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report thumbnailCommercial Air Conditioner (AC) Market

Commercial Air Conditioner (AC) Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2024-2032

Commercial Air Conditioner (AC) Market, Forecast 2024-2032

Oct 14 2024
Base Year: 2023
180 Pages
Market Research Future Logo

Commercial Air Conditioner (AC) Market Insightful Analysis: Trends, Competitor Dynamics, and Opportunities 2024-2032

Key Insights

The global commercial air conditioner market is anticipated to reach a value of USD 95.2 billion by 2030, registering a CAGR of 20.3% during the forecast period (2022-2030). An industrial cooler is basically, a commercial air conditioner and it could be used in large-scale commercial facilities like offices, malls, hospitals and hotels for diverse applications. The goal of an HVAC system is to regulate temperatures and moisture in a living environment that is habitable by people. Air conditioners (AC) comes in varying types such as rooftop packaged units, split systems and VRF (Variable Refrigerant Flow) systems. Compressors, condensers, evaporators, and refrigerant pipes they are the first components to take part in doing this work.. Now, the trend in commercial AC technology is about energy efficiency implementation of smart controls for remote monitoring remotely and the use of green refrigerants that will protect the environment, lower carbon footprint and satisfy current rules.

Commercial Air Conditioner (AC) Market Research Report - Market Size, Growth & Forecast

Commercial Air Conditioner (AC) Trends

  • Growing demand for energy-efficient and sustainable AC units
  • Increasing adoption of VRF/VRV systems for large commercial buildings
  • Rising prevalence of smart and connected ACs with advanced controls

Driving Forces: What's Propelling the Commercial Air Conditioner (AC) Market

  • Rapid urbanization and infrastructure development, particularly in emerging markets
  • Increased demand for energy-efficient and sustainable solutions due to rising energy costs and environmental concerns
  • Growing emphasis on indoor air quality and thermal comfort as health and well-being become priorities
  • Government regulations and incentives promoting efficient and environmentally friendly AC systems

Challenges and Restraints in Commercial Air Conditioner (AC) Market

  • Fluctuating raw material prices and supply chain disruptions
  • Stringent regulations on refrigerant use and environmental concerns
  • High initial investment and maintenance costs

Emerging Trends in Commercial Air Conditioner (AC)

  • Integration of AI and IoT for smart and adaptive AC systems
  • Advancements in refrigerants with lower global warming potential (GWP)
  • Increasing popularity of contactless control and remote monitoring

Growth Catalysts in Commercial Air Conditioner (AC) Industry

Commercial Air Conditioner (AC) Market Growth
  • Global economic recovery and increased commercial construction
  • Rising demand for comfort cooling in hospitality, retail, and healthcare sectors
  • Government incentives for energy-efficient ACs and green buildings

Market Segmentation: Commercial Air Conditioner (AC) Analysis

Type:

  • Packaged Air Conditioners
  • VRF/VRV
  • Chiller Units

Refrigerants:

  • R-32
  • A-410A/R-407C
  • R600A/R-290
  • Others

End-User:

  • Healthcare
  • Educational/Institutional
  • Public/Government
  • Retail
  • Hospitality
  • Manufacturing

Leading Players in the Commercial Air Conditioner (AC) Market

  • Carrier Corporation
  • Daikin Industries Ltd.
  • Johnson Controls Pvt. Ltd.
  • Mitsubishi Electric

Significant Developments in Commercial Air Conditioner (AC) Sector

  • Technological advancements in variable refrigerant flow (VRF) systems, enhancing energy efficiency and reducing operating costs
  • Introduction of low-global warming potential (GWP) refrigerants, such as R-32 and R-410A, to reduce environmental impact
  • Integration of smart technology into AC systems, enabling remote monitoring, control, and predictive maintenance
  • Mergers and acquisitions among industry leaders, consolidating the market and driving innovation
  • Advancements in ductless mini-split systems, providing flexible and efficient cooling and heating solutions for small commercial spaces

Comprehensive Coverage Commercial Air Conditioner (AC) Market Report

This report offers a comprehensive analysis of the commercial air conditioner market, covering key market dynamics, industry trends, growth drivers, challenges, segmentation, competitive landscape, and future prospects.

