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Smart Air Conditioners Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5953249
The smart air conditioners market size has grown rapidly in recent years. It will grow from $16.72 billion in 2023 to $18.74 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth observed in the historical period can be attributed to factors such as the growing consumer awareness of health and wellness, increasing urbanization, rising consumer demand for comfort, elevated living standards, and the development of energy-efficient and eco-friendly air conditioning solutions. These elements collectively contributed to the expansion of the market for smart air conditioners.

The smart air conditioners market size is expected to see rapid growth in the next few years. It will grow to $29.04 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The anticipated growth in the forecast period for smart air conditioners can be attributed to factors such as the expansion of the construction sector, the increasing popularity of smart homes, the rise in disposable income among consumers, growing consumer demand, and the increasing adoption across commercial sectors. Key trends expected in the forecast period include the integration of AI-driven features, advanced IoT connectivity, technological advancements, the development of new products, and the implementation of user-friendly interfaces in smart air conditioning systems.

The anticipated growth in the construction sector is poised to drive the expansion of the smart air conditioner market. The construction industry encompasses various activities related to planning, designing, constructing, and maintaining buildings, infrastructure, and other physical structures. The sector is witnessing growth fueled by increased infrastructure investment, urbanization trends, and the demand for sustainable building solutions. As the construction sector engages in residential, commercial, and industrial projects, there is a heightened demand for HVAC (Heating, Ventilation, and Air Conditioning) systems, including smart air conditioners, to ensure comfortable indoor environments. Modern construction projects often incorporate advanced amenities and technologies, including smart home features, leading to increased adoption of smart air conditioners. According to a report from the Office for National Statistics in August 2023, the estimated monthly construction output witnessed a 1.6% increase in volume in June 2023, driven by rises in both new construction work (2%) and repair and maintenance activities (1.1%). The quarterly data for April to June 2023 showed a 0.3% increase in construction output, primarily influenced by the performance in June 2023. Hence, the burgeoning construction sector is a key driver for the growth of the smart air conditioner market.

Prominent companies in the smart air conditioner market are investing in advanced technologies, including real-time humidity sensors, to provide customers with enhanced features. Real-time humidity sensors are electronic devices that measure and report the relative humidity (RH) of the air or determine the amount of water vapor in gas in real time. For example, in January 2021, Lloyd, a brand owned by Havells India Limited, launched the Intelli-Logic smart air conditioners, featuring patented technology tailored for humid coastal climates. The smart air conditioner autonomously regulates RH levels to 40% to 55%, ensuring a consistently comfortable environment. Operating in real time, it adapts to ambient conditions for effective cooling, even in temperatures reaching up to 52 degrees Celsius. With a 10-meter-long air throw and intelligent 4-way swing, it provides uniform cooling across every room corner.

In July 2022, Carrier Global Corporation, a US-based HVAC system manufacturer, acquired the residential and light commercial HVAC business division of Toshiba Corporation for an undisclosed amount. This strategic acquisition positions Carrier to tap into substantial growth opportunities in the VRF (Variable Refrigerant Flow) and heat pump sectors, known for their energy efficiency. It strengthens Carrier's commitment to delivering innovative solutions for a greener future. Toshiba Corporation, a Japan-based manufacturer, adds valuable expertise and products to Carrier's portfolio in the smart air conditioner market.

Major companies operating in the smart air conditioners market report are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Midea Group Co. Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Gree Electric Appliances Inc., Daikin Industries Ltd., Johnson Controls International plc, Fujitsu General Ltd., Carrier Global Corporation, Whirlpool Corporation, Trane Technologies Plc, Electrolux AB, AUX Group Co. Ltd., Godrej Industries Limited, Lennox International Inc., Hisense Kelon Electrical Holdings Company Limited, Havells India Limited, Rheem Manufacturing Company, Blue Star Limited, Voltas Limited, Chigo Holding Ltd., Friedrich Air Conditioning Co. Ltd., Chunlan Group, Videocon Industries Limited, Bryant Ltd.

Asia-Pacific was the largest region in the smart air conditioner market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the smart air conditioners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart air conditioners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A smart air conditioner is an air conditioning unit that incorporates smart technology, enabling remote control and monitoring through devices such as smartphones, tablets, or other smart devices. This technology empowers users to adjust temperature settings, schedule operation times, and monitor energy usage from any location, providing greater convenience and control over the air conditioning system.

The primary product categories of smart air conditioners include split, window, portable, and other types. A split air conditioner is a system comprising two main components, an outdoor unit housing the compressor and condenser, and an indoor unit containing the evaporator coil and air handling unit. Various types of connectivity, such as Wi-Fi and Bluetooth, are involved in these smart air conditioning systems. These products find applications in diverse settings, including residential buildings, industrial buildings, and commercial buildings.

