The political and economic stability of certain countries in the GCC region has attracted numerous new foreign investors. The increasing focus of the GCC countries to diversify their economies from oil dependent economy has strongly contributed to the growth of foreign investments. The rising number of greenfield investments in the country is anticipated to boost the construction industry, thereby further boosting the demand for air conditioners.
According to the MarkNtel Advisors’ research report titled “GCC Air Conditioner Market Analysis, 2020”, the Air Conditioner market is anticipated to register a CAGR of around 5% during 2020-25. The centralized and split air conditioners captured a substantial market share in the GCC Air Conditioner market in 2019. The highest market share is attributed to the establishment of corporate offices, hotels, residential units, retail malls, etc. Moreover, the shift from window air conditioners to split air conditioners in the residential sectors is one of the major factors for the growth of the split air conditioner market.
Moreover, the residential sector acquired the highest market share in the GCC Air Conditioner market in 2019 due to the increasing initiatives of the governments in the region to boost the development of residential units. Several housing projects have been introduced in the countries, which are expected to further increase the demand for air conditioners in the region.
As per MarkNtel Advisors’ study, the companies that have captured a significant market share in the GCC Air Conditioner market include Carrier Corporation, LG Electronics Inc., Johnson Controls Inc., Daikin Industries, Trane Inc., Gree, etc. These companies are increasingly introducing new products to gain a competitive edge in the industry. Moreover, the companies are expanding their presence in the GCC countries.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR GCC Air Conditioner Market during 2020-25?
A. The market size of GCC Air Conditioner Market during 2020-25 is forecast to be around 5%.
Q. Which country would grab the highest market share during 2020-25?
A. It is forecast that UAE will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in GCC Air Conditioner Market?
A. Carrier Corporation, LG Electronics Inc., Johnson Controls Inc., Daikin Industries, Trane Inc., Gree and few others are the leading players in the GCC Air Conditioner Market.
Q. Does the report scope cover country wise market statistics also?
A. Yes, the scope of the report encompass detailed country statistics such as market size, market segmentation, market overview based on various subcategories.
Q. Which AC Type segment would emerge as an opportunity area for players in GCC Air Conditioner Market?
A. The centralized and split air conditioners captured a substantial market share in the GCC air conditioner market in 2019. The shift from window air conditioners to split air conditioners into the residential sectors is one of the major factors for the growth of a split air conditioner market.
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Macroeconomic Outlook
5. GCC Air Conditioner Market Analysis (2015-2025)
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type
5.2.1.1. Window AC
5.2.1.2. Split AC
5.2.1.3. Floor Standing AC
5.2.1.4. Cassette AC
5.2.1.5. Packaged AC
5.2.1.6. Ducted Split AC
5.2.1.7. Centralized AC
5.2.2. By Country
5.2.2.1. Saudi Arabia
5.2.2.2. UAE
5.2.2.3. Qatar
5.2.2.4. Bahrain
5.2.2.5. Kuwait
5.2.2.6. Oman
5.2.3. By End User
5.2.3.1. Residential
5.2.3.2. Commercial Buildings
5.2.3.3. Retail
5.2.3.4. Health Care
5.2.3.5. Hospitality
5.2.3.6. Government & Transportation
5.2.3.7. Oil & Gas
5.2.3.8. Others
5.2.4. By Sales Channel
5.2.4.1. Direct Sales
5.2.4.2. Online
5.2.4.3. Authorized Distributors
5.2.5. By Company
5.2.5.1 Revenue Shares
5.2.5.2. Strategic Factorial Indexing
5.2.5.3. Competitor Placement in MarkNtel Quadrant
6. GCC Window Air Conditioner Market Attractiveness Indexing
6.1. By Type
6.2. By Country
6.3. By End User
6.4. By Capacity
6.5. By Sales Channel
7. GCC Window Air Conditioner Market Analysis (2015- 2025)
7.1. Market Size & Analysis
7.1.1. Market Revenues
7.2. Market Share & Analysis
7.2.1. By Capacity
7.2.1.1. 1 ton
7.2.1.2. 1.5 ton
7.2.1.3. 2 ton & above
7.2.2. By Country
7.2.3. By End User
7.2.4. By Company
7.2.5. By Sales Channel
7.3. Pricing Analysis
7.3.1. Price Trend
7.3.2. Competitor Wise Product Pricing
7.4. GCC Window Air Conditioner Market Attractiveness Indexing (2019-25)
7.4.1. By Country
7.4.2. By End User
7.4.3. By Capacity
7.4.4. By Sales Channel
8. GCC Split Air Conditioner Market Analysis (2015- 2025)
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Capacity
8.2.2. By Country
8.2.3. By Company
8.2.4. By Sales Channel
8.3. Pricing Analysis
8.3.1. Price Trend
8.3.2. Competitor Wise Product Pricing
8.4. GCC Split Air Conditioner Market Attractiveness Indexing (2019-25)
8.4.1. By Country
8.4.2. By End User
8.4.3. By Capacity
8.4.4. By Sales Channel
9. GCC Floor Mounted Air Conditioner Market Analysis (2015- 2025)
9.1. Market Size & Analysis
9.1.1. Market Revenues
9.2. Market Share & Analysis
9.2.1. By Capacity
9.2.2. By Country
9.2.3. By End User
9.2.4. By Company
9.2.5. By Sales Channel
9.3. Pricing Analysis
9.3.1. Price Trend
9.4. GCC Floor Mounted Air Conditioner Market Attractiveness Indexing (2019-25)
9.4.1. By Country
9.4.2. By End User
9.4.3. By Capacity
9.4.4. By Sales Channel
10. GCC Cassette Air Conditioner Market Analysis (2015- 2025)
10.1. Market Size & Analysis
10.1.1. Market Revenues
10.2. Market Share & Analysis
10.2.1. By Capacity
10.2.2. By Country
10.2.3. By End User
10.2.4. By Company
10.2.5. By Sales Channel
10.3. Pricing Analysis
10.3.1. Price Trend
10.4. GCC Cassette Air Conditioner Market Attractiveness Indexing (2019- 2025)
10.4.1. By Country
10.4.2. By End User
10.4.3. By Capacity
10.4.4. By Sales Channel
11. GCC Packaged Air Conditioner Market Analysis (2015- 2025)
11.1. Market Size & Analysis
11.1.1. Market Revenues
11.2. Market Share & Analysis
11.2.1. By Country
11.2.2. By End User
11.2.3. By Company
11.2.4. By Sales Channel
11.3. Pricing Analysis
11.3.1. Price Trend
11.4. GCC Packaged Air Conditioner Market Attractiveness Indexing (2019-25)
11.4.1. By Country
11.4.2. By End User
11.4.3. By Sales Channel
12. GCC Ducted Split Air Conditioner Market Analysis (2015- 2025)
12.1. Market Size & Analysis
12.1.1. Market Revenues
12.2. Market Share & Analysis
12.2.1. By Country
12.2.2. By End User
12.2.3. By Company
12.2.4. By Sales Channel
12.3. Pricing Analysis
12.3.1. Price Trend
12.4. GCC Packaged Air Conditioner Market Attractiveness Indexing (2019-25)
12.4.1. By Country
12.4.2. By End User
12.4.3. By Sales Channel
13. GCC Centralized Air Conditioner Market Analysis (2015- 2025)
13.1.Market Size & Analysis
13.1.1. Market Revenues
13.2.Market Share & Analysis
13.2.1. By Type
13.2.1.1. Chiller
13.2.1.2. Condensing Unit/VRF
13.2.1.3. AHU/FCU
13.2.2. By Country
13.2.3. By End User
13.2.4. By Company
13.2.5. By Sales Channel
13.3.GCC Centralized Air Conditioner Market Attractiveness Indexing (2019-25)
13.3.1. By Country
13.3.2. By End User
13.3.3. By Capacity
13.3.4. By Sales Channel
14. PESTLE Analysis
15. GCC Air Conditioner Market Regulations, Norms, & Product Standards
16. GCC Air Conditioner Market Trends & Developments
17. GCC Air Conditioner Market Dynamics
17.1.Impact Analysis
17.2.Drivers
17.3.Challenges
18. GCC Air Conditioners Imports, Exports Statistics
19. GCC Air Conditioners Market Winning Strategies, 2019
19.1.Investment Scenario
19.2.Hotspots
20. GCC Air Conditioners Value Chain & Stakeholder Margin Analysis
21. Competitive Benchmarking
21.1.Competition Matrix
21.1.1. Product Portfolio
21.1.2. Target Markets
21.1.3. Target End Users
21.1.4. Research & Development
21.1.5. Strategic Alliances
21.1.6. Strategic Initiatives
21.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
21.2.1. LG Electronics
21.2.2. S.K.M. Air Conditioning
21.2.3. Carrier Corporation
21.2.4. Gree
21.2.5. Samsung
21.2.6. Daikin Industries
21.2.7. Mitsubishi
21.2.8. Trane Inc.
21.2.9. Johnson Controls Inc.
21.2.10. Zamil Air Conditioners Holding Co. Ltd.
22. Disclaimer
