London, 26 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Non-residential Air Conditioners Market in Europe 2015-2019, which is expected to grow at a CAGR of 4.69 percent during the period 2015-2019.
“Adoption of green technology by vendors and end-users is being witnessed in the introduction of hybrid systems and non-polluting refrigerants,” says Faisal Ghaus, Vice President of TechNavio.
“Vendors are developing innovative chiller systems that are compatible with eco-friendly refrigerants. Companies are manufacturing air conditioners to meet/exceed guidelines set by the ENERGY STAR program and the Energy Guide labels.”
Key Market Drivers
- Increase in Construction Activities
- Need for Increased Productivity
- Increased Concern over Energy Efficiency
- Increased Demand for Scroll Chillers
Key Market Trends
- Eurozone Recovery
- Adoption of Green Technology
- Market Consolidation
- Development of Inverter-based Air Conditioners
Key Market Vendors
- Blue Star Ltd.
- Carrier Corp.
- Daikin Industries Ltd.
- Danfoss A/S
To define the market circumstances 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%…
