6wresearch logo
6wresearch discount on market reports

Qatar air-conditioner market growth to top 13pc

July 07, 2015

Qatar's air-conditioner market is projected to grow at a CAGR of 13.42 per cent during 2015-21 with the big boost coming from the 2022 Fifa World Cup, a report said.

The country is renovating and building new stadiums and would also be installing very powerful air-conditioners in entire stadiums to enhance the ambient temperature during the international sporting event, explained the report entitled Qatar Air Conditioner (2015-2021) released by 6Wresearch, a global market research and consulting firm.

The country has planned to build nine new stadiums and upgrade three stadiums. Upgradation and construction of new stadiums would create fresh demand for air-conditioners in the country. Further, to accommodate the visitors in the country, construction of several new hotels have been planned.

For this event, more than $300 billion is expected to be invested in Qatar to build the supporting infrastructure. Mega construction activities in the areas of hospitality, retail, healthcare, transportation, and leisure and entertainment would create huge opportunities for air-conditioner players in the country.

Avishrant Mani, senior research analyst, Research and Consulting, 6Wresearch, said: "In the forecast period, the market is projected to grow on account of mega construction projects in Al-Daayen, Al-Khor, Al-Rayyan, Al-Shamal, Al-Wakrah, Doha and Umm Slal regions."

"Some of the key projects include Airport City, New Doha Port, Doha Metro, Energy City and Msheireb Downtown Doha. These projects would add to the growth of centralised air conditioners.

"High consumption of energy in Qatar has forced the government to put stringent regulations on air-conditioner manufacturers to manufacture energy-efficient units with minimum three stars rating feature. In Qatar, centralised and split air-conditioners have driven the growth of the overall market; however, the market share of window air-conditioners is expected to decline in the coming years," Mani added.

Amongst all the applications, residential application captured the largest share of the market and is expected to maintain its dominance through the forecast period; whereas, retail and hospitality applications are expected to witness key growth over the next six years, the report said. -TradeArabia News Service

Media Source: TRADEARABIA

      Browse More Report

India Edge Server Market (2018-2024)

Market Forecast By Types (Rack Server, Blade Server and Tower Server), By Topologies (Consolidated Edge Topology and Single Site Edge Topology), By Edge Services (Access Edge Service, A/V Edge Service and Web Conferencing Edge Service), By End User Verticals (BFSI, Government, Telecommunication, Commercial Offices & IT/ITes and Others...

Read More

UAE Commercial Vehicle Telematics Market (2018-2024)

Market Forecast By Vendor Types (OEM and Aftermarket), By Sectors (Construction & Infrastructure, Logistics, Government & Infrastructure, Transportation and Others), By Commercial Vehicle Types (Light Duty Commercial Vehicle...

Read More

Saudi Arabia Pillow Market (2018-2024)

Market Forecast By Types (Microfiber, Down & Feather, Foam & Memory Foam and Others), By Applications (Residential and Commercial), By Regions (Central, Western, Eastern and Southern), By Distribution Channels (Hyper Markets & Super Markets, Specialist Retailers and Others...

Read More

Middle East Fire Safety Systems and Equipment Market (2018-2024)

By Types (Fire Fighting Systems and Equipment (Fire Extinguishers (CO2, Dry Chemical, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Suppression Systems (Inert Agent, Halocarbon Agent, Carbon Dioxide, Wet Chemical Fire and Dry Chemical), Fire Sprinkler Systems...

Read More

Saudi Arabia Cable Tray Market (2018-2024)

Market Forecast By Materials (Aluminum, Steel and Stainless Steel), By Types (Ladder, Solid Bottom, Trough & Perforated, Channel, Wire Mesh and Single Rail), By Applications (Power Utilities, Construction, Industrial and Others), By Regions...

Read More

UAE Augmented and Virtual Reality Market (2017-2023)

Market Forecast By Type (Head Mounted Display, Head-Up Display, Smart Glass and Mobile Devices), By Verticals (Entertainment, Commercial, Automotive and Others), By Regions (Northern Emirates and Southern Emirates) and Competitive Landscape

Read More

Europe Lithium Ion Battery Market (2018-2024)

Market Forecast By Power Capacities (5-25 Wh, 48-95 Wh, 15-99 KWh, 100-250 KWh and Above 300 KWh), By Components (Cathode, Anode, Electrolytic Solution and Others), By Materials (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate and Others...

Read More

India Air Purifier Market (2018-2024)

Market Forecast By Segments (Car and Room), By Types (Type I: HEPA + Carbon, Type II: HEPA + Carbon + Ionizer, Type III: HEPA + Carbon+ UV, Type IV: HEPA + Carbon + Electrostatic, Type V: HEPA + Carbon + Ionizer+ UV + Electrostatic and Type VI: Other Technologies...

Read More

Saudi Arabia Road Assistance and Vehicle Service Market (2018-2024)

Market Forecast By Package Type (Basic Package and Custom Package), By Regions (Central Region, Northern Region, Western Region and Southern Region) and Competitive Landscape

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events