Air Conditioning Systems Market Size, Share & Trends Analysis Report By Type (Unitary, Rooftop, PTAC), By Technology (Inverter, Non-Inverter), By End-use, By Region, And Segment Forecasts, 2023

The global air conditioning systems market size is expected to reach USD 200.72 billion by 2030, expanding at a CAGR of 6.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as increasing international tourism, growing consumer spending on home improvement, and introduction of energy-efficient systems, coupled with the rising popularity of green cooling concepts, are expected to drive the market growth over the forecast period.

Global events usually pave the way for extensive construction projects, such as the establishment of new buildings and improvement of existing infrastructure. These projects aim at accommodating and catering to the needs of international tourists & visitors or working professionals and providing them enhanced facilities. For instance, the 2020 Summer Olympics event, expected to be held in Tokyo, is expected to drive the construction and development of ample commercial, residential, and lodging spaces in the city before the event commences. Similarly, in Dubai, the government is expected to make significant investments in infrastructure development to accommodate the large number of visitors expected to be attending the Expo 2020, a universal exposition. This, in turn, is creating an increased demand for air conditioners.

The competitive landscape of the market is highly consolidated and characterized by high competition with the presence of key players such as Carrier Corporation, Haier Inc., Electrolux, Ingersoll-Rand plc, and DAIKIN INDUSTRIES, LTD. These players are engaged in mergers and acquisitions to enhance their market presence. For instance, in January 2018, Ingersoll Rand plc and Mitsubishi Electric Corporation signed a contract to create a joint venture to enhance the marketing, sales, and distribution of VRF and ductless heating and air conditioning systems. Under the partnership, the companies will distribute their products under the American Standard and Trane brands using the latter's corporate logo and the former's distribution channels.

Air Conditioning Systems Market Report Highlights:

The Packaged Terminal Air Conditioners (PTAC) segment is expected to register a CAGR of over 5.6% from 2023 to 2030 in terms of volume. This growth of the segment can be attributed to their increasing adoption in the hospitality and residential sectors
In terms of technology, the inverter segment is expected to experience significant growth over the forecast period owing to its ability to control the speed of the compressor motor, which helps in the continuous regulation of temperature. This variable speed compressor helps in saving 50% more energy and power as compared to non-inverter air conditioners
The commercial segment is anticipated to register a CAGR of 5.7% over the forecast period. The segment is also anticipated to witness substantial growth over the forecast period owing to the rapid industrialization in various North American and European countries

Product Code: GVR-3-68038-528-1

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Type
- 1.1.2. Technology
- 1.1.3. End-use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Technology outlook
- 2.2.3. End-use outlook
- 2.2.4. Regional outlook
2.3. Competitive Insights

Chapter 3. Air Conditioning Systems Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
3.6. Air Conditioning Systems Market Analysis Tools
- 3.6.1. Industry Analysis - Porter's
  - 3.6.1.1. Supplier power
  - 3.6.1.2. Buyer power
  - 3.6.1.3. Substitution threat
  - 3.6.1.4. Threat of new entrant
  - 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
  - 3.6.2.1. Political landscape
  - 3.6.2.2. Technological landscape
  - 3.6.2.3. Economic landscape
  - 3.6.2.4. Social landscape
  - 3.6.2.5. Environmental landscape
  - 3.6.2.6. Legal landscape

Chapter 4. Supplier Portfolio Analysis

4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies

Chapter 5. Air Conditioning Systems Market: Type Estimates & Trend Analysis

5.1. Air Conditioning Systems Market: Key Takeaways
5.2. Air Conditioning Systems Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Unitary
- 5.3.1. Unitary market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)
5.4. Rooftop
- 5.4.1. Rooftop market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)
5.5. PTAC
- 5.5.1. PTAC market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)

Chapter 6. Air Conditioning Systems Market: Technology Estimates & Trend Analysis

6.1. Air Conditioning Systems Market: Key Takeaways
6.2. Air Conditioning Systems Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Inverter
- 6.3.1. Inverter market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)
6.4. Non-inverter
- 6.4.1. Non-inverter market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)

Chapter 7. Air Conditioning Systems Market: End-use Estimates & Trend Analysis

7.1. Air Conditioning Systems Market: Key Takeaways
7.2. Air Conditioning Systems Market: Movement & Market Share Analysis, 2022 & 2030
7.3. Residential
- 7.3.1. Residential market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)
7.4. Commercial
- 7.4.1. Commercial market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)
7.5. Industrial
- 7.5.1. Industrial market estimates and forecasts, 2018 to 2030 (USD Billion, Thousand Units)

Chapter 8. Air Conditioning Systems Market: Regional Estimates & Trend Analysis

8.1. Regional Outlook
8.2. Air Conditioning Systems Market by Region: Key Takeaway
8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.3.2. U.S.
  - 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.3.3. Canada
  - 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
8.4. Europe
- 8.4.1. U.K.
  - 8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.4.2. Germany
  - 8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.4.3. France
  - 8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
8.5. Asia Pacific
- 8.5.1. Japan
  - 8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.5.2. China
  - 8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.5.3. India
  - 8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
8.6. Latin America
- 8.6.1. Brazil
  - 8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
- 8.6.2. Mexico
  - 8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)
8.7. MEA
- 8.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Billion, Thousand Units)

Chapter 9. Competitive Landscape

9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Market Participant Categorization
- 9.2.1. ALFA LAVAL
  - 9.2.1.1. Company overview
  - 9.2.1.2. Financial performance
  - 9.2.1.3. Product benchmarking
  - 9.2.1.4. Strategic initiatives
- 9.2.2. BSH Hausgerate GmbH
  - 9.2.2.1. Company overview
  - 9.2.2.2. Financial performance
  - 9.2.2.3. Product benchmarking
  - 9.2.2.4. Strategic initiatives
- 9.2.3. Carrier
  - 9.2.3.1. Company overview
  - 9.2.3.2. Financial performance
  - 9.2.3.3. Product benchmarking
  - 9.2.3.4. Strategic initiatives
- 9.2.4. DAIKIN INDUSTRIES, Ltd.
  - 9.2.4.1. Company overview
  - 9.2.4.2. Financial performance
  - 9.2.4.3. Product benchmarking
  - 9.2.4.4. Strategic initiatives
- 9.2.5. Electrolux AB Corporation
  - 9.2.5.1. Company overview
  - 9.2.5.2. Financial performance
  - 9.2.5.3. Product benchmarking
  - 9.2.5.4. Strategic initiatives
- 9.2.6. Haier Inc.
  - 9.2.6.1. Company overview
  - 9.2.6.2. Financial performance
  - 9.2.6.3. Product benchmarking
  - 9.2.6.4. Strategic initiatives
- 9.2.7. Trane Technologies plc
  - 9.2.7.1. Company overview
  - 9.2.7.2. Financial performance
  - 9.2.7.3. Product benchmarking
  - 9.2.7.4. Strategic initiatives
- 9.2.8. JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY
  - 9.2.8.1. Company overview
  - 9.2.8.2. Financial performance
  - 9.2.8.3. Product benchmarking
  - 9.2.8.4. Strategic initiatives
- 9.2.9. Mitsubishi Electric Corporation
  - 9.2.9.1. Company overview
  - 9.2.9.2. Financial performance
  - 9.2.9.3. Product benchmarking
  - 9.2.9.4. Strategic initiatives
- 9.2.10. Whirlpool
  - 9.2.10.1. Company overview
  - 9.2.10.2. Financial performance
  - 9.2.10.3. Product benchmarking
  - 9.2.10.4. Strategic initiatives

Product Code: GVR-3-68038-528-1

List of Tables

Table 1 List of abbreviation
Table 2 North America air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 3 North America air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 4 North America air Conditioning Systems Market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 5 North America Air conditioning systems market, by region, 2018 - 2030 (USD Billion, Thousand Units)
Table 6 U.S. Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 7 U.S. Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 8 U.S. Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 9 Canada Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 10 Canada Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 11 Canada Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 12 Europe Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 13 Europe Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 14 Europe Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 15 Europe Air conditioning systems market, by region, 2018 - 2030 (USD Billion, Thousand Units)
Table 16 Germany Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 17 Germany Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 18 Germany Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 19 UK Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 20 UK Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 21 UK Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 22 France Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 23 France Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 24 France Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 25 Asia Pacific Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 26 Asia Pacific Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 27 Asia Pacific Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 28 Asia Pacific Air Conditioning Systems Market, by region, 2018 - 2030 (USD Billion, Thousand Units)
Table 29 China Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 30 China Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 31 China Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 32 Japan Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 33 Japan Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 34 Japan Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 35 India Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 36 India Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 37 India Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 38 Latin America Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 39 Latin America Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 40 Latin America Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 41 Latin America Air conditioning systems market, by region, 2018 - 2030 (USD Billion, Thousand Units)
Table 42 Brazil Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 43 Brazil Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 44 Brazil Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 45 Mexico Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 46 Mexico Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 47 Mexico Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 48 Middle East and Africa Air conditioning systems market, by type, 2018 - 2030 (USD Billion, Thousand Units)
Table 49 Middle East and Africa Air conditioning systems market, by technology, 2018 - 2030 (USD Billion, Thousand Units)
Table 50 Middle East and Africa Air conditioning systems market, by end-use, 2018 - 2030 (USD Billion, Thousand Units)
Table 51 Middle East and Africa Air conditioning systems market, by region, 2018 - 2030 (USD Billion, Thousand Units)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Air conditioning: Market outlook
Fig. 9 Air conditioning: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Air conditioning systems market driver impact
Fig. 15 Air conditioning systems market restraint impact
Fig. 16 Air conditioning systems market strategic initiatives analysis
Fig. 17 Air conditioning systems market: Type movement analysis
Fig. 18 Air conditioning systems market: type outlook and key takeaways
Fig. 19 Unitary market estimates and forecasts, 2018 - 2030
Fig. 20 Rooftop market estimates and forecasts, 2018 - 2030
Fig. 21 PTAC market estimates and forecasts, 2018 - 2030
Fig. 22 Air conditioning systems market: Technology movement analysis
Fig. 23 Air conditioning systems market: Technology outlook and key takeaways
Fig. 24 Inverter market estimates and forecasts, 2018 - 2030
Fig. 25 Non-inverter market estimates and forecasts, 2018 - 2030
Fig. 26 Air conditioning systems market: End-use movement analysis
Fig. 27 Air conditioning systems market: End-use outlook and key takeaways
Fig. 28 Residential market estimates and forecasts, 2018 - 2030
Fig. 29 Commercial market estimates and forecasts, 2018 - 2030
Fig. 30 Industrial market estimates and forecasts, 2018 - 2030
Fig. 31 Global Air conditioning systems market: Regional movement analysis
Fig. 32 Global Air conditioning systems market: Regional outlook and key takeaways
Fig. 33 North America market estimates and forecasts, 2018 - 2030
Fig. 34 U.S. market estimates and forecasts, 2018 - 2030
Fig. 35 Canada market estimates and forecasts, 2018 - 2030
Fig. 36 Europe market estimates and forecasts, 2018 - 2030
Fig. 37 U.K. market estimates and forecasts, 2018 - 2030
Fig. 38 Germany market estimates and forecasts, 2018 - 2030
Fig. 39 France market estimates and forecasts, 2018 - 2030
Fig. 40 Asia Pacific market estimates and forecasts, 2018 - 2030
Fig. 41 Japan market estimates and forecasts, 2018 - 2030
Fig. 42 China market estimates and forecasts, 2018 - 2030
Fig. 43 India market estimates and forecasts, 2018 - 2030
Fig. 44 Latin America market estimates and forecasts, 2018 - 2030
Fig. 45 Brazil market estimates and forecasts, 2018 - 2030
Fig. 46 Mexico market estimates and forecasts, 2018 - 2030
Fig. 47 Middle East and Africa market estimates and forecasts, 2018 - 2030

Air Conditioning Systems Market Size, Share & Trends Analysis Report By Type (Unitary, Rooftop, PTAC), By Technology (Inverter, Non-Inverter), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Air Conditioning Systems Market Growth & Trends:

Air Conditioning Systems Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Air Conditioning Systems Market Variables, Trends & Scope

Chapter 4. Supplier Portfolio Analysis

Chapter 5. Air Conditioning Systems Market: Type Estimates & Trend Analysis

Chapter 6. Air Conditioning Systems Market: Technology Estimates & Trend Analysis

Chapter 7. Air Conditioning Systems Market: End-use Estimates & Trend Analysis

Chapter 8. Air Conditioning Systems Market: Regional Estimates & Trend Analysis

Chapter 9. Competitive Landscape

List of Tables

List of Figures