Top 12 Room Air Conditioner Market leader in india | Manufacturers & Suppliers 2024

Top 12 Companies in India Room Air Conditioner Market

India room air conditioner market is dynamic and has seen noteworthy growth in recent years. With the rising demand for cooling solutions owing to the rising temperatures and changing climate conditions, the industry has witnessed a surge in sales of room air conditioners. The players in the market have continuously innovated their products and services in order to meet the growing needs of consumers. They have also invested heavily in research and development to deliver eco-friendly and energy-efficient solutions.

Additionally, the key players have also played a vital role in growing the reach of the India room air conditioner industry via strategic partnerships, mergers, and acquisitions. This has not only helped them obtain a competitive edge but also contributed to the overall market growth. Moreover, players have also focused on providing exceptional customer service as well as after-sales support. Their strong distribution networks as well as a wide range of product offerings have made them significant players in the market. As per 6Wresearch, India Room Air Conditioner Market size is expected to grow at a CAGR of 9.1% during the forecast period 2023-2029. 

List of Leading Companies in the India Room Air Conditioner Market

1. Voltas Ltd.

Voltas Limited, headquartered in Mumbai, is an Indian multinational specializing in home appliances. The company provides a wide array of products, encompassing split and window air conditioners, commercial refrigeration items, water coolers, and more. Voltas also engages in the implementation of electro-mechanical projects, including heating, ventilation, and air conditioning (HVAC) systems tailored for diverse industries.

2. LG Electronics India Pvt. Ltd. 

LG Electronics India Pvt. Ltd., a wholly owned Indian subsidiary of LG Electronics, South Korea. It is one of the most formidable brands in consumer electronics, home appliances, IT hardware and mobile communications space. LG has earned a premium brand positioning and is the acknowledged trendsetter for the industry. 

3. Daikin Airconditioning India Pvt. Ltd.

Daikin Airconditioning India Pvt Ltd. is the Indian subsidiary of the Japanese conglomerate Daikin Industries Ltd. It offers advanced, high-quality air conditioning solutions for residential, commercial, and industrial purposes.

4. Blue Star Ltd.

Blue Star Ltd. is an Indian MNC, headquartered in Mumbai. In addition to the Heating, Ventilation, Air conditioning and Commercial Refrigeration (HVAC&R) business, the Company also offers expertise in allied contracting activities such as electrical, plumbing, fire-fighting and industrial projects.

5. Lloyd (Havells India Ltd.)

Lloyd is a home appliances brand owned by Havells India Limited which is an Indian multinational Fast Moving Electrical Goods (FMEG) Company , based in Noida. Primarily an AC brand, Lloyd has expanded its product portfolio and offers an exhaustive range of products in the consumer durables segment.

6. Godrej & Boyce Mfg. Co. Ltd.

Godrej & Boyce Mfg. Co. Ltd. ( G&B ) is the flagship company of the Indian multinational conglomerate, the Godrej Group. It has diverse presence across industries such as home appliances, aerospace, construction, security and storage solutions, material handling, IT infra solutions and precision engineering.

7. Johnson Controls-Hitachi Air Conditioning Ltd.

Johnson Controls-Hitachi Air Conditioning (JCH) India Limited is a joint venture between Hitachi Global Life Solutions, Inc. and Johnson Controls, Inc. Through its cutting-edge research and development, it provides high-quality, efficient and reliable air conditioning solutions. 

8. Samsung India Electronics Pvt. Ltd.

Samsung India Electronics Private Limited (SIEL) is a fully owned Indian subsidiary of Korean electronics giant Samsung Electronics Co., Ltd.  It deals in a range of products in the consumer electronics, IT and mobile communications, and device solutions segments.

9. Panasonic Life Solutions 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 233,391 and is headquartered in Osaka, Japan.

10. Carrier Midea India Pvt. Ltd

Carrier Midea India Pvt. Ltd. is a joint venture established between Carrier and Midea Group Co. Ltd. The company offers products including room ACs, light commercial ACs and VRF AC systems. 

11. Fujitsu General India Pvt. Ltd.

Fujitsu General India Pvt. Ltd. is a subsidiary of Fujitsu General Limited, which is headquartered in Japan and specializes in providing air conditioning solutions for residential and commercial use. With over 50 years of experience, the company has established itself as a global leader in the HVAC (heating, ventilation, and air conditioning) industry.

12. 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. 

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