Air Conditioners - EU-27
EU-27- In 2024, the revenue in the Air Conditioners market in the EU-27 amounts to US$7.05bn.
- It is projected that the market will experience an annual growth rate of 6.26% (CAGR 2024-2029).
- When compared globally, China generates the most revenue in this segment, with US$16bn in 2024.
- To put this into perspective, in 2024, each household in the EU-27 generates revenues of US$36.16 in the Air Conditioners market.
- Looking ahead, it is expected that the volume in the Air Conditioners market will reach 7.4m pieces units by 2029.
- Additionally, there is an estimated volume growth of 5.8% in 2025.0.
- On average, each household in the EU-27 is expected to have 0.03pieces units in the Air Conditioners market in 2024.
- In the EU-27, Germany leads the way in the air conditioner market with its strong focus on energy-efficient and eco-friendly cooling solutions.
- Key regions:
- Indonesia,
- India,
- Japan,
- China,
- Worldwide
Definition: The category of air conditioners includes single-piece air conditioners, such as window air conditioners and split air conditioners, which are installed in a location and provide both cooling and heating functionality. This market excludes portable air conditioning units that are typically designed for temporary or mobile applications, as well as commercial air conditioners and heaters.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, and average revenue and volume per household.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Window air conditioners such as Voltas 3 Star Window AC, Carrier 1.5 Ton 3 Star Window AC etc
- Split-air conditioners such as Haier 1.5 Ton 3 Star Split System AC, Whirlpool 1.5 Ton 3 Star, Flexicool Inverter Split AC etc
Out-Of-Scope
- Commercial air conditioners
- Portable air conditioners
- Heaters
- Centralized air conditioners
- Coolers
