Air Conditioners - Canada

  • Canada
  • In 2024, the Air Conditioners market in Canada generated a revenue of €188.10m.
  • It is projected to experience an annual growth rate of 6.29% (CAGR 2024-2029).
  • When compared globally, in China stands as the top revenue generator with €14,820m in 2024.
  • In terms of per household revenues, each household in Canada generated €18.29 in 2024.
  • Looking ahead, the volume in the Air Conditioners market is expected to reach 197.3k pieces units by 2029.
  • The segment is also predicted to exhibit a volume growth of 3.9% in 2025.
  • Furthermore, the average volume per household in the Air Conditioners market is expected to be 0.02pieces units in 2024.
  • In Canada, the demand for energy-efficient air conditioners is on the rise as consumers prioritize environmental sustainability.

Key regions: Indonesia, India, Japan, China, Worldwide

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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