UK Air Conditioning Market Will Generate Record Revenue by 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.
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
· HFC
· HFO
· Natural
Refrigerant
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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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