A recent study conducted by a refrigeration and air conditioning industry association estimated that 2017 world AC demand reached 102.31 million units, which is a 2.9% increase compared with the previous year.

Overall demand for Air Conditioners

China continued to be the largest market for air conditioners, where their demand reached 40.59 million units, a 3.5% increase. Chinese demand now occupies 39.7% of the total world demand. Asia, not including China, was the second largest market for air conditioners, where demand reached 16.41 million units, an 8.4% increase. North America came in third, where Air Conditioner Demand increased by 1.8% to 14.60 million units.

Room Air Conditioner (RAC) Demand

The 2016 world RAC demand is estimated to have reached 88.81 million units with a 2.9% increase compared with the previous year. The largest market was China, whose demand reached 38.41 million units with a 3.5% increase. The second largest market was Asia, excluding Japan and China, whose demand reached 14.93 million units with a 8.8% increase. Japan came in third, where demand reached 8.35 million units with a 3.1% increase. Air Conditioner demand also increased in Europe by 13.4% or 5.37 million units.

Decreases in demand were seen in North America and Latin America; North America reached 8.04 million units, which is slight decrease from the previous year, followed by Latin America where demand decreased by 12.2% to 5.78 million units.

Packaged Air Conditioner (PAC) Demand

In 2017, world PAC demand is estimated to have reached 13.50 million units which is a 3.0% increase compared with the previous year. The largest market was North America, whose demand reached 6.57 million units, a 5.2% increase. The second largest market was China, whose demand reached 2.18 million units, a 2.8% increase. The third largest market was Asia, excluding the countries of Japan and China, whose demand reached 1.49 million units, a 4.6% increase.

Decreases in demand were experienced in Japan, Europe and the Middle East. Japan reached 0.79 million units, a 0.1% decrease, followed by Europe with 0.70 million units, a decrease of 3.5%, and Middle East which saw a decrease of a 4.1%, with 0.66 million units.

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