Global Commercial R290 Air Conditioner Market Growth 2025-2031

Product Code: 1756535
Industry: Machinery & Equipment
Published: Aug 28,2025
Pages: 95
Delivery Time: 2-3 business days
Global Commercial R290 Air Conditioner Market Growth 2025-2031

Product Code: 1756535
Industry: Machinery & Equipment
Published: Aug 28,2025
Pages: 95
Delivery Time: 2-3 business days
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Description
The global Commercial R290 Air Conditioner market size is predicted to grow from US$ 8338 million in 2025 to US$ 12048 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
In 2024, global commercial R290 air conditioner production reached approximately 2.68 million units, with an average global market price of around $3,000 per unit. Commercial R290 air conditioners are air conditioning systems that use the environmentally friendly refrigerant propane (R290) and are designed specifically for commercial buildings. R290 has zero ozone depletion potential (ODP) and very low global warming potential, and is more energy efficient than traditional refrigerants.
United States market for Commercial R290 Air Conditioner is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Commercial R290 Air Conditioner is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Commercial R290 Air Conditioner is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Commercial R290 Air Conditioner players cover Mitsubishi Electric, Panasonic, Daikin, CIAT, Godrej & Boyce, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Commercial R290 Air Conditioner Industry Forecast” looks at past sales and reviews total world Commercial R290 Air Conditioner sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial R290 Air Conditioner sales for 2025 through 2031. With Commercial R290 Air Conditioner sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial R290 Air Conditioner industry.
This Insight Report provides a comprehensive analysis of the global Commercial R290 Air Conditioner landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial R290 Air Conditioner portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial R290 Air Conditioner market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial R290 Air Conditioner and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial R290 Air Conditioner.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial R290 Air Conditioner market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fixed Frequency
Intelligent Variable Frequency
Segmentation by Application:
Commercial
Home
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mitsubishi Electric
Panasonic
Daikin
CIAT
Godrej & Boyce
Midea
Gree
Changhong
Haier
TCL
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial R290 Air Conditioner market?
What factors are driving Commercial R290 Air Conditioner market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial R290 Air Conditioner market opportunities vary by end market size?
How does Commercial R290 Air Conditioner break out by Type, by Application?
List Of Tables
List of Tables Table 1. Commercial R290 Air Conditioner Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions) Table 2. Commercial R290 Air Conditioner Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions) Table 3. Major Players of Fixed Frequency Table 4. Major Players of Intelligent Variable Frequency Table 5. Global Commercial R290 Air Conditioner Sales by Type (2020-2025) & (K Units) Table 6. Global Commercial R290 Air Conditioner Sales Market Share by Type (2020-2025) Table 7. Global Commercial R290 Air Conditioner Revenue by Type (2020-2025) & ($ million) Table 8. Global Commercial R290 Air Conditioner Revenue Market Share by Type (2020-2025) Table 9. Global Commercial R290 Air Conditioner Sale Price by Type (2020-2025) & (US$/Unit) Table 10. Global Commercial R290 Air Conditioner Sale by Application (2020-2025) & (K Units) Table 11. Global Commercial R290 Air Conditioner Sale Market Share by Application (2020-2025) Table 12. Global Commercial R290 Air Conditioner Revenue by Application (2020-2025) & ($ million) Table 13. Global Commercial R290 Air Conditioner Revenue Market Share by Application (2020-2025) Table 14. Global Commercial R290 Air Conditioner Sale Price by Application (2020-2025) & (US$/Unit) Table 15. Global Commercial R290 Air Conditioner Sales by Company (2020-2025) & (K Units) Table 16. Global Commercial R290 Air Conditioner Sales Market Share by Company (2020-2025) Table 17. Global Commercial R290 Air Conditioner Revenue by Company (2020-2025) & ($ millions) Table 18. Global Commercial R290 Air Conditioner Revenue Market Share by Company (2020-2025) Table 19. Global Commercial R290 Air Conditioner Sale Price by Company (2020-2025) & (US$/Unit) Table 20. Key Manufacturers Commercial R290 Air Conditioner Producing Area Distribution and Sales Area Table 21. Players Commercial R290 Air Conditioner Products Offered Table 22. Commercial R290 Air Conditioner Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) Table 23. New Products and Potential Entrants Table 24. Market M&A Activity & Strategy Table 25. Global Commercial R290 Air Conditioner Sales by Geographic Region (2020-2025) & (K Units) Table 26. Global Commercial R290 Air Conditioner Sales Market Share Geographic Region (2020-2025) Table 27. Global Commercial R290 Air Conditioner Revenue by Geographic Region (2020-2025) & ($ millions) Table 28. Global Commercial R290 Air Conditioner Revenue Market Share by Geographic Region (2020-2025) Table 29. Global Commercial R290 Air Conditioner Sales by Country/Region (2020-2025) & (K Units) Table 30. Global Commercial R290 Air Conditioner Sales Market Share by Country/Region (2020-2025) Table 31. Global Commercial R290 Air Conditioner Revenue by Country/Region (2020-2025) & ($ millions) Table 32. Global Commercial R290 Air Conditioner Revenue Market Share by Country/Region (2020-2025) Table 33. Americas Commercial R290 Air Conditioner Sales by Country (2020-2025) & (K Units) Table 34. Americas Commercial R290 Air Conditioner Sales Market Share by Country (2020-2025) Table 35. Americas Commercial R290 Air Conditioner Revenue by Country (2020-2025) & ($ millions) Table 36. Americas Commercial R290 Air Conditioner Sales by Type (2020-2025) & (K Units) Table 37. Americas Commercial R290 Air Conditioner Sales by Application (2020-2025) & (K Units) Table 38. APAC Commercial R290 Air Conditioner Sales by Region (2020-2025) & (K Units) Table 39. APAC Commercial R290 Air Conditioner Sales Market Share by Region (2020-2025) Table 40. APAC Commercial R290 Air Conditioner Revenue by Region (2020-2025) & ($ millions) Table 41. APAC Commercial R290 Air Conditioner Sales by Type (2020-2025) & (K Units) Table 42. APAC Commercial R290 Air Conditioner Sales by Application (2020-2025) & (K Units) Table 43. Europe Commercial R290 Air Conditioner Sales by Country (2020-2025) & (K Units) Table 44. Europe Commercial R290 Air Conditioner Revenue by Country (2020-2025) & ($ millions) Table 45. Europe Commercial R290 Air Conditioner Sales by Type (2020-2025) & (K Units) Table 46. Europe Commercial R290 Air Conditioner Sales by Application (2020-2025) & (K Units) Table 47. Middle East & Africa Commercial R290 Air Conditioner Sales by Country (2020-2025) & (K Units) Table 48. Middle East & Africa Commercial R290 Air Conditioner Revenue Market Share by Country (2020-2025) Table 49. Middle East & Africa Commercial R290 Air Conditioner Sales by Type (2020-2025) & (K Units) Table 50. Middle East & Africa Commercial R290 Air Conditioner Sales by Application (2020-2025) & (K Units) Table 51. Key Market Drivers & Growth Opportunities of Commercial R290 Air Conditioner Table 52. Key Market Challenges & Risks of Commercial R290 Air Conditioner Table 53. Key Industry Trends of Commercial R290 Air Conditioner Table 54. Commercial R290 Air Conditioner Raw Material Table 55. Key Suppliers of Raw Materials Table 56. Commercial R290 Air Conditioner Distributors List Table 57. Commercial R290 Air Conditioner Customer List Table 58. Global Commercial R290 Air Conditioner Sales Forecast by Region (2026-2031) & (K Units) Table 59. Global Commercial R290 Air Conditioner Revenue Forecast by Region (2026-2031) & ($ millions) Table 60. Americas Commercial R290 Air Conditioner Sales Forecast by Country (2026-2031) & (K Units) Table 61. Americas Commercial R290 Air Conditioner Annual Revenue Forecast by Country (2026-2031) & ($ millions) Table 62. APAC Commercial R290 Air Conditioner Sales Forecast by Region (2026-2031) & (K Units) Table 63. APAC Commercial R290 Air Conditioner Annual Revenue Forecast by Region (2026-2031) & ($ millions) Table 64. Europe Commercial R290 Air Conditioner Sales Forecast by Country (2026-2031) & (K Units) Table 65. Europe Commercial R290 Air Conditioner Revenue Forecast by Country (2026-2031) & ($ millions) Table 66. Middle East & Africa Commercial R290 Air Conditioner Sales Forecast by Country (2026-2031) & (K Units) Table 67. Middle East & Africa Commercial R290 Air Conditioner Revenue Forecast by Country (2026-2031) & ($ millions) Table 68. Global Commercial R290 Air Conditioner Sales Forecast by Type (2026-2031) & (K Units) Table 69. Global Commercial R290 Air Conditioner Revenue Forecast by Type (2026-2031) & ($ millions) Table 70. Global Commercial R290 Air Conditioner Sales Forecast by Application (2026-2031) & (K Units) Table 71. Global Commercial R290 Air Conditioner Revenue Forecast by Application (2026-2031) & ($ millions) Table 72. Mitsubishi Electric Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 73. Mitsubishi Electric Commercial R290 Air Conditioner Product Portfolios and Specifications Table 74. Mitsubishi Electric Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 75. Mitsubishi Electric Main Business Table 76. Mitsubishi Electric Latest Developments