Europe Air Conditioners Market - Opportunity Analysis and Industry Forecast (2023-2030)
Meticulous Research®, a prominent global market research firm, released a study titled, ‘ Europe Air Conditioners Market by Type (Split, Window, Centralized/Ducted, Others), Tonnage (Up to 2 Tons, 2 Tons to 5 Tons, Others), Technology (Inverter, Non-inverter), End User (Residential, Commercial, Industrial), and Geography - Forecast to 2030.’ As per the most recent report by Meticulous Research®, the air conditioners market in Europe is anticipated to achieve a value of $46.8 billion by 2030 , with a compound annual growth rate (CAGR) of 6% from 2023 to 2030. The expansion of this market is propelled by rising temperatures and humidity, a rising consumer inclination towards convenience and comfort, and an increasing requirement for energy-efficient air conditioning units. Nevertheless, the market's growth is hindered by the elevated costs associated with air conditioners. Increasingly, the uptake of air conditioners incorporating inverter and air purification technolo...