Air Conditioners Market Global Forecast Report by Countries covered in Commercial Air Conditioners Market (PAC, VRF) Room Air Conditioners Market (Window-Type, Split-Type) Types (Split Type (Single), Split Type (Multi), PAC, VRF, Others) Countries and Company Analysis, 2024-2032
Buy NowAir Conditioners Market Analysis
Global Air Conditioners Market was US$ 148.57 Billion in 2023 and will grow US$ 257.20 Billion by 2032, with a CAGR of 6.29 % from 2024 to 2032. The demand for air conditioners has increased due to growing humidity, temperatures, and air pollution, especially in urban areas. The expansion of the air conditioner market can be attributed to several environmental variables.
Air Conditioners Market Overview
Commonly referred to as AC, A/C, or air con, air conditioning entails removing heat and moisture from a confined space while creating a comfortable atmosphere for people. It's also utilized to maintain a regulated temperature in areas that house electronic devices. All industries and verticals have expressed a longer need for ACs. Manufacturers of air conditioners are being compelled by strict government regulations on refrigerants to create more environmentally and energy-friendly devices.
The improved economic climate, rising per capita income, and rising pollution levels will likely cause the global air conditioning market to develop significantly in the future years. Innovations in technology observed in developing nations are also propelling the global air conditioning industry. The environment and the people who live there are being harmed by the increasing levels of air pollution. Fatigue and headaches are becoming more widespread due to pollution, which is a common indication of poor air quality. This is driving the global market for air conditioners even further. However, the expansion of this industry may be hampered by the high cost of air conditioning systems. The challenge for air conditioning manufacturing businesses will be to make air conditioning systems more affordable and efficient than before, as air cooling has become more of a need, needs, and wants aside.
| Report Features | Details |
|
Base Year |
2023 |
|
Forecast Years |
2024 - 2032 |
|
Historical Years |
2019 - 2023 |
|
Market Size in 2023 |
US$ 148.57 Billion |
|
Market Forecast in 2032 |
US$ 257.20 Billion |
|
Market Growth Rate (2024-2032) |
6.29% |
Growth Factors in the Air Conditioners Industry
Fast Urbanization and Infrastructure Development
Rapid urbanization, mainly in developing countries, is contributing considerably to the increase in the demand for air conditioners. As cities grow larger, new modern houses and office buildings are erected and people require energy-efficient HVAC (heating, ventilation, and air conditioning) systems. The huge multi-story buildings and smart city complexes often include air conditioning as a standard feature. Besides, an increased desire to live better among the middle-class consumers in all urban houses has led to the increase of air conditioners. The growth of this infrastructure, combined with technological innovations in cool solutions, drives the market.
Technological Advancements and Energy Efficiency
Improvements in air condition technologies, like inverter-based systems, smart controls, and eco-friendly refrigerants, transform the market. Consumers prefer energy-efficient models that lower power bills and are in harmony with the environmental policies. Smart air conditioners, with IoT integration, have made it easy to operate and monitor energy consumption from remote locations, thus offering convenience, sustainability, and lowered power costs. Government incentives and policies supporting green technology have increased the adoption of these advanced air conditioners. These technological advancements cater not only to the eco-conscious purchaser but also to the ailing performance of air conditioners in general, which fuels steady growth in this market.
Increasing Temperatures Worldwide
The market is seeing a rise in demand for air conditioners due to rising worldwide temperatures. People are looking for efficient solutions to cool their homes, workplaces, and public areas as heatwaves become more common and harsh. The market has produced energy-efficient solutions and cutting-edge technologies in response to this need.
To lessen the negative effects of air conditioning on the environment, manufacturers are concentrating on creating sustainable and environmentally friendly cooling systems. Due to their ability to lower electricity usage and mitigate climate change, energy-efficient models are becoming more and more popular.
The market for air conditioners is also expanding due to growing economies and urbanization trends, especially in areas where population growth and industrialization are happening quickly. The government's campaigns to increase energy efficiency and educate consumers about the value of cooling solutions also help to drive the market for air conditioners.
Population and income increase will accelerate market expansion.
The population expansion that is predicted to have a positive effect on residential and commercial building is also expected to lead to an increase in demand for the air conditioning market, according to market dynamics. For example, the growing population in the Gulf countries is anticipated to have a significant effect on construction expenditures in those regions. The population of the Region is expected to rise from 350 million to over 600 million by 2050. This is expected to help communities by encouraging expansion in building-related activities and infrastructure, especially in housing, healthcare, and educational facilities.
