North America Air Conditioning Systems Market To Reach $15.92 Billion By 2033

North America Air Conditioning Systems Market Growth & Trends

The North America air conditioning systems market size is expected to reach USD 15.92 billion by 2033, expanding at a CAGR of 3.9% from 2025 to 2033, according to a new report by Grand View Research, Inc. The rising construction spending in residential, commercial, and industrial sectors is anticipated to drive growth. In addition, over the next six years, the growth is anticipated to be fueled by favorable regulatory initiatives for energy efficiency. It is also anticipated to be fueled by elements like the tourist and construction industries' optimistic expansion.

The rising disposable incomes are expected to promote the use of a range of air conditioning systems. Additionally, elements like the rising customer preference for energy-efficient systems and the expanding use of portable systems are anticipated to favorably affect the expansion of the air conditioning systems market in North America.

Product development and innovation have benefited from technological advances. Over the course of the projected period, the North America air conditioning systems industry may be hampered by intense rivalry from other regional markets and cheaper products supplied by Chinese manufacturers. Over the next six years, there should be opportunities for the market. Participants due to expanding application areas, such as the usage of portable air conditioning systems in tents for outdoor activities.

The growth of the market is further driven by the increased popularity of smart devices that can transform traditional remote-controlled air conditioners into smart gadgets. Room air conditioner demand is being fueled by rising housing standards, while packaged air conditioner demand is predicted to expand somewhat as more malls, offices, and factories are permitted to be built.

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North America Air Conditioning Systems Market Report Highlights

• The ductless mini-split systems segment led the market with the largest revenue share of 40.2% in 2024, due to their energy efficiency and flexible installation.

• The inverter-based air conditioners segment led the market with the largest revenue share of 68.6% in 2024, owing to their superior energy efficiency and precise temperature control.

• The residential sector segment led the market with the largest revenue share of 36.5% in 2024, due to widespread homeownership and rising temperatures.

• The air conditioning system market in the U.S. accounted for the largest market revenue share in North America in 2024, due to its large population, extreme weather variations, and high rate of HVAC adoption.

North America Air Conditioning Systems Market Segmentation

Grand View Research has segmented the North America air conditioning systems market on the basis of type, technology, end use, and country:

North America Air Conditioning Systems Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Package Air Conditioners

• Split Air Conditioning Systems

• Ductless Mini-Split Systems

North America Air Conditioning Systems Technology Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Inverter

• Non-Inverter

North America Air Conditioning Systems End Use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Residential

• Commercial

• Industrial

North America Air Conditioning Systems Country Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• North America

• U.S.

• Canada

• Mexico

List of Key Players in the North America Air Conditioning Systems Market

• DAIKIN INDUSTRIES, Ltd.

• Carrier.

• Haier Group

• Johnson Controls - Hitachi Air Conditioning Company

• Lennox International Inc.

• LG Electronics.

• Mitsubishi Electric India Pvt. Ltd.

• Panasonic Corporation

• Samsung Electronics Co. Ltd.

• Whirlpool