Report overview
Air conditioning (often referred to as AC, A/C) is the process of removing heat and moisture from the interior of an occupied space, to improve the comfort of occupants. Air conditioning can be used in both domestic and commercial environments. This process is most commonly used to achieve a more comfortable interior environment, typically for humans and other animals; however, air conditioning is also used to cool/dehumidify rooms filled with heat-producing electronic devices, such as computer servers, power amplifiers, and even to display and store some delicate products, such as artwork.
This report aims to provide a comprehensive presentation of the global market for Air Conditioning Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Conditioning Systems. This report contains market size and forecasts of Air Conditioning Systems in global, including the following market information:
Global Air Conditioning Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Air Conditioning Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Air Conditioning Systems companies in 2022 (%)
The global Air Conditioning Systems market was valued at US$ 107830 million in 2022 and is projected to reach US$ 198290 million by 2029, at a CAGR of 9.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Air Conditioning Systems key players include Gree, Midea, Daikin, Haier, Johnson Controls?Hitachi, etc. Global top five manufacturers hold a share about 65%.
Asia-Pacific is the largest market, with a share about 65%, followed by North America and Europe, both have a share about 30 percent.
In terms of product, Split Air Conditioner is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential, followed by Commercial.
We surveyed the Air Conditioning Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Air Conditioning Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Conditioning Systems Market Segment Percentages, by Type, 2022 (%)
Split Air Conditioner
Vertical Air Conditioner
Chillers
Global Air Conditioning Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Conditioning Systems Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Global Air Conditioning Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Conditioning Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Air Conditioning Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Air Conditioning Systems revenues share in global market, 2022 (%)
Key companies Air Conditioning Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Air Conditioning Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Gree
Midea
Daikin
Haier
Johnson Controls?Hitachi
TCL
AUX
Mitsubishi Electric
Hisense
Toshiba Carrier
Trane
Changhong
Chigo
Sharp
Outline of Major Chapters:
Chapter 1: Introduces the definition of Air Conditioning Systems, market overview.
Chapter 2: Global Air Conditioning Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Air Conditioning Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Air Conditioning Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Air Conditioning Systems capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
