- The key vendors in the Global Central Air Conditioning Systems Market 2014-2018 are Carrier Corp., Daikin Industries Ltd., Gree Electric Appliances Inc. and Ingersoll-Rand plc.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Central Air Conditioning Systems Market 2014-2018. One of the major trends in the market is the development of the inverter-based AC, which consumes less power than a conventional AC; it is estimated to consume 40-50 percent less energy than a conventional one. The inverter in the AC controls the speed of the compressor motor, enabling it to consume less energy. The Global Central Air Conditioning Systems market is expected to grow at a CAGR of 8.18 percent during the period 2014-2018.
The Global Central Air Conditioning Systems market is witnessing an increase in the installation of central air conditioning systems in residential buildings, offices, shopping malls, restaurants, airports, and production facilities, which has contributed to the increased growth of the overall market.
“The Global Central Air Conditioning Systems market is increasingly adopting green technology and using renewable energy sources to create energy-efficient and eco-friendly air conditioning systems,” says Faisal Ghaus, Vice President of TechNavio Research.
“Several countries worldwide are adopting green initiatives and using renewable energy sources to promote clean energy, which has led to the development of hybrid systems and non-polluting refrigerants.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
