Air Conditioning Market - Global Industry Analysis and Forecast (2024-2030) by Technology, Component, Product, End-User and Region (2024)

Air Conditioning Market size was valued at US$ 162.81 Bn in 2023 and the total revenue is expected to grow at 9.8% through 2024 to 2030, reaching nearly US$ 313.25 Bn.
Air Conditioning Market Overview:
The technique of conditioning and influencing the air quality of a space in order to provide a comfortable atmosphere for its occupants is referred to as air conditioning. This procedure works by eliminating excess humidity from confined spaces, allowing severe natural situations to be modified to an individual's preferences in the security of their own homes. The global air conditioning market includes the residential and commercial sectors, as well as being a crucial component of the automotive market.To know about the Research Methodology :- Request Free Sample Report
Air Conditioning Market Dynamics:
In the last few decades, Air conditioning systems has transformed itself into a necessity commodity rather than a luxurious one, all credit goes to the deteriorating thermal conditions and certainly increase in disposable income. As per the organization for economic co-operation and development, progress in real household income per capita picked-up to 0.8% in the OECD area in the first quarter of 2019. As well, emergence of technologically advanced air conditioners, such as air conditioners with inverter and air purification technologies, is further expected to positively influence the global air conditioners market through forecast period.Factors such as the building and tourism industries' optimistic growth are also estimated to fuel the industry further. Over the forecast period, rising disposable incomes are likely to propel the adoption of a wide range of air conditioning systems. Additionally, rising customer preference for energy-efficient systems, as well as the increasing popularity of communication devices, are able to increase the market's growth.Some major factors restraining growth of the global air conditioning market include high initial costs of system and installation, and also rising prices of electric energy. In addition, strict government regulations on energy consumption, global warming, and pollution are further expected to hinder growth of the global air conditioning market over the forecast period.COVID-19 Impact:The COVID-19 pandemic wreaked havoc on all industries around the world, causing a global recession unlike any other. Even the global construction sector has been severely harmed as a result of the current epidemic, which resulted in the suspension of all activity. As a result, the global air conditioner market has slowed.The heating, ventilation, and air conditioning (HVAC) business was also badly harmed as a result of large-scale plant closures in Asia Pacific areas, which are considered global players in the air conditioner market, as well as the United States and numerous European countries. The HVAC business has been affected twice by a major drop in global market demands.
Air Conditioning Market Segment Analysis:
The global Air Conditioning Market is segmented by Technology, Component, Product and End-User.Based on Technology, the global market is segmented into Manual/Semi-automatic Air conditioning and Automatic air conditioning. The Manual/Semi-automatic Air conditioning segment held the largest market share of xx% in 2023.One of the most significant parts of the cabin atmosphere is the air conditioning. It not only cools but also warms the air, which is necessary when dynamic in cold weather. The air conditioning market has undergone gradual technological advancements; completely automatic air conditioning systems will eventually replace manual/semi-automatic systems.Based on Product, the global market is segmented into Room/Unitary Air Conditioners, Chillers, VRF Systems, Coolers and Others. The Room/Unitary Air Conditioners segment held the largest market share of xx% in 2023. Ductless split, ducted split, and rooftop air conditioners, and also variable refrigerant flow (VRF) systems and self-contained units, are all included. The demand for UAC systems has increased around the world as the rural population continues to grow.
Air Conditioning Market Regional Insights:
Asia Pacific dominates the global market during the forecast period 2024-2030. Asia Pacific held the largest market share 31% in 2023. Due to the increased use of air conditioners in developing countries like China and India. Due to the wide availability of low-cost air conditioning systems, the industry is estimated to see severe rivalry among companies in China.North America held the 2nd largest market share of xx% in 2023. The rapid use of air conditioning equipment in the region is associated with this growth. Also, In Europe, due to variable weather conditions rise in infrastructure development is estimated to register high growth rate.The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.The reports also helps in understanding the global Market dynamic, structure by analyzing the market segments and project the global Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Air Conditioning Market make the report investor’s guide.
