Global Air Conditioners Market By Product Type (Chillers, VRFs, Ductable Splits, Light Commercial Air Conditioners and Others), By Light Commercial Air Conditioners (High Wall Splits, Window Air Conditioners, Cassettes and Concealed Ductable Splits), By Region, Competition, Forecast Opportunities, 2026

Industry : Consumer Goods and Retail
Pages : 160
Published Date : July, 2021

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Summary

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Report Description

Global air conditioners market is expected to reach USD138.03 billion by 2026F growing at an CAGR of 4.42% during the forecast period. The global air conditioners market is mainly driven by booming construction sector, increasing replacement market, energy efficiency regulations and increasing technological advancements. Air conditioners are electrical appliances used to control humidity, ventilation, and temperature of a particular area. Based on product type, air conditioners can be segregated into chillers, VRFs, ductable splits, light commercial air conditioners and others. With the emergence of the e-commerce business and rising internet penetration rates around the world, manufacturers now have new ways to reach their customers. The online sales channel has enabled businesses to expand their distribution reach and serve customers in even the most remote areas, thereby supporting the global air conditioners market's growth. One of the major drivers of the global air conditioners market is rising GDP per capita income. It denotes an increase in consumer purchasing power as well as a higher standard of living. With rising GDP per capita income around the world, demand for air conditioners is expected to rise during the forecast period.

Due to the spread of novel coronavirus, health of every individual got affected and this pandemic has brought the debate on indoor air quality across the globe. Downfall in the hospitality sector along with low construction activities of hotels, restaurants, and guest houses has led to a sales decline of air conditioners across the globe, however, the market is projected to bounce back and register sales in 2021.

The global air conditioners market is segmented into product type, light commercial air conditioners market, region and company. In terms of product type, the global air conditioners market is segmented into Chillers, VRFs, Ductable Splits, Light Commercial Air Conditioners and Others. Out of these, light commercial air conditioners market has dominated the market with more than 75% market share in global air conditioners market in 2020 owing to their various advantages such as energy efficiency, lower running cost, easy availability and integration of latest technologies. Inverter-based split air conditioner is an emerging technology and is expected to gain popularity in the coming years on account of high level of energy efficiency and lower running cost.

Regionally, Asia-Pacific dominated the global air conditioners market in 2020 and is the leading market, followed by North America on account of growing middle class population base, rising temperatures due to climate change, growing commercial sector and increasing purchasing power of consumers. Moreover, increasing commercial, and residential construction activities in various APAC countries, especially India and China along with inclination of consumers towards lifestyle products is forecast to drive the APAC air conditioners market during 2016-2026F.

Some of the leading players in the global air conditioners market are Daikin Industries, Ltd., Gree Electric Appliances Inc., Carrier Global Corporation, Midea Group Co., Ltd., Samsung Electronics Co., Ltd. and others.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021E

Forecast Period: 2022F-2026F

Objective of the Study:

To analyze the historical growth in the market size of the global air conditioners market from 2016 to 2020.
To estimate and forecast the market size of the global air conditioners market from 2021E to 2026F and growth rate until 2026F.
To define, classify and forecast the global air conditioners market based on product type, light commercial air conditioners, region and company.
To identify the dominant region or segment in the global air conditioners market.
To identify drivers and challenges for the global air conditioners market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc. in the global air conditioners market.
To identify and analyze the profile of leading players operating in the global air conditioners market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe in air conditioners market.

TechSci Research calculated the market size of the global air conditioners market using a bottom-up & top-down approach, wherein data for various product type segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and light commercial air conditioners for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

· Air Conditioners manufacturers, suppliers, distributors and other stakeholders.

· Government bodies such as regulating authorities and policy makers.

· Market research and consulting firms.

