New Study on GCC Air Conditioners Market Analysis Report by Key Players, Type and Regions to 2025

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. 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.

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GCC Air Conditioners Market: Centralised AC Type Analysis

• VRF is the largest growing Centralized AC segment with a CAGR of over 8% over forecast period. Variable refrigerant flow (VRF) systems vary the flow of refrigerant to indoor units based on demand. This ability to control the amount of refrigerant that is provided to fan coil units located throughout a building makes the VRF technology ideal for applications with varying loads or where zoning is required.

• Chiller type Centralized AC is growing with a CAGR of 8.3% over 2018-2025. Centralized systems use “chillers” which are basically giant AC units but they work slightly differently because of their size. Chillers generate chilled water which is used to provide air conditioning in buildings.

• A fan coil unit (FCU) is a simple device consisting of a heating and/or cooling heat exchanger or ‘coil’ and fan. It is part of an HVAC system found in residential, commercial, and industrial buildings. A fan coil unit is a diverse device sometimes using ductwork and is used to control the temperature in the space where it is installed or serve multiple spaces. The Segment is growing with a CAGR of over 6%.

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GCC Air Conditioners Market: Application Analysis

• Residential Applications of AC in GCC is growing with a CAGR of 6.9%. Residential HVAC systems are typically used in homes and possibly small businesses. These units are generally smaller and very less in terms of heating and cooling capacity. However, correctly sizing residential systems also requires knowledge and experience. Residential ACs usually come in standard central units hooked up to ducts, with the condenser placed outdoors and the evaporator indoors in the garage or basement.

• Commercial applications of AC in GCC is growing rapidly with a CAGR of over 10% over the forecast period. Commercial HVAC systems are used in office buildings, large retail stores, warehouses, and other large buildings.
Commercial spaces are frequently much larger than residential spaces, and often serve a much greater number of people. Commercial HVAC units must be expertly sized to account for employees and customers during peak hours, and proper sizing requires a contractor with specialized technical skill and experience.

GCC Air Conditioners Market: Key Players
• Zamil Air Conditioners Holding Co. Ltd.
• LG Electronics Gulf FZE
• Daikin McQuay Middle East FZE
• Air-conditioning & Heating International Carrier FZC
• Gree Electric Appliances, Inc.

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