Air Conditioning Market Scope: Inquire before buying
Air Conditioning Market
Report Coverage
Details
Base Year:
2023
Forecast Period:
2024-2030
Historical Data:
2018 to 2023
Market Size in 2023:
US $ 162.81 Bn.
Forecast Period 2024 to 2030 CAGR:
9.8%
Market Size in 2030:
US $ 313.25 Bn.
 Segments Covered:
by Technology
Manual/Semi-automatic Air conditioningAutomatic air conditioning
by Component
CompressorEvaporatorFanCondenser Coil
by Product
Room/Unitary Air ConditionersChillersVRF SystemsCoolersOthers
by End-User
AutomotiveCommercialIndustrialResidential
Air Conditioning Market, by Region
North America (United States, Canada and Mexico)Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)South America (Brazil, Argentina Rest of South America)
Air Conditioning Market Key Players
1. Daikin Industries Ltd.2. Gree Electrical Appliances, Inc. of Zhuhai3. United Technologies Corporation4. Midea Group Co. Ltd.5. Hitachi-Johnson Controls Air Conditioning, Inc.6. Ingersoll-Rand plc.7. LG Electronics Inc.8. Qingdao Haier Co. Ltd.9. Panasonic Corporation10. Toshiba Corporation11. Eberspaecher12. Hanon Systems13. Keihin Corporation14. Sanden Holdings Corporation15. Mitsubishi Heavy Industries Ltd.16. Subros Limited
Frequently Asked Questions:
1] What segments are covered in Air Conditioning Market report?Ans. The segments covered in Market report are based on Technology, component, Product and End-User.2] Which region is expected to hold the highest share in the global Air Conditioning Market?Ans. Asia Pacific is expected to hold the highest share in the global Market.3] What is the market size of global Air Conditioning Market by 2030?Ans. The market size of global Market by 2030 is US $ 313.25 Bn.4] Who are the top key players in the global Air Conditioning Market?Ans. Daikin Industries Ltd., Gree Electrical Appliances, Inc. of Zhuhai, United Technologies Corporation, Midea Group Co. Ltd., Hitachi-Johnson Controls Air Conditioning, Inc., and Ingersoll-Rand plc.are the top key players in the global Market.5] What was the market size of global Air Conditioning Market in 2023?Ans. The market size of global Market in 2023 was US $ 162.81 Bn.6] By Product, What segments are covered in Air Conditioning Market report?Ans. The segments covered in Air Conditioning Market report by Product are Room/Unitary Air Conditioners, Chillers, VRF Systems, Coolers and Others.
 

Global Air Conditioning Market
1. Preface1.1. Report Scope and Market Segmentation1.2. Research Highlights1.3. Research Objectives2. Assumptions and Research Methodology2.1. Report Assumptions2.2. Abbreviations2.3. Research Methodology2.3.1. Secondary Research2.3.1.1. Secondary data2.3.1.2. Secondary Sources2.3.2. Primary Research2.3.2.1. Data from Primary Sources2.3.2.2. Breakdown of Primary Sources3. Executive Summary: Global Air Conditioning Market, by Market Value (US$ Bn)4. Market Overview4.1. Introduction4.2. Market Indicator4.2.1. Drivers4.2.2. Restraints4.2.3. Opportunities4.2.4. Challenges4.3. Porter’s Analysis4.4. Value Chain Analysis4.5. Market Risk Analysis4.6. SWOT Analysis4.7.Industry Trends inGlobal Air Conditioning Market5. Supply Side and Demand Side Indicators6. Global Air Conditioning Market Analysis and Forecast6.1. Global Air Conditioning Market Size & Y-o-Y Growth Analysis6.1.1. North America6.1.2. Europe6.1.3. Asia Pacific6.1.4. Middle East & Africa6.1.5. South America7. Global Air Conditioning Market Analysis and Forecast, by Technology7.1. Introduction and Definition7.2. Key Findings7.3. Global Air Conditioning Market Value Share