Global Air Conditioning Systems Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Air conditioning (often referred to as AC, A/C) is the process of removing heat and moisture from the interior of an occupied space, to improve the comfort of occupants. Air conditioning can be used in both domestic and commercial environments. This process is most commonly used to achieve a more comfortable interior environment, typically for humans and other animals; however, air conditioning is also used to cool/dehumidify rooms filled with heat-producing electronic devices, such as computer servers, power amplifiers, and even to display and store some delicate products, such as artwork.
According to our (Global Info Research) latest study, the global Air Conditioning Systems market size was valued at US$ 118950 million in 2023 and is forecast to a readjusted size of USD 219870 million by 2030 with a CAGR of 9.3% during review period.
Global Air Conditioning Systems key players include Gree, Midea, Daikin, Haier, Johnson Controls–Hitachi, etc. Global top five manufacturers hold a share about 65%.
Asia-Pacific is the largest market, with a share about 65%, followed by North America and Europe, both have a share about 30 percent.
In terms of product, Split Air Conditioner is the largest segment, with a share over 50%. And in terms of application, the largest application is Residential, followed by Commercial.
This report is a detailed and comprehensive analysis for global Air Conditioning Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Air Conditioning Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Air Conditioning Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Air Conditioning Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Air Conditioning Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Air Conditioning Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Air Conditioning Systems market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gree, Midea, Daikin, Haier, Johnson Controls–Hitachi, TCL, AUX, Mitsubishi Electric, Hisense, Toshiba Carrier, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Air Conditioning Systems market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Split Air Conditioner
Vertical Air Conditioner
Chillers
Market segment by Application
Residential
Commercial
Major players covered
Gree
Midea
Daikin
Haier
Johnson Controls–Hitachi
TCL
AUX
Mitsubishi Electric
Hisense
Toshiba Carrier
Trane
Changhong
Chigo
Sharp
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Air Conditioning Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Air Conditioning Systems, with price, sales quantity, revenue, and global market share of Air Conditioning Systems from 2019 to 2024.
Chapter 3, the Air Conditioning Systems competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Conditioning Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Air Conditioning Systems market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Air Conditioning Systems.
Chapter 14 and 15, to describe Air Conditioning Systems sales channel, distributors, customers, research findings and conclusion.