Global Smart Air Conditioning Market

Global Smart Air Conditioning Market Overview

• The global Smart Air Conditioning market size was worth around USD 12.45 Billion in 2023 and is predicted to grow to around USD 30.19 Billion by 2033 with a compound annual growth rate (CAGR) of 9.26% between 2023 and 2033.
• The smart air conditioning industry is the market for the manufacture and sale of air conditioning units that incorporate the latest technologies like IoT (Internet of Things), AI (Artificial Intelligence), and remote-control features.
• The smart air conditioning industry is led by rising demand for energy-saving solutions, higher uptake of smart homes, technology advancements in IoT and AI technologies, higher consumer awareness of sustainability, and rising living standards.

Major vendors in the global smart air conditioning market 

Daikin Industries Ltd., Mitsubishi Electric Corporation, LG Electronics Inc., Samsung Electronics Co., Ltd., Panasonic Corporation, Carrier Corporation, Toshiba Corporation, Hitachi Ltd., Fujitsu General Limited, Gree Electric Appliances Inc., Others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the smart air conditioning market based on the below-mentioned segments:

Global Smart Air Conditioning Market, By Product Type

• Split AC
• Window AC
• Portable AC
• Central AC

Global Smart Air Conditioning Market, By Distribution Channel

• Online
• Offline

Global Smart Air Conditioning Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa