Global Solar Air Conditioning Market 2024-2030
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Global Solar Air Conditioning Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

SOLAR AIR CONDITIONING MARKET

 

INTRODUCTION

Solar air conditioning is the process of cooling a building or space using solar energy. It is a form of green energy, as it does not rely on conventional sources of energy, such as electricity or gas.

 

Solar air conditioning works by harnessing the sun’s energy to generate cooling. This is done by using solar thermal collectors to capture and store the sun’s heat, and then by using a refrigerant to move the heat from the solar thermal collectors to the building or space.

 

The process works by first collecting the sun’s energy in solar thermal collectors, which are usually installed on the roof of a building. The solar thermal collectors absorb the sunlight and convert it into heat energy. This heat energy is then transferred to a heat storage tank, where it is stored and then used to power the refrigerant.

 

The refrigerant is used to move the heat from the heat storage tank to the building or space to be cooled. As the refrigerant moves through the building or space, it absorbs heat and carries it away, cooling the area. The heat is then released outside the building or space, either into the atmosphere or to a cooling tower.

 

Solar air conditioning is a great alternative to conventional air conditioning. It is more efficient, as it does not rely on conventional sources of energy.

 

It is also more environmentally friendly, as it does not release any harmful emissions into the atmosphere. Additionally, it is a great way to reduce energy costs, as it does not require a large amount of electricity to operate.

 

SOLAR AIR CONDITIONING MARKET SIZE AND FORECAST

 

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The Global Solar Air Conditioning market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

RECENT DEVELOPMENT

 

The first solar air conditioner in India was introduced by Suzuma Innovations. Because it works entirely on solar energy, the product is both affordable and environmentally beneficial.

 

The hybrid technology that was used in the development of this specific solar air conditioner increases its benefits. This air conditioner's special capacity to function on electricity and solar power adds to its allure.

 

Customers in places with poor electricity connectivity benefit greatly from Suzuma's solar air conditioner. Batteries and an inverter are used by the solar air conditioner. Compared to comparable air conditioners on the market, these units use about 50% less electricity.

 

Three solar air conditioner models, each with a different capacity of one tonne, 1.5 tonnes, and two tonnes, have been introduced by Suzuma. In addition to acting as air purifiers, these air conditioners are fitted with filters that eliminate PM 2.5, dust, pollen, and pet dander, giving users a clean, healthy, and refreshing environment.

 

The long-lasting, silent performance of Suzuma's solar air conditioners is achieved by the use of Japanese MVC technology. For the identical thing, the business has also filed for a patent. On electric circuits, these air conditioners are covered by a five-year warranty; on compressors, the warranty is perpetual.

 

Haier is pleased to present the first solar hybrid air conditioner, marking a breakthrough in the field of cooling solutions. This ground-breaking invention has revolutionised the living space and raised the bar for the industry in the direction of sustainable and energy-efficient living. The introduction of the solar hybrid air conditioner demonstrates Haier's commitment to creating a better future for future generations. 

 

An innovative marvel, the Haier solar hybrid air conditioner runs only on solar power during the day, doing away with the need for any kind of intermediary equipment like inverters, batteries, UPSs, or converters. The AC sets a new standard for the industry by connecting directly to the outdoor unit and combining four 540W solar panels to operate on their own.

 

THISSOLAR AIR CONDITIONING MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Solar Air Conditioning are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Solar Air Conditioning and key vendor selection criteria
  3. Where is the Solar Air Conditioning manufactured? What is the average margin per unit?
  4. Market share of Global Solar Air Conditioning market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Solar Air Conditioning in-house
  6. key predictions for next 5 years in Global Solar Air Conditioning market
  7. Average B-2-B Solar Air Conditioning market price in all segments
  8. Latest trends in Solar Air Conditioning market, by every market segment
  9. The market size (both volume and value) of the Solar Air Conditioning market in 2024-2030 and every year in between?
  10. Production breakup of Solar Air Conditioning market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix