GCC Air Conditioner (AC) Market

Posted by 6Wresearch on January 28th, 2020

Market Forecast By Types (Room AC (Window And Split), Ducted AC (Ceiling Concealed And Rooftop Packaged), Ductless AC (Cassette, Floor Standing And Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit And Others Including Evaporator Coils And Compressors)), By Applications (Residential, Commercial Offices & Retail, Oil & Gas, Healthcare, Transport, Hospitality And Others Including Education And BFSI), By Countries (Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman And Bahrain) And Competitive Landscape
The GCC region is witnessing a construction spree at present, with infrastructure projects being developed to prepare for upcoming mega events, such as Dubai World Expo 2020 and Qatar FIFA World Cup 2022, along with the setting up of large-scale commercial establishments such as economic cities, medical cities, hotels, offices and data centers. As countries in the region are strengthening their non-oil sectors, the market for air conditioners in Saudi Arabia, UAE, Qatar, Bahrain, Kuwait and Oman is predicted to grow at a healthy rate over the coming years.

According to 6Wresearch, GCC Air Conditioner Market Size is projected to grow at a CAGR of 4.7% during 2019-25. Government initiatives, such as Qatar National Vision 2030, Saudi Vision 2030 and Dubai Vision 2021 are expected to drive GCC Air Conditioner market forecast revenue . By type, centralized air conditioner segment accounted for major GCC air conditioner market share in terms of revenues in 2018 owing to high number of installations of chillers and VRFs due to major infrastructural projects in commercial and hospitality sectors of the region.

Key Highlights of the Report:

• Market Size & Forecast of Kuwait Air Conditioner Market Revenues, until 2025F
• Key Strategic Recommendations
• GCC Air Conditioner Market Overview
• GCC Air Conditioner Market Outlook
• Historical Data of Oman Air Conditioner Market Revenues for the Period, 2015-2018
• GCC Air Conditioner Market Overview on Competitive Benchmarking
• Competitive Landscape
• GCC Air Conditioner Market Share, By Players
• Company Profiles
• Historical Data of Qatar Air Conditioner Market Revenues for the Period 2015-2018
• Market Size & Forecast of Qatar Air Conditioner Market Revenues, until 2025F

By Applications

• Residential
• Hospitality
• Commercial Offices & Retail
• Oil & Gas
• Healthcare