Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape
Product Code: ETC090100 | Publication Date: Mar 2023 | Updated Date: May 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 48.73% over previous year. While Thailand registered a growth of 8.83% over previous year. While in 2017 China was the largest exporter followed by Thailand. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has Herfindahl index of 3907 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of 5991 which signifies high concentration in the market
Qatar Air Conditioner (AC) Market report thoroughly covers the market by types and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.
Qatar Air Conditioner (AC) Market is projected to grow over the coming years. Qatar Air Conditioner (AC) Market report is a part of our periodical regional publication Middle East Air Conditioner (AC) Market outlook report. 6W tracks the air conditioner market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Air Conditioner (AC) Market outlook report annually.
Qatar Air Conditioner Market is projected to witness growth in the forthcoming years. The major factors driving the market expansion include the growing demand for smart and energy-efficient air conditioners on the back of increasing awareness of energy efficiency and environmental sustainability. Also, the manufacturers are introducing innovative products such as inverter air conditioners that can be controlled according to the room temperature and reduce energy consumption. Moreover, the construction and real estate sector in Qatar is booming, which is driving the demand for air conditioning systems.
The partnership and collaborations with local distributors and retailers to cater to the growing demand for air conditioners in Qatar are also contributing to the market development. Furthermore, the introduction of solar-powered air conditioning systems to reduce the carbon footprint and promote sustainability is another latest development in the Qatar Air Conditioner Industry. In general, these systems use solar energy to power the air conditioning units. The government has launched several initiatives to promote energy efficiency and reduce carbon emissions to encourage the efficient use of water and electricity in households and businesses.
Qatar Air Conditioner (AC) Market is registering robust growth owing to rising temperatures, surging demand for cooling solutions, and government initiatives such as tax benefits and improved infrastructure. Additionally, household income levels have been steadily growing which has further stimulated the Qatar Air Conditioner (AC) Market Growth. On the other hand, technological advancements such as inverter ACs and smart ACs have witnessed growing adoption by consumers. However, high prices of these technologically advanced products and the lack of awareness about these products present significant challenges to vendors in the Qatar AC market.
According to 6Wresearch, the Qatar Air Conditioner (AC) Market size is projected to grow by 1.1% in 2017- 2020 and is expected to grow at a CAGR of 5.4% during 2021- 2027. Growing urbanization and rising temperatures are the key factors propelling the growth of the Qatar air conditioner market, leading to an upsurge in sales over the years. With evolving population, Qatar has seen an increase in households and businesses requiring cooling solutions, which has further bolstered demand for ACs. Moreover, the rising disposable income among consumers enables them to invest in air conditioning systems for better quality of life. In addition, the expanding tourism industry of Qatar drives the demand for air conditioning systems in hotels, cafes, resorts, and other establishments. However, the market is highly competitive, which can pose challenges for new entrants and smaller players. Nevertheless, the adoption of smart air conditioning systems with advanced features like remote control and integration with smart home automation is a growing trend in the industry.
The COVID-19 pandemic has had an adverse impact on the Qatar Air Conditioner (AC) Market. There has been a temporary slowdown in construction activities which has affected the demand for air conditioners in new projects. The pandemic led to a shift in demand for ACs with increased remote working policies. On the other hand, the demand for commercial AC units experienced a decline due to temporary closures. Moreover, the Qatar Air Conditioner (AC) Industry faced disruptions in the global supply chain which led to delays in the availability of finished products. The government implemented favorable initiatives to manage the impact of COVID-19 and for maintaining proper indoor air quality in public spaces.
The Qatar Air Conditioner (AC) Market has several global as well as regional players. Some of them are as follows;
In terms of market by types, Centralized Air Conditioner dominates the Qatar Air Conditioner Market share and is expected to remain in a dominant position in the upcoming years. However, Ducted Air Conditioner is expected to have the fastest growth rate among all types.
According to Ravi Bhandari, Research Head, 6Wresearch, Commercial & Retail dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.
The Qatar Air Conditioner (AC) Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Air Conditioner Market Overview |
3.1 Qatar Air Conditioner Market Revenues & Volume, 2017 - 2027F |
3.2 Qatar Air Conditioner Market - Industry Life Cycle |
3.3 Qatar Air Conditioner Market - Porter's Five Forces |
3.4 Qatar Air Conditioner Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.5 Qatar Air Conditioner Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Qatar Air Conditioner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Air Conditioner Market Trends |
6 Qatar Air Conditioner Market Segmentation |
6.1 Qatar Air Conditioner Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Air Conditioner Market Revenues & Volume, By Type, 2017 - 2027F |
6.1.3 Qatar Air Conditioner Market Revenues & Volume, By Room Air Conditioner, 2017 - 2027F |
6.1.4 Qatar Air Conditioner Market Revenues & Volume, By Ducted Air Conditioner, 2017 - 2027F |
6.1.5 Qatar Air Conditioner Market Revenues & Volume, By Ductless Air Conditioner, 2017 - 2027F |
6.1.6 Qatar Air Conditioner Market Revenues & Volume, By Centralized Air Conditioner, 2017 - 2027F |
6.2 Qatar Air Conditioner Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Air Conditioner Market Revenues & Volume, By Residential, 2017 - 2027F |
6.2.3 Qatar Air Conditioner Market Revenues & Volume, By Healthcare, 2017 - 2027F |
6.2.4 Qatar Air Conditioner Market Revenues & Volume, By Commercial & Retail, 2017 - 2027F |
6.2.5 Qatar Air Conditioner Market Revenues & Volume, By Transportation & Infrastructure, 2017 - 2027F |
6.2.6 Qatar Air Conditioner Market Revenues & Volume, By Hospitality, 2017 - 2027F |
6.2.7 Qatar Air Conditioner Market Revenues & Volume, By Others, 2017 - 2027F |
7 Qatar Air Conditioner Market Import-Export Trade Statistics |
7.1 Qatar Air Conditioner Market Export to Major Countries |
7.2 Qatar Air Conditioner Market Imports from Major Countries |
8 Qatar Air Conditioner Market Key Performance Indicators |
9 Qatar Air Conditioner Market - Opportunity Assessment |
9.1 Qatar Air Conditioner Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Qatar Air Conditioner Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Qatar Air Conditioner Market - Competitive Landscape |
10.1 Qatar Air Conditioner Market Revenue Share, By Companies, 2020 |
10.2 Qatar Air Conditioner Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |