Le Lézard
Classified in: Science and technology
Subject: MRR

Air Conditioner Market Size to Reach USD 187.62 Billion in 2028, Says Reports and Data


Rising demand for energy-efficient air conditioners and steady expansion of the e-Commerce sector in developing countries are key factors driving market revenue growth

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- The global air conditioner market size is expected to reach USD 187.62 billion in 2028 and register a revenue CAGR of 5.5% during the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by rising demand for energy-efficient air conditioners. Governments of various countries are implementing higher efficiency standards for cooling, which is resulting in rising sales of energy-efficient air conditioners. This is also expected to reduce emissions. In addition, availability of cleaner power sources can radically reduce overall emissions. Governments are also taking initiatives to increase public awareness in different regions regarding the environmental impact of air conditioners. Expansion of the e-Commerce sector, especially in developing countries, is expected to boost market revenue growth during the forecast period. Availability of favorable discounts and a wide range of products on e-Commerce portals and advantage of easy price comparison of air conditioners are factors augmenting sales through online channels.

Reports and Data Logo

Furthermore, increasing adoption of smart homes and appliances is boosting demand for smart air conditioners. These units can be operated and monitored through a smartphone, which makes operation more efficient and convenient. Smart air conditioners are integrated with smart sensors and can be used with wearable devices, and are designed to detect human activity and temperature during sleep to determine sleeping rates. These units can also adjust sleeping functions flexibly. Sleeping functions optimized by smart air conditioners with wearable devices can reduce energy consumption. Moreover, benefits of error diagnosis, preventive maintenance, and reduced carbon footprint offered by smart air conditioners are expected to augment sales during the forecast period.

Download Report Sample PDF - https://www.reportsanddata.com/sample-enquiry-form/4611 

Some Key Highlights From the Report

To Identify The Key Trends In The Industry, Research Study At https://www.reportsanddata.com/report-detail/air-conditioner-market

For the purpose of this report, Reports and Data has segmented global air conditioner market based on product type, distribution channel, end-use, and region:

Inquiry Before Buying Research Report - https://www.reportsanddata.com/inquiry-before-buying/4611

Explore Featured Blogs by Reports and Data:

About Reports and Data

Reports And Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

Read Latest Press Release @ https://www.reportsanddata.com/press-release/global-air-conditioner-market

Logo: https://mma.prnewswire.com/media/1579615/Reports_and_Data_Logo.jpg


These press releases may also interest you

at 06:12
MOBIA, a leader in providing Systems Integration and Technical Program Services for Service Providers and Enterprises, welcomes Jim Cannon, Vice President, US Operations as the newest member of the leadership team. He will be charged with growing...

at 06:10
Tmrw, a new and scalable Learning Operating System (LearnOS) for global education with a mission to help bring a quality education to every child, was launched today. Its Integrated Platform is built to be accessible and affordable for...

at 06:05
Saranas, Inc., has announced initiation and first patient enrollment in SAFE-MCS, a multi-center, single arm, open-label clinical trial evaluating the safety of complex high-risk percutaneous coronary intervention (PCI) using mechanical circulatory...

at 06:05
In the Experian ninth annual Data Breach Industry Forecast, five predictions for 2022 underscore the ongoing impact of the pandemic on cybersecurity. Cybercriminals will continue to exploit vulnerabilities within remote working and the vaccine...

at 06:05
Lyn Health, a pioneering healthcare start-up focused on people with multiple chronic conditions, comes out of stealth today with funding from Summer VC. Currently, more than 34 million Americans meet the clinical definition of polychronic, growing...

at 06:05
StrikeReady, a cloud-based security operations and management company, announced today that it was named a 2021 'ASTORS' Homeland Security Award for Best Threat Intelligence Solution by American Security Today. "We are honored to be recognized in...



News published on 21 october 2021 at 09:30 and distributed by: