United Kingdom Air Conditioner Market (2024-2030) | Companies, Analysis, Revenue, Trends, Size, Industry, Share, Value, Outlook, Growth & Forecast

Topics Covered in the United Kingdom Air Conditioner Market

United Kingdom Air Conditioner Market report thoroughly covers the market by type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

United Kingdom Air Conditioner Market Synopsis

The United Kingdom has seen a significant increase in the demand for air conditioners in recent years. With the rise of global warming, consumers are looking for ways to keep their homes cool. Additionally, the growth is followed by the increased demand for energy-efficient AC units, the need to replace outdated units, and the rise in disposable income across the country.

According to 6Wresearch, the United Kingdom Air Conditioner Market size is expected to grow at a CAGR of 7.9% during the forecast period 2024-2030. The high temperatures during the summers with heatwaves becoming more frequent in the country, demand for AC units is on the rise. Moreover, the UK government's initiative to phase out ozone-depleting substances has led to an increase in the demand for eco-friendly AC units. On the other hand, some challenges exist in the United Kingdom Air Conditioner industry that can hamper its growth.

One of the key challenges facing the UK AC market is the relatively high cost of installation and maintenance of AC units. This cost can be attributed to the scarcity of qualified technicians and high import duties on AC units. Additionally, the UK is experiencing a shortage of refrigerants, which are essential components of ACs. However, Recent trends in the UK AC market include the development of smart AC units that can be controlled through mobile devices and the adoption of energy-efficient AC units. Moreover, manufacturers are shifting towards using more eco-friendly refrigerants in their AC units in response to the UK government's efforts to mitigate climate change.

Government Initiatives introduced in the United Kingdom Air Conditioner Market

United Kingdom Air Conditioner Market share is estimated to increase with the introduction of favourable initiatives. These initiatives are encouraging the adoption of eco-friendly AC units, such as the Green Homes Grant. This initiative provides homeowners with vouchers to install energy-efficient AC units, insulation, and other energy-saving measures in their homes.

Key Players in the United Kingdom Air Conditioner Market

The UK AC market is dominated by key players such as Daikin Industries Ltd., Mitsubishi Electric Corporation, LG Electronics Inc., Fujitsu Ltd., and Samsung Electronics Co. Ltd. These companies account for a significant share of the market, and their continued investment in research and development is driving innovation in the industry.

Market Analysis by Type

According to Nitesh, Research Head, 6Wresearch, the ductless air conditioners are growing in the UK market. due to their flexibility and cost-effectiveness make them the perfect option for UK households and businesses.

Market Analysis by Application

Based on the application, the residential segment is leading the market, primarily because of increased renovation projects and construction of new homes.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• United Kingdom Air Conditioner Market Outlook
• Market Size of United Kingdom Air Conditioner Market, 2023
• Forecast of United Kingdom Air Conditioner Market, 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Revenues & Volume for the Period 2020 - 2030
• United Kingdom Air Conditioner Market Trend Evolution
• United Kingdom Air Conditioner Market Drivers and Challenges
• United Kingdom Air Conditioner Price Trends
• United Kingdom Air Conditioner Porter's Five Forces
• United Kingdom Air Conditioner Industry Life Cycle
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Residential for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Healthcare for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Hospitality for the Period 2020 - 2030
• Historical Data and Forecast of United Kingdom Air Conditioner Market Revenues & Volume By Others for the Period 2020 - 2030
• United Kingdom Air Conditioner Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• United Kingdom Air Conditioner Top Companies Market Share
• United Kingdom Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
• United Kingdom Air Conditioner Company Profiles
• United Kingdom Air Conditioner Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Room Air Conditioner
• Ducted Air Conditioner
• Ductless Air Conditioner
• Centralized Air Conditioner

By Application

• Residential
• Healthcare
• Commercial & Retail
• Transportation & Infrastructure
• Hospitality
• Others

United Kingdom Air Conditioner Market (2024-2030): FAQs