Analysis, by Technology7.4. Global Air Conditioning Market Size (US$ Bn) Forecast, by Technology7.5. Global Air Conditioning Market Analysis, by Technology7.6. Global Air Conditioning Market Attractiveness Analysis, by Technology8. Global Air Conditioning Market Analysis and Forecast, by Component8.1. Introduction and Definition8.2. Key Findings8.3. Global Air Conditioning Market Value Share Analysis, by Component8.4. Global Air Conditioning Market Size (US$ Bn) Forecast, by Component8.5. Global Air Conditioning Market Analysis, by Component8.6. Global Air Conditioning Market Attractiveness Analysis, by Component9. Global Air Conditioning Market Analysis and Forecast, by Product9.1. Introduction and Definition9.2. Key Findings9.3. Global Air Conditioning Market Value Share Analysis, by Product9.4. Global Air Conditioning Market Size (US$ Bn) Forecast, by Product9.5. Global Air Conditioning Market Analysis, by Product9.6. Global Air Conditioning Market Attractiveness Analysis, by Product10. Global Air Conditioning Market Analysis and Forecast, by End User10.1. Introduction and Definition10.2. Key Findings10.3. Global Air Conditioning Market Value Share Analysis, by End User10.4. Global Air Conditioning Market Size (US$ Bn) Forecast, by End User10.5. Global Air Conditioning Market Analysis, by End User10.6. Global Air Conditioning Market Attractiveness Analysis, by End User11. Global Air Conditioning Market Analysis, by Region11.1. Global Air Conditioning Market Value Share Analysis, by Region11.2. Global Air Conditioning Market Size (US$ Bn) Forecast, by Region11.3. Global Air Conditioning Market Attractiveness Analysis, by Region12. North America Air Conditioning Market Analysis12.1. Key Findings12.2. North America Air Conditioning Market Overview12.3. North America Air Conditioning Market Value Share Analysis, by Technology12.4. North America Air Conditioning Market Forecast, by Technology12.4.1. Manual/Semi-automatic Air conditioning12.4.2. Automatic air conditioning12.5. North America Air Conditioning Market Value Share Analysis, by Component12.6. North America Air Conditioning Market Forecast, by Component12.6.1. Compressor12.6.2. Evaporator12.6.3. Fan12.6.4. Condenser Coil12.7. North America Air Conditioning Market Value Share Analysis, by Product12.8. North America Air Conditioning Market Forecast, by Product12.8.1. Room/Unitary Air Conditioners12.8.2. Chillers12.8.3. VRF Systems12.8.4. Coolers12.8.5. Others12.9. North America Air Conditioning Market Value Share Analysis, by End User12.10. North America Air Conditioning Market Forecast, by End User12.10.1. Automotive12.10.2. Commercial12.10.3. Industrial12.10.4. Residential12.11. North America Air Conditioning Market Value Share Analysis, by Country12.12. North America Air Conditioning Market Forecast, by Country12.12.1. U.S.12.12.2. Canada12.13. North America Air Conditioning Market Analysis, by Country12.14. U.S. Air Conditioning Market Forecast, by Technology12.14.1. Manual/Semi-automatic Air conditioning12.14.2. Automatic air conditioning12.15. U.S. Air Conditioning Market Forecast, by Component12.15.1. Compressor12.15.2. Evaporator12.15.3. Fan12.15.4. Condenser Coil12.16. U.S. Air Conditioning Market Forecast, by Product12.16.1. Room/Unitary Air Conditioners12.16.2. Chillers12.16.3. VRF Systems12.16.4. Coolers12.16.5. Others12.17. U.S. Air Conditioning Market Forecast, by End User12.17.1. Automotive12.17.2. Commercial12.17.3. Industrial12.17.4. Residential12.18. Canada Air Conditioning Market Forecast, by Technology12.18.1. Manual/Semi-automatic Air conditioning12.18.2. Automatic air conditioning12.19. Canada Air Conditioning Market Forecast, by Component12.19.1. Compressor12.19.2. Evaporator12.19.3. Fan12.19.4. Condenser Coil12.20. Canada Air Conditioning Market Forecast, by Product12.20.1. Room/Unitary Air Conditioners12.20.2. Chillers12.20.3. VRF Systems12.20.4. Coolers12.20.5. Others12.21. Canada Air Conditioning Market Forecast, by End User12.21.1. Automotive12.21.2. Commercial12.21.3. Industrial12.21.4. Residential12.22. North America Air Conditioning Market Attractiveness Analysis12.22.1. By Technology12.22.2. By Component12.22.3. By Product12.22.4. By End User12.23. PEST Analysis12.24. Key Trends12.25. Key Development13. Europe Air Conditioning Market Analysis13.1. Key Findings13.2. Europe Air Conditioning Market Overview13.3. Europe Air Conditioning Market Value Share Analysis, by Technology13.4. Europe Air Conditioning Market Forecast, by Technology13.4.1. Manual/Semi-automatic Air conditioning13.4.2. Automatic air conditioning13.5. Europe Air Conditioning Market Value Share Analysis, by Component13.6. Europe Air Conditioning Market Forecast, by Component13.6.1. Compressor13.6.2. Evaporator13.6.3. Fan13.6.4. Condenser Coil13.7. Europe Air Conditioning Market Value Share Analysis, by Product13.8. Europe Air Conditioning Market Forecast, by Product13.8.1. Room/Unitary Air Conditioners13.8.2. Chillers13.8.3. VRF Systems13.8.4. Coolers13.8.5. Others13.9. Europe Air Conditioning Market Value Share Analysis, by End User13.10. Europe Air Conditioning Market Forecast, by End User13.10.1. Automotive13.10.2. Commercial13.10.3. Industrial13.10.4. Residential13.11. Others Europe Air Conditioning Market Value Share Analysis, by Country13.12. Europe Air Conditioning Market Forecast, by Country13.12.1. Germany13.12.2. U.K.13.12.3. France13.12.4. Italy13.12.5. Spain13.12.6. Rest of Europe13.13. Europe Air Conditioning Market Analysis, by Country13.14. Germany Air Conditioning Market Forecast, by Technology13.14.1. Manual/Semi-automatic Air conditioning13.14.2. Automatic air conditioning13.15. Germany Air Conditioning Market Forecast, by Component13.15.1. Compressor13.15.2. Evaporator13.15.3. Fan13.15.4. Condenser Coil13.16. Germany Air Conditioning Market Forecast, by Product13.16.1. Room/Unitary Air Conditioners13.16.2. Chillers13.16.3. VRF Systems13.16.4. Coolers13.16.5. Others13.17. Germany Air Conditioning Market Forecast, by End User13.17.1. Automotive13.17.2. Commercial13.17.3. Industrial13.17.4. Residential13.18. U.K. Air Conditioning Market Forecast, by Technology13.18.1. Manual/Semi-automatic Air conditioning13.18.2. Automatic air conditioning13.19. U.K. Air Conditioning Market Forecast, by Component13.19.1. Compressor13.19.2. Evaporator13.19.3. Fan13.19.4. Condenser Coil13.20. U.K. Air Conditioning Market Forecast, by Product13.20.1. Room/Unitary Air Conditioners13.20.2. Chillers13.20.3. VRF Systems13.20.4. Coolers13.20.5. Others13.21. U.K. Air Conditioning Market Forecast, by End User13.21.1. Automotive13.21.2. Commercial13.21.3. Industrial13.21.4. Residential13.22. France Air Conditioning Market Forecast, by Technology13.22.1. Manual/Semi-automatic Air conditioning13.22.2. Automatic air conditioning13.23. France Air Conditioning Market Forecast, by Component13.23.1. Compressor13.23.2. Evaporator13.23.3. Fan13.23.4. Condenser Coil13.24. France Air Conditioning Market Forecast, by Product13.24.1. Room/Unitary Air Conditioners13.24.2. Chillers13.24.3. VRF Systems13.24.4. Coolers13.24.5. Others13.25. France Air Conditioning Market Forecast, by End User13.25.1. Automotive13.25.2. Commercial13.25.3. Industrial13.25.4. Residential13.26. Italy Air Conditioning Market Forecast, by Technology13.26.1. Manual/Semi-automatic Air conditioning13.26.2. Automatic air conditioning13.27. Italy Air Conditioning Market Forecast, by Component13.27.1. Compressor13.27.2. Evaporator13.27.3. Fan13.27.4. Condenser Coil13.28. Italy Air Conditioning Market Forecast, by Product13.28.1. Room/Unitary Air Conditioners13.28.2. Chillers13.28.3. VRF Systems13.28.4. Coolers13.28.5. Others13.29. Italy Air Conditioning Market Forecast, by End User13.29.1. Automotive13.29.2. Commercial13.29.3. Industrial13.29.4. Residential13.30. Spain Air Conditioning Market Forecast, by Technology13.30.1. Manual/Semi-automatic Air conditioning13.30.2. Automatic air conditioning13.31. Spain Air Conditioning Market Forecast, by Component13.31.1. Compressor13.31.2. Evaporator13.31.3. Fan13.31.4. Condenser Coil13.32. Spain Air Conditioning Market Forecast, by Product13.32.1. Room/Unitary Air Conditioners13.32.2. Chillers13.32.3. VRF Systems13.32.4. Coolers13.32.5. Others13.33. Spain Air Conditioning Market Forecast, by End User13.33.1. Automotive13.33.2. Commercial13.33.3. Industrial13.33.4. Residential13.34. Rest of Europe Air Conditioning Market Forecast, by Technology13.34.1. Manual/Semi-automatic Air conditioning13.34.2. Automatic air conditioning13.35. Rest of Europe Air Conditioning Market Forecast, by Component13.35.1. Compressor13.35.2. Evaporator13.35.3. Fan13.35.4. Condenser Coil13.36. Rest of Europe Air Conditioning Market Forecast, by Product13.36.1. Room/Unitary Air Conditioners13.36.2. Chillers13.36.3. VRF Systems13.36.4. Coolers13.36.5. Others13.37. Rest Of Europe Air Conditioning Market Forecast, by End User13.37.1. Automotive13.37.2. Commercial13.37.3. Industrial13.37.4. Residential13.38. Europe Air Conditioning Market Attractiveness Analysis13.38.1. By Technology13.38.2. By Component13.38.3. By Product13.38.4. By End User13.39. PEST Analysis13.40. Key Trends13.41. Key Development14. Asia Pacific Air Conditioning Market Analysis14.1. Key Findings14.2. Asia Pacific Air Conditioning Market Overview14.3. Asia Pacific Air Conditioning Market Value Share Analysis, by Technology14.4. Asia Pacific Air Conditioning Market Forecast, by Technology14.4.1. Manual/Semi-automatic Air conditioning14.4.2. Automatic air conditioning14.5. Asia Pacific Air Conditioning Market Value Share Analysis, by Component14.6. Asia Pacific Air Conditioning Market Forecast, by Component14.6.1. Compressor14.6.2. Evaporator14.6.3. Fan14.6.4. Condenser Coil14.7. Asia Pacific Air Conditioning Market Value Share Analysis, by Product14.8. Asia Pacific Air Conditioning Market Forecast, by Product14.8.1. Room/Unitary Air Conditioners14.8.2. Chillers14.8.3. VRF Systems14.8.4. Coolers14.8.5. Others14.9. Asia Pacific Air Conditioning Market Value Share Analysis, by End User14.10. Asia Pacific Air Conditioning Market Forecast, by End User14.10.1. Automotive14.10.2. Commercial14.10.3. Industrial14.10.4. Residential14.11. Asia Pacific Air Conditioning Market Value Share Analysis, by Country14.12. Asia Pacific Air Conditioning Market Forecast, by Country14.12.1. China14.12.2. India14.12.3. Japan14.12.4. ASEAN14.12.5. Rest of Asia Pacific14.13. Asia Pacific Air Conditioning Market Analysis, by Country14.14. China Air Conditioning Market Forecast, by Technology14.14.1. Manual/Semi-automatic Air conditioning14.14.2. Automatic air conditioning14.15. China Air Conditioning Market Forecast, by Component14.15.1. Compressor14.15.2. Evaporator14.15.3. Fan14.15.4. Condenser