India Air Conditioners Market Trends and Business Opportunities to 2030: Regional Insights for Splits, Windows, VRF, Chillers, and Other Products [Yahoo! Finance]
DAIKIN INDS LTD UNSP/ADR (DKILY)
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Source: Yahoo! Finance
and Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The India Air Conditioners Market was valued at USD 5.41 billion in 2024, and is expected to reach USD 8.07 billion by 2030, rising at a CAGR of 6.90%. Due to the increasing strength of the household sector, the expansion of new housing developments, and the growth of SMEs, residential air conditioners are dominating the AC market across all segments. Moreover, the surge in construction projects in both metro and tier-2 cities is expected to boost demand for air conditioners in the coming years. The market's anticipated growth can be credited to robust expansion in the residential sector, which represents the primary end-user of air conditioners. Improved standards of living among Indian consumers have significantly increased the demand for air conditioners in residential settings. Additionally, the commercial sector, another key end-user, has experienced substantial growth over the past d
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