DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/87v8q9/global) has announced the addition of the "Global Residential Air Conditioners Market 2015-2019" report to their offering.
The analysts forecast the global residential air conditioner market to grow at a CAGR of 12.01% during 2014-2019.
The report includes the present scenario and the growth prospects of the global residential air conditioner market for 2015-2019. Based on the product type, the market can be segmented into split, single-packaged, windows, and portable. The report includes a discussion of the key vendors operating in this market.
Currently, design trends in heating and cooling systems are shifting from variable air volume systems to decoupled systems. The variable air volume systems provide ventilation, heating, and cooling functions. The decoupled systems work by separating the ventilated air from the cooling and heating functions. The cost savings generated by decoupled systems also result in energy savings. The heating and cooling requirements are met through water-based systems as water can transfer energy more efficiently than air. This reduces the energy required to deliver the heating and cooling functions significantly. Hence, the use of decoupled systems should facilitate market growth.
According to the report, populations in India and China have registered growth in disposable incomes. In addition, consumers in Brazil and Poland have registered gains in disposable incomes. Since APAC is the largest market for residential air conditioners and is expected to witness the fastest growth in the global market during the forecast period, growing disposable incomes should boost the market during the forecast period.
Further, the report states that fluctuations in the prices of raw materials changes the manufacturing costs and affects the profit margins of the vendors.
The main components of the air conditioner are:
- Compressor
- Condenser
- Metering device
- Cooling coil
- Air handling unit
- Duct system
Key vendors:
- Daikin
- Haier
- Hitachi
- LG
- Mitsubishi Electric
Other prominent vendors:
- Aux Air Conditioner
- Carrier
- Electrolux
- Panasonic
- Toshiba
- Whirlpool
For more information visit http://www.researchandmarkets.com/research/87v8q9/global
