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Air Conditioners-Global Market Insights and Sales Trends 2025
Synopsis
The global Air Conditioners market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Air Conditioners in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Air Conditioners market. Light Commercial Air Conditioners, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VRF, Chillers segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Air Conditioners market, driven by demand from China, the second largest economy with some signs of stabilising, the Air Conditioners market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Air Conditioners, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Air Conditioners market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Air Conditioners market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Air Conditioners sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Air Conditioners covered in this report include Daikin, Gree, Midea, Carrier, Mitsubishi Electric, DeLonghi, Airart, Electrolux and Olimpia Splendid, etc.
The global Air Conditioners market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin
Gree
Midea
Carrier
Mitsubishi Electric
DeLonghi
Airart
Electrolux
Olimpia Splendid
LG
Haier
Suntec
Whirlpool
NewAir
Whynter
Panasonic
Aux
Chigo
Global Air Conditioners market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Air Conditioners market, Segment by Type:
Light Commercial Air Conditioners
VRF, Chillers
Global Air Conditioners market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Air Conditioners manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Air Conditioners in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Air Conditioners market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Air Conditioners in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Air Conditioners market. Light Commercial Air Conditioners, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the VRF, Chillers segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Air Conditioners market, driven by demand from China, the second largest economy with some signs of stabilising, the Air Conditioners market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Air Conditioners, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Air Conditioners market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Air Conditioners market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Air Conditioners sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Air Conditioners covered in this report include Daikin, Gree, Midea, Carrier, Mitsubishi Electric, DeLonghi, Airart, Electrolux and Olimpia Splendid, etc.
The global Air Conditioners market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daikin
Gree
Midea
Carrier
Mitsubishi Electric
DeLonghi
Airart
Electrolux
Olimpia Splendid
LG
Haier
Suntec
Whirlpool
NewAir
Whynter
Panasonic
Aux
Chigo
Global Air Conditioners market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Air Conditioners market, Segment by Type:
Light Commercial Air Conditioners
VRF, Chillers
Global Air Conditioners market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Air Conditioners manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Air Conditioners in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Air Conditioners Market Overview
1.1 Air Conditioners Product Overview
1.2 Air Conditioners Market Segment by Type
1.2.1 Light Commercial Air Conditioners
1.2.2 VRF, Chillers
1.3 Global Air Conditioners Market Size by Type
1.3.1 Global Air Conditioners Market Size Overview by Type (2018-2029)
1.3.2 Global Air Conditioners Historic Market Size Review by Type (2018-2023)
1.3.3 Global Air Conditioners Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Air Conditioners Sales Breakdown by Type (2018-2023)
1.4.2 Europe Air Conditioners Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Air Conditioners Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Air Conditioners Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Air Conditioners Sales Breakdown by Type (2018-2023)
2 Global Air Conditioners Market Competition by Company
2.1 Global Top Players by Air Conditioners Sales (2018-2023)
2.2 Global Top Players by Air Conditioners Revenue (2018-2023)
2.3 Global Top Players by Air Conditioners Price (2018-2023)
2.4 Global Top Manufacturers Air Conditioners Manufacturing Base Distribution, Sales Area, Product Type
2.5 Air Conditioners Market Competitive Situation and Trends
2.5.1 Air Conditioners Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Air Conditioners Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Air Conditioners as of 2022)
2.7 Date of Key Manufacturers Enter into Air Conditioners Market
2.8 Key Manufacturers Air Conditioners Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Air Conditioners Status and Outlook by Region
3.1 Global Air Conditioners Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Air Conditioners Historic Market Size by Region
3.2.1 Global Air Conditioners Sales in Volume by Region (2018-2023)
3.2.2 Global Air Conditioners Sales in Value by Region (2018-2023)
3.2.3 Global Air Conditioners Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Air Conditioners Forecasted Market Size by Region
3.3.1 Global Air Conditioners Sales in Volume by Region (2024-2029)
3.3.2 Global Air Conditioners Sales in Value by Region (2024-2029)
3.3.3 Global Air Conditioners Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Air Conditioners by Application
4.1 Air Conditioners Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Air Conditioners Market Size by Application
4.2.1 Global Air Conditioners Market Size Overview by Application (2018-2029)
4.2.2 Global Air Conditioners Historic Market Size Review by Application (2018-2023)
4.2.3 Global Air Conditioners Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Air Conditioners Sales Breakdown by Application (2018-2023)
4.3.2 Europe Air Conditioners Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Air Conditioners Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Air Conditioners Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Air Conditioners Sales Breakdown by Application (2018-2023)
5 North America Air Conditioners by Country
5.1 North America Air Conditioners Historic Market Size by Country
5.1.1 North America Air Conditioners Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Air Conditioners Sales in Volume by Country (2018-2023)
5.1.3 North America Air Conditioners Sales in Value by Country (2018-2023)
5.2 North America Air Conditioners Forecasted Market Size by Country
5.2.1 North America Air Conditioners Sales in Volume by Country (2024-2029)
5.2.2 North America Air Conditioners Sales in Value by Country (2024-2029)
6 Europe Air Conditioners by Country
6.1 Europe Air Conditioners Historic Market Size by Country