· Organizations, forums and alliances related to air conditioners manufacturer.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global air conditioners market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Global Air Conditioners Market, By Product Type:

§ Light Commercial Air Conditioners

§ Ductable Splits

§ VRFs

§ Chillers

§ Others

· Global Air Conditioners Market, By Light Commercial Air Conditioners:

§ High Wall Splits

§ Window

§ Cassettes

§ Concealed Ductable Splits

• Global Air Conditioners Market, By Region:

o Asia-Pacific

§ China

§ Japan

§ India

§ Indonesia

§ Vietnam

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ Russia

§ Italy

§ France

§ Spain

§ United Kingdom

o Middle East & Africa

§ Saudi Arabia

§ Egypt

§ UAE

§ Turkey

o South America

§ Brazil

§ Argentina

§ Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global air conditioners market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

· Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Brand Awareness

4.2. Factors Affecting Purchasing Decision

4.3. Brand Satisfaction

4.4. Challenges Faced Post Purchasing

5. Global Air Conditioners Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Product Type (Chillers, VRFs, Ductable Splits, Light Commercial Air Conditioners and Others)

5.2.1.1. By Light Commercial Air Conditioners - By Product Type (High Wall Splits, Window Air Conditioners, Cassettes and Concealed Ductable Splits)

5.2.2. By Region

5.2.3. By Company (2020)

5.2.4. Market Map (By Product Type, By Region)

6. Asia-Pacific Air Conditioners Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Product Type

6.2.1.1. By Light Commercial Air Conditioners Market Share- Product Type

6.2.2. By Country

6.2.2.1. China Air Conditioners Market Outlook

6.2.2.1.1. Market Size & Forecast

6.2.2.1.1.1. By Value & Volume

6.2.2.1.2. Market Share & Forecast

6.2.2.1.2.1. By Product Type

6.2.2.1.2.2. By End Use Sector

6.2.2.2. Japan Air Conditioners Market Outlook

6.2.2.2.1. Market Size & Forecast

6.2.2.2.1.1. By Value & Volume

6.2.2.2.2. Market Share & Forecast

6.2.2.2.2.1. By Product Type

6.2.2.2.2.2. By End Use Sector

6.2.2.3. India Air Conditioners Market Outlook

6.2.2.3.1. Market Size & Forecast

6.2.2.3.1.1. By Value & Volume

6.2.2.3.2. Market Share & Forecast

6.2.2.3.2.1. By Product Type

6.2.2.3.2.2. By End Use Sector

6.2.2.4. Indonesia Air Conditioners Market Outlook

6.2.2.4.1. Market Size & Forecast

6.2.2.4.1.1. By Value & Volume

6.2.2.4.2. Market Share & Forecast

6.2.2.4.2.1. By Product Type

6.2.2.4.2.2. By End Use Sector

6.2.2.5. Vietnam Air Conditioners Market Outlook

6.2.2.5.1. Market Size & Forecast

6.2.2.5.1.1. By Value & Volume

6.2.2.5.2. Market Share & Forecast

6.2.2.5.2.1. By Product Type

6.2.2.5.2.2. By End Use Sector

7. North America Air Conditioners Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.1.1. By Light Commercial Air Conditioners Market Share- Product Type

7.2.2. By Country

7.2.2.1. United States Air Conditioners Market Outlook

7.2.2.1.1. Market Size & Forecast

7.2.2.1.1.1. By Value & Volume

7.2.2.1.2. Market Share & Forecast

7.2.2.1.2.1. By Product Type

7.2.2.1.2.2. By End Use Sector

7.2.2.2. Canada Air Conditioners Market Outlook

7.2.2.2.1. Market Size & Forecast

7.2.2.2.1.1. By Value & Volume

7.2.2.2.2. Market Share & Forecast

7.2.2.2.2.1. By Product Type

7.2.2.2.2.2. By End Use Sector

7.2.2.3. Mexico Air Conditioners Market Outlook

7.2.2.3.1. Market Size & Forecast

7.2.2.3.1.1. By Value & Volume

7.2.2.3.2. Market Share & Forecast

7.2.2.3.2.1. By Product Type

7.2.2.3.2.2. By End Use Sector

8. Europe Air Conditioners Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.1.1. By Light Commercial Air Conditioners Market Share- Product Type

