Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1726173
PUBLISHER: Grand View Research | PRODUCT CODE: 1726173
Europe Air Conditioning Systems Market Size, Share & Trends Analysis Report By Product (Unitary, Rooftop, PTAC), By Technology (Inverter, Non-Inverter), By Application (Residential, Commercial, Industrial), By Country, And Segment Forecasts, 2025 - 2030
PUBLISHED:
PAGES: 150 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Europe Air Conditioning Systems Market Growth & Trends:
The Europe air conditioning systems market is anticipated to reach USD 14.25 billion by 2030 and is expected to expand at a CAGR of 5.8% during the forecast period, according to a new report by Grand View Research, Inc. The rise in commercial and industrial construction in Europe is significantly driving the demand for air conditioning systems, as new buildings require efficient climate control solutions. With urbanization on the rise and the expansion of sectors such as office spaces, retail outlets, manufacturing units, and data centers, the need for reliable air conditioning systems has become more critical. These systems are essential to maintain comfortable indoor environments for employees, customers, and machinery, particularly in larger, high-density spaces. The demand is further fueled by the increasing focus on employee well-being and productivity, which has led businesses to prioritize climate control solutions.
Government tax credit and rebate programs across Europe have become significant drivers of demand for energy-efficient air conditioning systems, as these initiatives aim to reduce carbon emissions and promote sustainability. Many European governments are encouraging the adoption of eco-friendly and energy-efficient appliances, including air conditioning units, by offering financial incentives to both residential and commercial consumers. These incentives typically take the form of tax credits, rebates, or direct subsidies, which significantly lower the initial investment costs, making energy-efficient air conditioning systems more accessible and appealing.
For instance, France has introduced a range of initiatives to incentivize energy-efficient home improvements, including air conditioning systems. Through its "Coup de Pouce" (Helping Hand) program, French homeowners can receive substantial financial assistance for installing energy-efficient heating and cooling systems. Additionally, the MaPrimeRenov' program, which offers rebates for energy-efficient renovations, covers a portion of the costs for replacing old, inefficient air conditioning systems with new, low-energy models. As of 2021, more than 500,000 MaPrimeRenov grants have been distributed, with the platform registering over 8 million visits. These incentives not only stimulate demand for air conditioning units but also encourage consumers to prioritize energy efficiency when choosing their systems, leading to a broader shift toward eco-friendly technologies.
The rapid expansion of data centers across Europe has become a key driver for the demand for air conditioning systems, as these facilities require precise and continuous cooling to ensure the optimal performance of servers and IT infrastructure. Data centers are highly sensitive to temperature fluctuations, and even small increases in temperature can lead to equipment failure, system downtime, or data loss. As a result, efficient air conditioning systems are essential for maintaining a stable, controlled environment within these facilities. With Europe experiencing a surge in demand for cloud computing, e-commerce, and digital services, the number of data centers continues to grow, significantly increasing the need for specialized cooling solutions.
Europe Air Conditioning Systems Market Report Highlights:
- Based on product, the ductless mini-split systems segment led the market in 2024 due to their energy efficiency, easy installation, and flexibility in controlling temperature in individual rooms.
- Based on technology, the inverter segment dominated the market in 2024 owing to improved energy efficiency, precise temperature control, and reduced operational costs offered by inverter technology.
- Based on application, the residential segment dominated the market in 2024 owing to growing focus on energy efficiency and smart home integration.
- Based on country, the market in Russia dominated the market in 2024due to increasing urbanization, rising temperatures, and a growing demand for improved indoor comfort.
- In December 2024, Mitsubishi Corporation announced the acquisition of Crystal Air Holdings Limited, an Irish air-conditioning installation and maintenance company, on December 18, 2024. This move aims to strengthen its presence in the European market, particularly in IT cooling for data centers, amid rising demand.
