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Commercial Air Conditioning System Market By Type (VRF, Ducted Split/Packaged Unit, Split Units, Room ACs, Others), By Installation Type, By End - User: Global Opportunity Analysis and Industry Forecast, 2022-2031

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Commercial Air Conditioning System Market-IMG1

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KSM 23.09.27

According to a new report published by Allied Market Research, titled, "Commercial Air Conditioning System Market," The commercial air conditioning system market was valued at $38.3 billion in 2021, and is estimated to reach $57.9 billion by 2031, growing at a CAGR of 4.5% from 2022 to 2031.

Commercial Air Conditioning System Market - IMG1

A large-scale HVAC (heating, ventilation, and air conditioning) system created for use in commercial or industrial buildings including offices, malls, hospitals, hotels, and factories is referred to as a commercial air conditioning system. These systems are specifically designed to meet the cooling and heating requirements of larger spaces and are more robust and powerful compared to residential air conditioning systems. It functions by pulling heated air from the building, chilling, and dehumidifying it, and then cycling it back into the interior area.

The reducing energy use is the main goal for many building administrators and owners because commercial buildings contribute to a sizeable amount of the world's energy usage. Energy-efficient air conditioning systems provide a solution to lower energy use while keeping the interior environment at a reasonable temperature. Additionally, a lot of companies are seeking methods to lessen their carbon footprint as environmental awareness of the effects of carbon emissions on the environment continues to rise. By using less energy to cool buildings, energy-efficient air conditioning systems may contribute to lowering carbon emissions. The commercial air conditioning industry is seeing an increase in demand for these systems. The increasing focus on energy efficiency and sustainable solutions is driving the demand for energy-efficient air conditioning systems in the commercial air conditioning market.

The space limitations in commercial buildings can be a real challenge for businesses that require efficient air conditioning systems. The installation of smaller air conditioning units that fit in the given area is a space restriction. While smaller units might not perform as well in terms of cooling or heating as bigger units, they can nevertheless be useful in preserving cozy indoor temperatures. When it comes to commercial air conditioning systems, there are numerous solutions to the space issue. Businesses may maintain acceptable inside temperatures while making the best use of their available space by adopting smaller units, ductless systems, rooftop units, and smart controls.

The demand for commercial air conditioning systems rises in connection with the expansion of industries and the worldwide economy. Air conditioning is a necessary component of contemporary commercial building infrastructure, especially in metropolitan regions. As more companies and industries embrace these systems, the market for commercial air conditioning systems is expected to grow. The benefits of air conditioning systems, such as improved indoor air quality, enhanced productivity, and energy efficiency, are becoming more widely known, which contributes to this expansion. In addition, advancements in technology are making commercial air conditioning systems more energy-efficient and cost-effective, which is driving their adoption in new and existing buildings.

The COVID-19 pandemic brought several uncertainties leading to severe economic losses as various businesses across the world were on a standstill. There were import-export restrictions laid down on major commercial air conditioning system producing countries such as the U.S. and China, which imposed significant challenges on the market. Due to a slowdown in development and remodeling projects as well as the pandemic-related closure of several commercial buildings and offices, the demand for commercial air conditioning systems has decreased. As an outcome, fewer new systems were installed. Additionally, the availability of parts and supplies for air conditioning systems has been impacted by supply chain interruptions brought on by lockdowns and limitations on international trade faced during the pandemic.

The key players profiled in this report include: Carrier.; DAIKIN INDUSTRIES, Ltd; FUJITSU GENERAL; Haier Inc; Hitachi, Ltd.; LG Electronics.; Mitsubishi Electric Corporation; Panasonic Corporation; SAMSUNG; and AIREDALE INTERNATIONAL AIR CONDITIONING LTD.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the commercial air conditioning system market analysis from 2021 to 2031 to identify the prevailing commercial air conditioning system market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the commercial air conditioning system market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global commercial air conditioning system market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Installation Type

  • New Installation
  • Retrofit

By End- User

  • Office and Buildings
  • Hospitality
  • Supermarkets/Hypermarkets
  • Transportation
  • Government
  • Healthcare
  • Others

By Type

  • VRF
  • Ducted Split/Packaged Unit
  • Split Units
  • Room ACs
  • Others (Chillers)

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Rest of LAMEA

Key Market Players:

    • Carrier
    • Daikin Industries, Ltd.
    • fujitsu general
    • Haier Inc.
    • Hitachi, Ltd.
    • LG Electronics
    • Mitsubishi Electric Corporation
    • Panasonic Corporation
    • Voltas, Inc.
    • Blue Star Limited

