미국의 공조설비 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the United States air conditioning equipment market size is USD 37.62 billion in 2026 and is projected to reach USD 47.71 billion by 2031, reflecting a 4.86% CAGR over the forecast period.

This report is Segmented by Product Type (Split and Multi-Split Systems, Variable Refrigerant Flow Systems, and More), Technology (Inverter Systems, and Non-Inverter Systems), End-User (Residential, Commercial, and Industrial), Capacity (Up To 10 Tons, 11-18 Tons, and More), Distribution Channel (Direct Sales, and More). The Market Forecasts are Provided in Terms of Value (USD).

United States Air Conditioning Equipment Market Trends and Insights

Replacement of Existing Systems with Energy-Efficient Units

A base of more than 90 million units in 2025 translated into 35%-40% of systems operating past the 15-year design life, pushing emergency replacements toward compliant inverter equipment. Utilities in Texas and Florida reinforced this shift by paying USD 300-USD 500 for scrapping pre-2010 units, which lifted replacement volumes during peak cooling seasons. A 16 SEER2 inverter model cuts annual cooling bills by USD 200-USD 350 in hot-humid cities, yielding a five-to-seven-year payback even without tax credits. Manufacturers responded decisively, with Lennox and Rheem ending fixed-speed compressor production by mid-2024. The resulting inventory mix now steers contractors and homeowners toward higher-efficiency solutions as the default.

Government Tax Credits and Efficiency Standards Adoption

Homeowners may claim 30% of equipment and installation costs, up to USD 2,000 for heat pumps and USD 600 for central air conditioners, that meet Energy Star "Most Efficient" criteria through 2032. Separately, the USD 8.8 billion Home Energy Efficiency Rebates Act offers point-of-sale incentives reaching USD 8,000 for qualifying heat pump projects, compressing the inverter premium from USD 3,500 to USD 1,200 in 2025. Commercial rules tightened as well, with the DOE mandating energy recovery ventilators on large packaged units, lifting upfront equipment prices by 8-12% but trimming lifetime operating costs 15-20%. States such as California and Washington, which prohibit fossil-fuel HVAC in most new construction after 2025, amplify these federal levers and effectively steer the specification base toward electric heat pumps and VRF systems.

High Upfront Cost of Inverter and Heat Pump Technologies

Installed costs for a 3-ton inverter heat pump range from USD 8,000 to USD 12,000, versus USD 5,500-USD 7,500 for a central air conditioner paired with a gas furnace, leaving a residual premium even after federal credits. Low-income households, which represent 35% of owner-occupied homes, often lack access to financing, and PACE programs remain unavailable in 22 states. Rollout delays in the Home Energy Efficiency Rebates Act meant only USD 1.2 billion of the USD 8.8 billion allocation had reached consumers by December 2025. Tariffs imposed in 2024 added 15%-25% to landed inverter controller costs, diluting manufacturer efforts to compress price premiums. Consequently, adoption lags in rural Southeast and Midwest communities, slowing near-term market penetration.

Other drivers and restraints analyzed in the detailed report include:

1. Rapid Penetration of Heat Pumps Driven by Electrification Goals
2. Rising Demand for Smart and Connected AC Systems
3. Supply Chain Bottlenecks in Semiconductor and Compressor Components

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Variable refrigerant flow systems are projected to grow at a 5.73% CAGR, surpassing the broader United States air conditioning equipment market rate as building owners replace constant-volume rooftops with modular VRF architectures. In 2025, split and multi-split units held 42.53% revenue share thanks to deep penetration in single-family homes, yet multifamily developers and school districts increasingly specify VRF to cut energy use 30%-40% and free rooftop real estate.

A thriving retrofit pipeline in Class B office buildings and mixed-use properties accelerates VRF adoption. Trane Technologies partnered with Mitsubishi Heavy Industries in 2024 to localize VRF production and leverage Trane's distribution footprint, unlocking access to a USD 4 billion commercial retrofit opportunity. Split systems remain the preferred choice in small homes, especially where ductless mini-split formats avoid costly ductwork. Packaged units keep a solid niche in light commercial spaces, though new DOE ventilation mandates raise their upfront cost and coax specifiers toward VRF for higher energy productivity.

Inverter platforms controlled 68.86% of 2025 revenue and will expand at a 5.53% CAGR through 2031, powered by DOE minimum efficiency rules that effectively ban fixed-speed compressors in many applications. Limited pockets of resistance persist where builders push first-cost targets, yet utilities increasingly deny rebates to non-inverter products, reinforcing market migration.

Inverters vary compressor speed from 20%-100% of capacity, eliminating short-cycling and yielding 25%-35% residential and 30%-45% commercial energy savings. Electronic content rises 40%-50%, pressuring margins, yet scale economies and domestic sourcing gradually offset cost burdens. Twelve states had adopted code language by 2025 that requires inverter technology in all new residential HVAC systems, embedding the approach in future construction.

