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Increasing Infrastructural Development Activities Fueling Commercial AC Sales


With the expansion of the construction industry, the demand for commercial air conditioners (ACs) is growing rapidly across the globe. As per various reports, the valuation of the global construction industry is predicted to rise from $10.5 trillion in 2017 to $12.8 trillion by 2022. The governments of several countries are launching massive infrastructural development projects such as the building of office complexes, airports, and rail systems, which is massively pushing up the demand for commercial ACs.

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For example, India aims to build 100 airports over the next 15 years, while, China plans to complete the construction of 216 airports by 2035. Similarly, the building of skyscrapers (115 in London, U.K. and 42 in Chicago, Illinois, U.S.) is also positively impacting the sales of commercial ACs as they are heavily required in these buildings. Apart from this, the surging disposable income of people, especially in the developing countries, is also fueling the sales of commercial ACs.

Due to the aforementioned factors, the demand for commercial ACs is soaring, which is, in turn, driving the progress of the global commercial AC industry. According to the forecast of P&S Intelligence, a market research company based in India, the capacity of the market will grow from 17.6 million units in 2019 to 25.4 million units by 2030. Furthermore, the market is predicted to progress at a CAGR of 3.5% between 2020 and 2030.

This market research report provides a comprehensive overview of the market
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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