From 17.6 million units in 2019, the total sales in the global commercial air conditioner (AC) market are expected to rise to 25.4 million units by 2030, at a CAGR of 3.5% during the forecast period (2020–2030). The key drivers for the growth of the market are the increasing number of construction projects around the world and surging disposable income of people.

From 17.6 million units in 2019, the total sales in the global commercial air conditioner (AC) market are expected to rise to 25.4 million units by 2030, at a CAGR of 3.5% during the forecast period (2020–2030). The key drivers for the growth of the market are the increasing number of construction projects around the world and surging disposable income of people.