TABLE OF CONTENTS

CHAPTER 1: INTRODUCTION

  • 1.1. Report description
  • 1.2. Key market segments
  • 1.3. Key benefits to the stakeholders
  • 1.4. Research Methodology
    • 1.4.1. Primary research
    • 1.4.2. Secondary research
    • 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

  • 2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

  • 3.1. Market definition and scope
  • 3.2. Key findings
    • 3.2.1. Top impacting factors
    • 3.2.2. Top investment pockets
  • 3.3. Porter's five forces analysis
  • 3.4. Market dynamics
    • 3.4.1. Drivers
    • 3.4.2. Restraints
    • 3.4.3. Opportunities
  • 3.5. COVID-19 Impact Analysis on the market
  • 3.6. Brand Share Analysis
  • 3.7. Key Regulation Analysis
  • 3.8. Market Share Analysis
  • 3.9. Patent Landscape
  • 3.10. Pricing Analysis
  • 3.11. Regulatory Guidelines
  • 3.12. Value Chain Analysis

CHAPTER 4: COMMERCIAL AIR CONDITIONING SYSTEM MARKET, BY TYPE

  • 4.1. Overview
    • 4.1.1. Market size and forecast
  • 4.2. VRF
    • 4.2.1. Key market trends, growth factors and opportunities
    • 4.2.2. Market size and forecast, by region
    • 4.2.3. Market share analysis by country
  • 4.3. Ducted Split/Packaged Unit
    • 4.3.1. Key market trends, growth factors and opportunities
    • 4.3.2. Market size and forecast, by region
    • 4.3.3. Market share analysis by country
  • 4.4. Split Units
    • 4.4.1. Key market trends, growth factors and opportunities
    • 4.4.2. Market size and forecast, by region
    • 4.4.3. Market share analysis by country
  • 4.5. Room ACs
    • 4.5.1. Key market trends, growth factors and opportunities
    • 4.5.2. Market size and forecast, by region
    • 4.5.3. Market share analysis by country
  • 4.6. Others (Chillers)
    • 4.6.1. Key market trends, growth factors and opportunities
    • 4.6.2. Market size and forecast, by region
    • 4.6.3. Market share analysis by country

CHAPTER 5: COMMERCIAL AIR CONDITIONING SYSTEM MARKET, BY INSTALLATION TYPE

  • 5.1. Overview
    • 5.1.1. Market size and forecast
  • 5.2. New Installation
    • 5.2.1. Key market trends, growth factors and opportunities
    • 5.2.2. Market size and forecast, by region
    • 5.2.3. Market share analysis by country
  • 5.3. Retrofit
    • 5.3.1. Key market trends, growth factors and opportunities
    • 5.3.2. Market size and forecast, by region
    • 5.3.3. Market share analysis by country

CHAPTER 6: COMMERCIAL AIR CONDITIONING SYSTEM MARKET, BY END- USER

  • 6.1. Overview
    • 6.1.1. Market size and forecast
  • 6.2. Office and Buildings
    • 6.2.1. Key market trends, growth factors and opportunities
    • 6.2.2. Market size and forecast, by region
    • 6.2.3. Market share analysis by country
  • 6.3. Hospitality
    • 6.3.1. Key market trends, growth factors and opportunities
    • 6.3.2. Market size and forecast, by region
    • 6.3.3. Market share analysis by country
  • 6.4. Supermarkets/Hypermarkets
    • 6.4.1. Key market trends, growth factors and opportunities
    • 6.4.2. Market size and forecast, by region
    • 6.4.3. Market share analysis by country
  • 6.5. Transportation
    • 6.5.1. Key market trends, growth factors and opportunities
    • 6.5.2. Market size and forecast, by region
    • 6.5.3. Market share analysis by country
  • 6.6. Government
    • 6.6.1. Key market trends, growth factors and opportunities
    • 6.6.2. Market size and forecast, by region
    • 6.6.3. Market share analysis by country
  • 6.7. Healthcare
    • 6.7.1. Key market trends, growth factors and opportunities
    • 6.7.2. Market size and forecast, by region
    • 6.7.3. Market share analysis by country
  • 6.8. Others
    • 6.8.1. Key market trends, growth factors and opportunities
    • 6.8.2. Market size and forecast, by region
    • 6.8.3. Market share analysis by country

CHAPTER 7: COMMERCIAL AIR CONDITIONING SYSTEM MARKET, BY REGION

  • 7.1. Overview
    • 7.1.1. Market size and forecast By Region
  • 7.2. North America
    • 7.2.1. Key trends and opportunities
    • 7.2.2. Market size and forecast, by Type
    • 7.2.3. Market size and forecast, by Installation Type
    • 7.2.4. Market size and forecast, by End- User
    • 7.2.5. Market size and forecast, by country
      • 7.2.5.1. U.S.
      • 7.2.5.1.1. Key market trends, growth factors and opportunities
      • 7.2.5.1.2. Market size and forecast, by Type
      • 7.2.5.1.3. Market size and forecast, by Installation Type
      • 7.2.5.1.4. Market size and forecast, by End- User
      • 7.2.5.2. Canada
      • 7.2.5.2.1. Key market trends, growth factors and opportunities
      • 7.2.5.2.2. Market size and forecast, by Type
      • 7.2.5.2.3. Market size and forecast, by Installation Type
      • 7.2.5.2.4. Market size and forecast, by End- User
      • 7.2.5.3. Mexico
      • 7.2.5.3.1. Key market trends, growth factors and opportunities
      • 7.2.5.3.2. Market size and forecast, by Type
      • 7.2.5.3.3. Market size and forecast, by Installation Type
      • 7.2.5.3.4. Market size and forecast, by End- User
  • 7.3. Europe
    • 7.3.1. Key trends and opportunities
    • 7.3.2. Market size and forecast, by Type
    • 7.3.3. Market size and forecast, by Installation Type
    • 7.3.4. Market size and forecast, by End- User
    • 7.3.5. Market size and forecast, by country
      • 7.3.5.1. Germany
      • 7.3.5.1.1. Key market trends, growth factors and opportunities
      • 7.3.5.1.2. Market size and forecast, by Type
      • 7.3.5.1.3. Market size and forecast, by Installation Type
      • 7.3.5.1.4. Market size and forecast, by End- User
      • 7.3.5.2. UK
      • 7.3.5.2.1. Key market trends, growth factors and opportunities
      • 7.3.5.2.2. Market size and forecast, by Type
      • 7.3.5.2.3. Market size and forecast, by Installation Type
      • 7.3.5.2.4. Market size and forecast, by End- User
      • 7.3.5.3. France
      • 7.3.5.3.1. Key market trends, growth factors and opportunities
      • 7.3.5.3.2. Market size and forecast, by Type
      • 7.3.5.3.3. Market size and forecast, by Installation Type
      • 7.3.5.3.4. Market size and forecast, by End- User
      • 7.3.5.4. Spain
      • 7.3.5.4.1. Key market trends, growth factors and opportunities
      • 7.3.5.4.2. Market size and forecast, by Type
      • 7.3.5.4.3. Market size and forecast, by Installation Type
      • 7.3.5.4.4. Market size and forecast, by End- User
      • 7.3.5.5. Italy
      • 7.3.5.5.1. Key market trends, growth factors and opportunities
      • 7.3.5.5.2. Market size and forecast, by Type
      • 7.3.5.5.3. Market size and forecast, by Installation Type
      • 7.3.5.5.4. Market size and forecast, by End- User
      • 7.3.5.6. Rest of Europe
      • 7.3.5.6.1. Key market trends, growth factors and opportunities
      • 7.3.5.6.2. Market size and forecast, by Type
      • 7.3.5.6.3. Market size and forecast, by Installation Type
      • 7.3.5.6.4. Market size and forecast, by End- User
  • 7.4. Asia-Pacific
    • 7.4.1. Key trends and opportunities
    • 7.4.2. Market size and forecast, by Type
    • 7.4.3. Market size and forecast, by Installation Type
    • 7.4.4. Market size and forecast, by End- User
    • 7.4.5. Market size and forecast, by country
      • 7.4.5.1. China
      • 7.4.5.1.1. Key market trends, growth factors and opportunities
      • 7.4.5.1.2. Market size and forecast, by Type
      • 7.4.5.1.3. Market size and forecast, by Installation Type
      • 7.4.5.1.4. Market size and forecast, by End- User
      • 7.4.5.2. Japan
      • 7.4.5.2.1. Key market trends, growth factors and opportunities
      • 7.4.5.2.2. Market size and forecast, by Type
      • 7.4.5.2.3. Market size and forecast, by Installation Type
      • 7.4.5.2.4. Market size and forecast, by End- User
      • 7.4.5.3. India
      • 7.4.5.3.1. Key market trends, growth factors and opportunities
      • 7.4.5.3.2. Market size and forecast, by Type
      • 7.4.5.3.3. Market size and forecast, by Installation Type
      • 7.4.5.3.4. Market size and forecast, by End- User
      • 7.4.5.4. South Korea
      • 7.4.5.4.1. Key market trends, growth factors and opportunities
      • 7.4.5.4.2. Market size and forecast, by Type
      • 7.4.5.4.3. Market size and forecast, by Installation Type
      • 7.4.5.4.4. Market size and forecast, by End- User
      • 7.4.5.5. Australia
      • 7.4.5.5.1. Key market trends, growth factors and opportunities
      • 7.4.5.5.2. Market size and forecast, by Type
      • 7.4.5.5.3. Market size and forecast, by Installation Type
      • 7.4.5.5.4. Market size and forecast, by End- User
      • 7.4.5.6. Rest of Asia-Pacific
      • 7.4.5.6.1. Key market trends, growth factors and opportunities
      • 7.4.5.6.2. Market size and forecast, by Type
      • 7.4.5.6.3. Market size and forecast, by Installation Type
      • 7.4.5.6.4. Market size and forecast, by End- User
  • 7.5. LAMEA
    • 7.5.1. Key trends and opportunities
    • 7.5.2. Market size and forecast, by Type
    • 7.5.3. Market size and forecast, by Installation Type
    • 7.5.4. Market size and forecast, by End- User
    • 7.5.5. Market size and forecast, by country
      • 7.5.5.1. Brazil
      • 7.5.5.1.1. Key market trends, growth factors and opportunities
      • 7.5.5.1.2. Market size and forecast, by Type
      • 7.5.5.1.3. Market size and forecast, by Installation Type
      • 7.5.5.1.4. Market size and forecast, by End- User
      • 7.5.5.2. Saudi Arabia
      • 7.5.5.2.1. Key market trends, growth factors and opportunities
      • 7.5.5.2.2. Market size and forecast, by Type
      • 7.5.5.2.3. Market size and forecast, by Installation Type
      • 7.5.5.2.4. Market size and forecast, by End- User
      • 7.5.5.3. United Arab Emirates
      • 7.5.5.3.1. Key market trends, growth factors and opportunities
      • 7.5.5.3.2. Market size and forecast, by Type
      • 7.5.5.3.3. Market size and forecast, by Installation Type
      • 7.5.5.3.4. Market size and forecast, by End- User
      • 7.5.5.4. South Africa
      • 7.5.5.4.1. Key market trends, growth factors and opportunities
      • 7.5.5.4.2. Market size and forecast, by Type
      • 7.5.5.4.3. Market size and forecast, by Installation Type
      • 7.5.5.4.4. Market size and forecast, by End- User
      • 7.5.5.5. Rest of LAMEA
      • 7.5.5.5.1. Key market trends, growth factors and opportunities
      • 7.5.5.5.2. Market size and forecast, by Type
      • 7.5.5.5.3. Market size and forecast, by Installation Type
      • 7.5.5.5.4. Market size and forecast, by End- User

CHAPTER 8: COMPETITIVE LANDSCAPE

  • 8.1. Introduction
  • 8.2. Top winning strategies
  • 8.3. Product Mapping of Top 10 Player
  • 8.4. Competitive Dashboard
  • 8.5. Competitive Heatmap
  • 8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES

  • 9.1. Carrier
    • 9.1.1. Company overview
    • 9.1.2. Key Executives
    • 9.1.3. Company snapshot
  • 9.2. Daikin Industries, Ltd.
    • 9.2.1. Company overview
    • 9.2.2. Key Executives
    • 9.2.3. Company snapshot
  • 9.3. fujitsu general
    • 9.3.1. Company overview
    • 9.3.2. Key Executives
    • 9.3.3. Company snapshot
  • 9.4. Haier Inc.
    • 9.4.1. Company overview
    • 9.4.2. Key Executives
    • 9.4.3. Company snapshot
  • 9.5. Hitachi, Ltd.
    • 9.5.1. Company overview
    • 9.5.2. Key Executives
    • 9.5.3. Company snapshot
  • 9.6. LG Electronics
    • 9.6.1. Company overview
    • 9.6.2. Key Executives
    • 9.6.3. Company snapshot
  • 9.7. Mitsubishi Electric Corporation
    • 9.7.1. Company overview
    • 9.7.2. Key Executives
    • 9.7.3. Company snapshot
  • 9.8. Panasonic Corporation
    • 9.8.1. Company overview
    • 9.8.2. Key Executives
    • 9.8.3. Company snapshot
  • 9.9. Voltas, Inc.
    • 9.9.1. Company overview
    • 9.9.2. Key Executives
    • 9.9.3. Company snapshot
  • 9.10. Blue Star Limited
    • 9.10.1. Company overview
    • 9.10.2. Key Executives
    • 9.10.3. Company snapshot
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