Global Steam And Air-Conditioning Supply Market Size, Forecasts, And Opportunities – Includes Steam And Air-Conditioning Supply Market Size
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The global steam and air-conditioning supply market is expected to grow from $124.86 billion in 2021 to $133.03 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global steam & air-conditioning supply market size is expected to grow to $157.14 billion in 2026 at a compound annual growth rate (CAGR) of 4.3%.
The growth in the steam & air-conditioning supply market is due to the higher disposable income, corporate profit, and industrial output, which has resulted in greater demand for air-conditioning and heating, particularly in urban areas.
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The steam and air-conditioning supply market consists of sales of steam and air-conditioning supply services by entities (organizations, sole traders, and partnerships) that are used to provide steam, heated air, or cooled air Both steam and air-conditioning supply refer to the production, collection, and distribution of steam and hot water for heating, power, and other purposes; they also help in the production and distribution of cooled air and the production and distribution of chilled water for cooling purposes.
Global Steam And Air-Conditioning Supply Market Segments Include:
By Type: Distribution of Steam and Heated Air, and Distribution of Cooled Air
By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, and Others
By End User: Residential, Commercial
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global steam and air-conditioning supply market in 2021.
The steam and air-conditioning supply companies are adopting zoned steam and air-conditioning systems for their reliable efficiency and low energy consumption. Zoned steam and air conditioning systems heat or cool specific areas by controlling zone halves or zone dampers attached inside the vents or ductwork. The zoned steam and air conditioning systems consume less energy to reach the selected temperature. The sophisticated zone steam and air conditioning systems can be installed in a traditional system to meet the user’s specific needs.
TBRC’s Steam And Air-Conditioning Supply Market Report Covers:
Major Market Players: Carrier Corporation, Trane Inc., Daikin Applied Americas Inc., Goodman Manufacturing Company LP, and Rheem Manufacturing Company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Steam And Air-Conditioning Supply Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides steam and air-conditioning supply market overviews, analyzes and forecasts market size, share, steam and air-conditioning supply market players, steam and air-conditioning supply market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s steam and air-conditioning supply market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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