Report cover image

North America Air Conditioning Systems Market Size, Share & Trends Analysis Report By Type (Unitary, Rooftop), By Technology (Inverter, Non-Inverter), By End-use, By Region, And Segment Forecasts 2023 - 2030

Publisher Grand View Research
Published Mar 01, 2023
Length 120 Pages
SKU # GV17991307

Description

North America Air Conditioning Systems Market Size, Share & Trends Analysis Report By Type (Unitary, Rooftop), By Technology (Inverter, Non-Inverter), By End-use, By Region, And Segment Forecasts 2023 - 2030


North America Air Conditioning Systems Market Growth & Trends


The North America air conditioning systems market size is anticipated to reach USD 35.66 billion by 2030, expanding at a CAGR of 5.5% during the forecast period, according to a new study by Grand View Research, Inc. The rising construction spending in residential, commercial, and industrial sectors is anticipated to drive growth. In addition, over the next six years, the growth is anticipated to be fueled by favorable regulatory initiatives for energy efficiency. It is also anticipated to be fueled by elements like the tourist and construction industries' optimistic expansion.

The rising disposable incomes are expected to promote the use of a range of air conditioning systems. Additionally, elements like the rising customer preference for energy-efficient systems and the expanding use of portable systems are anticipated to favorably affect the expansion of the air conditioning systems market in North America.

Product development and innovation have benefited from technological advances. Over the course of the projected period, the North America air conditioning systems industry may be hampered by intense rivalry from other regional markets and cheaper products supplied by Chinese manufacturers. Over the next six years, there should be opportunities for the market. Participants due to expanding application areas, such as the usage of portable air conditioning systems in tents for outdoor activities.

The growth of the market is further driven by the increased popularity of smart devices that can transform traditional remote-controlled air conditioners into smart gadgets. Room air conditioner demand is being fueled by rising housing standards, while packaged air conditioner demand is predicted to expand somewhat as more malls, offices, and factories are permitted to be built.

North America Air Conditioning Systems Market Report Highlights

  • The unitary conditioning systems generated a revenue share of more than 37.12% in 2022. They are relatively easy to install and provide a great level of versatility. Unitary conditioners also give the user a great deal of control because each one operates as an independent unit. Because of how convenient they are, portable air conditioners are predicted to increase at the quickest CAGR during the projected period
  • The U.S. contributed to over 97.53% of the revenue generation in 2022 and is anticipated to continue dominating the market over the forecast period. This can be attributed to energy efficiency guidelines set by the US Environmental Protection Agency (EPA). Mexico is expected to be the largest regional market in North America, with a CAGR of 5.5% till 2030
  • Key industry participants employ strategies such as mergers, acquisitions, and strategic collaborations to gain market share. Ingersoll-Rand, Hitachi, Johnson Controls, Carrier Corporation, Mitsubishi, and Daikin Industries Ltd among others are the key companies operating in the market
Please note The report will be delivered in 3-8 business days upon order notification.

Table of Contents

120 Pages
Chapter 1. Methodology and Scope
1.1. Methodology Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased database
1.2.2. GVR’s internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information Analysis
1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. North America Air Conditioning Systems Market - Industry Snapshot, 2018 - 2030
Chapter 3 Air Conditioning Systems Industry Outlook
3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis - Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.5.3. COVID-19 Impact Analysis
Chapter 4 North America Air Conditioning Systems Type Outlook
4.1 Unitary
4.1.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
4.2 Rooftop
4.2.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
4.3 PTAC
4.3.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue), (Thousand Units) (USD Million)
Chapter 5 North America Air Conditioning Systems Technology Outlook
5.1 Inverter
5.1.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
5.2 Non-Inverter
5.2.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
Chapter 6 North America Air Conditioning Systems End-use Outlook
6.1 Residential
6.1.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
6.2 Commercial
6.2.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
6.3 Industrial
6.3.1 North America air conditioning systems demand, 2018 - 2030 (Volume & Revenue), (Thousand Units) (USD Million)
Chapter 7 North America Air Conditioning Systems Regional Outlook
7.1 U.S.
7.1.1 U.S. air conditioning systems market by type, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
7.1.2 U.S. air conditioning systems market by technology, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
7.1.3 U.S. air conditioning systems market by end-use, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
7.2 Canada
7.2.1 Canada air conditioning systems market by type, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
7.2.2 Canada air conditioning systems market by technology, 2018 - 2030 (Volume & Revenue) (Thousand Units) (USD Million)
7.2.3 Canada air conditioning systems market by end-use, 2018 - 2030 (Volume & Revenue), (Thousand Units) (USD Million)
Chapter 8 Competitive landscape
8.1 Arcelik
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 BSH Group
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Carrier Corporation
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.3.4 Strategic Initiatives
8.4 Daikin Industries Ltd.
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.4.4 Strategic Initiatives
8.5 Electrolux
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.5.4 Strategic Initiatives
8.6 Haier Group
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.6.4 Strategic Initiatives
8.7 Hitachi Air Conditioning
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 Ingersoll Rand
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.8.4 Strategic Initiatives
8.9 LG
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Mitsubishi Electric
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
8.11 Whirlpool Corporation
8.11.1 Company Overview
8.11.2 Financial Performance
8.11.3 Product Benchmarking
8.11.4 Strategic Initiatives

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us