Integrated Central Air Conditioning Market Size - By application (home use, commercial use, and others), By type (air duct system, cold/hot water system, refrigerant system) & Region – Forecasts By 2030
- PUBLISHED ON
- 2024-07-27
- NO OF PAGES
- 205
- CATEGORY
- Electronics & Communication
Commercial and residential spaces employ central air conditioning, a centralised cooling system. Through duct-line, it enables the distribution of chilled air from a central place to one or more rooms. Due to its capacity to control the temperature of sizable regions, the product is extensively employed in huge commercial locations.
Technology-advanced concepts have improved product operations, which has in turn increased product uptake. Either a split-system unit or a packaged unit makes up a central air conditioner. Room air conditioners are not as effective as central air conditioners.
The energy-efficient integrated central air conditioner has all-weather refrigeration, high-level automatic control, remote monitoring, and automatic fault alarm capabilities. It is a dedicated air conditioner for the dedicated machine room. It is appropriate for equipment rooms at different mobile communication operators, as well as for hospitals, businesses, research facilities, and other facilities.
Integrated Central Air Conditioning Market- Overview
The Global Integrated Central Air Conditioning Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over 2022-2030.
It is projected that the expansion of hospitals, hotels, clinics, theatres, and multiplexes will hasten market growth in the coming years. The industry is also anticipated to be fuelled by elements like the tourist and construction industries' optimistic expansion.
Over the forecast period, it is also anticipated that rising disposable incomes will help the sales of air conditioning equipment. Additionally, the market for air conditioning systems is anticipated to increase favourably due to customers' increasing preference for energy-efficient systems and the popularity of portable systems.
The growing population is also driving up demand for air conditioning equipment, which is expected to have a favourable impact on the building sector.
Integrated Central Air Conditioning Market- Key trends
Increasing inclination of consumers towards energy-efficient systems
The introduction of technologically innovative concepts can enhance the functionality of products, allowing for greater global adoption. Global product demand will be driven in the near future by the use of artificial intelligence and the Internet of Things. Airports, hotels, apartment buildings, and medical facilities all around the world make extensive use of central air conditioning systems. In the upcoming years, a sizable investment in productive product development will aid in the market's expansion.
High investment in developing new commercial spaces
The need for contemporary, energy-saving central air conditioning systems is expanding as a result of rising income levels, modernization, and living standards, which have a significant impact on the residential and commercial HVAC industries. The choice of an adequate central air conditioning system is crucial in the commercial building business because a poor choice could increase the system's initial or ongoing expenses and reduce comfort and indoor air quality.
Integrated Central Air Conditioning Market- Segmental assessment
By Type
• Air duct system
• Cold/hot water system
• Refrigerant system
• Others
By application
• Home use
• Commercial use
• Others
Integrated Central Air Conditioning Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
Integrated Central Air Conditioning Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Daikin Industries, Ltd., Lennox International Inc., Carrier, Blue Star Limited, Haier Inc., Mitsubishi Electric Corporation, Fujitsu General, Nortek Global HVAC, Trane, LG Electronics, and others.
Report scope
Global Integrated Central Air Conditioning Market: Historical Years- 2018-2021
Global Integrated Central Air Conditioning Market: Forecast Years- 2022-2030
Key segments covered-
1) By application (home use, commercial use, and others).
2) By type (air duct system, cold/hot water system, refrigerant system, and others).
Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
Top players profiled- Daikin Industries, Ltd., Lennox International Inc., Carrier, Blue Star Limited, Haier Inc., Mitsubishi Electric Corporation, Fujitsu General, Nortek Global HVAC, Trane, LG Electronics, and others.
1.
Global Integrated Central Air Conditioning
Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Integrated Central Air Conditioning Market
Definition & Description
1.3. Global
Integrated Central Air Conditioning Market Scope and Market Estimation
1.3.1. Global
Integrated Central Air Conditioning Overall Market Size, Revenue (US$ Mn),
Market CAGR (%), Market forecast (2023-2033)
1.3.2. Global
Integrated Central Air Conditioning Market Revenue Share (%) and Growth Rate
(Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Type
of Global Integrated Central Air Conditioning Market
1.4.2. Application
of Global Integrated Central Air Conditioning Market
1.4.3. Region
of Global Integrated Central Air Conditioning Market
2.
Executive
Summary
2.1. Global
Integrated Central Air Conditioning Market
Industry Trends under COVID-19 Outbreak
2.1.1. Global
COVID-19 Status Overview
2.1.2. Influence
of COVID-19 Outbreak on Global Integrated
Central Air Conditioning Market Industry Development
2.2. Market
Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact
Analysis of Drivers and Restraints
2.3. Pricing
Trends Analysis & Average Selling Prices (ASPs)
2.4. Key
Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s
Five Forces Analysis
2.5.1. Bargaining
Power of Suppliers
2.5.2. Bargaining
Power of Buyers
2.5.3. Threat
of Substitutes
2.5.4. Threat
of New Entrants
2.5.5. Competitive
Rivalry
2.6. Value
Chain / Ecosystem Analysis
2.7. PEST
Analysis
2.8. Russia-Ukraine
War Impacts Analysis
2.9. Economic
Downturn Analysis
2.10. Market
Investment Opportunity Analysis (Top Investment Pockets), By Segments & By
Region
3.
Global
Integrated Central Air Conditioning Market Estimates & Historical Trend
Analysis (2020 - 2022)
4.
Global
Integrated Central Air Conditioning Market Estimates & Forecast Trend
Analysis, by Type
4.1. Global
Integrated Central Air Conditioning Market Revenue (US$ Mn) Estimates and
Forecasts, by Product Type, 2023 to 2033
4.1.1. Air
duct system
4.1.2. Cold/hot
water system
4.1.3. Refrigerant
system
5.
