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GCC Air Conditioner Market Size, Share, Top Player, Industry Trends & Growth by 2028 | Samsung, Daikin Industries, Mitsubishi
This comprehensive GCC Air Conditioner Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
“According to recent market analysis report, the GCC Air Conditioner Market is expected to grow at a CAGR of 5% during the forecast period of 2023 to 2028.”
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Trend in the GCC Air Conditioner Market
Rising Affinity for Energy-Efficient & Smart Air Conditioners: As the awareness of excessive carbon emissions associated with rapid technological advancements continues to intensify, air conditioners, the prime contributors to these emissions, have undergone significant upgrades by manufacturers. The most recent trend is the advent of energy-efficient & smart air conditioners, i.e., extensively backed by numerous government initiatives toward promoting the utilization of sustainable solutions. For instance:
- In May 2023, Daikin Middle East and Africa FZEhosted a "Towards a Sustainable Future" event in the UAE to showcase the company's latest innovative solutions for energy efficiency and IAQ. With this event, Daikin aims to decarbonize the country's cooling while strengthening the UAE partners' confidence in sustainable solutions.
This shift primarily ascribes to the growing demand for air conditioners that facilitates cleaner air while ensuring better controls, monitoring, and temperature maintenance, among others., which is why the demand for energy-efficient air conditioners is gaining traction, particularly across the GCC countries.
Market Segment Highlights:
- By Type (Window AC [Upto 1 Ton, 1.1 to 2 Ton, Above 2 Ton], Split AC [Upto 1 Ton, 1.1 to1.5 Ton, 1.6 to 2 Ton], Floor Standing AC [Upto 2 Ton, Above 2 Ton], Cassette AC, Packaged AC, Ducted Split AC, Centralized AC [FCU/AHU, Chillers, VRF])
- By End User (Residential, Commercial)
- By Sales Channel (Direct Sales, Online, Authorized Distributors)
Split & Window ACs Continue to Dominate the GCC Air Conditioner Market
In the GCC Air Conditioner Market, split and window AC systems stand out as the top choices, especially for smaller residential spaces like apartments. These AC units are favored for their easy installation and minimal impact on existing structures. Their practicality and cost-effectiveness make them highly sought after for compact homes, reflecting a higher demand compared to cassette or centralized AC systems. Moreover, their ease of cleaning and straightforward repair and maintenance procedures further enhance their popularity in Gulf countries.
GCC Air Conditioner Market Countries Outlook:
- Saudi Arabia
- Oman
- Qatar
- Bahrain
- Kuwait
- UAE
Explore the Full Report with Charts, Table of Contents, and List of Figures - https://www.marknteladvisors.com/research-library/gcc-air-conditioner-market.html
Competition Analysis:
Some of the top GCC Air Conditioner companies operating in the market are LG Electronics, S.K.M. Air Conditioning, Carrier Corporation, Gree, Samsung, Daikin Industries, Mitsubishi, Trane Inc., Johnson Controls Inc., Zamil Air Conditioners Holding Co. Ltd., Others.
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