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Market size of residential AC units in China from 2023 to 2024, with estimates for 2025 and 2026 (in billion yuan)

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Sources

Release date

January 2025

Region

China

Survey time period

2023 and 2024

Supplementary notes

One yuan equals 0.14 U.S. dollars and 0.12 euros (as of May 2025).

Market size refers to the retail sales value of residential AC units.

The source refers to 家用空调, AC units for home use. In the Chinese context, it refers mainly to ductless mini-split AC units.

Citation formats

Market size of residential AC units in China 2023-2026

Published by
Petroc Taylor,
Jun 3, 2025

In 2024, the market size of residential AC units amounted to almost *** billion yuan. According to the forecast, the market size was projected to reach *** billion yuan by 2026. Residential air conditioning is a cornerstone of the Chinese HVAC industry. The most popular type of residential air conditioning are ductless mini-splits.

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