PUBLISHER: Grand View Research | PRODUCT CODE: 1813993
PUBLISHER: Grand View Research | PRODUCT CODE: 1813993
The North America air conditioning systems market size was estimated at USD 11.38 billion in 2024 and is projected to reach USD 15.92 billion by 2033, growing at a CAGR of 3.9% from 2025 to 2033. The North America air conditioning systems industry is driven by rising demand for energy-efficient HVAC solutions amid growing awareness of environmental concerns.
The adoption of smart home technologies and the integration of IoT-enabled systems are boosting market growth. Rising construction activities across the U.S. and Canada, particularly in residential and commercial real estate, are fueling demand for advanced air conditioning systems. The replacement of aging HVAC infrastructure with modern, sustainable units is a key trend. Moreover, tax incentives and rebates for energy-efficient appliances encourage consumers to invest in upgraded systems. The market also benefits from increased spending on home improvement and comfort-focused renovations.
North America Air Conditioning Systems Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the North America air conditioning systems market report based on type, technology, end use, and country.