May 30, 2011: New Report Provides Central A/C Systems U.S. Market Overview
Central air conditioning product segments analyzed in this study include direct expansion (DX) central air conditioning systems and central plant/chilled water central air conditioning systems, also referred to as applied systems. The report also analyzes the market of the sub-segments of DX systems - split a/c systems, packaged a/c systems, and heat pumps; and central plant air conditioning systems - chillers, cooling towers, air-handling units, and fan coil units.
In terms of unit shipments, central air conditioners in the U.S. are estimated at 4.5 million units in 2010, valued at $9.22 billion. Though unit shipments are forecast to exhibit a low compound annual growth rate (CAGR) of 1.70 percent over the 2006-2015 analysis period, shipment value is expected to maintain a high CAGR of 5.02 percent during the same period. Research and Markets said this can be attributed to changes in unit prices that vary from year to year, dependent on demand and new technologies. The market for 2011 is expected to touch 4.8 million units valued at $9.7 billion.
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Publication date: 05/30/2011