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Smart Air Conditioners Market Report 2025

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    Report

  • 200 Pages
  • March 2025
  • Region: Global
  • The Business Research Company
  • ID: 5953249
This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The smart air conditioners market size has grown rapidly in recent years. It will grow from $18.74 billion in 2024 to $20.92 billion in 2025 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to growing consumer awareness of health and wellness, increasing urbanization, rising consumer demand for comfort, increased living standards, and development of energy-efficient and eco-friendly air conditioning solutions.

The smart air conditioners market size is expected to see rapid growth in the next few years. It will grow to $32.46 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to growing construction sector, growing popularity of smart-homes, increasing disposable income of consumers, increasing consumer demand, and rising demand across commercial sectors. Major trends in the forecast period include integration of ai-driven features, advanced IoT connectivity, technological advancements, development of new products, and user-friendly interfaces.

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%) 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 July 2022, Carrier Global Corporation, a US-based heating, ventilation, and air conditioning (HVAC) system manufacturer, acquired the residential and light commercial HVAC business division of Toshiba Corporation for an undisclosed amount. With the acquisition, Carrier aims to achieve substantial avenues for growth within the rapidly expanding VRF and heat pump sectors, renowned for their energy efficiency. Further, this strategic move positions Carrier to thrive amidst evolving market trends and reinforces its commitment to delivering innovative solutions for a greener future. Toshiba Corporation is a Japan-based manufacturer of smart air conditioners.

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 2024. 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, 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, 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).

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.

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 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.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Smart Air Conditioners Market Characteristics3. Smart Air Conditioners Market Trends and Strategies4. Smart Air Conditioners Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market
5. Global Smart Air Conditioners Growth Analysis and Strategic Analysis Framework
5.1. Global Smart Air Conditioners PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Smart Air Conditioners Market Growth Rate Analysis
5.4. Global Smart Air Conditioners Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Smart Air Conditioners Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Smart Air Conditioners Total Addressable Market (TAM)
6. Smart Air Conditioners Market Segmentation
6.1. Global Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Split
  • Window
  • Portable
  • Other Types
6.2. Global Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Wi-Fi
  • Bluetooth
  • Other Connectivities
6.3. Global Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Residential
  • Buildings
  • Industrial Buildings
  • Commercial Buildings
6.4. Global Smart Air Conditioners Market, Sub-Segmentation of Split, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Wall-Mounted Split Air Conditioners
  • Floor-Mounted Split Air Conditioners
6.5. Global Smart Air Conditioners Market, Sub-Segmentation of Window, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Vertical Window Air Conditioners
  • Horizontal Window Air Conditioners
6.6. Global Smart Air Conditioners Market, Sub-Segmentation of Portable, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Compact Portable Air Conditioners
  • Dual-Hose Portable Air Conditioners
6.7. Global Smart Air Conditioners Market, Sub-Segmentation of Other Types, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Central Air Conditioning Systems
  • Smart Mini-Split Systems
7. Smart Air Conditioners Market Regional and Country Analysis
7.1. Global Smart Air Conditioners Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Smart Air Conditioners Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Smart Air Conditioners Market
8.1. Asia-Pacific Smart Air Conditioners Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Smart Air Conditioners Market
9.1. China Smart Air Conditioners Market Overview
9.2. China Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Smart Air Conditioners Market
10.1. India Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Smart Air Conditioners Market
11.1. Japan Smart Air Conditioners Market Overview
11.2. Japan Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Smart Air Conditioners Market
12.1. Australia Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Smart Air Conditioners Market
13.1. Indonesia Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Smart Air Conditioners Market
14.1. South Korea Smart Air Conditioners Market Overview
14.2. South Korea Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Smart Air Conditioners Market
15.1. Western Europe Smart Air Conditioners Market Overview
15.2. Western Europe Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Smart Air Conditioners Market
16.1. UK Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Smart Air Conditioners Market
17.1. Germany Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Smart Air Conditioners Market
18.1. France Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Smart Air Conditioners Market
19.1. Italy Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Smart Air Conditioners Market
20.1. Spain Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Smart Air Conditioners Market
21.1. Eastern Europe Smart Air Conditioners Market Overview
21.2. Eastern Europe Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Smart Air Conditioners Market
22.1. Russia Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Smart Air Conditioners Market
23.1. North America Smart Air Conditioners Market Overview
23.2. North America Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Smart Air Conditioners Market
24.1. USA Smart Air Conditioners Market Overview
24.2. USA Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Smart Air Conditioners Market
25.1. Canada Smart Air Conditioners Market Overview
25.2. Canada Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Smart Air Conditioners Market
26.1. South America Smart Air Conditioners Market Overview
26.2. South America Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Smart Air Conditioners Market
27.1. Brazil Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Smart Air Conditioners Market
28.1. Middle East Smart Air Conditioners Market Overview
28.2. Middle East Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Smart Air Conditioners Market
29.1. Africa Smart Air Conditioners Market Overview
29.2. Africa Smart Air Conditioners Market, Segmentation by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Smart Air Conditioners Market, Segmentation by Connectivity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Smart Air Conditioners Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Smart Air Conditioners Market Competitive Landscape and Company Profiles
30.1. Smart Air Conditioners Market Competitive Landscape
30.2. Smart Air Conditioners Market Company Profiles
30.2.1. Samsung Electronics Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. LG Electronics Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Panasonic Corporation Overview, Products and Services, Strategy and Financial Analysis
31. Smart Air Conditioners Market Other Major and Innovative Companies
31.1. Haier Group Corporation
31.2. Midea Group Co. Ltd.
31.3. Mitsubishi Electric Corporation
31.4. Toshiba Corporation
31.5. Gree Electric Appliances Inc.
31.6. Daikin Industries Ltd.
31.7. Johnson Controls International plc
31.8. Fujitsu General Ltd.
31.9. Carrier Global Corporation
31.10. Whirlpool Corporation
31.11. Trane Technologies Plc
31.12. Electrolux AB
31.13. AUX Group Co. Ltd.
31.14. Godrej Industries Limited
31.15. Lennox International Inc.
32. Global Smart Air Conditioners Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Smart Air Conditioners Market34. Recent Developments in the Smart Air Conditioners Market
35. Smart Air Conditioners Market High Potential Countries, Segments and Strategies
35.1 Smart Air Conditioners Market in 2029 - Countries Offering Most New Opportunities
35.2 Smart Air Conditioners Market in 2029 - Segments Offering Most New Opportunities
35.3 Smart Air Conditioners Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Smart Air Conditioners Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on 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.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

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? The smart air conditioners market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, 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.
  • 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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • 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. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • 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 trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

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

Key Companies Mentioned: Samsung Electronics Co. Ltd.; Robert Bosch GmbH; Hitachi Ltd.; LG Electronics Inc.; Panasonic Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; 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 Segmentation: 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.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

Some of the major companies featured in this Smart Air Conditioners market report include:
  • 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

Table Information