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GCC Air Conditioner Market Report and Forecast 2022-2027

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    Report

  • 128 Pages
  • June 2022
  • Region: Middle East
  • Expert Market Research
  • ID: 5632282
According to this latest report, ‘GCC Air Conditioner Market Report and Forecast 2022-2027’, the GCC air conditioner market attained a value of USD 3851.6 million in 2021. Aided by the development of technologically advanced air conditioners, the market is projected to further grow at a CAGR of 3.9% between 2022 and 2027 to reach a value of USD 4998.7 million by 2027.



An air conditioner is a system that cools down a room/ enclosed space by removing heat and humidity present in it, which is then disposed of outside. They are used to enhance comfort and provide acceptable indoor air quality in enclosed spaces, including residences, offices, halls, and transport systems, by maintaining the desired temperature. A typical air conditioner uses a refrigerant and has three critical mechanical components, namely, a condenser coil, a compressor, and an evaporator coil. It operates like a standard refrigerator and works by drawing the warm air from the room into the system. The cold air is finally re-circulated into the room, which thus reduces the temperature and humidity. Further, air conditioners are available in a range of sizes, varying from small units for single rooms or vehicles to massive units required to cool large buildings.

The rising temperatures, rapid urbanisation, and improved living standards are leading to the increased adoption of air conditioners in daily lives, which is driving the market growth. Air conditioners play a critical role in improving indoor air quality, and they can filter pollen, dust, and other environmental allergens. Additionally, the incorporation of new low-GWP compounds due to escalating eco-consciousness is contributing to the market expansion. For instance, in 2021, Taqeef launched an inverter ducted split with an environment-friendly R32 refrigerant to meet the rising demand for sustainable products. Further, the automation of air conditioner production facilities to boost the manufacturing capacities is aiding the market growth. In 2022, LG Electronics (LG) collaborated with Al Hassan Ghazi Ibrahim Shaker Co., a Saudi Arabian importer, manufacturer, and distributor of air conditioners, to advance its Riyadh facility by deploying industrial robots and AI technology to automate production and enhance operational efficiency. Over the forecast period, the initiatives taken by the key market players to develop technologically advanced air conditioners with enhanced design and performance, such as IoT apps that allow the user to control the air conditioner from anywhere, are likely to propel the market forward.

Market Segmentation


The market report analyses the market based on segmentations such as type, end use, and major region.

Market Breakup by Type

  • Window
  • Split
  • Packaged
  • Ducted Split
  • Cassette
  • Floor Standing
  • Centralised

Market Segmentation by End Use

  • Residential
  • Commercial and Retail
  • Healthcare
  • Hospitality
  • Government and Transportation
  • Industrial

Market Breakup by Region

  • Saudi Arabia
  • United Arab Emirates
  • Oman
  • Qatar
  • Kuwait
  • Bahrain

Competitive Landscape


The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments of the key players. Some of the major players in the market explored in the report are:
  • Arabian Air Conditioning Manufacturing Company (AMCO)
  • Clima Control Co.
  • Trosten Industries Company LLC.
  • S.K.M Air Conditioning LLC
  • Zamil Air Conditioners Holding Co. Ltd.
  • GAMI Air Conditioners Manufacturing Company L.L.C
  • Others
Frequently Asked Questions about the GCC Air Conditioner Market

What is the estimated value of the GCC Air Conditioner Market?

The GCC Air Conditioner Market was estimated to be valued at $4124.5 Million in 2022.

What is the growth rate of the GCC Air Conditioner Market?

The growth rate of the GCC Air Conditioner Market is 3.9%, with an estimated value of $4998.7 Million by 2027.

What is the forecasted size of the GCC Air Conditioner Market?

The GCC Air Conditioner Market is estimated to be worth $4998.7 Million by 2027.

Who are the key companies in the GCC Air Conditioner Market?

