Impact of COVID-19 on the market of worldwide room air conditioners industry

07 May 2021 CW Team

The Room Air Conditioners market in the U.S. is estimated at 30 Million Units while China, the world`s second largest economy, is forecast to reach a projected market size of 42.8 Million Units by the year 2027 trailing a CAGR of 12% over the analysis period 2020 to 2027.

According to the "Room Air Conditioners - Global Market Trajectory & Analytics" report, Split, one of the segments analyzed in the report, is projected to record 8% CAGR and reach 166.2 Million Units by the end of the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select competitors in the Room Air Conditioner markets among the 42 featured companies are expected to be: Daikin Industries, Ltd., Daikin Industries, Ltd., Daikin Industries, Ltd., Panasonic Corporation and Samsung Electronics.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Window segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

Infrastructure Transport

06 May 2026

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The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

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