Air Conditioners - Taiwan
Taiwan- In 2024, the Air Conditioners market in Taiwan is projected to generate revenue of US$918.50m.
- It is anticipated that the market will experience an annual growth rate of 6.28% (CAGR 2024-2029).
- When compared globally, China leads the market with revenue of US$16bn in 2024.
- Furthermore, in relation to the total number of households, each household is expected to generate revenues of US$113.10 in 2024.
- Looking ahead to 2029, the volume in the Air Conditioners market is estimated to reach 1.7m pieces units.
- Additionally, a volume growth of 4.8% is projected for the year 2025.0.
- It is expected that the average volume per household in the Air Conditioners market will amount to 0.17pieces units in 2024.
- Taiwan's air conditioner market is experiencing a surge in demand due to the country's hot and humid climate.
- 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
