Press Release

Australia Air Conditioners Market to be dominated by Commercial sector with 71.98% market share in 2028F

Surging issue of rising temperature, availability of energy efficient cooling systems, increasing usage of air conditioners within commercial places are the certain factors which will drive the Australia Air Conditioners market in the forecast years.

According to TechSci Research report, Australia Air Conditioners Market - By Region, Competition, Opportunities and Forecast, 2018-2028F,” the Australia Air Conditioners market is expected to project impressive growth with the CAGR of 6.52% in the forecast period, 2024-2028F due to rapidly surging demand from the residential industry as well as the growing commercial sector in Australia.

From 35% of the global population today to nearly 45% in 2030, there is expected to be a surge in the adoption rate of air conditioners as a result of rising temperatures, urbanization, improved living standards and growing demand for residential and commercial spaces. Furthermore, rising availability of energy-efficient air conditioners with the growing requirement as per the government norms, growing online sales of air conditioners, and surging demand from residential and commercial sectors are also aiding to the growth of the Australia Air Conditioners Market in the forecast years.

More than 10 million cubic meters of cold room storage are needed in order to preserve the food for the resident of the country and export some foods. With these developments, it is obvious to maintain the efficiency in the air conditioning sector in order to reduce carbon emissions, lower electricity use, and produce high-quality goods.

Through exports of goods and services, domestic consumption of goods and services, and the number of people who are either directly or indirectly dependent on industry employees, the Australian air conditioners market significantly contributes to the country's gross domestic product.

Browse over 29 market data Figures and 6 Tables spread through 99 Pages and an in-depth TOC on “Australia Air Conditioners Market."

The Australia Air Conditioners Market is segmented on the basis of end use sector, regional distribution and competitional landscape. Based on end use sector, the market is further fragmented into commercial and residential sector. Among them, the commercial segment is expected to register a CAGR of 8.01% in the forecast years and this sector is expected to dominate the market in the upcoming five years account of surging development activities within the country which is further propelling the market growth. For instance, over the past two decades, the floor area of buildings has increased by more than 60%, and in this decade, it is expected to increase by another 20%, bringing the total floor surface area to close to 45 billion m2, which is expected to increase demand for air conditioners. These are some of the major factors influencing the growth of commercial sector within Australia Air Conditioners market.

Moreover, the commercial sector is further categorized by product type into Variable Refrigerant Flow (VRF), Ductable Split, Chillers, Single Packaged and others. Among these, the VRF segment dominates the air conditioners market in Australia due to increasing demand for such air conditioning systems iin recent years and due to their benefits like energy efficiency, flexibility, and advanced controls. VRF systems are designed to provide individualized temperature control in different zones or rooms of a building, allowing for greater comfort and energy savings.

Key market players in the Australia Air Conditioners Market include:

  • Mitsubishi Electric Australia Pty. Ltd.
  • Electrolux Home Products Pty Limited
  • Panasonic Australia Pty. Ltd.
  • Samsung Electronics Australia Pty. Ltd.
  • Daikin Australia Pty Limited
  • LG Electronics Australia Pty Ltd
  • AHIC (Australia) Pty Ltd
  • Rinnai Australia Pty Ltd
  • Fisher & Paykel Australia Pty Limited
  • Actron Engineering Pty Ltd

With the increasing competition in the Australia Air Conditioners market, most  brands are focused on producing new models with the latest features. For instance, Mitsubishi Electric launched its new Designer Series wall-mounted air conditioner range, which features a modern design, enhanced comfort control, and Wi-Fi connectivity for remote control and monitoring. Moreover, other notable air conditioner brands in Australia include Fujitsu, LG, Panasonic, Samsung, and Hitachi, among others. These brands frequently introduce new models and upgrades to their existing product lines, with a focus on improving energy efficiency, enhancing user experience, and incorporating new technologies such as smart controls and air purification. Such factors are expected to boost the air conditioner industry in the future.

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“The launch of new air conditioner models in Australia can vary by brand and season. Climate, building regulations, and consumer preferences are the certain crucial factors which are influencing the demand for air conditioners in Australian market. Furthermore, rising usage of centralized air conditioners for different purposes like cooling, preserving food products within food processing industries, maintaining temperature are significantly influencing the development of the Australia Air Conditioners market in the upcoming five years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.  Australia Air Conditioners Market By End Use Sector (Residential, and Commercial), By Region, Competition, Forecast & Opportunities, 2018-2028F,” has evaluated the future growth potential of Australia 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 take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Australia air conditioners market.


Mr. Ken Mathews

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Relevant Reports

Australia Air Conditioners Market By End Use Sector (Commercial, Residential), By Region, Competition Forecast & Opportunities, 2018-2028

Consumer Goods and Retail | Mar, 2023

Surging issue of rising temperature, availability of energy efficient cooling systems, increasing usage of air conditioners within commercial places are the certain factors which will drive the Australia Air Conditioners market in the forecast years.

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