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Air Conditioning System Market

Air Conditioning System Market (Product: Split AC, Window AC; Application: RAC, PAC, VRF) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Global Air Conditioning System Market Outlook 2031

  • The industry was valued at US$ 1.68 Bn in 2022
  • It is estimated to advance at a CAGR of 4.9% from 2022 to 2031 and reach US$ 2.70 Bn by the end of 2031

Analysts’ Viewpoint on Market Scenario

Major players operating in the air conditioning system market are collaborating with start-ups by investing in them to develop new technologies in air conditioning systems and expand their global reach in order to maintain their competitive advantage. Companies are focusing on achieving long-term growth through effective integration and continuous improvement and innovation in air conditioning systems.

Rise in construction activities in developing countries and the upgrade of disaster-prone buildings, coupled with large-scale investments in infrastructure, provide significant opportunity for the manufacturers of air conditioning systems.

Furthermore, market players are emphasizing on air conditioning systems that consume less energy due to government regulation on energy-saving models, which is expected to propel the market during the forecast period.

Air Conditioning System Market

Market Introduction

Consumers across the globe are increasingly spending on various types of air conditioning systems. This can be ascribed to the rising standard of living, which is encouraging people to own basic household items, thereby significantly boosting the market. The central air conditioning market is anticipated to grow considerably during the forecast period due to rising urbanization, upgrade of disaster-prone buildings, large-scale investments in infrastructure and industrial sectors, and an increase in construction in emerging economies across the globe.

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Rise in Urbanization and Growth of Construction Industry Driving Air Global Conditioning System Market

The global air conditioning system market is expected to grow at a significant pace during the forecast period due to a rise in new construction activities worldwide. The market in Asia Pacific is estimated to rise at the highest growth rate due to the presence of growing economies such as China and India in the region.

The construction of both residential and non-residential buildings is increasing, which is driving the development of both the home air conditioner as well as the commercial air conditioner markets in the region. Rising populations and economic development are also boosting the market. The World Economic Forum estimates that the construction sector generates almost US$ 10 Trn in total yearly revenue and US$ 3.6 Trn in added value. Approximately 6% of the worldwide GDP is accounted for by the construction sector.

More specifically, in industrialized nations, it accounts for roughly 5% of overall GDP, while in underdeveloped nations it typically makes up more than 8% of GDP. The industry is expected to grow extensively in the next few years, with estimated revenues of US$ 15 Trn by 2025. More than 100 million people are already employed in construction worldwide.

Local Production of Air Conditioners Driving Local Consumption of Air Conditioners

Rise in population with increasing disposable income in Asia Pacific is driving the demand for air conditioning systems for homes in the region. This is encouraging global air conditioner market players to shift production of air conditioners closer to consumption markets. For instance, Japan-based air conditioner manufacturer Daikin Industries, Ltd. established air conditioner manufacturing plants in Thailand, Malaysia, and India, which witnessed high demand for portable air conditioners.

In May 2018, Daikin started the operation of a new air conditioning system manufacturing plant in Vietnam to cater to the increasing demand for air conditioners in Asia Pacific. Daikin established the new plant in Vietnam due to a rise in the demand for residential air conditioners in the country.

In October 2014, rise in demand for VRF systems has prompted Japan-based air conditioner manufacturer, Mitsubishi Electric Corp., to shift its production of VRF indoor units from Japan to Thailand. Likewise, in October 2014, Mitsubishi Electric shifted production of residential air conditioners for the U.S. market from Thailand to Mexico. Thus, localizing AC production is increasing the demand for air conditioners.

Increase in Number of Smart Homes Boosting Demand for Split Air Conditioning Systems

In terms of product type, the split air conditioner segment dominated the global air conditioning system market. Overflowing demand for energy efficiency is a key element driving the split air conditioning systems segment. Government regulations for energy-saving models, which are the future of air conditioning systems, have resulted in the replacement of old air conditioning system types with energy-saving home air conditioner ones in developed nations in North America and Europe.

