The global smart air conditioning market is anticipated to grow at a considerable CAGR of 11.2% during the forecast period. The rising average temperature is one of the prime factors affecting and driving the demand of smart air conditioning market. As per 2020, Annual Climate Report of National Oceanic and Atmospheric Administration, the temperature of land and ocean has increased with an average rate of around 0.13 degrees Fahrenheit (0.08 degrees Celsius) per decade when compared since 1880. Moreover, one of the main causes of increasing temperature is due to rising greenhouse gas emissions that is through various activities performed by human. This, in turn, is boosting the adoption of smart air conditioners for getting more cooling temperature along with more convenience and comfort.
To gain on the opportunity key players operating in the global smart air conditioning market had been adopting strategy such as new launches to achieve major market share. For instance, in September 2020, Ambi Labs had introduced its new smart air conditioning controller that is named as Ambi Climate Mini. Through this new product the user can control air conditioner with the support of voice assistants that includes google along with Alexa.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered-
- By Type
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Daikin Industries, Ltd., Johnson Controls–Hitachi Air Conditioning, LG Electronics, Panasonic Corp., and Samsung
Smart Air Conditioning Market – Segmentation
By Type
- Split Air Conditioner
- Window Air Conditioner
- Packaged Air Conditioner
- Central Air Conditioning System
By End-User
- Residential
- Commercial
- Other
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Smart Air Conditioning Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Ambi Labs.
- Blue Star Ltd.
- DAIKIN INDUSTRIES, Ltd.,
- Danfoss
- Eaton
- Godrej & Boyce Manufacturing Co. Ltd.
- GREE ELECTRIC APPLIANCES, INC.
- Haier Inc.
- Indiegogo, Inc.
- Johnson Controls–Hitachi Air Conditioning
- LG Electronics
- Mitsubishi Electric Corp.
- Panasonic Corp.
- SAMSUNG
- Toshiba Corp.
- Voltas, Inc.
- Whirlpool
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