Tanzania Air Conditioner (AC) Market is projected to grow over the coming years. Tanzania Air Conditioner (AC) Market report is a part of our periodical regional publication Africa Air Conditioner (AC) Market outlook report. 6W tracks air conditioner market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.
The Tanzania air conditioner market report thoroughly covers market by types, sectors and countries. Tanzania air conditioner market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Tanzania Air Conditioner Market Synopsis
The Tanzania air conditioner market witnessed a moderate growth during the period 2017-2020 underpinned by rising urbanization in the country. The Tanzanian government has placed a strong emphasis on infrastructure and construction as a key engine of urban growth and financial stability, henceforth driving the growth of air conditioner market in the country. However, the covid-19 pandemic brought a decline in market revenues during the year 2020 as the movement restrictions imposed during the pandemic period disrupted the supply chain leading to fall in market demand and hence the market revenues.
According to the publisher, the Tanzania Air Conditioner Market size is projected to grow at a CAGR of 5.5% in terms of revenues during 2021-2027. The primary reason for growth in the Tanzania air conditioner industry can be attributed to the upcoming aviation, railways and hospitality sector projects in the country which includes the international airport in Msalato and Tanzania SGR project. Moreover, the rising economy and per capita income of Tanzania would play a crucial role in improving the living standards and in increasing the disposable income of the Tanzanians, hence boosting the sales of home appliances including air conditioners in the country.
Market by Types Analysis
On the basis of types, room air conditioner acquired majority of the revenue share of the air conditioner market in the country. This is on the account of higher penetration of room air conditioners in the residential, commercial and retail segment that majorly deploy split air conditioners.
Market by Application Analysis
On the basis of applications, the commercial offices and retail sector garnered the second major market revenue share during the year 2020 as and is expected to dominate the market over the coming years as well on account of the rapid expansion in commercial infrastructure development across the country.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2027.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
Key Highlights of the Report
- Tanzania Air Conditioner Market Overview
- Tanzania Air Conditioner Market Outlook
- Tanzania Air Conditioner Market Forecast
- Historical Data and Forecast of Tanzania Air Conditioner Market Revenues and Volume, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Room Air Conditioner Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Ducted Air Conditioner Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Ductless Air Conditioner Market Revenues and Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Centralized Air Conditioner Market Revenues, By Components, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Air Conditioner Market Revenues, By Applications, for the Period 2017-2027F
- Historical Data and Forecast of Tanzania Air Conditioner Market Revenues, By Regions, for the Period 2017-2027F
- Tanzania Air Conditioner Market Share, By Market Players
- Tanzania Air Conditioner Market Value Chain and Ecosystem
- Covid-19 Impact on Tanzania Air Conditioner Market
- Market Drivers and Restraints
- Tanzania Air Conditioner Market Trends
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- Room Air Conditioner
- Window
- Split
- Ducted
- Ceiling Concealed
- Rooftop Packaged
- Ductless
- Suspended
- Floor Standing
- Cassette
- Centralized
- AHU/FCU
- Chiller
- VRF
- Other (Evaporator Coils, Condensing Units, etc.)
By Applications
- Residential
- Healthcare
- Commercial Offices & Retail
- Transportation
- Hospitality
- Other (Education, BFSI, Manufacturing etc)
By Regions
- Coastal
- Lake
- Central
- South Highlands
- North
- Zanzibar
Table of Contents
1. Executive Summary
Companies Mentioned
- CFEE - Westpoint International
- GREE Electric Appliances Inc.
- Midea Group Co. Ltd.
- Daikin Industries Ltd.
- LG Electronics Inc.
- Carrier Corporation
- Samsung Electronics Co., Ltd.
- Hisense Electric
