Oman Air Conditioner Market (2023-2029) | Industry, Size, Growth, Analysis, Revenue, Share, Trends, Value, Outlook, Segmentation & COVID-19 IMPACT

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

In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 10.58% over previous year. While Thailand registered a decline of -25.54% over previous year. While in 2017 China was the largest exporter followed by United Arab Emirates. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Oman has Herfindahl index of 2650 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of  5588 which signifies high concentration in the market

Oman Air Conditioner (AC) Market - Export Market Opportunities

Topics Covered in the Oman Air Conditioner (AC) Market

Oman Air Conditioner (AC) Market report thoroughly covers the market by type and by application. The market outlook 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.

Oman Air Conditioner (AC) Market is projected to grow over the coming years. Oman 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 assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.

Oman Air Conditioner (AC) Market Synopsis

Oman Air Conditioner (AC) Market is projected to experience rapid growth over the years, driven by a rising population, rapidly growing urbanization, and an increase in construction activities. Oman is one of the most water-scarce countries and has been facing an acute water shortage which has led to a ban on the use of air conditioners by the government during the daytime. In general, air conditioners come in a variety of types and sizes. The most common type of air conditioner in the country is the split-system air conditioner. Other types of air conditioners in Oman include ducted air conditioners, portable ACs, and window ACs.

According to 6Wresearch, the Oman Air Conditioner (AC) Market is expected to grow at a CAGR of 3.2% during 2021- 2027 and decline by -0.5% in 2017- 2020. The market is anticipated to secure tremendous growth during the forecast period. The growing construction industry and rising discretionary expenses are some of the key factors driving the Oman Air Conditioner Market Growth over the years. However, high installation and maintenance costs are restraining the growth of this industry. Moreover, high import duties make imported ACs more expensive than those of locally produced and limits the ability of major companies to compete in the market. The Oman air conditioner (AC) industry presents a great opportunity for players in the market, driven by growing economy and a large population.

COVID-19 Impact on the Oman Air Conditioner (AC) Market

The COVID-19 pandemic has had an adverse impact on the Oman Air Conditioner (AC) Market size. The pandemic has resulted in a reduced demand for air conditioning units in Oman. The pandemic has created economic uncertainty, which has impacted the purchasing power of consumers. Due to this, many people have postponed their plans to buy new air conditioning units. The pandemic has led to changes in consumer behavior, with people becoming more conscious about indoor air quality and the need for ventilation.

Key Players in the Oman Air Conditioner (AC) Market

The Oman Air Conditioner (AC) industry has several key players which include;

• LG Electronics
• Daikin
• Mitsubishi Electric
• Midea
• Gree
• York
• Carrier

Market Analysis by Types

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

Market Analysis by Application

In terms of application, Commercial & Retail dominates the market and is expected to remain in a dominant position in the coming years. However, Hospitality is expected to have 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:

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

Market Covered

The report offers a comprehensive study of the subsequent 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