Air Conditioner Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Air conditioning market is expected to grow by $ 19.60 bn, accelerating at a CAGR of almost 3% during the forecast period.

As the demand for technologies to reduce carbon dioxide emissions and preserve the environment increases, companies are now developing more efficient and environmentally friendly air conditioning systems. The new air conditioning system contributes to fuel savings by reducing the power consumption of the compressor by 25% compared to conventional air conditioning systems. One of the key factors is growing customer expectations for better cooling.

Some of the key players dominating the air conditioning market include Denso Corporation (Japan), Hanon Systems (South Korea), Keihin Corporation (Japan), MAHLE GmBH (Germany), and Calsonic Kansei Corporation (Japan) among others.

By Product Type

• Window
• Split and Multi Split
• Packaged Air Conditioner (PAC)
• Variable Refrigerant Flow (VRF)
• Others (Chillers and Portables)

By Distribution Channel

• Multi-brand Stores
• Exclusive Stores
• Online
• Other Channels

End User

• Residential
• Commercial

Scope of the Report

The research study analyzes the global Air Conditioner industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Air Conditioner Market Report

1. What was the Air Conditioner Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Air Conditioner Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Air Conditioner Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.