Market Forecast by AC Types (Window AC, Split AC, Ducted Split AC, Packaged AC, Free Standing AC, Cassette AC and Centralized AC), Applications (Residential, Hospitality, Retail, Healthcare, Commercial Offices, BFSI, Government & Transportation and Others) and Regions (Kuwait City and Other Cities)
Product Code: ETC000281 | Publication Date: Oct 2015 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 128 | No. of Figures: 47 | No. of Tables: 16 |
To diversify the oil-based economy, the Kuwait government is investing from its reserve capital for infrastructure development. As per the National Development Plan implemented in 2010, the government has approved over $100 billion for the infrastructure projects in the areas of housing units, hospitals, expansion of airport terminals, rail & metro, commercial buildings, and educational institutions, including the new city.
According to 6Wresearch, Kuwait Air Conditioner Market is projected to grow at a CAGR of 4.17% during 2015-2021. In the Kuwait air conditioner market, centralized air conditioner accounts for the majority of revenue share in 2014. A centralized air conditioner system is expected to maintain its market dominance through the forecast period.
Amongst all regions, Kuwait City has captured a major share of the market in the overall region owing to growing construction activities and government investments. Some of the key players in the market include- Carrier, York, SKM, Trane, Fujitsu General, and Gree.
The report thoroughly covers the air conditioners market by AC types, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
Kuwait air conditioner market is anticipated to gain traction in the coming years backed by the increase in the expansion of the construction projects like GCC railway, Kuwait island development, Kuwait nuclear power plant, and Sabah Al aimed future city is estimated to strengthen the residential and commercial sector is estimated to leave a positive impact on the demand on the air conditioner. Also, the climate of the country is acting as another growth proliferation factor for the product installation and is expected to boost the substantial growth of the Kuwait air conditioner market in the upcoming six years.
Key Highlights of the Report
• Historical & Forecast data of GCC Air Conditioner Market for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Air Conditioner Market Revenue for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Window AC Market Revenue & Volume for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Split AC Market Revenue & Volume for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Packaged AC Market Revenue & Volume for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Free Standing AC Market Revenue & Volume for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Cassette AC Market Revenue & Volume for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Centralized AC Market Revenue for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Centralized AC Market Revenue, By Components for the Period 2010-2021F.
• Historical & Forecast data of Kuwait Air Conditioner Application Market Revenue for the period 2010-2021F.
• Historical data of Kuwait Air Conditioner Regional Market Revenue for the Period 2010-2014.
• Market Size & Forecast of Kuwait Air Conditioner Regional Market Revenue until 2021F.
• Market Trends.
• Players Market Share.
• Competitive Landscape.
Markets Covered
The report provides a detailed analysis of the following market segments:
• By Types:
o Window AC
o Split AC
o Ducted Split AC
o Packaged AC
o Free Standing AC
o Cassette Type AC
o Centralized AC
• Applications:
o Residential
o Hospitality
o Retail
o Health Care
o Commercial Offices
o BFSI
o Government & Transportation
o Others
• Regions:
o Kuwait City
o Other Cities
1 Executive Summary
2 Introduction
2.1 Key Highlights
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 GCC Air Conditioner Market Overview
3.1 GCC Air Conditioner Market Revenues
3.2 GCC Air Conditioner Market Revenue Share, By Country
4 Kuwait Air Conditioner Market Overview
4.1 Kuwait Air Conditioner Market Revenues
4.2 Industry Life Cycle
4.3 Opportunity Matrix
4.4 Porters 5 Forces Model
4.5 Kuwait Air Conditioner Market Revenue Share, By Types
4.6 Kuwait Air Conditioner Market Revenue Share, By Regions
4.7 Kuwait Air Conditioner Market Revenue Share, By End User
5 Government Policy and Certification
6 Kuwait Air Conditioner Market Dynamics
6.1 Drivers
6.1.1 Surging Construction Market
6.1.2 Increasing IT Spending
6.2 Challenges
6.2.1 Lack of Government Support
7 Kuwait Air Conditioner Market Trends
7.1 Imminent Mega Projects
8 Kuwait Air Conditioners Pricing Analysis
9 Kuwait Window Air Conditioner Market Overview
9.1 Kuwait Window Air Conditioner Market Revenues & Volume (2010-2014)
9.2 Kuwait Window Air Conditioner Market Revenues & Volume (2015 -2021)
9.3 Kuwait Window Air Conditioners Companies Market Ranking, By Revenues
10 Kuwait Spilt Air Conditioner Market Overview
10.1 Kuwait Split Air Conditioner Market Revenues & Volume (2010-2014)
10.2 Kuwait Split Air Conditioner Market Revenues & Volume (2015-2021)
10.3 Kuwait Split Air Conditioners Companies Market Ranking, By Revenues
11 Kuwait Ducted Split Air Conditioner Market Overview
11.1 Kuwait Ducted Split Air Conditioner Market Revenues & Volume (2010-2014)
11.2 Kuwait Ducted Split Air Conditioner Market Revenues & Volume (2015-2021)
11.3 Kuwait Ducted Split Air Conditioners Companies Market Ranking, By Revenues
12 Kuwait Packaged Air Conditioner Market Overview
12.1 Kuwait Packaged Air Conditioner Market Revenues & Volume (2010-2014)
12.2 Kuwait Packaged Air Conditioner Market Revenues & Volume (2015-2021)
12.3 Kuwait Packaged Air Conditioners Companies Market Ranking, By Revenues
13 Kuwait Free Standing Air Conditioner Market Overview
13.1 Kuwait Free Standing Air Conditioner Market Revenue & Volume (2010-2014)
13.2 Kuwait Free Standing Air Conditioner Market Revenues & Volume (2015-2021)
13.3 Kuwait Free Standing Air Conditioners Companies Market Ranking, By Revenues
14 Kuwait Cassette Air Conditioner Market Overview
14.1 Kuwait Cassette Air Conditioner Market Revenue & Volume (2010-2014)
14.2 Kuwait Cassette Air Conditioner Market Revenues & Volume (2015-2021)
14.3 Kuwait Cassette Air Conditioners Companies Market Ranking, By Revenues
15 Kuwait Centralized Air Conditioner Market Overview
15.1 Kuwait Centralized Air Conditioner Market Revenue, (2010-2021)
15.2 Kuwait Centralized Air Conditioner Market Share, By Type (2014 & 2021)
15.3 Kuwait Centralized Air Conditioners Companies Market Ranking, By Revenues
15.4 Kuwait Centralized Air Conditioners Market Revenues, By Chilling Unit (2010-2021)
15.5 Kuwait Centralized Air Conditioners Market Revenues, By AHU (2010-2021)
15.6 Kuwait Centralized Air Conditioners Market Revenues, By Other Component (2010-2021)
16 Kuwait Air Conditioners End-User Application Market Overview
16.1 Residential
16.2 Hospitality
16.3 Retail
16.4 Health Care
16.5 Commercial Offices
16.6 BFSI
16.7 Government & Transportation
16.8 Others
17 Kuwait Air Conditioner Regional Market Overview
17.1 Kuwait City
17.2 Other Cities
18 Competitive Landscape
19 Company Profile
19.1 Carrier Kuwait Air Conditioning K.S.C
19.2 Daikin McQuay Middle East and Africa FZE
19.3 Fawaz Refrigeration & Air Conditioning Company W.L.L
19.4 Fujitsu General(ME) FZE
19.5 GREE Electric Appliances Inc.
19.6 Johnson Controls(York).
19.7 LG Electronics, Inc
19.8 Samsung Gulf Electronics Co. Ltd.
19.9 S.K.M Air Conditioning LLC
19.1 Trane Kuwait Air Conditioning Company WLL
20 Key Strategic Pointers
21 Disclaimer
List of Figures
Figure 1 GCC Air Conditioners Market Revenues, 2010-2014 ($ Billion)
Figure 2 GCC Air Conditioners Market Revenues, 2015-2021 ($ Billion)
Figure 3 GCC Air Conditioners Market Revenue Share, By Country (2014)
Figure 4 GCC Air Conditioners Market Revenue Share, By Country (2021)
Figure 5 Kuwait Air Conditioners Market Revenues, 2010-2014 ($ Million)
Figure 6 Kuwait Air Conditioners Market Revenues, 2015-2021 ($ Million)
Figure 7 Industry Life Cycle
Figure 8 Mark-tunity Matrix
Figure 9 Kuwait Air Conditioners Market Revenue Share, By Type (2014)
Figure 10 Kuwait Air Conditioners Market Revenue Share, By Type (2021)
Figure 11 Kuwait Air Conditioners Market Revenues, By Region, (2014 & 2021)
Figure 12 Kuwait Air Conditioners Market Revenues Share, By End User Application (2014)
Figure 13 Kuwait Air Conditioners Market Revenues Share, By End User Application (2021)
Figure 14 Kuwait IT Spending, 2013-21 ($ Billion)
Figure 15 Average Selling Prices For Air Conditioners, 2010-2021 ($ USD per Product)
