North America air conditioner Market Size, Share, Industry Report, 2020

Published: Oct, 2015 | Pages: 94 | Publisher: Radiant Insights Inc.
Industry: Equipment | Report Format: Electronic (PDF)

The Report Contains North America Air Conditioner Market Size By Product (Portable, Window, Split, Single packaged, Chillers, Airside), By Application (Residential, Commercial, Industrial) Competitive Analysis & Forecast, 2012 - 2020 Industry Overview North America air conditioner market size is expected to reach USD 52.56 billion by 2020, growing at a CAGR of 9.0% from 2014 to 2020. Increasing awareness among customers regarding energy optimization is expected to drive the market growth over next six years. In established market such as North America, energy efficiency is the primary concern. Thus, stringent government regulations are practiced for decreasing energy consumption. Usage of energy efficient air conditioners is expected to increase owing to declining energy consumption rate. The increasing gap between energy supply and demand compelling the government to take rigorous initiatives for the adoption of rated electrical appliances. Air conditioning systems with energy star ratings are anticipated to consume less electricity and lessen carbon footprint, thus consumers are now shifting towards energy efficient models. Increasing construction sanctions of infrastructure such as malls, industrial facilities and corporate offices is likely to elevate the North America air conditioner market. Construction of commercial infrastructures namely warehouse facilities and hotels are expected to rise by 8% over the forecast period from 2014 to 2020. Technological advancements in air conditioning systems such as inverter based system and one using natural refrigerants are expected to surge the demand. In addition, NPOs (non-profit organizations), media, public forum and government are taking several measures to create awareness among consumers regarding environmental issues; thus, encouraging people to adopt eco-friendly equipment. Competition from Chinese manufacturers such as Midea, Haier, and Gree is expected to concern the local manufacturers, resulting in reduction of profits. Moreover, stringent norms over energy efficiency are expected to accentuate research and development costs for development of energy efficient products. However, focus of industry participants on customer service is expected to serve as potential opportunity owing to customer satisfaction and thus help in earning profits and maintain market share.

U.S. air conditioning systems market, by product, 2012-2020 (Thousand units)

Product overview Split air conditioner was a foremost segment and it accounted for over USD 19,684.6 million in 2014. It expected to grow at a CAGR of over 10.6%. Airside air conditioning systems were the second leading product in the segment and it accounted for over USD 4,739.8 million in 2014. It is expected to grow at a CAGR of over 7.5% from 2014 to 2020, owing to demand for high efficient models. Application overview Residential application dominated the North America air conditioner market, with revenue of over USD 11.8 billion in 2014 and is estimated to grow at a CAGR of over 9.2%. Commercial segment accounted for second leading segment and was valued over USD 10,459.3 million and is estimated to grow at a CAGR of over 9.6% from 2014 to 2020 owing to increasing consumerism and comfortable shopping experience Regional overview U.S. dominated North America air conditioner market demand with valuation of over USD 26,401.1 million in 2014 and is anticipated to grow at a CAGR of over 8.8% from 2014 to 2020, owing to its large supplies to Mexico. Canada was the second largest regional industry valued for USD 3,654.3 million and is anticipated to grow at a CAGR of over 9.7% to 2020. Competitive market share The North America air conditioner market share is literally consolidated, with the top five companies accounting for majority of the total demand in 2013. Carrier accounted for 17% of the total North America air conditioning systems market. It mainly focused on improving distribution channel. Followed by, Daikin accounted for 15%; it followed a strategy of providing customizable designs and numerous colours. Trane was ranked third in the market, followed by JCI and Lennox.

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 Table of Contents

Chapter 1 Executive Summary
1.1 Air Conditioning Systems - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Air Conditioning Systems Industry Overview
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Air Conditioning Systems Value Chain Analysis
2.3.1 Key Driver Analysis
2.3.1.1 Growing energy efficiency initiatives
2.3.1.2 Growth in the construction industry
2.3.1.3 Technological innovation
2.3.2 Key Restraint Analysis
2.3.2.1 Lower profit margins
2.4 Air Conditioning Systems Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Air Conditioning Systems - Company Market Share Analysis, 2013
2.8 Air Conditioning Systems - PESTEL Analysis

Chapter 3 North America Air Conditioning Systems Product Overview
3.1 Portable Air Conditioning Systems
3.1.1 North America portable air conditioning systems demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020
3.2 Window Air Conditioning Systems
3.2.1 North America window air conditioning systems demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 – 2020
3.3 Split Air Conditioning Systems
3.3.1 North America split air conditioning systems demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020
3.4 Single Packaged Air Conditioning Systems
3.4.1 North America single packaged air conditioning systems demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020
3.5 Chillers
3.5.1 North America chillers demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020
3.6 Airside
3.6.1 North America airside systems demand, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020

Chapter 4 North America Air Conditioning Systems Application Overview
4.1 Residential
4.1.1 North America air conditioning systems demand in residential application, (Volume & Revenue), (Thousand Units) (USD Million), 2012 – 2020
4.2 Commercial
4.2.1 North America air conditioning systems demand in commercial application, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020
4.3 Industrial
4.3.1 North America air conditioning systems demand in industrial application, (Volume & Revenue), (Thousand Units) (USD Million), 2012 - 2020

