A new report from Transparency Market Research aims to provide a comprehensive strategic analysis of the global air conditioning systems market along with revenue, volume, and growth forecasts for the period from 2014 to 2024.
Air conditioning systems have been witnessing a surge in demand from both commercial and residential applications, with the popularity of smart thermostats and inverter air conditioners rising with increasing adoption. The focus of most manufacturers of air conditioning systems is energy efficiency, given escalating global concerns over energy conservation. Concerns associated with air pollution have also spurred the demand for air purifying technologies, a trend the air conditioning systems market has been capitalizing on.