Articles Tagged with ''air conditioning market''

The latest report on the global commercial air conditioning market from Technavio provides an analysis of the top three emerging trends expected to impact the market outlook from 2016 to 2020.

The global commercial air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 8.98 percent during the period of 2016 to 2020, according to a research report from ReportsnReports.

The global market for air conditioning systems was pegged at a value of $104.4 billion in 2015 and is projected to rise to $167 billion by the end of 2024, expanding at a 5.1 percent compound annual growth rate (CAGR) from 2016 to 2024, according to a report from Transparency Market Research.

The global data center precision air conditioning market is expected to record a compound annual growth rate (CAGR) of more than 10 percent to 2020, according to the latest market research report by Technavio.

The global market contracted by 5 percent in value terms in 2015 whereas the market had shown a growth of 7 percent in 2014. 

Technavio’s latest research report on the global air conditioning market provides an analysis on the most important trends expected to impact the market outlook from 2016 to 2020.

The global split air conditioning market is expected to exceed 104 billion tons by 2020, increasing at a compound annual growth rate (CAGR) of over 6 percent during the forecast period, according to the latest market research study released by Technavio.

In 2013, the world air conditioning market was valued at $91.6 billion, having grown more than 6 percent compared with $86.8 billion in 2012 — evidence that the global a/c market is finally out of the woods. 

The North America air conditioning systems market is forecast to reach $52.56 billion by 2020, according to a new study by Grand View Research Inc. Increasing construction spending is expected to drive the market across the residential, commercial, and industrial sectors.