According to a new report published by KD Market Insights, titled, “Smart AC Controller Market Insights, Trends, Opportunity & Forecast, 2021–2026,” the global smart AC controller market size is anticipated to witness exponential growth during forecast period i.e. 2021-2026. The rising disposable incomes and evolving lifestyle of the consumers, the increasing sales of ACs across various geographical regions and the growing number of technological advancements by majority of key players in the market are the primary factors contributing towards the growth of the smart AC controller market.

The increasing penetration of smart home technologies across various geographies across the globe, the increasing installation of multiple smart technologies by individuals in their homes for convenience, the growing awareness about the benefits of smart technologies coupled with the increasing willingness of consumers to spend money on connected devices are paving the way for the growth of the market.

Asia Pacific smart AC controller market accounted for a market share of 55.3% in 2020 and is further anticipated to maintain its dominance over the market over the forecast period. The growing interest from manufacturers to invest in connected appliances for value gains and the escalating support from internet retailers and the governments of the major economies in the region are expected to increase the adoption of smart AC controllers in the Asia-Pacific region.

According to connectivity, the IR smart AC controller segment shared approximately 83.9% of the global market in 2020 and is further expected to maintain healthy growth during 2021-2026. According to usage, the split AC controller segment shared approximately 73.9% of the global market in 2020. According to distribution channel, the online store sales channel contributed 70.9% of share in 2020. The increasing shift from traditional channels to online channels for shopping of home appliances, especially in the emerging countries is expected to bolster the growth of the online store sales channel during the forecast period.

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The global smart AC controller market is segmented into connectivity, usage, distribution channel, price range and region. Based on connectivity, the market is bifurcated into Bluetooth + IR smart AC controller, IR smart AC controller and other smart AC controller. Based on usage, it is classified into split ACs, mobile ACs, window ACs, central ACs and portable ACs. Based on distribution channel, it is classified into online store and offline store. Based on price range, it is classified into high, medium and low.

The global smart AC controller market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Smart AC Controller Market

  • On the basis of connectivity, the IR smart AC controller segment shared approximately 83.9% of the global market in 2020 and is further expected to maintain healthy growth during 2021-2026.
  • On the basis of usage, the split AC controller segment shared approximately 73.9% of the global market in 2020.
  • On the basis of distribution channel, the online store sales channel contributed 70.8% of share in 2020 and is further expected to dominate the market during the forecast years.
  • On the basis of region, Asia Pacific smart AC controller market accounted for a market share of 55.3% in 2020 and is further anticipated to maintain its dominance over the market over the forecast period.

Some of the major smart AC controller companies profiled in the report include Tado, Airpatrol, Wigle Inc., Ambi Labs, Thinkeco Inc., Nature Inc.,  Sensibo,  Melissa Climate, Carrier Corp. and Intesis Software S.L.U.

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