Air Conditioner Industry Research Report 2025

Summary


Air conditioners are air conditioners.Refers to the process of adjusting and controlling the temperature, humidity, cleanliness, speed and other parameters of the ambient air in a building/structure by artificial means.Generally includes cold source/heat source equipment, cold and hot medium transmission and distribution system, terminal equipment and other auxiliary equipment.It mainly includes water pump, fan and piping system.The terminal device is responsible for using the cold heat from the distribution to specifically treat the air, so that the air parameters of the target environment meet the requirements.

According to APO Research, The global Air Conditioner market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Air Conditioner is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Air Conditioner is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Air Conditioner is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Air Conditioner include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Air Conditioner, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Conditioner.

The report will help the Air Conditioner manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Air Conditioner market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Air Conditioner market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Air Conditioner Segment by Company

Gree
Midea
Daikin
Haier
Hisense
Chigo
TCL
Panasonic
AUX
Mitsubishi
Johnson Control
Carrier
Trane
Whirlpool
ChongHong
Air Conditioner Segment by Type

Invariable Frequency Air Condition
Frequency Conversion Air Conditioning
Air Conditioner Segment by Application

Household
Commercial Use
Air Conditioner Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Air Conditioner market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Air Conditioner and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Air Conditioner.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Air Conditioner manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Air Conditioner by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Air Conditioner in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Air Conditioner by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Invariable Frequency Air Condition
2.2.3 Frequency Conversion Air Conditioning
2.3 Air Conditioner by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Household
2.3.3 Commercial Use
2.4 Global Market Growth Prospects
2.4.1 Global Air Conditioner Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Air Conditioner Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Air Conditioner Production Estimates and Forecasts (2020-2031)
2.4.4 Global Air Conditioner Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Air Conditioner Production by Manufacturers (2020-2025)
3.2 Global Air Conditioner Production Value by Manufacturers (2020-2025)
3.3 Global Air Conditioner Average Price by Manufacturers (2020-2025)
3.4 Global Air Conditioner Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Air Conditioner Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Air Conditioner Manufacturers, Product Type & Application
3.7 Global Air Conditioner Manufacturers Established Date
3.8 Global Air Conditioner Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Gree
4.1.1 Gree Air Conditioner Company Information
4.1.2 Gree Air Conditioner Business Overview
4.1.3 Gree Air Conditioner Production, Value and Gross Margin (2020-2025)
4.1.4 Gree Product Portfolio
4.1.5 Gree Recent Developments
4.2 Midea
4.2.1 Midea Air Conditioner Company Information
4.2.2 Midea Air Conditioner Business Overview
4.2.3 Midea Air Conditioner Production, Value and Gross Margin (2020-2025)
4.2.4 Midea Product Portfolio
4.2.5 Midea Recent Developments
4.3 Daikin
4.3.1 Daikin Air Conditioner Company Information
4.3.2 Daikin Air Conditioner Business Overview
4.3.3 Daikin Air Conditioner Production, Value and Gross Margin (2020-2025)
4.3.4 Daikin Product Portfolio
4.3.5 Daikin Recent Developments
4.4 Haier
4.4.1 Haier Air Conditioner Company Information
4.4.2 Haier Air Conditioner Business Overview
4.4.3 Haier Air Conditioner Production, Value and Gross Margin (2020-2025)
4.4.4 Haier Product Portfolio
4.4.5 Haier Recent Developments
4.5 Hisense
4.5.1 Hisense Air Conditioner Company Information
4.5.2 Hisense Air Conditioner Business Overview
4.5.3 Hisense Air Conditioner Production, Value and Gross Margin (2020-2025)
4.5.4 Hisense Product Portfolio
4.5.5 Hisense Recent Developments
4.6 Chigo
4.6.1 Chigo Air Conditioner Company Information
4.6.2 Chigo Air Conditioner Business Overview
4.6.3 Chigo Air Conditioner Production, Value and Gross Margin (2020-2025)
4.6.4 Chigo Product Portfolio
4.6.5 Chigo Recent Developments
4.7 TCL
4.7.1 TCL Air Conditioner Company Information
4.7.2 TCL Air Conditioner Business Overview
4.7.3 TCL Air Conditioner Production, Value and Gross Margin (2020-2025)
4.7.4 TCL Product Portfolio
4.7.5 TCL Recent Developments
4.8 Panasonic
4.8.1 Panasonic Air Conditioner Company Information
4.8.2 Panasonic Air Conditioner Business Overview
4.8.3 Panasonic Air Conditioner Production, Value and Gross Margin (2020-2025)
4.8.4 Panasonic Product Portfolio
4.8.5 Panasonic Recent Developments
4.9 AUX
4.9.1 AUX Air Conditioner Company Information
4.9.2 AUX Air Conditioner Business Overview
4.9.3 AUX Air Conditioner Production, Value and Gross Margin (2020-2025)
4.9.4 AUX Product Portfolio
4.9.5 AUX Recent Developments
4.10 Mitsubishi
4.10.1 Mitsubishi Air Conditioner Company Information
4.10.2 Mitsubishi Air Conditioner Business Overview
4.10.3 Mitsubishi Air Conditioner Production, Value and Gross Margin (2020-2025)
4.10.4 Mitsubishi Product Portfolio
4.10.5 Mitsubishi Recent Developments
4.11 Johnson Control
4.11.1 Johnson Control Air Conditioner Company Information
4.11.2 Johnson Control Air Conditioner Business Overview
4.11.3 Johnson Control Air Conditioner Production, Value and Gross Margin (2020-2025)
4.11.4 Johnson Control Product Portfolio
4.11.5 Johnson Control Recent Developments
4.12 Carrier
4.12.1 Carrier Air Conditioner Company Information
4.12.2 Carrier Air Conditioner Business Overview
4.12.3 Carrier Air Conditioner Production, Value and Gross Margin (2020-2025)
4.12.4 Carrier Product Portfolio
4.12.5 Carrier Recent Developments
4.13 Trane
4.13.1 Trane Air Conditioner Company Information
4.13.2 Trane Air Conditioner Business Overview
4.13.3 Trane Air Conditioner Production, Value and Gross Margin (2020-2025)
4.13.4 Trane Product Portfolio
4.13.5 Trane Recent Developments
4.14 Whirlpool
4.14.1 Whirlpool Air Conditioner Company Information
4.14.2 Whirlpool Air Conditioner Business Overview
4.14.3 Whirlpool Air Conditioner Production, Value and Gross Margin (2020-2025)
4.14.4 Whirlpool Product Portfolio
4.14.5 Whirlpool Recent Developments
4.15 ChongHong
4.15.1 ChongHong Air Conditioner Company Information
4.15.2 ChongHong Air Conditioner Business Overview
4.15.3 ChongHong Air Conditioner Production, Value and Gross Margin (2020-2025)
4.15.4 ChongHong Product Portfolio
4.15.5 ChongHong Recent Developments
5 Global Air Conditioner Production by Region
5.1 Global Air Conditioner Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Air Conditioner Production by Region: 2020-2031
5.2.1 Global Air Conditioner Production by Region: 2020-2025
5.2.2 Global Air Conditioner Production Forecast by Region (2026-2031)
5.3 Global Air Conditioner Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Air Conditioner Production Value by Region: 2020-2031
5.4.1 Global Air Conditioner Production Value by Region: 2020-2025
5.4.2 Global Air Conditioner Production Value Forecast by Region (2026-2031)
5.5 Global Air Conditioner Market Price Analysis by Region (2020-2025)
5.6 Global Air Conditioner Production and Value, YOY Growth
5.6.1 North America Air Conditioner Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Air Conditioner Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Air Conditioner Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Air Conditioner Production Value Estimates and Forecasts (2020-2031)
6 Global Air Conditioner Consumption by Region
6.1 Global Air Conditioner Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Air Conditioner Consumption by Region (2020-2031)
6.2.1 Global Air Conditioner Consumption by Region: 2020-2025
6.2.2 Global Air Conditioner Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Air Conditioner Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Air Conditioner Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Air Conditioner Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Air Conditioner Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Air Conditioner Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Air Conditioner Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Air Conditioner Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Air Conditioner Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Air Conditioner Production by Type (2020-2031)
7.1.1 Global Air Conditioner Production by Type (2020-2031) & (K Units)
7.1.2 Global Air Conditioner Production Market Share by Type (2020-2031)
7.2 Global Air Conditioner Production Value by Type (2020-2031)
7.2.1 Global Air Conditioner Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Air Conditioner Production Value Market Share by Type (2020-2031)
7.3 Global Air Conditioner Price by Type (2020-2031)
8 Segment by Application
8.1 Global Air Conditioner Production by Application (2020-2031)
8.1.1 Global Air Conditioner Production by Application (2020-2031) & (K Units)
8.1.2 Global Air Conditioner Production Market Share by Application (2020-2031)
8.2 Global Air Conditioner Production Value by Application (2020-2031)
8.2.1 Global Air Conditioner Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Air Conditioner Production Value Market Share by Application (2020-2031)
8.3 Global Air Conditioner Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Air Conditioner Value Chain Analysis
9.1.1 Air Conditioner Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Air Conditioner Production Mode & Process
9.2 Air Conditioner Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Air Conditioner Distributors
9.2.3 Air Conditioner Customers
10 Global Air Conditioner Analyzing Market Dynamics
10.1 Air Conditioner Industry Trends
10.2 Air Conditioner Industry Drivers
10.3 Air Conditioner Industry Opportunities and Challenges
10.4 Air Conditioner Industry Restraints
11 Report Conclusion
12 Disclaimer

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