Moreover, air conditioners and electric fans account for around 20% of the electricity used in buildings globally today. Globally, the need for space cooling is driving up emissions and severely taxing the electrical grid. Without considerable government intervention, there is little doubt that the amount of energy required to provide space cooling will increase significantly over the next few decades.
United States Air Conditioner Market
The United States is a dominant market for air conditioners in North America, induced by the ever-increasing demand for cooling solutions in both residential and commercial spaces. Extreme climatic conditions, especially recurrently occurring heatwaves, have made air conditioners a necessity than luxury, especially in states like Texas, Arizona, and Florida. The growing demand for smart homes in which the air conditioning system is merged with IoT further accelerates the market. An increase in the demand for energy-efficient units because of increased electricity rates also contributes to making the U.S. a huge potential holder in the North American air conditioner market.
Germany Air Conditioner Market
Germany leads the market within Europe and the need for comfort indoors is on an increase, mainly in offices, commercial buildings, and apartments. As summers are becoming warmer and temperatures are on the rise in the continent, air conditioning is becoming a common phenomenon in new buildings as well as those being upgraded. Energy-efficient cooling systems and eco-friendly refrigerants are being sought by German consumers more than ever due to this country's stringent environmental regulations. Thus, the market is witnessing strong demand for advanced, low-energy solutions, thereby making Germany one of the key market players in Europe.
India Air Conditioner Market
India is witnessing a rapid growth in the market of air conditioner, mainly driven by the middle class, increasing disposable income, and urbanization. The demand for air conditioners also lies in large metropolitan areas, where extreme heat during summer months creates a demand for effective cooling solutions. Increased awareness regarding energy-efficient and affordable models has also encouraged consumption of air conditioning systems. The growing real estate market and commercial infrastructure in India will give the air conditioner market a boost in the future years, mainly in tier 2 and tier 3 cities.
United Arab Emirates Air Conditioner Market
The United Arab Emirates is in fact one of the biggest air conditioner markets in the Middle East, with its tough climate and hot temperatures for most of the year. Air conditioning is a dire necessity in any residence, commercial place, and public sectors in the UAE, mainly during summer. The construction boom, characterized by large-scale developments such as residential complexes, malls, and offices, drives market growth. In addition, more focus on energy and environmental-friendly solutions in the UAE makes smart air conditioning systems the great contributor to the air conditioner market in the region.
Brazil Air Conditioner Market
Brazil is currently the prime market for air conditioners in South America owing to the hot climate prevailing in the country and due to the fast-growing middle class. As urbanization increases, more Brazilians are making an investment in air conditioning for homes and offices in relation to the high temperatures of the country, especially in regions such as the Northeast. This demand is further bolstered by economic growth and an aspiration towards better living standards. The interest for energy-efficient as well as IoT-enabled smart air conditioners is also growing in Brazil with smart homes on the rise. This trend, along with expanding the construction industry, is creating a smooth growth curve for the air conditioner industry.
Saudi Arabia Air Conditioner Market
The air conditioner market in Saudi Arabia is expanding at a steady rate due to factors such as; rising temperatures, increase in the number of people moving to urban areas and relatively higher disposable income. The circumstances are that it becomes extremely hot in the summer and thus the need for air conditioning particularly for residential, commercial and industrial use. The increased pace of constructing buildings in cities and more so growth of infrastructural building projects like new homes, offices and shopping malls fuels the market even more. Also, the Saudi Arabian government has launched its Vision 2030 which has a plan for investing in infrastructure and smart technologies and hence promotes the use of efficient and innovative air conditioning systems. This coupled with the fact that consumer’s tastes and preferences have changed over the years and are now looking for eco-friendly and Monetary models, has seen the demand for energy-efficient models arise. Technological changes also affect the efficiency of the market such as smart Air conditioners that offer IoT to improve on the controls of homes. With the growth and development of the country the air conditioner market in Saudi Arabia will also grow in response to demands for efficient cooling solutions. February 2023, Zamil Air Conditioners Company and Samsung Electronics have agreed to cooperate in order to increase the level of local content production of air conditioners based on the VRF technology. The issue is to increase the effectiveness of cooperation in manufacturing in the framework of the partnership.
Air Conditioners Market News
In February 2023, Godrej Appliances used innovative anti-leak technology to develop the first split air conditioner that was leak-proof in India. This strategic application of anti-leak technology demonstrates the company's commitment to enhancing user experience and developing an unrivaled value proposition in the air conditioning sector.
In January 2022, At the 2022 AHR show in Las Vegas, LG Electronics USA unveiled a wide range of ventilation, heating, and air conditioning systems for use in light commercial, residential, and industrial applications.
Global Air Conditioner (AC)– Market breakup in 2 viewpoints:
- Commercial Air Conditioners Market
- Room Air Conditioners Market
Country – Market breakup in 2 viewpoints:
- Commercial Air Conditioners Market
- PAC
- VRF
- Room Air Conditioners Market
- Window-Type
- Split-Type
- United States
- Canada
- Russia
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherlands
- Turkey
- China
- Vietnam
- Philippines
- India
- Australia
- Thailand
- Malaysia
- Indonesia
- New Zealand
- Brazil
- Mexico
- South Africa
- Saudia Arabia
- United Arab Emirates
- Rest of the World
Type – Market breakup in 5 viewpoints:
- Split Type (Single)
- Split Type (Multi)
- PAC
- VRF
- Others
All the Key players have been covered from 5 Viewpoints:
- Overviews
- Key Person
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Company Analysis:
- Daikin Industries
- Carrier
- Electrolux
- Emerson Electric Company
- Hitachi-Johnson Controls Air Conditioning Inc.
- Trane Technologies plc
- Mitsubishi Heavy Industries Ltd
- Ingersoll-Rand plc.
Report Details:
| Report Features | Details |
| Base Year |
2023 |
| Historical Period |
2019 - 2023 |
| Forecast Period |
2024 - 2032 |
| Market |
US$ Billion |
| Segment Covered |
Segments, and Countries |
| Countries Covered |
|
| Companies Covered |
|
| Customization Scope |
20% Free Customization |
| Post-Sale Analyst Support |
1 Year (52 Weeks) |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
Key Questions Answered in This Report:
- How big is the Air Conditioners industry?
- What is the Air Conditioners industry growth rate?
- Who are the key players in Air Conditioners industry?
- What are the factors driving the Air Conditioners industry?
- Which Region held the largest market share in the Air Conditioners industry?
- What segments are covered in the Air Conditioners Market report?
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1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Air Conditioner (AC) Market & Volume
5.1 Market
5.1.1 Commercial Air Conditioners Market
5.1.2 Room Air Conditioners Market
5.2 Volume
5.2.1 Commercial Air Conditioners Volume
5.2.2 Room Air Conditioners Volume
6. Market & Volume Share – Global Air Conditioner (AC)
6.1 Market Share – Segments
6.2 Market Share – By Country
6.3 Volume Share – By Country
7. North America – Air Conditioner (AC) Market & Volume
7.1 United States
7.1.1 Commercial Air Conditioners Market
7.1.1.1 PAC
7.1.1.2 VRF
7.1.2 Commercial Air Conditioners Volume