Split air conditioning system manufacturers are approving advanced and green technologies to develop energy-saving systems owing to the increase in electricity consumption of these systems in the last few years. Rise in the adoption of green technology and an increase in the number of smart homes is anticipated to augment the demand for split HVAC systems during the forecast period.

Regional Outlook

In terms of region, Asia Pacific holds the largest share of the global air conditioning system market. The market in Asia Pacific is driven by factors such as rise in the construction of residential and non-residential buildings. China holds the highest market share of the market in Asia Pacific. India, Thailand, the Philippines, etc., are emerging markets in the region.

Authorities in the region are investing in residential projects due to an increase in population. On the other hand, manufacturers based out of different regions are building their manufacturing plants in Asia Pacific. This is expected to result in higher market growth in the region during the forecast period.

Analysis of Key Players

The air conditioning system market is consolidated, with a few large-scale vendors controlling majority of the market share. Most firms are spending a significant amount of money on comprehensive research and development. Expansion of product portfolios and mergers and acquisitions are the main strategies adopted by key players. Lennox International Inc., Sharp Corporation, Hitachi, Ltd., United Technologies Corp., Panasonic Corporation, Electrolux AB, Samsung Electronics Co., Ltd., Midea Group Co., Ltd., Mitsubishi Electric Corporation, and Daikin Industries, Ltd. are the prominent entities operating in the market.

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Key Developments in Global Market

  • In May 2022, Mitsubishi Electric Corporation announced that it would invest 1.44 Bn Turkish lira (US$ 113 Mn) in a new plant at Mitsubishi Electric Air Conditioning Systems Manufacturing Turkey Joint Stock Company (MACT), the company's air-conditioner production base in Turkey to expand its business. The expansion is likely to increase MACT's annual capacity for air-to-water (ATW) heat pumps to 300,000 units, up by 100,000 units from the current capacity, and room air conditioners to 1,100,000 units, an increase by 300,000 units. Production is expected to begin in February 2024. Mitsubishi Electric is growing its global Heating, Ventilation, and Air-Conditioning (HVAC) business under an expansion strategy through to 2025 that is focused especially on the heating-system market in Europe. Conventional boiler-type heaters that rely on fossil fuel are rapidly being replaced with ATW heat pumps in line with Europe's decarbonization policies, which is driving the ATW market in Turkey and across Europe.
  • In May 2022, Daikin Industries, Ltd. invested in Wlab Ltd., a startup company based in London, U.K. Wlab Ltd., also known as Sensio Air, is a company that provides sensors to detect and identify airborne allergens by type, monitoring them in real-time using AI and IoT technologies, along with software applications for users. Daikin has been collaborating with Wlab since 2018 to create air conditioning business solutions that can realize safety and reliability in indoor air quality and air environments.
  • In April 2022, Mitsubishi Electric Corporation announced the development of a new airflow-control technology that both visualizes and analyzes airflow from air-conditioning systems and temperature distribution for optimized room-wide comfort. The technology predicts airflow and temperatures that vary according to the room shape and air-conditioning system layout in order to determine how to minimize uneven temperatures and discomfort due to excessively strong airflow. Accordingly, the technology contributes both to occupant satisfaction and to building asset value. Mitsubishi Electric also expects to use its new solution to advise building owners and designers on how to enhance indoor layouts for increased comfort.
  • In 2020, Daikin Industries, Ltd. invested in the U.S.-based company Locix for the acceleration of its AC solutions business. As part of a key element of its strategic management plan, Fusion 20, Daikin plans to accelerate its air conditioning solutions business and create new customer value by connecting air conditioning devices to networks and analyzing big data related to air conditioning. This allocation is estimated to enable Daikin to reduce labor hours at installation sites by utilizing Locix’s highly accurate local positioning technology, Locix LPS. The Locix LPS solution is anticipated to configure and confirm positioning information of indoor air conditioning units and automate remote monitoring services that were previously performed manually.

Each of these players has been profiled in the air conditioning system market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Air Conditioning System Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 1.68 Bn

Market Forecast Value in 2031

US$ 2.70 Bn

Growth Rate

(CAGR)

4.9%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Bn for Value & Thousand Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Product
    • Split AC
    • Window AC
  • Application
    • RAC (Refrigeration & Air Conditioning)
    • PAC (Precision Air Conditioning)
    • VRF (Variable refrigerant flow)
  • End-use
    • Residential
    • Commercial
  • Distribution Channel
    • Online
    • Offline

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • South America

Countries Covered

  • U.S.
  • Canada
  • Rest of North America
  • UK
  • France
  • Germany
  • Rest of Europe
  • China
  • India
  • Japan
  • Rest of Asia Pacific
  • GCC
  • South Africa
  • Rest of Middle East & Africa
  • Brazil
  • Rest of South America

Companies Profiled

Customization Scope

Available upon request

Pricing

Available upon request

Air Conditioning System Market

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Frequently Asked Questions

How big was the global air conditioning system market in 2021?

The market stood at US$ 1.68 Bn in 2021.

What would be the CAGR during 2022-2031?

The market is estimated to grow at a CAGR of 4.9% during 2022-2031.

What are the prominent drivers of the market?

Local production of air conditioners, which is boosting the local consumption of air conditioners, and growth of the construction industry worldwide.

How are split AC performing in the air conditioning system market?

Split AC accounted for around 85% share of the market in 2021.

How promising is the Asia Pacific region in the air conditioning system market?

Asia Pacific region is likely to be the most lucrative region of the air conditioning system market in the next few years.

Who are the prominent players in the market?

Lennox International Inc., Sharp Corporation, Hitachi, Ltd., United Technologies Corp., Panasonic Corporation, Electrolux AB, Samsung Electronics Co., Ltd., Midea Group Co., Ltd., Mitsubishi Electric Corporation, and Daikin Industries, Ltd.

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Market Dynamics

        5.1.1. Drivers

        5.1.2. Restraints

        5.1.3. Opportunities

    5.2. Key Market Indicators

        5.2.1. Overall HVAC Market

    5.3. Key Trend Analysis

        5.3.1. Supplier Side

        5.3.2. Demand Side

    5.4. Industry SWOT Analysis

    5.5. Technology Overview

    5.6. Porter’s Five Forces Analysis

    5.7. Value Chain Analysis

    5.8. COVID-19 Impact Analysis

    5.9. Global Air Conditioning System Market Analysis and Forecast, 2017- 2031

        5.9.1. Market Value Projections (US$ Mn)

        5.9.2. Market Volume Projections (Thousand Units)

6. Global Air Conditioning System Market Analysis and Forecast, by Product

    6.1. Global Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        6.1.1. Split AC

        6.1.2. Window AC

    6.2. Incremental Opportunity, by Product

7. Global Air Conditioning System Market Analysis and Forecast, by Application

    7.1. Global Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031

        7.1.1. RAC

        7.1.2. PAC

        7.1.3. VRF

    7.2. Incremental Opportunity, by Application

8. Global Air Conditioning System Market Analysis and Forecast, by End-use

    8.1. Global Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        8.1.1. Residential

        8.1.2. Commercial

    8.2. Incremental Opportunity, by End-use

9. Global Air Conditioning System Market Analysis and Forecast, by Distribution Channel

    9.1. Global Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        9.1.1. Online

        9.1.2. Offline

    9.2. Incremental Opportunity, by Distribution Channel

10. Global Air Conditioning System Market Analysis and Forecast, by Region

    10.1. Global Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Region, 2017- 2031

        10.1.1. North America

        10.1.2. Europe

        10.1.3. Asia Pacific

        10.1.4. Middle East & Africa

        10.1.5. South America

    10.2. Incremental Opportunity, by Region

11. North America Air Conditioning System Market Analysis and Forecast

    11.1. Regional Snapshot

    11.2. Brand Analysis

    11.3. Key Trends Analysis

        11.3.1. Supply side

        11.3.2. Demand Side

    11.4. Price Trend Analysis

        11.4.1. Weighted Average Selling Price (US$)

    11.5. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        11.5.1. Split AC

