Dallas, Texas (PRWEB) July 07, 2014
The Global Split AC market is increasingly adopting green technology and using renewable energy sources to create energy efficient, eco-friendly ACs. Many countries such as Saudi Arabia, the UAE, and the US are adopting green initiatives to promote the usage of renewable energy sources. Moreover, the advent of hybrid systems and non-polluting refrigerants has led to the provision and adoption of green technology by vendors and end-users, respectively. In addition, vendors are developing innovative ACs that are compatible with eco-friendly refrigerants. Further, companies are manufacturing ACs to meet/exceed the guidelines set by the ENERGY STAR program and EnergyGuide labels. This trend could have a medium-term impact on the growth of the market over the next few years.
Analysts forecast the Global Split AC market will grow at a CAGR of 8.93 percent over the period 2013-2018. According to the report, one of the most important drivers in this market is the increase in construction activities. The market has been witnessing an increase in the global sales of homes and new buildings, leading to an increase in construction activities. The increase in construction activities directly influences the sales of air conditioning systems and is expected to drive the growth of the market over the next few years.
This report covers the present scenario and the growth prospects of the Global Split AC market during the period 2014-2018. To calculate the market size, the report takes into account the revenue generated from the following product segments:
- Unducted Standard Split ACs
- Ducted Standard Split ACs
- VRF ACs
- US Ducted Split ACs
Global Split AC Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Split AC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The report recognizes the following companies as the key players in Global Split AC Market: Carrier Corp., Daikin Industries Ltd., Gree Electric Appliance Inc. of Zhuhai, Ingersoll-Rand plc, Johnson Controls Inc., LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., AirwellGroup, Dwyer Instruments Inc., Haier Consumer Electronics Group Co. Ltd., Lennox International Inc., Samsung Electronics Co. Ltd., Siemens AG, Toshiba Corp., Voltas Ltd., Whirlpool Corp.
Key Market Driver
- Increase in Construction Activities.
Key Market Challenge
- Capital-intensive Market.
Key Market Trend
- Global Shift to Green Technology and Renewable Energy Sources.
Further, the report states that one of the key challenges in this market is the capital-intensive nature of the market. Moreover, the global economic downturn has made it difficult for vendors to invest heavily in the market.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Major Points from Table of Contents:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Global Air Conditioning Market Overview
06.2 Global Split AC Market Overview
06.3 Global Split AC Market
06.3.1 Market Size and Forecast by Revenue
06.3.2 Market Size and Forecast by Volume
06.4 Five Forces Analysis
07. Market Segmentation by Product
08. Geographical Segmentation: Market Size and Forecast by Revenue, Market Size and Forecast by Volume
08.1 Global Split AC Market by Geographical Segmentation
08.2 Split AC Market in the APAC Region
08.3 Split AC Market in the Americas
08.4 Split AC Market in the EMEA Region
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.2 Industry Association
16.3 Industry News
16.3.1 Key News
16.3.2 Mergers and Acquisitions
16.4 Market Share Analysis 2013
16.5 Other Prominent Vendors
17. Key Vendor Analysis
18. Other Prominent Vendors
19. Other Reports in this Series
46 - List of Exhibits
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