European Central Air Conditioning Market to Touch $8.5bn by 2015
Thursday 05 May 2011
Hyderabad, 05 May 2011 - Industry Experts, a multi industry focused market research firm, has today announced the industry's first and only exclusive market research report on 'Central Air Conditioning' in Europe.
In 2010, Italy, Germany and France represent the largest European Central Air Conditioning Systems manufacturers in terms of shipment value, with a combined share of nearly 50%. Italy is the largest manufacturer of Central Air Conditioning Systems with a shipment value of US$1.1 billion in 2010 and expected to reach US$1.8 billion by 2015 with a CAGR of 6.7%. Emerging manufacturing countries, Czech Republic and Turkey, are forecast to register double digit growth rates over the 2006-2015 analysis period and gain share at the expense of other major regions in Europe. Europe was adversely affected by the recent world recession and the Central Air Conditioning market has been dampened in all countries except Italy, Turkey, Spain, the UK and Czech Republic which achieved a positive growth during 2010.
CAC product segments analyzed in this study include Direct Expansion (DX) Central Air Conditioning Systems and Central Plant/Chilled Water Central Air Conditioning Systems (Central Plant AC Systems). The report also analyzes the market of the sub-segments of DX Systems - Split AC Systems (only greater than or equal to 12kW of cooling capacity are considered for this segment which are capable of accommodating more than one indoor units and to be considered as central systems), Packaged AC Systems, VRF Systems and Heat Pumps; and Central Plant AC Systems -Chillers, Cooling Towers, Air Handling Units and Fan Coil Units.
European shipments of Central Air Conditioning Systems stand at an estimated 2.52 million units in 2010, valued at US$5.14 billion. Though unit shipments are forecast to witness a low CAGR over 2006-2015, value of shipments are expected to maintain a positive trend over the aforementioned years.
The market report includes the complete competitive landscape for CAC market in Europe and selected individual countries (France, Germany, Italy, Turkey, Spain and The United Kingdom) which comprises market share analysis (2009) for leading market players including Aermec, Airwell Group, Carrier, CIAT Group, Climaveneta, Daikin Europe (McQuay), Flakt Woods, GEA Group, Lennox Europe, Trane and York. The study analyses these major players with respect to key financials, product listing & analysis, key brands, competitors and production plant locations & capacities. The report also briefly profiles 70 other key market players across Europe.
This 337 page European market report includes 171 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. The statistical tables represent the data for the CAC unit shipments and value of shipments by major European geographic regions, product segments and sub-segments.
For more details please visit https://industry-experts.com/verticals/manufacturing/central-air-conditioning-systems-a-european-market-overview.html