Ethiopia Air Conditioner Market (2018-2024) | Analysis, Size, Revenue, Trends, Forecast, Growth, Outlook & Segmentation

Latest 2023 Developments of the Ethiopia Air Conditioner Market

Ethiopia Air Conditioner Market latest developments include inverter air conditioner which comes with voice control enables operation, antivirus protection, and UV nanotechnology which protects from harmful viruses and bacteria. AC filters come with antivirus protection. air conditioner is coming with the technology of hybrid technology which uses a combination of air and refrigerant which cool your home like never before. Wind-Free, Triple Inverter, Eco Inverter, and on/off are some of the latest innovations in the air conditioner market. Nanoex technology steps up the safety against viruses and bacteria.

Ethiopia Air Conditioner Market Synopsis

Ethiopian government in their second Growth and Transformation Plan (2015-16 to 2020-21) pledged to improve the country's infrastructural scenario on the back of robust foreign investment in the construction sector. Chinese contractors have gained a foothold in the country due to cheap labor and resources bagging multi-million projects from the government and have further paved the way for the robust growth of the air conditioner market.

According to 6Wresearch, Ethiopia AC market size is forecast to grow at a CAGR of 15.8% during 2018-24. The construction industry in Ethiopia is expected to boom primarily on account of increased public and private investment in development projects. The government's emphasis on developing the nation's higher education capabilities is expected to construct over 10 new universities across the country over the coming years, which would add to the demand for air conditioners in the country.

Wall mounted air conditioner segment acquired the majority of the overall Ethiopia AC Market share due to affordable prices and complications in the installation of window air conditioners in high-floored apartments and closed spaces. The floor-standing air conditioner segment is expected to register healthy growth in future due to lesser complexities in its installation and after-sale services.

Residential, commercial and retail applications garnered the maximum revenue share from air conditioner sales due to the rapid commercialization of the urban areas of Addis Ababa and nearby regions. The government's decision to shift a significant number of offices in the region along with the recent completion of African Union headquarters and construction of Chuan Hui international tower gave this sector a timely boost.

The Ethiopia AC market report thoroughly covers the air conditioner market by AC types, applications, and regions. The Ethiopia AC market outlook report provides an unbiased and detailed analysis of the Ethiopia AC market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Ethiopia AC Market Overview
• Ethiopia AC Market Outlook
• Ethiopia AC Market Forecast
• Historical & Forecast data of Ethiopia AC Market for the Period 2014-2024
• Historical & Forecast data of Ethiopia AC Market Revenue for the Period 2014-2024
• Ethiopia AC Market Size and Ethiopia AC Market Forecast of Revenues, Until 2024
• Historical & Forecast data of Ethiopia Window AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia Split AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia packaged AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia Ducted Split/Ceiling Concealed AC Market Revenue & Volume for 
  the Period 2014-2024
• Historical & Forecast data of Ethiopia Floor Standing AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia Cassette AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia Ceiling Suspended AC Market Revenue & Volume for the Period 2014-2024
• Historical & Forecast data of Ethiopia Centralized AC Market Revenue for the Period 2014-2024
• Historical & Forecast data of Ethiopia Centralized AC Market Revenue, By Components for the Period 2014-2024
• Historical & Forecast data of Ethiopia Air Conditioner Application Market Revenue for the period 2014-2024
• Historical data of Ethiopia AC Market by Regional Revenues for the Period 2014-2024
• Market Size & Forecast of Ethiopia AC Market Revenue until 2024, By Regions
• Market Drivers and Restraints
• Ethiopia AC Market Trends and Developments
• Ethiopia AC Market Share, By Players 
• Ethiopia AC Market Overview on Competitive Landscape
• Recommendations

Markets Covered

The Ethiopia AC market report provides a detailed analysis of the following market segments:

By Product Type

    o Room AC
              ? Window
              ? Split
    o Ducted AC
              ? Ceiling Concealed
              ? Packaged
    o Ductless AC
              ? Suspended
              ? Floor Standing
              ? Cassette
    o Centralized AC
              ? VRF
              ? AHU/FCU
              ? Condensing Unit
              ? Chiller
              ? Others

By Applications

• Residential
• Commercial Buildings & Retail
• Govt. & Transportation
• Hospitality
• Oil & Gas
• Others

By Regions

• Northern
• Western
• Eastern
• Southern