8.2.2. By Country

8.2.2.1. Russia Air Conditioners Market Outlook

8.2.2.1.1. Market Size & Forecast

8.2.2.1.1.1. By Value & Volume

8.2.2.1.2. Market Share & Forecast

8.2.2.1.2.1. By Product Type

8.2.2.1.2.2. By End Use Sector

8.2.2.2. Italy Air Conditioners Market Outlook

8.2.2.2.1. Market Size & Forecast

8.2.2.2.1.1. By Value & Volume

8.2.2.2.2. Market Share & Forecast

8.2.2.2.2.1. By Product Type

8.2.2.2.2.2. By End Use Sector

8.2.2.3. France Air Conditioners Market Outlook

8.2.2.3.1. Market Size & Forecast

8.2.2.3.1.1. By Value & Volume

8.2.2.3.2. Market Share & Forecast

8.2.2.3.2.1. By Product Type

8.2.2.3.2.2. By End Use Sector

8.2.2.4. Spain Air Conditioners Market Outlook

8.2.2.4.1. Market Size & Forecast

8.2.2.4.1.1. By Value & Volume

8.2.2.4.2. Market Share & Forecast

8.2.2.4.2.1. By Product Type

8.2.2.4.2.2. By End Use Sector

8.2.2.5. United Kingdom Air Conditioners Market Outlook

8.2.2.5.1. Market Size & Forecast

8.2.2.5.1.1. By Value & Volume

8.2.2.5.2. Market Share & Forecast

8.2.2.5.2.1. By Product Type

8.2.2.5.2.2. By End Use Sector

9. Middle East & Africa Air Conditioners Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.1.1. By Light Commercial Air Conditioners Market Share- Product Type

9.2.2. By Country

9.2.2.1. Saudi Arabia Air Conditioners Market Outlook

9.2.2.1.1. Market Size & Forecast

9.2.2.1.1.1. By Value & Volume

9.2.2.1.2. Market Share & Forecast

9.2.2.1.2.1. By Product Type

9.2.2.1.2.2. By End Use Sector

9.2.2.2. Egypt Air Conditioners Market Outlook

9.2.2.2.1. Market Size & Forecast

9.2.2.2.1.1. By Value & Volume

9.2.2.2.2. Market Share & Forecast

9.2.2.2.2.1. By Product Type

9.2.2.2.2.2. By End Use Sector

9.2.2.3. UAE Air Conditioners Market Outlook

9.2.2.3.1. Market Size & Forecast

9.2.2.3.1.1. By Value & Volume

9.2.2.3.2. Market Share & Forecast

9.2.2.3.2.1. By Product Type

9.2.2.3.2.2. By End Use Sector

9.2.2.4. Turkey Air Conditioners Market Outlook

9.2.2.4.1. Market Size & Forecast

9.2.2.4.1.1. By Value & Volume

9.2.2.4.2. Market Share & Forecast

9.2.2.4.2.1. By Product Type

9.2.2.4.2.2. By End Use Sector

10. South America Air Conditioners Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.1.1. By Light Commercial Air Conditioners Market Share- Product Type

10.2.2. By Country

10.2.2.1. Brazil Air Conditioners Market Outlook

10.2.2.1.1. Market Size & Forecast

10.2.2.1.1.1. By Value & Volume

10.2.2.1.2. Market Share & Forecast

10.2.2.1.2.1. By Product Type

10.2.2.1.2.2. By End Use Sector

10.2.2.2. Argentina Air Conditioners Market Outlook

10.2.2.2.1. Market Size & Forecast

10.2.2.2.1.1. By Value & Volume

10.2.2.2.2. Market Share & Forecast

10.2.2.2.2.1. By Product Type

10.2.2.2.2.2. By End Use Sector

10.2.2.3. Colombia Air Conditioners Market Outlook

10.2.2.3.1. Market Size & Forecast

10.2.2.3.1.1. By Value & Volume

10.2.2.3.2. Market Share & Forecast

10.2.2.3.2.1. By Product Type

10.2.2.3.2.2. By End Use Sector

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Impact of COVID-19 on Global Air Conditioners Market

