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Global Marine Air Conditioning Systems Market 2017-2021

About Marine Air Conditioning Systems

The principle behind air conditioning is the movement of heat. An air conditioner pulls the

heat from the air by transferring the heat in the cabin to the refrigerant gas within the air

conditioner. A marine air conditioner then transfers the heat from the refrigerant gas to the

sea water. The process can also be reversed, the air conditioner can pull heat from the sea

water and transfer that heat to the cabin. This is called reverse cycle air conditioning.

Technavio’s analysts forecast the global marine air conditioning systems market to grow at a CAGR of 6.72% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marine air conditioning systems market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Marine Air Conditioning Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carrier Corporation
  • DAIKIN INDUSTRIES
  • DOMETIC GROUP
  • FRIGOMAR
  • Johnson Controls
Other prominent vendors
  • Aqua-Air
  • ACCEL
  • Bronswerk Marine
  • Clion-Marine
  • Flagship Marine
  • Koja-Yhtiöt Oy
  • KING-AIR
  • Heinen & Hopman
  • Hammond Air Conditioning
  • Marinaire
  • Penguin refrigeration
  • Teknotherm
  • Ingersoll Rand
  • Seabreeze Industries
  • Pompanette
  • Mermaid Manufacturing
  • MITSUBISHI HEAVY INDUSTRIES
  • NISSIN
  • Veco (CLIMMA)
  • Webasto
Market driver
  • Robust growth in commercial shipping
  • For a full, detailed list, view our report
Market challenge
  • Safety issues and piracy threats
  • For a full, detailed list, view our report
Market trend
  • M&As and alliances
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Marine Air Conditioning Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global marine air conditioning systems market: Carrier Corporation, DAIKIN INDUSTRIES, DOMETIC GROUP, FRIGOMAR, and Johnson Controls.

Other Prominent Vendors in the market are: Aqua-Air, ACCEL, Bronswerk Marine, Clion-Marine, Flagship Marine, Koja-Yhtiöt Oy, KING-AIR, Heinen & Hopman, Hammond Air Conditioning, Marinaire, Penguin refrigeration, Teknotherm, Ingersoll Rand, Seabreeze Industries, Pompanette, Mermaid Manufacturing, MITSUBISHI HEAVY INDUSTRIES, NISSIN, Veco (CLIMMA), and Webasto.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is M&As and alliances. The increasing competitiveness in the shipping industry is subject to unpredictable ups and downs. Ports and shipping companies in such a volatile scenario are struggling to stay competitive in terms of costs and services. Ports across the globe are fighting to attract shipping lines and offering efficient services and better facilities. On the other hand, shipping companies are adding fuel-efficient ships to their fleets to cut down operating costs, and trimming down port assets and third-party logistics. Another key trend that has been observed in the maritime industry is the formation of new alliances by shipping companies to cover certain trade routes, and sharing ship and port operations.”

According to the report, one of the major drivers for this market is Robust growth in commercial shipping. Globalization has been the key growth driver for the global commercial shipping market. Since economies across the globe are all interlinked, world trade volume is also affected by the health of the global economy. Seaborne trade, which is the backbone of international trade, rises along with global economic expansion. Therefore, economic development and growth have resulted in enormous opportunities for the marine industry, especially due to the global demand for and supply of commodities and manufactured goods.

Further, the report states that one of the major factors hindering the growth of this market is Safety issues and piracy threats. Globalization and economic interlinking of countries are facilitated by the shipping industry. However, the threat of piracy continues to be a major concern for the global maritime industry. The increase in piracy in the Gulf of Aden in 2016 highlights the vulnerability the shipping industry possess. Piracy peaked in the Gulf of Aden in 2011, following which many regional and international naval forces were stationed in the region. There was a transitory decline in piracy, and it seemed that the region is entering a period of piracy-free tranquility but then, suddenly, instances of robbery along the sea route surged between 2015-2016.

Companies Mentioned

Carrier Corporation, DAIKIN INDUSTRIES, DOMETIC GROUP, FRIGOMAR, Johnson Controls, Aqua-Air, ACCEL, Bronswerk Marine, Clion-Marine, Flagship Marine, Koja-Yhtiöt Oy, KING-AIR, Heinen & Hopman, Hammond Air Conditioning, Marinaire, Penguin refrigeration, Teknotherm, Ingersoll Rand, Seabreeze Industries, Pompanette, Mermaid Manufacturing, MITSUBISHI HEAVY INDUSTRIES, NISSIN, Veco (CLIMMA), and Webasto.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Five largest merchant fleets worldwide in terms of deadweight tons 2015
      • Table The world's largest shipping companies by fleet size (units)
  • Market landscape
    • Market overview
      • Table Global marine air conditioning systems market overview
    • Market size and forecast
      • Table Global marine air conditioning systems market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Market share of each segment in 2016 and 2021
    • Leisure ships
      • Table Global marine air conditioning systems market by leisure ships 2016-2021 ($ billions)
      • Table The cruise industry: Market outlook by geography 2017
    • Commercial ships
      • Table Global marine air conditioning systems market by commercial ships 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Market share of regions in 2016 and 2021
    • APAC
      • Table Marine air conditioning systems market in APAC 2016-2021 ($ billions)
    • EMEA
      • Table Marine air conditioning systems market in EMEA 2016-2021 ($ billions)
    • Americas
      • Table Marine air conditioning systems market in Americas 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages of shipping commercial goods
    • Market challenges
  • Market trends
    • M&As and alliances
    • MARPOL regulations
    • Growing scrapping of ships across the globe
      • Table The impact of rising metal prices on shipping industry 2014-2016
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global marine air conditioning systems market
    • Other prominent vendors
  • Key vendor analysis
    • DOMETIC GROUP
      • Table DOMETIC GROUP: Product portfolio
    • FRIGOMAR
      • Table FRIGOMAR: Product portfolio
    • Johnson Controls
      • Table Johnson Control: Product portfolio
    • DAIKIN INDUSTRIES
      • Table DAIKIN INDUSTRIES: Product portfolio
    • Carrier Corporation
      • Table Carrier Corporation: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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