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Global Air Conditioning Equipment Market Growth 2025-2031

Published Oct 06, 2025
Length 152 Pages
SKU # LPI20452728

Description

The global Air Conditioning Equipment market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Air conditioning equipments are systems of machines that keep the air in a space cool. An air conditioning unit is made up of three basic parts: the compressor, the condenser, and the evaporator. Each of these parts contributes to cooling down the air in a space. Air conditioning units work by circulating air and drawing heat out it.

United States market for Air Conditioning Equipment is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Air Conditioning Equipment is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Air Conditioning Equipment is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Air Conditioning Equipment players cover Gree, Daikin, Midea, Johnson Controls, Carrier, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Air Conditioning Equipment Industry Forecast” looks at past sales and reviews total world Air Conditioning Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Air Conditioning Equipment sales for 2025 through 2031. With Air Conditioning Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Conditioning Equipment industry.

This Insight Report provides a comprehensive analysis of the global Air Conditioning Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Conditioning Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air Conditioning Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Conditioning Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Conditioning Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Air Conditioning Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Package Air Conditioners
Split Air Conditioners
Chiller Air Conditioners
Window Air Conditioners

Segmentation by Application:
Residential
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gree
Daikin
Midea
Johnson Controls
Carrier
Trane Technologies
Haier
Panasonic
Lennox
LG Electronics
Emerson
Mitsubishi Electric
Siemens
Hitachi
Fujitsu
Danfoss
Electrolux
Honeywell
Nortek
Samsung Electronics
Schneider Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air Conditioning Equipment market?

What factors are driving Air Conditioning Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air Conditioning Equipment market opportunities vary by end market size?

How does Air Conditioning Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

152 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Air Conditioning Equipment by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Air Conditioning Equipment by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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