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2. Company Profiles

14.2.1. Daikin Industries, Ltd.

14.2.2. Gree Electric Appliances Inc.

14.2.3. Carrier Global Corporation

14.2.4. Midea Group Co., Ltd.

14.2.5. Samsung Electronics Co. Ltd.

14.2.6. Panasonic Corporation

14.2.7. Mitsubishi Electric Corporation

14.2.8. Johnson Controls-Hitachi Air Conditioning Limited

14.2.9. Toshiba Corporation

14.2.10. Trane Technologies plc

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

List of Figures:

Figure 1: Global Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 2: Global Population (Million), 2015-2019

Figure 3: Global Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 4: Global Air Conditioners Market Share, By Product Type, By Volume, 2016-2026F

Figure 5: Global Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 6: Global Air Conditioners Market Share, By Region, By Value, 2020 & 2026F

Figure 7: Global Air Conditioners Market Share, By Company, By Value, 2020

Figure 8: Global Air Conditioners Market Map, By Product Type, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 9: Global Air Conditioners Market Map, By Region, Market Size (USD Billion) & Growth Rate (%), 2020

Figure 10: Asia-Pacific Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 11: Asia-Pacific Country-wise Population (Million) for the year 2019

Figure 12: Asia-Pacific Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 13: Asia-Pacific Air Conditioners Market Share, By Product Type, By Volume, 2016-2026F

Figure 14: Asia-Pacific Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 15: Asia-Pacific Air Conditioners Market Share, By Country, By Value, 2016-2026F

Figure 16: China Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 17: China Population, 2015-2019 (Million)

Figure 18: China Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 19: China Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 20: China Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 21: China Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 22: Japan Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 23: Japan Population, 2015-2019 (Million)

Figure 24: Japan Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 25: Japan Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 26: Japan Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 27: Japan Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 28: India Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 29: India Population, 2015-2019 (Million)

Figure 30: India Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 31: India Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 32: India Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 33: India Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 34: Indonesia Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 35: Indonesia Population, 2015-2019 (Million)

Figure 36: Indonesia Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 37: Indonesia Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 38: Indonesia Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 39: Indonesia Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 40: Vietnam Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 41: Vietnam Population, 2015-2019 (Million)

Figure 42: Vietnam Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 43: Vietnam Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 44: Vietnam Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 45: Vietnam Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 46: North America Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 47: North America Population (Million), By Country, 2016-2019

Figure 48: North America Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 49: North America Air Conditioners Market Share, By Product Type, By Volume, 2016-2026F

Figure 50: North America Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 51: North America Air Conditioners Market Share, By Country, By Value, 2016-2026F

Figure 52: United States Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 53: United States Population, 2015-2019 (Million)

Figure 54: United States Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 55: United States Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 56: United States Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 57: United States Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 58: Canada Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 59: Canada Population, 2015-2019 (Million)

Figure 60: Canada Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 61: Canada Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 62: Canada Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 63: Canada Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 64: Mexico Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 65: Mexico Population, 2015-2019 (Million)

Figure 66: Mexico Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 67: Mexico Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 68: Mexico Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 69: Mexico Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 70: Europe Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 71: Europe Population (Million), 2015-2019

Figure 72: Europe Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 73: Europe Air Conditioners Market Share, By Product Type, By Volume, 2016-2026F

Figure 74: Europe Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 75: Europe Air Conditioners Market Share, By Country, By Value, 2016-2026F

Figure 76: Russia Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 77: Russia Population, 2015-2019 (Million)

Figure 78: Russia Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 79: Russia Light Commercial Air Conditioners Market Share, By Product Type, By Value, 20120 & 2026F

Figure 80: Russia Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 81: Russia Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 82: Italy Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 83: Italy Population, 2015-2019 (Million)

Figure 84: Italy Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 85: Italy Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 86: Italy Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 87: Italy Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 88: France Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 89: France Population, 2015-2019 (Million)

Figure 90: France Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 91: France Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 92: France Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 93: France Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 94: Spain Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 95: Spain Population, 2015-2019 (Million)

Figure 96: Spain Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 97: Spain Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 98: Spain Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 99: Spain Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 100: United Kingdom Air Conditioners Market Size, By Value (USD Million), By Volume (Million Units), 2016-2026F

Figure 101: United Kingdom Population, 2015-2019 (Million)

