What Is The Projected Market Size And Growth Rate Of The Air Conditioning Systems Market?
According to TMR, the global air conditioning systems market is expected to reach US$160.3 bn by 2027. In terms of type of air conditioning systems, split AC segment is expected to grow with a higher CAGR in coming years. In terms of region, the Middle East and Africa is witnessing the fastest growth rate. In 2018 , Asia Pacific was valued to be the largest market and is expected to maintain its dominance in coming years. In terms of application, commercial segment accounted for largest and fastest growing category as a result of its usage in hotels, hospitals, clinics, and similar other areas. In terms of volume however, the residential application segment LED in the past. Residential segment is also anticipated to witness the fastest growth rate during the forecast period. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=436 The...