Smart Air Conditioning Market
Smart Air Conditioning Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Temperature Control, Humidity Control, Ventilation Control, Integrated Control
- By Component Sensors, Control Valves, Dampers, Controlled & Controlled Devices, Actuators, Pumps & Fans, VAV Controllers, FCU Controllers
- By Application Residential buildings, Industrial buildings, Commercial buildings
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 16.8 Billion |
Revenue 2032: | USD 51.08 Billion |
Revenue CAGR (2024 - 2032): | 13.15% |
Fastest Growing Region (2024 - 2032) | Europe |
Largest Region (2023): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
-
Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
-
Global Smart Air Conditioning Market - Segment Analysis
- Overview
- Global Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
Global Smart Air Conditioning Market - by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
Global Smart Air Conditioning Market - by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
Global Smart Air Conditioning Market - by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
Global Smart Air Conditioning Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
-
North America Smart Air Conditioning Market - Segment Analysis
- Overview
- North America Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
North America Smart Air Conditioning Market, by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
North America Smart Air Conditioning Market, by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
North America Smart Air Conditioning Market, by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
North America Smart Air Conditioning Market, by Country
- U.S.
- U.S. Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- U.S. Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- U.S. Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- U.S. Smart Air Conditioning Market, By Product
- Canada
- Canada Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Canada Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Canada Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Canada Smart Air Conditioning Market, By Product
- Mexico
- Mexico Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Mexico Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Mexico Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Mexico Smart Air Conditioning Market, By Product
- U.S.
-
Europe Smart Air Conditioning Market - Segment Analysis
- Overview
- Europe Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
Europe Smart Air Conditioning Market, by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
Europe Smart Air Conditioning Market, by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
Europe Smart Air Conditioning Market, by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
Europe Smart Air Conditioning Market, by Country
- Germany
- Germany Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Germany Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Germany Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Germany Smart Air Conditioning Market, By Product
- UK
- UK Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- UK Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- UK Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- UK Market, By Product
- France
- France Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- France Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- France Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- France Smart Air Conditioning Market, By Product
- Spain
- Spain Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Spain Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Spain Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Spain Smart Air Conditioning Market, By Product
- Italy
- Italy Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Italy Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Italy Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Italy Smart Air Conditioning Market, By Product
- BENELUX
- BENELUX Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- BENELUX Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- BENELUX Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- BENELUX Smart Air Conditioning Market, By Product
- Rest of Europe
- Rest Of Europe Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Rest Of Europe Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Rest Of Europe Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Rest Of Europe Smart Air Conditioning Market, By Product
- Germany
-
Asia Pacific Smart Air Conditioning Market - Segment Analysis
- Overview
- Asia Pacific Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
Asia Pacific Smart Air Conditioning Market, by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
Asia Pacific Smart Air Conditioning Market, by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
Asia Pacific Smart Air Conditioning Market, by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
Asia Pacific Smart Air Conditioning Market, by Country
- China
- China Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- China Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- China Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- China Smart Air Conditioning Market, By Product
- Japan
- Japan Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Japan Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Japan Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Japan Smart Air Conditioning Market, By Product
- India
- India Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- India Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- India Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- India Smart Air Conditioning Market, By Product
- South Korea
- South Korea Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- South Korea Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- South Korea Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- South Korea Smart Air Conditioning Market, By Product
- South East Asia
- South East Asia Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- South East Asia Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- South East Asia Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- South East Asia Smart Air Conditioning Market, By Product
- Rest of Asia Pacific
- Rest of Asia Pacific Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Rest of Asia Pacific Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Rest of Asia Pacific Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Rest of Asia Pacific Smart Air Conditioning Market, By Product
- China
-
Latin America Smart Air Conditioning Market - Segment Analysis
- Overview
- Latin America Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
Latin America Smart Air Conditioning Market, by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
Latin America Smart Air Conditioning Market, by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
Latin America Smart Air Conditioning Market, by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
Latin America Smart Air Conditioning Market, by Country
- Brazil
- Brazil Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Brazil Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Brazil Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Brazil Smart Air Conditioning Market, By Product
- Argentina
- Argentina Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Argentina Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Argentina Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Argentina Smart Air Conditioning Market, By Product
- Rest of Latin America
- Rest of Latin America Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Rest of Latin America Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Rest of Latin America Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Rest of Latin America Smart Air Conditioning Market, By Product
- Brazil
-
Middle East & Africa Smart Air Conditioning Market - Segment Analysis
- Overview
- Middle East & Africa Smart Air Conditioning Market, 2016 - 2028 (USD Million)
-
Middle East & Africa Smart Air Conditioning Market, by Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
-
Middle East & Africa Smart Air Conditioning Market, by Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
-
Middle East & Africa Smart Air Conditioning Market, by Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
-
Middle East & Africa Smart Air Conditioning Market, by Country
- GCC Countries
- GCC Countries Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- GCC Countries Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- GCC Countries Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- GCC Countries Smart Air Conditioning Market, By Product
- South Africa
- South Africa Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- South Africa Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- South Africa Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- South Africa Smart Air Conditioning Market, By Product
- Rest of Middle East & Africa
- Rest of Middle East & Africa Smart Air Conditioning Market, By Product
- By Temperature Control
- By Humidity Control
- By Ventilation Control
- By Integrated Control
- Rest of Middle East & Africa Smart Air Conditioning Market, By Component
- By Sensors
- By Control Valves
- By Dampers
- By Controlled & Controlled Devices
- By Actuators
- By Pumps & Fans
- By VAV Controllers
- By FCU Controllers
- Rest of Middle East & Africa Smart Air Conditioning Market, By Application
- By Residential buildings
- By Industrial buildings
- By Commercial buildings
- Rest of Middle East & Africa Smart Air Conditioning Market, By Product
- GCC Countries
-
Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
-
COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
-
Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
-
Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
-
Company Profiles
- Mitsubishi Electric Corp. (Japan)
- Panasonic Corp. (Japan)
- Voltas Ltd. (India)
- Johnson Controls (U.S.)
- Toshiba Corp. (U.S.)
- Fujitsu General (Japan)
- Ingersoll Rand PLC (U.S.)
- ABS Aircon Engineers Private Ltd. (India)
- LG Electronics (South Korea)
- Daikin Industries Ltd. (Japan)
- Electrolux (Sweden)
- Carrier Corp. (U.S.)
- Hitachi Ltd. (Japan)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Smart Air Conditioning in terms of revenue?
-
The global Smart Air Conditioning valued at USD 16.8 Billion in 2023 and is expected to reach USD 51.08 Billion in 2032 growing at a CAGR of 13.15%.
Which are the prominent players in the market?
-
The prominent players in the market are Mitsubishi Electric Corp. (Japan), Panasonic Corp. (Japan), Voltas Ltd. (India), Johnson Controls (U.S.), Toshiba Corp. (U.S.), Fujitsu General (Japan), Ingersoll Rand PLC (U.S.), ABS Aircon Engineers Private Ltd. (India), LG Electronics (South Korea), Daikin Industries Ltd. (Japan), Electrolux (Sweden), Carrier Corp. (U.S.), Hitachi Ltd. (Japan).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 13.15% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Smart Air Conditioning include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Smart Air Conditioning in 2023.