uae air conditioners market forecast & opportunities, 2020
TRANSCRIPT
UAE Air Conditioners Market Forecast & Opportunities , 2020
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
T a b l e o f C o n t e n t
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1. Research Methodology
2. Product Overview
3. Analyst View
4. Global Air Conditioners Market Overview
4.1. Market Size & Forecast
4.1.1. By Value
5. UAE Air Conditioners Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share & Forecast
5.2.1. By Type
5.2.2. By Region
5.2.3. By End User Industry
5.2.4. By Company
6. UAE Central Air Conditioners Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Type
6.3. Price Points Details
7. UAE Room Air Conditioners Market Outlook
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7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.3. Price Points Details
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends & Developments
9.1. Air Conditioners with built-in Air Purifiers
9.2. Introduction of Energy Efficient Air Conditioners
9.3. VRF and AHU Air Conditioners
9.4. Dominance of Overseas Manufacturers
9.5. Booming Real-estate Sector
9.6. District Cooling Technology
10. Policy & Regulatory Landscape
11. Trade Dynamics
12. UAE Economic Profile
13. Competitive Landscape
13.1. Daikin Mc Quay Middle East FZE
13.2. UTS Carrier LLC
13.3. LG Electronics Gulf FZE
13.4. Panasonic Marketing Middle East & Africa FZE
T a b l e o f C o n t e n t
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13.5. Hitachi, Ltd.
13.6. Mitsubishi Electric Corporation
13.7. Fujitsu General (Middle East) FZE
13.8. Trane Inc.
13.9. Samsung Electronics Co., Ltd.
13.10. Johnson Controls, Inc.
14. Strategic Recommendations
15. Annexure
16. About Us & Disclaimer
T a b l e o f C o n t e n t
United Arab Emirates faces extreme climatic conditions, with temperature often shooting up to 50o C during peak summer,
and thereby air conditioner is more of a necessity product in the country. The major factors attributed to the growth of air
conditioners in the country are increasing number of real estate projects, rising purchasing power and increasing
urbanization. In addition to its own population, the UAE also has a large number of expatriates, which is resulting in an
increase in the number of households, consequently boosting the demand for air conditioners in the country. After the
economic recession, the market is gradually reviving and it is anticipated that various construction projects will be started
over the next few years, which will bring a noteworthy addition to the demand for air conditioners in the country. Moreover,
Dubai and Abu Dhabi, being the commercial hubs of the country, are also witnessing a boost in the real estate sector further
driving growth in UAE air conditioners market.
According to TechSci Research report “UAE Air Conditioners Market Forecast & Opportunities, 2020”, market for air
conditioners in the UAE is anticipated to grow at a CAGR of 8% during 2015-20. Increasing energy consumption in the
country is leading to a rise in the demand for energy efficient air conditioners, which can save around 35% of the electricity
consumed. The government has also implemented the energy efficiency labelling system for air conditioners, which is further
driving the market for air conditioners in the country. The major end user for air conditioners in the country is the residential
sector, followed by commercial and industrial sectors. Segment-wise, central air conditioners are dominating the market, as
they can be easily installed in multi-storey buildings, occupy less space and are more cost-efficient. Key players operating
in UAE air conditioners market are Fujitsu General (Middle East) FZE, Mitsubishi Electric, Daikin McQuay Middle East FZE,
and LG Electronics Gulf FZE. “UAE Air Conditioners Market Forecast & Opportunities, 2020” discusses the following
aspects of air conditioners market in the UAE:UAE Air Conditioners Market Size, Share & Forecast
Segmental Analysis –
• Central Air Conditioners and Room Air Conditioners
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations© TechSci Research
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I n d u s t r y B r i e f
R e s e a r c h M e t h o d o l o g y
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Baseline Methodology
Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of UAE air
conditioners market. The team has analyzed various industry segments and speculated a positive future of the
market. Our team of analysts has provided a prudent analysis of the industry’s performance in the future, which
will enable our clients in planning their investment decisions and explore growth opportunities in the UAE air
conditioners market.
For our study, we have gathered information through primary research surveys with multiple respondents from
several manufacturers of air conditioners in the UAE, followed by an exhaustive search of credible paid databases.
Our team of experts has then prudently evaluated all the collected information and organized the same in
chronological order to depict a meaningful and clear picture of air conditioners market in the UAE.
In addition, while compiling the data, we have also validated all the collected information from multiple sources
and data warehouses in order to present the most accurate and precise information of the concerned industry.
We have also identified and analyzed all emerging trends, including the important drivers and challenges that the
market is confronting. We have also presented segmental shares with forecasts based on our in-depth analysis of
market dynamics, prevalent trends, major developments and growth opportunities.
Sources:
The World Bank, News Articles, Index Mundi, IMF, Government Websites, United Nations Commodity Trade Statistics
Database, etc.
Companies Interviewed Fujitsu General (Middle East) FZE, Mitsubishi Electric Corporation, Trane Inc., etc.
S a m p l e D a t a - S n a p s h o t
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Air
Conditioning
33.00%
Chemicals,
33.00%
Others,
34.00%
Daikin Sales, By Segment, 2014
10
20
2013 2014
Daikin Air Conditioners Revenue (Global), 2013 -2014
(USD Billion)
3040
2013 2014
Daikin Global Gross Profit, 2013-2014 (USD Billion)
50.0060.00
70.0080.00
90.00100.00
110.00120.00
130.00140.00
150.00
2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F
UAE Room Air Conditioners Average Selling Price, 2010-2020F (USD)
Central,
50.00%
RAC,
50.00%
Central,
50.00%
RAC,
50.00%
UAE Air Conditioners Market Share,
By Type, By Value, 2014 & 2020 F
1020
2011 2012
UAE Electricity Consumption, 2011 -2012
(kWh per Capita)
VRF,
33.00
%
Chillers, 33.00%
Others, 34.00%VRF,
33.00%
Chillers, 33.00%
Others, 34.00%
UAE Central Air Conditioners Market
Share, By Type, By Value, 2014 & 2020 F
Dubai Number of Hotels, 2010-2014
100
200
300
400
500
2010 2011 2012 2013 2014
R e p o r t O r d e r i n g
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained fromvarious sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy orcompleteness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information andespecially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with allestimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly forclient’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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