Key companies in the GCC Air Conditioner Market include Arabian Air Conditioning Manufacturing Company (AMCO), Trosten Industries Company LLC., S.K.M Air Conditioning LLC and GAMI Air Conditioners Manufacturing Company L.L.C.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Industry Opportunities and Challenges
8 GCC Air Conditioner (AC) Market Analysis
8.1 Key Industry Highlights
8.2 GCC Air Conditioner (AC) Historical Market (2017-2021)
8.3 GCC Air Conditioner (AC) Market Forecast (2022-2027)
8.4 GCC Air Conditioner (AC) Market by Type
8.4.1 Window
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Split
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Packaged
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Ducted Split
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Cassette
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Floor Standing
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2017-2021)
8.4.6.3 Forecast Trend (2022-2027)
8.4.7 Centralised
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2017-2021)
8.4.7.3 Forecast Trend (2022-2027)
8.5 GCC Air Conditioner (AC) Market by End Use
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Commercial and Retail
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Healthcare
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Hospitality
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Government and Transportation
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Industrial
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.6 GCC Air Conditioner (AC) Market by Country
8.6.1 Market Share
8.6.1.1 Saudi Arabia
8.6.1.2 United Arab Emirates
8.6.1.3 Oman
8.6.1.4 Qatar
8.6.1.5 Kuwait
8.6.1.6 Bahrain
9 Regional Analysis
9.1 Saudi Arabia
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Type
9.1.3.1 Window
9.1.3.2 Split
9.1.3.3 Packaged
9.1.3.4 Ducted Split
9.1.3.5 Cassette
9.1.3.6 Floor Standing
9.1.3.7 Centralised
9.1.4 Breakup by End Use
9.1.4.1 Residential
9.1.4.2 Commercial and Retail
9.1.4.3 Healthcare
9.1.4.4 Hospitality
9.1.4.5 Government and Transportation
9.1.4.6 Industrial
9.1.5 Breakup by Region
9.1.5.1 Central Region
9.1.5.2 Western Region
9.1.5.3 Eastern Region
9.1.5.4 Southern Region
9.1.5.5 Northern Region
9.2 United Arab Emirates
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Type
9.2.3.1 Window
9.2.3.2 Split
9.2.3.3 Packaged
9.2.3.4 Ducted Split
9.2.3.5 Cassette
9.2.3.6 Floor Standing
9.2.3.7 Centralised
9.2.4 Breakup by End Use
9.2.4.1 Residential
9.2.4.2 Commercial and Retail
9.2.4.3 Healthcare
9.2.4.4 Hospitality
9.2.4.5 Government and Transportation
9.2.4.6 Industrial
9.2.5 Breakup by Region
9.2.5.1 Dubai
9.2.5.2 North Emirates
9.2.5.3 Abu Dhabi
9.3 Oman
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Type
9.3.3.1 Window
9.3.3.2 Split
9.3.3.3 Packaged
9.3.3.4 Ducted Split
9.3.3.5 Cassette
9.3.3.6 Floor Standing
9.3.3.7 Centralised
9.3.4 Breakup by End Use
9.3.4.1 Residential
9.3.4.2 Commercial and Retail
9.3.4.3 Healthcare
9.3.4.4 Hospitality
9.3.4.5 Government and Transportation
9.3.4.6 Industrial
9.3.5 Breakup by Region
9.3.5.1 Central
9.3.5.2 North
9.3.5.3 South
9.4 Qatar
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Type
9.4.3.1 Window
9.4.3.2 Split
9.4.3.3 Packaged
9.4.3.4 Ducted Split
9.4.3.5 Cassette
9.4.3.6 Floor Standing
9.4.3.7 Centralised
9.4.4 Breakup by End Use
9.4.4.1 Residential
9.4.4.2 Commercial and Retail
9.4.4.3 Healthcare
9.4.4.4 Hospitality
9.4.4.5 Government and Transportation
9.4.4.6 Industrial
9.4.5 Breakup by Region
9.4.5.1 East
9.4.5.2 North
9.4.5.3 Central
9.5 Kuwait
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Type
9.5.3.1 Window
9.5.3.2 Split
9.5.3.3 Packaged
9.5.3.4 Ducted Split
9.5.3.5 Cassette
9.5.3.6 Floor Standing
9.5.3.7 Centralised
9.5.4 Breakup by End Use
9.5.4.1 Residential
9.5.4.2 Commercial and Retail
9.5.4.3 Healthcare
9.5.4.4 Hospitality
9.5.4.5 Government and Transportation
9.5.4.6 Industrial
9.5.5 Breakup by Region
9.5.5.1 Western
9.5.5.2 Rest of Kuwait
9.6 Bahrain
9.6.1 Historical Trend (2017-2021)
9.6.2 Forecast Trend (2022-2027)
9.6.3 Breakup by Type
9.6.3.1 Window
9.6.3.2 Split
9.6.3.3 Packaged
9.6.3.4 Ducted Split
9.6.3.5 Cassette
9.6.3.6 Floor Standing
9.6.3.7 Centralised
9.6.4 Breakup by End Use
9.6.4.1 Residential
9.6.4.2 Commercial and Retail
9.6.4.3 Healthcare
9.6.4.4 Hospitality
9.6.4.5 Government and Transportation
9.6.4.6 Industrial
9.6.5 Breakup by Region
9.6.5.1 South
9.6.5.2 Capital
9.6.5.3 Muharraq
9.6.5.4 North
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Trade Data Analysis (HS Code - 841510)
11.1 Major Exporting Countries
11.1.1 by Value
11.1.2 by Volume
11.2 Major Importing Countries
11.2.1 by Value
11.2.2 by Volume
12 Competitive Landscape
12.1 Market Structure
12.2 Vendor Selection Vs. Suppliers Power
12.3 Key Players’ Market Share
12.4 Company Profiles
12.4.1 Arabian Air Conditioning Manufacturing Company (AMCO)
12.4.1.1 Company Overview
12.4.1.2 Product Portfolio
12.4.1.3 Demographic Reach and Achievements
12.4.1.4 Certifications
12.4.2 Trosten Industries Company LLC.
12.4.2.1 Company Overview
12.4.2.2 Product Portfolio
12.4.2.3 Demographic Reach and Achievements
12.4.2.4 Certifications
12.4.3 S.K.M Air Conditioning LLC
12.4.3.1 Company Overview
12.4.3.2 Product Portfolio
12.4.3.3 Demographic Reach and Achievements
12.4.3.4 Certifications
12.4.4 Zamil Air Conditioners Holding Co. Ltd.
12.4.4.1 Company Overview
12.4.4.2 Product Portfolio
12.4.4.3 Demographic Reach and Achievements
12.4.4.4 Certifications
12.4.5 GAMI Air Conditioners Manufacturing Company L.L.C
12.4.5.1 Company Overview
12.4.5.2 Product Portfolio
12.4.5.3 Demographic Reach and Achievements
12.4.5.4 Certifications
12.4.6 Others
13 Industry Events and Developments

Companies Mentioned

  • Arabian Air Conditioning Manufacturing Company (AMCO)
  • Trosten Industries Company LLC.
  • S.K.M Air Conditioning LLC
  • Zamil Air Conditioners Holding Co. Ltd.
  • GAMI Air Conditioners Manufacturing Company L.L.C

Methodology

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