The global Air Conditioner market is witnessing robust growth, driven by rising urbanization, increasing disposable incomes, and growing demand for energy-efficient cooling solutions. According to Market Intelo’s latest research, the market was valued at USD 146.8 billion in 2023 and is expected to reach USD 253.4 billion by 2032, expanding at a CAGR of 6.2% during the forecast period. Rapid climate change and rising temperatures worldwide are further fueling the need for advanced cooling technologies across residential, commercial, and industrial sectors.