Product Code: GVR-4-68040-549-2
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Third Party Perspective
- 1.4.5. Information Analysis
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.5.2. Market Formulation & Data Visualization
- 1.5.3. Data Validation & Publishing
- 1.6. Research Scope and Assumptions
- 1.6.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Europe Air Conditioning Systems Market Variables, Trends, & Scope
- 3.1. Market Concentration & Penetration Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Technology Overview
- 3.5. Market Dynamics
- 3.5.1. Market Drivers Analysis
- 3.5.2. Market Restraints Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Europe Air Conditioning Systems Market Analysis Tools
- 3.6.1. Porter's Analysis
- 3.6.1.1. Bargaining power of the suppliers
- 3.6.1.2. Bargaining power of the buyers
- 3.6.1.3. Threats of substitution
- 3.6.1.4. Threats from new entrants
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL Analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Economic and Social landscape
- 3.6.2.3. Technological landscape
- 3.6.2.4. Environmental landscape
- 3.6.2.5. Legal landscape
- 3.6.1. Porter's Analysis
- 3.7. Economic Mega Trend Analysis
Chapter 4. Europe Air Conditioning Systems Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Europe Air Conditioning Systems Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Package Air Conditioners
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 4.4. Split Air Conditioning Systems
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 4.5. Window Unit Air Conditioning Systems
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 4.6. Ductless Mini-Split Systems
- 4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
Chapter 5. Europe Air Conditioning Systems Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Europe Air Conditioning Systems Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Inverter
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 5.4. Non-Inverter
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
Chapter 6. Europe Air Conditioning Systems Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Europe Air Conditioning Systems Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Residential
- 6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 6.4. Commercial
- 6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 6.5. Industrial
- 6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
Chapter 7. Europe Air Conditioning Systems Market: Country Estimates & Trend Analysis
- 7.1. Europe Air Conditioning Systems Market Share, By Country, 2024 & 2030 (USD Billion, Thousand Units)
- 7.2. Germany
- 7.2.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.2.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.2.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.2.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
- 7.3. UK
- 7.3.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.3.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.3.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.3.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
- 7.4. France
- 7.4.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.4.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.4.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.4.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
- 7.5. Spain
- 7.5.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.5.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.5.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.5.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
- 7.6. Italy
- 7.6.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.6.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.6.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.6.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
- 7.7. Russia
- 7.7.1. Europe Air Conditioning Systems Market Estimates and Forecasts, 2018 - 2030 (USD Billion, Thousand Units)
- 7.7.2. Europe Air Conditioning Systems Market Estimates and Forecasts by Type, 2018 - 2030 (USD Billion, Thousand Units)
- 7.7.3. Europe Air Conditioning Systems Market Estimates and Forecasts by Technology, 2018 - 2030 (USD Billion, Thousand Units)
- 7.7.4. Europe Air Conditioning Systems Market Estimates and Forecasts by End Use, 2018 - 2030 (USD Billion, Thousand Units)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis, 2024
- 8.5. Company Heat Map Analysis, 2024
- 8.6. Strategy Mapping
- 8.7. Company Profiles
- 8.7.1. Carrier
- 8.7.1.1. Participant's Overview
- 8.7.1.2. Financial Performance
- 8.7.1.3. Product Benchmarking
- 8.7.1.4. Strategic Initiatives
- 8.7.2. DAIKIN INDUSTRIES, Ltd
- 8.7.2.1. Participant's Overview
- 8.7.2.2. Financial Performance
- 8.7.2.3. Product Benchmarking
- 8.7.2.4. Strategic Initiatives
- 8.7.3. Johnson Controls Inc.
- 8.7.3.1. Participant's Overview
- 8.7.3.2. Financial Performance
- 8.7.3.3. Product Benchmarking
- 8.7.3.4. Strategic Initiatives
- 8.7.4. LG Electronics
- 8.7.4.1. Participant's Overview
- 8.7.4.2. Financial Performance
- 8.7.4.3. Product Benchmarking
- 8.7.4.4. Strategic Initiatives
- 8.7.5. Mitsubishi Corporation
- 8.7.5.1. Participant's Overview
- 8.7.5.2. Financial Performance
- 8.7.5.3. Product Benchmarking
- 8.7.5.4. Strategic Initiatives
- 8.7.6. Panasonic Holdings Corporation
- 8.7.6.1. Participant's Overview
- 8.7.6.2. Financial Performance
- 8.7.6.3. Product Benchmarking
- 8.7.6.4. Strategic Initiatives
- 8.7.7. Midea
- 8.7.7.1. Participant's Overview
- 8.7.7.2. Financial Performance
- 8.7.7.3. Product Benchmarking
- 8.7.7.4. Strategic Initiatives
- 8.7.8. Danfoss
- 8.7.8.1. Participant's Overview
- 8.7.8.2. Financial Performance
- 8.7.8.3. Product Benchmarking
- 8.7.8.4. Strategic Initiatives
- 8.7.9. Robert Bosch GmbH
- 8.7.9.1. Participant's Overview
- 8.7.9.2. Financial Performance
- 8.7.9.3. Product Benchmarking
- 8.7.9.4. Strategic Initiatives
- 8.7.10. Electrolux
- 8.7.10.1. Participant's Overview
- 8.7.10.2. Financial Performance
- 8.7.10.3. Product Benchmarking
- 8.7.10.4. Strategic Initiatives
- 8.7.1. Carrier
Product Code: GVR-4-68040-549-2
List of Tables
- Table 1 Europe Air Conditioning Systems Market Estimates and Forecasts, By Type, 2018 - 2030 (USD Billion, Thousand Units)
- Table 2 Europe Air Conditioning Systems Market Estimates and Forecasts, By Type, 2018 - 2030 (Thousand Units)
- Table 3 Europe Air Conditioning Systems Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Billion, Thousand Units)
- Table 4 Europe Air Conditioning Systems Market Estimates and Forecasts, By Technology, 2018 - 2030 (Thousand Units)
- Table 5 Europe Air Conditioning Systems Market Estimates and Forecasts, By End Use, 2018 - 2030 (USD Billion, Thousand Units)
- Table 6 Europe Air Conditioning Systems Market Estimates and Forecasts, By End Use, 2018 - 2030 (Thousand Units)
- Table 7 UK Macro-Economic Outlay
- Table 8 Construction Output in UK, 2023 (USD Billion)
- Table 9 Germany Macro-Economic Outlay
- Table 10 France Macro-Economic Outlay
- Table 11 Spain Macro-Economic Outlay
- Table 12 Per Cent Variation Of Investment In Real Terms Of Previous Year
- Table 13 Italy Macro-Economic Outlay
- Table 14 Russia Macro-Economic Outlay
- Table 15 Four Largest Construction Projects in Russia (Q3, 2023)
- Table 16 Recent Developments & Impact Analysis, By Key Market Participants
- Table 17 Company Market Share, 2023
- Table 18 Company Heat Map Analysis, 2023
- Table 19 Key Companies: Mergers and Acquisitions
- Table 20 Key Companies: Product Launches
List of Figures
- Fig. 1 Market Segmentation & Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Technology & Type Snapshot
- Fig. 8 End Use Snapshot
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Europe Air Conditioning Systems Market Value, 2024 (USD Billion)
- Fig. 11 Concentration And Growth Prospect Mapping
- Fig. 12 Europe Air Conditioning Systems Market - Value Chain Analysis
- Fig. 13 Market Dynamics
- Fig. 14 Market Driver Analysis
- Fig. 15 Production In The Construction Industry In Various Countries Of Europe (% Change Compared With The Previous Month)
- Fig. 16 Germany Manufacturing Industrial Output, Jan 2020-Jan 2024 (Index 2015=100, Seasonally Adjusted)
- Fig. 17 Market Restraint Analysis
- Fig. 18 Data Centers Across Western Europe, 2024
- Fig. 19 Europe Air Conditioning Systems Market: PORTER's Analysis
- Fig. 20 Europe Air Conditioning Systems Market: PESTEL Analysis
- Fig. 21 Real GDP Growth, 2018- 2029 (Annual Percent Change)
- Fig. 22 Europe Air Conditioning Systems Market, By Type: Key Takeaways
- Fig. 23 Europe Air Conditioning Systems Market: Type Movement Analysis & Market Share, 2024 & 2030