7.1.2.1 PAC
7.1.2.2 VRF
7.1.3 Room Air Conditioners Market
7.1.3.1 Window-Type
7.1.3.2 Split-Type
7.1.4 Room Air Conditioners Volume
7.1.4.1 Window-Type
7.1.4.2 Split-Type
7.2 Canada
7.2.1 Commercial Air Conditioners Market
7.2.1.1 PAC
7.2.1.2 VRF
7.2.2 Commercial Air Conditioners Volume
7.2.2.1 PAC
7.2.2.2 VRF
7.2.3 Room Air Conditioners Market
7.2.3.1 Window-Type
7.2.3.2 Split-Type
7.2.4 Room Air Conditioners Volume
7.2.4.1 Window-Type
7.2.4.2 Split-Type
8. Europe – Air Conditioner (AC) Market & Volume
8.1 Russia
8.1.1 Commercial Air Conditioners Market
8.1.1.1 PAC
8.1.1.2 VRF
8.1.2 Commercial Air Conditioners Volume
8.1.2.1 PAC
8.1.2.2 VRF
8.1.3 Room Air Conditioners Market
8.1.3.1 Window-Type
8.1.3.2 Split-Type
8.1.4 Room Air Conditioners Volume
8.1.4.1 Window-Type
8.1.4.2 Split-Type
8.2 France
8.2.1 Commercial Air Conditioners Market
8.2.1.1 PAC
8.2.1.2 VRF
8.2.2 Commercial Air Conditioners Volume
8.2.2.1 PAC
8.2.2.2 VRF
8.2.3 Room Air Conditioners Market
8.2.3.1 Window-Type
8.2.3.2 Split-Type
8.2.4 Room Air Conditioners Volume
8.2.4.1 Window-Type
8.2.4.2 Split-Type
8.3 Germany
8.3.1 Commercial Air Conditioners Market
8.3.1.1 PAC
8.3.1.2 VRF
8.3.2 Commercial Air Conditioners Volume
8.3.2.1 PAC
8.3.2.2 VRF
8.3.3 Room Air Conditioners Market
8.3.3.1 Window-Type
8.3.3.2 Split-Type
8.3.4 Room Air Conditioners Volume
8.3.4.1 Window-Type
8.3.4.2 Split-Type
8.4 Italy
8.4.1 Commercial Air Conditioners Market
8.4.1.1 PAC
8.4.1.2 VRF
8.4.2 Commercial Air Conditioners Volume
8.4.2.1 PAC
8.4.2.2 VRF
8.4.3 Room Air Conditioners Market
8.4.3.1 Window-Type
8.4.3.2 Split-Type
8.4.4 Room Air Conditioners Volume
8.4.4.1 Window-Type
8.4.4.2 Split-Type
8.5 Spain
8.5.1 Commercial Air Conditioners Market
8.5.1.1 PAC
8.5.1.2 VRF
8.5.2 Commercial Air Conditioners Volume
8.5.2.1 PAC
8.5.2.2 VRF
8.5.3 Room Air Conditioners Market
8.5.3.1 Window-Type
8.5.3.2 Split-Type
8.5.4 Room Air Conditioners Volume
8.5.4.1 Window-Type
8.5.4.2 Split-Type
8.6 United Kingdom
8.6.1 Commercial Air Conditioners Market
8.6.1.1 PAC
8.6.1.2 VRF
8.6.2 Commercial Air Conditioners Volume
8.6.2.1 PAC
8.6.2.2 VRF
8.6.3 Room Air Conditioners Market
8.6.3.1 Window-Type
8.6.3.2 Split-Type
8.6.4 Room Air Conditioners Volume
8.6.4.1 Window-Type
8.6.4.2 Split-Type
8.7 Belgium
8.7.1 Commercial Air Conditioners Market
8.7.1.1 PAC
8.7.1.2 VRF
8.7.2 Commercial Air Conditioners Volume
8.7.2.1 PAC
8.7.2.2 VRF
8.7.3 Room Air Conditioners Market
8.7.3.1 Window-Type
8.7.3.2 Split-Type
8.7.4 Room Air Conditioners Volume
8.7.4.1 Window-Type
8.7.4.2 Split-Type
8.8 Netherlands
8.8.1 Commercial Air Conditioners Market
8.8.1.1 PAC
8.8.1.2 VRF
8.8.2 Commercial Air Conditioners Volume
8.8.2.1 PAC
8.8.2.2 VRF
8.8.3 Room Air Conditioners Market
8.8.3.1 Window-Type
8.8.3.2 Split-Type
8.8.4 Room Air Conditioners Volume
8.8.4.1 Window-Type
8.8.4.2 Split-Type
8.9 Turkey
8.9.1 Commercial Air Conditioners Market
8.9.1.1 PAC
8.9.1.2 VRF
8.9.2 Commercial Air Conditioners Volume
8.9.2.1 PAC
8.9.2.2 VRF
8.9.3 Room Air Conditioners Market
8.9.3.1 Window-Type
8.9.3.2 Split-Type
8.9.4 Room Air Conditioners Volume
