Product Code: GVR-4-68040-510-2
Smart Air Conditioning Market Size & Trends:
The global smart air conditioning market size was estimated at USD 20.75 billion in 2024 and is expected to witness a CAGR of 13.6% from 2025 to 2030. The smart air conditioning industry is growing quickly as demand for energy-efficient and connected cooling solutions increases. Features such as remote control, automation, and integration with smart home systems are attracting residential, commercial, and industrial customers. The need for energy savings and improved air quality is boosting the market's growth further. Consumers are increasingly looking for sustainable and cost-effective ways to cool their spaces. As a result, smart air conditioning systems are becoming a popular choice for those seeking enhanced comfort and efficiency.
The increased integration of Wi-Fi, mobile apps, and voice control systems allows users to remotely manage their air conditioning units, enhancing convenience and efficiency. Companies are adopting these smart features to meet the growing demand for seamless control and energy optimization. These technologies allow for remote control and monitoring of air conditioning units, enhancing user convenience and driving energy efficiency. For instance, in August 2024, LG Electronics launched its residential split system air conditioners in New Zealand, featuring Smart Inverter Compressor technology, smart connectivity via the LG ThinQ app, and energy-saving features such as Active Energy Control. This launch aims to provide efficient and convenient cooling solutions.
Consumers are becoming increasingly aware of the benefits that smart air conditioners offer, such as enhanced comfort and convenience. These units allow for more precise temperature control, which leads to a more comfortable living environment. With features such as remote control via mobile apps and voice assistants, users can easily adjust settings from anywhere, adding to their overall convenience. Smart air conditioners also come with energy-saving features that help reduce electricity consumption, leading to lower energy costs. As energy efficiency becomes a top priority for many households, these systems are seen as a more sustainable option. This growing awareness of both cost savings and environmental impact is driving the market for smart air conditioners.
Cloud adoption boosts the smart air conditioning industry by enabling remote control and monitoring through connected devices, offering users greater convenience. It also allows data analytics, optimizing performance and energy efficiency by analyzing system data in real-time. Cloud-based platforms integrate air conditioning units with other smart systems, facilitating automated control and improving energy management across buildings. Moreover, cloud connectivity ensures real-time software updates, remote diagnostics, and predictive maintenance, reducing manual interventions and maintenance costs. The scalability of cloud technology enables businesses to expand their smart air conditioning systems without complicated setups easily. Finally, subscription-based cloud models lower upfront costs and provide flexibility for system upgrades, making smart air conditioning more accessible and cost-efficient.
Global Smart Air Conditioning Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global smart air conditioning market in terms of product, application and region.
- Product Outlook (Revenue, USD Billion; 2018 - 2030)
- Temperature Control
- Humidity Control
- Ventilation Control
- Integrated Control
- Application Outlook (Revenue, USD Billion; 2018 - 2030)
- Residential Buildings
- Commercial Buildings
- Industrial Buildings
- Regional Outlook (Revenue, USD Billion; 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Middle East & Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Smart Air Conditioning Market Variables, Trends & Scope
- 3.1. Global Smart Air Conditioning Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat from New Entrant
- 3.4.5. Competitive Rivalry
- 3.5. PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technological Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
Chapter 4. Smart Air Conditioning Market: Product Outlook Estimates & Forecasts
- 4.1. Smart Air Conditioning Market: Product Movement Analysis, 2024 & 2030
- 4.1.1. Temperature Control
- 4.1.1.1. Temperature Control Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.2. Humidity Control
- 4.1.2.1. Humidity Control Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.3. Ventilation Control
- 4.1.3.1. Ventilation Control Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.4. Integrated Control
- 4.1.4.1. Integrated Control Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Smart Air Conditioning Market: Application Outlook Estimates & Forecasts
- 5.1. Smart Air Conditioning Market: Application Movement Analysis, 2024 & 2030
- 5.1.1. Residential Buildings
- 5.1.1.1. Residential Buildings Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.1.2. Commercial Buildings
- 5.1.2.1. Commercial Buildings Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.1.3. Industrial Building
- 5.1.3.1. Industrial Buildings Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Smart Air Conditioning Market: Regional Estimates & Trend Analysis
- 6.1. Smart Air Conditioning Market Share, By Region, 2024 & 2030 USD Billion
- 6.2. North America
