Bahrain Air Conditioner (AC) Market (2021-2027) | Forecast, Size, Trends, Growth, Outlook, Revenue, Analysis, Share, Industry, Segmentation & COVID-19 IMPACT

Bahrain Air Conditioner (AC) Market | Country-Wise Share and Competition Analysis

Bahrain Air Conditioner (AC) Market - Export Market Opportunities

Latest 2023 Developments of the Bahrain Air Conditioner (AC) Market

The Bahrain Air Conditioner (AC) Market is one of the fastest-growing and most prominent markets in the country with a number of large-scale construction projects underway, which led to a rise in demand for air conditioning units in both commercial and residential buildings. The government of the nation is encouraging shift towards energy-efficient technologies, which includes air conditioning systems. These types of air conditioners help in reducing overall energy costs. In the country, smart ACs have become increasingly popular, with a number of businesses and homeowners adopting these systems and such systems use smart technology in order to optimize energy usage, provide remote access as well as control, and monitor air quality. Investment in renewable energy from the government led to a rise in demand for solar-powered AC units and it can help in minimizing environmental impact and reduce energy costs.

Topics Covered in the Report Bahrain Air Conditioner (AC) Market

The Bahrain Air Conditioner (AC) Market report thoroughly covers the market by type and application. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bahrain Air Conditioner (AC) Market is projected to grow over the coming years. Bahrain Air Conditioner (AC) Market report is a part of our periodical regional publication Middle East Air Conditioner (AC) Market Outlook report. 6W tracks the air conditioner market for over 60 countries with individual country-wise market opportunity assessments and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.

Bahrain Air Conditioner (AC) Market Synopsis

Bahrain Air Conditioner (AC) Market is projected to grow over the coming years attributed to the Rising construction activities as well as the growing population of the country. The government initiatives to improve energy efficiency and reduce carbon emissions are creating a number of growth opportunities in the sector.

According to 6Wresearch, Bahrain Air Conditioner Market grew by 2.3% in 2017- 2020 and is expected to grow at a CAGR of 5.1% during 2021- 2027. Bahrain occupies the 8th position in terms of the market size in the Middle East Air Conditioner Market. Bahrain has a tropical climate with high humidity and temperature levels, which creates a high demand for air conditioners in the country in both commercial and residential sectors. The government of Bahrain is taking a number of initiatives to improve energy efficiency and reduce carbon emissions which help in creating many growth opportunities in the sector. In the country, smart ACs have become increasingly popular, with a number of businesses and homeowners adopting these systems and such systems use smart technology in order to optimize energy usage, provide remote access as well as control, and monitor air quality. With the rising demand for air conditioners, the number of players operating their business in the sector is also growing. The competition will become more intense in the years to come. Some key players that add value to the market are Samsung Electronics Co. Ltd., Toshiba Corporation, Panasonic Corporation, Carrier Corporation, LG Electronics Inc., Daikin Industries Ltd., Midea Group Co. Ltd., and Sharp Corporation.

COVID-19 Impact on Bahrain Air Conditioner (AC) Market

There was a massive reduction in demand for air conditioners when the pandemic hit the Bahrain Air Conditioner (AC) Industry as a number of public places and businesses were closed or were operating at reduced capacity, and this affected the demand for air conditioning units in both public and commercial buildings. Delays in many conduction projects also led to challenges for the market. Several construction projects were delayed which led to a decrease in demand for air conditioners. The COVID-19 pandemic caused disruptions to the supply chain, which affected the availability of air conditioner parts and components and this caused delays in installations as well as repairs.

Key Players Operating in Bahrain Air Conditioner (AC) Market

Some of the well-established players in the Bahrain Air Conditioner (AC) Market include:

• Carrier Corporation
• Daikin Industries Ltd.
• LG Electronics Inc.
• Midea Group Co. Ltd.
• Panasonic Corporation
• Samsung Electronics Co. Ltd.
• Sharp Corporation
• Toshiba Corporation

Market by Type

In terms of types, Centralized Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all types.

Market by Application

In terms of application, Commercial & Retail dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020.
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Bahrain Air Conditioner Market Outlook
• Market Size of Bahrain Air Conditioner Market, 2020
• Forecast of Bahrain Air Conditioner Market, 2027
• Historical Data and Forecast of Bahrain Air Conditioner Revenues & Volume for the Period 2017 - 2027
• Bahrain Air Conditioner Market Trend Evolution
• Bahrain Air Conditioner Market Drivers and Challenges
• Bahrain Air Conditioner Price Trends
• Bahrain Air Conditioner Porter's Five Forces
• Bahrain Air Conditioner Industry Life Cycle
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Healthcare for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Hospitality for the Period 2017 - 2027
• Historical Data and Forecast of Bahrain Air Conditioner Market Revenues & Volume By Others for the Period 2017 - 2027
• Bahrain Air Conditioner Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Bahrain Air Conditioner Top Companies Market Share
• Bahrain Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
• Bahrain Air Conditioner Company Profiles
• Bahrain Air Conditioner Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Room Air Conditioner
• Ducted Air Conditioner
• Ductless Air Conditioner
• Centralized Air Conditioner

By Application

• Residential
• Healthcare
• Commercial & Retail
• Transportation & Infrastructure
• Hospitality
• Others

Bahrain Air Conditioner (AC) Market: FAQs