6.1.1 Europe Air Conditioners Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Air Conditioners Sales in Volume by Country (2018-2023)
6.1.3 Europe Air Conditioners Sales in Value by Country (2018-2023)
6.2 Europe Air Conditioners Forecasted Market Size by Country
6.2.1 Europe Air Conditioners Sales in Volume by Country (2024-2029)
6.2.2 Europe Air Conditioners Sales in Value by Country (2024-2029)
7 Asia-Pacific Air Conditioners by Region
7.1 Asia-Pacific Air Conditioners Historic Market Size by Region
7.1.1 Asia-Pacific Air Conditioners Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Air Conditioners Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Air Conditioners Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Air Conditioners Forecasted Market Size by Region
7.2.1 Asia-Pacific Air Conditioners Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Air Conditioners Sales in Value by Region (2024-2029)
8 Latin America Air Conditioners by Country
8.1 Latin America Air Conditioners Historic Market Size by Country
8.1.1 Latin America Air Conditioners Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Air Conditioners Sales in Volume by Country (2018-2023)
8.1.3 Latin America Air Conditioners Sales in Value by Country (2018-2023)
8.2 Latin America Air Conditioners Forecasted Market Size by Country
8.2.1 Latin America Air Conditioners Sales in Volume by Country (2024-2029)
8.2.2 Latin America Air Conditioners Sales in Value by Country (2024-2029)
9 Middle East and Africa Air Conditioners by Country
9.1 Middle East and Africa Air Conditioners Historic Market Size by Country
9.1.1 Middle East and Africa Air Conditioners Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Air Conditioners Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Air Conditioners Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Air Conditioners Forecasted Market Size by Country
9.2.1 Middle East and Africa Air Conditioners Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Air Conditioners Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Daikin
10.1.1 Daikin Company Information
10.1.2 Daikin Introduction and Business Overview
10.1.3 Daikin Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Daikin Air Conditioners Products Offered
10.1.5 Daikin Recent Development
10.2 Gree
10.2.1 Gree Company Information
10.2.2 Gree Introduction and Business Overview
10.2.3 Gree Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Gree Air Conditioners Products Offered
10.2.5 Gree Recent Development
10.3 Midea
10.3.1 Midea Company Information
10.3.2 Midea Introduction and Business Overview
10.3.3 Midea Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Midea Air Conditioners Products Offered
10.3.5 Midea Recent Development
10.4 Carrier
10.4.1 Carrier Company Information
10.4.2 Carrier Introduction and Business Overview
10.4.3 Carrier Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Carrier Air Conditioners Products Offered
10.4.5 Carrier Recent Development
10.5 Mitsubishi Electric
10.5.1 Mitsubishi Electric Company Information
10.5.2 Mitsubishi Electric Introduction and Business Overview
10.5.3 Mitsubishi Electric Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric Air Conditioners Products Offered
10.5.5 Mitsubishi Electric Recent Development
10.6 DeLonghi
10.6.1 DeLonghi Company Information
10.6.2 DeLonghi Introduction and Business Overview
10.6.3 DeLonghi Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.6.4 DeLonghi Air Conditioners Products Offered
10.6.5 DeLonghi Recent Development
10.7 Airart
10.7.1 Airart Company Information
10.7.2 Airart Introduction and Business Overview
10.7.3 Airart Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Airart Air Conditioners Products Offered
10.7.5 Airart Recent Development
10.8 Electrolux
10.8.1 Electrolux Company Information
10.8.2 Electrolux Introduction and Business Overview
10.8.3 Electrolux Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Electrolux Air Conditioners Products Offered
10.8.5 Electrolux Recent Development
10.9 Olimpia Splendid
10.9.1 Olimpia Splendid Company Information
10.9.2 Olimpia Splendid Introduction and Business Overview
10.9.3 Olimpia Splendid Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Olimpia Splendid Air Conditioners Products Offered
10.9.5 Olimpia Splendid Recent Development
10.10 LG
10.10.1 LG Company Information
10.10.2 LG Introduction and Business Overview
10.10.3 LG Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.10.4 LG Air Conditioners Products Offered
10.10.5 LG Recent Development
10.11 Haier
10.11.1 Haier Company Information
10.11.2 Haier Introduction and Business Overview
10.11.3 Haier Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Haier Air Conditioners Products Offered
10.11.5 Haier Recent Development
10.12 Suntec
10.12.1 Suntec Company Information
10.12.2 Suntec Introduction and Business Overview
10.12.3 Suntec Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Suntec Air Conditioners Products Offered
10.12.5 Suntec Recent Development
10.13 Whirlpool
10.13.1 Whirlpool Company Information
10.13.2 Whirlpool Introduction and Business Overview
10.13.3 Whirlpool Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Whirlpool Air Conditioners Products Offered
10.13.5 Whirlpool Recent Development
10.14 NewAir
10.14.1 NewAir Company Information
10.14.2 NewAir Introduction and Business Overview
10.14.3 NewAir Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.14.4 NewAir Air Conditioners Products Offered
10.14.5 NewAir Recent Development
10.15 Whynter
10.15.1 Whynter Company Information
10.15.2 Whynter Introduction and Business Overview
10.15.3 Whynter Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Whynter Air Conditioners Products Offered
10.15.5 Whynter Recent Development
10.16 Panasonic
10.16.1 Panasonic Company Information
10.16.2 Panasonic Introduction and Business Overview
10.16.3 Panasonic Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Panasonic Air Conditioners Products Offered
10.16.5 Panasonic Recent Development
10.17 Aux
10.17.1 Aux Company Information
10.17.2 Aux Introduction and Business Overview
10.17.3 Aux Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Aux Air Conditioners Products Offered
10.17.5 Aux Recent Development
10.18 Chigo
10.18.1 Chigo Company Information
10.18.2 Chigo Introduction and Business Overview
10.18.3 Chigo Air Conditioners Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Chigo Air Conditioners Products Offered
10.18.5 Chigo Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Air Conditioners Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Air Conditioners Industrial Chain Analysis
11.4 Air Conditioners Market Dynamics
11.4.1 Air Conditioners Industry Trends
11.4.2 Air Conditioners Market Drivers
11.4.3 Air Conditioners Market Challenges
11.4.4 Air Conditioners Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Air Conditioners Distributors
12.3 Air Conditioners Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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