Air Condition Market - Global Industry Analysis by Size, Share and Forecast 2020 – 2027
Market Overview Market Research Future (MRFR) analysed the air condition (AC) market 2020 for the study period 2019 to 2027. According to MRFR assessment, the air condition market can thrive at considerable growth pace. By the end of assessment period, the AC market can earn substantial revenue. Corporates and governments are often closed space. The increase in the installation of air conditioners to deal with the inadequate ventilation. The expansion of office space creating high demand for AC. Thus, rise in commercial application of air conditioner can act as a pivotal cause that can promote the air conditioners market. In addition, rise in residential utility of AC, coupled with increase in construction activities can support the rise of the market in the assessment period. Hospitals and clinics are other high end-consumers of AC. Moreover, the changing dynamics in the healthcare domain in the COVID 19 pandemic is observed to impact the AC market. AC has several other areas of app