The increasingly popular Air Conditioner Market makes year-round cooling possible. In actuality, over 87% of American homes have air conditioning, and there are numerous brands to choose from. The window bracket for the AC is a crucial part that helps to sustain the unit. While some claim that brackets are unnecessary for window air conditioners, this isn’t true for all air conditioners. This is not the case, and it is usually needed by law for safety reasons to have a bracket for your air conditioner.
Air Conditioner Brackets Market was valued at USD 1,510 million in 2022 and is estimated to reach a value of USD 2,170 by 2033 with a CAGR of 4.5% during the forecast period.
In January 2021, Panasonic announced a target to grow its AC business over the next three years in order to start producing domestically in India. The business, which just unveiled the HU series of ACs with nanoeX technology, expects a 35% growth in sector sales this year due to pent-up demand. According to the business, hydroxyl radicals, sometimes referred to as “nature’s detergent,” which are produced by nanoeX technology and are present in water, have the ability to suppress bacteria and viruses, including 99.99% of newly attaching coronaviruses.
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Sectional Evaluation
Since commercial buildings like offices, retail establishments, and hotels need air conditioning systems to provide a comfortable atmosphere for staff, customers, and visitors, there is a substantial demand for air conditioner brackets in this industry. The air conditioning system is stabilized and supported by the use of air conditioner brackets, assuring safe and effective operation.
The increasing trend of energy-efficient air conditioning systems is predicted to drive up demand for air conditioner brackets in the business sector. The use of energy-efficient air conditioning systems is being encouraged by governments and regulatory agencies worldwide in an effort to lower greenhouse gas emissions and energy consumption. As a result, there will likely be a rise in the need for air conditioner brackets in commercial buildings.
Market- Segmental Assessment
By Type
- Ordinary angle bracket
- Steel plate bracket
- Galvanized steel bracket
- Others
By Application
- Household
- Commercial
- Others
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Main Trends
- The market will expand due to rising demand for air conditioners in both residential and commercial buildings: The rise of this market has been facilitated by the requirement for air conditioners in both residential and commercial structures. There is an increasing need for air conditioners in both residential and commercial buildings as a result of consumers’ growing awareness of energy efficiency and environmental sustainability.
- A Rise in the Usage of Common Brackets Will Accelerate Market Growth: The largest market share in 2018 was accounted for by ordinary angle brackets, which were followed by steel plate brackets, galvanized steel brackets, and other items (such as aluminum). The common angle bracket maintained the largest share of this market because it is easy to install and costs less per unit than other bracket types such steel plate or galvanized steel brackets.
Air Conditioner Brackets Market- Competitive Landscape
- Belkin
- DiversiTech Corporation
- RectorSeal
- Thermwell Products
- Qualward
- Jeacent
- Ashish International
- Fschangze
