Top 10 Air Conditioner (AC) Market leader in GCC | Manufacturers & Suppliers 2024

GCC Air Conditioner Market Companies Analysis

The GCC air conditioning (ac) market has been experiencing prominent growth over the years. As a result, numerous international as well as regional players have entered the industry to capitalize on the occasions presented by this rising demand. The leading players in the market have been implementing numerous strategies with the purpose in mind to maintain their foremost position in the industry. Companies have been focusing on increasing their sales network and expanding their production capacity in order to meet the flourishing requirement for air conditioners that are energy-efficient. The players in the market also collaborate with local distributors and this strategy helps them to strengthen their presence in the major markets. 

Companies in the market have been launching a range of products that are more energy-efficient and eco-friendly. Key players are also investing in R&D to develop innovative cooling technologies that are more environmentally friendly and efficient. The GCC air conditioning market will expand more in the years to come since it is projected to rise at a CAGR of 4.7% during 2019–2025F.

List of Leading Companies in the GCC Air Conditioner Market

Carrier Corporation

Carrier Corporation is a subsidiary of United Technologies Corporation. The company provides heating, ventilating and air conditioning (HVAC) systems, equipment and services for the residential, retail, transport and food service customers. The company has its regional presence in Saudi Arabia, Qatar and other GCC countries. The company’s air-conditioning products include room air-conditioning systems, packaged air-conditioning systems, air-cooled condensers, water chillers, air-handling units, fan coils, VRFs, etc. 

Fujitsu General Ltd.

Fujitsu General Ltd. was established in the year 1936 as Yaou Shoten Ltd. in Tokyo, Japan. Company’s business line includes product & component development, manufacturing, sales and services for air conditioners. In the year 1998, sales company, Fujitsu General (Middle east) FZE was established in Dubai UAE for operation in the entire Middle East and Africa regions. Fujitsu General is a manufacturer of air conditioning and humidity control solutions under the General & Fujitsu brands.

Zamil Air Conditioners

Zamil Air Conditioner is a subsidiary of Zamil Industrial which manufactures & supplies air conditioners. The company offers complete range of room air conditioners to packaged units to large chillers for residential, commercial and industrial applications. ZAC’s two main manufacturing units are located in Dammam, Saudi Arabia and  production facilities in Italy and India. The company manufactures more than 900,000 air conditioners per annum and supplies air conditioning products to over 55 countries across the world.

S.K.M Air Conditioning LLC

S.K.M Air Conditioning headquartered at Sharjah, United Arab Emirates, offers a broad portfolio of premium products, providing solutions for various organizations and government bodies across GCC, Middle East & Africa and other countries of the world. The company has a regional office present in Saudi Arabia, UAE, Qatar and other middle-eastern countries. The company manufactures HVAC equipments and offers AHU, Chillers, Packaged Units, Condensing units, Spilt Units, Decorative Units, FCU, Swim pool Units and Ducted Mini Split System in the air conditioning segment. 

Daikin Industries, Ltd.

Daikin Industries, Ltd. is a manufacturer of air-conditioning and refrigeration equipment, and chemical products. The company has sales offices in Saudi Arabia, UAE, Qatar, Kuwait and other middle-eastern countries. The company’s air-conditioning products include room air-conditioning systems, air purifiers, packaged air-conditioning systems, multiple air-conditioning systems, water chillers, air-handling units, air filters, industrial dust collectors. 

Mitsubishi Electric Corporation

Mitsubishi Electric Corporation was established in the year 1921 and is headquartered in Chiyoda, Tokyo, Japan and has a regional office present in Saudi Arabia, UAE and other GCC countries. In the home appliances business vertical, the company provides room air conditioners, package air conditioners, chillers, air purifiers, air-to-water heat pump boilers, LED lamps, televisions and others.

LG Electronics, Inc.

LG Electronics, Inc. was established in the year 1958 and is headquartered in Seoul, South Korea and has a regional office present in Saudi Arabia, UAE and other GCC countries. The company manufactures and sells consumer electronics, mobile communications, and home appliances worldwide such as air conditioners, which include VRVs, split and window air conditioners, built-in appliances, air purifiers, and dehumidifiers globally. 

Trane Inc.

Trane Inc. is a subsidiary of Ingersoll Rand. The company is a manufacturer of heating, ventilating and air conditioning systems and building management systems and controls. The company has a regional office present in Indonesia, Vietnam and other South-East Asian countries. The company offers heating and cooling products which include air conditioners, air handlers, coils, packaged systems, and ductless systems and HVAC system add-on components. Trane Inc. serves building owners and their construction agents in various markets, including education, government, industrial and manufacturing. 

Gree Electric Appliances, Inc. 

GREE Electric Appliances Inc. is a China based multinational appliances manufacturer headquartered in Zhuhai, Guangdong. Gree has eight manufacturing units in China, Vietnam, Pakistan and Brazil. The company has its regional presence in Saudi Arabia, Bahrain and other GCC countries. The company product line includes residential air conditioners, central air conditioners, intelligent equipment, home appliances, air source water heaters, smart phones, refrigerators, etc.

Johnson Controls, Inc. 

Johnson Controls operates in three core business areas – Building Efficiency, Batteries & Energy Storage and Automotive Seating. The company has a regional office present in Indonesia, Thailand and other South-East Asian countries. The company offers HVAC equipments such as chillers, Air Systems, packaged and split DX systems and VRFs as well as security & building management systems under its building efficiency division.

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