Figure 102: United Kingdom Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 103: United Kingdom Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 104: United Kingdom Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 105: United Kingdom Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 106: Middle East & Africa Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 107: Middle East & North Africa Population, 2015-2019 (Million)

Figure 108: Middle East & Africa Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 109: Middle East & Africa Air Conditioners Market Share, By Product Type, By Volume, 2016-2026F

Figure 110: Middle East & Africa Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2016-2026F

Figure 111: Middle East & Africa Air Conditioners Market Share, By Country, By Value, 2016-2026F

Figure 112: Saudi Arabia Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 113: Saudi Arabia Population, 2015-2019 (Million)

Figure 114: Saudi Arabia Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 115: Saudi Arabia Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 116: Saudi Arabia Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 117: Saudi Arabia Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 118: Egypt Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 119: Egypt Population, 2015-2019 (Million)

Figure 120: Egypt Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 121: Egypt Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 122: Egypt Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 123: Egypt Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 124: UAE Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 125: UAE Population, 2015-2019 (Million)

Figure 126: UAE Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 127: UAE Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 128: UAE Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 129: UAE Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 130: Turkey Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 131: Turkey Population, 2015-2019 (Million)

Figure 132: Turkey Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 133: Turkey Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 134: Turkey Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 135: Turkey Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 136: South America Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 137: South America Population (Million), By Select Country, 2015-2019

Figure 138: South America Air Conditioners Market Share, By Product Type, By Value, 2020-2026F

Figure 139: South America Air Conditioners Market Share, By Product Type, By Volume, 2020-2026F

Figure 140: South America Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020-2026F

Figure 141: South America Air Conditioners Market Share, By Country, By Value, 2020-2026F

Figure 142: Brazil Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 143: Brazil Population, 2015-2019 (Million)

Figure 144: Brazil Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 145: Brazil Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 146: Brazil Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 147: Brazil Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 148: Argentina Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 149: Argentina Population, 2015-2019 (Million)

Figure 150: Argentina Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 151: Argentina Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 152: Argentina Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 153: Argentina Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 154: Colombia Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2016-2026F

Figure 155: Colombia Population, 2015-2019 (Million)

Figure 156: Colombia Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 157: Colombia Light Commercial Air Conditioners Market Share, By Product Type, By Value, 2020 & 2026F

Figure 158: Colombia Air Conditioners Market Share, By End Use Sector, By Value, 2020 & 2026F

Figure 159: Colombia Air Conditioners Commercial End Use Market Share, By End Use Sector, By Value, 2020 & 2026F

Frequently asked questions

What is the impact of COVID-19 on global air conditioners market?

The spread of novel coronaviruses has harmed everyone's health, and this pandemic has sparked a global debate about indoor air quality. Furthermore, the decline in the hospitality sector, combined with low construction activity of hotels, restaurants, and guest houses, has resulted in a global sales decline of air conditioners.

Why light commercial air conditioners are more in demand?

High wall splits, window air conditioners, concealed ductable splits, and cassette air conditioners are examples of light commercial air conditioners. Split air conditioners dominate the global light commercial air conditioners market due to numerous benefits such as energy efficiency, lower operating costs, ease of availability, and integration of cutting-edge technologies.

Who are the top 10 players in the global air conditioners market?

The top 10 players in the air conditioners market are Daikin Industries, Ltd., Gree Electric Appliances Inc., Carrier Global Corporation, Midea Group Co., Ltd., Samsung Electronics Co., Ltd., Panasonic Corporation, Mitsubishi Electric Corporation, Johnson Controls-Hitachi Air Conditioning Limited, Toshiba Corporation, and Trane Technologies plc.

Which region is the largest in the global air conditioners market?

Asia-Pacific is the largest region in the global air conditioners market as air conditioners are in high demand in countries with large populations, such as China, Japan, and India. Changing climatic conditions, combined with a growing consumer preference for lifestyle-oriented products, have fueled the growth of the Asia-Pacific air conditioners market over the years.

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Parvati Sharma

Account Manager BD

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Press Release

Global Air Conditioners Market to be Valued USD138.03 Billion by 2026F

Jul, 2021

Increasing GDP per capita income, rapid urbanization, technological advancements, is expected to drive the growth of the global air conditioners market.