- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 30 Oct 2020
Global growth in 2020 air-conditioning market
BSRIA has published its comprehensive range of global air conditioning (AC) reports. The 2020 studies offer different levels of market analysis: from top line global data focusing on key market trends for different AC products, through regional analysis available for Africa and Latin America (the latter added in 2020), to an in-depth analysis providing detailed qualitative and quantitative information on the AC residential and commercial markets in key strategic countries in Europe and in the US.
 Sales projections
In 2019, global sales of air conditioning units increased by just over 2% in terms of volume. Expansion of COVID-19 will disrupt market demand and the global supply chain in 2020 and only the most positive scenario expects sales to remain flat.
In 2019, hot weather boosted the residential air conditioning market in Europe. Brands from Asia lead the residential sector. Across the European Union the HFC phase-down regulation is having a strong impact on products and prices with major countries progressing quickly with the change.
The healthy outlook of the US economy bolstered growth in the country’s air conditioning market in 2019. 2023 will be an important year, as efficiency standards for ducted and rooftop units are set to be enhanced and new refrigerants may be required at least in some states, such as California.
 Growth markets
Latin America’s market analysis is a new addition to the BSRIA AC report offering in 2020. The air conditioning market in the region reached close to USD 5 bn in 2019, a year-on-year market growth of 6% exceeding that of North America. Brazil, Mexico and Argentina are the top three markets. Despite political and economic fluctuations, the market offers strong commercial opportunities, and several companies increased their sales in the region.
China, by far the biggest AC world market has seen a decrease in sales in 2019. In 2020 the market is expected to see a shift towards more efficient AC units. Due to new regulation on energy efficiency level starting in 2020, non-inverter and inverter splits with low efficiency will be rapidly phased down in China.
In the Middle East, Kuwait and Oman enforced new energy-saving standards. In India, the voluntary phase for energy efficiency labelling of chillers started in 2019 and will be compulsory from 2021 onwards.
This article was originally published as ‘BSRIA publishes new Global Air Conditioning Market Studies’ by BSRIA in April 2020.
 Related articles on Designing Buildings Wiki
- Air conditioning
- Africa tops world AC growth forecasts.
- BSRIA articles on Designing Buildings Wiki.
- BSRIA global heat pump market 2019.
- Global Air Conditioning market study 2015.
- Global Air Conditioning Study 2016.
- Global Air Conditioning Study 2017.
- Global Air Conditioning Study 2018.
- Global growth in 2019 air-conditioning market.
- IAQ developments accelerated by COVID-19 pandemic.
Featured articles and news
Six technologies guiding O&M into the future.
Homes carved from sandstone cliffs in England.
A review of the HES pilot project.
Organisation alerts membership to findings of IHBC research.
Four outstanding professionals recognised.
Sustainable flooring from super strong grass.
Organisation presents reactions from industry leaders.
New infrastructure bank to be based in the North of England.
Fairer, faster, greener. A summary of the key points.
Strategies to help provide safer working conditions.
Protecting flora, fauna and the other natural features of Scotland.
Architecture considered somewhere between 'sublime and beautiful'.
Polish piano factory revived through an energy-oriented tune up.