Press Release

Myanmar Air Conditioners Market to Grow with a CAGR of 5.89% through 2028

Myanmar air conditioners market is being driven by economic development and urbanization, climatic conditions and seasonal demand, and technological advancements with a focus on energy efficiency.


According to TechSci Research report, “Myanmar Air Conditioners Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Myanmar Air Conditioners Market stood at USD 71.21 million in 2022 and is anticipated to grow with a CAGR of 5.89% in the forecast period, 2024-2028. The Myanmar air conditioners market is a rapidly evolving and dynamic industry that reflects the country's economic growth, urbanization, and the increasing demand for cooling and climate control solutions. The air conditioners market in Myanmar has experienced significant growth and transformation over the past decade. This market encompasses a wide range of cooling and climate control products, including window air conditioners, split air conditioners, portable units, and central air conditioning systems. Myanmar's market is characterized by its diversity and adaptability to various consumer needs, from residential cooling to commercial and industrial applications. Myanmar's air conditioners market has expanded considerably, reflecting the country's robust economic growth and increasing urbanization. With the rise in disposable incomes and a growing middle class, the demand for air conditioning products has surged. The market's size is substantial, attracting both domestic and international manufacturers who compete to cater to the rising demand for cooling solutions. Myanmar's air conditioner market is projected to continue growing at a steady pace, driven by urbanization and climate-related factors. Energy efficiency is a key concern for consumers and regulatory authorities alike. Energy-efficient air conditioning systems, labeled with star ratings indicating their efficiency, are gaining popularity due to their ability to reduce electricity consumption and operating costs. Additionally, inverter technology, which allows air conditioners to vary their cooling or heating capacity to maintain a consistent temperature, is gaining prominence. Inverter air conditioners are known for their energy efficiency and enhanced comfort. Furthermore, Myanmar's government has implemented regulations to promote environmentally friendly refrigerants, such as R32 and R410A, over older, less eco-friendly alternatives like R22. This shift aligns with global efforts to reduce greenhouse gas emissions and mitigate climate change.

The adoption of smart air conditioners with Wi-Fi connectivity and mobile app control is on the rise. These systems offer greater convenience, allowing users to adjust settings remotely and monitor energy consumption. Additionally, in response to growing health concerns, air conditioners equipped with air purifiers and filters that remove allergens and pollutants are gaining popularity, particularly in urban areas with air quality challenges. Furthermore, the commercial and hospitality sector in Myanmar, including hotels, restaurants, shopping centers, and office buildings, relies heavily on efficient air conditioning to ensure a comfortable environment for customers and employees. This sector represents a significant portion of air conditioning product and service consumption. In addition, the air conditioning industry continually innovates to develop more energy-efficient and technologically advanced systems. These innovations appeal to consumers and businesses seeking modern, eco-friendly, and cost-effective solutions for their cooling and heating needs.


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While the middle class is expanding in Myanmar, the initial cost of purchasing air conditioning systems can still be a barrier for many consumers, particularly in rural areas. Additionally, rising electricity costs can deter some consumers from using air conditioners, especially during hot seasons when cooling needs are highest. Furthermore, the increased use of air conditioners has raised concerns about their environmental impact, particularly in terms of energy consumption and refrigerant emissions. Stricter environmental regulations are being introduced to address these issues. In addition, the market is highly competitive, with numerous manufacturers vying for market share. This competition can put pressure on profit margins and pricing. Myanmar Air Conditioners market is segmented into type, end use, sales channel, and region. Based on type, the market is segmented into splits, VRFs, chillers, windows, and others (portable, floor standing, etc.). Among these, splits have a significant share of the Myanmar air conditioners market. Split air conditioners are known for their energy efficiency, making them highly attractive to consumers in Myanmar, where energy conservation is a significant concern. Many split systems incorporate inverter technology, which allows them to adjust cooling or heating capacity as needed, reducing energy consumption and lowering electricity bills. Based on region, the market is segmented into South-East, South-West, North-East, and North-West. Among these, North-East has a significant share of the Myanmar air conditioners market. The North-East region of Myanmar experiences a diverse range of climatic conditions due to its varied topography and geography. This diversity includes highland areas with cooler temperatures and lowland areas with warmer climates. Such climatic variations necessitate the year-round use of air conditioning systems for both cooling during hot seasons and heating during colder periods, contributing to a continuous demand for air conditioners.


Major companies operating in Myanmar Air Conditioners market are:

  • Thai Samsung Electronics (Thailand) Co. Ltd.
  • Toshiba Asia Pacific Pte. Ltd.
  • LG Electronics (Thailand) Co. Ltd.
  • Mitsubishi Electric Asia Pte. Ltd.
  • Panasonic Asia Pacific Pte. Ltd.
  • Hitachi Home Electronics Asia (S) Pte. Ltd.
  • Daikin Malaysia Sdn. Bhd.
  • Midea Group
  • TCL Technology
  • Hisense Co. Ltd.                    


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“The future of the Myanmar air conditioners market is promising, driven by factors such as urbanization, economic growth, climate considerations, and technological advancements. As consumers continue to prioritize comfort and energy efficiency, the demand for innovative and eco-friendly air conditioning solutions is expected to rise. Manufacturers and suppliers that focus on energy-efficient and environmentally responsible products, along with effective marketing and after-sales services, are likely to thrive in this evolving market landscape. In conclusion, the Myanmar air conditioners market represents a dynamic and growing sector within the country's consumer electronics industry. As the market adapts to changing consumer preferences and environmental concerns, it presents both challenges and opportunities for domestic and international players alike. The drive toward energy efficiency, smart technology, and improved air quality is expected to shape the future of air conditioning in Myanmar.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Myanmar Air Conditioners Market By Type (Splits, VRFs, Chillers, Windows, and Others (Portable, Floor Standing, etc.)), By End Use (Residential, Commercial/Industrial), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of Myanmar air conditioners market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Myanmar air conditioners market.


Mr. Ken Mathews

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +13322586602

Email: [email protected]               


Relevant Reports

Myanmar Air Conditioners Market By Type (Splits, VRFs, Chillers, Windows, and Others (Portable, Floor Standing, etc.)), By End Use (Residential, Commercial/Industrial), By Region, By Competition Forecast & Opportunities, 2018-2028F

Consumer Goods and Retail | Nov, 2023

Myanmar air conditioners market is being driven by economic development and urbanization, climatic conditions and seasonal demand, and technological advancements with a focus on energy efficiency.

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