Home > Industrial Machinery > HVAC > Air Handling Units (AHU) > Air Conditioning System Market

Air Conditioning System Market Share

  • Report ID: GMI7350
  • Published Date: Nov 2023
  • Report Format: PDF

Air Conditioning System Market Share

Major players operating in the Air Conditioning System industry include:

  • Daikin Industries, Ltd.
  • Mitsubishi Electric Corporation
  • Carrier Corporation
  • Johnson Controls
  • LG Electronics

Daikin Industries, Ltd. and Mitsubishi Electric Corporation are dominant players in the industry due to their vast product landscape, geographical presence, and strategic alliances. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Air conditioning system industry size reached USD 123 billion in 2022 and is projected to expand at over 6% CAGR from 2023-2032 driven by the rising temperatures and climate changes along with greater demand for cooling solutions

Central air conditioning systems market accounted for around 56% of revenue share in 2022 and is estimated to witness high demand through 2032 owing to the increasing consumer concerns about indoor air quality

North America accounted for around 26% revenue share of the market in 2022 and is likely to witness robust growth through 2032 attributed to the increasing implementation of stringent energy efficiency regulations.

Some of the top air conditioning system providers are Carrier Corporation, Daikin Industries, Ltd., LG Electronics, Mitsubishi Electric Corporation, and Johnson Controls.

Air Conditioning System Market Scope

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 299
  • Countries covered: 21
  • Pages: 250
 Download Free Sample