Europe Air Conditioning Market will be USD 21 Billion by 2025

Europe Air Conditioning Market is expected to be USD 21 Billion by 2025. following segments are VRF, Splits, Rooftops, AHU, Chillers, Fan Coils, and Others. Splits ACs have the most significant market share in the Europe.
By: Renub Research
ROSWELL, Ga. - June 15, 2020 - PRLog -- Renub Research report titled "Europe Air Conditioning Market & Volume By Country, By Segments (Splits, VRF, Rooftops, Chillers, AHU, Fan Coils, Others), By Company" captures a detailed analysis of Europe air conditioner market

With increasing temperature and humidity levels in European countries, the market for Air Conditioner is also growing year on year. Air Conditioner has become a utility product in most of the countries than a luxury product with increasing per capita income and rapid urbanization in developed and developing countries. According to Renub Research analysis, this Europe Air Conditioning Market is expected to be USD 21 Billion by the end of the year 2025.

Improvement in technologies such as the Internet of Things is also propelling the market of Air Conditioners, due to these technologies, appliances have become more efficient with the use of built-in Wi-Fi users can interact with mobile phone app from any place. Most of the electronic companies are also working on the development of energy-efficient Air Conditioner as most of the consumers consider the energy consumption of devices a barometer as when purchasing any item.

The Impact of COVID-19 on Air Conditioner Market

The impact of COVID-19 is affecting all the industry across the world. The leisure industry is mainly hurt by this pandemic, such as hotel, restaurants, cinema hall, auditorium, etc., which is directly affecting the sale of commercial air conditioners, as people are staying in homes which implies the sale of domestic air conditioners can grow in the summer season of this year compensating loss from commercial air conditioner segment. Governments have also permitted the supply of non-essential items through ecommerce websites.

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email :
Fallow the Link for More Information:
Phone:+1 678-302-0700
Tags:Europe Air Conditioning Market
Location:Roswell - Georgia - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Renub Market Research News
Most Viewed
Daily News

Like PRLog?
Click to Share