8.9.4.1 Window-Type
8.9.4.2 Split-Type
9. Asia – Air Conditioner (AC) Market & Volume
9.1 China
9.1.1 Commercial Air Conditioners Market
9.1.1.1 PAC
9.1.1.2 VRF
9.1.2 Commercial Air Conditioners Volume
9.1.2.1 PAC
9.1.2.2 VRF
9.1.3 Room Air Conditioners Market
9.1.3.1 Window-Type
9.1.3.2 Split-Type
9.1.4 Room Air Conditioners Volume
9.1.4.1 Window-Type
9.1.4.2 Split-Type
9.2 Vietnam
9.2.1 Commercial Air Conditioners Market
9.2.1.1 PAC
9.2.1.2 VRF
9.2.2 Commercial Air Conditioners Volume
9.2.2.1 PAC
9.2.2.2 VRF
9.2.3 Room Air Conditioners Market
9.2.3.1 Window-Type
9.2.3.2 Split-Type
9.2.4 Room Air Conditioners Volume
9.2.4.1 Window-Type
9.2.4.2 Split-Type
9.3 Philippines
9.3.1 Commercial Air Conditioners Market
9.3.1.1 PAC
9.3.1.2 VRF
9.3.2 Commercial Air Conditioners Volume
9.3.2.1 PAC
9.3.2.2 VRF
9.3.3 Room Air Conditioners Market
9.3.3.1 Window-Type
9.3.3.2 Split-Type
9.3.4 Room Air Conditioners Volume
9.3.4.1 Window-Type
9.3.4.2 Split-Type
9.4 India
9.4.1 Commercial Air Conditioners Market
9.4.1.1 PAC
9.4.1.2 VRF
9.4.2 Commercial Air Conditioners Volume
9.4.2.1 PAC
9.4.2.2 VRF
9.4.3 Room Air Conditioners Market
9.4.3.1 Window-Type
9.4.3.2 Split-Type
9.4.4 Room Air Conditioners Volume
9.4.4.1 Window-Type
9.4.4.2 Split-Type
9.5 Australia
9.5.1 Commercial Air Conditioners Market
9.5.1.1 PAC
9.5.1.2 VRF
9.5.2 Commercial Air Conditioners Volume
9.5.2.1 PAC
9.5.2.2 VRF
9.5.3 Room Air Conditioners Market
9.5.3.1 Window-Type
9.5.3.2 Split-Type
9.5.4 Room Air Conditioners Volume
9.5.4.1 Window-Type
9.5.4.2 Split-Type
9.6 Thailand
9.6.1 Commercial Air Conditioners Market
9.6.1.1 PAC
9.6.1.2 VRF
9.6.2 Commercial Air Conditioners Volume
9.6.2.1 PAC
9.6.2.2 VRF
9.6.3 Room Air Conditioners Market
9.6.3.1 Window-Type
9.6.3.2 Split-Type
9.6.4 Room Air Conditioners Volume
9.6.4.1 Window-Type
9.6.4.2 Split-Type
9.7 Malaysia
9.7.1 Commercial Air Conditioners Market
9.7.1.1 PAC
9.7.1.2 VRF
9.7.2 Commercial Air Conditioners Volume
9.7.2.1 PAC
9.7.2.2 VRF
9.7.3 Room Air Conditioners Market
9.7.3.1 Window-Type
9.7.3.2 Split-Type
9.7.4 Room Air Conditioners Volume
9.7.4.1 Window-Type
9.7.4.2 Split-Type
9.8 Indonesia
9.8.1 Commercial Air Conditioners Market
9.8.1.1 PAC
9.8.1.2 VRF
9.8.2 Commercial Air Conditioners Volume
9.8.2.1 PAC
9.8.2.2 VRF
9.8.3 Room Air Conditioners Market
9.8.3.1 Window-Type
9.8.3.2 Split-Type
9.8.4 Room Air Conditioners Volume
9.8.4.1 Window-Type
9.8.4.2 Split-Type
9.9 New Zealand
9.9.1 Commercial Air Conditioners Market
9.9.1.1 PAC
9.9.1.2 VRF
9.9.2 Commercial Air Conditioners Volume
9.9.2.1 PAC
9.9.2.2 VRF
9.9.3 Room Air Conditioners Market
9.9.3.1 Window-Type
9.9.3.2 Split-Type
9.9.4 Room Air Conditioners Volume
9.9.4.1 Window-Type
9.9.4.2 Split-Type
10. Latin America - Air Conditioner (AC) Market & Volume
10.1 Brazil
10.1.1 Commercial Air Conditioners Market
10.1.1.1 PAC
10.1.1.2 VRF
10.1.2 Commercial Air Conditioners Volume
10.1.2.1 PAC
10.1.2.2 VRF
10.1.3 Room Air Conditioners Market
10.1.3.1 Window-Type
10.1.3.2 Split-Type
10.1.4 Room Air Conditioners Volume
10.1.4.1 Window-Type
10.1.4.2 Split-Type
