Press Release Description

Rapidly Expanding Commercial Sector in Qatar to Boost the Air Conditioner Market

The Qatar Air Conditioner Market is expecting around 5% CAGR during 2023-28, states MarkNtel Advisors in their recent research report. The growing government focuses on economic diversification, i.e., displaying massive investments in different sectors like commercial, residential, & industrial, is surging the demand for air conditioners for cooling & ventilation applications and driving the market.

Besides, since Qatar hosts multiple events and is observing a growing influx of tourists, pilgrims, & migrants, there are numerous ongoing & upcoming construction projects with respect to airports, hotels, resorts, shopping malls, metros & railways, among others. It, in turn, is demonstrating an accelerated demand for air conditioners across such facilities through 2028. 

Moreover, the government is also working on enhancing the country's education system, i.e., leading to the rising establishment of institutes, universities, & schools and a positive growth prospect for the market in the coming years, further states the research report, “Qatar Air Conditioner Market Analysis, 2023.”

Increasing Infrastructural Developments to Fuel the Market Growth across the Commercial Sector

The commercial sector is expecting the largest share in the Qatar Air Conditioner Market during 2023-28. It attributes primarily to favorable government policies & various ongoing infrastructural development projects for airports, metro & railway stations, centrally-cooled stadiums & auditoriums, etc., i.e., surging the demand for air conditioners. 

Besides, the escalating establishments of several multinational companies & start-ups are also contributing to the mounting demand for air conditioners across corporate offices in Qatar. Hence, based on these aspects, the market is expected to witness lucrative growth opportunities across the commercial sector in the coming years, reveals MarkNtel Advisors in their research report, "Qatar Air Conditioner Market Analysis, 2023."

Competitive Landscape

The leading players in the Qatar Air Conditioner Market are LG Electronics, Fujitsu General, Carrier, Daikin Industries, York, Samsung, Gree, Mitsubishi, Midea, and Toshiba.

Key Questions Answered in the Research Report

  1. What are the current & future trends in the Qatar Air Conditioner Market?
  2. How has the industry been evolving in terms of geography & product adoption?
  3. How has the competition been shaping across Qatar, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Qatar Air Conditioner Market?
  5. What are the customer orientation, purchase behavior, & expectations from air conditioner manufacturers across Qatar?

Market Segmentation:

  1. By Type (Window AC, Split AC, Floor Standing AC, Cassette AC, Packaged AC, Ducted Split AC, Centralized AC)
  2. By End-User (Residential, Commercial Buildings, Retail, Health Care, Hospitality, Government & Transportation, Oil & Gas)
  3. By Sales Channel (Direct Sales, Online, Authorized Distributors)
  4. By Region (Al Khor, Ad Dawhah, Al Wakrah, Al Rayyan)