Smart Air Conditioners Global Market Report 2026

A smart air conditioner is an air conditioning unit equipped with smart technology, allowing it to be controlled and monitored remotely via a smartphone, tablet, or other smart devices. It enables users to adjust temperature settings, schedule operation times, and monitor energy usage from anywhere.

The main products of smart air conditioners are split, window, portable, and other types. A split air conditioner is an air conditioning system that consists of two main parts, such as an outdoor unit housing the compressor and condenser and an indoor unit containing the evaporator coil and air handling unit. The various types of connectivity involved are wi-fi, Bluetooth, and other connectivity that has applications such as residential buildings, industrial buildings, and commercial buildings.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on electronic components, sensors, and cooling system hardware have increased production and import costs for smart air conditioners, affecting regions dependent on overseas manufacturing such as North America and Europe. Higher tariffs contribute to elevated retail pricing and slower adoption, especially in residential and commercial building segments. However, tariffs also stimulate local manufacturing, promote development of regionally sourced IoT components, and encourage innovation in cost-efficient smart cooling technologies.

The main products of smart air conditioners are split, window, portable, and other types. A split air conditioner is an air conditioning system that consists of two main parts, such as an outdoor unit housing the compressor and condenser and an indoor unit containing the evaporator coil and air handling unit. The various types of connectivity involved are wi-fi, Bluetooth, and other connectivity that has applications such as residential buildings, industrial buildings, and commercial buildings.

The smart air conditioners market size has grown rapidly in recent years. It will grow from $20.6 billion in 2025 to $22.85 billion in 2026 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to growing demand for residential cooling solutions, early adoption of programmable ac technologies, rising consumer preference for convenience based appliances, expansion of urban housing infrastructure, improvements in inverter and compressor technologies.

The smart air conditioners market size is expected to see rapid growth in the next few years. It will grow to $34.99 billion in 2030 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to increasing focus on energy efficient smart appliances, rising adoption of connected home ecosystems, growth of predictive maintenance enabled hvac systems, expanding installation of smart buildings, rising consumer demand for automated temperature control. Major trends in the forecast period include increasing adoption of app controlled and connected air conditioning systems, rising use of energy monitoring and automation features, growing popularity of smart home integrated cooling solutions, expansion of remote diagnostics and predictive maintenance, shift toward adaptive cooling based on user behavior and occupancy.

The growing construction sector is expected to propel the growth of the smart air conditioner market going forward. The construction industry encompasses all activities related to planning, designing, constructing, and maintaining buildings, infrastructure, and other physical structures. The construction sector is experiencing growth due to increased infrastructure investment, urbanization trends, and demand for sustainable building solutions. As the construction sector participates in development, particularly in residential, commercial, and industrial projects, there will be a higher demand for HVAC (Heating, Ventilation, and Air Conditioning) systems, including smart air conditioners, to provide comfortable indoor environments. New construction projects often incorporate modern amenities and technologies, including smart home features, driving the adoption of smart air conditioners. For instance, in August 2023, according to a report published by the Office for National Statistics, a UK-based producer of official statistics, the estimated monthly construction output saw a 1.6% increase in volume in June 2023, attributed to rises in both new construction work (2.0%) and repair and maintenance activities (1.1%). The quarterly data for April to June 2023 compared to January to March 2023 showed a 0.3% increase in construction output. Notably, this increase was driven entirely by the performance in June 2023, where repair and maintenance activities saw a 0.9% uptick. Therefore, the growing construction sector is driving the growth of the smart air conditioner market.

Leading companies in the smart air conditioner market are increasingly incorporating advanced technologies like artificial intelligence (AI) and the Internet of Things (IoT) to improve energy efficiency and enhance user convenience. These innovations enable features such as predictive maintenance, which helps systems anticipate potential issues and optimize performance, ultimately reducing energy consumption and lowering costs. For example, in April 2024, India-based Voltas launched a new HVAC line at ACREX 2024 that integrates AI capabilities, allowing users to monitor and control their systems remotely via a mobile app. This innovation demonstrates Voltas' dedication to sustainability and energy efficiency, while also providing users with real-time insights and analytics on system performance and energy usage, significantly enhancing the overall user experience.

In March 2023, Panasonic Corporation, a Japan-based provider of electronics, HVAC systems, and smart home solutions, acquired the air-conditioning business of Systemair AB of Sweden for $108 million (€100 million). With this acquisition, Panasonic aims to strengthen its commercial HVAC product portfolio in Europe and accelerate its entry into hydronic and environmentally friendly HVAC systems. Systemair AB is a Sweden-based provider of commercial air-conditioning systems and hydronic chillers.

Major companies operating in the smart air conditioners market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Midea Group Co. Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Gree Electric Appliances Inc., Daikin Industries Ltd., Johnson Controls International plc, Fujitsu General Ltd., Carrier Global Corporation, Whirlpool Corporation, Trane Technologies Plc, Electrolux AB, AUX Group Co. Ltd., Godrej Industries Limited, Lennox International Inc., Hisense Kelon Electrical Holdings Company Limited, Havells India Limited, Rheem Manufacturing Company, Blue Star Limited, Voltas Limited, Chigo Holding Ltd., Friedrich Air Conditioning Co. Ltd., Chunlan Group, Videocon Industries Limited, Bryant Ltd

Asia-Pacific was the largest region in the smart air conditioner market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the smart air conditioners market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the smart air conditioners market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart air conditioner market consists of sales of ductless mini-split, geothermal air conditioning system, hybrid or dual fuel air conditioner and evaporator coolers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Smart Air Conditioners Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses smart air conditioners market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for smart air conditioners ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The smart air conditioners market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Split; Window; Portable; Other Types
• 2) By Connectivity: Wi-Fi; Bluetooth; Other Connectivities
• 3) By Application: Residential; Buildings; Industrial Buildings; Commercial Buildings
• Subsegments:
• 1) By Split: Wall-Mounted Split Air Conditioners; Floor-Mounted Split Air Conditioners
• 2) By Window: Vertical Window Air Conditioners; Horizontal Window Air Conditioners
• 3) By Portable: Compact Portable Air Conditioners; Dual-Hose Portable Air Conditioners
• 4) By Other Types: Central Air Conditioning Systems; Smart Mini-Split Systems
• Companies Mentioned: Samsung Electronics Co. Ltd.; Robert Bosch GmbH; Hitachi Ltd.; LG Electronics Inc.; Panasonic Corporation; Haier Group Corporation; Midea Group Co. Ltd.; Mitsubishi Electric Corporation; Toshiba Corporation; Gree Electric Appliances Inc.; Daikin Industries Ltd.; Johnson Controls International plc; Fujitsu General Ltd.; Carrier Global Corporation; Whirlpool Corporation; Trane Technologies Plc; Electrolux AB; AUX Group Co. Ltd.; Godrej Industries Limited; Lennox International Inc.; Hisense Kelon Electrical Holdings Company Limited; Havells India Limited; Rheem Manufacturing Company; Blue Star Limited; Voltas Limited; Chigo Holding Ltd.; Friedrich Air Conditioning Co. Ltd.; Chunlan Group; Videocon Industries Limited; Bryant Ltd
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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