Asia Pacific (APAC) Commercial Air Conditioner (AC) Market (2019-2025) | Share, Outlook, Analysis, Size, Growth, Value, Trends, Forecast, Industry, Companies & Revenue

Latest (2023) Developments of the  Asia Pacific (APAC) Commercial Air Conditioner (AC) Market

• The emergence of hybrid heat pumps: Hybrid heat pumps combine two different kinds of sources (air source & ground source) into one unit to produce both heating and cooling effects simultaneously; especially useful during extreme weather conditions when only one type is needed at a time due to space constraints requirements or financial considerations involved with having separate systems installed separately at home/office premises here.
• Introduction of new refrigerant technology: In order to comply with global environmental standards such as those set by the Montreal Protocol, many manufacturers are now using more eco-friendly alternatives to traditional CFCs and HCFC refrigerants when manufacturing commercial AC units. Newer R32 and R410A refrigerants have been developed which are much less harmful than previous generations of coolants used in air conditioners. 
• Increasing availability of inverter technology: Many leading companies in APAC now offer models that make use of inverter technology instead of conventional fixed-speed motors found in older models. This helps significantly lower power consumption without compromising performance or comfort levels achieved by these devices, making them an attractive option for customers seeking cost savings as well as reliable cooling solutions that operate quietly too. 
• Growing demand for smart, energy-efficient air conditioners: Manufacturers in the Asia Pacific region are focusing on developing energy-saving commercial AC systems to meet the rising demand from consumers and businesses for efficient cooling solutions. These advanced units feature intelligent controls, variable speed compressors, and other new technologies that allow users to reduce their electricity bills while keeping their machines running optimally. 

Asia Pacific (APAC) Commercial Air Conditioner (AC) Market Synopsis

The penetration of commercial air conditioners has increased rapidly over the last few years in the APAC region owing to growing investment in new infrastructural development projects in countries such as India, China, Indonesia, and Thailand. Increasing construction activities, the emerging tourism industry along with the implementation of government plans such as Indonesia Vision 2045 and Vietnam Vision 2035 are also expected to boost the APAC commercial air conditioner market revenues over the forecast period. 

According to 6Wresearch, the Asia Pacific (APAC) Commercial AC Market size is projected to grow at a moderate growth over the forecast period 2019-2025. APAC commercial AC market is majorly contributed by commercial offices and hospitality applications. Moreover, surging FDI in various countries in the region on the back of changing government policies in areas such as offices, retail, and hospitality sector would further fuel the market demand

Further, China and India are the key countries registering the maximum sales of Commercial ACs in APAC. As both countries have an ample number of commercial projects under construction and in the proposed stage especially in metropolitan cities and nearby regions. In terms of product, room AC and centralized AC are expected to dominate the market, due to growing demand for Commercial ACs in office spaces and hotels.

The APAC Commercial AC Market report thoroughly covers the by-products, by-applications, and countries including Japan, China, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of APAC. The APAC Commercial AC Market outlook report provides an unbiased and detailed analysis of the ongoing APAC 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.

The development of major cities, growing construction activities in the hospitality, and tourism sectors coupled with increasing investments by the government are anticipated to propel the demand for air conditioners in the region during the forecast period. Some of the major players operating in the Asia-Pacific air conditioners market are In the forecast period, the major cities are growing construction activities in the hospitality and another new sector such as tourism sector is increasing in the investments with the help of the government which going to boost the demand of the air conditioners in the different region in the forecast period. In the market, there are many key players such as Johnson Controls, Mitsubishi Electric Corporation, Johnson Controls, United Technologies Corporation, ., Ingersoll-Rand Inc., Daikin Industries Ltd, Ingersoll-Rand Inc., United Technologies Corporation, Nortek, Inc., etc.

Key Highlights of the Report

• APAC Commercial AC System Market Overview
• APAC Commercial AC System Market Outlook
• APAC Commercial AC Market Forecast
• Historical Data of APAC Commercial AC Market Revenues for the Period 2015-2018
• APAC Commercial AC Market Size and APAC Commercial AC Market Forecast of Revenues, Until 2025
• Historical Data of APAC Commercial AC Market Revenues, By Products, for the Period 2015-2018
• Market Size & Forecast of APAC Commercial AC Market Revenues, By Products, until 2025
• Historical Data of APAC Commercial AC Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of APAC Commercial AC Market Revenues, By Applications, until 2025
• Historical Data of Japan Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Japan Commercial AC Market Revenues, until 2025.
• Historical Data of China Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of China Commercial AC Market Revenues, until 2025.
• Historical Data of India Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of India Commercial AC Market Revenues, until 2025.
• Historical Data of Australia Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Australia Commercial AC Market Revenues, until 2025.
• Historical Data of Malaysia Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Malaysia Commercial AC Market Revenues, until 2025.
• Historical Data of Thailand Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Thailand Commercial AC Market Revenues, until 2025.
• Historical Data of Indonesia Commercial AC Market Revenues, for the Period 2015-2018.
• Market Size & Forecast of Indonesia Commercial AC Market Revenues, until 2025.
• APAC Commercial AC Market Drivers
• APAC Commercial AC Market Restraints
• APAC Commercial AC Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• APAC Commercial AC Market Share, By Regions
• APAC Commercial AC Market Share, By Players
• APAC Commercial AC Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The APAC Commercial AC Market report provides a detailed analysis of the following market segments:

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:

• Japan
• China
• India
• Australia
• Malaysia
• Thailand
• Indonesia
• Rest of APAC

Frequently Asked Questions About the Market Study (FAQs):