Product Code: ETC017041 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar refrigeration and heating equipment market is expected to grow at a considerable CAGR during the forecast period 2025-2031. The country has emerged as one of the leading importers of HVAC products in the region due to its high per capita income, growing population, and increasing economic activities. The rising demand for energy efficient systems such as heat pumps and air conditioners are driving growth in the refrigeration & heating equipment market in Qatar.
Growing awareness about energy efficiency among consumers is driving demand for air conditioners with higher SEER ratings, leading to an increase in sales of advanced central AC units across Qatar. This trend will be further accelerated by government initiatives such as mandatory installation of minimum SEER-rated systems across all residential buildings within three years from 2025 onwards. The rapid urbanization taking place in major cities like Doha is boosting construction activity resulting in increased adoption of HVAC solutions across commercial establishments including offices, malls, shops, etc., thus propelling the growth of the Qatar Refrigeration & Heating Equipment Market over the coming years. Major players operating in this market have been expanding their presence through new product launches and collaborations with local distributors thus creating opportunities for sustained revenue generation over a long-term horizon.
Despite significant advances made by key players towards the development of technologically efficient yet cost effective solutions,the high costs associated with installation & maintenance services continue to remain a major challenge inhibiting mass-scale adoption amongst end users. Majority after sales support provided by manufacturers fails to meet expectations causing dissatisfaction among customers which eventually impacts overall revenues generated from these regions negatively.
Some prominent vendors operating within this space include Daikin Industries Ltd, Mitsubishi Electric Corporation, Samsung Electronics Co.,Ltd., LG Electronics Inc., United Technologies Corporation(Carrier), Fujitsu General Limited, Midea Group Co,. Ltd.(KUKA AG) amongst others.
The refrigeration and heating equipment market in Qatar experienced a mixed impact due to the COVID-19 pandemic. Initially, with the closure of restaurants and hospitality establishments, the demand for refrigeration equipment declined. However, the market for heating equipment saw some growth as people spent more time at home during lockdowns. As the hospitality sector reopened and consumer confidence improved, the market began to stabilize and recover.
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 Qatar Refrigeration and Heating Equipment Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Refrigeration and Heating Equipment Market - Industry Life Cycle |
3.4 Qatar Refrigeration and Heating Equipment Market - Porter's Five Forces |
3.5 Qatar Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipments, 2021 & 2031F |
3.6 Qatar Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2021 & 2031F |
3.7 Qatar Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2021 & 2031F |
3.8 Qatar Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2021 & 2031F |
4 Qatar Refrigeration and Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Refrigeration and Heating Equipment Market Trends |
6 Qatar Refrigeration and Heating Equipment Market, By Types |
6.1 Qatar Refrigeration and Heating Equipment Market, By Heating equipments |
6.1.1 Overview and Analysis |
6.1.2 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Heating equipments, 2021-2031F |
6.1.3 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Heating Pumps, 2021-2031F |
6.1.4 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Furnaces, 2021-2031F |
6.1.5 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Boilers, 2021-2031F |
6.1.6 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Space heaters, 2021-2031F |
6.1.7 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Unitary heaters, 2021-2031F |
6.1.8 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Refrigeration and Heating Equipment Market, By Cooling Equipments |
6.2.1 Overview and Analysis |
6.2.2 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Cooling towers, 2021-2031F |
6.2.3 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Chillers, 2021-2031F |
6.2.4 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Coolers, 2021-2031F |
6.2.5 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Air conditioners , 2021-2031F |
6.2.6 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.3 Qatar Refrigeration and Heating Equipment Market, By General Components |
6.3.1 Overview and Analysis |
6.3.2 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Condensers, 2021-2031F |
6.3.3 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Compressors, 2021-2031F |
6.3.4 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Radiators, 2021-2031F |
6.3.5 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Sensors, 2021-2031F |
6.3.6 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Transducers, 2021-2031F |
6.3.7 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.4 Qatar Refrigeration and Heating Equipment Market, By End-User Industries |
6.4.1 Overview and Analysis |
6.4.2 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Healthcare Industry, 2021-2031F |
6.4.5 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Educational and government institutions , 2021-2031F |
6.4.6 Qatar Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Qatar Refrigeration and Heating Equipment Market Import-Export Trade Statistics |
7.1 Qatar Refrigeration and Heating Equipment Market Export to Major Countries |
7.2 Qatar Refrigeration and Heating Equipment Market Imports from Major Countries |
8 Qatar Refrigeration and Heating Equipment Market Key Performance Indicators |
9 Qatar Refrigeration and Heating Equipment Market - Opportunity Assessment |
9.1 Qatar Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipments, 2021 & 2031F |
9.2 Qatar Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2021 & 2031F |
9.3 Qatar Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2021 & 2031F |
9.4 Qatar Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2021 & 2031F |
10 Qatar Refrigeration and Heating Equipment Market - Competitive Landscape |
10.1 Qatar Refrigeration and Heating Equipment Market Revenue Share, By Companies, 2024 |
10.2 Qatar Refrigeration and Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |