the launch of various features for the existing systems innovatively are setting up growth opportunities for the market. Furthermore, a growing number of smart home buildings are leveraging the demand of the market.

This research report has been segmented and sub-segmented into the following categories

  • By Product Type: Portable, Window, and Split

  • By End-user: Residential and Commercial

  • By Country: US, Canada & Rest of North America

On the basis of product type, Split air conditioning systems are ruling with the highest shares of the market by owing to the adoption of the latest technological developments.

On the basis of end-user, the Commercial segment is accounted for leading the highest shares of the market with the rise in the scale of the industries and their demand for installation of air conditioners.

Geographically, North America is accounting for the largest shares of the market and it is estimated to continue the same growth in foreseen years. Manufacturing of the products with new techniques in order to consume less energy is fueling the demand of the market. Also, growing revenue in developed and developing countries is lavishing the growth of the market in this region. In addition, the growing prevalence of the large unit air conditioners due to a rise in the construction of malls and other commercial buildings.

Few of the leading companies operating in the North American Air Conditioning Systems Market profiled in this report are Ingersoll Rand, Daikin Industries Ltd., Carrier Corporation, Mitsubishi and Hitachi among others.

  1. Introduction
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Market Drivers
    2. Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Market Segmentation
    1. By Type
      1. Portable
      2. Window
      3. Split
      4. Y-o-Y Growth Analysis, By Type
      5. Market Attractiveness Analysis, By Type
      6. Market Share Analysis, By Type
    2. By Application
      1. Residential
      2. Commercial
      3. Y-o-Y Growth Analysis, By Application
      4. Market Attractiveness Analysis, By Application
      5. Market Share Analysis, By Application
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends
      2. Impact Analysis
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Type
        3. By Application
      4. Market Attractiveness Analysis      
        1. By Geographical Area
        2. By Application
      5. Market Share Analysis       
        1. By Geographical Area
        2. By Application
        3. By Type
    2. North America
      1. Introduction
      2. US
      3. Canada
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Market Leaders' Analysis
    1. Cummins Inc
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Ingersoll Rand
    3. Daikin Industries Ltd.
    4. Carrier Corporation
    5. Mitsubishi Hitachi
  9. Competitive Landscape
    1. Market share analysis                        
    2. Merger and Acquisition Analysis                     
    3. Agreements, Collaborations and Joint Ventures                     
    4. New Product Launches
  10. Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures 
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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