North America Smart Air Conditioning Market Size & Outlook
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North America smart air conditioning market highlights
- The North America smart air conditioning market generated a revenue of USD 7,460.1 million in 2024.
- The market is expected to grow at a CAGR of 12.4% from 2025 to 2030.
- In terms of segment, temperature control was the largest revenue generating product in 2024.
- Integrated Control is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 7,460.1 million |
| Market revenue in 2030 | USD 14,855.5 million |
| Growth rate | 12.4% (CAGR from 2025 to 2030) |
| Largest segment | Temperature control |
| Fastest growing segment | Integrated Control |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Temperature Control, Humidity Control, Ventilation Control, Integrated Control |
Other key industry trends
- In terms of revenue, North America region accounted for 35.9% of the global smart air conditioning market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,321.4 million by 2030.
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Smart Air Conditioning Market Scope
Smart Air Conditioning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls, Inc. | View profile | - | - | - |
| Voltas | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.voltas.com |
| Carrier Global Corp Ordinary Shares | View profile | 53000 | 13995 Pasteur Boulevard, Palm Beach Gardens, FL, United States, 33418 | https://www.corporate.carrier.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
North America smart air conditioning market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart air conditioning market will help companies and investors design strategic landscapes.
Temperature control was the largest segment with a revenue share of 48.69% in 2024. Horizon Databook has segmented the North America smart air conditioning market based on temperature control, humidity control, ventilation control, integrated control covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounted to hold significant share in the market and accounted for a 35.9% share in 2024. The market in North America is growing rapidly due to increased consumer demand for energy-efficient and environmentally friendly solutions.
The adoption of smart thermostats and HVAC systems integrated with IoT technology is becoming more common in both residential and commercial buildings. Rising awareness of climate change and stricter energy regulations are prompting businesses and homeowners to seek smarter cooling solutions.
The increasing prevalence of smart home ecosystems is also driving demand for air conditioners that can be easily integrated with other devices.
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Target buyers of North America smart air conditioning market databook
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Our clientele includes a mix of smart air conditioning market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart air conditioning market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart air conditioning market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America smart air conditioning market size, by country, 2018-2030 (US$M)
North America Smart Air Conditioning Market Outlook Share, 2024 & 2030 (US$M)
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