AI Air Conditioning Market Trends and Forecast
The future of the global AI air conditioning market looks promising with opportunities in the household and commercial markets. The global AI air conditioning market is expected to grow with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are increasing adoption of AI in smart home ecosystems, growing demand for precise & automated climate control solutions, and rising demand for energy-efficient cooling.
• Lucintel forecasts that floor-standing is expected to witness higher growth over the forecast period.
• Within this market, household is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Air Conditioning Market
• United States: Carrier introduced AI-powered air conditioning units focusing on energy efficiency and smart home integration. The US government supports smart home technologies through tax incentives and grants to promote energy-efficient appliances.
• China: Gree Electric launched AI-driven air conditioning systems with advanced climate control features. The Chinese government encourages the adoption of AI technologies in household appliances to enhance energy conservation and reduce emissions.
• Japan: Mitsubishi Electric unveiled AI-enhanced air conditioners aimed at optimizing indoor climate and energy use. The Japanese government targets innovations in home appliances to support smart city initiatives and reduce national energy consumption.
• Germany: Siemens introduced AI-integrated HVAC solutions for commercial buildings, focusing on sustainability and operational efficiency. The German government promotes the use of AI in building technologies to meet its climate goals and improve energy efficiency in infrastructure.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Air Conditioning Market by Segment
The study includes a forecast for the global AI air conditioning market by type, application, and region.
AI Air Conditioning Market by Type [Value from 2018 to 2030]:
• Floor-Standing
• Wall-Mounted
AI Air Conditioning Market by Application [Value from 2018 to 2030]:
• Household
• Commercial
• Others
AI Air Conditioning Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Air Conditioning Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI air conditioning companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI air conditioning companies profiled in this report include-
• Changhong
• VIOMI
• TCL
• Hisense
• COLMO
Recent Development in the AI Air Conditioning Market
• Carrier: Carrier introduced AI-powered air conditioning units designed to optimize energy efficiency and seamlessly integrate with smart home systems. These units leverage AI algorithms to adjust cooling based on user preferences and environmental conditions, aiming to reduce energy consumption and enhance user comfort.
• Gree Electric: Gree Electric launched a new line of AI-driven air conditioning systems equipped with advanced climate control features. These systems use AI to automatically adjust temperature settings and airflow based on real-time data, improving energy efficiency and maintaining optimal indoor environments. GreeÄX%$%Xs initiative supports ChinaÄX%$%Xs push towards smarter, greener household appliances.
• Mitsubishi Electric: Mitsubishi Electric unveiled AI-enhanced air conditioners that optimize indoor climate control and energy use. The new systems incorporate AI technology to learn user habits and adjust settings accordingly, providing personalized comfort while minimizing energy usage. This aligns with JapanÄX%$%Xs focus on technological innovation in home appliances.
• Daikin Industries: Daikin Industries developed AI-integrated air conditioning solutions for both residential and commercial use. These solutions employ AI to predict and respond to cooling needs dynamically, improving overall system efficiency and user experience. DaikinÄX%$%Xs initiative is part of its broader strategy to lead in sustainable and intelligent HVAC technologies.
• Siemens: Siemens introduced AI-integrated HVAC solutions aimed at commercial buildings, focusing on enhancing sustainability and operational efficiency. The AI-driven systems optimize climate control, reduce energy consumption, and provide predictive maintenance capabilities. SiemensÄX%$%X efforts are in line with GermanyÄX%$%Xs climate goals and the growing demand for energy-efficient building technologies.
Features of the Global AI Air Conditioning Market
Market Size Estimates: AI air conditioning market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI air conditioning market size by type, application, and region in terms of value ($B).
Regional Analysis: AI air conditioning market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI air conditioning market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI air conditioning market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI air conditioning market?
Answer: The global AI air conditioning market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI air conditioning market?
Answer: The major drivers for this market are increasing adoption of AI in smart home ecosystems, growing demand for precise & automated climate control solutions, and rising demand for energy-efficient cooling.
Q3. What are the major segments for AI air conditioning market?
Answer: The future of the AI air conditioning market looks promising with opportunities in the household and commercial markets.
Q4. Who are the key AI air conditioning market companies?
Answer: Some of the key AI air conditioning companies are as follows:
• Changhong
• VIOMI
• TCL
• Hisense
• COLMO
Q5. Which AI air conditioning market segment will be the largest in future?
Answer: Lucintel forecasts that floor-standing is expected to witness higher growth over the forecast period.
Q6. In AI air conditioning market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI air conditioning market by type (floor-standing and wall-mounted), application (household, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Air Conditioning Market, AI Air Conditioning Market Size, AI Air Conditioning Market Growth, AI Air Conditioning Market Analysis, AI Air Conditioning Market Report, AI Air Conditioning Market Share, AI Air Conditioning Market Trends, AI Air Conditioning Market Forecast, AI Air Conditioning Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.