Market Insights Consumer Household Appliances Major Appliances

Air Conditioners - Brazil

Brazil

In 2024, the revenue in the Air Conditioners market in Brazil amounts to US$3.50bn.
It is projected to grow annually by 10.35% (CAGR 2024-2028).
When compared to other countries globally, in China generates the most revenue in the segment, with US$15,980m in 2024.
In relation to the total number of households, each household in Brazil is expected to generate revenues of US$47.89 in 2024.
By 2028, the volume in the Air Conditioners market is projected to reach 6.1m pieces.
Furthermore, a volume growth of 8.6% is anticipated in 2025.
The average volume per household in the Air Conditioners market is expected to be 0.06pieces in 2024.
As a journalist with deep knowledge about history, facts, and insights in the Air Conditioners market, I can provide you with the following country-specific statement about Brazil: Brazil's growing middle class and extreme weather conditions have led to a surge in demand for energy-efficient air conditioners.

Key regions: Japan, Canada, United States, Indonesia, Europe

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.