Complete Report Scope:

• By Product Type
  • Split and Multi-Split Systems
  • Variable Refrigerant Flow (VRF) Systems
  • Packaged and Rooftop Units
  • Chillers
• By Technology
  • Inverter Systems
  • Non-Inverter Systems
• By End-User
  • Residential
  • Commercial
  • Industrial
• By Capacity (Tons of Refrigeration)
  • Up to 10 Tons
  • 11 - 18 Tons
  • 19 - 26 Tons
  • Above 26 Tons
• By Distribution Channel
  • Direct Sales
  • Dealer / Retail Stores
  • Online

List of Companies Covered in this Report:

1. Daikin Industries, Ltd.
2. Carrier Global Corporation
3. Trane Technologies plc
4. Johnson Controls International plc
5. Lennox International Inc.
6. Rheem Manufacturing Company
7. Gree Electric Appliances Inc.
8. Midea Group Co. Ltd.
9. Haier Smart Home Co. Ltd.
10. LG Electronics Inc.
11. Panasonic Corporation
12. Mitsubishi Electric Corporation
13. Toshiba Carrier Corporation
14. Emerson Electric Company
15. Nortek Global HVAC LLC
16. Hitachi-Johnson Controls Air Conditioning Inc.
17. Whirlpool Corporation
18. Samsung Electronics Co. Ltd.
19. Fujitsu General Limited
20. Bosch Thermotechnology Corp.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Replacement of Existing Systems with Energy-Efficient Units
  • 4.2.2 Government Tax Credits and Efficiency Standards Adoption
  • 4.2.3 Rapid Penetration of Heat Pumps Driven by Electrification Goals
  • 4.2.4 Rising Demand for Smart and Connected AC Systems
  • 4.2.5 Electrification of Commercial Rooftops via Utility Thermal Energy Networks
  • 4.2.6 Growth of Low-GWP Refrigerant Manufacturing Capacity in Gulf Coast
• 4.3 Market Restraints
  • 4.3.1 High Upfront Cost of Inverter and Heat Pump Technologies
  • 4.3.2 Supply Chain Bottlenecks in Semiconductor and Compressor Components
  • 4.3.3 Skilled Labor Shortages for Installation and Service
  • 4.3.4 Emerging PFAS Regulations Targeting HFO Refrigerants
• 4.4 Industry Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Impact of Macroeconomic Factors on the Market
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Bargaining Power of Suppliers
  • 4.8.2 Bargaining Power of Buyers
  • 4.8.3 Threat of New Entrants
  • 4.8.4 Threat of Substitute Products
  • 4.8.5 Intensity of Competitive Rivalry
• 4.9 Investment Analysis

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Product Type
  • 5.1.1 Split and Multi-Split Systems
  • 5.1.2 Variable Refrigerant Flow (VRF) Systems
  • 5.1.3 Packaged and Rooftop Units
  • 5.1.4 Chillers
• 5.2 By Technology
  • 5.2.1 Inverter Systems
  • 5.2.2 Non-Inverter Systems
• 5.3 By End-User
  • 5.3.1 Residential
  • 5.3.2 Commercial
  • 5.3.3 Industrial
• 5.4 By Capacity (Tons of Refrigeration)
  • 5.4.1 Up to 10 Tons
  • 5.4.2 11 - 18 Tons
  • 5.4.3 19 - 26 Tons
  • 5.4.4 Above 26 Tons
• 5.5 By Distribution Channel
  • 5.5.1 Direct Sales
  • 5.5.2 Dealer / Retail Stores
  • 5.5.3 Online

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Daikin Industries, Ltd.
  • 6.4.2 Carrier Global Corporation
  • 6.4.3 Trane Technologies plc
  • 6.4.4 Johnson Controls International plc
  • 6.4.5 Lennox International Inc.
  • 6.4.6 Rheem Manufacturing Company
  • 6.4.7 Gree Electric Appliances Inc.
  • 6.4.8 Midea Group Co. Ltd.
  • 6.4.9 Haier Smart Home Co. Ltd.
  • 6.4.10 LG Electronics Inc.
  • 6.4.11 Panasonic Corporation
  • 6.4.12 Mitsubishi Electric Corporation
  • 6.4.13 Toshiba Carrier Corporation
  • 6.4.14 Emerson Electric Company
  • 6.4.15 Nortek Global HVAC LLC
  • 6.4.16 Hitachi-Johnson Controls Air Conditioning Inc.
  • 6.4.17 Whirlpool Corporation
  • 6.4.18 Samsung Electronics Co. Ltd.
  • 6.4.19 Fujitsu General Limited
  • 6.4.20 Bosch Thermotechnology Corp.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment