GITNUX MARKETDATA REPORT 2024

Must-Know Air Conditioning Statistics [Latest Report]

Statistic 1

"By 2035, global energy demand for air conditioning is expected to triple."

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Statistic 2

"The United States consumes more air conditioning than any other country, accounting for 23% of the world’s total."

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Statistic 3

"Around 90% of all new single-family homes in the US include air conditioning."

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Statistic 4

"Air conditioning costs American homeowners more than $29 billion each year."

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Statistic 5

"The average energy consumption of air conditioners has been reduced by more than 50% over the past 30 years."

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Statistic 6

"Demand for air conditioning is expected to grow by 2.5% annually between 2020 and 2050."

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Statistic 7

"A minimum of 5% of US residential electricity consumption is attributed to air conditioning."

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Statistic 8

"In 2018, 31% of European households had air conditioning, compared to 48% in the US."

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Statistic 9

"Air conditioner sales in India are projected to grow at a compound annual growth rate (CAGR) of over 12% between 2021 and 2025."

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Statistic 10

"The global air conditioning market is expected to be worth $191.83 billion by 2027, registering a CAGR of 6.9% from 2020."

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Statistic 11

"In 2020, approximately 16% of residential properties in the United Kingdom had air conditioning."

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Statistic 12

"By 2050, the global stock of room air conditioners is projected to reach 5.6 billion units, up from 1.6 billion in 2018."

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Statistic 13

"Nearly 100% of newly installed cars have air conditioning systems."

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Statistic 14

"Inefficient air conditioners are linked to an increase of 2 million tons of CO2 emissions annually."

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Statistic 15

"By 2030, air conditioner stocks in the Middle East are expected to more than double from 2018 levels."

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Statistic 16

"The global market for heat pump air conditioners is expected to reach $78.8 billion by 2026."

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Statistic 17

"The air conditioning market in South Korea reached a value of $3.7 billion in 2020."

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