Press Release

South America Air Conditioners Market to Grow at 7% during 2017 – 2022

Increasing consumer spending, favorable government rules & regulations, and improving standard of living to aid South America air conditioners market through 2022

According to a TechSci Research report, South America Air Conditioner Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2012 – 2022, the region’s air conditioners market is projected to grow at a CAGR of over 7% during 2017 – 2022, on account of rising number of educational institutions and hospitals, technological advancements, and increasing investments for infrastructure-based developments by public as well as private entities. Moreover, expanding distribution channel of major companies across the region coupled with increasing homeownership are expected to drive South America air conditioners market during forecast period.

Browse 57 Figures spread through 48 Pages and an in-depth TOC on "South America Air Conditioners Market"

Brazil dominated South America air conditioners market during 2012 – 2016, and the country is expected to maintain its dominance over the next five years as well, due to growing urbanization, expanding population base and growing inclination towards technology advanced products. Moreover, the sultry weather of Brazil necessitates the requirement for air conditioners for consumers of the country.

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“Continuous innovation coupled with growing adoption of energy efficient air conditioners to reduce electricity, increasing infrastructural developments, rising awareness among consumers, growing tourism activities and easy availability of residential space are few of the major factors responsible to steer the growth of air conditioners market in South America.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

South America Air Conditioner Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2012 – 2022 has evaluated the future growth potential of South America air conditioners market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in South America air conditioners market.

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