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Global Air Conditioning (AC) Market 2024-2028

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    Report

  • 190 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5143028
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The air conditioning (AC) market is forecasted to grow by USD 14.8 billion during 2023-2028, accelerating at a CAGR of 2.15% during the forecast period. The report on the air conditioning (AC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in residential construction activity, product innovation leading to portfolio extension and product premiumization, and increasing demand for inverter air conditioners.

The air conditioning (AC) market is segmented as below:

By Product

  • Splits
  • Chillers
  • Airside
  • Others

By Distribution Channel

  • Offline
  • Online

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the increase in use of R32 refrigerant in split ACs as one of the prime reasons driving the air conditioning (AC) market growth during the next few years. Also, increased adoption of omnichannel distribution and multichannel marketing and introduction of smart hybrid air conditioners will lead to sizable demand in the market.

The report on the air conditioning (AC) market covers the following areas:

  • Air conditioning (AC) market sizing
  • Air conditioning (AC) market forecast
  • Air conditioning (AC) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air conditioning (AC) market vendors that include Blue Star Ltd., Daikin Industries Ltd., DeLonghi Group, Electrolux group, Emerson Electric Co., Fujitsu Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Honeywell International Inc., Johnson Controls International Plc., LG Electronics Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Trane Technologies Plc, Transform Holdco LLC, Toshiba Corp., Voltas Ltd., and Whirlpool Corp. Also, the air conditioning (AC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Air Conditioning (AC) Market 2018 - 2022
Historic Market Size - Data Table on Global Air Conditioning (AC) Market 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Splits - Market size and forecast 2023-2028
Chart on Splits - Market size and forecast 2023-2028 ($ billion)
Data Table on Splits - Market size and forecast 2023-2028 ($ billion)
Chart on Splits - Year-over-year growth 2023-2028 (%)
Data Table on Splits - Year-over-year growth 2023-2028 (%)
6.4 Chillers - Market size and forecast 2023-2028
Chart on Chillers - Market size and forecast 2023-2028 ($ billion)
Data Table on Chillers - Market size and forecast 2023-2028 ($ billion)
Chart on Chillers - Year-over-year growth 2023-2028 (%)
Data Table on Chillers - Year-over-year growth 2023-2028 (%)
6.5 Airside - Market size and forecast 2023-2028
Chart on Airside - Market size and forecast 2023-2028 ($ billion)
Data Table on Airside - Market size and forecast 2023-2028 ($ billion)
Chart on Airside - Year-over-year growth 2023-2028 (%)
Data Table on Airside - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ billion)
Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ billion)
Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 South Korea - Market size and forecast 2023-2028
Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Chart on South Korea - Year-over-year growth 2023-2028 (%)
Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Blue Star Ltd.
Blue Star Ltd. - Overview
Blue Star Ltd. - Business segments
Blue Star Ltd. - Key news
Blue Star Ltd. - Key offerings
Blue Star Ltd. - Segment focus
12.4 Daikin Industries Ltd.
Daikin Industries Ltd. - Overview
Daikin Industries Ltd. - Business segments
Daikin Industries Ltd. - Key news
Daikin Industries Ltd. - Key offerings
Daikin Industries Ltd. - Segment focus
12.5 DeLonghi Group
DeLonghi Group - Overview
DeLonghi Group - Business segments
DeLonghi Group - Key offerings
DeLonghi Group - Segment focus
12.6 Electrolux group
Electrolux group - Overview
Electrolux group - Business segments
Electrolux group - Key news
Electrolux group - Key offerings
Electrolux group - Segment focus
12.7 Fujitsu Ltd.
Fujitsu Ltd. - Overview
Fujitsu Ltd. - Business segments
Fujitsu Ltd. - Key news
Fujitsu Ltd. - Key offerings
Fujitsu Ltd. - Segment focus
12.8 Haier Smart Home Co. Ltd.
Haier Smart Home Co. Ltd. - Overview
Haier Smart Home Co. Ltd. - Business segments
