Industry Experts - Market Research Reports, Industry Analysis, Custom Research

A new report by Industry Experts, Inc., on " European Central Air Conditioning Systems Market ", is unveiled. The study reveals that between 2024 and 2030, unit shipments of Central Air Conditioning Systems by European producers are projected to grow at a CAGR of 2.4%, reaching 3.3 million units by 2030.  In terms of value, the European market for Central Air Conditioning Systems is anticipated to reach US$10.2 billion by 2030, growing at a CAGR of 3.8%. The European Central Air Conditioning Systems production experienced a notable decline in 2020, due to the COVID-19 pandemic, which disrupted new construction and renovation activities across Europe. The industry rebounded sharply in 2021, driven by a recovery in commercial and residential construction and government-backed renovation initiatives. By 2024, European unit shipments of Central Air Conditioning Systems by domestic producers reached an estimated 2.85 million units, up from 2.7 million units in 2020, ...

The new report from Industry Experts, Inc., on " US Central Air Conditioning (CAC) Systems Market ", reveals that the U.S. unit shipments of CAC systems are projected to grow from 7.8 million units in 2024 to 11 million units by 2030, registering a compound annual growth rate (CAGR) of 6% during this period. The shipment value is expected to increase at a CAGR of 7.2%, reaching $27.6 billion by 2030. The U.S. Central Air Conditioning (CAC) Systems manufacturing industry demonstrated remarkable resilience during the COVID-19 pandemic in 2020, achieving an 8.4% year-over-year growth in production to reach 7.8 million units. Demand for CAC systems continued to climb in 2021 and 2022, driven by the recovery of both residential and commercial construction and government-led renovation initiatives. The sharp rise in interest rates, beginning in mid-2022, dampened housing demand, reducing the need for CAC systems. In 2023, the demand softened due to economic uncertaint...

Industry Experts released the 2017 version of its United States market report on Central Air Conditioning entitled ‘ Central Air Conditioning Systems – A US Market Overview ’. The new report also discussed the energy efficiency standards and key markets trends of the US CAC market alongside the market estimates and forecasts. Shipments of unitary central air conditioning or direct expansion (DX) central air conditioning systems showed a promising growth during past few years, with a CAGR of nearly 7% during 2012 to 2016 period. Further, this segment is estimated to grow with a projected CAGR of 6.7% between 2017 and 2021, mainly attributed to the anticipated growth in the new residential construction activity and strong growth in demand for replacements. On the other side, shipments of the central plant air conditioning systems have performed poorly and expected to show moderate growth during the analysis period. The slowdown in new non-residential construction is blamed for restric...