Figure 16 Kuwait Window Air Conditioners Market Revenues & Volume (2010-2014)
Figure 17 Kuwait Window Air Conditioners Market Revenues & Volume (2015-2021)
Figure 18 Kuwait Split Air Conditioners Market Revenues & Volume (2010-2014)
Figure 19 Kuwait Split Air Conditioners Market Revenues & Volume (2015-2021)
Figure 20 Kuwait Ducted Split Air Conditioners Market Revenues & Volume (2010-2014)
Figure 21 Kuwait Ducted Split Air Conditioners Market Revenues & Volume (2015-2021)
Figure 22 Kuwait Packaged Air Conditioners Market Revenues & Volume (2010-2014)
Figure 23 Kuwait Packaged Air Conditioners Market Revenues & Volume (2015-2021)
Figure 24 Kuwait Free Standing Air Conditioners Market Revenues & Volume (2010-2014)
Figure 25 Kuwait Free Standing Air Conditioners Market Revenues & Volume (2015-2021)
Figure 26 Kuwait Cassette Air Conditioners Market Revenues & Volume (2010-2014)
Figure 27 Kuwait Cassette Air Conditioners Market Revenues & Volume (2015-2021)
Figure 28 Kuwait Centralized Air Conditioners Market Revenues (2010-2014)
Figure 29 Kuwait Centralized Air Conditioners Market Revenues (2015-2021)
Figure 30 Kuwait Centralized Air Conditioners Market Share, By Type (2014 & 2021)
Figure 31 Kuwait Centralized Air Conditioners Market Revenues, By Chilling Unit, 2010-2021 ($ Million)
Figure 32 Kuwait Centralized Air Conditioners Market Revenues, By AHU, 2010-2021 ($ Million)
Figure 33 Kuwait Centralized Air Conditioners Market Revenues, By Other Component, 2010-2021 ($ Million)
Figure 34 Kuwait Air Conditioners Market Revenues, By Residential Sector, 2010-2021 ($ Million)
Figure 35 Kuwait Air Conditioners Market Revenues, By Hospitality Sector, 2010-2021F ($ Million)
Figure 36 Kuwait Hospitality Sector Revenues, 2010-2021F ($ Million)
Figure 37 Different Components of Travel & Tourism and their contribution to GDP (2013)
Figure 38 Kuwait Air Conditioners Market Revenues, By Retail Sector, 2010-2021F ($ Million)
Figure 39 Kuwait Retail Market Revenues, 2010-2021F ($ Billion)
Figure 40 Kuwait Air Conditioners Market Revenues, By Health Care Sector, 2010-2021F ($ Million)
Figure 41 Kuwait Air Conditioners Market Revenues, By Commercial Offices, 2010-2021F ($ Million)
Figure 42 Kuwait Air Conditioners Market Revenues, By BFSI Sector, 2010-2021F ($ Million)
Figure 43 Kuwait Air Conditioners Market Revenues, By Govt. & Transportation, 2010-2021F ($ Million)
Figure 44 Kuwait Air Conditioners Market Revenues, By Other Sector, 2010-2021F ($ Million)
Figure 45 Kuwait Air Conditioners Market Revenues, By Kuwait City, 2010-2021F ($ Million)
Figure 46 Kuwait Air Conditioners Market Revenues, By Other Cities, 2010-2021F ($ Million)
Figure 47 Kuwait Air Conditioners Market Share, By Company, 2014
List of Tables
Table 1 Kuwait Major Construction Projects
Table 2 Electrically Operated Air Conditioners, and Packaged Units - Efficiency Requirement
Table 3 Kuwait Top 10 Projects
Table 4 Kuwait Window Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 5 Kuwait Split Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 6 Kuwait Ducted Split Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 7 Kuwait Packaged Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 8 Kuwait Free Standing Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 9 Kuwait Cassette Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 10 Kuwait Centralized Air Conditioners Companies Market Ranking, By Revenues (2014)
Table 11 Kuwait Residential Township Projects
Table 12 Kuwait Healthcare Projects
Table 13 Kuwait Construction Projects Value, By Vertical
Table 14 Kuwait University -Sabah Al Salem University Campus Projects
Table 15 Daikin Industries Ltd. Financial Statement, 2011-2015 ($ Billion)
Table 16 Fujitsu General Ltd. Financial Statement, 2011-2015 ($ Billion)
Kuwait Air Conditioner market is growing slowly as compared to other GCC regions. Kuwait's vision is to become the commercial and financial hub of the Middle East region by 2035. This plan envisages intensifying growth in the Kuwait air conditioner market as the government is investing huge capital in the construction industry in order to execute the 2035 plan. Megaprojects are in pipeline includes Shadadiyah University Campus, Silk City, various housing projects, Kuwait Metro, and many more which would spur the air conditioner market in the country.