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UAE Air Conditioner Market Report and Forecast 2024-2032

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    Report

  • 124 Pages
  • January 2024
  • Region: United Arab Emirates
  • Expert Market Research
  • ID: 5934552
According to the report, the UAE air conditioner market grew significantly in 2023. Aided by the escalating demand for advanced cooling solutions and the extensive applications of air conditioning systems in various sectors, the market is expected to grow at a CAGR of 4.4% between 2024 and 2032.

Air conditioning systems are an integral part of residential and commercial spaces in the UAE due to the nation's extreme climate. These systems regulate the temperature and humidity levels, ensuring a comfortable environment for occupants. With advancements in technology, modern air conditioners now offer improved energy efficiency, better cooling capabilities, air filtration, and smart control features.

The intensifying demand for energy-efficient and innovative cooling solutions is a key driver of the UAE air conditioner market growth. The growing awareness about energy conservation and the need to reduce electricity bills has triggered a shift towards energy-efficient air conditioners with higher SEER (Seasonal Energy Efficiency Ratio) ratings. Additionally, the rising trend of smart homes has further propelled the popularity of air conditioners integrated with smart technologies, as they offer convenience and improved control over indoor climates.

The diverse applications of air conditioning systems across different sectors significantly contribute to the market expansion. In the residential sector, air conditioners are indispensable for coping with the UAE's sweltering heat. In the commercial sector, including offices, malls, and hotels, air conditioning systems ensure a comfortable and conducive environment for both employees and customers. Furthermore, in the industrial sector, air conditioners maintain an optimal environment for machinery operation and ensure the quality of heat-sensitive products.

The escalating construction activities in the UAE also play a vital role in propelling the UAE air conditioner market demand. With the booming real estate sector and increasing infrastructural developments in cities like Dubai and Abu Dhabi, the demand for air conditioning systems has witnessed a substantial increase.

Moreover, the growing demand for eco-friendly air conditioning solutions has led to an increased focus on developing and adopting green air conditioning systems. With rising environmental concerns and the UAE's commitment to sustainable development, eco-friendly air conditioners that use alternative refrigerants and have low Global Warming Potential (GWP) are gaining prominence, thereby enhancing the UAE air conditioner market growth.

Market Segmentation

The market can be divided based on type, end use, and region.

Market Breakup by Type

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

Market Breakup by End Use

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

Market Breakup by Region

  • Dubai
  • North Emirates
  • Abu Dhabi

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the UAE air conditioner market. Some of the major players explored in the report are as follows:
  • Carrier Global Corporation
  • LG Electronics Inc.
  • Trane Technologies Company, LLC
  • Mitsubishi Electric Corporation
  • Johnson Controls International Plc (York)
  • Super General Company LLC
  • GREE Electric Appliances, Inc.
  • DAIKIN INDUSTRIES, Ltd.
  • Samsung Electronics Co., Ltd.
  • S.K.M Air Conditioning LLC
  • Others

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 Opportunities and Challenges in the Market
8 GCC Air Conditioner Market Overview
8.1 Key Industry Highlights
8.2 GCC Air Conditioner Historical Market (2018-2023)
8.3 GCC Air Conditioner Market Forecast (2024-2032)
8.4 GCC Air Conditioner Market by Country
8.4.1 Saudi Arabia
8.4.2 Oman
8.4.3 Bahrain
8.4.4 Kuwait
8.4.5 Qatar
8.4.6 UAE
9 UAE Air Conditioner Market Overview
9.1 Key Industry Highlights
9.2 UAE Air Conditioner Historical Market (2018-2023)
9.3 UAE Air Conditioner Market Forecast (2024-2032)
10 UAE Air Conditioner Market by Type
10.1 Window AC
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Split AC
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Packaged AC
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Ducted Split AC
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Cassette AC
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Floor Standing AC
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Centralised AC
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
11 UAE Air Conditioner Market by End Use
11.1 Residential
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial and Retail
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Healthcare
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Hospitality
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Government and Transportation
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Industrial
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
12 UAE Air Conditioner Market by Region
12.1 Dubai
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 North Emirates
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Abu Dhabi
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code - 841510)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis16 Policy and Regulatory
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players’ Market Share
17.3 Company Profiles
17.3.1 Carrier Global Corporation
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 LG Electronics Inc.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 Trane Technologies Company, LLC
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 Mitsubishi Electric Corporation
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Certifications
17.3.5 Johnson Controls International Plc (York)
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Certifications
17.3.6 Super General Company LLC
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Demographic Reach and Achievements
17.3.6.4 Certifications
17.3.7 GREE Electric Appliances, Inc.
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Demographic Reach and Achievements
17.3.7.4 Certifications
17.3.8 DAIKIN INDUSTRIES, Ltd.
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.8.3 Demographic Reach and Achievements
17.3.8.4 Certifications
17.3.9 Samsung Electronics Co., Ltd.
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Demographic Reach and Achievements
17.3.9.4 Certifications
17.3.10 S.K.M Air Conditioning LLC
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Demographic Reach and Achievements
17.3.10.4 Certifications
17.3.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. GCC Air Conditioner Market: Key Industry Highlights, 2018 and 2032
2. UAE Air Conditioner Market: Key Industry Highlights, 2018 and 2032
3. UAE Air Conditioner Historical Market: Breakup by Type (USD Million), 2018-2023
4. UAE Air Conditioner Market Forecast: Breakup by Type (USD Million), 2024-2032
5. UAE Air Conditioner Historical Market: Breakup by End Use (USD Million), 2018-2023
6. UAE Air Conditioner Market Forecast: Breakup by End Use (USD Million), 2024-2032
7. UAE Air Conditioner Historical Market: Breakup by Region (USD Million), 2018-2023
8. UAE Air Conditioner Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Major Exporting Countries by Value10. Major Importing Countries by Value11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. UAE Air Conditioner Market Structure

Companies Mentioned

  • Carrier Global Corporation
  • LG Electronics Inc.
  • Trane Technologies Company LLC
  • Mitsubishi Electric Corporation
  • Johnson Controls International Plc (York)
  • Super General Company LLC
  • GREE Electric Appliances Inc.
  • DAIKIN INDUSTRIES Ltd
  • Samsung Electronics Co. Ltd.
  • S.K.M Air Conditioning LLC

Methodology

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