Chapter 5 North America Air Conditioning Systems Regional Overview
5.1 U.S.
5.1.1 U.S. air conditioning systems market by product, (Thousand Units) (USD Million), 2012 - 2020
5.1.2 U.S. air conditioning systems market by application, (Thousand Units) (USD Million), 2012 - 2020
5.2 Canada
5.2.1 Canada air conditioning systems market by product, (Thousand Units) (USD Million), 2012 - 2020
5.2.2 Canada air conditioning systems market by application, (Thousand Units) (USD Million), 2012 - 2020
5.3 Mexico
5.3.1 Mexico air conditioning systems market by product, (Thousand Units) (USD Million), 2012 - 2020
5.3.2 Mexico air conditioning systems market by application, (Thousand Units) (USD Million), 2012 - 2020

Chapter 6 Competitive Landscape
6.1 Revenue Analysis
6.2 Product Benchmarking
6.3 Strategic Development

Chapter 7 Methodology and Scope
7.1 Research Methodology
7.2 Research Scope & Assumption
7.3 List of Data Sources
Companies analyzed in Chapter 6
1.	Arcelik
2.	BSH Group
3.	Carrier Corporation
4.	Daikin Industries Ltd.
5.	Electrolux
6.	Haier Group
7.	Hitachi Air Conditioning
8.	Ingersoll Rand
9.	LG 
10.	Mitsubishi Electric
11.	Whirlpool Corporation

List of Tables

1.	Air Conditioning Systems – Industry Summary & Critical Success Factors (CSFs)
2.	North America air conditioning systems market (Volume & Revenue), 2012 - 2020
3.	North America air conditioning systems market by region (Volume & Revenue), 2012 – 2020
4.	North America air conditioning systems market by product (Volume & Revenue), 2012 – 2020
5.	North America air conditioning systems market by application (Volume & Revenue), 2012 – 2020
6.	North America portable air conditioning systems demand, (Volume & Revenue), 2012 – 2020
7.	North America portable air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
8.	North America portable air conditioning systems demand, by region, (USD Million), 2012 - 2020
9.	North America window air conditioning systems demand, (Volume & Revenue), 2012 – 2020
10.	North America window air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
11.	North America window air conditioning systems demand, by region, (USD Million), 2012 - 2020
12.	North America split air conditioning systems demand, (Volume & Revenue), 2012 – 2020
13.	North America split air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
14.	North America split air conditioning systems demand, (USD Million), 2012 - 2020
15.	North America single packaged air conditioning systems demand, (Volume & Revenue), 2012 – 2020
16.	North America single packaged air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
17.	North America single packaged air conditioning systems demand, by region, (USD Million), 2012 - 2020
18.	North America chillers demand, (Volume & Revenue), 2012 – 2020
19.	North America chillers demand, by region, (Thousand Units), 2012 - 2020
20.	North America chillers demand, by region, (USD Million), 2012 - 2020
21.	North America airside conditioning systems demand, (Volume & Revenue), 2012 – 2020
22.	North America airside conditioning systems demand, by region, (Thousand Units), 2012 - 2020
23.	North America airside conditioning systems demand, by region, (USD Million), 2012 - 2020
24.	North America air conditioning systems demand in residential applications, (Volume & Revenue), 2012 – 2020
25.	North America air conditioning systems demand in residential applications, by region, (Thousand Units), 2012 - 2020
26.	North America air conditioning systems demand in residential applications, by region, (USD Million), 2012 - 2020
27.	North America air conditioning systems demand in commercial applications, (Volume & Revenue), 2012 – 2020
28.	North America air conditioning systems demand in commercial applications, by region, (Thousand Units), 2012 - 2020
29.	North America air conditioning systems demand in commercial applications, by region, (USD Million), 2012 - 2020
30.	North America air conditioning systems demand in industrial applications, (Volume & Revenue), 2012 – 2020
31.	North America air conditioning systems demand in industrial applications, by region, (Thousand Units), 2012 - 2020
32.	North America air conditioning systems demand in industrial applications, by region, (USD Million), 2012 - 2020
33.	U.S. air conditioning systems market by product (Thousand Units), 2012 – 2020
34.	U.S. air conditioning systems market by product (USD Million), 2012 – 2020
35.	U.S. air conditioning systems market by application (Thousand Units), 2012 – 2020
36.	U.S. air conditioning systems market by application (USD Million), 2012 – 2020
37.	Canada air conditioning systems market by product (Thousand Units), 2012 – 2020
38.	Canada air conditioning systems market by product (USD Million), 2012 – 2020
39.	Canada air conditioning systems market by application (Thousand Units), 2012 – 2020
40.	Canada air conditioning systems market by application (USD Million), 2012 – 2020
41.	Mexico air conditioning systems market by product (Thousand Units), 2012 – 2020
42.	Mexico air conditioning systems market by product (USD Million), 2012 – 2020
43.	Mexico air conditioning systems market by application (Thousand Units), 2012 – 2020
44.	Mexico air conditioning systems market by application (USD Million), 2012 – 2020