The global smart air conditioning market size is anticipated to reach USD 44.17 billion by 2030 and is expected to expand at a CAGR of 13.6% during the forecast period, according to a new report by Grand View Research, Inc. Market growth is driven by technological advancements, shifting consumer preferences, and increasing environmental awareness.
The rising demand for energy-efficient cooling solutions is expected to drive market growth. As global temperatures continue to climb and urbanization accelerates, consumers and businesses are seeking systems that provide comfort and minimize energy consumption. Smart air conditioners offer a compelling solution to this growing need with features such as inverter technology, energy monitoring, and automated climate control.
The integration of smart home technologies has further propelled market expansion. With the proliferation of IoT devices, consumers are increasingly adopting air conditioning systems that can be controlled remotely via mobile apps, voice assistants, and home automation platforms. This level of convenience and control enhances user experience and contributes to the broader trend of connected living. Additionally, incorporating AI and machine learning into smart AC systems enables predictive maintenance and optimized energy usage, making these units more intelligent and cost-effective.
Rising disposable incomes, particularly in developing economies, have also played a crucial role in boosting the adoption of premium appliances like smart air conditioners. As consumers become more aware of the long-term savings and environmental benefits associated with energy-efficient products, the preference for smart AC units continues to grow. Manufacturers respond to this demand by investing in research and development to enhance product features, improve connectivity, and expand their market reach.
Furthermore, government initiatives promoting sustainable energy use and stricter regulations on energy consumption encourage consumers and businesses to transition to smarter, greener cooling solutions.
Order a free sample PDF of the Smart Air Conditioning Market Intelligence Study, published by Grand View Research.
Further key findings from the report suggest:
- By product, the temperature control segment led the market and accounted for 42.5% of the global revenue in 2024.
- By application, the residential buildings segment led the market. With the rise of smart home technology, there is an increasing demand for HVAC systems that seamlessly integrate with home automation platforms.
- North America accounted to hold significant share in the market and accounted for a 35.9% share in 2024.
- The smart air conditioning market in Asia-Pacific is experiencing rapid growth, driven by the region’s booming urbanization and expanding middle class.
Smart Air Conditioning Market Segmentation
Grand View Research has segmented the global smart air conditioning market based on 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
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Middle East & Africa (MEA)
- KSA
- UAE
- South Africa
List of Key Players in the Smart Air Conditioning Market
- DAIKIN INDUSTRIES Ltd.
- Electrolux Group
- Carrier
- Hitachi, Ltd.
- MITSUBISHI ELECTRIC CORPORATION
- Panasonic Holdings Corporation
- Voltas Ltd.
- Johnson Controls
- TOSHIBA CORPORATION
- FUJITSU GENERAL
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com