Dallas, Texas (PRWEB) June 25, 2014
The Air Conditioning market in the US is increasingly adopting green technology and using renewable energy sources to create energy-efficient and eco-friendly air conditioning systems. The US government is adopting several green initiatives and promoting the use of renewable energy sources to increase the adoption of clean energy. 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 air conditioning systems that are compatible with eco-friendly refrigerants. Further, companies are manufacturing air conditioning systems to meet/exceed the guidelines set by the ENERGY STAR program and EnergyGuide labels.
According to the “Air Conditioning Market in the US 2014-2018” report, the high demand from the Residential segment is one of the major drivers in the Air Conditioning market in the US. After the global economic recession in 2008-2009, construction activities in the US significantly increased. Construction spending grew by about 6 percent in 2012-2013.
This report covers the present scenario and the growth prospects of the Air Conditioning market in the US for the period 2014-2018.
The Air Conditioning market in the US can be segmented into four product segmentations: Ducted Splits, Rooftops, AHU, Windows, and Others. These are sets of methodologies and technologies that transform unstructured and structured data into meaningful and useful information processes.
The Air Conditioning Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the Air Conditioning market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Air Conditioning Market in the US: Carrier Corp., Daikin Industries Ltd., Ingersoll-Rand plc, Johnson Controls Inc., Lennox International Inc. , LG Electronics Inc., Airwell Group, Dwyer Instruments Inc., ETA General Private Ltd., GD Midea Holding Co. Ltd., Gree Electric Appliances Inc., Haier Inc., LG Electronics Inc., Mitsubishi Electric Corp., NORDYNE Inc., Nortek Inc., Paloma Industries Inc., Panasonic Corp., Raheem Manufacturing Co., Samsung Electronics Co. Ltd., Siemens AG, Toshiba Corp. ,Voltas Ltd., Whirlpool Corp., Zhu Hai Gree Corp.
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Key Market Driver
- High Demand from the Residential Sector
Key Market Challenge
- Need to Comply with Stringent Governmental Regulations
Key Market Trend
- Increased Use of Green Technology and Renewable Energy Sources
Further, the report states that the need to comply with stringent government regulations is one of the major challenges in the Air Conditioning market in the US. With a shift toward energy-efficient air conditioning systems, vendors in the market need to comply with government regulations and standards.
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?
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