        11.5.2. Window AC

    11.6. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031

        11.6.1. RAC

        11.6.2. PAC

        11.6.3. VRF

    11.7. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        11.7.1. Residential

        11.7.2. Commercial

    11.8. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        11.8.1. Online

        11.8.2. Offline

    11.9. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Country & Sub-region, 2017- 2031

        11.9.1. U.S.

        11.9.2. Canada

        11.9.3. Rest of North America

    11.10. Incremental Opportunity Analysis

12. Europe Air Conditioning System Market Analysis and Forecast

    12.1. Regional Snapshot

    12.2. Brand Analysis

    12.3. Key Trends Analysis

        12.3.1. Supply side

        12.3.2. Demand Side

    12.4. Price Trend Analysis

        12.4.1. Weighted Average Selling Price (US$)

    12.5. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        12.5.1. Split AC

        12.5.2. Window AC

    12.6. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application , 2017- 2031

        12.6.1. RAC/p>

        12.6.2. PAC

        12.6.3. VRF

    12.7. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        12.7.1. Residential

        12.7.2. Commercial

    12.8. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        12.8.1. Online

        12.8.2. Offline

    12.9. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Country & Sub-region, 2017- 2031

        12.9.1. U.K.

        12.9.2. Germany

        12.9.3. France

        12.9.4. Rest of Europe

    12.10. Incremental Opportunity Analysis

13. Asia Pacific Air Conditioning System Market Analysis and Forecast

    13.1. Regional Snapshot

    13.2. Brand Analysis

    13.3. Key Trends Analysis

        13.3.1. Supply side

        13.3.2. Demand Side

    13.4. Price Trend Analysis

        13.4.1. Weighted Average Selling Price (US$)

    13.5. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        13.5.1. Split AC

        13.5.2. Window AC

    13.6. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031

        13.6.1. RAC

        13.6.2. PAC

        13.6.3. VRF

    13.7. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        13.7.1. Residential

        13.7.2. Commercial

    13.8. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        13.8.1. Online

        13.8.2. Offline

    13.9. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Country & Sub-region, 2017- 2031

        13.9.1. China

        13.9.2. India

        13.9.3. Japan

        13.9.4. Rest of Asia Pacific

    13.10. Incremental Opportunity Analysis

14. Middle East & Africa Air Conditioning System Market Analysis and Forecast

    14.1. Regional Snapshot

    14.2. Brand Analysis

    14.3. Key Trends Analysis

        14.3.1. Supply side

        14.3.2. Demand Side

    14.4. Price Trend Analysis

        14.4.1. Weighted Average Selling Price (US$)

    14.5. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        14.5.1. Split AC

        14.5.2. Window AC

    14.6. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031

        14.6.1. RAC

        14.6.2. PAC

        14.6.3. VRF

    14.7. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        14.7.1. Residential

        14.7.2. Commercial

    14.8. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        14.8.1. Online

        14.8.2. Offline

    14.9. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Country & Sub-region, 2017- 2031

        14.9.1. GCC

        14.9.2. South Africa

        14.9.3. Rest of Middle East & Africa

    14.10. Incremental Opportunity Analysis

15. South America Air Conditioning System Market Analysis and Forecast

    15.1. Regional Snapshot

    15.2. Brand Analysis

    15.3. Key Trends Analysis

        15.3.1. Supply side

        15.3.2. Demand Side

    15.4. Price Trend Analysis

        15.4.1. Weighted Average Selling Price (US$)

    15.5. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Product, 2017- 2031

        15.5.1. Split AC

        15.5.2. Window AC

    15.6. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Application, 2017- 2031

        15.6.1. RAC

        15.6.2. PAC

        15.6.3. VRF

    15.7. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by End-use, 2017- 2031

        15.7.1. Residential

        15.7.2. Commercial

    15.8. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Distribution Channel, 2017- 2031

