Learn about the global air-conditioning equipment market through The Business Research Company, which provides information on air-conditioning equipment market size, air-conditioning equipment market drivers and restraints, air-conditioning equipment market players, the COVID-19 impact on the air-conditioning equipment market, and more.

The global air-conditioning equipment market size is expected to grow from $197.78 billion in 2021 to $219.75 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The global air-conditioning equipment market size is expected to grow to $299.08 billion in 2026 at a compound annual growth rate (CAGR) of 8.0%.

Increasing urbanization and industrialization are projected to boost the demand for air-conditioning equipment during the forecast period.

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The air-conditioning equipment market consists of sales of air-conditioning equipment by entities (organizations, sole traders, and partnerships) that produce air-conditioning equipment which is used to create and maintain fixed temperature, relative humidity, and air purity conditions in indoor spaces. Only goods and services traded between entities or sold to end consumers are included.

Global Air-Conditioning Equipment Market Segments Include:

By Product Type: Unitary Air Conditioners; Room Air Conditioners; Packaged Terminal Air Conditioners; Chillers; Absorption Liquid Chillers

By Components: Refrigerant; Compressor; Condenser Coil; Expansion Valve; Evaporator Coil

By Application: Residential; Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the air-conditioning equipment market in 2021.

TBRC’s air-conditioning equipment market report covers:

Major Market Players: Daikin Industries Ltd, Lennox International Inc, Hitachi Ltd, Panasonic Corporation, Electrolux AB, Mitsubishi Electric Corporation, MIDEA Group Co. Ltd, Samsung Electronics Co. Ltd, Sharp Corporation, and Ingersoll-Rand.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Air-Conditioning Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides air-conditioning equipment market overviews, analyzes and forecasts market size, share, air-conditioning equipment market players, air-conditioning equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s air-conditioning equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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