India Air Conditioner Market to Surpass USD 6,054.96 Million by 2027
The rising trend for moisture resistance and the increasing number of industries are some of the factors influencing the demand for air conditioner market throughout the forecast period, 2027F. According to TechSci Research report, “ India Air Conditioner Market - Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027F” , the India air conditioner market is expected to project impressive growth of USD6,054.96 million in the forecast period, 2023F-2027F, with an impressive CAGR of 6.08% on account of rapidly surging demand from the residential industry as well as the growing commercial sector in India. The air conditioner market is being supported by significant factors such as an increasing middle-class population, infrastructure development, inverter technology-based air conditioners, soaring temperatures, increasing construction investment, rising urbanization, and growing demand for residential and commercial spaces. Moreover, growing technological adva