North American air conditioning market is forecast to grow at a CAGR of 3.1% during the forecast period. Major factors augmenting the market is high urbanization, high adoption of AC in the US, high disposable income are among the major factors driving the market. Another major driving factor in the substantial growth of the AC market in the region includes a rise in the increasing uses of commercial AC, the rise in the demand of inverter AC and cohesive regulation from the US government for the commercial AC industry.
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