World Air Conditioner Market--1 OVERVIEW

After five years of rapid growth, the global market began to slow down significantly in 2018. According to JARN, the global air conditioner market in 2018 indicated a 0.6% year-on-year increase, with total demand of up to 130.14 million units. The Southeast Asian and Indian markets were impacted by weather conditions and market growth also fell short of expectations. However, Japan, the United States, Europe, and Africa have seen growth in air conditioner sales.