The non-residential air conditioners market size in Europe has the potential to grow by USD 1.84 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (split systems, VRF systems, chillers, rooftops, and others), geography (Russian Federation, Italy, Spain, France, and the Rest of Europe). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ait-deutschland GmbH, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Johnson Controls International Plc, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, and Samsung Electronics Co. Ltd.
Market Overview
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Market Competitive Analysis
The market is fragmented. ait-deutschland GmbH, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Johnson Controls International Plc, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, and Samsung Electronics Co. Ltd. are some of the major market participants. Factors such as growing commercial construction in europe will offer immense growth opportunities. However, capital-intensive market may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this non-residential air conditioners market forecast in Europe report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this non-residential air conditioners market analysis in Europe report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- ait-deutschland GmbH
- Carrier Global Corp.
- Daikin Industries Ltd.
- Danfoss AS
- Haier Smart Home Co. Ltd.
- Johnson Controls International Plc
- LG Electronics Inc.
- Panasonic Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
Non-Residential Air Conditioners Market in Europe: Segmentation by Product
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Split systems segment include single splits and multi-splits. The single split segment witnessed steady growth in the last few years owing to the increasing replacement of window units with energy-efficient and single-split air conditioners. Customers are also refurbishing their existing systems with split air conditioners to comply with the Leadership in Energy and Environmental Design (LEED) certification, which promotes the adoption of energy-efficient systems.
Market growth in this split systems segment will be slower than the growth of the market in the VRF systems and chillers segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the non-residential air conditioners market size in Europe.
Non-Residential Air Conditioners Market in Europe: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive non-residential air conditioners market growth in Europe during the next five years
- Precise estimation of the non-residential air conditioners market size in Europe and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the non-residential air conditioners industry across the Russian Federation, Italy, Spain, France, and the Rest of Europe
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of non-residential air conditioners market vendors in Europe
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Non-Residential Air Conditioners Market Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2% |
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Market growth 2020-2024 |
$ 1.84 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
-10.78 |
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Regional analysis |
Russian Federation, Italy, Spain, France, and Rest of Europe |
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Performing market contribution |
Split systems at 37% |
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Key consumer countries |
Russian Federation, Italy, Spain, France, and Turkey |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ait-deutschland GmbH, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Haier Smart Home Co. Ltd., Johnson Controls International Plc, LG Electronics Inc., Panasonic Corp., Robert Bosch GmbH, and Samsung Electronics Co. Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |