BSRIA completes 2021 World Air Conditioning market studies

Fig.1: Geographic scope, WWAC 2021.

1 Introduction
2 Market overview
3 Further information
4 Related articles on Designing Buildings Wiki

[edit] Introduction

BSRIA has completed its World Air Conditioning (WWAC 2021) project, focusing on key market trends for 21 countries. A summer 2021 update on the figures published in March 2021 will also be available in September 2021 and can be purchased in combination with the WWAC as a package. Additionally, following the success of its studies in Africa (December 2018) and South America (December 2019) BSRIA completed the research on 15 individual European countries: Austria, Belgium, the Netherlands, Switzerland; Czechia, Hungary, Poland and Romania; Norway, Sweden, Finland, Denmark and Ireland; Croatia and Greece (published February 2021).

[edit] Market overview

Where is the air conditioning market heading? What are the trends and how has COVID-19 impacted? What is the penetration of IT and controllers on products?

Adverse air conditioning market growth is observed within the same regions and around the globe. Market fluctuations are mostly affected by waves of COVID-19, national and regional lockdowns. BSRIA research results are available on a global, regional or country level, focusing on 2020 with forecast by product to 2025.

[edit] Europe

Working from home and lockdowns benefited residential AC sales in 2020-2021. Government incentives and legislation boosted demand. Light commercial is worst affected.

[edit] Americas

USA - Strong performance of the residential market with house renovations and heatwave pushing demand.

LATAM - Worst affected but first sign of recovery recorded in Brazil.

[edit] Middle East, India and Africa

Commercial products experienced a major disruption caused by the COVID-19 outbreak. IAQ and ventilation in existing buildings emphasised, with more customisation on AHUs.

[edit] Asia Pacific

Pandemic deepened the contraction which was expected before the pandemic in China with VRFs and AHUs faring well. Health crisis has increased ventilation demand.

[edit] Further information

The study looks at market sizes and characteristics, forecasts, and main suppliers. The main influencers and drivers in the market are also scrutinised: macroeconomic background, refrigerants and regulations are included. Finally, the study assesses the structure of foreign trade and market players.

Products included in the study are portables, windows/through the wall, splits (single and multi-splits, VRF), rooftops and indoor packaged, chillers, AHUs and fan coils. New areas covered the report include the volume of DX-coil vs. chilled water AHUs and the changing refrigerant uptake in splits, as well as looking at the penetration of integrated IP connected controllers by key product segments.