Regional Insight

Commercial Air Conditioner (AC) Market Regional Share
  • Asia-Pacific holds the largest market share due to rapid urbanization and rising construction activities
  • North America and Europe are mature markets with a focus on energy-efficient and sustainable ACs
  • Latin America and the Middle East & Africa regions show promising growth potential in the coming years

Commercial Air Conditioner (AC) Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 20.3% from 2018-2032
Segmentation
  • By Type
    • Packaged Air Conditioners
    • VRF/VRV
  • By Refrigerants
    • R-32
    • A-410A/R-407C
    • R600A/R-290
    • Others
  • By End-User
    • Healthcare
    • Educational/Institutional
    • Public/ Government
    • Retail
    • Hospitality
    • Manufacturing
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of MEA
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. The Change in International Policies is Expected to Impact the Market Growth
      • 3.4. Market Trends
        • 3.4.1 The increasing availability of connected logistics solutions equipped with a high level of interoperability
        • 3.4.2 security and accessibility features
        • 3.4.3 is fuelling the demand for these solutions. Additionally
        • 3.4.4 the need to lower down the cost associated with warehousing services and shipment are driving the growth of the market. The expanded market for intelligent transportation solutions is anticipated to accelerate the growth of the market.
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 5.1. Market Analysis, Insights and Forecast - By Type
        • 5.1.1 Packaged Air Conditioners
        • 5.1.2 VRF/VRV
      • 5.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 5.2.1 R-32
        • 5.2.2 A-410A/R-407C
        • 5.2.3 R600A/R-290
        • 5.2.4 Others
      • 5.3. Market Analysis, Insights and Forecast - By End-User
        • 5.3.1 Healthcare
        • 5.3.2 Educational/Institutional
        • 5.3.3 Public/ Government
        • 5.3.4 Retail
        • 5.3.5 Hospitality
        • 5.3.6 Manufacturing
      • 5.4. Market Analysis, Insights and Forecast - By Region
        • 5.4.1 North America
        • 5.4.2 Middle East & Africa
        • 5.4.3 Asia Pacific
        • 5.4.4 Europe
        • 5.4.5 South America
  6. 6. North America Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Type
        • 6.1.1 Packaged Air Conditioners
        • 6.1.2 VRF/VRV
      • 6.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 6.2.1 R-32
        • 6.2.2 A-410A/R-407C
        • 6.2.3 R600A/R-290
        • 6.2.4 Others
      • 6.3. Market Analysis, Insights and Forecast - By End-User
        • 6.3.1 Healthcare
        • 6.3.2 Educational/Institutional
        • 6.3.3 Public/ Government
        • 6.3.4 Retail
        • 6.3.5 Hospitality
        • 6.3.6 Manufacturing
      • 6.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.4.1 United States
        • 6.4.2 Canada
        • 6.4.3 Mexico
        • 6.4.4 Rest of North America
  7. 7. Middle East & Africa Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Type
        • 7.1.1 Packaged Air Conditioners
        • 7.1.2 VRF/VRV
      • 7.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 7.2.1 R-32
        • 7.2.2 A-410A/R-407C
        • 7.2.3 R600A/R-290
        • 7.2.4 Others
      • 7.3. Market Analysis, Insights and Forecast - By End-User
        • 7.3.1 Healthcare
        • 7.3.2 Educational/Institutional
        • 7.3.3 Public/ Government
        • 7.3.4 Retail
        • 7.3.5 Hospitality
        • 7.3.6 Manufacturing
      • 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.4.1 UAE
        • 7.4.2 South Africa
        • 7.4.3 Saudi Arabia
        • 7.4.4 Rest of MEA
  8. 8. Asia Pacific Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Type
        • 8.1.1 Packaged Air Conditioners
        • 8.1.2 VRF/VRV
      • 8.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 8.2.1 R-32
        • 8.2.2 A-410A/R-407C
        • 8.2.3 R600A/R-290
        • 8.2.4 Others
      • 8.3. Market Analysis, Insights and Forecast - By End-User
        • 8.3.1 Healthcare
        • 8.3.2 Educational/Institutional
        • 8.3.3 Public/ Government
        • 8.3.4 Retail
        • 8.3.5 Hospitality
        • 8.3.6 Manufacturing
      • 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.4.1 China
        • 8.4.2 Japan
        • 8.4.3 India
        • 8.4.4 South Korea
        • 8.4.5 Taiwan
        • 8.4.6 Australia
        • 8.4.7 Rest of Asia-Pacific
  9. 9. Europe Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Type
        • 9.1.1 Packaged Air Conditioners
        • 9.1.2 VRF/VRV
      • 9.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 9.2.1 R-32
        • 9.2.2 A-410A/R-407C
        • 9.2.3 R600A/R-290
        • 9.2.4 Others
      • 9.3. Market Analysis, Insights and Forecast - By End-User
        • 9.3.1 Healthcare
        • 9.3.2 Educational/Institutional
        • 9.3.3 Public/ Government
        • 9.3.4 Retail
        • 9.3.5 Hospitality
        • 9.3.6 Manufacturing
      • 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.4.1 Germany
        • 9.4.2 France
        • 9.4.3 Italy
        • 9.4.4 United Kingdom
        • 9.4.5 Netherlands
        • 9.4.6 Rest of Europe
  10. 10. South America Commercial Air Conditioner (AC) Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Type
        • 10.1.1 Packaged Air Conditioners
        • 10.1.2 VRF/VRV
      • 10.2. Market Analysis, Insights and Forecast - By Refrigerants
        • 10.2.1 R-32
        • 10.2.2 A-410A/R-407C
        • 10.2.3 R600A/R-290
        • 10.2.4 Others
      • 10.3. Market Analysis, Insights and Forecast - By End-User
        • 10.3.1 Healthcare
        • 10.3.2 Educational/Institutional
        • 10.3.3 Public/ Government
        • 10.3.4 Retail
        • 10.3.5 Hospitality
        • 10.3.6 Manufacturing
      • 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.4.1 Brazil
        • 10.4.2 Argentina
        • 10.4.3 Rest of South America
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Carrier Corporation
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Daikin Industries Ltd.
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Johnson Controls Pvt. Ltd.
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Mitsubishi Electric
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 LG Corporation
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Samsung
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Ingersoll Rand Inc.
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Blue Star Ltd.
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Hitachi Ltd.
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Airedale International Air Conditioning
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Commercial Air Conditioner (AC) Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Commercial Air Conditioner (AC) Market Volume Breakdown (Thousand Units, %) by Region 2023 & 2031
  3. Figure 3: Global Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  4. Figure 4: Global Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  5. Figure 5: Global Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  6. Figure 6: Global Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  7. Figure 7: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Packaged Air Conditioners 2020 & 2031
  8. Figure 8: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Packaged Air Conditioners 2020 & 2031
  9. Figure 9: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by VRF/VRV 2020 & 2031
  10. Figure 10: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by VRF/VRV 2020 & 2031
  11. Figure 11: Global Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  12. Figure 12: Global Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  13. Figure 13: Global Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  14. Figure 14: Global Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  15. Figure 15: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by R-32 2020 & 2031
  16. Figure 16: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by R-32 2020 & 2031
  17. Figure 17: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by A-410A/R-407C 2020 & 2031
  18. Figure 18: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by A-410A/R-407C 2020 & 2031
  19. Figure 19: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by R600A/R-290 2020 & 2031
  20. Figure 20: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by R600A/R-290 2020 & 2031
  21. Figure 21: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Others 2020 & 2031
  22. Figure 22: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Others 2020 & 2031
  23. Figure 23: Global Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  24. Figure 24: Global Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  25. Figure 25: Global Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  26. Figure 26: Global Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  27. Figure 27: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Healthcare 2020 & 2031
  28. Figure 28: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Healthcare 2020 & 2031
  29. Figure 29: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Educational/Institutional 2020 & 2031
  30. Figure 30: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Educational/Institutional 2020 & 2031
  31. Figure 31: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Public/ Government 2020 & 2031
  32. Figure 32: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Public/ Government 2020 & 2031
  33. Figure 33: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Retail 2020 & 2031
  34. Figure 34: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Retail 2020 & 2031
  35. Figure 35: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Hospitality 2020 & 2031
  36. Figure 36: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Hospitality 2020 & 2031
  37. Figure 37: Global Commercial Air Conditioner (AC) Market Forecast (USD Billion), by Manufacturing 2020 & 2031
  38. Figure 38: Global Commercial Air Conditioner (AC) Market Forecast (Thousand Units), by Manufacturing 2020 & 2031
  39. Figure 39: Global Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Region 2023 & 2031
  40. Figure 40: Global Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Region 2023 & 2031
  41. Figure 41: Global Commercial Air Conditioner (AC) Market Revenue Share (%), by Region 2023 & 2031
  42. Figure 42: Global Commercial Air Conditioner (AC) Market Volume Share (%), by Region 2023 & 2031
  43. Figure 43: North America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  44. Figure 44: North America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  45. Figure 45: North America Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  46. Figure 46: North America Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  47. Figure 47: North America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  48. Figure 48: North America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  49. Figure 49: North America Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  50. Figure 50: North America Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  51. Figure 51: North America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  52. Figure 52: North America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  53. Figure 53: North America Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  54. Figure 54: North America Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  55. Figure 55: North America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Country 2023 & 2031
  56. Figure 56: North America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Country 2023 & 2031
  57. Figure 57: North America Commercial Air Conditioner (AC) Market Revenue Share (%), by Country 2023 & 2031
  58. Figure 58: North America Commercial Air Conditioner (AC) Market Volume Share (%), by Country 2023 & 2031
  59. Figure 59: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  60. Figure 60: Middle East & Africa Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  61. Figure 61: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  62. Figure 62: Middle East & Africa Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  63. Figure 63: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  64. Figure 64: Middle East & Africa Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  65. Figure 65: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  66. Figure 66: Middle East & Africa Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  67. Figure 67: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  68. Figure 68: Middle East & Africa Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  69. Figure 69: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  70. Figure 70: Middle East & Africa Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  71. Figure 71: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Country 2023 & 2031
