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Australia Air Conditioner Market Size, Growth, Forecast: By Type: Room AC, Ductless AC, Ducted AC, Centralized AC; By Technology: Automatic, Manual; By Size: <12K BTU, 12K-36K BTU, 36K-60K BTU, 60K+ BTU; By End Use: Residential, Commercial; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Australia Air Conditioner Market Outlook
The Australia air conditioner market size was valued at USD 2.24 billion in 2023. The market is further projected to grow at a CAGR of 5.60% between 2024 and 2032, reaching a value of USD 3.67 billion by 2032.
Key Takeaways
- As per energy.gov.au, cooling can account for 20–50% of energy consumption in Australian homes and 68% of households utilise air conditioning.
- Among the states, Western Australia has the highest reliance, with over three-quarters of households having air conditioning. In contrast, New South Wales and Queensland are the least reliant, with 63% and 62% of households owning an air conditioner, respectively.
- In 2022, Australians ran their air conditioners for 5 hours per day during warmer months, down from 6 hours in the previous year.
The increasing urbanisation and rising disposable incomes in the country have fuelled the demand for air conditioners across residential, commercial, and industrial sectors. The soaring temperatures in Australia, coupled with a growing awareness of the need for reliable cooling solutions due to the country's hot climate, have significantly boosted Australia air conditioner market growth. Additionally, the adoption of energy-efficient technologies and eco-friendly options has further propelled the demand for air conditioners, making them essential commodities in Australia.
Smart air conditioners are gaining popularity in Australia, offering remote control via smartphone apps, voice commands, and integration with smart home devices like Amazon Alexa or Google Home. This trend provides users with convenience and the ability to monitor energy usage, aligning with the growing demand for energy-efficient appliances.
Moreover, there is a growing emphasis on energy-efficient air conditioning systems in Australia, driven by the adoption of inverter technology for better energy efficiency and precise temperature control. This trend aligns with consumer preferences for eco-friendly options, cleaner indoor air quality through air purification features, and the government's push for more energy-efficient appliances to reduce greenhouse gas emissions.
Different types of air conditioners play a crucial role in shaping the Australia air conditioner market development. Room air conditioners, such as split AC are in high demand by residential sector due to rising disposable incomes and the need for reliable cooling solutions in Australia's hot climate. On the other hand, the centralised conditioners dominates the market share as they have energy-efficient cooling systems like variable refrigerant flow (VRF), ductable split, chillers, single packaged systems, among others. Ducted air conditioners, on the other hand, are commonly used in both residential and commercial settings, providing centralised cooling solutions with efficient temperature control and distribution.
Market Segmentation
Australia Air Conditioner Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Room AC
- Spilt AC
- Window AC
- Ductless AC
- Ceiling Suspended
- Cassette
- Floor Standing
- Ducted AC
- Rooftop Packaged
- Ceiling Concealed
- Centralised AC
- VRF
- Chillers
- Condensing Unit
- AHU/FCV
- Others
Market Breakup by Technology
- Automatic
- Manual
Market Breakup by Size
- <12K BTU
- 12K-36K BTU
- 36K-60K BTU
- 60K+ BTU
Market Breakup by End Use
- Residential
- Commercial
Market Breakup by Distribution Channel
- Mult-Brand Stores
- Electronic Stores
- Online
- Others
Market Breakup by Region
- South Wales
- Victoria
- Queensland
- Western Australia
- Australian Capital Territory
- Others
Competitive Landscape
Market players are introducing energy-efficient air conditioners to comply with regulations and to stay ahead in the competition.
- LG Electronics Australia Pty Limited
- Fisher & Paykel Australia Pty Limited
- Daikin Australia Pty Limited
- AHIC (Australia) Pty Ltd
- Panasonic Australia Pty Limited
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Size |
|
| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Air Conditioner Market Overview
8.1 Key Industry Highlights
8.2 Australia Air Conditioner Historical Market (2018-2023)
8.3 Australia Air Conditioner Market Forecast (2024-2032)
9 Australia Air Conditioner Market by Type
9.1 Room AC
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Type
9.1.3.1 Spilt AC
9.1.3.2 Window AC
9.2 Ductless AC
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Type
9.2.3.1 Ceiling Suspended
9.2.3.2 Cassette
9.2.3.3 Floor Standing
9.3 Ducted AC
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Type
9.3.3.1 Rooftop Packaged
9.3.3.2 Ceiling Concealed
9.4 Centralized AC
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Type
9.4.3.1 VRF
9.4.3.2 Chillers
9.4.3.3 Condensing Unit
9.4.3.4 AHU/FCV
9.4.3.5 Others
10 Australia Air Conditioner Market by Technology
10.1 Automatic
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Manual
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Air Conditioner Market by Size
11.1 <12K BTU
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 12K-36K BTU
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 36K-60K BTU
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 60K+ BTU
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 Australia Air Conditioner Market by End Use
12.1 Residential
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Commercial
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Australia Air Conditioner Market by Distribution Channel
13.1 Mult-Brand Stores
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Electronic Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Australia Air Conditioner Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Trade Data Analysis (HS Code - 841583)
17.1 Major Importing Countries
17.1.1 By Volume
17.1.2 By Value
17.2 Major Exporting Countries
17.2.1 By Volume
17.2.2 By Value
18 Price Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 LG Electronics Australia Pty Limited
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Fisher & Paykel Australia Pty Limited
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Daikin Australia Pty Limited
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 AHIC (Australia) Pty Ltd
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Panasonic Australia Pty Limited
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Air Conditioner Market: Key Industry Highlights, 2018 and 2032
2. Australia Air Conditioner Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Australia Air Conditioner Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Australia Air Conditioner Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Australia Air Conditioner Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Australia Air Conditioner Historical Market: Breakup by Size (USD Billion), 2018-2023
7. Australia Air Conditioner Market Forecast: Breakup by Size (USD Billion), 2024-2032
8. Australia Air Conditioner Historical Market: Breakup by End Use (USD Billion), 2018-2023
9. Australia Air Conditioner Market Forecast: Breakup by End Use (USD Billion), 2024-2032
10. Australia Air Conditioner Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11. Australia Air Conditioner Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
12. Australia Air Conditioner Historical Market: Breakup by Region (USD Billion), 2018-2023
13. Australia Air Conditioner Market Forecast: Breakup by Region (USD Billion), 2024-2032
14. Major Importing Countries by Volume
15. Major Exporting Countries by Volume
16. Major Importing Countries by Value
17. Major Exporting Countries by Value
18. Australia Air Conditioner Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.24 billion.
The market is expected to grow at a CAGR of 5.60% between 2024 and 2032.
The air conditioner market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.67 billion by 2032.
The market is driven by factors like technological advancements, climate conditions, and consumer preferences for smarter, more efficient, and environmentally conscious air conditioning solutions.
Key trends aiding the market expansion are rise of smart air conditioners, focus on energy efficient cooling technologies, and manufacturer’s transition to natural refrigerants (carbon dioxide and ammonia) and HFO/HFC blends, moving away from traditional options like HFC-134a.
Regions considered in the market are South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Different types of air conditioners are room AC, ductless AC, ducted AC, and centralised AC.
Based on technology, the market segmentations include automatic and manual.
Residential and commercial end users are considered in the report.
Key players in the market are LG Electronics Australia Pty Limited, Fisher & Paykel Australia Pty Limited, Daikin Australia Pty Limited, AHIC (Australia) Pty Ltd, and Panasonic Australia Pty Limited, among others.
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