The increasing average temperature to Foster the Growth of Global Smart Air Conditioning Market

Published: Oct 2021

The global smart air conditioning market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period (2021-2027). The rising average temperature is one of the prime factors affecting and driving the demand of smart air conditioning market. As per 2020, Annual Climate Report of National Oceanic and Atmospheric Administration, the temperature of land and ocean has increased with an average rate of around 0.13 degrees Fahrenheit (0.08 degrees Celsius) per decade when compared since 1880. Moreover, one of the main causes of increasing temperature is due to rising greenhouse gas emissions that is through various activities performed by human. This, in turn, is boosting the adoption of smart air conditioners for getting more cooling temperature along with more convenience and comfort.    

Browse the full report description of "Global Smart Air Conditioning Market Research By Type (Split Air Conditioner, Window Air Conditioner, Packaged Air Conditioner and Central Air Conditioning System), and By End-User (Residential, Commercial and Other) Forecast Period 2021-2027" at https://www.omrglobal.com/industry-reports/smart-air-conditioning-market

To gain on the opportunity key players operating in the global smart air conditioning market had been adopting strategy such as new launches to achieve major market share. For instance, in September 2020, Ambi Labs had introduced its new smart air conditioning controller that is named as Ambi Climate Mini. Through this new product the user can control air conditioner with the support of voice assistants that includes google along with Alexa. 

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Type

o By End-User

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

  • Competitive Landscape- Daikin Industries, Ltd., Johnson Controls–Hitachi Air Conditioning, LG Electronics, Panasonic Corp., and Samsung

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How are players addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global Smart Air Conditioning Market - Segmentation

By Type

    • Split Air Conditioner

    • Window Air Conditioner

    • Packaged Air Conditioner

    • Central Air Conditioning System

By End-User 

    • Residential

    • Commercial

    • Other

Global Smart Air Conditioning Market by Region 

North America

    • United States

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

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