Report

UAE Air Conditioner Market Report and Forecas

117 pages Oct 2024
UAE Air Conditioner Market Rep

UAE Air Conditioner Market Report and Forecast 2032

By Type (Window, Split, Floor Standing, Cassette, Packaged, Ducted Split, Centralized AC (Chillers, VRF, AHU, FCU)), By Region (Abu Dhabi & Al Ain, Dubai, Sharjah & Northern Emirat...es), By End User (Residential, Commercial Buildings, Retail, Health Care , Hospitality, Government &, Transportation, Oil & Gas, Others) Read more

  • Consumer Goods & Services
  • Pages : 117
  • Oct 2024
  • Report Format :  

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The UAE Air Conditioner Market Insights & Analysis

The UAE Air Conditioner Market was valued at USD 1.1 Billion in 2024 and is anticipated to register a CAGR of around 5.6% during the forecast period, i.e., 2024-32. The industry growth is majorly driven by the rapidly improving economic conditions & shifting living standards of the individuals. With the rising purchasing power & a growing focus on pure & disease-free indoor air quality, the adoption of air conditioners is on the rise. The requirement for UAE air conditioners is being pushed by the presence of international corporations, an increasing number of migrants, and a thriving tourism sector.

Additionally, several infrastructure development projects are being prompted by the UAE government’s aim of diversifying the economy away from oil. Hence, there are now a lot more development projects underway, such as corporate buildings, resorts, and malls. To satisfy end users’ rising demands, air conditioner manufacturers are increasing their production capacities.

UAE Air Conditioner Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2024-2032): 5.6%

  • Market Value 2024: USD 1.1 Billion

  • Fastest Growing Market: Dubai

  • Major Players: LG Electronics, Fujitsu General, Carrier, Gree, Samsung, Daikin, Mitsubishi, SKM, Midea, Super General, and Others 

Furthermore, there is a rising need to enhance the hospitality & healthcare sectors in the UAE. This has led to supplemented construction & infrastructure development in these areas, boosting the demand for air conditioners and further enhancing the market size in the forthcoming years.

The UAE Air Conditioner Market Dynamics

  • Growing Hospitality Sector in the Country to Escalate the Market Growth

The UAE’s tourist sector has been expanding rapidly owing to the growing number of events & exhibitions. Nearly 25 million people visited the Dubai Expo in 2021, bringing in about USD 17.7 billion in revenue for the country. In addition, the country’s demand for air conditioners is increasing as a result of the ongoing construction of hotels & resorts, like Anantara Mina Al Arab, Atlantis, The Royal, and others. The completion of these projects by 2024 is predicted to elevate the demand for air conditioners in the UAE during the forecast period.

  • Rising Demand for Second-hand Air Conditioners to Hinder the Growth

Owing to variables such as population expansion, urbanization, and high temperatures, the UAE consistently faces a demand for air conditioners. In light of this, the middle-class population, including expatriates are increasingly seeking used air conditioners. The middle-class population’s strong demand for second-hand air conditioners has consequently hindered the expansion of the UAE Air Conditioner Market by negatively affecting sales of brand-new air conditioners.

  • Upscale in the Acceptance of Smart Air Conditioners to Push Market Growth

The UAE is undergoing a surge in demand for smart & energy-efficient air conditioners, due to rapid technology advancements and a focus on addressing environmental concerns about carbon emissions. The UAE government is dynamically promoting sustainability & the usage of energy-efficient technologies, such as air conditioners.

Furthermore, there is a rising trend in the UAE toward building automation & facility management services. This trend is creating a need for smart & energy-efficient air conditioners, which offer greater control, monitoring, temperature modulation, improved air quality, smart thermostat functions, and a diversity of other uses, further contributing to elevating the UAE Air Conditioner Market growth.

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Import Export Statistics
  7. List of Major Dealers and Distributors in UAE
  8. Factors Influencing Purchase Decision
  9. Key Strategies Adopted by Vendors/Companies to Boost Sales
  10. Policy and Regulatory Landscape in UAE Air Conditioners Market
  11. UAE Air Conditioners Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Size, By Volume (Units Sold)
    3. Market Share, By Type
      1. Window AC
      2. Split AC
      3. Cassette AC
      4. Packaged AC
      5. Ducted Split AC
      6. Centralized AC
      7. Others (Floor Standing/Portable AC, etc.)
    4. Market Share, By End User
      1. Residential
      2. Commercial Buildings
      3. Retail
      4. Health Care
      5. Hospitality
      6. Government & Transportation
      7. Oil & Gas
      8. Others (Religious Institutions, etc.,)
    5. Market Share, By Region
      1. Abu Dhabi & Al Ain
      2. Dubai
      3. Sharjah & Northern Emirates
    6. Market Share, By Company
      1. Competition Characteristics
      2. Revenue Shares & Analysis
  12. Dubai Air Conditioner Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Size, By Volume (Units Sold)
    3. Market Share, By Type
    4. Market Share, By End User
    5. Market Share, By Tonnage
      1. Window Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      2. Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      3. Cassette Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      4. Ducted Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      5. Centralized Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
        1. Dubai Chiller Market, By Top 3 companies
  13. Abu Dhabi & Al Ain Air Conditioner Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Size, By Volume (Units Sold)
    3. Market Share, By Type
    4. Market Share, By End User
    5. Market Share, By Tonnage
      1. Window Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      2. Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      3. Cassette Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      4. Ducted Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      5. Centralized Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
        1. Abu Dhabi & Al Ain Chiller Market, By Top 3 companies
  14. Sharjah & Northern Emirates Diesel Generators Market Overview (2020-2032)
    1. Market Size, By Value (in USD Millions)
    2. Market Size, By Volume (Units Sold)
    3. Market Share, By Type
    4. Market Share, By End User
    5. Market Share, By Tonnage
      1. Window Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      2. Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      3. Cassette Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      4. Ducted Split Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      5. Centralized Air Conditioner, By Tonnage, By Top 3 Companies (USD Million)
      6. Sharjah & Northern Emirates Chiller Market, By Top 3 companies
  15. Competitive Outlook (Company Profiles – Partial List)
    1. LG Electronics
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    2. Fujitsu General
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    3. Carrier
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    4. Gree
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    5. Samsung
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    6. Daikin
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    7. Mitsubishi
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    8. SKM
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    9. Midea
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    10. Super General
      1. Company Overview
      2. Business Segments
      3. Strategic Alliance/Partnerships
      4. Recent Developments
    11. Others
  16. Contact Us & Disclaimer

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