Europe Air Conditioning Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Air Conditioning Equipment Industry Overview

The Europe Air Conditioning Equipment Market is competitive as it is home to prominent vendors with a major market share in different segments and access to well-established distribution networks. With the advent of smart solutions, it is expected to become another strategic competitive point in the market. The smart building technology incorporation across commercial and industrial sectors is expected to drive connected HVAC systems in Europe and increase the competitive rivalry among the vendors in the market.

• April 2022 - Johnson Controls-Hitachi Air Conditioning introduced the airHome smart household air conditioner series, equipped with several smart and intuitive capabilities that assist consumers in maintaining a comfortable indoor environment while enhancing IAQ and saving energy. Beginning in April in France, the first model in the airtime series is offered throughout Europe before being made available in Asia.
• June 2021- CIAT introduced CLIMACIAT, a new line of air handling units (AHUs). The CLIMACIAT line includes innovative, energy-efficient, and simple-to-install units for various commercial applications. It is offered in three models: Airtech, Airclean, and Air access.