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.
| Australia Air Conditioner Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 3.4 |
| Market Size 2032 | AUD Billion | 5.5 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.6% |
| CAGR 2024-2032 - Market by Region | Australian Capital Territory | 6.4% |
| CAGR 2024-2032 - Market by Region | Others | 5.8% |
| CAGR 2024-2032 - Market by Technology | Automatic | 6.2% |
| CAGR 2024-2032 - Market by Distribution Channel | Online | 6.2% |
| Market Share by Region | New South Wales | XX% |
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.
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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.
| CAGR 2024-2032 - Market by | Region |
| Australian Capital Territory | 6.4% |
| Others | 5.8% |
| Queensland | 5.0% |
| New South Wales | XX% |
| Victoria | XX% |
| Western Australia | XX% |
*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.*
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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:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Size |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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