The "India Air Conditioner Market Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.

Consumer durables is one of the fastest growing industry segments in India.

With the continuous inflow of disposable income and the advancement of technology, the need for the varied consumer durable goods are on a rise. This in turn has led to a strong competition between different consumer durable brands as well as the price gap between the same consumer goods of different companies are also narrowing down.

Air conditioner sales are expected to grow with a CAGR of more than 10% over next four years. Window air conditioners are comparatively cheaper than split air conditioners; however their market is on a decline with the popularity of spilt ACs in the country. Some companies like LG, Panasonic and Samsung have even stopped making window ACs because of its inflection point where there is no innovation possible and the entire market is shifting towards split segment. On the other hand, split AC is high on demand as it is very easy to install and the price gap between window and split ACs have also become very less. Consumers nowadays prefer energy-efficient smart appliances due to rising energy prices.

Some new players are entering into the market. Intex Technologies, which forayed into the consumer durable segment with the launch of washing machines and refrigerators, has now expanded its portfolio by launching air-conditioners. Micromax Informatics introduced a new range of air conditioners, to strengthen its presence in the AC market.

Report Segmentation

Residential/ Room Air Conditioner

  • Spilt Air Conditioner
  • Window Air Conditioner

Commercial Air Conditioner

  • Light Commercial Air Conditioner
  • Ducted & Packaged Air Conditioner
  • VRF Air Conditioner
  • Chillers

Companies Mentioned

  • Blue Star Limited
  • Daikin Airconditioning India Private Limited
  • Haier Appliances (India) Private Limited
  • Johnson Controls-Hitachi Air Conditioning India Limited
  • LG Electronics India Private Limited
  • Lloyd Electric and Engineering Limited"
  • Mitsubishi Electric India Private Limited
  • Panasonic India Private Limited
  • Samsung India Electronics Private Limited
  • Voltas Limited
  • Whirlpool of India Limited

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