Coil14.16. China Air Conditioning Market Forecast, by Product14.16.1. Room/Unitary Air Conditioners14.16.2. Chillers14.16.3. VRF Systems14.16.4. Coolers14.16.5. Others14.17. China Air Conditioning Market Forecast, by End User14.17.1. Automotive14.17.2. Commercial14.17.3. Industrial14.17.4. Residential14.18. India Air Conditioning Market Forecast, by Technology14.18.1. Manual/Semi-automatic Air conditioning14.18.2. Automatic air conditioning14.19. India Air Conditioning Market Forecast, by Component14.19.1. Compressor14.19.2. Evaporator14.19.3. Fan14.19.4. Condenser Coil14.20. India Air Conditioning Market Forecast, by Product14.20.1. Room/Unitary Air Conditioners14.20.2. Chillers14.20.3. VRF Systems14.20.4. Coolers14.20.5. Others14.21. India Air Conditioning Market Forecast, by End User14.21.1. Automotive14.21.2. Commercial14.21.3. Industrial14.21.4. Residential14.22. Japan Air Conditioning Market Forecast, by Technology14.22.1. Manual/Semi-automatic Air conditioning14.22.2. Automatic air conditioning14.23. Japan Air Conditioning Market Forecast, by Component14.23.1. Compressor14.23.2. Evaporator14.23.3. Fan14.23.4. Condenser Coil14.24. Japan Air Conditioning Market Forecast, by Product14.24.1. Room/Unitary Air Conditioners14.24.2. Chillers14.24.3. VRF Systems14.24.4. Coolers14.24.5. Others14.25. Japan Air Conditioning Market Forecast, by End User14.25.1. Automotive14.25.2. Commercial14.25.3. Industrial14.25.4. Residential14.26. ASEAN Air Conditioning Market Forecast, by Technology14.26.1. Manual/Semi-automatic Air conditioning14.26.2. Automatic air conditioning14.27. ASEAN Air Conditioning Market Forecast, by Component14.27.1. Compressor14.27.2. Evaporator14.27.3. Fan14.27.4. Condenser Coil14.28. ASEAN Air Conditioning Market Forecast, by Product14.28.1. Room/Unitary Air Conditioners14.28.2. Chillers14.28.3. VRF Systems14.28.4. Coolers14.28.5. Others14.29. ASEAN Air Conditioning Market Forecast, by End User14.29.1. Automotive14.29.2. Commercial14.29.3. Industrial14.29.4. Residential14.30. Rest of Asia Pacific Air Conditioning Market Forecast, by Technology14.30.1. Manual/Semi-automatic Air conditioning14.30.2. Automatic air conditioning14.31. Rest of Asia Pacific Air Conditioning Market Forecast, by Component14.31.1. Compressor14.31.2. Evaporator14.31.3. Fan14.31.4. Condenser Coil14.32. Rest of Asia Pacific Air Conditioning Market Forecast, by Product14.32.1. Room/Unitary Air Conditioners14.32.2. Chillers14.32.3. VRF Systems14.32.4. Coolers14.32.5. Others14.33. Rest of Asia Pacific Air Conditioning Market Forecast, by End User14.33.1. Automotive14.33.2. Commercial14.33.3. Industrial14.33.4. Residential14.34. Asia Pacific Air Conditioning Market Attractiveness Analysis14.34.1. By Technology14.34.2. By Component14.34.3. By Product14.34.4. By End User14.35. PEST Analysis14.36. Key Trends14.37. Key Development15. Middle East & Africa Air Conditioning Market Analysis15.1. Key Findings15.2. Middle East & Africa Air Conditioning Market Overview15.3. Middle East & Africa Air Conditioning Market Value Share Analysis, by Technology15.4. Middle East & Africa Air Conditioning Market Forecast, by Technology15.4.1. Manual/Semi-automatic Air conditioning15.4.2. Automatic air conditioning15.5. Middle East & Africa Air Conditioning Market Value Share Analysis, by Component15.6. Middle East & Africa Air Conditioning Market Forecast, by Component15.6.1. Compressor15.6.2. Evaporator15.6.3. Fan15.6.4. Condenser Coil15.7. Middle East & Africa Air Conditioning Market Value Share Analysis, by Product15.8. Middle East & Africa Air Conditioning Market Forecast, by Product15.8.1. Room/Unitary Air Conditioners15.8.2. Chillers15.8.3. VRF Systems15.8.4. Coolers15.8.5. Others15.9. Middle East & Africa Air Conditioning Market Value Share Analysis, by End User15.10. Middle East & Africa Air Conditioning Market Forecast, by End User15.10.1. Automotive15.10.2. Commercial15.10.3. Industrial15.10.4. Residential15.11. Middle East & Africa Air Conditioning Market Value Share Analysis, by Country15.12. Middle East & Africa Air Conditioning Market Forecast, by Country15.12.1. GCC15.12.2. South Africa15.12.3. Rest of Middle East & Africa15.13. Middle East & Africa Air Conditioning Market Analysis, by Country15.14. GCC Air Conditioning Market Forecast, by Technology15.14.1. Manual/Semi-automatic Air conditioning15.14.2. Automatic air conditioning15.15. GCC Air Conditioning Market Forecast, by Component15.15.1. Compressor15.15.2. Evaporator15.15.3. Fan15.15.4. Condenser Coil15.16. GCC Air Conditioning Market Forecast, by Product15.16.1. Room/Unitary Air Conditioners15.16.2. Chillers15.16.3. VRF Systems15.16.4. Coolers15.16.5. Others15.17. GCC Air Conditioning Market Forecast, by End User15.17.1. Automotive15.17.2. Commercial15.17.3. Industrial15.17.4. Residential15.18. South Africa Air Conditioning Market Forecast, by Technology15.18.1. Manual/Semi-automatic Air conditioning15.18.2. Automatic air conditioning15.19. South Africa Air Conditioning Market Forecast, by Component15.19.1. Compressor15.19.2. Evaporator15.19.3. Fan15.19.4. Condenser Coil15.20. South Africa Air Conditioning Market Forecast, by Product15.20.1. Room/Unitary Air Conditioners15.20.2. Chillers15.20.3. VRF Systems15.20.4. Coolers15.20.5. Others15.21. South Africa Air Conditioning Market Forecast, by End User15.21.1. Automotive15.21.2. Commercial15.21.3. Industrial15.21.4. Residential15.22. Rest of Middle East & Africa Air Conditioning Market Forecast, by Technology15.22.1. Manual/Semi-automatic Air conditioning15.22.2. Automatic air conditioning15.23. Rest of Middle East & Africa Air Conditioning Market Forecast, by Component15.23.1. Compressor15.23.2. Evaporator15.23.3. Fan15.23.4. Condenser Coil15.24. Rest of Middle East & Africa Air Conditioning Market Forecast, by Product15.24.1. Room/Unitary Air Conditioners15.24.2. Chillers15.24.3. VRF Systems15.24.4. Coolers15.24.5. Others15.25. Rest of Middle East & Africa Air Conditioning Market Forecast, by End User15.25.1. Automotive15.25.2. Commercial15.25.3. Industrial15.25.4. Residential15.26. Middle East & Africa Air Conditioning Market Attractiveness Analysis15.26.1. By Technology15.26.2. By Component15.26.3. By Product15.26.4. By End User15.27. PEST Analysis15.28. Key Trends15.29. Key Development16. South America Air Conditioning Market Analysis16.1. Key Findings16.2. South America Air Conditioning Market Overview16.3. South America Air Conditioning Market Value Share Analysis, by Technology16.4. South America Air Conditioning Market Forecast, by Technology16.4.1. Manual/Semi-automatic Air conditioning16.4.2. Automatic air conditioning16.5. South America Air Conditioning Market Value Share Analysis, by Component16.6. South America Air Conditioning Market Forecast, by Component16.6.1. Compressor16.6.2. Evaporator16.6.3. Fan16.6.4. Condenser Coil16.7. South America Air Conditioning Market Value Share Analysis, by Product16.8. South America Air Conditioning Market Forecast, by Product16.8.1. Room/Unitary Air Conditioners16.8.2. Chillers16.8.3. VRF Systems16.8.4. Coolers16.8.5. Others16.9. South America Air Conditioning Market