- Fig. 24 Europe Air Conditioning Systems Market Estimates & Forecasts, by Package Air Conditioners, 2018 - 2030 (USD Billion)
- Fig. 25 Europe Air Conditioning Systems Market Estimates & Forecasts, by Package Air Conditioners, 2018 - 2030 (Thousand Units)
- Fig. 26 Europe Air Conditioning Systems Market Estimates & Forecasts, by Split Air Conditioning Systems, 2018 - 2030 (USD Billion)
- Fig. 27 Europe Air Conditioning Systems Market Estimates & Forecasts, by Split Air Conditioning Systems, 2018 - 2030 (Thousand Units)
- Fig. 28 Europe Air Conditioning Systems Market Estimates & Forecasts, by Window Unit Air Conditioning Systems, 2018 - 2030 (USD Billion)
- Fig. 29 Europe Air Conditioning Systems Market Estimates & Forecasts, by Window Unit Air Conditioning Systems, 2018 - 2030 (Thousand Units)
- Fig. 30 Europe Air Conditioning Systems Market Estimates & Forecasts, by Ductless Mini-Split Systems, 2018 - 2030 (USD Billion)
- Fig. 31 Europe Air Conditioning Systems Market Estimates & Forecasts, by Ductless Mini-Split Systems, 2018 - 2030 (Thousand Units)
- Fig. 32 Europe Air Conditioning Systems Market, By Technology: Key Takeaways
- Fig. 33 Europe Air Conditioning Systems Market: Technology Movement Analysis & Market Share, 2024 & 2030
- Fig. 34 Europe Air Conditioning Systems Market Estimates & Forecasts, By Inverter, 2018 - 2030 (USD Billion)
- Fig. 35 Europe Air Conditioning Systems Market Estimates & Forecasts, By Inverter, 2018 - 2030 (Thousand Units)
- Fig. 36 Europe Air Conditioning Systems Market Estimates & Forecasts, By Non-Inverter, 2018 - 2030 (USD Billion)
- Fig. 37 Europe Air Conditioning Systems Market Estimates & Forecasts, By Non-Inverter, 2018 - 2030 (Thousand Units)
- Fig. 38 Europe Air Conditioning Systems Market, By End Use: Key Takeaways
- Fig. 39 Europe Air Conditioning Systems Market: End Use Movement Analysis & Market Share, 2024 & 2030
- Fig. 40 Europe Air Conditioning Systems Market Estimates & Forecasts, In Residential, 2018 - 2030 (USD Billion)
- Fig. 41 Europe Air Conditioning Systems Market Estimates & Forecasts, In Residential, 2018 - 2030 (Thousand Units)
- Fig. 42 Europe Air Conditioning Systems Market Estimates & Forecasts, In Commercial, 2018 - 2030 (USD Billion)
- Fig. 43 Europe Air Conditioning Systems Market Estimates & Forecasts, In Commercial, 2018 - 2030 (Thousand Units)
- Fig. 44 Europe Air Conditioning Systems Market Estimates & Forecasts, In Industrial, 2018 - 2030 (USD Billion)
- Fig. 45 Europe Air Conditioning Systems Market Estimates & Forecasts, In Industrial, 2018 - 2030 (Thousand Units)
- Fig. 46 New Orders For Construction: Value Non-Seasonally Adjusted, By Sector, 2018- 2023, (USD Billion)
- Fig. 47 UK Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 48 UK Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 49 Germany Construction Output, Year-On-Year, % Change, 2022 - 2024
- Fig. 50 Germany Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 51 Germany Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 52 France Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 53 France Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 54 Spain Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 55 Spain Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 56 Italy Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 57 Italy Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 58 Russia Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 59 Russia Air Conditioning Systems Market Estimates & Forecasts, 2018 - 2030 (Thousand Units)
- Fig. 60 Key Company/Competition Categorization
- Fig. 61 Competitive Dashboard Analysis
- Fig. 62 Company Market Share Analysis, 2024
- Fig. 63 Company Market Positioning
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.