Global
Integrated Central Air Conditioning Market Estimates & Forecast Trend
Analysis, by Application
5.1. Global
Integrated Central Air Conditioning Market Revenue (US$ Mn) Estimates and
Forecasts, by Installation, 2023 to 2033
5.1.1. Home
use
5.1.2. Commercial
us
6.
Global
Integrated Central Air Conditioning Market Estimates & Forecast Trend
Analysis, by Region
6.1. Global
Integrated Central Air Conditioning Market Revenue (US$ Mn) Estimates and
Forecasts, by Region, 2023 to 2033
6.1.1. North
America
6.1.2. Europe
6.1.3. Asia
Pacific
6.1.4. Middle
East & Africa
6.1.5. South
America
7.
North America Integrated Central Air Conditioning Market: Estimates & Forecast Trend Analysis
7.1. North
America Integrated Central Air Conditioning Market Assessments & Key
Findings
7.1.1. North
America Integrated Central Air Conditioning Market Introduction
7.1.2. North
America Integrated Central Air Conditioning Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
7.1.2.1. By
Type
7.1.2.2. By
Application
7.1.2.3. By
Country
7.1.2.3.1. The
U.S.
7.1.2.3.2. Canada
7.1.2.3.3. Mexico
8.
Europe Integrated
Central Air Conditioning Market:
Estimates & Forecast Trend Analysis
8.1. Europe
Integrated Central Air Conditioning Market Assessments & Key Findings
8.1.1. Europe
Integrated Central Air Conditioning Market Introduction
8.1.2. Europe
Integrated Central Air Conditioning Market Size Estimates and Forecast (US$
Million) (2023 to 2033)
8.1.2.1. By
Type
8.1.2.2. By
Application
8.1.2.3. By
Country
8.1.2.3.1. Germany
8.1.2.3.2. U.K.
8.1.2.3.3. France
8.1.2.3.4. Italy
8.1.2.3.5. Spain
8.1.2.3.6. Russia
8.1.2.3.7. Rest
of Europe
9.
Asia Pacific Integrated Central Air Conditioning Market: Estimates & Forecast Trend Analysis
9.1. Asia
Pacific Market Assessments & Key Findings
9.1.1. Asia
Pacific Integrated Central Air Conditioning Market Introduction
9.1.2. Asia
Pacific Integrated Central Air Conditioning Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
9.1.2.1. By
Type
9.1.2.2. By
Application
9.1.2.3. By
Country
9.1.2.3.1. China
9.1.2.3.2. Japan
9.1.2.3.3. India
9.1.2.3.4. Australia
9.1.2.3.5. South
Korea
9.1.2.3.6. ASEAN
9.1.2.3.7. Rest
of Asia Pacific
10. Middle
East & Africa Integrated
Central Air Conditioning Market:
Estimates & Forecast Trend Analysis
10.1. Middle
East & Africa Market Assessments & Key Findings
10.1.1. Middle East & Africa Integrated
Central Air Conditioning Market Introduction
10.1.2. Middle East & Africa Integrated
Central Air Conditioning Market Size Estimates and Forecast (US$ Million) (2023
to 2033)
10.1.2.1. By
Type
10.1.2.2. By
Application
10.1.2.3. By
Country
10.1.2.3.1.
U.A.E.
10.1.2.3.2.
Saudi Arabia
10.1.2.3.3.
Egypt
10.1.2.3.4.
South Africa
10.1.2.3.5.
Rest of Middle East & Africa
11. South
America Integrated
Central Air Conditioning Market:
Estimates & Forecast Trend Analysis
11.1. South
America Market Assessments & Key Findings
11.1.1. South
America Integrated Central Air Conditioning Market Introduction
11.1.2. South
America Integrated Central Air Conditioning Market Size Estimates and Forecast
(US$ Million) (2023 to 2033)
11.1.2.1. By
Type
11.1.2.2. By
Application
11.1.2.3. By
Country
11.1.2.3.1.
Brazil
11.1.2.3.2.
Argentina
11.1.2.3.3.
Colombia
11.1.2.3.4.
Rest of South America
12. Competition
Landscape
12.1. Global
Integrated Central Air Conditioning Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
12.2. Global
Integrated Central Air Conditioning Market Concentration & Company Market
Shares (%) Analysis, 2022
13. Company
Profiles
13.1. Daikin Industries
13.1.1. Company
Overview & Key Stats
13.1.2. Financial
Performance & KPIs
13.1.3. Product
Portfolio
13.1.4. Business
Strategy & Recent Developments
* Similar details would be provided for all the
players mentioned below
13.2. Lennox International Inc.
13.3. Carrier
13.4. Blue Star Limited
13.5. Haier Inc.
13.6. Mitsubishi Electric Corporation
13.7. Fujitsu General
13.8. Nortek Global HVAC
13.9. Trane
13.10. LG Electronics
13.11. Others**
14. Research Methodology
14.1. External
Transportations / Databases
14.2. Internal
Proprietary Database
14.3. Primary
Research
14.4. Secondary
Research
14.5. Assumptions
14.6. Limitations
14.7. Report
FAQs
15. Research Findings & Conclusion
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Market Estimates and Forecast
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size and growth projections?
The Global Integrated Central Air Conditioning Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over 2022-2030.
What are the drivers shaping various markets?
The introduction of technologically innovative concepts can enhance the functionality of products, allowing for greater global adoption.
Who are the key competitors of market Players?
Some of the major players operating within the market are Daikin Industries, Ltd., Lennox International Inc., Carrier, Blue Star Limited, Haier Inc., Mitsubishi Electric Corporation, Fujitsu General, Nortek Global HVAC, Trane, LG Electronics, and others.
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