Base Year
Historical Year
Forecast Year
Value in AUD Billion
2024-2032
Australia Air Conditioner Market Outlook
*this image is indicative*
The Australia air conditioner market is being divided into room AC, centralized AC, ducted AC and ductless AC. Moreover, recent developments in air conditioners includes the incorporation of new technology that includes thermostat temperature regulation and inverter technology combined with air conditioning.
According to the Australia Bureau of Statistics, in 2023 the population change over the year in New South Wales was around 2.1% whereas in Western Australia it was around 3.1%. This indicates that Western Australia witnessed the highest percentage of population change further contributing to the Australia air conditioner market growth.
The Australia air conditioner market is enhanced by the increase in technological innovations, sustainable air conditioners, inverter-connected air conditioners and impact on health.
Technological Innovations
Australia air conditioner market development is driven by the technological innovation of connecting air conditioning with smart technology.
The market is being driven by the combination of the Inverter technology with an air conditioning system that automatically regulates the temperature.
Sustainable air conditioners have created a major impact on Australia air conditioner market as they are made up of low global warming potential gases.
Individuals prefer purchasing air conditioners as they provide various benefits including helping with dehydration, promoting sound sleep, and helping in improving the quality of air.
LG Electronics Australia launched a 1:1 ducted system and ceiling-mounted cassette system. The single split system consists of a black fin layer outside for protection against corrosion.
Fujitsu General launched a High Static R32 ducted that is lightweight and can be easily fitted in compact spaces. It includes features such as high performance, sustainability etc.
Coachair launched two EX32 air conditioning units which were displayed at Bus & Coach Expo. They possess properties such as being lightweight with the highest cooling and heating capacity.
Mitsubishi Electric Australia launched the s-MEXT split cooling system for small IT rooms, and small data centers. It possesses high-efficiency quality and can control temperature and humidity in an IT environment.
As per the Australia air conditioner market report, the integration of the Internet of Things in air conditioners has created a major impact on the growth. Due to smart technology incorporation, individuals can control the temperature with their Wifi-connected devices.
Moreover, the introduction of sustainable air conditioners has helped in reducing carbon emissions of the same and also helps in improving the energy efficiency of the products. The air conditioners also help in creating major health benefits including relieving dehydration symptoms and promoting good sleep.
Unlock your business potential with our detailed consulting services. From technical due diligence and consumer insights to brand strategy and growth advisory, we provide comprehensive solutions to address every aspect of your business needs, ensuring success in today's competitive market.
Revolutionize your procurement strategy with our comprehensive services. From cost modeling and custom market intelligence to strategy building and digitization, we provide expert support. Stay ahead with accurate price indices, category reports, supplier intelligence, and FTE support.
Discover growth opportunities with our comprehensive consulting services. From market sizing and segmentation to price forecasting and consumer insights, we provide in-depth analysis and strategic recommendations to drive your business forward.
Utilize data analytics to discover market trends, consumer behavior, and operational insights. Expertise in predictive modeling and data visualization aids strategic decisions and propels business growth. Harness data for a competitive advantage.
Dive deep into market research, clinical trials, and regulatory landscapes. Gain valuable insights for funding, investment, and market entry strategies. Let us guide you through every step with our expertise in project management and data analytics.
Australia Air Conditioner Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Technology
Market Breakup by Size
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Ductless AC provides various benefits over other AC types, thus holding a major market share. They provide benefits including better air quality with flexibility and the indoor unit is being installed with different thermostats allowing users to set different temperatures.
Australia air conditioner market growth is driven by the automatic technology of air conditioning systems as it helps in saving energy by lowering energy consumption. Moreover, unlike manual air conditioners, automatic systems help in providing better comfort to the users and also help in improving the air quality of the room by reducing the formation of humidity.
The size of the air conditioner around “12K-36K BTU” holds a significant Australia air conditioner market share as it helps in providing better efficiency at a lower energy cost. Moreover, unlike very low-size or high-size air conditioners, they provide better cooling effects without wasting much energy without impacting their lifespan.
Due to the rise in the working professionals in Australia, the number of hours spent by individuals has increased in commercial buildings as compared to those spent in homes, thus the Australia air conditioner market demand is being driven by commercial air conditioners.
The market growth is being driven by the increase in the number of electronic stores. As for purchasing the air conditioner, individuals prefer going to electronic stores rather than purchasing the same online as visiting electronic stores guides individuals in a better way which size of air conditioner to purchase for better efficiency.
The Australia air conditioner market competitiveness has increased due to technological innovations, sustainable air conditioners, inverter-connected air conditioners and impact on health.
LG Electronics Australia Pty Limited is involved in the manufacturing of electronics goods and services for both residential and commercial uses including home appliances, audio and computer products.
Fisher & Paykel Australia Pty Limited, was founded in 1934 and its headquarters is in New South Wales. It designs sustainable approach-based products including ventilation, cooling, cooking, outdoor etc.
Daikin Australia Pty Limited designs air conditioning systems including air purifiers, multi-split air conditioning, thermal hydronic heating, split system air conditioning, and ducted system air conditioning.
Panasonic Australia Pty Limited is involved in the manufacturing of air conditioning systems and also B2B solutions. Air conditioning systems include commercial and residential air conditioners etc.
Other Australia air conditioner market key players are AHIC (Australia) Pty Ltd among others.
As per the Australia Bureau of Statistics, in January 2024, the household spending in Tasmania on equipment was around 11.5% whereas it was around 1.7% in Queensland. This indicates that Tasmania holds a significant Australia air conditioner market share as compared to Queensland.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market was valued at AUD 3.37 Billion in 2023.
The market is projected to grow at a CAGR of 5.60% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 5.50 Billion in 2032.
The air conditioner market is growing with an increase in technological innovations, sustainable air conditioners, inverter-connected air conditioners and impact on health.
Based on the technology, the air conditioner market is bifurcated into automatic and manual.
Key players in the Australia air conditioner industry are AHIC (Australia) Pty Ltd, LG Electronics Australia Pty, Daikin Australia Pty Limited, Fisher & Paykel Australia Pty Limited, and Panasonic Australia Pty Limited among others.
Based on type, the air conditioner market is divided into ducted AC, ductless AC, centralized AC and room AC.
The different sizes of air conditioners include <12K BTU, 12K-36K BTU, 36K-60K BTU, and 60K+ BTU.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Technology |
|
| Breakup by Size |
|
| Breakup by End Use |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Choose the right license for your needs and access rights.
Add the report to your cart with one click and proceed to register.
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
One User
Five Users
Unlimited Users
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
We ensure that you get unmatchable competitive advantage by providing detailed insights about the existing market scenario as well as the emerging and high growth markets.
Regions and Countries with the Highest Number of Returning Clients
Projects delivered with customization
Projects involving industry specific expertise
Analysts Support
Corporates choose us as their preferred partner
Commitment to Excellence
Diverse Teams
Innovative Solutions
Client Centric Approach
Continuous Improvement
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-120-433-0800
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
