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The Germany air conditioner market reached USD 2,262.71 million in 2023. The market is expected to grow at a CAGR of 6.2% between 2024 and 2032, reaching almost USD 3,875.05 million by 2032
Events such as the annual international and national exhibitions, such as the one organized in Warsaw, Poland by Eurovent, a European HVAC industry association, contribute significantly to Germany air conditioner market growth.
Eurovent's European members, representing 1000+ companies and €30 billion in turnover, drive a growing sense of responsibility amid decarbonization and electrification. Their competitive edge fosters innovation, merging sustainability with comfort.
Germany, amidst rising temperatures, sees potential in its air conditioner market as customers seek solutions for coping with summer heatwaves.
The Germany air conditioner market growth is being led by rising temperatures across the domestic region and technologically advanced consumer electronics to combat sustainability concerns coupled with a rising number of mergers and acquisitions to help scale the markets.
March 2024
Panasonic Corporation signed a business alliance with German energy control solution company Tadoo in a move to develop software for Panasonic air-to-water heat pumps.
January 2024
Carrier Global Corp acquired Viessmann Climate Solutions, a leading German AC manufacturer in a € 12bn deal, Strengthening the company’s leadership position.
March 2023
The European Heat Pump Association announced a subsidy of up to EUR 18,000, on ground source heat pumps among other kinds of heat pumps to promote low-carbon heating and cooling systems.
January 2024
Apleona, a facility management company based near Frankfurt, acquired Air for All, in a bid to enter the market for installation and maintenance services for ventilation, air conditioning.
Technological advancements
Growth in the domestic market is largely propelled by advancements in technology, as foreign and domestic companies compete in Germany air conditioner market
Rising temperatures
Rising average temperatures may propel the Germany air conditioner market growth. As per the world bank, the max average temperature in 2022 was 15.33 degrees Celcius
Novel health and comfort features
Increasing awareness of health concerns like allergies and respiratory issues are causing features like advanced filtration systems, humidity control, and air purification to gain popularity.
Inverter technology is picking up
Air conditioners that are inverter driven are becoming more prevalent due to their energy-saving capabilities and quieter operation as opposed to traditional air conditioner models.
Technological advancements in the Germany air conditioner market address sustainability issues and seek to enhance comfort during extreme temperatures, contributing to market evolution and making life easier for individuals.
Increasingly warmer summers may influence the Germany air conditioner market growth, as higher year-round temperatures prompt greater household adoption of air conditioning due to domestic structures being inadequately designed for such climatic conditions.
Germany Air Conditioner Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Size
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Based on the distribution channel, Germany air conditioner market growth is boosted by hypermarkets/supermarkets as a more traditional option, when it comes to purchasing electrical appliances and HVAC durables.
In Germany, hypermarkets and supermarkets serve as convenient destinations for air conditioner purchases, boasting varied selections, expert assistance, and enticing deals, simplifying the shopping experience for discerning consumers.
Amazon and eBay have emerged as popular online hubs for consumers exploring, comparing, and procuring air conditioners, presenting diverse options and flexible shopping opportunities accessible at any time and place.
The size-driven enhancement of the Germany air conditioner market is characterized by increments of 12,000 BTUs, a unit of heat measurement.
12K-36K BTU air conditioners provide efficient cooling for medium-sized rooms or spaces, such as offices, bedrooms, or small apartments, offering optimal comfort and climate control in areas up to approximately 1,500 square feet.
60K+ BTU air conditioners are designed for large commercial or industrial spaces, such as warehouses, factories, or shopping malls, delivering powerful cooling capabilities to maintain comfortable temperatures in expansive areas exceeding 3,000 square feet.
Based on the end use by consumers, commercial areas such as malls, supermarkets, and shopping centres drive Germany air conditioner market growth.
Commercial establishments like offices, retail stores, hotels, and hospitals rely on air conditioning for creating comfortable environment. This demand is fuelled by business expansion, rising temperatures and enhancing customer experience.
The need for comfort in homes drives growth in the air conditioner market for the residential sector. Urbanisation and lifestyle enhancements are also major factors things like energy efficiency and smart technology that influence purchasing decisions.
Key players in the Germany air conditioner market are prompting growth by capturing greater market share through innovations and economies of scale through mergers.