Haier Smart Home Co. Ltd. - Key news
Haier Smart Home Co. Ltd. - Key offerings
Haier Smart Home Co. Ltd. - Segment focus
12.9 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
12.10 Johnson Controls International Plc.
Johnson Controls International Plc. - Overview
Johnson Controls International Plc. - Business segments
Johnson Controls International Plc. - Key news
Johnson Controls International Plc. - Key offerings
Johnson Controls International Plc. - Segment focus
12.11 LG Electronics Inc.
LG Electronics Inc. - Overview
LG Electronics Inc. - Product / Service
LG Electronics Inc. - Key news
LG Electronics Inc. - Key offerings
12.12 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key news
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
12.13 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
12.14 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
12.15 Transform Holdco LLC
Transform Holdco LLC - Overview
Transform Holdco LLC - Product / Service
Transform Holdco LLC - Key offerings
12.16 Toshiba Corp.
Toshiba Corp. - Overview
Toshiba Corp. - Business segments
Toshiba Corp. - Key news
Toshiba Corp. - Key offerings
Toshiba Corp. - Segment focus
12.17 Whirlpool Corp.
Whirlpool Corp. - Overview
Whirlpool Corp. - Business segments
Whirlpool Corp. - Key news
Whirlpool Corp. - Key offerings
Whirlpool Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Air Conditioning (AC) Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Product - Market share 2023-2028 (%)
Exhibits 33: Data Table on Product - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Product
Exhibits 35: Data Table on Comparison by Product
Exhibits 36: Chart on Splits - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Splits - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Splits - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Splits - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Chillers - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Chillers - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Chillers - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Chillers - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Airside - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Data Table on Airside - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Chart on Airside - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Airside - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Product ($ billion)
Exhibits 53: Data Table on Market opportunity by Product ($ billion)
Exhibits 54: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 55: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by Distribution Channel
Exhibits 57: Data Table on Comparison by Distribution Channel
Exhibits 58: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 66: Market opportunity by Distribution Channel ($ billion)
Exhibits 67: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 79: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibits 110: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibits 111: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
Exhibits 113: Market opportunity By Geographical Landscape ($ billion)
Exhibits 114: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 115: Impact of drivers and challenges in 2023 and 2028
Exhibits 116: Overview on criticality of inputs and factors of differentiation
Exhibits 117: Overview on factors of disruption
Exhibits 118: Impact of key risks on business
Exhibits 119: Companies covered
Exhibits 120: Matrix on companies position and classification
Exhibits 121: Blue Star Ltd. - Overview
Exhibits 122: Blue Star Ltd. - Business segments
Exhibits 123: Blue Star Ltd. - Key news
Exhibits 124: Blue Star Ltd. - Key offerings
Exhibits 125: Blue Star Ltd. - Segment focus
Exhibits 126: Daikin Industries Ltd. - Overview
Exhibits 127: Daikin Industries Ltd. - Business segments
Exhibits 128: Daikin Industries Ltd. - Key news
Exhibits 129: Daikin Industries Ltd. - Key offerings
Exhibits 130: Daikin Industries Ltd. - Segment focus
Exhibits 131: DeLonghi Group - Overview
Exhibits 132: DeLonghi Group - Business segments
Exhibits 133: DeLonghi Group - Key offerings
Exhibits 134: DeLonghi Group - Segment focus
Exhibits 135: Electrolux group - Overview
Exhibits 136: Electrolux group - Business segments
Exhibits 137: Electrolux group - Key news
Exhibits 138: Electrolux group - Key offerings
Exhibits 139: Electrolux group - Segment focus
Exhibits 140: Fujitsu Ltd. - Overview
Exhibits 141: Fujitsu Ltd. - Business segments
Exhibits 142: Fujitsu Ltd. - Key news
Exhibits 143: Fujitsu Ltd. - Key offerings
Exhibits 144: Fujitsu Ltd. - Segment focus
Exhibits 145: Haier Smart Home Co. Ltd. - Overview
Exhibits 146: Haier Smart Home Co. Ltd. - Business segments
Exhibits 147: Haier Smart Home Co. Ltd. - Key news
Exhibits 148: Haier Smart Home Co. Ltd. - Key offerings
Exhibits 149: Haier Smart Home Co. Ltd. - Segment focus
Exhibits 150: Honeywell International Inc. - Overview
Exhibits 151: Honeywell International Inc. - Business segments
Exhibits 152: Honeywell International Inc. - Key news
Exhibits 153: Honeywell International Inc. - Key offerings
Exhibits 154: Honeywell International Inc. - Segment focus
Exhibits 155: Johnson Controls International Plc. - Overview
Exhibits 156: Johnson Controls International Plc. - Business segments
Exhibits 157: Johnson Controls International Plc. - Key news
Exhibits 158: Johnson Controls International Plc. - Key offerings
Exhibits 159: Johnson Controls International Plc. - Segment focus
Exhibits 160: LG Electronics Inc. - Overview
Exhibits 161: LG Electronics Inc. - Product / Service
Exhibits 162: LG Electronics Inc. - Key news
Exhibits 163: LG Electronics Inc. - Key offerings
Exhibits 164: Mitsubishi Electric Corp. - Overview
Exhibits 165: Mitsubishi Electric Corp. - Business segments
Exhibits 166: Mitsubishi Electric Corp. - Key news
Exhibits 167: Mitsubishi Electric Corp. - Key offerings
Exhibits 168: Mitsubishi Electric Corp. - Segment focus
Exhibits 169: Panasonic Holdings Corp. - Overview
Exhibits 170: Panasonic Holdings Corp. - Business segments
Exhibits 171: Panasonic Holdings Corp. - Key news
Exhibits 172: Panasonic Holdings Corp. - Key offerings
Exhibits 173: Panasonic Holdings Corp. - Segment focus
Exhibits 174: Samsung Electronics Co. Ltd. - Overview
Exhibits 175: Samsung Electronics Co. Ltd. - Business segments
Exhibits 176: Samsung Electronics Co. Ltd. - Key news
Exhibits 177: Samsung Electronics Co. Ltd. - Key offerings
Exhibits 178: Samsung Electronics Co. Ltd. - Segment focus
Exhibits 179: Transform Holdco LLC - Overview
Exhibits 180: Transform Holdco LLC - Product / Service
Exhibits 181: Transform Holdco LLC - Key offerings
Exhibits 182: Toshiba Corp. - Overview
Exhibits 183: Toshiba Corp. - Business segments
Exhibits 184: Toshiba Corp. - Key news
Exhibits 185: Toshiba Corp. - Key offerings
Exhibits 186: Toshiba Corp. - Segment focus
Exhibits 187: Whirlpool Corp. - Overview
Exhibits 188: Whirlpool Corp. - Business segments
Exhibits 189: Whirlpool Corp. - Key news
Exhibits 190: Whirlpool Corp. - Key offerings
Exhibits 191: Whirlpool Corp. - Segment focus
Exhibits 192: Inclusions checklist
Exhibits 193: Exclusions checklist
Exhibits 194: Currency conversion rates for US$
Exhibits 195: Research methodology
Exhibits 196: Information sources
Exhibits 197: Data validation
Exhibits 198: Validation techniques employed for market sizing
Exhibits 199: Data synthesis
Exhibits 200: 360 degree market analysis
Exhibits 201: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global air conditioning (AC) market: Blue Star Ltd., Daikin Industries Ltd., DeLonghi Group, Electrolux group, Emerson Electric Co., Fujitsu Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Honeywell International Inc., Johnson Controls International Plc., LG Electronics Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Trane Technologies Plc, Transform Holdco LLC, Toshiba Corp., Voltas Ltd., and Whirlpool Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in use of R32 refrigerant in split ACs."

According to the report, one of the major drivers for this market is the rise in residential construction activity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Blue Star Ltd.
  • Daikin Industries Ltd.
  • DeLonghi Group
  • Electrolux group
  • Emerson Electric Co.
  • Fujitsu Ltd.
  • Haier Smart Home Co. Ltd.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Johnson Controls International Plc.
  • LG Electronics Inc.
  • MIDEA Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Panasonic Holdings Corp.
  • Samsung Electronics Co. Ltd.
  • Trane Technologies Plc
  • Transform Holdco LLC
  • Toshiba Corp.
  • Voltas Ltd.
  • Whirlpool Corp.