Air Conditioning Systems Market worth US$ 213.1 Billion 2029 with a CAGR of 5.0% prophecymarketinsights.com

The report "Global Air Conditioning Systems Market, by Air Conditioner Type (Slit, Rooftop, Indoor Packaged, and chillers), by Duct Type (Ducted and Ductless), by Technology (Manual/Semi-Automatic and Automatic), by Application (Automotive Air Conditioning, Commercial Air Conditioning, Industrial Air Conditioning, and Residential Air Conditioning), and Region – Global Forecast to 2029". The global air conditioning systems market is projected to grow from US$ 129.2 billion in 2019 to US$ 213.1 billion by 2029. Global air conditioning systems market is expected to register moderate growth over the forecast period. This is attributed to increasing end-use applications of air conditioning systems in cars, hotels, large office buildings, and households and less energy consumption by air conditioning systems create more demands for air conditioning systems.