Air-Conditioning Equipment Market Size, Share Analysis, Growth And Forecast 2032

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Air-Conditioning Equipment Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Air-Conditioning Equipment Global Market Segments
The Business Research Company segments its
Air-Conditioning Equipment market report as
Unitary Air Conditioners, Room Air Conditioners,
Packaged Terminal Air Conditioners, Chillers,
Absorption Liquid Chillers
By Product Type
Refrigerant, Compressor, Condenser Coil,
Expansion Valve, Evaporator Coil
By Components
Residential, Commercial
By Application
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Air-Conditioning Equipment Market Statistics
The global air-conditioning equipment market size
will grow from 222.27 billion in 2022 to 231.53
billion in 2023 at a compound annual growth rate
(CAGR) of 4.2. The market size of the global
air-conditioning equipment is expected to grow
to 281.59 billion in 2027 at a CAGR of 5.0.
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Key Market Drivers And Trends
Drivers
Increasing urbanization and industrialization are
projected to boost the demand for
air-conditioning equipment during the forecast
period
Trends
The high cost of air-conditioning installation
and replacement limits air-conditioning
equipments market growth over the forecast period
Region
The Asia-Pacific was the largest region in the
air-conditioning equipment market in 2022. 
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Key Market Players
Major players in the Air-Conditioning Equipment
Global Market are Daikin Industries Ltd.,
Lennox International Inc., Hitachi Ltd.,
Panasonic Corporation, Electrolux AB And more.
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