Market Forecast By Products (Room AC (Window & Split), Ducted AC (Ceiling Concealed & Rooftop Packaged), Ductless AC (Cassette, Floor Standing & Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit & Others (Evaporator Coils, Compressors, etc), By Applications (Commercial Offices & Retail, Healthcare, Transportation, Hospitality & Others (Education and BFSI), By Countries (Germany, U.K, France, Italy and Rest of Europe) and Competitive Landscape
Product Code: ETC000843 | Publication Date: Aug 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Commercial Air Conditioner (AC) Market |
Forecast period | 2025-2031 |
CAGR | 6.8% |
Growing Sector | Commercial Air Conditioning |
The Europe Commercial Air Conditioner (AC) Market report provides a comprehensive evaluation By Products, By Applications, and By Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe Commercial Air Conditioner (AC) Market is experiencing robust growth, driven by the increasing demand for energy-efficient and technologically advanced HVAC systems in various commercial sectors. Key trends include the proliferation of smart air conditioning solutions and the integration of IoT for enhanced performance monitoring. Market growth is also bolstered by regulatory frameworks promoting energy efficiency and sustainability. However, challenges such as stringent environmental regulations and high initial investment costs pose barriers to entry for new players.
According to 6Wresearch, the Europe Commercial Air Conditioner (AC) Market size is expected to grow at a significant CAGR of 6.8% during the forecast period 2025-2031.The Europe Commercial Air Conditioner (AC) Market growth is propelled by several key factors. Technological advancements, particularly the integration of IoT for smart and efficient air conditioning systems, are significant drivers. Furthermore, regulatory changes encouraging energy efficiency and reducing carbon footprints foster market expansion. Consumer preferences for advanced HVAC solutions that offer better indoor air quality and control also boost demand. Likewise, the increasing commercial construction activities, driven by urbanization and economic growth, contribute to the upward trajectory of the market.
The Europe Commercial Air Conditioner (AC) Market faces several obstacles that hinder its growth. The high initial investment costs associated with advanced AC systems can be prohibitive for small to medium-sized enterprises. Additionally, stringent environmental regulations related to refrigerant usage and energy consumption impose significant compliance costs on manufacturers. Economic factors such as fluctuating raw material prices and the recent impact of global supply chain disruptions also challenge market stability. Addressing these issues requires innovative approaches and strategic planning by industry stakeholders.
Leading players in this market include Daikin Europe N.V., Carrier Corporation, LG Electronics Inc., Mitsubishi Electric Corporation, and Johnson Controls Inc. These companies are at the forefront of innovation, offering a range of energy-efficient and technologically advanced commercial air conditioning solutions. They continually invest in research and development to enhance their product portfolios and competitive edge.
European governments have initiated several policies to support the growth of the commercial air conditioner market. The European Commission's Energy Efficiency Directive aims to reduce energy consumption, presenting growth opportunities for energy-efficient HVAC systems. Germany’s Energy Concept 2050 has allocated funds to incentivize the adoption of sustainable building technologies, including HVAC systems. Additionally, the UK's Clean Growth Strategy emphasizes reducing greenhouse gas emissions, thereby encouraging investments in greener and more efficient air conditioning solutions.
The future of the Europe Commercial Air Conditioner (AC) Market looks promising with several growth opportunities. The adoption of smart technologies and energy-efficient solutions is expected to rise, driven by regulatory and consumer pressures. Advancements in renewable energy integration with HVAC systems and the increasing preference for sustainable buildings will further propel market growth. However, players must navigate challenges related to high compliance costs and technological complexities. Collaborations and strategic alliances are anticipated to play a significant role in driving innovation and competitiveness.
According to Ravi Bhandari, Research Head at 6Wresearch, among the various AC products, ductless AC systems, particularly cassette and floor standing models, are experiencing the fastest growth in the Europe Commercial Air Conditioner (AC) Market. These systems offer flexibility in installation and are known for their energy efficiency and enhanced aesthetics, which are highly valued in modern commercial spaces. Additionally, advancements in inverter technology have significantly improved the performance and efficiency of ductless systems, further driving their adoption.
The fastest-growing application segment in the Europe Commercial Air Conditioner (AC) Market is the commercial offices and retail sector. The increasing number of commercial buildings and retail spaces, driven by urbanization and economic development, is fueling the demand for advanced air conditioning solutions. The retail sector, in particular, is investing heavily in improving customer experiences, which includes maintaining optimal indoor air quality and temperature, thus boosting the demand for efficient and versatile AC systems.
Among the countries in the Europe Commercial Air Conditioner (AC) Market, Germany is exhibiting the fastest growth. The German market benefits significantly from strong regulatory support promoting energy efficiency and sustainability, which encourages the adoption of advanced HVAC systems. Furthermore, Germany's robust commercial construction activities and the high rate of technological adoption in building infrastructures contribute to the rapid expansion of the AC market in the country. The focus on green building certifications and the integration of smart technologies also drive market growth.
The report offers a comprehensive study of the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Europe Commercial AC Market Overview |
3.1 Europe Commercial AC Market Revenues, 2021-2031F |
3.2 Europe Commercial AC Market Revenue Share, By Types, 2021 & 2031F |
3.3 Europe Commercial AC Market Revenue Share, By Applications, 2021 & 2031F |
3.4 Europe Commercial AC Market Revenue Share, By Countries, 2021 & 2031F |
3.5 Europe Commercial AC Market Industry Life Cycle |
3.6 Europe Commercial AC Market- Porter's Five Forces |
4. Europe Commercial AC Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Europe Commercial AC Market Trends |
6. Europe Commercial AC Market Overview, By Types |
6.1 Europe Room AC Market Revenues, 2021-2031F |
6.1.1 Europe Window AC Market Revenues, 2021-2031F |
6.1.2 Europe Split AC Market Revenues, 2021-2031F |
6.2 Europe Ducted AC Market Revenues, 2021-2031F |
6.2.1 Europe Ceiling Concealed AC Market Revenues, 2021-2031F |
6.2.2 Europe Rooftop Packaged AC Market Revenues, 2021-2031F |
6.3 Europe Ductless AC Market Revenues, 2021-2031F |
6.3.1 Europe Cassette Market Revenues, 2021-2031F |
6.3.2 Europe Floor Standing Market Revenues, 2021-2031F |
6.3.3 Europe Ceiling Suspended Market Revenues, 2021-2031F |
6.4 Europe Centralized AC Market Revenues, 2021-2031F |
6.4.1 Europe VRF Market Revenues, 2021-2031F |
6.4.2 Europe AHU/FCU Market Revenues, 2021-2031F |
6.4.3 Europe Chiller Market Revenues, 2021-2031F |
6.4.4 Europe Condensing Unit Market Revenues, 2021-2031F |
6.4.5 Europe Others Market Revenues, 2021-2031F |
7. Europe Commercial AC Market Overview, By Applications |
7.1 Europe Commercial Offices & Retail Commercial AC Market Revenues, 2021-2031F |
7.2 Europe Healthcare Commercial AC Market Revenues, 2021-2031F |
7.3 Europe Transportation Commercial AC Market Revenues, 2021-2031F |
7.4 Europe Hospitality Commercial AC Market Revenues, 2021-2031F |
7.5 Europe Other Applications Commercial AC Market Revenues, 2021-2031F |
8. Germany Commercial AC Market Overview |
8.1 Germany Commercial AC Market Revenues, 2021-2031F |
8.2 Germany Commercial AC Market Revenues, By Types, 2021-2031F |
8.3 Germany Commercial AC Market Revenues, By Applications, 2021-2031F |
9. U.K Commercial AC Market Overview |
9.1 U.K Commercial AC Market Revenues, 2021-2031F |
9.2 U.K Commercial AC Market Revenues, By Types, 2021-2031F |
9.3 U.K Commercial AC Market Revenues, By Applications, 2021-2031F |
10. France Commercial AC Market Overview |
10.1 France Commercial AC Market Revenues, 2021-2031F |
10.2 France Commercial AC Market Revenues, By Types, 2021-2031F |
10.3 France Commercial AC Market Revenues, By Applications, 2021-2031F |
11. Italy Commercial AC Market Overview |
11.1 Italy Commercial AC Market Revenues, 2021-2031F |
11.2 Italy Commercial AC Market Revenues, By Types, 2021-2031F |
11.3 Italy Commercial AC Market Revenues, By Applications, 2021-2031F |
12. Rest of Europe Commercial AC Market Overview |
12.1 Rest of Europe Commercial AC Market Revenues, 2021-2031F |
13. Europe Commercial AC Market Opportunity Assessment |
13.1 Europe Commercial AC Market Opportunity, By Types, 2031F |
13.2 Europe Commercial AC Market Opportunity, By Applications, 2031F |
14. Europe Commercial AC Market Competitive Landscape |
14.1 Europe Commercial AC Market Revenue Share, By Companies, 2024 |
14.1.1 Germany Commercial AC Market Revenue Share, By Companies, 2024 |
14.1.2 U.K Commercial AC Market Revenue Share, By Companies, 2024 |
14.1.3 France Commercial AC Market Revenue Share, By Companies, 2024 |
14.1.4 Italy Commercial AC Market Revenue Share, By Companies, 2024 |
14.2 Europe Commercial AC Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
16. Strategic Recommendations |
17. Disclaimer |
Market Forecast By Products (Room AC (Window & Split), Ducted AC (Ceiling Concealed & Rooftop Packaged), Ductless AC (Cassette, Floor Standing & Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit & Others (Evaporator Coils, Compressors, etc), By Applications (Commercial Offices & Retail, Healthcare, Transportation, Hospitality & Others (Education and BFSI), By Countries (Germany, U.K, France, Italy and Rest of Europe) and Competitive Landscape
Product Code: ETC000843 | Publication Date: Sep 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Increasing temperature level in European region has led to the rise in demand for air conditioning solution in commercial establishment such as hotel, hospitals, school, colleges, malls, theatre, cinema halls and opera houses. Moreover, upgradation of commercial AC technology, by adding IoT in AC products has resulted in an increased demand for commercial AC.
According to 6Wresearch, Europe commercial AC market size is anticipated to register growth during 2019-25. Further, Germany and France are the key countries registering maximum sales of commercial ACs in Europe. Moscow, Frankfurt and Courbevoie are cities in Europe having commercial projects under construction or at proposed stage. Projects such as, Tyumen City, Oktyabrskaya Naberezhnaya and Zvenigorodsky office spaces in Moscow, Russia; Hochhaus am Polizeipraesidium and Messeeingang Süd office spaces in Frankfurt, Germany and Tour Saint-Gobain, Tour ALTO, and Trinity Tower in Courbevoie, France would drive the market over the forecast period.
Based on product type, centralised AC have witnessed major deployment in Europe, on account of advantages such as efficiency and easy installation. Moreover, based on application, healthcare and commercial office & retail have more installation of commercial AC in Europe region, owing to requirements of HVAC solution.
The Europe commercial AC market report thoroughly covers the market by products, by applications and countries including the Germany, U.K, Italy, France and rest of Europe. The Europe commercial AC market outlook report provides an unbiased and detailed analysis of the on-going Europe commercial AC market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
• Europe Commercial AC System Market Overview
• Europe Commercial AC System Market Outlook
• Europe Commercial AC Market Forecast
• Historical Data of Europe Commercial AC Market Revenues for the Period 2015-2018
• Europe Commercial AC Market Size and Europe Commercial AC Market Forecast of Revenues, Until 2025
• Historical Data of Europe Commercial AC Market Revenues, By Product, for the Period 2015-2018
• Market Size & Forecast of Europe Commercial AC Market Revenues, By Product, until 2025
• Historical Data of Europe Commercial AC Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Europe Commercial AC Market Revenues, By Applications, until 2025
• Historical Data of Germany Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Germany Commercial AC Market Revenues, until 2025.
• Historical Data of U.K Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of U.K Commercial AC Market Revenues, until 2025.
• Historical Data of France Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of France Commercial AC Market Revenues, until 2025.
• Historical Data of Italy Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Italy Commercial AC Market Revenues, until 2025.
• Europe Commercial AC Market Drivers
• Europe Commercial AC Market Restraints
• Europe Commercial AC Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Europe Commercial AC Market Share, By Regions
• Europe Commercial AC Market Share, By Players
• Europe Commercial AC Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
Markets Covered
The Europe Commercial AC Market report provides a detailed analysis of the following market segments:
• By Products:
o Room AC
? Window
? Split
o Ducted AC
? Ceiling Concealed
? Rooftop Packaged
o Ductless AC
? Cassette
? Floor Standing
? Ceiling Suspended
o Centralized AC
? VRF
? AHU/FCU
? Chiller
? Condensing Unit
? Others (Evaporator Coils, Compressors, etc.)
• By Applications:
o Commercial AC Offices & Retail
o Healthcare
o Transportation
o Hospitality
o Others (Education and BFSI)
• By Countries:
o Germany
o U.K
o France
o Italy
o Rest of Europe
• Other Key Related Reports Include:
• Global Commercial AC Market Report
• North America Commercial AC Market Report
• Latin America Commercial AC Market Report
• APAC Commercial AC Market Report
• Middle East & Africa Commercial AC Market Report
• Germany Commercial AC Market Report
• France Commercial AC Market Report
• Italy Commercial AC Market Report
• U.K Commercial AC Market Report