        15.8.1. Online

        15.8.2. Offline

    15.9. Air Conditioning System Market Size (US$ Mn) (Thousand Units), by Country & Sub-region, 2017- 2031

        15.9.1. Brazil

        15.9.2. Rest of South America

    15.10. Incremental Opportunity Analysis

16. Competition Landscape

    16.1. Competition Dashboard

    16.2. Market Share Analysis % (2021)

    16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Business Strategies / Recent Developments]

        16.3.1. Daikin Industries, Ltd.

            16.3.1.1. Company Overview

            16.3.1.2. Product Portfolio

            16.3.1.3. Financial Information, (Subject to Data Availability)

            16.3.1.4. Business Strategies / Recent Developments

        16.3.2. Electrolux AB

            16.3.2.1. Company Overview

            16.3.2.2. Product Portfolio

            16.3.2.3. Financial Information, (Subject to Data Availability)

            16.3.2.4. Business Strategies / Recent Developments

        16.3.3. Hitachi, Ltd.

            16.3.3.1. Company Overview

            16.3.3.2. Product Portfolio

            16.3.3.3. Financial Information, (Subject to Data Availability)

            16.3.3.4. Business Strategies / Recent Developments

        16.3.4. Lennox International Inc.

            16.3.4.1. Company Overview

            16.3.4.2. Product Portfolio

            16.3.4.3. Financial Information, (Subject to Data Availability)

            16.3.4.4. Business Strategies / Recent Developments

        16.3.5. Midea Group Co., Ltd.

            16.3.5.1. Company Overview

            16.3.5.2. Product Portfolio

            16.3.5.3. Financial Information, (Subject to Data Availability)

            16.3.5.4. Business Strategies / Recent Developments

        16.3.6. Mitsubishi Electric Corporation

            16.3.6.1. Company Overview

            16.3.6.2. Product Portfolio

            16.3.6.3. Financial Information, (Subject to Data Availability)

            16.3.6.4. Business Strategies / Recent Developments

        16.3.7. Panasonic Corporation

            16.3.7.1. Company Overview

            16.3.7.2. Product Portfolio

            16.3.7.3. Financial Information, (Subject to Data Availability)

            16.3.7.4. Business Strategies / Recent Developments

        16.3.8. Samsung Electronics Co., Ltd.

            16.3.8.1. Company Overview

            16.3.8.2. Product Portfolio

            16.3.8.3. Financial Information, (Subject to Data Availability)

            16.3.8.4. Business Strategies / Recent Developments

        16.3.9. Sharp Corporation

            16.3.9.1. Company Overview

            16.3.9.2. Product Portfolio

            16.3.9.3. Financial Information, (Subject to Data Availability)

            16.3.9.4. Business Strategies / Recent Developments

        16.3.10. United Technologies Corp.

            16.3.10.1. Company Overview

            16.3.10.2. Product Portfolio

            16.3.10.3. Financial Information, (Subject to Data Availability)

            16.3.10.4. Business Strategies / Recent Developments

17. Key Takeaways

    17.1. Identification of Potential Market Spaces

        17.1.1. Product

        17.1.2. Application

        17.1.3. End-use

        17.1.4. Distribution Channel

        17.1.5. Geography

    17.2. Understanding the Buying Process of Customers

    17.3. Prevailing Market Risks

    17.4. Preferred Sales & Marketing Strategy

List of Table

Table 1: Global Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 2: Global Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 3: Global Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Table 4: Global Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Table 5: Global Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 6: Global Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 7: Global Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Table 8: Global Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 9: Global Air Conditioning System Market, by Region, Thousand Units , 2017-2031

Table 10: Global Air Conditioning System Market, by Region, US$ Mn, 2017-2031

Table 11: North America Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 12: North America Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 13: North America Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Table 14: North America Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Table 15: North America Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 16: North America Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 17: North America Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Table 18: North America Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 19: North America Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Table 20: North America Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Table 21: Europe Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 22: Europe Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 23: Europe Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Table 24: Europe Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Table 25: Europe Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 26: Europe Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 27: Europe Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Table 28: Europe Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 29: Europe Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Table 30: Europe Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Table 31: Asia Pacific Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 32: Asia Pacific Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 33: Asia Pacific Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Table 34: Asia Pacific Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Table 35: Asia Pacific Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 36: Asia Pacific Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 37: Asia Pacific Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Table 38: Asia Pacific Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 39: Asia Pacific Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Table 40: Asia Pacific Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Table 41: Middle East & Africa Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 42: Middle East & Africa Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 43: Middle East & Africa Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Table 44: Middle East & Africa Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Table 45: Middle East & Africa Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 46: Middle East & Africa Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 47: Middle East & Africa Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Table 48: Middle East & Africa Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 49: Middle East & Africa Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Table 50: Middle East & Africa Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Table 51: South America Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Table 52: South America Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Table 53: South America Air Conditioning System Market, by Application, Thousand Units , 2017-2031

Table 54: South America Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Table 55: South America Air Conditioning System Market, by End-use, Thousand Units , 2017-2031

Table 56: South America Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Table 57: South America Air Conditioning System Market, by Distribution Channel, Thousand Units, 2017-2031

Table 58: South America Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Table 59: South America Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Table 60: South America Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

List of Figure

Figure 1 : Global Air Conditioning System Market, by Product, Thousand Units, 2017-2031

Figure 2: Global Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 3: Global Air Conditioning System Market, by Incremental Opportunity, By Product, 2017-2031

Figure 4: Global Air Conditioning System Market, by Application, Thousand Units, 2017-2031

Figure 5: Global Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Figure 6: Global Air Conditioning System Market, by Incremental Opportunity, by Application , 2017-2031

Figure 7: Global Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 8: Global Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 9: Global Air Conditioning System Market, by Incremental Opportunity, By End-use, 2017-2031

Figure 10: Global Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Figure 11: Global Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 12: Global Air Conditioning System Market, by Incremental Opportunity, By Distribution Channel, 2017-2031

Figure 13: Global Air Conditioning System Market, by Region, Thousand Units, 2017-2031

Figure 14: Global Air Conditioning System Market, by Region, US$ Mn, 2017-2031

Figure 15: Global Air Conditioning System Market, by Incremental Opportunity, by Region, 2017-2031

Figure 16: North America, Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Figure 17: North America, Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 18: North America, Air Conditioning System Market, by Incremental Opportunity, By Product, 2017-2031

Figure 19: North America, Air Conditioning System Market, by Application, Thousand Units, 2017-2031

Figure 20: North America, Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Figure 21: North America, Air Conditioning System Market, by Incremental Opportunity, By Application, 2017-2031

Figure 22: North America, Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 23: North America, Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 24: North America, Air Conditioning System Market, by Incremental Opportunity, By End-use, 2017-2031

Figure 25: North America, Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Figure 26: North America, Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 27: North America, Air Conditioning System Market, by Incremental Opportunity, By Distribution Channel, 2017-2031

Figure 28: North America, Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Figure 29: North America, Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Figure 30: North America, Air Conditioning System Market, by Incremental Opportunity, by Country & Sub-region, 2017-2031

Figure 31: Europe, Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Figure 32: Europe, Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 33: Europe, Air Conditioning System Market, by Incremental Opportunity, by Product, 2017-2031

Figure 34: Europe, Air Conditioning System Market, by Application, Thousand Units, 2017-2031

Figure 35: Europe, Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Figure 36: Europe, Air Conditioning System Market, by Incremental Opportunity, by Application, 2017-2031

Figure 37: Europe, Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 38: Europe, Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 39: Europe, Air Conditioning System Market, by Incremental Opportunity, by End-use, 2017-2031

Figure 40: Europe, Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Figure 41: Europe, Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 42: Europe, Air Conditioning System Market, by Incremental Opportunity, by Distribution Channel, 2017-2031

Figure 43: Europe, Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Figure 44: Europe, Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Figure 45: Europe, Air Conditioning System Market, by Incremental Opportunity, by Country & Sub-region, 2017-2031

Figure 46: Asia Pacific, Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Figure 47: Asia Pacific, Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 48: Asia Pacific, Air Conditioning System Market, by Incremental Opportunity, by Product, 2017-2031

Figure 49: Asia Pacific, Air Conditioning System Market, by Application, Thousand Units, 2017-2031

Figure 50: Asia Pacific, Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Figure 51: Asia Pacific, Air Conditioning System Market, by Incremental Opportunity, by Application , 2017-2031

Figure 52: Asia Pacific, Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 53: Asia Pacific, Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 54: Asia Pacific, Air Conditioning System Market, by Incremental Opportunity, by End-use, 2017-2031

Figure 55: Asia Pacific, Air Conditioning System Market, by Distribution Channel, Thousand Units , 2017-2031

Figure 56: Asia Pacific, Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 57: Asia Pacific, Air Conditioning System Market, by Incremental Opportunity, by Distribution Channel, 2017-2031

Figure 58: Asia Pacific, Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Figure 59: Asia Pacific, Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Figure 60: Asia Pacific, Air Conditioning System Market, by Incremental Opportunity, by Country & Sub-region, 2017-2031

Figure 61: Middle East & Africa, Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Figure 62: Middle East & Africa, Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 63: Middle East & Africa, Air Conditioning System Market, by Incremental Opportunity, by Product, 2017-2031

Figure 64: Middle East & Africa, Air Conditioning System Market, by Application , Thousand Units , 2017-2031

Figure 65: Middle East & Africa, Air Conditioning System Market, by Application , US$ Mn, 2017-2031

Figure 66: Middle East & Africa, Air Conditioning System Market, by Incremental Opportunity, by Application , 2017-2031

Figure 67: Middle East & Africa, Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 68: Middle East & Africa, Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 69: Middle East & Africa, Air Conditioning System Market, by Incremental Opportunity, by End-use, 2017-2031

Figure 70: Middle East & Africa, Air Conditioning System Market, by Distribution Channel, Thousand Units, 2017-2031

Figure 71: Middle East & Africa, Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 72: Middle East & Africa, Air Conditioning System Market, by Incremental Opportunity, by Distribution Channel, 2017-2031

Figure 73: Middle East & Africa, Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Figure 74: Middle East & Africa, Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Figure 75: Middle East & Africa, Air Conditioning System Market, by Incremental Opportunity, by Country & Sub-region, 2017-2031

Figure 76: South America, Air Conditioning System Market, by Product, Thousand Units , 2017-2031

Figure 77: South America, Air Conditioning System Market, by Product, US$ Mn, 2017-2031

Figure 78: South America, Air Conditioning System Market, by Incremental Opportunity, by Product, 2017-2031

Figure 79: South America, Air Conditioning System Market, by Application, Thousand Units, 2017-2031

Figure 80: South America, Air Conditioning System Market, by Application, US$ Mn, 2017-2031

Figure 81: South America, Air Conditioning System Market, by Incremental Opportunity, by Application, 2017-2031

Figure 82: South America, Air Conditioning System Market, by End-use, Thousand Units, 2017-2031

Figure 83: South America, Air Conditioning System Market, by End-use, US$ Mn, 2017-2031

Figure 84: South America, Air Conditioning System Market, by Incremental Opportunity, by End-use, 2017-2031

Figure 85: South America, Air Conditioning System Market, by Distribution Channel, Thousand Units, 2017-2031

Figure 86: South America, Air Conditioning System Market, by Distribution Channel, US$ Mn, 2017-2031

Figure 87: South America, Air Conditioning System Market, by Incremental Opportunity, by Distribution Channel, 2017-2031

Figure 88: South America, Air Conditioning System Market, by Country & Sub-region, Thousand Units , 2017-2031

Figure 89: South America, Air Conditioning System Market, by Country & Sub-region, US$ Mn, 2017-2031

Figure 90: South America, Air Conditioning System Market, by Incremental Opportunity, by Country & Sub-region, 2017-2031

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