Air conditioner market revenue worldwide 2019-2029

Over the last two observations, the revenue is forecast to significantly increase in all regions. From the selected regions, the ranking by revenue in the 'Air Conditioners' segment of the household appliances market is forecast to be led by Asia with 55.55 billion U.S. dollars. In contrast, the ranking is trailed by the Caribbean with 0.2 billion U.S. dollars, recording a difference of 55.35 billion U.S. dollars to Asia.

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Revenue of the air conditioner market worldwide from 2019 to 2029, by region (in billion U.S. dollars)

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Release date

May 2024

More information

Region

Worldwide

Survey time period

2019 to 2029

Supplementary notes

Data provided by Statista Market Insights are estimates.

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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