Value Share Analysis, by End User16.10. South America Air Conditioning Market Forecast, by End User16.10.1. Automotive16.10.2. Commercial16.10.3. Industrial16.10.4. Residential16.11. South America Air Conditioning Market Value Share Analysis, by Country16.12. South America Air Conditioning Market Forecast, by Country16.12.1. Brazil16.12.2. Mexico16.12.3. Rest of South America16.13. South America Air Conditioning Market Analysis, by Country16.14. Brazil Air Conditioning Market Forecast, by Technology16.14.1. Manual/Semi-automatic Air conditioning16.14.2. Automatic air conditioning16.15. Brazil Air Conditioning Market Forecast, by Component16.15.1. Compressor16.15.2. Evaporator16.15.3. Fan16.15.4. Condenser Coil16.16. Brazil Air Conditioning Market Forecast, by Product16.16.1. Room/Unitary Air Conditioners16.16.2. Chillers16.16.3. VRF Systems16.16.4. Coolers16.16.5. Others16.17. Brazil Air Conditioning Market Forecast, by End User16.17.1. Automotive16.17.2. Commercial16.17.3. Industrial16.17.4. Residential16.18. Mexico Air Conditioning Market Forecast, by Technology16.18.1. Manual/Semi-automatic Air conditioning16.18.2. Automatic air conditioning16.19. Mexico Air Conditioning Market Forecast, by Component16.19.1. Compressor16.19.2. Evaporator16.19.3. Fan16.19.4. Condenser Coil16.20. Mexico Air Conditioning Market Forecast, by Product16.20.1. Room/Unitary Air Conditioners16.20.2. Chillers16.20.3. VRF Systems16.20.4. Coolers16.20.5. Others16.21. Mexico Air Conditioning Market Forecast, by End User16.21.1. Automotive16.21.2. Commercial16.21.3. Industrial16.21.4. Residential16.22. Rest of South America Air Conditioning Market Forecast, by Technology16.22.1. Manual/Semi-automatic Air conditioning16.22.2. Automatic air conditioning16.23. Rest of South America Air Conditioning Market Forecast, by Component16.23.1. Compressor16.23.2. Evaporator16.23.3. Fan16.23.4. Condenser Coil16.24. Rest of South America Air Conditioning Market Forecast, by Product16.24.1. Room/Unitary Air Conditioners16.24.2. Chillers16.24.3. VRF Systems16.24.4. Coolers16.24.5. Others16.25. Rest of South America Air Conditioning Market Forecast, by End User16.25.1. Automotive16.25.2. Commercial16.25.3. Industrial16.25.4. Residential16.26. South America Air Conditioning Market Attractiveness Analysis16.26.1. By Technology16.26.2. By Component16.26.3. By Product16.26.4. By End User16.27. PEST Analysis16.28. Key Trends16.29. Key Development17. Company Profiles17.1. Market Share Analysis, by Company17.2. Competition Matrix17.2.1. Competitive Benchmarking of key players by price, presence, market share, applications and R&D investment17.2.2. New Product Launches and Product Enhancements17.2.3. Market Consolidation17.2.3.1. M&A by Regions, Investment and Applications17.2.3.2. M&A Key Players, Forward Integration and BackwardIntegration17.3. Company Profiles: Key Players17.3.1. Daikin Industries Ltd.17.3.1.1. Company Overview17.3.1.2. Financial Overview17.3.1.3. Product Portfolio17.3.1.4. Business Strategy17.3.1.5. Recent Developments17.3.1.6. Company Footprint17.3.2. Gree Electrical Appliances, Inc. of Zhuhai17.3.3. United Technologies Corporation17.3.4. Midea Group Co. Ltd.17.3.5. Hitachi-Johnson Controls Air Conditioning, Inc.17.3.6. Ingersoll-Rand plc17.3.7. LG Electronics Inc.17.3.8. Qingdao Haier Co. Ltd.17.3.9. Panasonic Corporation17.3.10. Toshiba Corporation17.3.11. Eberspaecher17.3.12. Hanon Systems17.3.13. Keihin Corporation17.3.14. Sanden Holdings Corporation17.3.15. Mitsubishi Heavy Industries Ltd.17.3.16. Subros Limited18. Primary Key Insights