The Air Conditioning Market, valued at USD 178.76 billion in 2024, is projected to experience significant growth, reaching approximately USD 377.66 billion by 2032. This represents a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032. The expansion is primarily attributed to technological advancements, increasing disposable incomes, and the escalating demand for...
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...