United States Air Conditioning Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The United States Air Conditioning Equipment market is expected to grow at 5.6 % CAGR during the forecast period of (2022-2027). To address the demand for energy reductions, manufacturers are focusing on product innovation. Window inverter air conditioners, which employ Dual Inverter technology and utilise considerably less energy than conventional air conditioners, have been produced by companies like LG. In addition, manufacturers are aiming to give features like seamless Wi-Fi connectivity and inverter-based air conditioners due to the highly competitive market environment, which is anticipated to propel growth in the United States air conditioners market in the upcoming years.
Key HighlightsThe United States Air Conditioning Equipment market is moderately consolidated, with the presence of a few major companies. The companies are continuously investing in making strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:
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