Global Commercial Central Air Conditioning Market Report History and Forecast 2017-2028

Global Commercial Central Air Conditioning Market Report History and Forecast 2017-2028

Market Analysis and Insights: Global Commercial Central Air Conditioning Market
The research report studies the Commercial Central Air Conditioning market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Commercial Central Air Conditioning market size was value at US$ 45,320 million in 2021 and is forecast to be a readjusted size of US$ 62,770 million by 2028 with a CAGR of 4.54% during the forecast period 2022-2028.
The global main companies of Commercial Central Air Conditioning include Daikin, Gree, Midea, Johnson Controls, Carrier, Trane Technologies, Haier, and Hitachi, etc. In 2021, the global six largest players have a share approximately 49.44% in terms of revenue.
The North America Commercial Central Air Conditioning market size was US$ 10,513 million in 2021, while China was US$ 14,536 million. The proportion of the China was 32.07% in 2021 and it is predicted that the share will reach 34.26% in 2028, trailing a CAGR of 5.15% through the analysis period. As for the Europe Commercial Central Air Conditioning landscape, Germany is projected to reach US$ 381 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 3.08% and 3.76% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, Water-cooled Air Conditioning accounting for 55.82% of the Commercial Central Air Conditioning global market in 2021, is projected to value US$ 35,041 million by 2028, growing at a revised 4.23% CAGR from 2022 to 2028. While Office Building segment is altered to an 4.80% CAGR throughout this forecast period and will hold a share about 57.41% in 2028.
Global Commercial Central Air Conditioning Scope and Segment
The global Commercial Central Air Conditioning market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Commercial Central Air Conditioning market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.

By Company
Daikin
Carrier
Gree
Midea
Johnson Controls
Trane Technologies
Haier
Panasonic
LG Electronics
Lennox
Hisense
TICA
Mitsubishi Electric
Hitachi
Rheem

Segment by Type
Water-cooled Air Conditioning
Multi-Split Packaged Air Conditioning
Single-Split Packaged Air Conditioning
Others

Segment by Application
Office Building
Hotel
Retail Store
Hospital
School
Railway Station
Airport
Others

By Region
North America
United States
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Others

Europe
Germany
France
U.K.
Italy
Spain
Others

South America
Brazil
Argentina
Others

Middle East & Africa
Middle East
Africa