The Latin America, Middle East and Africa Air Conditioning Systems Market would witness market growth of 7.8% CAGR during the forecast period (2021-2027).
The rise in the construction of residential complexes, hospitals, multiplexes, shopping malls, hotels, and auditoriums, especially in the developing nations like India and China, would accelerate the demand for the air conditioning systems market in the coming years. In addition, growing environmental concerns and numerous government policies and regulations for minimizing carbon emissions have resulted in the shifting preference of the consumers toward sustainable & energy-efficient AC systems around the world.
The non-inverter segment is anticipated to exhibit a significant growth rate during the forecast period. Factors like fluctuating frequencies, high energy consumption, and less lifespan are estimated to fuel the growth of the segment during the forecast period.
The rising demand for cooling and heating appliances in the Middle East region would augment the growth of the air conditioning systems market in this region. In addition, the increasing disposable income of the consumers along with the rising living standards across various nations would support the growth of the regional air conditioning systems market over the forecast period.
The Brazil market dominated the LAMEA Inverter Air Conditioning Systems Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,014 million by 2027. The Argentina market is estimated to grow a CAGR of 9.4% during (2021 - 2027). Additionally, The UAE market is estimated to witness a CAGR of 8.6% during (2021 - 2027).
Based on Type, the market is segmented into Unitary, Rooftop and PTAC. Based on Technology, the market is segmented into Non-Inverter and Inverter. Based on End User, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Air Conditioning Systems Market is Predict to reach $154 Billion by 2027, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Carrier Global Corporation, Hitachi, Ltd., Haier Smart Home Co., Ltd. (Haier Group Corporation), Whirlpool Corporation, Mitsubishi Electric Corporation, Trane Technologies PLC, Daikin Industries, Ltd., BSH Hausgeräte GmbH (Robert Bosch Group), Alfa Laval AB, and Electrolux AB.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Technology
By End User
- Residential
- Commercial
- Industrial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Carrier Global Corporation
- Hitachi, Ltd.
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Whirlpool Corporation
- Mitsubishi Electric Corporation
- Trane Technologies PLC
- Daikin Industries, Ltd.
- BSH Hausgeräte GmbH (Robert Bosch Group)
- Alfa Laval AB
- Electrolux AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Air Conditioning Systems Market, by Type
1.4.2 LAMEA Air Conditioning Systems Market, by Technology
1.4.3 LAMEA Air Conditioning Systems Market, by End User
1.4.4 LAMEA Air Conditioning Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. LAMEA Air Conditioning Systems Market by Type
4.1 LAMEA Air Conditioning Systems Unitary Market by Country
4.2 LAMEA Air Conditioning Systems Rooftop Market by Country
4.3 LAMEA Air Conditioning Systems PTAC Market by Country
Chapter 5. LAMEA Air Conditioning Systems Market by End Use
5.1 LAMEA Air Conditioning Systems Residential Market by Country
5.2 LAMEA Air Conditioning Systems Commercial Market by Country
5.3 LAMEA Air Conditioning Systems Industrial Market by Country
Chapter 6. LAMEA Air Conditioning Systems Market by Technology
6.1 LAMEA Non-Inverter Air Conditioning Systems Market by Country
6.2 LAMEA Inverter Air Conditioning Systems Market by Country
Chapter 7. LAMEA Air Conditioning Systems Market by Country
7.1 Brazil Air Conditioning Systems Market
7.1.1 Brazil Air Conditioning Systems Market by Type
7.1.2 Brazil Air Conditioning Systems Market by End Use
7.1.3 Brazil Air Conditioning Systems Market by Technology
7.2 Argentina Air Conditioning Systems Market
7.2.1 Argentina Air Conditioning Systems Market by Type
7.2.2 Argentina Air Conditioning Systems Market by End Use
7.2.3 Argentina Air Conditioning Systems Market by Technology
7.3 UAE Air Conditioning Systems Market
7.3.1 UAE Air Conditioning Systems Market by Type
7.3.2 UAE Air Conditioning Systems Market by End Use
7.3.3 UAE Air Conditioning Systems Market by Technology
7.4 Saudi Arabia Air Conditioning Systems Market
7.4.1 Saudi Arabia Air Conditioning Systems Market by Type
7.4.2 Saudi Arabia Air Conditioning Systems Market by End Use
7.4.3 Saudi Arabia Air Conditioning Systems Market by Technology
7.5 South Africa Air Conditioning Systems Market
7.5.1 South Africa Air Conditioning Systems Market by Type
7.5.2 South Africa Air Conditioning Systems Market by End Use
7.5.3 South Africa Air Conditioning Systems Market by Technology
7.6 Nigeria Air Conditioning Systems Market
7.6.1 Nigeria Air Conditioning Systems Market by Type
7.6.2 Nigeria Air Conditioning Systems Market by End Use
7.6.3 Nigeria Air Conditioning Systems Market by Technology
7.7 Rest of LAMEA Air Conditioning Systems Market
7.7.1 Rest of LAMEA Air Conditioning Systems Market by Type
7.7.2 Rest of LAMEA Air Conditioning Systems Market by End Use
7.7.3 Rest of LAMEA Air Conditioning Systems Market by Technology
Chapter 8. Company Profiles
8.1 Carrier Global Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisitions and Mergers:
8.1.5.3 Product Launches and Product Expansions:
8.1.5.4 Geographical Expansions:
8.2 Hitachi, Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and Developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Geographical Expansions:
8.3 Haier Smart Home Co., Ltd. (Haier Group Corporation)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Geographical Expansions:
8.4 Whirlpool Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent Strategies and Developments:
8.4.5.1 Product Launches and Product Expansions:
8.5 Mitsubishi Electric Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent Strategies and Developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisitions and Mergers:
8.5.5.3 Geographical Expansions:
8.5.6 SWOT Analysis
8.6 Trane Technologies PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expense
8.7 Daikin Industries, Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent Strategies and Developments:
8.7.5.1 Acquisitions and Mergers:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Geographical Expansions:
8.7.6 SWOT Analysis
8.8 BSH Hausgeräte GmbH (Robert Bosch Group)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent Strategies and Developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisitions and Mergers:
8.8.5.3 Product Launches and Product Expansions:
8.9 Alfa Laval AB
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Electrolux AB
8.10.1 Company Overview
8.10.2 Recent Strategies and Developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Air Conditioning Systems Market
TABLE 4 Product Launches And Product Expansions– Air Conditioning Systems Market
TABLE 5 Acquisition and Mergers– Air Conditioning Systems Market
TABLE 6 Geographical Expansions– Air Conditioning Systems Market
TABLE 7 LAMEA Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 8 LAMEA Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 9 LAMEA Air Conditioning Systems Unitary Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Air Conditioning Systems Unitary Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Air Conditioning Systems Rooftop Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Air Conditioning Systems Rooftop Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Air Conditioning Systems PTAC Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Air Conditioning Systems PTAC Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 16 LAMEA Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 17 LAMEA Air Conditioning Systems Residential Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Air Conditioning Systems Residential Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Air Conditioning Systems Commercial Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Air Conditioning Systems Commercial Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Air Conditioning Systems Industrial Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Air Conditioning Systems Industrial Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 24 LAMEA Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 25 LAMEA Non-Inverter Air Conditioning Systems Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Non-Inverter Air Conditioning Systems Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Inverter Air Conditioning Systems Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Inverter Air Conditioning Systems Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Air Conditioning Systems Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Air Conditioning Systems Market by Country, 2021 - 2027, USD Million
TABLE 31 Brazil Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 32 Brazil Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 33 Brazil Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 34 Brazil Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 35 Brazil Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 36 Brazil Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 37 Brazil Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 38 Brazil Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 39 Argentina Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 40 Argentina Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 41 Argentina Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 42 Argentina Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 43 Argentina Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 44 Argentina Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 45 Argentina Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 46 Argentina Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 47 UAE Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 48 UAE Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 49 UAE Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 50 UAE Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 51 UAE Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 52 UAE Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 53 UAE Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 54 UAE Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 55 Saudi Arabia Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 56 Saudi Arabia Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 57 Saudi Arabia Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 58 Saudi Arabia Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 59 Saudi Arabia Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 60 Saudi Arabia Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 61 Saudi Arabia Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 62 Saudi Arabia Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 63 South Africa Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 64 South Africa Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 65 South Africa Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 66 South Africa Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 67 South Africa Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 68 South Africa Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 69 South Africa Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 70 South Africa Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 71 Nigeria Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 72 Nigeria Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 73 Nigeria Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 74 Nigeria Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 75 Nigeria Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 76 Nigeria Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 77 Nigeria Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 78 Nigeria Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 79 Rest of LAMEA Air Conditioning Systems Market, 2017 - 2020, USD Million
TABLE 80 Rest of LAMEA Air Conditioning Systems Market, 2021 - 2027, USD Million
TABLE 81 Rest of LAMEA Air Conditioning Systems Market by Type, 2017 - 2020, USD Million
TABLE 82 Rest of LAMEA Air Conditioning Systems Market by Type, 2021 - 2027, USD Million
TABLE 83 Rest of LAMEA Air Conditioning Systems Market by End Use, 2017 - 2020, USD Million
TABLE 84 Rest of LAMEA Air Conditioning Systems Market by End Use, 2021 - 2027, USD Million
TABLE 85 Rest of LAMEA Air Conditioning Systems Market by Technology, 2017 - 2020, USD Million
TABLE 86 Rest of LAMEA Air Conditioning Systems Market by Technology, 2021 - 2027, USD Million
TABLE 87 Key Information – Carrier Global Corporation
TABLE 88 Key Information – Hitachi, Ltd.
TABLE 89 key information –Haier Smart Home Co., Ltd.
TABLE 90 Key information – Whirlpool Corporation
TABLE 91 key information – Mitsubishi Electric Corporation
TABLE 92 Key Information – Trane Technologies PLC
TABLE 93 Key information – Daikin Industries, Ltd.
TABLE 94 Key Information – BSH Hausgeräte GmbH
TABLE 95 key Information – Alfa Laval AB
TABLE 96 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent Strategies and Developments: Carrier Global Corporation
FIG 6 Recent Strategies and Developments: Hitachi, Ltd.
FIG 7 Recent strategies and developments: Haier Smart Home Co., Ltd.
FIG 8 Recent Strategies and Developments: Mitsubishi Electric Corporation
FIG 9 SWOT Analysis: Mitsubishi Electric Corporation
FIG 10 Recent Strategies and Developments: Daikin Industries Ltd.
FIG 11 SWOT Analysis: Daikin Industries Ltd.
FIG 12 Recent Strategies and Developments: BSH Hausgeräte GmbH (Robert Bosch Group)