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North America Air Conditioning Systems Market Size, Share & Trends Analysis Report By Type (Package Air Conditioners, Split Air Conditioning Systems, Ductless Mini-Split Systems), By Technology (Inverter, Non-Inverter), By End, By Country, And Segment For

Publisher Grand View Research
Published Aug 11, 2025
Length 100 Pages
SKU # GV20400171

Description

North America Air Conditioning Systems Market Summary

The North America air conditioning systems market size was estimated at USD 11.38 billion in 2024 and is projected to reach USD 15.92 billion by 2033, growing at a CAGR of 3.9% from 2025 to 2033. The North America air conditioning systems industry is driven by rising demand for energy-efficient HVAC solutions amid growing awareness of environmental concerns.

The adoption of smart home technologies and the integration of IoT-enabled systems are boosting market growth. Rising construction activities across the U.S. and Canada, particularly in residential and commercial real estate, are fueling demand for advanced air conditioning systems. The replacement of aging HVAC infrastructure with modern, sustainable units is a key trend. Moreover, tax incentives and rebates for energy-efficient appliances encourage consumers to invest in upgraded systems. The market also benefits from increased spending on home improvement and comfort-focused renovations.

North America Air Conditioning Systems Market Report Segmentation

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the North America air conditioning systems market report based on type, technology, end use, and country.
  • Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
  • Package Air Conditioners
  • Split Air Conditioning Systems
  • Ductless Mini-Split Systems
  • Technology Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
  • Inverter
  • Non-Inverter
  • End Use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
  • Residential
  • Commercial
  • Industrial
  • Country Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary End Uses & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. North America Air Conditioning Systems Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. Penetration and Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market Challenge Analysis
3.6.4. Market Opportunity Analysis
3.7. Business Environment Analysis: Air Conditioning Systems Market
3.7.1. Industry Analysis - Porter’s
3.7.1.1. Supplier Power
3.7.1.2. Buyer power
3.7.1.3. Threat of substitutes
3.7.1.4. Threat of new entrants
3.7.1.5. Competitive rivalry
3.7.2. PESTEL Analysis
3.7.2.1. Political Landscape
3.7.2.2. Economic Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technological Landscape
3.7.2.5. Environmental Landscape
3.7.2.6. Legal Landscape
3.8. Economic Mega Trend
3.9. Vendor Matrix
3.9.1. List of key raw material providers
3.9.2. List of key manufacturers
3.9.3. List of Key distributors
Chapter 4. North America Air Conditioning Systems Market: Type Estimates & Trend Analysis
4.1. Type Movement Analysis & Market Share, 2024 & 2033
4.1.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
4.2. Package Air Conditioners
4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
4.3. Split Air Conditioning Systems
4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
4.4. Ductless Mini-Split Systems
4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
Chapter 5. North America Air Conditioning Systems Market: Technology Estimates & Trend Analysis
5.1. Technology Movement Analysis & Market Share, 2024 & 2033
5.2. Inverter
5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
5.3. Non-Inverter
5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
Chapter 6. North America Air Conditioning Systems Market: End Use Estimates & Trend Analysis
6.1. End Use Movement Analysis & Market Share, 2024 & 2033
6.2. Residential
6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
6.3. Commercial
6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
6.4. Industrial
6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
Chapter 7. North America Air Conditioning Systems Market: Country Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2024 & 2033
7.2. North America
7.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
7.2.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion, Thousand Units)
7.2.3. Market estimates and forecasts by technology, 2021 - 2033 (USD Billion, Thousand Units)
7.2.4. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Thousand Units)
7.2.5. U.S.
7.2.5.1. Macroeconomic Outlook
7.2.5.2. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
7.2.5.3. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion, Thousand Units)
7.2.5.4. Market estimates and forecasts by technology, 2021 - 2033 (USD Billion, Thousand Units)
7.2.5.5. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Thousand Units)
7.2.6. Canada
7.2.6.1. Macroeconomic Outlook
7.2.6.2. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
7.2.6.3. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion, Thousand Units)
7.2.6.4. Market estimates and forecasts by technology, 2021 - 2033 (USD Billion, Thousand Units)
7.2.6.5. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Thousand Units)
7.2.7. Mexico
7.2.7.1. Macroeconomic Outlook
7.2.7.2. Market estimates and forecasts, 2021 - 2033 (USD Billion, Thousand Units)
7.2.7.3. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion, Thousand Units)
7.2.7.4. Market estimates and forecasts by technology, 2021 - 2033 (USD Billion, Thousand Units)
7.2.7.5. Market estimates and forecasts, by end use, 2021 - 2033 (USD Billion, Thousand Units)
Chapter 8. North America Air Conditioning Systems Market: Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Company Dashboard Analysis
8.4. Company Market Share Analysis, 2024
8.5. Company Positioning Analysis, 2024
8.6. Company Heat Map Analysis, 2024
8.7. Strategy Mapping
8.8. Company Profiles
8.8.1. DAIKIN INDUSTRIES, Ltd.
8.8.1.1. Participant’s overview
8.8.1.2. Financial performance
8.8.1.3. Product benchmarking
8.8.1.4. Recent developments
8.8.2. Carrier.
8.8.2.1. Participant’s overview
8.8.2.2. Financial performance
8.8.2.3. Product benchmarking
8.8.2.4. Recent developments
8.8.3. Haier Group
8.8.3.1. Participant’s overview
8.8.3.2. Financial performance
8.8.3.3. Product benchmarking
8.8.3.4. Recent developments
8.8.4. Johnson Controls - Hitachi Air Conditioning Company
8.8.4.1. Participant’s overview
8.8.4.2. Financial performance
8.8.4.3. Product benchmarking
8.8.4.4. Recent developments
8.8.5. Lennox International Inc.
8.8.5.1. Participant’s overview
8.8.5.2. Financial performance
8.8.5.3. Product benchmarking
8.8.5.4. Recent developments
8.8.6. LG Electronics.
8.8.6.1. Participant’s overview
8.8.6.2. Financial performance
8.8.6.3. Product benchmarking
8.8.6.4. Recent developments
8.8.7. Mitsubishi Electric India Pvt. Ltd.
8.8.7.1. Participant’s overview
8.8.7.2. Financial performance
8.8.7.3. Product benchmarking
8.8.7.4. Recent developments
8.8.8. Panasonic Corporation
8.8.8.1. Participant’s overview
8.8.8.2. Financial performance
8.8.8.3. Product benchmarking
8.8.8.4. Recent developments
8.8.9. Samsung Electronics Co. Ltd.
8.8.9.1. Participant’s overview
8.8.9.2. Financial performance
8.8.9.3. Product benchmarking
8.8.9.4. Recent developments
8.8.10. Whirlpool
8.8.10.1. Participant’s overview
8.8.10.2. Financial performance
8.8.10.3. Product benchmarking
8.8.10.4. Recent developments

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