Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape
Product Code: ETC090133 | Publication Date: Nov 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The Africa Air Conditioner (AC) Market is anticipated grow efficiently over the forecast period. The growth of this evolving sector is attributed to rising awareness regarding climate change among people and its impact on the health of people, coupled with a rise in poverty levels in African nations.Β
According to 6Wresearch, the Africa Air Conditioner (AC) Market size is expected to grow during 2022-2028. The market has been evolving effectively owing to many factors stimulating its growth. The growth of this evolving sector is attributed to rising awareness regarding climate change among people and its impact on the health of people, coupled with a rise in poverty levels in African nations. Besides, technological advancements in the Africa countries are also stimulating the growth of this market along with rising demand for energy-efficient products. The industry is benefitting from government policies and the infrastructure development initiatives. Stringent environmental regulations are one of the major factors stimulating the adoption of air conditioning solutions in Africa.Β
The key players in the market play one of the most essential roles in the upliftment of this market. The companies in the market are focusing on providing the best air conditions to consumers so the market can progress effectively. Key players are investing heavily on Research & Development in order to understand which type of products can be the best for their consumers. This is one of the major reasons the key players in the industry are coming up with the best products for their key consumers. These factors are significantly stimulating the growth of this market. However, the low adoption rates and high costs of AC units can pose the growth of this market. Furthermore, the industry is estimated to overcome these challenges in the years to come.Β
The outbreak of novel coronavirus pandemic had a massive impact on Africa Air Conditioner (AC) Market. The consumer industries of this sector such as healthcare, residential, transportation & infrastructure, and others faced numerous challenges during the COVID-19 pandemic, which in turn, disrupted the growth of this market. There were huge restrictions on manufacturing and supply chain during the pandemic, which is one of the key reasons behind the decline of this market. It is impossible for the market to progress effectively without manufacturing and supply chain part. There was a huge reduction in the demand of air conditioners during the pandemic that led to decline in the market. The Africa Air Conditioner (AC) Market share is anticipated to increase in the years to come.Β
The Air Conditioner (AC) Market in Africa, based on countries is segmented into South Africa, Nigeria, Kenya, and Rest of Africa. The demand of air conditioner is increasing in all these African countries; thus, all these segments are projected to boost the growth of this market in the years to come.Β
Based on type, the industry can be divided into Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, and Centralized Air Conditioner. All these segments are growing in the industry. These segments are estimated to fuel the market growth.Β
On the basis of application, the sector can be divided into Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, and Others. The demand of air conditioners is growing in all these sectors. These sectors are anticipated to fuel the market growth in the coming years.Β
The growth of this evolving market is attributed to rising awareness regarding climate change among people and its impact on the health of people, coupled with a rise in poverty levels in African nations. Besides, technological advancements in the Africa countries are also stimulating the growth of this market along with rising demand for energy-efficient products. The industry is benefitting from government policies and the infrastructure development initiatives.
The major players in the industry play one of the most essential roles in the upliftment of this market. The companies in the market are focusing on providing the best air conditions to consumers so the market can progress effectively. Key players are investing heavily on Research & Development in order to understand which type of products can be the best for their consumers. This is one of the major reasons the key players in the industry are coming up with the best products for their key consumers. These factors are significantly stimulating the growth of this market.
Owing to these drivers, the growth opportunities in the market will increase at a rapid pace. It will benefit the businesses operating in the market.Β
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Air Conditioner Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Air Conditioner Market Revenues & Volume, 2021 & 2028F |
3.3 Africa Air Conditioner Market - Industry Life Cycle |
3.4 Africa Air Conditioner Market - Porter's Five Forces |
3.5 Africa Air Conditioner Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Africa Air Conditioner Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.7 Africa Air Conditioner Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Africa Air Conditioner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Air Conditioner Market Trends |
6 Africa Air Conditioner Market, 2018 - 2028 |
6.1 Africa Air Conditioner Market, Revenues & Volume, By Type, 2018 - 2028 |
6.2 Africa Air Conditioner Market, Revenues & Volume, By Application, 2018 - 2028 |
7 South Africa Air Conditioner Market, 2018 - 2028 |
7.1 South Africa Air Conditioner Market, Revenues & Volume, By Type, 2018 - 2028 |
7.2 South Africa Air Conditioner Market, Revenues & Volume, By Application, 2018 - 2028 |
8 Nigeria Air Conditioner Market, 2018 - 2028 |
8.1 Nigeria Air Conditioner Market, Revenues & Volume, By Type, 2018 - 2028 |
8.2 Nigeria Air Conditioner Market, Revenues & Volume, By Application, 2018 - 2028 |
9 Kenya Air Conditioner Market, 2018 - 2028 |
9.1 Kenya Air Conditioner Market, Revenues & Volume, By Type, 2018 - 2028 |
9.2 Kenya Air Conditioner Market, Revenues & Volume, By Application, 2018 - 2028 |
10 Rest of Africa Air Conditioner Market, 2018 - 2028 |
10.1 Rest of Africa Air Conditioner Market, Revenues & Volume, By Type, 2018 - 2028 |
10.2 Rest of Africa Air Conditioner Market, Revenues & Volume, By Application, 2018 - 2028 |
11 Africa Air Conditioner Market Key Performance Indicators |
12 Africa Air Conditioner Market - Opportunity Assessment |
12.1 Africa Air Conditioner Market Opportunity Assessment, By Countries, 2021 & 2028F |
12.2 Africa Air Conditioner Market Opportunity Assessment, By Type, 2021 & 2028F |
12.3 Africa Air Conditioner Market Opportunity Assessment, By Application, 2021 & 2028F |
13 Africa Air Conditioner Market - Competitive Landscape |
13.1 Africa Air Conditioner Market Revenue Share, By Companies, 2021 |
13.2 Africa Air Conditioner Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |
Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape
Product Code: ETC090133 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Air Conditioner (AC) Market is projected to grow over the coming years. AfricaΒ Air Conditioner (AC) Market is a part of our various regional publications globally.6W tracks Air Conditioner (AC) Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Air Conditioner (AC) Market outlook report annually.
Africa Air Conditioner (AC) Market Synopsis
Africa Air conditioner (AC) Market report comprehensively covers the market type, application and countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Air Conditioner Market is likely to register moderate growth owing on account of rising investment in infrastructure development in public and private sector. Rising disposable income coupled with rapid urbanization beholds the increasing growth of the market. Moreover, people have adopted air conditioner as the necessity rather than luxury, further leading to the development of the market.Β Unfavorable climatic conditions coupled with rising level of humidity beholds the proliferate growth of Africa AC Market.
According to 6Wresearch, Africa Air Conditioner (AC) Market size is projected to register growth during 2021-2027. The key factors such as expansion of hospitality, tourism and construction sector beholds the positive growth of the market. Establishment of government offices, private complex and shopping malls are also adding to the development of the market. Also, growing migration towards urban area would spur the per capita income leading to upsurge in the growth of the market. However, the market suffered a major setback on account of COVID-19 restriction along with nationwide lockdown causing disruption in supply chain. Temporary shutting down of retail stores led owes to the negative growth of the market.
Market Analysis by Application
On the basis of Application, the market is segmented into Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others. Residential segment is anticipated to accounted the largest share.
Market Analysis by Countries
According to the Africa Air Conditioner Market Forecast, South Africa held the largest share in the Africa Air Conditioner Market share followed by Egypt. However, Nigeria is also expected to experience high growth owing to the rising disposable income.
Key Attractiveness of the Report
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Key Highlights of the Report:
Market Segmentation:
TheΒ Africa Air Conditioner MarketΒ report provides a detailed analysis of the following market segments: