North America Air Conditioning Systems Market Analysis By Product (Portable, Window, Split, Single Packaged, Chillers, Airside), By Application (Residential, Commercial, Industrial) And Segment Forecasts To 2020

Published: May, 2014 | Pages: 94 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

The North America air conditioning systems market is expected to reach USD 52.56 billion by 2020. Increasing construction expenditure is expected to drive the market across residential, commercial and industrial sectors. Additionally, favorable regulatory initiatives for energy efficiency are also expected to fuel market growth over the next six years.

Technological advancement has bolstered product development and innovation. High degree of competition from other regional markets, coupled with lower prices of products offered by Chinese manufacturers may hinder the industry in North America over the forecast period. Growing application areas, such as the use of portable air conditioning systems in tents for outdoor activities is expected to be an opportunity for industry participants over the next six years.

Further key findings from the study suggest:

Split air conditioning systems accounted for over 60% of the overall market revenue in 2013. They offer a high degree of flexibility and are relatively cost effective to install. In addition, split air conditioners offer a large amount of control to the user, since each conditioner functions as a separate unit. Portable air conditioners are expected to witness the fastest growth over the forecast period, mainly due to the high level of convenience they provide.
Residential application accounted for over 40% of the market in 2013, and is further expected to remain the largest segment through the forecast period. Commercial applications such as the tourism and construction industries are expected to grow faster than the global average over the next six years.
The U.S. contributed to over 83% of the revenue generation in North America in 2013, and is expected to continue dominating the market over the forecast period. This can be attributed to energy efficiency guidelines set by the US Environmental Protection Agency (EPA). Mexico is expected to be the fastest growing regional market, at an estimated CAGR of 10.3% from 2014 to 2020.
Key industry participants employ strategies such as mergers, acquisitions and strategic collaborations to gain market share. Daikin Industries Ltd., Ingersoll-Rand, Carrier Corporation, Hitachi, Johnson Controls, Mitsubishi, etc. are among the companies operating in the market.
For the purpose of this study, Grand View Research has segmented the North America air conditioning systems market on the basis of product, application and region:

Air Conditioning Systems Product Outlook (Volume, Thousand Units and Revenue, USD Million; 2012 - 2020)
Portable Air Conditioning Systems
Window Air Conditioning Systems
Split Air Conditioning Systems
Single Packaged Air Conditioning Systems
Chillers
Airside Conditioning Systems
Air Conditioning Systems Application Outlook (Volume, Thousand Units and Revenue, USD Million; 2012 - 2020)
Residential
Commercial
Industrial
Air Conditioning Systems Regional Outlook (Volume, Thousand Units and Revenue, USD Million; 2012 - 2020)
U.S.
Canada
Mexico

 Table of Contents


Chapter 1 Executive Summary

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

Chapter 2 Air Conditioning Systems Industry Outlook

                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 Outlook

                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 Outlook

                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 Outlook

                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 Arcelik

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 BSH Group

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 Carrier Corporation

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 Daikin Industries Ltd.

