Global Air Conditioning Market to Sell 144 Million Units by 2017

International. After a temporary interruption in the level of industry growth due to the recession, the global market for air conditioning systems recovered in 2010 and is now projected to have a sales volume of 144.3 million units for the year 2017, as reported in a study by Global Industry Analysts (GIA). Although the sector was hit by a prolonged period of uncertainty due to the global economic and financial crisis, as well as the increase in production costs that affected air conditioning manufacturers during 2008 and 2009, the recovery in 2010 has been remarkable, led by the greater purchasing power of consumers and the increase in construction activity almost worldwide, explains the report. Likewise, it specifies that growth over the coming years will be driven mainly by the upward trend in the adoption of efficient and ecological models, as well as the increase in the demand for replacement units by consumers who want to modernize their air conditioning units and evolve towards more environmentally friendly models with lower energy consumption.