Table 77. Panasonic Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 78. Panasonic Commercial R290 Air Conditioner Product Portfolios and Specifications Table 79. Panasonic Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 80. Panasonic Main Business Table 81. Panasonic Latest Developments Table 82. Daikin Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 83. Daikin Commercial R290 Air Conditioner Product Portfolios and Specifications Table 84. Daikin Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 85. Daikin Main Business Table 86. Daikin Latest Developments Table 87. CIAT Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 88. CIAT Commercial R290 Air Conditioner Product Portfolios and Specifications Table 89. CIAT Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 90. CIAT Main Business Table 91. CIAT Latest Developments Table 92. Godrej & Boyce Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 93. Godrej & Boyce Commercial R290 Air Conditioner Product Portfolios and Specifications Table 94. Godrej & Boyce Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 95. Godrej & Boyce Main Business Table 96. Godrej & Boyce Latest Developments Table 97. Midea Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 98. Midea Commercial R290 Air Conditioner Product Portfolios and Specifications Table 99. Midea Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 100. Midea Main Business Table 101. Midea Latest Developments Table 102. Gree Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 103. Gree Commercial R290 Air Conditioner Product Portfolios and Specifications Table 104. Gree Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 105. Gree Main Business Table 106. Gree Latest Developments Table 107. Changhong Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 108. Changhong Commercial R290 Air Conditioner Product Portfolios and Specifications Table 109. Changhong Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 110. Changhong Main Business Table 111. Changhong Latest Developments Table 112. Haier Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 113. Haier Commercial R290 Air Conditioner Product Portfolios and Specifications Table 114. Haier Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 115. Haier Main Business Table 116. Haier Latest Developments Table 117. TCL Basic Information, Commercial R290 Air Conditioner Manufacturing Base, Sales Area and Its Competitors Table 118. TCL Commercial R290 Air Conditioner Product Portfolios and Specifications Table 119. TCL Commercial R290 Air Conditioner Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 120. TCL Main Business Table 121. TCL Latest Developments List of Figures Figure 1. Picture of Commercial R290 Air Conditioner Figure 2. Commercial R290 Air Conditioner Report Years Considered Figure 3. Research Objectives Figure 4. Research Methodology Figure 5. Research Process and Data Source Figure 6. Global Commercial R290 Air Conditioner Sales Growth Rate 2020-2031 (K Units) Figure 7. Global Commercial R290 Air Conditioner Revenue Growth Rate 2020-2031 ($ millions) Figure 8. Commercial R290 Air Conditioner Sales by Geographic Region (2020, 2024 & 2031) & ($ millions) Figure 9. Commercial R290 Air Conditioner Sales Market Share by Country/Region (2024) Figure 10. Commercial R290 Air Conditioner Sales Market Share by Country/Region (2020, 2024 & 2031) Figure 11. Product Picture of Fixed Frequency Figure 12. Product Picture of Intelligent Variable Frequency Figure 13. Global Commercial R290 Air Conditioner Sales Market Share by Type in 2025 Figure 14. Global Commercial R290 Air Conditioner Revenue Market Share by Type (2020-2025) Figure 15. Commercial R290 Air Conditioner Consumed in Commercial Figure 16. Global Commercial R290 Air Conditioner Market: Commercial (2020-2025) & (K Units) Figure 17. Commercial R290 Air Conditioner Consumed in Home Figure 18. Global Commercial R290 Air Conditioner Market: Home (2020-2025) & (K Units) Figure 19. Commercial R290 Air Conditioner Consumed in Automotive Figure 20. Global Commercial R290 Air Conditioner Market: Automotive (2020-2025) & (K Units) Figure 21. Commercial R290 Air Conditioner Consumed in Others Figure 22. Global Commercial R290 Air Conditioner Market: Others (2020-2025) & (K Units) Figure 23. Global Commercial R290 Air Conditioner Sale Market Share by Application (2024) Figure 24. Global Commercial R290 Air Conditioner Revenue Market Share by Application in 2025 Figure 25. Commercial R290 Air Conditioner Sales by Company in 2025 (K Units) Figure 26. Global Commercial R290 Air Conditioner Sales Market Share by Company in 2025 Figure 27. Commercial R290 Air Conditioner Revenue by Company in 2025 ($ millions) Figure 28. Global Commercial R290 Air Conditioner Revenue Market Share by Company in 2025 Figure 29. Global Commercial R290 Air Conditioner Sales Market Share by Geographic Region (2020-2025) Figure 30. Global Commercial