Market Forecast 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: ETC000260 | Publication Date: Sep 2015 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 101 | No. of Figures: 39 | No. of Tables: 11 | |
Iran Air Conditioner market currently, in 2023, has witnessed an HHI of 7676, Which has increased slightly as compared to the HHI of 3903 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Iran Air Conditioner Market report thoroughly covers the market by type and by application. The market outlook 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.
The air conditioning market in Iran has been competitive over the past decade, with many international companies entering the market. Additionally, increasing disposable incomes and high-quality products have resulted in the growth of the air conditioner market in Iran. The energy-efficient air conditioners are increasingly becoming popular in the market.
According to 6Wresearch, the Iran Air Conditioner Market size is estimated to widen at a CAGR of 5.9% during the forecast period 2024-2030. The rising disposable income of the country’s population has resulted in increased spending on home appliances including air conditioners. Secondly, the government's initiative to promote the use of energy-efficient air conditioners has also contributed to the growth of the Iran Air Conditioner industry.
Lastly, the increasing industrial development in the country has led to a surge in demand for air conditioners in factories and warehouses. Despite the massive growth, several challenges are being faced by the industry. Such as the high cost of electricity, making it difficult for low-income households to afford air conditioners. Additionally, the uncertain economic climate in the country has also affected the market’s growth. However, with the growing trends, the market growth is estimated to surge. Some trends include the growing demand for smart air conditioning systems. The rising trend of home automation and the integration of Internet-of-Things (IoT) technologies is having a positive impact on air conditioning systems. In addition, the rising popularity of air purifiers and humidifiers as additional features is another trend in the market.
The government has been making efforts to promote energy-efficient air conditioning systems to cope with the rising energy consumption in the country. The Ministry of Energy has launched new regulations made to meet the minimum energy performance standards. This has resulted in increased awareness and demand for energy-efficient air conditioners in the market.
The market is operated by several prominent players with the presence of local manufacturers, including Mihan Cool, Alizeh Steel, and Nardi. However, global players like Daikin, Fujitsu, Samsung, and LG. These companies are operating seamlessly and have been investing to develop advanced ranges that can meet the growing demand of customers.
According to Shivankar, Research Manager, 6Wresearch, centralized and ducted air conditioning systems are gaining traction in the air conditioning market in Iran. As these systems facilitate better energy efficiency and cooling solutions to larger commercial buildings.
Market Analysis by Application
Based on the application, the residential air conditioners segment is leading in the market due to rapid urbanization and increasing income levels.
The report offers a comprehensive study of the subsequent market segments:
Iran Air Conditioner Market Outlook |
Market Size of Iran Air Conditioner Market, 2023 |
Forecast of Iran Air Conditioner Market, 2030 |
Historical Data and Forecast of Iran Air Conditioner Revenues & Volume for the Period 2020 - 2030 |
Iran Air Conditioner Market Trend Evolution |
Iran Air Conditioner Market Drivers and Challenges |
Iran Air Conditioner Price Trends |
Iran Air Conditioner Porter's Five Forces |
Iran Air Conditioner Industry Life Cycle |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Type for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Room Air Conditioner for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Ducted Air Conditioner for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Ductless Air Conditioner for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Centralized Air Conditioner for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Application for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Residential for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Healthcare for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Commercial & Retail for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Transportation & Infrastructure for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Hospitality for the Period 2020 - 2030 |
Historical Data and Forecast of Iran Air Conditioner Market Revenues & Volume by Others for the Period 2020 - 2030 |
Iran Air Conditioner Import Export Trade Statistics |
Market Opportunity Assessment by Type |
Market Opportunity Assessment by Application |
Iran Air Conditioner Top Companies Market Share |
Iran Air Conditioner Competitive Benchmarking by Technical and Operational Parameters |
Iran Air Conditioner Company Profiles |
Iran Air Conditioner Key Strategic Recommendations |