Top 12 Air Conditioner Market Companies in India | Manufacturers & With official Website 2024

Top 12 Air Conditioner Market Companies in India

India air conditioner market is highly competitive and it is a fast-growing industry. The country's hot and humid climate, coupled with its expanding economy, has led to a prominent increase in the demand for air conditioners. Various players exist in the market but there are only a few players who are with their innovative strategies and efforts, come up with the products that actually meet the needs of customers in the country. Some prominent players in the industry offer a diverse range of products comprising window ACs, split ACs as well as specialized commercial air conditioning solutions.

Leading players have a strong presence in the country and offer a comprehensive range of air conditioners with innovative features such as dual inverter technology, smart WiFi connectivity, and energy-saving capabilities. Market players have a wide range of products catering to both residential as well as commercial segments, along with a strong distribution network across the country. This signifies that the market will rise more in the years to come. India Air Conditioner Market is anticipated to rise at a CAGR of 15.1% during 2022-2028.

List of Leading Companies in the Bangladesh Stationery Market

1. Voltas Limited

Voltas is India’s Largest air-conditioning company. It was incorporated in 1954, and jointly promoted by Volkart Brothers and Tata Sons Private Limited. The company is also involved in technology, engineering, construction, textile, mining and manufacturing sector.

2. Daikin Airconditioning India Pvt. Ltd.

Daikin Air conditioning India Private Limited is a subsidiary of Daikin Industries Limited (Japan) which manufactures commercial and residential air conditioning systems.

3. Havells India Limited (lloyd)

Lloyd is a consumer durable brand owned by Havells India Limited serving over 3 million consumers in India.It majorly deals in air conditioners, televisions, washing machines and refrigerators

4. Blue Star Limited

Blue star is an Indian residential and commercial air conditioning company. Their product portfolio includes water purifiers, air purifiers and air coolers. The company also offers contracting services like electrical, fire fighting, plumbing and industrial projects

5. Panasonic India Pvt. Ltd.

Panasonic provides variety of products, systems and services that range from consumer electronics to industrial devices, building products and housing. The company has a global workforce of 259,385 and is headquartered in Osaka, Japan

6. Carrier Midea India Pvt. Ltd.

Carrier is a supplier of heating, air-conditioning, refrigeration, building controls & automation and fire & security systems. The company has operations in over 180 countries with expertise in residential systems, commercial systems, transport refrigeration and commercial refrigeration.

7. Fujitsu General India Pvt. Ltd.

In August 2021, Fujitsu General Announced that it would start marketing the first HVAC systems produced along with US partner Rheem. In May 2021, Fujitsu General introduced 15 models of multi-split air conditioners in Europe in the AIRSTGE J series for small to medium offices and stores.

8. Mitsubishi Electric India Pvt. Ltd.

Mitsubishi India Private Limited is a fully owned subsidiary of Mitsubishi Electric that deals in air-conditioners, factory automation, industrial systems, power systems, photovoltaic solutions, semiconductors & devices, transportation systems and visual & imaging.

9. Haier Appliances India Pvt. Ltd.

Haier India is a subsidiary of Haier Group which deals in consumer durables. Its is headquartered in New Delhi with distribution network throughout the country and operations in 33 locations.

10. Hitachi India Pvt. Ltd.

Hitachi India private Limited is a company headquartered In New Delhi involved in manufacturing and sales of consumer durables, infrastructure, Information and technology solutions and health care solutions.

11. LG Electronics India Pvt. Ltd.

LG Electronics India Pvt. Ltd. is a subsidiary of LG Electronics, South Korea. The company is headquartered in Greater Noida. The company manufactures and Provides consumer electronic goods in India. The company is organised in different business verticals including home appliances & air solutions, mobile communications, home entertainment and others.

12. Samsung India Electronics Ltd

Samsung India Electronics Pvt. Ltd. is subsidiary of Samsung Electronics Co Ltd. The company is headquartered in Gurgaon, Haryana. The company’s deals into three major segments includes Consumer Electronics (CE), Information Technology & Mobile Communications (IM) and Device Solutions (DS) Segments.

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