Some
of the factors responsible for growth of commercial air conditioning
systems market are climate variations (rise in global temperature and
temperature extremities) and rising acceptance of variable
refrigerant flow (VRF) air conditioning systems in North America.
Improvements in air conditioning technology and rising demand for
energy efficient models in developed region of North America are
further supporting the market growth.
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the full U.S. Commercial Air Conditioning Systems (VRF) Market report
at
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U.S.
commercial air conditioning systems market was valued at USD 7,251.7
million in 2012. The market revenue is anticipated to grow at a CAGR
of 5.2% from 2013 to 2019 recording corresponding volume CAGR of 1.9%
for the same period. The market is segmented by products into split
systems, single packaged systems, window systems, portable systems
and other systems. Among these product types, split systems and
single packaged systems are emerging as promising segments, with both
collectively accounted for approximately 77.4% of market revenue
share in 2012. The main reason contributing to growth of split
systems is the rising usage of non-ducted systems owing to their
flexibility, easy installation and energy efficiency provided by
them.
Commercial
air conditioning systems find their application in private, public
and industrial sectors. Among these sectors highest revenue share,
amounting to 48.8%, was contributed by the private sector in 2012
owing to an increased private spending on improvements of ‘building
and energy systems’ and new constructions. Amongst the
refrigeration technologies which include VRF and others, VRF
technology is being preferred for buildings with varied cooling
requirements, due to its reliability, safety, flexibility and
comfort. As a result, VRF systems are expected to record faster
growth as compared to other systems. The demand for VRF systems is
further affecting the demand for indoor and outdoor units, largely
determined by size of the plant/space requiring air conditioning.
However, with outdoor units subjected to high loads and frequent
maintenance, they are expected to see faster revenue and volume
growth. Outdoor units accounted for less than a third of VRF air
conditioning systems market volume in 2012.
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The
U.S. commercial air conditioning systems market was dominated by
players such as Mitsubishi Electric Corporation, Fujitsu General Pty
Ltd., and United Technologies Corporation (Carrier Corporation).
These three companies collectively contributed to more than 50% of
the market share in 2012.
This
report analyzes the U.S. commercial air conditioning systems market
in terms of revenue (USD million) and volume (million units). The
market has been segmented as follows:
Browse
Press Release Commercial Air Conditioning Systems (VRF)
Markethttp://www.transparencymarketresearch.com/pressrelease/commercial-air-conditioning-systems-market.htm
U.S.
Commercial Air Conditioning Systems Market, By Product
Split
Systems
- Ducted
- Non-ducted
Single
packaged systems
Window
systems
Portable
systems
Others
U.S.
Commercial Air Conditioning Systems Market, By Applications
- Private
- Public
- Industrial
U.S.
Commercial Air Conditioning Systems Market, By Refrigeration
Technology
VRF
(variable refrigerant flow)
By
application
- Private
- Public
- Industrial
By
Components
- Indoor units
- Outdoor units
Others
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Electronics Research Reports
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