Air Conditioning (AC) Systems Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 47.02

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2024 Year-over-Year Growth

6.32%

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CAGR (2024-2028)

6.46%

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Report Coverage

Global

Air Conditioning Systems Market Segmentation

Market Segmentation & Scope
End-user
Residential Commercial Industrial
Technology
Inverter Non-inverter

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

51%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by End-user into Residential, Commercial, Industrial

The Residential is expected to be largest growing segment during 2024-2028

Largest Segment - Residential

US$ 227.80 Bn

Air Conditioning Systems Market by End-user into Residential; 2018-2028 (US$ Bn)

Residential Market Revenue and Forecast 2018-2028 (US$ Bn)

Residential

  • Residential Market Size and Forecast 2018 to 2028 (US$ Bn)

Air Conditioning Systems Market by End-user into Commercial; 2018-2028 (US$ Bn)

Commercial Market Revenue and Forecast 2018-2028 (US$ Bn)

Commercial

  • Commercial Market Size and Forecast 2018 to 2028 (US$ Bn)

Air Conditioning Systems Market by End-user into Industrial; 2018-2028 (US$ Bn)

Industrial Market Revenue and Forecast 2018-2028 (US$ Bn)

Industrial

  • Industrial Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Technology into Inverter, Non-inverter

The Inverter is expected to be largest growing segment during 2024-2028

Largest Segment - Inverter

US$ 364.05 Bn

Air Conditioning Systems Market Size by Segmentation, by Technology (US$ Bn)

Technology 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Inverter 65.58 XX XX XX XX XX XX XX XX XX XX XX
Non-inverter XX 34.33 XX XX XX XX XX XX XX XX XX XX

Air Conditioning Systems Market by Technology into Inverter; 2018-2028 (US$ Bn)

Inverter Market Revenue and Forecast 2018-2028 (US$ Bn)

Inverter

  • Inverter Market Size and Forecast 2018 to 2028 (US$ Bn)

Air Conditioning Systems Market by Technology into Non-inverter; 2018-2028 (US$ Bn)

Non-inverter Market Revenue and Forecast 2018-2028 (US$ Bn)

Non-inverter

  • Non-inverter Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into APAC, Europe, North America, Middle East and Africa, South America

The APAC is estimated to contribute 51% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

51%

Regional share of different regions, including APAC, Europe, North America, Middle East and Africa

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 46.31 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 25.90 XX XX XX XX XX XX XX XX XX XX
North America XX XX 20.90 XX XX XX XX XX XX XX XX XX
Middle East and Africa XX XX XX 5.28 5.62 XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX XX

Air Conditioning Systems Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Country into Japan; 2018-2028 (US$ Bn)

Japan Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Country into Germany; 2018-2028 (US$ Bn)

Germany Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Country into UK; 2018-2028 (US$ Bn)

UK Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Air Conditioning Systems Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Alfa Laval ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Carrier Global Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daikin Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electrolux ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Emerson Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Gree Electric Appliances Inc. of ZhuhaiView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Haier Smart Home Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hisense International Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Johnson Controls International PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LG Electronics Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Panasonic Holdings Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sharp Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Midea Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Trane Technologies plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Whirlpool Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Air Conditioning Systems Market Scope

  1. By End-user
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By End-user, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By End-user, 2024 to 2028
      1. Residential
      2. Commercial
      3. Industrial
    4. Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
    5. Absolute $ Opportunity Analysis By End-user, 2024 to 2028
  2. By Technology
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Technology, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Technology, 2024 to 2028
      1. Inverter
      2. Non-inverter
    4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Technology, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. Middle East and Africa
      5. South America
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
    4. By End-user
    5. By Technology
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. UK
    4. By End-user
    5. By Technology
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By End-user
    5. By Technology
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By End-user
    4. By Technology
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By End-user
    4. By Technology

Major Companies

Market companies

Name Profile Employees Headquarters Website
Alfa Laval ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Carrier Global Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daikin Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electrolux ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Emerson Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Gree Electric Appliances Inc. of ZhuhaiView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Haier Smart Home Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hisense International Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Johnson Controls International PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LG Electronics Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Panasonic Holdings Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Sharp Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Midea Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Trane Technologies plcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Whirlpool Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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