GCC Air Conditioners Market to 2025: Key Players Are Daikin McQuay Middle East FZE, LG Electronics Gulf FZE, Zamil Air Conditioners Holding Co. Ltd., Samsung Gulf Electronics FZE, and Johnson Controls

The GCC Air Conditioners Market was valued at US$ 2.73 Bn in 2017 and is expected to expand at a CAGR of 7.93% from 2018 to 2025, reaching US$ 4.66 Bn by the end of the forecast period. According to the report, Saudi Arabia was the largest contributor in terms of revenue to the GCC air conditioners market in 2017.

The weather in the Gulf Countries is so humid and hot that it is increasingly becoming impossible to live without air conditioners. Saudi Arabia and other developing countries are witnessing demand for air conditioners due to the growing business and residential sector.

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GCC Air Conditioners Market: Scope of the Report
The GCC Air Conditioners market is segmented on the basis of type, and application. On the basis of type, the market is segmented into Centralised AC, Split AC, Window AC, Packaged AC, Portable AC, and Others. Centralized AC was the largest segment in the GCC Air Conditioners market in 2017, and is estimated to witness the highest growth during 2018-2025. On the application basis, the market is segmented into Residential, and Commercial. Residential accounted for the largest segment in the GCC air conditioners market in 2017.
On the basis of country, the market is segmented into five parts namely Saudi Arabia, UAE, Kuwait, Qatar, Oman, and Bahrain. Saudi Arabia was the largest country in the GCC air conditioners market in 2017 with a market share of 54.3% and it is estimated to grow over a CAGR of 7.54% during 2018-2025.

GCC Air Conditioners Market: Key Players
Companies, such as Daikin McQuay Middle East FZE, LG Electronics Gulf FZE, Zamil Air Conditioners Holding Co. Ltd., Samsung Gulf Electronics FZE, and Johnson Controls are the key players in manufacturing air conditioners in GCC. In terms of product offerings, Zamil Air Conditioners Holding Co. Ltd. and Johnson Controls are the major players in the market, providing various products of air conditioning systems.

By Type
• Centralised AC
• Split AC
• Window AC
• Packaged AC
• Portable AC
• Others

By Application
• Residential
• Commercial

In addition, the report provides analysis of the GCC Air Conditioners market with respect to the following geographic segments:
• Saudi Arabia
• UAE
• Kuwait
• Qatar
• Oman
• Bahrain

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