Bahrain Air Conditioner

Bahrain Air Conditioner Market Research Report: Forecast (2023-2028)

By Type (Window AC, Split AC, Cassette AC, Packaged AC, Ducted Split AC, Centralized AC, Others (Floor Standing/Portable AC, etc.)), By End User (Residential, Commercial Buildings, Retail, Health Care Read more

  • Environment
  • Feb 2023
  • 103
  • ET33022

Market Definition

Air conditioners are central heating & cooling system that control the temperature & humidity of an area. They are widely used for removing the warm air from a defined area through a refrigeration cycle and diverse applications, ranging from residential buildings, malls, & office spaces to theatres, and many more.

Market Overview

The Bahrain Air Conditioner Market is projected to grow at a CAGR of around 3% during the forecast period, i.e., 2023-28. Most of the market is likely to be driven by arid climatic conditions in the country, improving economy of the country, and increasing purchase power of people. Besides, since these systems are rapidly becoming an integral part of the country's infrastructure for cooling, the government's move on the construction of new structures across residential, commercial, and corporate sectors, is also propelling the demand for air conditioners and positively influencing the market growth.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 3%
Region Covered North, Central, South
Key Companies Profiled Yatim Air Conditioning Co., Samsung Electronics Co., Ltd., LG Electronics, Inc.,, Classpro, Daikin Industries, Ltd., Panasonic Corporation,, Mitsubishi Electric Corporation, Johnson Controls, Inc. (York), Super General, Hisense Middle East, Whirlpool, Nikai Group, SKM, Awal Gulf Manufacturing, Zamil Air Conditioner Holding Company Ltd, Others
Unit Denominations USD Million/Billion

 

The same aspect is also generating lucrative opportunities for the leading players to increase their production & distribution capacities. Moreover, with the growing number of construction & development projects in the country, in line with the sustainability vision to bring smart cities under economic diversification plans, the demand for air conditioners is set to elevate rapidly.

In addition, the increasing influx of tourists, pilgrims, & migrants in the country is also instigating the government to fund construction projects, due to which the expanding hotels, resorts, airports, shopping malls, stadiums, auditoriums, malls, metros & railway stations, etc., which is also positively influencing the market dynamics and generating lucrative opportunities for the leading players and driving the market through 2028.

Market Dynamics:

Growth Opportunity: The Emergence of Air Conditioners integrated with the Internet of Things (IoT)

With constantly advancing technologies, the advent of IoT in air conditioners is swiftly gaining momentum, due to which, numerous manufacturers are utilizing these opportunities & introducing automation to facilitate a comfortable environment for diverse end-user industries. Besides, with these solutions, new features like temperature detection, energy efficiency, air purification, real-time monitoring, remote diagnosis, preventive maintenance, & remote appliance control, among others, are also stimulating the market for air conditioners across Bahrain and positively influencing the market growth.

Key Trend: Increased popularity for Energy-Efficient & Smart Air Conditioners

With peaking environmental concerns associated with the carbon emissions generated by air conditioners, the demand for energy-efficient & smart air conditioners is growing rapidly across Bahrain. In addition, awareness among people about air conditioners & air quality is also contributing to energy-efficient & smart air conditioners and stimulating the overall market growth. It is also encouraging manufacturers to increase their production of energy-efficient air conditioners with advanced technologies and cater to the alarming concerns.

Market Segmentation

Based on Type:

  • Window AC
  • Split AC
  • Cassette AC
  • Packaged AC
  • Ducted Split AC
  • Centralized AC
  • Others (Floor Standing/Portable AC, etc.)

Of them all, Split Air Conditioners are anticipated to dominate the market with the largest share during the forecast period. This dominance attributes to the increased popularity across end-user industries like residential complexes, offices, & diverse commercial spaces like hotels, resorts, and others, to offer better living conditions to the people. It is also instigating the manufacturers to increase their production & distribution capacities to cater to the burgeoning demands throughout the region.

Besides, growing awareness among people about the perks of split air conditioners like efficient energy consumption, easy installation & operation, cost-effectiveness, ease of maintenance, and features like air purification, among others, is also boosting the installation of split air conditioners and driving the overall market growth.