Carrier Global Corporation is an American multinational company in the heating, ventilation, and air conditioning industry. It was founded in the year 1915, by Willis Carrier and operates out of Connecticut, USA.
Daikin Industries, Ltd. Which was founded in the year 1924 is a Japanese multinational conglomerate headquartered in Osaka. It is one of the world's leading air conditioner manufacturers.
Haier Group Corp. is a Chinese multinational consumer electronics and home appliances company. It was founded in the year 1984 and is headquartered in Qingdao, China.
LG Corporation is a South Korean multinational conglomerate based in Busan which specialises in the manufacturing of consumer electronics and home appliances. It was founded in the year 1947.
Other Germany air conditioner market key players are AB Electrolux, Hughes Group, Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Johnson Controls International Plc, and Mitsubishi Electric Corp among others.
According to statistics from the German Federal Statistical Office as of December 2022, North Rhine-Westphalia leads the German air conditioner market as the most populous state, with an estimated population of 18.1 million. Following is Bavaria, also known as Bayern, with approximately 13.4 million inhabitants, and lastly, Baden-Württemberg with around 11.2 million residents. The total population of Germany was estimated at 84.3 million people.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Size |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Air Conditioners Market Overview
8.1 Key Industry Highlights
8.2 Europe Air Conditioners Historical Market (2018-2023)
8.3 Europe Air Conditioners Market Forecast (2024-2032)
8.4 Europe Air Conditioners Market Share by Region
8.4.1 United Kingdom
8.4.2 Germany
8.4.3 France
8.4.4 Italy
8.4.5 Others
9 Germany Air Conditioners Market Overview
9.1 Key Industry Highlights
9.2 Germany Air Conditioners Historical Market (2018-2023)
9.3 Germany Air Conditioners Market Forecast (2024-2032)
10 Germany Air Conditioners Market by Type
10.1 Window AC
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Central AC
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mini Split AC
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Germany Air Conditioners Market by Size
11.1 <12K BTU
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 12K-36K BTU
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 36K-60K BTU
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 60K+ BTU
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 Germany Air Conditioners Market by End Use
12.1 Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Residential
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Germany Air Conditioners Market by Distribution Channel
13.1 Hypermarkets/Supermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Specialty Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Online Channels
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Germany Air Conditioners Market by Region
14.1 North Rhine-Westphalia
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Bavaria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Baden-Württemberg
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Trade Data Analysis (HS Code – 841583)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Carrier Global Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Hughes Group
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 LG Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 AB Electolux
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Daikin Industries, Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Haier Group Corp.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Samsung Electronics Co. Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Panasonic Holdings Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Johnson Controls International Plc
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Mitsubishi Electric Corp.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Air Conditioners Market: Key Industry Highlights, 2018 and 2032
2. Germany Air Conditioners Market: Key Industry Highlights, 2018 and 2032
3. Germany Air Conditioners Historical Market: Breakup by Type (USD Million), 2018-2023
4. Germany Air Conditioners Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Germany Air Conditioners Historical Market: Breakup by Size (USD Million), 2018-2023
6. Germany Air Conditioners Market Forecast: Breakup by Size (USD Million), 2024-2032
7. Germany Air Conditioners Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Germany Air Conditioners Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Germany Air Conditioners Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Germany Air Conditioners Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Germany Air Conditioners Historical Market: Breakup by Region (USD Million), 2018-2023
12. Germany Air Conditioners Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Major Exporting Countries by Value
14. Major Importing Countries by Value
15. Major Exporting Countries by Volume
16. Major Importing Countries by Volume
17. Germany Air Conditioners Market Structure
The market was valued at USD 2,262.71 million in 2023.
The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.
The market is expected to reach USD 3,875.05 million in 2032.
Factors driving the market are rising temperatures in the domestic regions and technological advancements in the industry to combat the concerns that are raised about the sustainability and environmentally friendly nature of the technology.
The market is broken down into window AC, central AC, mini split AC and others.
The market key players are Carrier Global Corporation, Hughes Group, LG Corporation, AB Electrolux, Daikin Industries, Ltd., Haier Group Corp., Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Johnson Controls International Plc and Mitsubishi Electric Corp. among others.
Based on the distribution Channel it is divided into hypermarkets/supermarkets, speciality stores, online channels and others.
The major market areas include North Rhine-Westphalia, Bavaria, and Baden-Württemberg.
Based on the end use, the market is divided into commercial and residential markets.
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