Asia Pacific Air Conditioning Systems Market Report

Asia Pacific Air Conditioning Systems Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

  • Published Date: ---
  • Base Year for Estimate: ---
  • Report ID: 811
  • Format: Electronic (PDF)
  • Historical Data: ---
  • Number of Pages: 0

Continuous growth due to commercial and residential construction activities in India and China along with rising consumer spending on luxury goods is expected to drive the APAC air conditioning systems market. In addition, low ownership rate and rising disposable income in Asia Pacific is expected to favorably impact market growth. The residential sector accounted for a considerable percentage of the APAC air conditioning systems market due to increased demand from India and China. Strong competition from Chinese manufacturers that provide products at lower prices as compared to global well-established brands is expected to support sales gains. In addition, high installation base in developed markets of Western Europe and the U.S. is expected to generate growth opportunities in the relatively under-penetrated Asia Pacific market.

The commercial segment in Asia Pacific is expected to exhibit high growth owing to growing infrastructure spending, as well as demand for educational buildings, retail stores and healthcare. Governments have initiated a green building trend, which is expected to enhance environmental consciousness among consumers. Japanese market participants are investing in green lighting, BAS and HVAC systems due their ability to reduce carbon footprint and energy costs.

Greater product availability coupled with expansion in electrification has spurred demand for air conditioning systems in Asian countries. The market in South Korea, Japan and Australia is saturated due to the highly developed nature of equipment. As a result, growth is primarily dependant on replacement activities, building construction levels and weather patterns. Key participants in the APAC air conditioning systems market include Sharp Corporation, Hitachi Ltd., Carrier, Panasonic, LG Electronics, Electrolux AB, Samsung Electronics, Haier Electronics Group Co., Ltd., Mitsubishi Corporation and Daikin Industries Ltd. Companies operating in the market strive for vertical integration, since establishing presence across the value chain offers better control on cost as well as low volatility of margins. Presently, manufacturers have increasingly shifted focus towards raw materials that do not have adverse impact on the environment, such as the use of natural refrigerants such as ammonia and CO2 to manufacture energy efficient products.

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified