Smart Air Conditioning Market Size & TrendsThe global smart air conditioning market size was estimated at USD 20.75 billion in 2024 and is expected to witness a CAGR of 13.6% from 2025 to 2030. The smart air conditioning industry is growing quickly as demand for energy-efficient and connected cooling solutions increases. Features such as remote control, automation, and integration with smart home systems are attracting residential, commercial, and industrial customers. The need for energy savings and improved air quality is boosting the market's growth further. Consumers are increasingly looking for sustainable and cost-effective ways to cool their spaces. As a result, smart air conditioning systems are becoming a popular choice for those seeking enhanced comfort and efficiency.
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Product Insights
The Temperature Control segment led the market and accounted for 42.5% of the global revenue in 2024. Temperature control has been the dominant feature in the smart air conditioning industry, as it directly affects user comfort and is the primary function of traditional air conditioning units. Consumers have long prioritized the ability to precisely control room temperatures to ensure a comfortable environment.
Application Insights
The Residential Buildings segment led the market. With the rise of smart home technology, there is an increasing demand for HVAC systems that seamlessly integrate with home automation platforms. Companies are emphasizing the importance of connectivity by offering systems that can be controlled remotely through mobile apps or voice assistants, enhancing both convenience and user experience.
Regional Insights
North America accounted to hold significant share in the market and accounted for a 35.9% share in 2024. The market in North America is growing rapidly due to increased consumer demand for energy-efficient and environmentally friendly solutions. The adoption of smart thermostats and HVAC systems integrated with IoT technology is becoming more common in both residential and commercial buildings.
Key Smart Air Conditioning Companies:
The following are the leading companies in the smart air conditioning market. These companies collectively hold the largest market share and dictate industry trends.
DAIKIN INDUSTRIES Ltd.
Electrolux Group
Carrier
Hitachi, Ltd.
MITSUBISHI ELECTRIC CORPORATION
Panasonic Holdings Corporation
Voltas Ltd.
Johnson Controls
TOSHIBA CORPORATION
FUJITSU GENERAL
Global Smart Air Conditioning Report Segmentation