Market Forecast By Product Types(Chiller (Air Cooled Chiller, Water Cooled Chiller), FCU (Fan Coil Units) (Two-Pipe, Four-Pipe), AHU (Air Handling Unit), VRF (Variable Refrigerant Flow), Rooftop Packaged Units & Others (Condensing Units, Heat Pumps), By Applications(Commercial Offices & Retail, Healthcare & Hospitality, Transportation, Industrial & Others (BFSI, Education)
Product Code: ETC001046 | Publication Date: Sep 2019 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Commercial Air Conditioner Market report thoroughly covers the market by product types and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mexico Commercial Air Conditioner (AC) market has been gaining a significant amount of attention and investment in recent years. With the country’s economic growth and rising urbanization, Mexico’s commercial AC market is projected to witness a substantial growth in the coming years. This growth of the market is boosting with the growing expansion of commercial and institutional construction, hospitality, and healthcare sectors.
According to 6Wresearch, the Mexico Commercial Air Conditioner Market size is expected to grow at a CAGR of 7.9% during the forecast period 2025-2031. The increasing disposable incomes and changing lifestyles has intensified the demand for air conditioning in many households. Mexico’s rising middle class has contributed significantly to the growth of the commercial AC market. This has resulted in the upsurge of construction activities, primarily in the commercial and institutional segments, as the demand for office space, retail stores, and healthcare facilities increases. On the other hand, the Mexico Commercial Air Conditioner industry is facing some challenges such as that may affect its growth cost of energy, which continues to increase, making it difficult for people to afford air conditioning. The high upfront cost of installing commercial AC systems is another factor that could hinder growth. However, commercial AC market in Mexico is the adoption of renewable energy, especially solar-powered air conditioning systems. This trend is driven by the government’s efforts to promote sustainable technology and reduce dependence on fossil fuels.
The initiatives introduced by the government of Mexico have resulted in a more efficient, clean, and green commercial air conditioner market. The Energy Efficiency Certification Program, labelling systems, incentives for energy-efficient air conditioners, and the ban on HCFC refrigerants have all had a positive impact on the market. Moreover, the introduction of smart air conditioners that use sensors to detect temperature changes and adjust cooling accordingly has further increase the efficiency of air conditioning units. All these initiatives combined have made commercial air conditioning in Mexico cost-effective, sustainable, and beneficial to the environment.
The commercial AC market in Mexico is highly competitive and fragmented, with several key players dominating the market. Some of the major players in the market include Carrier Corporation, Trane Inc, LG Electronics Inc, Haier Group Corporation, Midea Group Co Ltd, and Fujitsu General.
The report offers a comprehensive study of the subsequent market segments:
Chiller
FCU
AHU
VRF
Rooftop Packaged Units
Others
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Mexico Commercial Air Conditioner Market Overview |
3.1 Mexico Commercial Air Conditioner Market Revenues 2021-2031F |
3.2 Mexico Commercial Air Conditioner Market – Industry Life Cycle |
3.3 Mexico Commercial Air Conditioner Market - Porter’s Five Forces |
4. Mexico Commercial Air Conditioner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Mexico Commercial Air Conditioner Market Trends |
6. Mexico Commercial Air Conditioner Market Overview |
6.1 Mexico Commercial Air Conditioner Market Revenues 2021-2031F |
6.2 Mexico Commercial Air Conditioner Market Revenue Share, By Types (2021 & 2031F) |
6.2.1 Mexico Chiller Market Revenues 2021-2031F |
6.2.1.1 Mexico Chiller Market Revenue Share, By Types (2021 & 2031F) |
6.2.1.2 Mexico Air Cooled Chiller Market Revenues 2021-2031F |
6.2.1.3 Mexico Water Cooled Chiller Market Revenues 2021-2031F |
6.2.2 Mexico FCU Market Revenues 2021-2031F |
6.2.2.1 Mexico FCU Market Revenue Share, By Types (2021 & 2031F) |
6.2.2.2 Mexico Two-Pipe FCU Market Revenues 2021-2031F |
6.2.2.3 Mexico Four-Pipe FCU Market Revenues 2021-2031F |
6.2.3 Mexico AHU Market Revenues 2021-2031F |
6.2.4 Mexico VRF Market Revenues 2021-2031F |
6.2.5 Mexico Rooftop Packaged Commercial Air Conditioner Market Revenues 2021-2031F |
6.2.6 Mexico Other Commercial Air Conditioner Market Revenues 2021-2031F |
6.3 Mexico Commercial Air Conditioner Market Revenue Share, By Applications (2021 & 2031F) |
6.3.1 Mexico Commercial Offices & Buildings Application Air Conditioner Market Revenues 2021-2031F |
6.3.2 Mexico Healthcare & Hospitality Application Commercial Air Conditioner Market Revenues 2021-2031F |
6.3.3 Mexico Transportation Application Commercial Air Conditioner Market Revenues 2021-2031F |
6.3.4 Mexico Industrial Application Commercial Air Conditioner Market Revenues 2021-2031F |
6.3.5 Mexico Other Applications Commercial Air Conditioner Market Revenues 2021-2031F |
6.4 Mexico Commercial Air Conditioner Market Opportunity Assessment |
6.4.1 Mexico Commercial Air Conditioner Market Opportunity Assessment, By Types 2031 |
6.4.2 Mexico Commercial Air Conditioner Market Opportunity Assessment, By Applications 2031 |
7. Mexico Commercial Air Conditioner Market Key Performance Indicators |
7.1 Mexico Commercial Air Conditioner Market Key Performance Indicators |
8. Mexico Commercial Air Conditioner Market Competitive Landscape |
8.1 Mexico Commercial Air Conditioner Market Competitive Benchmarking – By Types |
8.2 Mexico Commercial Air Conditioner Market Revenue Share, By Company, 2024 |
9. Company Profiles |
10. Strategic Recommendations |
11. Disclaimer |