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

Saudi Arabia Biometrics Market (2018-2024)

Market Forecast By Technology (Fingerprint, Facial, Iris, Hand/Palm, Multimodal, Voice, Vein and Other Biometrics), By Applications (Time & Attendance, Access control and Record Keeping), By Verticals (Government & Transportation, Healthcare & Hospitality, Commercial Office...

Read More

India Cable Tray Market (2018-2024)

Market Forecast By Material (Aluminium, Steel, Stainless Steel and FRP including Fiber Reinforced Palastic), By Types (Ladder, Solid Bottom, Trough & Perforated, Channel, Wire Mesh and Single Rail), By Thickness (Below 1.5 mm, 1.5 - 2.5 mm and Above 2.5 mm)...

Read More

Saudi Arabia Thermostats, Valves & Actuators and Damper Actuators Market (2014-2024)

Market Forecast By Thermostats (By Types (Standalone and Communicating), By Technology (Wired and Wireless)), By Valves & Actuators (Multi-Turn (Ball Valves, Butterfly Valves, Plug Valves, Spherical Valves and Others), Quarter-Turn (Gate Valves, Globe Valves...

Read More

Sudan & South Sudan Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Iraq Air Conditioner Market (2018-2024)

Market Forecast By Product Type ( Room AC ( Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Ethiopia Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Indonesia 1,000 kVA - 2,500 kVA High Speed Gas Genset Market (2018-2024)

Market Forecast By Types (Standby Power and Continuous/Prime Power), By KVA Rating (1,000 kVA to 1,500 kVA and 1,500.1 kVA to 2,500 kVA), By Applications (Industrial, Commercial, Agriculture and Oil & Gas), By Regions (Java-Bali, Sumatra, Kalimantan, Sulawesi...

Read More

Global Water Mist Fire Protection Systems Market (2018-2024)

Market Forecast By Pressure (Low Pressure (< 12.1 bar), Intermediate Pressure (12.1 - 35 bar) and High Pressure (> 35 bar), By Types (Wet Pipe, Dry Pipe, Deluge and Pre-Action), By Applications (Residential, Commercial, Transportation Infrastructure, Data Center...

Read More

Indonesia High Speed Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5 kVA-500 kVA, 501 kVA-1000 kVA and 1001 kVA-3000 kVA), By Types (Standby and Continuous/Prime), By Applications (Commercial, Residential, Industrial, Critical Applications, Infrastructure, Agriculture, Power Utilities and Others), By Regions...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events