Technological Trends in Air Conditioners Market

An air conditioner is a system used to cool down a space by removing heat from it and moving it outside. The benefits of air conditioners are reduced humidity, asthma, and allergies, better air quality, improved concentration and mental well-being, enhanced security measures, fewer insects and parasites, and protection of furniture and personal belongings across residential spaces. Connected air conditioners and solar-assisted air conditioning have become a major trend in the global air conditioners market. With connected air conditioners, users can easily control the AC temperature from any location with a simple tap on a smartphone or tablet as the AC is connected to the internet. These air conditioners also automatically restore their settings after restarting, saving users time and effort. This function helps avoid system breakdowns caused by voltage fluctuations. In addition, smart air conditioners help reduce energy costs as they allow temperature customization and automatically reduce their output once the desired temperature is reached. Smart ACs also have a lower carbon footprint than conventional air conditioners, making them more environment-friendly. Moreover, market players are focused on launching ACs with better connectivity and features. For instance,

• In March 2021, Johnson Controls-Hitachi Air Conditioning India Ltd. (India) launched its new-age room air conditioners and the airCloud Home app for its Wi-Fi-enabled ACs with a smart geo-fencing feature, voice command, and other advanced technologies.
• In 2020, Panasonic Life Solutions India Pvt. Ltd. (India) launched India’s largest range of connected air conditioners.

Solar-assisted air conditioning has emerged as a solution that can address the rising energy requirements of heating and cooling systems worldwide. Solar-assisted AC systems minimize the consumption of fossil fuels and reduce energy expenses by harnessing renewable energy. Natural refrigerants such as lithium chloride, water, and zeolites are used in solar cooling systems, making them more environment friendly. Furthermore, key market players in developing economies are increasingly investing in developing solar-assisted air conditioners to expand their product offerings. For instance, in September 2022, Suzuma Innovations (Japan) launched India’s first solar thermal-assisted air conditioner, which runs directly on solar panels, making the product cost-effective and eco-friendly. The company has launched the air conditioner with 1-Ton, 1.5-Ton, and 2-Ton capacities. These air conditioners are equipped with filters that remove PM 2.5, dust, pollen, and pet dander.

Moreover, air conditioners can now be directly powered by photovoltaic cells. In addition, the recently developed solar-powered photovoltaic air conditioner heat pumps run using DC power and can use the inherent DC power generated by photovoltaic solar panels. Such benefits of solar-assisted air conditioners and connected air conditioners are expected to boost their demand in the global market in the coming years.

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