  72. Figure 72: Middle East & Africa Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Country 2023 & 2031
  73. Figure 73: Middle East & Africa Commercial Air Conditioner (AC) Market Revenue Share (%), by Country 2023 & 2031
  74. Figure 74: Middle East & Africa Commercial Air Conditioner (AC) Market Volume Share (%), by Country 2023 & 2031
  75. Figure 75: Asia Pacific Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  76. Figure 76: Asia Pacific Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  77. Figure 77: Asia Pacific Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  78. Figure 78: Asia Pacific Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  79. Figure 79: Asia Pacific Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  80. Figure 80: Asia Pacific Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  81. Figure 81: Asia Pacific Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  82. Figure 82: Asia Pacific Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  83. Figure 83: Asia Pacific Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  84. Figure 84: Asia Pacific Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  85. Figure 85: Asia Pacific Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  86. Figure 86: Asia Pacific Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  87. Figure 87: Asia Pacific Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Country 2023 & 2031
  88. Figure 88: Asia Pacific Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Country 2023 & 2031
  89. Figure 89: Asia Pacific Commercial Air Conditioner (AC) Market Revenue Share (%), by Country 2023 & 2031
  90. Figure 90: Asia Pacific Commercial Air Conditioner (AC) Market Volume Share (%), by Country 2023 & 2031
  91. Figure 91: Europe Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  92. Figure 92: Europe Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  93. Figure 93: Europe Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  94. Figure 94: Europe Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  95. Figure 95: Europe Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  96. Figure 96: Europe Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  97. Figure 97: Europe Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  98. Figure 98: Europe Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  99. Figure 99: Europe Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  100. Figure 100: Europe Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  101. Figure 101: Europe Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  102. Figure 102: Europe Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  103. Figure 103: Europe Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Country 2023 & 2031
  104. Figure 104: Europe Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Country 2023 & 2031
  105. Figure 105: Europe Commercial Air Conditioner (AC) Market Revenue Share (%), by Country 2023 & 2031
  106. Figure 106: Europe Commercial Air Conditioner (AC) Market Volume Share (%), by Country 2023 & 2031
  107. Figure 107: South America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Type 2023 & 2031
  108. Figure 108: South America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Type 2023 & 2031
  109. Figure 109: South America Commercial Air Conditioner (AC) Market Revenue Share (%), by Type 2023 & 2031
  110. Figure 110: South America Commercial Air Conditioner (AC) Market Volume Share (%), by Type 2023 & 2031
  111. Figure 111: South America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Refrigerants 2023 & 2031
  112. Figure 112: South America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Refrigerants 2023 & 2031
  113. Figure 113: South America Commercial Air Conditioner (AC) Market Revenue Share (%), by Refrigerants 2023 & 2031
  114. Figure 114: South America Commercial Air Conditioner (AC) Market Volume Share (%), by Refrigerants 2023 & 2031
  115. Figure 115: South America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by End-User 2023 & 2031
  116. Figure 116: South America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by End-User 2023 & 2031
  117. Figure 117: South America Commercial Air Conditioner (AC) Market Revenue Share (%), by End-User 2023 & 2031
  118. Figure 118: South America Commercial Air Conditioner (AC) Market Volume Share (%), by End-User 2023 & 2031
  119. Figure 119: South America Commercial Air Conditioner (AC) Market Revenue (USD Billion), by Country 2023 & 2031
  120. Figure 120: South America Commercial Air Conditioner (AC) Market Volume (Thousand Units), by Country 2023 & 2031
  121. Figure 121: South America Commercial Air Conditioner (AC) Market Revenue Share (%), by Country 2023 & 2031
  122. Figure 122: South America Commercial Air Conditioner (AC) Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  2. Table 2: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  3. Table 3: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  4. Table 4: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  5. Table 5: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  6. Table 6: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  7. Table 7: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Region 2018 & 2031
  9. Table 9: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Region 2018 & 2031
  10. Table 10: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Region 2018 & 2031
  11. Table 11: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  12. Table 12: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  13. Table 13: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  14. Table 14: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  15. Table 15: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  16. Table 16: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  17. Table 17: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Country 2018 & 2031
  18. Table 18: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Country 2018 & 2031
