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United States Air Conditioners (AC) Market: 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; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

United States Air Conditioners (AC) Market Outlook

The United States air conditioners (AC) market attained a value of about USD 21.43 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5.6%.

 

Rising Use of Air Conditioners (AC) in the Residential and Commercial Sectors Augmenting the Market Growth

The extensive use of air conditioners (AC) in the residential, commercial, and industrial sectors is aiding the growth of the industry. With the rising temperature owing to rapid climate change, the demand for air conditioners in cooler regions like Oregon, Seattle, and Portland, among others, is significantly surging, hence fuelling the industry growth.

 

United States Air Conditioners (AC) Market

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The growing demand for cost-effective air conditioners (AC) by the middle-and-low-income families in the United States is further bolstering the market growth. As extensive greenhouse gas emissions by air conditioners are emerging, which is one of the most critical issues, the development of energy-efficient and sustainable air conditioners (AC) is escalating, which is providing further impetus to the industry growth.

As the trend of installing connected devices is significantly growing, the demand for air conditioners (AC) that can be controlled through smartphones is increasing, hence augmenting the market growth. Moreover, smart air conditioners (AC) provide data regarding usage, energy consumption, and performance to enable efficient management and maintenance, which is propelling the industry growth. The growing preference for air conditioners (AC) with self-diagnosis features to boost cost-effectiveness and minimise downtime is significantly contributing to the growth of the market.

 

Air Conditioners (AC): Market Segmentation

Air conditioners (AC) are systems that control and monitor the temperature, humidity, and ventilation in enclosed spaces like vehicles or buildings. They maintain a cool atmosphere by removing the moisture and heat from enclosed spaces. Air conditioners also filter dust, pollen, and other allergens to boost the indoor air quality, due to which they are increasingly preferred.

The major types of air conditioners (AC) are:

  • Window AC
  • Central AC
  • Mini Split AC
  • Others

Based on size, the market is divided into:

  • <12K BTU
  • 12K-36K BTU
  • 36K-60K BTU
  • 60K+ BTU

The market can be broadly categorised on the basis of its end uses into:

  • Commercial
  • Residential

By distribution channels, the market is classified into:

  • Hypermarkets
  • Electronic Stores
  • Online
  • Others

 

Integration of Technologies in Air Conditioners (AC) to Fuel the Growth of the Market in the United States

The growing integration of the latest technologies like 3D printing in the manufacturing of air conditioners (AC) is augmenting the growth of the industry. 3D printing can effectively customise the design of air conditioners (AC) in accordance with consumers’ preferences, which is expected to bolster their demand. Moreover, the use of 3D printing is anticipated to boost the cost-effectiveness and manufacturing time of air conditioners, which is estimated to drive the market growth in the forecast period.

The increasing research activities to boost the cost-effectiveness and energy-efficiency of air conditioners (AC) is expected to bolster the market growth. The use of environmentally friendly saline and thin membranes to boost the affordability of air conditioners (AC) is predicted to propel the industry growth. In addition, the utilisation of solar thermal energy as a power source for air conditioners (AC) to eliminate utility costs and boost their sustainability is anticipated to augment the market growth. Various researchers are increasingly attempting to develop cooling technologies that do not utilise water or air, which is anticipated to aid the growth of the market. The development of air conditioners (AC) that enhances the air quality of enclosed spaces in the wake of the COVID-19 pandemic is projected to propel the industry growth.

 

Key Industry Players in the United States Air Conditioners (AC) Market

The report presents a detailed analysis of the following key players in the United States air conditioners (AC) market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Nortek
  • AB Electrolux
  • LG Electronics
  • DAIKIN INDUSTRIES, Ltd.
  • Fujitsu General Limited
  • Johnson Controls
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Size, End Use, Distribution Channel
Breakup by Type Window AC, Central AC, Mini Split AC, Others
Breakup by Size <12K BTU, 12K-36K BTU, 36K-60K BTU, 60K+ BTU
Breakup by End Use Commercial, Residential
Breakup by Distribution Channel Hypermarkets, Electronic Stores, Online, Others
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Nortek, AB Electrolux, LG Electronics, DAIKIN INDUSTRIES, Ltd.,, Fujitsu General Limited, Johnson Controls, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Snapshot
    6.1    United States
7    Industry Opportunities and Challenges
8    United States Air Conditioners (AC) Market Analysis

    8.1    Key Industry Highlights
    8.2    United States Air Conditioners (AC) Historical Market (2017-2021) 
    8.3    United States Air Conditioners (AC) Market Forecast (2022-2027)
    8.4    United States Air Conditioners (AC) Market by Type
        8.4.1    Window AC
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Central AC
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Mini Split AC
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Others
    8.5    United States Air Conditioners (AC) Market by Size
        8.5.1    <12K BTU
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    12K-36K BTU
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    36K-60K BTU
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    60K+ BTU
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    United States Air Conditioners (AC) Market by End Use
        8.6.1    Commercial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Residential
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    United States Air Conditioners (AC) Market by Distribution Channel
        8.7.1    Hypermarket
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Electronic Stores
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Online
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Others
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
    9.3    Key Indicators for Demand
    9.4    Key Indicators for Price
10    Value Chain Analysis
11    Competitive Landscape

    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Nortek
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    AB Electrolux
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    LG Electronics
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    DAIKIN INDUSTRIES, Ltd.,
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Fujitsu General Limited
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Johnson Controls
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Development

 

List of Key Figures and Tables

1.    United States Air Conditioners (AC) Market: Key Industry Highlights, 2017 and 2027
2.    United States Air Conditioners (AC) Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    United States Air Conditioners (AC) Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    United States Air Conditioners (AC) Historical Market: Breakup by Size (USD Billion), 2017-2021
5.    United States Air Conditioners (AC) Market Forecast: Breakup by Size (USD Billion), 2022-2027
6.    United States Air Conditioners (AC) Historical Market: Breakup by End Use (USD Billion), 2017-2021
7.    United States Air Conditioners (AC) Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8.    United States Air Conditioners (AC) Historical Market: Breakup by Distribution Channels (USD Billion), 2017-2021
9.    United States Air Conditioners (AC) Market Forecast: Breakup by Distribution Channels (USD Billion), 2022-2027
10.    United States Air Conditioners (AC) Historical Market: Breakup by Region (USD Billion), 2017-2021
11.    United States Air Conditioners (AC) Market Forecast: Breakup by Region (USD Billion), 2022-2027
12.    United States Air Conditioners (AC) Market Structure

Key Questions Answered in the Report

In 2021, the United States air conditioners (AC) market attained a value of nearly USD 21.43 billion.

The market is projected to grow at a CAGR of 5.6% between 2022 and 2027.

The market is being aided by the rising use of air conditioners (AC) in the residential and commercial sectors, the growing use of smart air conditioners (AC), and the development of energy-efficient and sustainable air conditioners (AC).

The market is expected to be driven by the integration of 3D printing in the manufacturing of air conditioners (ACs), the increasing research activities to boost the sustainability of air conditioners (AC), and the rising use of solar thermal power as an energy source for air conditioners.

The major types of air conditioners (AC) in the industry are window AC, central AC, and mini split AC, among others.

The various sizes of air conditioners (AC) are under 65K BHT, 65-250K BHT, and more than 250K BHT.

The different end uses of air conditioners (AC) are commercial and residential.

The significant distribution channels in the market are hypermarket, electronic stores, and online, among others.

The major players in the industry are Nortek, AB Electrolux, LG Electronics, DAIKIN INDUSTRIES, Ltd., Fujitsu General Limited, and Johnson Controls, among others.

Analyst Review

The United States air conditioners (AC) market attained a value of nearly USD 21.43 billion in 2021, driven by the development of energy-efficient and sustainable air conditioners (AC). Aided by the integration of 3D printing in the manufacturing of air conditioners (ACs), the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the air conditioners (AC) industry in the United States can be segmented into window AC, central AC, and mini split AC, among others. By size, the market is categorised into <12K BTU, 12K-36K BTU, 36K-60K BTU, 60K+ BTU. On the basis of end uses, the market is bifurcated into commercial and residential. Based on distribution channels, the industry is divided into hypermarket, electronic stores, and online, among others. The key players in the above market include Nortek, AB Electrolux, LG Electronics, DAIKIN INDUSTRIES, Ltd., Fujitsu General Limited, and Johnson Controls, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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