India Air Conditioners Market will be US$ 11.69 Billion by 2032
India Air Conditioners Market was US$ 3.38 Billion in 2023 and will grow US$ 11.69 Billion by 2032, with a CAGR of 14.78% from 2024 to 2032. Residential air conditioners are leading all segments of the air conditioning market because of the growing power of the home sector, the growth of SMEs, and the expansion of new housing developments. In addition, the influx of building projects in tier-2 and metro areas is anticipated to increase demand for air conditioners in the upcoming years.