Canada Air Conditioner (AC) Market Overview, 2028

Canada Air Conditioner (AC) Market Overview, 2028

A thriving air conditioner business exists in Canada, a country renowned for its beautiful landscapes, varied culture, and significant temperature changes. This enormous country in North America has a high demand for cooling solutions because of its particular climate, rising urbanization, and the rising importance of indoor comfort. The climate of Canada exhibits notable regional variations. While the southern regions, particularly in provinces like Ontario and British Columbia, deal with hot and muggy summers, the northern territories deal with icy winters. Due to the variety of climates, both heating and cooling systems are required, making air conditioners crucial for ensuring comfort throughout the sweltering summer. Urban areas in Canada have seen a consistent influx of residents. There is a rising need for residential and commercial air conditioning systems as more Canadians want to live in cities and urban areas. The building of new residences and commercial buildings is fueled by urbanization, which increases the demand for effective HVAC (Heating, Ventilation, and Air Conditioning) systems. The Canadian air conditioner market has changed significantly due to energy efficiency requirements and environmental concerns. Both the federal and provincial governments have put in place laws and incentives that promote the use of energy-efficient cooling systems, with an emphasis on lowering energy use and greenhouse gas emissions. This has caused the market to go in the direction of inverter technology and high-efficiency air conditioners. The Canadian HVAC market is characterized by ongoing technical development. Air conditioning system manufacturers are progressively including smart technologies that enable consumers to remotely operate and enhance their cooling systems. This is consistent with the rising popularity of smart homes as well as the demand for more convenience and energy efficiency.

According to the research report ""Canada Air Conditioner (AC) Market Overview, 2028,"" published by Bonafide Research, the Canada Air Conditioner (AC) market was valued more than USD 1.5 Billion in 2022. Canadians are increasingly concerned with the comfort of their homes and the purity of the air within. The demand for air conditioners with cutting-edge filtration technologies that can enhance indoor air quality by eliminating allergens, dust, and pollutants has surged as a result of this knowledge. In order to improve the quality of their living spaces, consumers are also looking for air conditioners that are quieter and more efficient. In Canada, there are large seasonal temperature fluctuations. During the lengthy, brutal winters, residents often rely on heating systems, and as soon as summer arrives, they switch to cooling equipment like air conditioners. Due to seasonality, flexible HVAC solutions are required. Urbanization is growing as Canadian cities keep expanding. The need for home and commercial air conditioning systems grows as more people live in cities. New buildings are built as a result of urbanization, which increases the demand for effective HVAC systems. Canada places a high priority on environmental sustainability and energy efficiency. Energy-efficient cooling methods are encouraged by federal and provincial laws. As a result, inverter technology and high-efficiency air conditioners have been adopted, which is in line with Canada's objective of cutting back on energy use and greenhouse gas emissions. Canada is the second-largest country in the world by land area, so the air conditioner market is extremely global in scope. The types and sizes of air conditioning systems required depend on the temperature and climate conditions experienced in various regions of the country. Hybrid heating and cooling systems are becoming more common in some parts of Canada, especially in those with harsh winters like Alberta and Quebec. These systems provide a flexible and cost-effective alternative for year-round comfort by combining a heat pump for both heating and cooling.

Based on product type market is segmented into window AC, portable AC, ductless multi split AC, packaged AC, floor mounted AC, central AC, variable refrigerant AC and others. Portable air conditioners are designed to be conveniently transported from one room to another. This adaptability enables customers to chill specific portions of their homes or offices without requiring complex or permanent installations. Portability is a valuable quality in Canada, where temperatures can fluctuate substantially between areas and even inside different parts of a structure. Portable air conditioners, as opposed to window or split-system air conditioners, require little to no installation. They do not require window installation or sophisticated ducting, making them an ideal choice for renters or those searching for a temporary cooling solution. Portable air conditioners are frequently less expensive to install than central or ductless split-system systems. As a result, they may be appealing to consumers on a tight budget. Portable ACs are particularly popular in rental properties where tenants may not have control over the type of cooling system in place. Tenants can easily install and use portable units to enhance comfort during the summer. Portable air conditioners are typically compact and can be stored away when not in use, which is especially beneficial in Canadian climates where air conditioning may only be needed for a portion of the year.

End user of the market include residential, commercial and industrial. There is increasing demand for Air conditioners in Industrial sector. Air conditioning can dramatically boost productivity among industrial workers by providing a comfortable working environment. Extreme heat or cold can cause discomfort, weariness, and impaired concentration, all of which can impede efficiency and work quality. A well-managed environment allows employees to perform more efficiently and safely. Machines and equipment such as compressors, generators, and CNC machines are frequently housed in industrial buildings. During operation, these devices generate heat, and excessive heat can lead to a shortened equipment lifespan and operational difficulties. Air conditioning aids in heat dissipation and keeps equipment operating within its optimal temperature range. In industries like pharmaceuticals and chemicals, precise temperature and humidity control are necessary for accurate process control. Any deviation from the specified conditions can affect the quality of the final product. Air conditioning systems provide the necessary control for these critical processes. Based on tonnage market is divided into upto 2 ton, 2 ton to 5 ton, 5 ton to 10 ton, and more than 10 ton. Larger air conditioning machines, such as those weighing 5 to 10 tons, are generally intended for commercial and industrial buildings with high cooling demands. Warehouses, manufacturing plants, office buildings, shopping malls, hotels, and large retail stores frequently have enormous spaces that have strong cooling systems in order to maintain acceptable indoor temperatures. Greater air conditioning machines can cool rooms or spaces that have high heat loads. These units are utilized in commercial and industrial settings to guarantee that the cooling capacity fits the size and heat production of the environment. This is critical for keeping indoor temperatures stable and comfortable.

Based on technology market is bifurcated into invertor ACs and non-invertor ACs. Invertor ACs technology is expected to register highest CAGR in Canada air conditioners market. Inverter air conditioners are flexible and frequently have both cooling and heating capabilities. These systems provide year-round comfort in countries like Canada, where regions endure both frigid winters and hot summers. Consumers can use the same device for cooling and heating in the summer and winter, eliminating the need for separate HVAC systems. Canada has a diverse climate, ranging from harsh cold in the winter to excessive heat in the summer. Inverter air conditioners can efficiently adjust to these changing conditions, offering continuous comfort throughout the year. Based on distribution channel market is divided into multi brand stores, exclusive stores, online and others. Online channel is expected to grow at the fastest rate in Canada air conditioner market owing to rising internet penetration and increasing customer’s services and sales service are major reasons for growth of online channel in Canada.

Considered in this report:
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Canada Air Conditioner (AC) market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Window AC
• Portable AC
• Ductless Multi Split AC
• Packaged AC
• Floor Mounted AC
• Central AC
• Variable Refrigerant AC
• Others

By End User:
• Residential
• Commercial
• Industrial

By Tonnage:
• Up to 2 Ton
• 2 Ton to 5 Ton
• 5 Ton to 10 Ton
• More Than 10 Ton

By Technology:
• Inverter ACs
• Non-Inverter ACs

By Distribution Channel:
• Multi-brand Stores
• Exclusive Stores
• Online
• Other Channels

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Air Conditioner (AC) industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.