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Japan Air Conditioners Market Size, Share, Growth, Analysis: By Type: Window AC, Central AC, Mini Split AC, Others; By Size: <12K BTU, 12K-36K BTU, 36K-60K BTU, 60K+ BTU; By End Use: Commercial, Residential; By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Others; Market Dynamics; Competitive Landscape; 2024-2032
Japan Air Conditioners Market Outlook
The Japan air conditioners market size is projected to grow at a CAGR of 2.32% between 2024 and 2032.
Key Takeaways:
- In 2023, Japan saw 25,066,350 tourists, surging hotel needs, thereby boosting the country's AC market.
- The Statistics of Japan reports 111,214 non-residential buildings constructed in 2023, driving demand for air conditioners.
- Residential AC demand surged with 819,623 new homes built in Japan in 2023, notes the Statistics of Japan.
Based on the end use, commercials boost the Japan air conditioners market growth as they are designed to cater for the need for large spaces, such as offices, restaurants, or hotels and often come with advanced features like central controls, zone cooling and energy management systems
Commercial air conditioners are made for large spaces, such as offices, restaurants, or hotels. Customisation options meet specific needs, while durability ensures longevity under demanding conditions with advanced features such as energy management and zone cooling. Prioritising efficiency cuts business costs, with benefits such as maintenance services and professional installations.
Residential air conditioners prioritise residential comfort with various price options and compatible energy-saving features. The models with air filtration and no noise enhance indoor air quality, offering a blend of comfort, affordability, ease of use, and health benefits as it purify the air and is energy efficient and can also work on inverters.
Daikin unveiled a collection of five fresh residential split system air conditioners in Japan, offering ventilation and humidification features—a novelty for the nation. Kicking off with the debut of Urusara X and Urusara mini in November 2021, these models boasted the capacity to intake external air. The operation could be managed using either the remote controller or the Daikin Smart app. Additionally, a ventilation sensor was integrated to regulate air volume according to room occupancy, and ventilation could be triggered automatically through a Daikin CO2 concentration sensor.
Market Segmentation
Japan Air Conditioners Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Window AC
- Central AC
- Mini Split AC
- Others
Market Breakup by Size
- <12K BTU
- 12K-36K BTU
- 36K-60K BTU
- 60K+ BTU
Market Breakup by End Use
- Commercial
- Residential
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Online Channels
- Others
The Japan air conditioners market key players are Carrier Global Corporation, Fujitsu General Ltd., LG Corporation, Sharp Corporation, Daikin Industries, Ltd., Haier Group Corp., Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Johnson Controls International Plc and Mitsubishi Electric Corp. among 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 Size |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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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 Global Air Conditioners Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Air Conditioners Historical Market (2018-2023)
8.3 Asia Pacific Air Conditioners Market Forecast (2024-2032)
8.4 Asia Pacific Air Conditioners Market Share by Region
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 Japan Air Conditioners Market Overview
9.1 Key Industry Highlights
9.2 Japan Air Conditioners Historical Market (2018-2023)
9.3 Japan Air Conditioners Market Forecast (2024-2032)
10 Japan Air Conditioners Market by Type
10.1 Window AC
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Central AC
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mini Split AC
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Japan Air Conditioners 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 Japan Air Conditioners Market by End Use
12.1 Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Residential
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Japan Air Conditioners Market by Distribution Channel
13.1 Hypermarkets/Supermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Specialty Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online Channels
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Trade Data Analysis (HS Code – 841583)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Carrier Global Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Fujitsu General Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 LG Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Sharp Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Daikin Industries, Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Haier Group Corp.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Samsung Electronics Co. Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Panasonic Holdings Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Johnson Controls International Plc
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Mitsubishi Electric Corp.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Air Conditioners Market: Key Industry Highlights, 2018 and 2032
2. Japan Air Conditioners Market: Key Industry Highlights, 2018 and 2032
3. Japan Air Conditioners Historical Market: Breakup by Type (USD Million), 2018-2023
4. Japan Air Conditioners Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Japan Air Conditioners Historical Market: Breakup by Size (USD Million), 2018-2023
6. Japan Air Conditioners Market Forecast: Breakup by Size (USD Million), 2024-2032
7. Japan Air Conditioners Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Japan Air Conditioners Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Japan Air Conditioners Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Japan Air Conditioners Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Japan Air Conditioners Historical Market: Breakup by Region (USD Million), 2018-2023
12. Japan Air Conditioners Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. Japan Air Conditioners Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.32% between 2024 and 2032.
The air conditioner market is categorised according to the type, which includes window AC, central AC, mini–split AC and others.
The air conditioner market key players are Carrier Global Corporation, Fujitsu General Ltd., LG Corporation, Sharp Corporation, Daikin Industries, Ltd., Haier Group Corp., Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Johnson Controls International Plc and Mitsubishi Electric Corp. among others.
Based on the end use, the market is divided into commercial and residential.
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