Dublin, March 11, 2025 (GLOBE NEWSWIRE) — The “Thailand Air Conditioner Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The Thailand Air Conditioner Market was valued at USD 2.90 Billion in 2024, and is expected to reach USD 6.16 Billion by 2030, rising at a CAGR of 13.57%
The Thailand Air Conditioner market is experiencing steady growth, driven by rapid urbanization, rising disposable incomes, tourism industry, and the country’s hot and humid climate. For instance, in 2024, temperatures in northern Thailand soared above 44C (111F) in some areas, while Bangkok and its metropolitan regions recorded temperatures exceeding 40C (104F).
Consequently, demand for Air Conditioner has risen year-round across both residential and commercial sectors. Additionally, Increasing demand for energy-efficient and smart air conditioning systems is shaping market trends, supported by government initiatives promoting sustainability and eco-friendly cooling solutions.
Rising Urbanization and Infrastructure Development
Thailand’s rapid urbanization and continuous infrastructure expansion are key drivers of its Air Conditioner market. With more people migrating to urban centers, the demand for residential and commercial buildings has surged, leading to increased adoption of air conditioning systems. The government’s focus on smart cities and real estate projects, such as high-rise apartments, commercial complexes, and industrial hubs, has further boosted air conditioner sales. As urban dwellings become more compact and modern, split and inverter Air Conditioner are gaining popularity due to their energy efficiency and space-saving features. The commercial sector, including offices, shopping malls, hotels, and healthcare facilities, also contributes significantly to market growth, as air conditioning is essential for maintaining indoor air quality and comfort.
Expanding Demand in the Commercial and Hospitality Sectors
The commercial sector, including offices, shopping malls, hotels, and hospitals, is playing a crucial role in the expansion of Thailand’s Air Conditioner market. The country’s booming tourism and hospitality industry, driven by a steady influx of domestic and international visitors, has created strong demand for high-performance air conditioning solutions. Hotels and resorts require advanced cooling systems that ensure guest comfort while maintaining energy efficiency. For instance, The Tourism Authority of
Environmental Concerns and Regulatory Compliance
The environmental impact of Air Conditioner is another major challenge in Thailand’s market. Traditional air conditioning systems use refrigerants with high global warming potential (GWP), such as R-22, which contribute to greenhouse gas emissions and climate change. To address these concerns, the Thai government has implemented regulations promoting the use of low-GWP refrigerants, such as R-32 and R-290.
However, transitioning to environmentally friendly refrigerants requires significant investment in research, development, and infrastructure, which can be a burden for manufacturers and suppliers. Compliance with stringent energy efficiency regulations, such as the Energy Efficiency Labeling Program and Minimum Energy Performance Standards (MEPS), also presents operational challenges for businesses. Companies must continuously upgrade their product lines to meet evolving sustainability standards, which can increase production costs. Additionally, improper disposal and recycling of old Air Conditioner contribute to electronic waste concerns, further emphasizing the need for sustainable waste management solutions in the industry.
Rising Adoption of Smart and IoT-Enabled Air Conditioner
The increasing penetration of smart home technology in Thailand is driving the adoption of IoT-enabled Air Conditioner. Consumers are looking for advanced cooling solutions that offer convenience, automation, and remote control functionalities. Smart Air Conditioner allow users to control temperature settings, fan speed, and power usage through smartphone apps, voice assistants, and home automation systems.
Features such as AI-driven cooling, motion detection sensors, and self-cleaning mechanisms enhance the user experience by improving comfort and energy efficiency. Leading brands are investing in R&D to introduce smart Air Conditioner with integrated AI and machine learning capabilities that can adapt to user behavior and optimize cooling accordingly. As Thailand’s internet connectivity improves and smart home adoption increases, IoT-enabled Air Conditioner will continue to gain traction in both residential and commercial segments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 85 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $6.16 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | Thailand |
Report Scope:
Key Market Players
- Daikin Industries (Thailand) Co., Ltd.
- Carrier Air Conditioning (Thailand) Co., Ltd.
- Thai Samsung Electronics Co,. Ltd.
- Mitsubishi Electric Consumer Products (Thailand) Co., Ltd.
- LG Electronics (Thailand) Co., Ltd.
- Panasonic Solutions (Thailand) Co., Ltd.
- Arcelik Hitachi Home Appliances Sales (Thailand) Ltd.
- Haier Electrical Appliances (Thailand) Co., Ltd.
- Sharp Thai Co., Ltd.
- MD Consumer Appliances (Thailand) Co., Ltd
Thailand Air Conditioner Market, By Product Type:
- Splits
- VRF
- Windows
- HVAC Chiller
- Others
Thailand Air Conditioner Market, By End Use:
- Residential
- Commercial/Industrial
Thailand Air Conditioner Market, By Region:
- Central Region
- North East Region
- Northern Region
- Southern Region
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Voice of Customer Analysis
5. Thailand Air Conditioner Market Outlook
6. Thailand Split Air Conditioner Market Outlook
7. Thailand HVAC Chiller Air Conditioner Market Outlook
8. Thailand VRF Air Conditioner Market Outlook
9. Thailand Window Air Conditioner Market Outlook
10. Market Dynamics
11. Market Trends & Developments
12. SWOT Analysis
13. Thailand Economic Profile
14. Import-Export Analysis
15. Policy and Regulatory Landscape
16. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/e8qwa2
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- Thai Air Conditioner Market