R290 Air Conditioner Revenue Market Share by Geographic Region in 2025 Figure 31. Americas Commercial R290 Air Conditioner Sales 2020-2025 (K Units) Figure 32. Americas Commercial R290 Air Conditioner Revenue 2020-2025 ($ millions) Figure 33. APAC Commercial R290 Air Conditioner Sales 2020-2025 (K Units) Figure 34. APAC Commercial R290 Air Conditioner Revenue 2020-2025 ($ millions) Figure 35. Europe Commercial R290 Air Conditioner Sales 2020-2025 (K Units) Figure 36. Europe Commercial R290 Air Conditioner Revenue 2020-2025 ($ millions) Figure 37. Middle East & Africa Commercial R290 Air Conditioner Sales 2020-2025 (K Units) Figure 38. Middle East & Africa Commercial R290 Air Conditioner Revenue 2020-2025 ($ millions) Figure 39. Americas Commercial R290 Air Conditioner Sales Market Share by Country in 2025 Figure 40. Americas Commercial R290 Air Conditioner Revenue Market Share by Country (2020-2025) Figure 41. Americas Commercial R290 Air Conditioner Sales Market Share by Type (2020-2025) Figure 42. Americas Commercial R290 Air Conditioner Sales Market Share by Application (2020-2025) Figure 43. United States Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 44. Canada Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 45. Mexico Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 46. Brazil Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 47. APAC Commercial R290 Air Conditioner Sales Market Share by Region in 2025 Figure 48. APAC Commercial R290 Air Conditioner Revenue Market Share by Region (2020-2025) Figure 49. APAC Commercial R290 Air Conditioner Sales Market Share by Type (2020-2025) Figure 50. APAC Commercial R290 Air Conditioner Sales Market Share by Application (2020-2025) Figure 51. China Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 52. Japan Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 53. South Korea Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 54. Southeast Asia Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 55. India Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 56. Australia Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 57. China Taiwan Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 58. Europe Commercial R290 Air Conditioner Sales Market Share by Country in 2025 Figure 59. Europe Commercial R290 Air Conditioner Revenue Market Share by Country (2020-2025) Figure 60. Europe Commercial R290 Air Conditioner Sales Market Share by Type (2020-2025) Figure 61. Europe Commercial R290 Air Conditioner Sales Market Share by Application (2020-2025) Figure 62. Germany Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 63. France Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 64. UK Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 65. Italy Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 66. Russia Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 67. Middle East & Africa Commercial R290 Air Conditioner Sales Market Share by Country (2020-2025) Figure 68. Middle East & Africa Commercial R290 Air Conditioner Sales Market Share by Type (2020-2025) Figure 69. Middle East & Africa Commercial R290 Air Conditioner Sales Market Share by Application (2020-2025) Figure 70. Egypt Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 71. South Africa Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 72. Israel Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 73. Turkey Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 74. GCC Countries Commercial R290 Air Conditioner Revenue Growth 2020-2025 ($ millions) Figure 75. Manufacturing Cost Structure Analysis of Commercial R290 Air Conditioner in 2025 Figure 76. Manufacturing Process Analysis of Commercial R290 Air Conditioner Figure 77. Industry Chain Structure of Commercial R290 Air Conditioner Figure 78. Channels of Distribution Figure 79. Global Commercial R290 Air Conditioner Sales Market Forecast by Region (2026-2031) Figure 80. Global Commercial R290 Air Conditioner Revenue Market Share Forecast by Region (2026-2031) Figure 81. Global Commercial R290 Air Conditioner Sales Market Share Forecast by Type (2026-2031) Figure 82. Global Commercial R290 Air Conditioner Revenue Market Share Forecast by Type (2026-2031) Figure 83. Global Commercial R290 Air Conditioner Sales Market Share Forecast by Application (2026-2031) Figure 84. Global Commercial R290 Air Conditioner Revenue Market Share Forecast by Application (2026-2031)
Companies Mentioned
Mitsubishi Electric
Panasonic
Daikin
CIAT
Godrej & Boyce
Midea
Gree
Changhong
Haier
TCL
Methodology
LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
Data Sourse
Data Analysis
Writing And Finishing Report
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Description
Table Of Contents
List Of Tables
Companies Mentioned
Methodology
Provide comprehensive and accurate analysis and reports according to your exact requirements.
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