San Francisco, California (PRWEB) May 22, 2014
The North America air conditioning systems market is expected to reach USD 52.56 billion by 2020, according to a new study by Grand View Research, Inc. Increasing construction expenditure is expected to drive the market across residential, commercial and industrial sectors. Additionally, favorable regulatory initiatives for energy efficiency are also expected to fuel market growth over the next six years.
Technological advancement has bolstered product development and innovation. High degree of competition from other regional markets, coupled with lower prices of products offered by Chinese manufacturers may hinder the industry in North America over the forecast period. Growing application areas, such as the use of portable air conditioning systems in tents for outdoor activities is expected to be an opportunity for industry participants over the next six years.
The report “North America Air Conditioning Systems Market Analysis By Product (Portable, Window, Split, Single Packaged, Chillers, Airside), By Application (Residential, Commercial, Industrial) And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/north-america-air-conditioning-systems-market.
Request Free Sample of This Report @ http://www.grandviewresearch.com/industry-analysis/north-america-air-conditioning-systems-market/request.
Further key findings from the study suggest:
For the purpose of this study, Grand View Research has segmented the North America air conditioning systems market on the basis of product, application and region:
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The global embedded systems market is expected to reach USD 214.39 billion by 2020, according to a new study by Grand View Research, Inc. Favorable regulatory scenario for installation of smart devices such as smart meters is expected to drive global embedded system demand over the forecast period. Growing adoption and evolution of the Internet of Things (IoT) driven by technological advancement is also expected to fuel the industry over the next six years. Increasing demand for end-use industries such as healthcare and consumer electronics is expected to positively impact the embedded systems market.
Global Injection Molded Plastics Market (Polypropylene, ABS, HDPE, Polystyrene) By Application (Packaging, Consumables and Electronics, Automotive, Building and Construction) Expected to Reach USD 277.78 Billion by 2020: Grand View Research, Inc (http://www.grandviewresearch.com/industry-analysis/injection-molded-plastics-market)
The global market for injection molded plastics is expected to reach USD 277.78 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for plastic as a packaging material coupled with the growing packaging industry in Asia is expected to be a key factor driving market demand over the next six years. In addition, the growing need for weight reduction in automobiles is also expected to augment the demand for plastics as a substitute to metal which in turn is expected to increase the demand for injection molded ABS and polypropylene.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
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