  19. Table 19: United States Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: United States Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  21. Table 21: Canada Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Canada Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  23. Table 23: Mexico Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  24. Table 24: Mexico Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  25. Table 25: Rest of North America Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: Rest of North America Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  27. Table 27: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  28. Table 28: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  29. Table 29: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  30. Table 30: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  31. Table 31: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  32. Table 32: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  33. Table 33: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Country 2018 & 2031
  34. Table 34: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Country 2018 & 2031
  35. Table 35: UAE Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  36. Table 36: UAE Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  37. Table 37: South Africa Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  38. Table 38: South Africa Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  39. Table 39: Saudi Arabia Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Saudi Arabia Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  41. Table 41: Rest of MEA Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Rest of MEA Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  43. Table 43: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  44. Table 44: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  45. Table 45: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  46. Table 46: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  47. Table 47: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  48. Table 48: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  49. Table 49: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Country 2018 & 2031
  50. Table 50: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Country 2018 & 2031
  51. Table 51: China Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  52. Table 52: China Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  53. Table 53: Japan Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  54. Table 54: Japan Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  55. Table 55: India Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  56. Table 56: India Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  57. Table 57: South Korea Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: South Korea Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  59. Table 59: Taiwan Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: Taiwan Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  61. Table 61: Australia Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: Australia Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  63. Table 63: Rest of Asia-Pacific Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Rest of Asia-Pacific Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  65. Table 65: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  66. Table 66: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  67. Table 67: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  68. Table 68: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  69. Table 69: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  70. Table 70: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  71. Table 71: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Country 2018 & 2031
  72. Table 72: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Country 2018 & 2031
  73. Table 73: Germany Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: Germany Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  75. Table 75: France Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: France Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  77. Table 77: Italy Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: Italy Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  79. Table 79: United Kingdom Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: United Kingdom Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  81. Table 81: Netherlands Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Netherlands Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  83. Table 83: Rest of Europe Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: Rest of Europe Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  85. Table 85: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Type 2018 & 2031
  86. Table 86: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Type 2018 & 2031
  87. Table 87: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Refrigerants 2018 & 2031
  88. Table 88: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Refrigerants 2018 & 2031
  89. Table 89: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by End-User 2018 & 2031
  90. Table 90: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by End-User 2018 & 2031
  91. Table 91: Global Commercial Air Conditioner (AC) Market Revenue USD Billion Forecast, by Country 2018 & 2031
  92. Table 92: Global Commercial Air Conditioner (AC) Market Volume Thousand Units Forecast, by Country 2018 & 2031
  93. Table 93: Brazil Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  94. Table 94: Brazil Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  95. Table 95: Argentina Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  96. Table 96: Argentina Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
  97. Table 97: Rest of South America Commercial Air Conditioner (AC) Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  98. Table 98: Rest of South America Commercial Air Conditioner (AC) Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 20.3% from 2018-2032
Segmentation
  • By Type
    • Packaged Air Conditioners
    • VRF/VRV
  • By Refrigerants
    • R-32
    • A-410A/R-407C
    • R600A/R-290
    • Others
  • By End-User
    • Healthcare
    • Educational/Institutional
    • Public/ Government
    • Retail
    • Hospitality
    • Manufacturing
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • Middle East & Africa
    • UAE
    • South Africa
    • Saudi Arabia
    • Rest of MEA
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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