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5 Electrolux

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 Haier Group

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Hitachi Air Conditioning

                   6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Ingersoll Rand

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

                6.9 LG

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 Mitsubishi Electric

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

                6.11 Whirlpool Corporation

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

Chapter 7 Methodology and Scope

                7.1 Research Methodology

                7.2 Research Scope & Assumption

                7.3 List of Data Sources


List of Tables


Air Conditioning Systems - Industry Summary & Critical Success Factors (CSFs)
North America air conditioning systems market (Volume & Revenue), 2012 - 2020
North America air conditioning systems market by region (Volume & Revenue), 2012 - 2020
North America air conditioning systems market by product (Volume & Revenue), 2012 - 2020
North America air conditioning systems market by application (Volume & Revenue), 2012 - 2020
North America portable air conditioning systems demand, (Volume & Revenue), 2012 - 2020
North America portable air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
North America portable air conditioning systems demand, by region, 2012 - 2020 (USD Million)
North America window air conditioning systems demand, (Volume & Revenue), 2012 - 2020
North America window air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
North America window air conditioning systems demand, by region, 2012 - 2020 (USD Million)
North America split air conditioning systems demand, (Volume & Revenue), 2012 - 2020
North America split air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
North America split air conditioning systems demand, 2012 - 2020 (USD Million)
North America single packaged air conditioning systems demand, (Volume & Revenue), 2012 - 2020
North America single packaged air conditioning systems demand, by region, (Thousand Units), 2012 - 2020
North America single packaged air conditioning systems demand, by region, 2012 - 2020 (USD Million)
North America chillers demand, (Volume & Revenue), 2012 - 2020
North America chillers demand, by region, (Thousand Units), 2012 - 2020
North America chillers demand, by region, 2012 - 2020 (USD Million)
North America airside conditioning systems demand, (Volume & Revenue), 2012 - 2020
North America airside conditioning systems demand, by region, (Thousand Units), 2012 - 2020
North America airside conditioning systems demand, by region, 2012 - 2020 (USD Million)
North America air conditioning systems demand in residential applications, (Volume & Revenue), 2012 - 2020
North America air conditioning systems demand in residential applications, by region, (Thousand Units), 2012 - 2020
North America air conditioning systems demand in residential applications, by region, 2012 - 2020 (USD Million)
North America air conditioning systems demand in commercial applications, (Volume & Revenue), 2012 - 2020
North America air conditioning systems demand in commercial applications, by region, (Thousand Units), 2012 - 2020
North America air conditioning systems demand in commercial applications, by region, 2012 - 2020 (USD Million)
North America air conditioning systems demand in industrial applications, (Volume & Revenue), 2012 - 2020
North America air conditioning systems demand in industrial applications, by region, (Thousand Units), 2012 - 2020
North America air conditioning systems demand in industrial applications, by region, 2012 - 2020 (USD Million)
U.S. air conditioning systems market by product (Thousand Units), 2012 - 2020
U.S. air conditioning systems market by product 2012 - 2020 (USD Million)
U.S. air conditioning systems market by application (Thousand Units), 2012 - 2020
U.S. air conditioning systems market by application 2012 - 2020 (USD Million)
Canada air conditioning systems market by product (Thousand Units), 2012 - 2020
Canada air conditioning systems market by product 2012 - 2020 (USD Million)
Canada air conditioning systems market by application (Thousand Units), 2012 - 2020
Canada air conditioning systems market by application 2012 - 2020 (USD Million)
Mexico air conditioning systems market by product (Thousand Units), 2012 - 2020
Mexico air conditioning systems market by product 2012 - 2020 (USD Million)
Mexico air conditioning systems market by application (Thousand Units), 2012 - 2020
Mexico air conditioning systems market by application 2012 - 2020 (USD Million)

List of Figures

Air Conditioning Systems Market Segmentation
North America Air Conditioning Systems market (Volume & Revenue), 2012 - 2020
Air Conditioning Systems value chain analysis
Air Conditioning Systems market dynamics
Air Conditioning Systems - Company market share analysis, 2013
Key Opportunities Prioritized
Industry Analysis - Porter's
Air Conditioning Systems PESTEL Analysis, 2013
Air Conditioning Systems market share by product, 2013 & 2020
North America portable air conditioning systems demand (Volume & Revenue), 2012- 2020
North America window air conditioning systems demand (Volume & Revenue), 2012- 2020
North America split air conditioning systems demand (Volume & Revenue), 2012- 2020
North America single packaged air conditioning systems demand (Volume & Revenue), 2012- 2020
North America chillers demand (Volume & Revenue), 2012- 2020
North America airside conditioning systems demand (Volume & Revenue), 2012- 2020
Air Conditioning Systems market share by application, 2013 & 2020
North America air conditioning systems demand in residential application (Volume & Revenue), 2012- 2020
North America air conditioning systems demand in commercial application (Volume & Revenue), 2012- 2020
North America air conditioning systems demand in industrial application (Volume & Revenue), 2012- 2020
Air Conditioning Systems market share by region, 2013 & 2020
U.S. air conditioning systems market, by product (Volume & Revenue), 2012- 2020
U.S. air conditioning systems market, by application (Volume & Revenue), 2012- 2020
Canada air conditioning systems market, by product (Volume & Revenue), 2012- 2020
Canada air conditioning systems market, by application (Volume & Revenue), 2012- 2020
Mexico air conditioning systems market, by product (Volume & Revenue), 2012- 2020
Mexico air conditioning systems market, by application (Volume & Revenue), 2012- 2020