Air Conditioners - Southern Europe
Southern Europe- The revenue generated in the Air Conditioners market in Southern Europe amounts to US$4.42bn in 2024.
- It is projected to experience an annual growth rate of 5.96% (CAGR 2024-2029).
- When compared globally, the highest revenue is generated China, reaching a staggering US$16bn in 2024.
- In terms of household revenue, each household in Southern Europe is expected to generate US$55.05 in 2024.
- By 2029, the volume in the Air Conditioners market is projected to reach 5.1m pieces units.
- Furthermore, a volume growth rate of 5.2% is anticipated for 2025.0.
- On average, each household in Southern Europe is expected to have a volume of 0.05pieces units in the Air Conditioners market in 2024.
- The demand for energy-efficient air conditioners is surging in Southern Europe, driven by the region's hot climate and increasing environmental awareness.
- 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
