Saudi Arabia Air Conditioner Market: By Product Type (Split AC, Window AC, Ceiling Concealed, Floor Standing, Packaged AC, Cassette Type And Centralized (AHU/FCU, VRF, Condensing Unit, Chiller, & Others)), and By Application (Commercial, Industrial and Residential) By Regions (Eastern, Western, Southern and Central) – Opportunities and Forecast (2020-2026)
Saudi Arabia leads the overall Middle East Air Conditioner Market. KSA is anticipated to transform its spotlight towards tourism and hospitality in recent times. Furthermore, the predictable growth of the residential segment drives the growth of air conditioners in Saudi Arabia. The primary factor that drives the demand for the Air Conditioner market in KSA is extremely hot climatic conditions, the development of the industrial areas, and the increasing figure of household units. In Saudi Arabia, the summer season continues for 7 to 9 months in a year and the temperature reaches nearly 53°C.
According to Pheonix Research, Saudi Arabia Air Conditioner Market is anticipated to grow at a CAGR of 5.2% during 2020-26. Saudi Arabia also focuses on entrepreneurial environment development and private sector investment under Project “Vision 2030”, the country is primarily concentrating on reducing minimal dependency on oil-based industry revenue to dominate the flourishing real-estate infrastructure in the KSA. In addition, rising per capita income accompanied by the burgeoning demand for energy-saving home & commercial appliances further enhances the market growth & opportunity of air conditioners in Saudi Arabia.
In addition, rising per capita income accompanied by burgeoning demand for energy-saving home & commercial appliances along with smart city development further enhanced the market growth & opportunity of the air conditioner in Saudi Arabia during the forecast period. On the other hand, common electrical & mechanical failures and costly maintenance are factors restraining the market growth in Saudi Arabia.
In KSA, the centralized AC held the majority market share in 2017, where VRF ( Variable Refrigerant Flow) is anticipated to capture significant growth in Saudi Arabia’s air conditioner market in the coming years.
The Saudi Arabia Air Conditioner market is segmented based on product type, application, and Region. Based on product type market is categorized into Split AC, Window AC, Ceiling Concealed, Floor Standing, Packaged AC, Cassette Type, And Centralized (AHU/FCU, VRF, Condensing Unit, Chiller, and others).
On an Application basis, the market is segmented into Residential, Commercial, and Industrial. Regions are segmented into Eastern, Western, Southern, and Central.
Market Covered
By Types
• Split AC
• Window AC
• Ceiling Concealed
• Floor Standing
• Packaged AC
• Cassette Type
• Centralized
▪ AHU/FCU
▪ VRF
▪ Condensing Unit
▪ Chiller
• Others
By Application
• Commercial
• Industrial
• Residential
By Regions
• Eastern
• Western
• Southern
• Central
Key Players
• AHI Carrier FZC
• Al Salem Johnson Controls
• Daikin Air Conditioning Saudi Arabia LLC
• Fujitsu General
• GREE Electric Appliances Inc.
• LG Electronics Gulf
• Mitsubishi Electric Corporation
• S.K.M Air Conditioning LLCTrane Inc.
• Zamil Air Conditioner
1. Market Introduction
1.1 Introduction
1.1.1 Objectives of the Study
1.1.2 Market Definition
1.1.3 Market Scope
1.1.3.1 Years Considered for the Study
1.1.3.2 Market Covered
1.1.4 Currency
1.1.5 Limitations
1.1.6 Stakeholders
2. Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3. Executive Summary
3.1 Market Outlook
3.2 Segment Outlook
3.3 Competitive Insights
4. Saudi Arabia Air Conditioner Market Variables, Trends & Scope
4.1 Market Lineage Outlook
4.2Penetration and Growth Prospect Mapping
4.3 End-User Value Chain Analysis
4.4 Cost Analysis Breakdown
4.5 Technology Overview
4.6 Regulatory Framework
4.6.1 Reimbursement Framework
4.6.2 Standards And Compliances
5. Saudi Arabia Air Conditioner Market Overview
5.1 Market Dynamics
5.1.1 Market Driver Analysis
5.1.2 Market Restraint Analysis
5.1.3 End User Challenges
5.1.4 market opportunity
6. Saudi Arabia Air Conditioner Market Analysis Tools
6.1 End User Analysis – Porter’s
6.1.1 Supplier Power
6.1.2 Buyer Power
6.1.3 Substitution Threat
6.1.4 Threat from New Entrants
6.1.5 Competitive Rivalry
6.2 Pestel Analysis
6.2.1 Political Landscape
6.2.2 Environmental Landscape
6.2.3 Social Landscape
6.2.4 Technology Landscape
