UK air conditioning market is forecast to show a modest growth rate at a CAGR of 1% during the forecast period. A number of regulations enforcement related to fan refrigerants used in AC for the sake of environmental concern had been witnessed in the country. Chlorodifluoromethane or R22 gas is HCFC which is mostly used in air conditioning equipment and industrial refrigeration. Since 2004, it is banned to use R22 gas in the new equipment in UK, as they are ozone-depleting substances. By 2030, more F-Gas regulations are coming into force in Europe, and these regulations will also have a major impact in UK. These include R422A, R404A, R422D, and R507, which will be involved in reducing emissions. The aim of these regulations is to shift towards environment-friendly technology. Due to the adverse effect of R22 and other ozone-depleting substances on the environment, modern refrigerants, such as the industry-standard R-410A, are now being used in place of conventional ones.
By refrigerant type, the market is segmented into HCFC, HFC, HFO, and Natural Refrigerant. HCFC and HFC will a declining market during the forecast period whereas HFO and natural refrigerant will find a significant growth rate which will overall offer a positive market to the country. By application, the market is segmented into residential, commercial, industrial, healthcare, institution, automotive, and others. The automotive segment is expected to have a significant market growth rate during the forecast period.
The companies which are contributing to the growth of the market include Daikin Industries Ltd., Fujitsu General Ltd., LG Electronics Inc., Mitsubishi Electric Corp., Samsung Electronics Co., Ltd., Toshiba Corp., United Technologies Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology
The market study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.
Secondary Sources Include
The report is intended for AC manufacturers, AC component manufacturers, automobile companies, chemical companies, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. UK Air Conditioning Market by Application
5.1.1. Residential
5.1.2. Commercial
5.1.3. Industrial
5.1.4. Healthcare
5.1.5. Institution
5.1.6. Automotive
5.1.7. Others
5.2. UK Air Conditioning Market by Type
5.2.1. Splits
5.2.2. Rooftop
5.2.3. Indoor Packaged
5.2.4. Chillers
5.2.5. VRF
5.2.6. AHU/FCU
5.3. UK Air Conditioning Market by Refrigerant Type
5.3.1. HCFC
5.3.2. HFC
5.3.3. HFO
5.3.4. Natural Refrigerant
6. Company Profiles
6.1. Airedale International Air Conditioning Ltd.
6.2. Daikin Industries Ltd.
6.3. Fujitsu General Ltd.
6.4. Honeywell International Inc.
6.5. LG Electronics Inc.
6.6. Mitsubishi Electric Corp.
6.7. Rinnai Corp.
6.8. Samsung Electronics Co., Ltd.
6.9. Toshiba Corp.
6.10. United Technologies Corp.
1. UK AIR CONDITIONING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
2. UK AIR CONDITIONING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
3. UK AIR CONDITIONING MARKET RESEARCH AND ANALYSIS BY REFRIGERANT TYPE, 2018-2025 ($ MILLION)
1. UK AIR CONDITIONING MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
2. UK AIR CONDITIONING MARKET SHARE BY TYPE, 2018 VS 2025 (%)
3. UK AIR CONDITIONING MARKET SHARE BY REFRIGERANT TYPE, 2018 VS 2025 (%)