10.2 Mexico
10.2.1 Commercial Air Conditioners Market
10.2.1.1 PAC
10.2.1.2 VRF
10.2.2 Commercial Air Conditioners Volume
10.2.2.1 PAC
10.2.2.2 VRF
10.2.3 Room Air Conditioners Market
10.2.3.1 Window-Type
10.2.3.2 Split-Type
10.2.4 Room Air Conditioners Volume
10.2.4.1 Window-Type
10.2.4.2 Split-Type
11. Middle East & Africa - Air Conditioner (AC) Market & Volume
11.1 South Africa
11.1.1 Commercial Air Conditioners Market
11.1.1.1 PAC
11.1.1.2 VRF
11.1.2 Commercial Air Conditioners Volume
11.1.2.1 PAC
11.1.2.2 VRF
11.1.3 Room Air Conditioners Market
11.1.3.1 Window-Type
11.1.3.2 Split-Type
11.1.4 Room Air Conditioners Volume
11.1.4.1 Window-Type
11.1.4.2 Split-Type
11.2 Saudi Arabia
11.2.1 Commercial Air Conditioners Market
11.2.1.1 PAC
11.2.1.2 VRF
11.2.2 Commercial Air Conditioners Volume
11.2.2.1 PAC
11.2.2.2 VRF
11.2.3 Room Air Conditioners Market
11.2.3.1 Window-Type
11.2.3.2 Split-Type
11.2.4 Room Air Conditioners Volume
11.2.4.1 Window-Type
11.2.4.2 Split-Type
11.3 United Arab Emirates
11.3.1 Commercial Air Conditioners Market
11.3.1.1 PAC
11.3.1.2 VRF
11.3.2 Commercial Air Conditioners Volume
11.3.2.1 PAC
11.3.2.2 VRF
11.3.3 Room Air Conditioners Market
11.3.3.1 Window-Type
11.3.3.2 Split-Type
11.3.4 Room Air Conditioners Volume
11.3.4.1 Window-Type
11.3.4.2 Split-Type
11.4 Rest of World
11.4.1 Market
11.4.2 Volume
12. Types
12.1 Split Type (Single)
12.2 Split Type (Multi)
12.3 PAC
12.4 VRF
12.5 Others
13. Porter’s Five Forces
13.1 Bargaining Power of Buyer
13.2 Bargaining Power of Supplier
13.3 Threat of New Entrants
13.4 Rivalry among Existing Competitors
13.5 Threat of Substitute Products
14. SWOT Analysis
14.1 Strengths
14.2 Weaknesses
14.3 Opportunities
14.4 Threats
15. Key Plays Analysis
15.1 Daikin Industries
15.1.1 Overviews
15.1.2 Key Person
15.1.3 Recent Developments
15.1.4 Product Portfolio & Product Launch in Last 1 Year
15.1.5 Revenue
15.2 Carrier
15.2.1 Overviews
15.2.2 Key Person
15.2.3 Recent Developments
15.2.4 Product Portfolio & Product Launch in Last 1 Year
15.2.5 Revenue
15.3 Electrolux
15.3.1 Overviews
15.3.2 Key Person
15.3.3 Recent Developments
15.3.4 Product Portfolio & Product Launch in Last 1 Year
15.3.5 Revenue
15.4 Emerson Electric Company
15.4.1 Overviews
15.4.2 Key Person
15.4.3 Recent Developments
15.4.4 Product Portfolio & Product Launch in Last 1 Year
15.4.5 Revenue
15.5 Hitachi-Johnson Controls Air Conditioning Inc.
15.5.1 Overviews
15.5.2 Key Person
15.5.3 Recent Developments
15.5.4 Product Portfolio & Product Launch in Last 1 Year
15.5.5 Revenue
15.6 Trane Technologies plc
15.6.1 Overviews
15.6.2 Key Person
15.6.3 Recent Developments
15.6.4 Product Portfolio & Product Launch in Last 1 Year
15.6.5 Revenue
15.7 Mitsubishi Heavy Industries Ltd
15.7.1 Overviews
15.7.2 Key Person
15.7.3 Recent Developments
15.7.4 Product Portfolio & Product Launch in Last 1 Year
15.7.5 Revenue
15.8 Ingersoll-Rand plc.
15.8.1 Overviews
15.8.2 Key Person
15.8.3 Recent Developments
15.8.4 Product Portfolio & Product Launch in Last 1 Year
15.8.5 Revenue
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