GCC Air Conditioners Market was valued at US$ 2.73 Bn in 2019

1. GCC Air Conditioners Market was valued at US$ 2.73 Bn in 2017 and is expected to expand at a CAGR of 7.93% from 2018 to 2025 According to a new market report published by BlueWeave Consulting, the GCC Air Conditioners Market was valued at US$ 2.73 Bn in 2017 and is expected to expand at a CAGR of 7.93% from 2018 to 2025, reaching US$ 4.66 Bn by the end of the forecast period. According to the report, Saudi Arabia was the largest contributor in terms of revenue to the GCC air conditioners market in 2017. GCC Air Conditioners market is expected to grow with a CAGR over 7.93% during the forecast period 2018-2025, owing to changing climatic conditions, and changing consumer lifestyle. The climate and weather in GCC are hot and dry, hot weather prevails throughout the year with the occasional rainfall in winter. The hot days/nights based on temperature thresholds reveals that summers are expanding and winters are shrinking. The increasing trend of intense heat may cause health problems in the region. Changing climatic conditions and consumer lifestyleis driving the GCC Air Conditioners market Commercial and residential space-cooling demands are growing steadily all across the world. Air conditioners were once considered a luxury but are now seemingly becoming a necessity. Manufacturers of Air conditioners have played a huge part by making units more affordable and increasing their efficiency along with improved components and technology. The competitiveness of the industry has escalated with growing demand, and now there are numerous companies providing air conditioning units and systems. 1

2. The climate and weather in GCC is hot and dry, hot weather prevails throughout the year with the occasional rainfall in winter. The hot days/nights based on temperature thresholds reveals that summers are expanding and winters are shrinking. The increasing trend of intense heat may cause health problems in the region. The observed trend of temperature increase is alarming, thereby GCC region is likely to witness temperatures rise to 60 degrees in coming years if GCC climatic change and urban planning problems are not resolved. Hence, air conditioners usage and demand in residential buildings is growing enormously, protecting people indoors, increasing people efficiency and reducing child mortality rate. Get Sample PDF of this https://www.blueweaveconsulting.com/gcc-air-conditioners- market/#1536302097117-445b2636-73fe GCC Air Conditioners Market: Scope of the Report The GCC Air Conditioners market is segmented on the basis of type, and application. On the basis of type, the market is segmented into Centralised AC, Split AC, Window AC, Packaged AC, Portable AC, and Others. Centralized AC was the largest segment in the GCC Air Conditioners market in 2017, and is estimated to witness the highest growth during 2018- 2025. On the application basis, the market is segmented into Residential, and Commercial. Residential accounted for the largest segment in the GCC air conditioners market in 2017. On the basis of country, the market is segmented into five parts namely Saudi Arabia, UAE, Kuwait, Qatar, Oman, and Bahrain. Saudi Arabia was the largest country in the GCC air conditioners market in 2017 with a market share of 54.3% and it is estimated to grow over a CAGR of 7.54% during 2018-2025. GCC Air Conditioners Market: Competitive Dynamics Companies, such as Daikin McQuay Middle East FZE, LG Electronics Gulf FZE, Zamil Air Conditioners Holding Co. Ltd., Samsung Gulf Electronics FZE, and Johnson Controls are the key players in manufacturing air conditioners in GCC. In terms of product offerings, Zamil Air Conditioners Holding Co. Ltd. and Johnson Controls are the major players in the market, providing various products of air conditioning systems. Market Segmentation: GCC Air Conditioners Market By Type Market Research Report @       Centralised AC Split AC Window AC Packaged AC Portable AC Others By Application   Residential Commercial 2

3. In addition, the report provides analysis of the GCC Air Conditioners market with respect to the following geographic segments:       Saudi Arabia UAE Kuwait Qatar Oman Bahrain Detailed https://www.blueweaveconsulting.com/gcc-air-conditioners- market/#1536301857979-e3fc3c18-41a6 Analysis of Table of Contents @ About BlueWeave Consulting & Research Pvt. Ltd. BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long- lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining. Technology, Telecommunication, Medical Contact Us: info@blueweaveconsulting.com https://www.blueweaveconsulting.com Global Contact: +1 866 658 6826 3