- 6.2.1. North America Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.1.1. North America Smart Air Conditioning Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 6.2.1.2. North America Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.2.1.3. North America Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2.2. U.S. Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.2.2.3. U.S. Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Canada Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3.2. Canada Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.2.3.3. Canada Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4.2. Mexico Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.2.4.3. Mexico Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.1.1. Europe Smart Air Conditioning Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 6.3.1.2. Europe Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.3.1.3. Europe Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.3.2. UK
- 6.3.2.1. UK Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2.2. UK Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.3.2.3. UK Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
- 6.3.3.1. Germany Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3.2. Germany Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.3.3.3. Germany Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. France Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4.2. France Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.3.4.3. France Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.1.1. Asia Pacific Smart Air Conditioning Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 6.4.1.2. Asia Pacific Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.1.3. Asia Pacific Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. China Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2.2. China Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.2.3. China Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Japan Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3.2. Japan Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.3.3. Japan Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. India Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4.2. India Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.4.3. India Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4.5. Australia
- 6.4.5.1. Australia Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5.2. Australia Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.5.3. Australia Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.4.6. South Korea
- 6.4.6.1. South Korea Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6.2. South Korea Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.4.6.3. South Korea Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.5. Latin America
- 6.5.1. Latin America Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.1.1. Latin America Smart Air Conditioning Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 6.5.1.2. Latin America Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.5.1.3. Latin America Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2.2. Brazil Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.5.2.3. Brazil Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.1.1. Middle East and Africa Smart Air Conditioning Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 6.6.1.2. Middle East and Africa Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.6.1.3. Middle East and Africa Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.6.2. UAE
- 6.6.2.1. UAE Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2.2. UAE Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.6.2.3. UAE Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.6.3. KSA
- 6.6.3.1. KSA Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.3.2. KSA Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.6.3.3. KSA Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Smart Air Conditioning Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.4.2. South Africa Smart Air Conditioning Market Estimates and Forecasts, by Product, 2018 - 2030 (USD Billion)
- 6.6.4.3. South Africa Smart Air Conditioning Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and channel Partners
- 7.2.3. List of Potential Customers/Listing
- 7.3. Competitive Dynamics
- 7.3.1. Competitive Benchmarking
- 7.3.2. Strategy Mapping
- 7.3.3. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. DAIKIN INDUSTRIES Ltd.
- 7.4.1.1. Participant's overview
- 7.4.1.2. Financial performance
- 7.4.1.3. Type benchmarking
- 7.4.1.4. Strategic initiatives
- 7.4.2. Electrolux Group
- 7.4.2.1. Participant's overview
- 7.4.2.2. Financial performance
- 7.4.2.3. Type benchmarking
- 7.4.2.4. Strategic initiatives
- 7.4.3. Carrier
- 7.4.3.1. Participant's overview
- 7.4.3.2. Financial performance
- 7.4.3.3. Type benchmarking
- 7.4.3.4. Strategic initiatives
- 7.4.4. Hitachi, Ltd.
- 7.4.4.1. Participant's overview
- 7.4.4.2. Financial performance
- 7.4.4.3. Type benchmarking
- 7.4.4.4. Strategic initiatives
- 7.4.5. MITSUBISHI ELECTRIC CORPORATION
- 7.4.5.1. Participant's overview
- 7.4.5.2. Financial performance
- 7.4.5.3. Type benchmarking
- 7.4.5.4. Strategic initiatives
- 7.4.6. Panasonic Holdings Corporation
- 7.4.6.1. Participant's overview
- 7.4.6.2. Financial performance
- 7.4.6.3. Type benchmarking
- 7.4.6.4. Strategic initiatives
- 7.4.7. Voltas Ltd.
- 7.4.7.1. Participant's overview
- 7.4.7.2. Financial performance
- 7.4.7.3. Type benchmarking
- 7.4.7.4. Strategic initiatives
- 7.4.8. Johnson Controls
- 7.4.8.1. Participant's overview
- 7.4.8.2. Financial performance
- 7.4.8.3. Type benchmarking
- 7.4.8.4. Strategic initiatives
- 7.4.9. TOSHIBA CORPORATION
- 7.4.9.1. Participant's overview
- 7.4.9.2. Financial performance
- 7.4.9.3. Type benchmarking
- 7.4.9.4. Strategic initiatives
- 7.4.10. FUJITSU GENERAL
- 7.4.10.1. Participant's overview
- 7.4.10.2. Financial performance
- 7.4.10.3. Type benchmarking
- 7.4.10.4. Strategic initiatives