The smart air conditioners market research report is one of a series of new reports that provides smart air conditioners market statistics, including smart air conditioners industry global market size, regional shares, competitors with smart air conditioners market share, detailed smart air conditioners market segments, market trends, and opportunities, and any further data you may need to thrive in the smart air conditioners industry. This smart air conditioners market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The smart air conditioner market consists of sales of ductless mini-split, geothermal air conditioning system, hybrid or dual fuel air conditioner and evaporator coolers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Smart Air Conditioners Market Characteristics3. Smart Air Conditioners Market Trends And Strategies
4. Smart Air Conditioners Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Smart Air Conditioners Market Size and Growth
5.1. Global Smart Air Conditioners Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Smart Air Conditioners Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Smart Air Conditioners Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Smart Air Conditioners Market Segmentation
6.1. Global Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Split
  • Window
  • Portable
  • Other Types
6.2. Global Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Wi-Fi
  • Bluetooth
  • Other Connectivity
6.3. Global Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Residential Buildings
  • Industrial Buildings
  • Commercial Buildings
7. Smart Air Conditioners Market Regional And Country Analysis
7.1. Global Smart Air Conditioners Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Smart Air Conditioners Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Smart Air Conditioners Market
8.1. Asia-Pacific Smart Air Conditioners Market Overview
(Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Smart Air Conditioners Market
9.1. China Smart Air Conditioners Market Overview
9.2. China Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Smart Air Conditioners Market
10.1. India Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Smart Air Conditioners Market
11.1. Japan Smart Air Conditioners Market Overview
11.2. Japan Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Smart Air Conditioners Market
12.1. Australia Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Smart Air Conditioners Market
13.1. Indonesia Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Smart Air Conditioners Market
14.1. South Korea Smart Air Conditioners Market Overview
14.2. South Korea Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Smart Air Conditioners Market
15.1. Western Europe Smart Air Conditioners Market Overview
15.2. Western Europe Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Smart Air Conditioners Market
16.1. UK Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Smart Air Conditioners Market
17.1. Germany Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Smart Air Conditioners Market
18.1. France Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Smart Air Conditioners Market
19.1. Italy Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Smart Air Conditioners Market
20.1. Spain Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Smart Air Conditioners Market
21.1. Eastern Europe Smart Air Conditioners Market Overview
21.2. Eastern Europe Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Smart Air Conditioners Market
22.1. Russia Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Smart Air Conditioners Market
23.1. North America Smart Air Conditioners Market Overview
23.2. North America Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Smart Air Conditioners Market
24.1. USA Smart Air Conditioners Market Overview
24.2. USA Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Smart Air Conditioners Market
25.1. Canada Smart Air Conditioners Market Overview
25.2. Canada Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Smart Air Conditioners Market
26.1. South America Smart Air Conditioners Market Overview
26.2. South America Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Smart Air Conditioners Market
27.1. Brazil Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Smart Air Conditioners Market
28.1. Middle East Smart Air Conditioners Market Overview
28.2. Middle East Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Smart Air Conditioners Market
29.1. Africa Smart Air Conditioners Market Overview
29.2. Africa Smart Air Conditioners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Smart Air Conditioners Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Smart Air Conditioners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Smart Air Conditioners Market Competitive Landscape And Company Profiles
30.1. Smart Air Conditioners Market Competitive Landscape
30.2. Smart Air Conditioners Market Company Profiles
30.2.1. Samsung Electronics Co. Ltd.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Robert Bosch GmbH
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Hitachi Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. LG Electronics Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Panasonic Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Smart Air Conditioners Market Other Major And Innovative Companies
31.1. Haier Group Corporation
31.2. Midea Group Co. Ltd.
31.3. Mitsubishi Electric Corporation
31.4. Toshiba Corporation
31.5. Gree Electric Appliances Inc.
31.6. Daikin Industries Ltd.
31.7. Johnson Controls International plc
31.8. Fujitsu General Ltd.
31.9. Carrier Global Corporation
31.10. Whirlpool Corporation
31.11. Trane Technologies Plc
31.12. Electrolux AB
31.13. AUX Group Co. Ltd.
31.14. Godrej Industries Limited
31.15. Lennox International Inc.
32. Global Smart Air Conditioners Market Competitive Benchmarking33. Global Smart Air Conditioners Market Competitive Dashboard34. Key Mergers And Acquisitions In The Smart Air Conditioners Market
35. Smart Air Conditioners Market Future Outlook and Potential Analysis
35.1 Smart Air Conditioners Market In 2028 - Countries Offering Most New Opportunities
35.2 Smart Air Conditioners Market In 2028 - Segments Offering Most New Opportunities
35.3 Smart Air Conditioners Market In 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Smart Air Conditioners Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on smart air conditioners market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for smart air conditioners ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart air conditioners market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Split; Window; Portable; Other Types
2) By Connectivity: Wi-Fi; Bluetooth; Other Connectivities
3) By Application: Residential; Buildings; Industrial Buildings; Commercial Buildings

Key Companies Mentioned: Samsung Electronics Co. Ltd.; Robert Bosch GmbH; Hitachi Ltd.; LG Electronics Inc.; Panasonic Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Samsung Electronics Co. Ltd.
  • Robert Bosch GmbH
  • Hitachi Ltd.
  • LG Electronics Inc.
  • Panasonic Corporation
  • Haier Group Corporation
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corporation
  • Toshiba Corporation
  • Gree Electric Appliances Inc.
  • Daikin Industries Ltd.
  • Johnson Controls International plc
  • Fujitsu General Ltd.
  • Carrier Global Corporation
  • Whirlpool Corporation
  • Trane Technologies Plc
  • Electrolux AB
  • AUX Group Co. Ltd.
  • Godrej Industries Limited
  • Lennox International Inc.
  • Hisense Kelon Electrical Holdings Company Limited
  • Havells India Limited
  • Rheem Manufacturing Company
  • Blue Star Limited
  • Voltas Limited
  • Chigo Holding Ltd.
  • Friedrich Air Conditioning Co. Ltd.
  • Chunlan Group
  • Videocon Industries Limited
  • Bryant Ltd

Methodology

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