In 2021, the air conditioning market will be worth USD 95468.5 million. The market for air conditioners is anticipated to increase from USD 103296.92 million in 2022 to USD 179340.42 million in 2030, with a compound annual growth rate (CAGR) of 8.20% over the five-year forecast period (2022– 203. The main factors boosting the air conditioning market growth are rising demand for commercial buildings and customers' rising preference for comfort and convenience.

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Air Condition (AC) Market Share, Size, Trends, and Forecast until 2030

Air Condition (AC) Market is projected to grow at a CAGR of 8.2% and reach USD 179.34 billion by 2030, driven by technological advancements in the coming future