Global growth in 2020 air-conditioning market
Contents |
[edit] Introduction
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.
[edit] 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.
[edit] 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.
The African air conditioning market represents strong potential but is still emerging nowadays. Chinese brands increased their presence through active promotion in these region.
This article was originally published as ‘BSRIA publishes new Global Air Conditioning Market Studies’ by BSRIA in April 2020.
--BSRIA
[edit] Related articles on Designing Buildings Wiki
- Air conditioning
- Africa tops world AC growth forecasts.
- BSRIA articles on Designing Buildings Wiki.
- BSRIA completes 2021 World Air Conditioning market studies.
- 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 challenges and opportunities in heating markets in 2020.
- Global growth in 2019 air-conditioning market.
- IAQ developments accelerated by COVID-19 pandemic.
Featured articles and news
Boiler Upgrade Scheme and certifications consultation
Summary of government consultation which closes 11 June 2025.
Deputy editor of AT, Tim Fraser, discusses the newly formed society with its current chair, Chris Halligan MCIAT.
Barratt Lo-E passivhaus standard homes planned enmasse
With an initial 728 Lo-E homes across two sites and many more planned for the future.
Government urged to uphold Warm Homes commitment
ECA and industry bodies write to Government concerning its 13.2 billion Warm Homes manifesto commitment.
Places of Worship in Britain and Ireland, 1929-1990. Book review.
The emancipation of women in art.
CIOB Construction Manager of the Year 2025
Just one of the winners at the CIOB Awards 2025.
Call for independent National Grenfell oversight mechanism
MHCLG share findings of Building Safety Inquiry in letter to Secretary of State and Minister for Building Safety.
The Architectural Technology Awards
AT Awards now open for this the sixth decade of CIAT.
50th Golden anniversary ECA Edmundson awards
Deadline for submissions Friday 30 May 2025.
The benefits of precast, off-site foundation systems
Top ten benefits of this notable innovation.
Encouraging individuals to take action saving water at home, work, and in their communities.
Takes a community to support mental health and wellbeing
The why of becoming a Mental Health Instructor explained.
Mental health awareness week 13-18 May
The theme is communities, they can provide a sense of belonging, safety, support in hard times, and a sense purpose.
Mental health support on the rise but workers still struggling
CIOB Understanding Mental Health in the Built Environment 2025 shows.
Design and construction material libraries
Material, sample, product or detail libraries a key component of any architectural design practice.
Construction Products Reform Green Paper and Consultation
Still time to respond as consultation closes on 21 May 2025.
Resilient façade systems for smog reduction in Shanghai
A technical approach using computer simulation and analysis of solar radiation, wind patterns, and ventilation.