6.2.5 Legal Landscape
6.3 Major Deals And Strategic Alliances Analysis
6.3.1 Joint Ventures
6.3.2 Mergers and Acquisitions
6.3.3 Licensing and Partnership
6.3.4 Technology Collaborations
6.3.5 Strategic Divestments
6.4 Market Entry Strategies
6.5 Case Studies
7. Saudi Arabia Air Conditioner Market, By Product Type Historical Analysis and Forecast 2020-2027 (USD Million)
7.1 Split AC
7.2 Window AC
7.3 Ceiling Concealed
7.4 Floor Standing
7.5 Packaged AC
7.6 Cassette Type
7.7 Centralized
7.7.1 AHU/FCU
7.7.2 VRF
7.7.3 Condensing Unit
7.7.4 Chiller
7. 8. Others
8. Saudi Arabia Air Conditioner Market, By Distribution Channel Historical Analysis and Forecast 2020-2027 (USD Million)
8.1 Direct Tenders
8.2 Retail Sales
8.3 E-commerce
8.4 Other Distribution Channel
9. Saudi Arabia Air Conditioner Market, By Applications Historical Analysis and Forecast 2020-2027 (USD Million)
9.1 Commercial
9.1.1 Offices and Buildings
9.1,2 Hospitality
9.1.3 Transportation
9.1.4 Supermarkets/hypermarkets
9.1.5 Healthcare
9.1.6 Government
9.2 Industrial
9.2.1. Food and beverage
9.2.2. Oil and gas
9.2.3. Automotive
9.2.4. Energy and utilities
9.2.5. Others
9.3. Residential
10. Saudi Arabia Air Conditioner Market, By Technology Historical Analysis and Forecast 2020-2027 (USD Million)
10.1 Automatic
10.2 Manual/Semi-Automatic
11. Saudi Arabia Air Conditioner Market, By Region Historical Analysis and Forecast 2020-2027 (USD Million)
11.1 Eastern
11.2 western
11.3 Southern
11.4 Central
12. Market Share Analysis and Competitive Landscape
12.1 Saudi Arabia Landscape – Key Players, Revenue and Presence
12.2 Saudi Arabia Share Analysis – Key Players (Tier 1, Tier 2, Tier 3)
12.3 Saudi Arabia Emerging Companies
12.4 Market Share Analysis and Key Stateal Players
12.5 Saudi Arabia Key Player – Growth Matrix
13. Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
13.1 AHI Carrier Fzc
13.1.1 Company Overview
13.1.2 Product Portfolio
13.1.3 SWOT Analysis
13.1.4 Financial Overview
13.1.5 Strategic Overview
13.2 Daikin Air Conditioning Saudi Arabia LLC
13.2.1 Company Overview
13.2.2 Product Portfolio
13.2.3 SWOT Analysis
13.2.4 Financial Overview
13.2.5 Strategic Overview
13.3 Fujitsu General(ME) FZE
13.3.1 Company Overview
13.3.2 Product Portfolio
13.3.3 SWOT Analysis
13.3.4 Financial Overview
13.3.5 Strategic Overview
13.4 GREE Electric Appliances Inc.
13.4.1 Company Overview
13.4.2 Product Portfolio
13.4.3 SWOT Analysis
13.4.4 Financial Overview
13.4.5 Strategic Overview
13.5 Panasonic
13.5.1 Company Overview
13.5.2 Product Portfolio
13.5.3 SWOT Analysis
13.5.4 Financial Overview
13.5.5 Strategic Overview
13.6 LG Electronics, Inc
13.6.1 Company Overview
13.6.2 Product Portfolio
13.6.3 SWOT Analysis
13.6.4 Financial Overview
13.6.5 Strategic Overview
13.7 Mitsubishi Electric Corp.
13.7.1 Company Overview
13.7.2 Product Portfolio
13.7.3 SWOT Analysis
13.7.4 Financial Overview
13.7.5 Strategic Overview
13.8 Samsung Electronics Co. Ltd.
13.8.1 Company Overview
13.8.2 Product Portfolio
13.8.3 SWOT Analysis
13.8.4 Financial Overview
13.8.5 Strategic Overview
13.9 S.K.M Air Conditioning LLCTrane Inc.
13.9.1 Company Overview
13.9.2 Product Portfolio
13.9.3 SWOT Analysis
13.9.4 Financial Overview
13.9.5 Strategic Overview
13.10 Zamil AC
13.10.1 Company Overview
13.10.2 Product Portfolio
13.10.3 SWOT Analysis
13.10.4 Financial Overview
13.10.5 Strategic Overview
13.11 Hitachi Ltd.
13.11.1 Company Overview
13.11.2 Product Portfolio
13.11.3 SWOT Analysis
13.11.4 Financial Overview
13.11.5 Strategic Overview
13.12 Al Salem Johnson Controls
13.12.1 Company Overview
13.12.2 Product Portfolio
13.12.3 SWOT Analysis
13.12.4 Financial Overview
13.12.5 Strategic Overview
13.13 Midea
13.13.1 Company Overview
13.13.2 Product Portfolio
13.13.3 SWOT Analysis
13.13.4 Financial Overview
13.13.5 Strategic Overview
13.14 Hisense
13.14.1 Company Overview
13.14.2 Product Portfolio
13.14.3 SWOT Analysis
13.14.4 Financial Overview
13.14.5 Strategic Overview
Note: The above list is tentative and may change with the latest market updates
14. Pre and Post COVID-19 Impact
14.1 Positive influence on the industry
14.2 The financial disruption of the manufacturing sector
14.3 Impact of COVID-19 on Emerging Companies
14.4 Significant mandates in the End User regulations initiated by administrations
14.5 The overall economic slowdown of the developing and developed nations
15. Pheonix SME Key Takeaway Points for Client