Market Insights Consumer Household Appliances Major Appliances

Air Conditioners - United States

United States

In 2024, the Air Conditioners market in the United States generated a revenue of US$8.52bn.
The market is projected to experience an annual growth rate of 4.03% from 2024 to 2029 (CAGR 2024-2029).
In comparison to other countries, in China leads the market with a revenue of US$15,980m in 2024.
When considering the total number of households, the per household revenue in the Air Conditioners market is estimated to be US$61.93 in 2024.
Looking ahead to 2029, the volume of the Air Conditioners market is expected to reach 9.4m pieces units.
Additionally, there is a projected volume growth rate of 1.4% in 2025.
On average, each household in the United States is expected to have a volume of 0.06pieces units in the Air Conditioners market by 2024.
The demand for energy-efficient air conditioners in the United States is steadily increasing due to growing environmental concerns and government regulations.

Key regions: Indonesia, India, Japan, China, Worldwide

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.