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4 FAQs about Price quote for IP65 air conditioner for European factory users

What is the growth rate of Europe air conditioning equipment market?

The Europe Air Conditioning Equipment Market is growing at a CAGR of 5.78% over the next 5 years. Daikin Industries Limited, ROBERT Bosch GmbH, Carrier Global Corporation, Johnson Controls–Hitachi Air Conditioning and Mitsubishi Electric Corporation are the major companies operating in this market.

How is Europe air conditioning equipment market segmented?

Europe Air Conditioning Equipment market is segmented by Type (Single Splits/Multi Splits, VRF, Air Handling Units, Chillers, Fans), by End User (Residential, Commercial, Industrial), and Country. The Europe Air Conditioning Equipment Market is expected to register a CAGR of 5.78% during the forecast period.

How many room air conditioners are there in Europe?

While in 1990 less than 7 million room air conditioners (RACs) were installed, this number has increased to over 57 million in 2020. The estimate for 2030 is that over 100 million RACs will be installed, of which 70 million in households (35% of the European households having 1 RAC for space cooling).

How many room air conditioners are in use in the EU27?

In 2020, 57 million room air conditioners (RACs) were in use in the EU27, of which 86% was fixed installed and 14% was portable. Of the fixed RACs, 47% were also used for heating. These RACs provided 78 TWh of cooling (9% of the EU27 total cooling demand) and 112 TWh of heating (7% of the EU27 total heating demand).

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