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: ETC090096 | Publication Date: Aug 2021 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Pakistan Air Conditioner (AC) 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.
Pakistan’s air conditioning market is growing rapidly, with increasing demand for air conditioners in due to increasing disposable income and population growth. Also, the growing expansion of commercial and retail sectors is driving the need for the installation of air conditioners.
According to 6Wresearch, the Pakistan Air Conditioner (AC) Market size is forecasted to grow at an annual rate of 4.7% during the forecast period 2024-2030. The market growth is driven by various factors such as increasing population, rapid urbanization, and increasing income levels people have also contributed to the industry’s growth. Moreover, the growing comfortable lifestyle, especially in the urban areas, has further surged the demand for air conditioners. Despite the growth potential, the Pakistan air conditioner industry consists of several challenges. Such as the lack of awareness among the population regarding energy-efficient models inadequate installation and high maintenance charges for air conditioners can lead to an increase in repair costs and a lower lifespan of the equipment. Nevertheless, the an increasing preference for inverter technology and smart air conditioners due to their energy efficient aspect. Smart air conditioners are also growing due to their unique features like remote control features and compatibility with app technology, which allows consumers to set and adjust the temperature of their AC units right from their smartphones.
Pakistan Air Conditioner (AC) Market share is estimated to secure a double-digit rate with several favourable government initiatives to stimulate Pakistan's air conditioner market growth. The government has stimulated the use of inverter ACs, as they are more energy-efficient, making them the preferred choice. The country's Ministry of Energy has also formulated a National Energy Efficiency and Conservation policy, which aims to create awareness among the population about energy-efficient technologies used in ACs.
Pakistan air conditioner market is majorly operated by certain key players- Gree, Haier, and Orient. All these companies are investing in R&D to offer unique features and better efficiency to cater to the growing demand.
According to Dhaval, Research Manager, 6Wresearch, the commercial and retail sector is the only application segment that is growing in the air conditioning market, driven by the growing construction of commercial spaces such as offices, hotels, and shopping malls.
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 Pakistan Air Conditioner Market Overview |
3.1 Pakistan Country Macro Economic Indicators |
3.2 Pakistan Air Conditioner Market Revenues & Volume, 2020 & 2030F |
3.3 Pakistan Air Conditioner Market - Industry Life Cycle |
3.4 Pakistan Air Conditioner Market - Porter's Five Forces |
3.5 Pakistan Air Conditioner Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Pakistan Air Conditioner Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Pakistan Air Conditioner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Pakistan Air Conditioner Market Trends |
6 Pakistan Air Conditioner Market, By Types |
6.1 Pakistan Air Conditioner Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Pakistan Air Conditioner Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Pakistan Air Conditioner Market Revenues & Volume, By Room Air Conditioner, 2020 - 2030F |
6.1.4 Pakistan Air Conditioner Market Revenues & Volume, By Ducted Air Conditioner, 2020 - 2030F |
6.1.5 Pakistan Air Conditioner Market Revenues & Volume, By Ductless Air Conditioner, 2020 - 2030F |
6.1.6 Pakistan Air Conditioner Market Revenues & Volume, By Centralized Air Conditioner, 2020 - 2030F |
6.2 Pakistan Air Conditioner Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Pakistan Air Conditioner Market Revenues & Volume, By Residential, 2020 - 2030F |
6.2.3 Pakistan Air Conditioner Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.2.4 Pakistan Air Conditioner Market Revenues & Volume, By Commercial & Retail, 2020 - 2030F |
6.2.5 Pakistan Air Conditioner Market Revenues & Volume, By Transportation & Infrastructure, 2020 - 2030F |
6.2.6 Pakistan Air Conditioner Market Revenues & Volume, By Hospitality, 2020 - 2030F |
6.2.7 Pakistan Air Conditioner Market Revenues & Volume, By Others, 2020 - 2030F |
7 Pakistan Air Conditioner Market Import-Export Trade Statistics |
7.1 Pakistan Air Conditioner Market Export to Major Countries |
7.2 Pakistan Air Conditioner Market Imports from Major Countries |
8 Pakistan Air Conditioner Market Key Performance Indicators |
9 Pakistan Air Conditioner Market - Opportunity Assessment |
9.1 Pakistan Air Conditioner Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Pakistan Air Conditioner Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Pakistan Air Conditioner Market - Competitive Landscape |
10.1 Pakistan Air Conditioner Market Revenue Share, By Companies, 2023 |
10.2 Pakistan Air Conditioner Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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: ETC090096 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Pakistan Air Conditioner (AC) Market is projected to grow over the coming years. Pakistan Air Conditioner (AC) Market report is a part of our periodical regional publication Asia Pacific Air Conditioner (AC) Market outlook report. 6W tracks air conditioner market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.
Pakistan Air Conditioner Market grew by 1.1% in 2017- 2020 and is expected to grow at a CAGR of 7.7% during 2021- 2027. Pakistan occupies 9th position in terms of the market size in the APAC Air Conditioner Market.
In terms of market by types, Room Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years. However, Centralized Air Conditioner is expected to have the fastest growth rate among all types.
In terms of application, Residential dominates the market and is expected to remain in a dominant position in the coming years. However, Commercial & Retail is expected to have the fastest growth rate among all applications.
In terms of components, VRF dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all components.
Pakistan Air Conditioner Market report comprehensively covers the market by types, applications, and regions. The Pakistan Air Conditioner Market outlook report provides an unbiased analysis of the ongoing Pakistan Air Conditioner 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.