UK Air Conditioning Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2025
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.
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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.
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UK Air Conditioning Market Segmentation
By Application
·
Residential
·
Commercial
·
Industrial
·
Healthcare
·
Institution
·
Automotive
·
Others
By Type
·
Splits
·
Rooftop
·
Indoor Packaged
·
Chillers
·
VRF
·
AHU/FCU
By Refrigerant Type
·
HCFC
·
5.3.2. HFC
·
HFO
·
Natural Refrigerant
Company Profiles
·
Airedale International Air Conditioning Ltd.
·
Daikin Industries Ltd.
·
Fujitsu General Ltd.
·
Honeywell International Inc.
·
LG Electronics Inc.
·
Mitsubishi Electric Corp.
·
Rinnai Corp.
·
Samsung Electronics Co., Ltd.
·
Toshiba Corp.
·
United Technologies Corp.
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