Based on the End User:

  • Residential
  • Commercial
  • Retail
  • Healthcare
  • Hospitality
  • Government & Transportation
  • Oil & Gas
  • Others (Religious Institutions, etc.,)

Here, the residential & commercial sectors are anticipated to acquire the largest market share and generate lucrative opportunities for the leading players during the forecast period. This growth attributes to the massive tourist, migrants, and population influx in the country, propelling the need for proper residential & commercial complexes. As a result, the government is also funding these areas and widening the opportunities for players to cater to air conditioner needs across the end-user sectors. Besides, initiatives by the government to upsurge the infrastructure development, alongside Economic Vision 2030, the target to increase the disposable income of the citizens, are also acting as major factors in strongly contributing to the growth of the Air Conditioner market in the country.

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Frequently Asked Questions

A. The Bahrain Air Conditioner Market is projected to register around 3% CAGR during 2023-28.

A. The improving disposable income of people and hot & humid climatic conditions of Bahrain are the primary aspects projected to drive the Air Conditioner Market during 2023-28.

A. Yatim Air Conditioning Co., Samsung Electronics Co., Ltd., LG Electronics, Inc., Daikin Industries, Ltd., Panasonic Corporation, Mitsubishi Electric Corporation, Whirlpool, Classpro, Johnson Controls, Inc. (York), Super General, Hisense Middle East, Nikai Group, SKM, Awal Gulf Manufacturing, and Zamil Air Conditioner Holding Company Ltd. are the key companies participating in the Bahrain Air Conditioner Market.

A. The residential & commercial sectors would provide profitable opportunities to the leading players in the Bahrain Air Conditioner Market during 2023-28.

  1. Market Segmentation
  2. Introduction
    1. Research Process
    2. Product Definition
    3. Assumption
  3. Executive Summary
  4. Bahrain Air Conditioner Market Trends & Developments
  5. Bahrain Air Conditioner Market Dynamics
    1. Impact Analysis
    2. Drivers
    3. Challenges
  6. Bahrain Air Conditioner Market Regulations, Norms, & Product Standards
  7. Bahrain Air Conditioners Imports, Exports Statistics
  8. Bahrain Air Conditioners Market Hotspots & Opportunities
  9. Bahrain Air Conditioners Value Chain & Stakeholder Margin Analysis
  10. Bahrain Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
        1. Window AC
        2. Split AC
        3. Cassette AC
        4. Packaged AC
        5. Ducted Split AC
        6. Centralized AC
        7. Others (Floor Standing/Portable AC, etc.)
      2. By End User
        1. Residential
        2. Commercial Buildings
        3. Retail
        4. Health Care
        5. Hospitality
        6. Government & Transportation
        7. Oil & Gas
        8. Others (Religious Institutions, etc.,)
      3. By Region
        1. North
        2. Central
        3. South
      4. By Company
        1. Market Shares
        2. Competition Characteristics
  11. Bahrain Window Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Capacity
        1. Up to 1 Ton
        2. 1.1 to 2 Tons
        3. Above 2 Tons
      2. By End User
      3. By Company
  12. Bahrain Split Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Capacity
        1. Up to 1 Ton
        2. 1.1 to 2 Tons
        3. Above 2 Tons
      2. By End User
      3. By Company
  13. Bahrain Cassette Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By End User
      2. By Company
  14. Bahrain Packaged Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By End User
      2. By Company
  15. Bahrain Ducted Split Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By End User
      2. By Company
  16. Bahrain Centralized Air Conditioner Market Analysis (2018- 2028F)
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
        1. Chillers
        2. VRF
        3. Others (AHU/FCU, etc.)
      2. By End User
      3. By Company
  17. Bahrain Air Conditioners Market Key Strategic Imperatives for Success & Growth
  18. Bahrain Air Conditioner Market Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target End Users
      3. Target Markets
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Portfolio, Recent Development, Key Executives, Contact Details)
      1. Yatim Air Conditioning Co.
      2. Samsung Electronics Co., Ltd.
      3. LG Electronics, Inc.,
      4. Classpro
      5. Daikin Industries, Ltd.
      6. Panasonic Corporation,
      7. Mitsubishi Electric Corporation
      8. Johnson Controls, Inc. (York)
      9. Super General
      10. Hisense Middle East
      11. Whirlpool
      12. Nikai Group
      13. SKM
      14. Awal Gulf Manufacturing
      15. Zamil Air Conditioner Holding Company Ltd
      16. Others
  19. Disclaimer
Bahrain Air Conditioner Market - Segmentation Slide