![Packaged Air Conditioner Market](/assets/img/reports/cover/Packaged-Air-Conditioner-Market.jpeg)
Packaged Air Conditioner Market
Packaged Air Conditioner Market Global Industry Assessment & Forecast
Segments Covered
By Product Packaged AC with Water Cooled Condenser, Packaged AC with Air Cooled Condenser
By Application Residential, Industrial Manufacturing, Others
Snapshot
![]() |
2021 - 2028 |
![]() |
2016 - 2020 |
![]() |
894.28 Million |
![]() |
1335.21 Million |
![]() |
5.14 |
![]() |
North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Product Analysis: Preview On the basis of Product,
the market is segmented into Packaged AC with Water Cooled Condenser,Packaged AC with Air Cooled Condenser. Packaged AC with Water Cooled Condenser held the highest
share in the global Packaged Air Conditioner market and
is projected to witness the same trend during the forecast period. Application Analysis:
Preview Based on Application,
the market is segmented into Residential, Industrial Manufacturing, Others,. Residential accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Analysis:
Preview
Based
on , the market is segmented into .
dominates the global Packaged Air Conditioner
market and is expected to continue the same trend from 2021 to 2028.
Global Packaged Air Conditioner Market: Product Segment Analysis
-
- Packaged AC with Water Cooled Condenser
- Packaged AC with Air Cooled Condenser
Global Packaged Air Conditioner Market: Application Segment Analysis
-
- Residential
- Industrial Manufacturing
- Others
FAQ
Frequently Asked Question
What is the global demand for Packaged Air Conditioner in terms of revenue?
-
The global Packaged Air Conditioner valued at 894.28 Million in 2020 and is expected to reach 1335.21 Million in 2028 growing at a CAGR of 5.14%.
Which are the prominent players in the market?
-
The prominent players in the market are Hitachi, Rheem, S.K.M Air Conditioning LLC, Daikin, Mitsubishi Electric, York, Trane, Panasonic, Goodman Manufacturing Company, Carrier.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.14% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Packaged Air Conditioner include
- The increasing temperature in the world is expected to increase the growth of the packaged air conditioner market in the years to come owing to the emissions of greenhouse gases like carbon dioxide. Furthermore, the rising temperature also affects human health by causing heat exhaustion, heat stroke and aggravated allergies, among others. The packaged air conditioners help to clean and disinfect the air that we breathe.
- The rise in industrialization and increase in number of commercial buildings across the globe is further expected to fuel the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Packaged Air Conditioner in 2020.