6wresearch logo

Kuwait Air Conditioners (AC) Market (2016-2022)-6Wresearch

September 20, 2016

The market for air conditioners in Kuwait has registered stagnant growth in last few years and is anticipated to remain flat during 2016-22. Further, with falling international oil prices effect on the government investments and infrastructure development can be witnessed in the country. Post 2017, oil prices are expected to recover which would add to the growth of both public & private infrastructures thereby driving the momentum of air conditioners market in Kuwait.

According to 6Wresearch, Kuwait air conditioners market is forecast to grow at a CAGR of 4.45% during 2016-22. Kuwait's government has planned to build its infrastructures through public private partnerships (PPPs) with an investment of $116 billion, which are expected to be invested in the next five years.

According to Rajat Kharbanda, Senior Consultant, Research and Consulting, 6Wresearch, "in overall Kuwait's air conditioner market, centralized air conditioner segment has captured major share of the market pie and is expected to maintain its market leadership throughout the forecast period.

Over the next six years, ducted air conditioners segment is exhibited to grow at fastest growth rate attributed to the demand for ceiling concealed and roof top packaged units," Rajat further added.

According to Avishrant Mani, Senior Research Analyst, Research and Consulting, 6Wresearch," expansion of airport and develop metro network are the key planned public infrastructure projects, wherein for the construction of metro alone around $20 billion would be spent.

Moreover, a new city has been proposed known as "Silk City" with an investment of $94 billion, which would host new airport, business centers, housing societies, and tourist attractions. These infrastructure expansion activities are expected to fuel the market for air conditioners in Kuwait",Avishrant concluded.

The key players in Kuwait's air conditioners market are namely- York, SKM, Carrier, Trane, Daikin, LG, RIC, LG, Samsung, Gree and Fujitsu General.

"Kuwait Air Conditioners Market (2016-2022)" provides in-depth analysis with 43 figures and 16 tables covered in more than 120 pages. The report estimates and forecast overall Kuwait air conditioners market by revenue, volume, types of air conditioners and end user applications such as residential, healthcare, retail & commercial offices, oil & gas, government & transportation, hospitality and others. The report also gives the insights on market share by companies, company profiles, market drivers and restraints.

Media Source: Industry Today

      Browse More Report

India Telecom Tower Power Systems Market (2017-23)

Market Forecast By Types (Reliable Grid (Diesel Genset and Batteries (Lead Acid and Lithium Ion (Solar), Unreliable Grid (Diesel Genset and Batteries (Lead Acid and Lithium Ion (Solar), Off Grid (Diesel Genset and Batteries (Lead Acid ( Solar)), By Regions...

Read More

India Servo Motors and Drives Market (2017-23)

Market Forecast By Servo Motors and Drive Types (Servo Motors (AC Servo Motors, DC Brushless Motors, Brushed DC Motors and Linear Servo Motors), Servo Drives (AC Servo Drive and DC Servo Drive)), By Voltage Range (Low Voltage and Medium Voltage), By Communication Protocol (Fieldbus and Industrial Ethernet), By Brake Type...

Read More

Pakistan Air Conditioner Market (2017-2023)

Market Forecast By Type (Window AC, Spilt AC, Floor Standing, Cassette, Suspended, Packaged, Ceiling Concealed/ Ducted Split, Centralized, Chiller, VRF, AHU/FCU), By Applications (Residential, Commercial Buildings & Retail, Government & Transportation...

Read More

India Submersible Pumps Market (2017-2023)

Market Forecast By Types (Openwell Submersible Pumps and Borewell Submersible Pumps), By Applications (Agriculture, Residential & Commercial and Industrial), By Industry (Construction, Oil & Gas, Water & Sewage, Chemical, Power Utilities, Mining and Others), By Regions...

Read More

India Diesel Engine Market (2018-23)

Market Forecast By Types (≤30 Hp, 31-100 Hp, 101-160 Hp, 161-200 Hp, 200-5000 Hp and Above 5000 Hp), By Applications (Agricultural, Automotive, Power, Construction Equipment and Industrial), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Read More

GCC Digital Signage Market (2017-2023)

Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size...

Read More

India Fire Safety Systems and Equipment Market (2017-2023)

Market Forecast By Type (Fire Fighting Systems & Equipment (Fire Extinguishers (Dry Chemical, CO2, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Suppression Systems (Clean Agent (FM 200, Novec), Carbon Dioxide, Wet Chemical Fire and Dry Chemical)...

Read More

Oman Air Conditioner Market (2017-2023)

Market Forecast By Types (Window AC, Spilt AC, Floor Standing, Cassette Type, Ducted Split/Ceiling Concealed, Packaged and Centralized (Chiller, VRF, AHU/FCU and Others)), By Applications (Residential, Healthcare, Commercial Buildings & Retail, Government...

Read More


Our Key Clients
6wreserach client list