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Air-Conditioning Equipment Global Market Report 2021 - By Product Type (Unitary Air Conditioners, Room Air Conditioners, Packaged Terminal Air Conditioners, Chillers, Absorption Liquid Chillers), By Components (Refrigerant, Compressor, Condenser Coil, Expansion Valve, Evaporator Coil), By Application (Residential, Commercial), COVID -19 Impact And Recovery

What is the definition of the air-conditioning equipment market?

The air-conditioning equipment market consists of sales of air-conditioning equipment by entities (organizations, sole traders, and partnerships) that produce air-conditioning equipment which is used to create and maintain fixed temperature, relative humidity, and air purity conditions in indoor spaces. The air-conditioning equipment market is segmented into compressors and condensers. Only goods and services traded between entities or sold to end consumers are included.

How will the air-conditioning equipment market drivers and restraints affect air-conditioning equipment market dynamics? What forces will shape the air-conditioning equipment industry going forward?

The air-conditioning equipment market growth is aided by increasing urbanization and industrialization. However, some air-conditioning equipment market restraints include high cost of air-conditioning installation and replacement limits air-conditioning equipment’s

What is the forecast market size of the air-conditioning equipment market?

The air-conditioning equipment market forecast is expected to reach $247.54 billion in 2025 at a compound annual growth rate of 7.4%.

How is the air-conditioning equipment market segmented?

The global air-conditioning equipment market is segmented -
1) By Product Type: Unitary Air Conditioners, Room Air Conditioners, Packaged Terminal Air Conditioners, Chillers, Absorption Liquid Chillers
2) By Components: Refrigerant, Compressor, Condenser Coil, Expansion Valve, Evaporator Coil
3) By Application: Residential, Commercial

Which region has largest share, and what is the market size and growth by geography according to the air-conditioning equipment global market report?

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Who are the key players of the global air-conditioning equipment market?

Top competitors in the air-conditioning equipment market are Daikin Industries Ltd., Lennox International Inc., Hitachi Ltd., Panasonic Corporation, Electrolux AB, Mitsubishi Electric Corporation, MIDEA Group Co. Ltd., Samsung Electronics Co. Ltd., Sharp

What are the key trends in the global air-conditioning equipment market?

Major trends influencing the air-conditioning equipment market include high cost of air-conditioning installation and replacement

What are the major opportunities in the air-conditioning equipment market and the approaches companies can take to take advantage of them?

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How does the air-conditioning equipment market relate to the overall economy and other similar markets?

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