Middle East air conditioning market is forecast to grow at a significant growth rate during the forecast period. Hot climatic conditions, high urbanization, and high per capita disposable income are some of the major factors that are contributing to the market growth. Moreover, mega-events such as UAE World Expo 2020 and Football World Cup Championship 2022 are going to be held in the region which will significantly increasing construction activities for better facilities, which are driving the demand for the AC in this region. Climate change and significant expending by the government is also contributing to the growth of the market. For instance, in October 2019 the temperature in Qatar reached 46-degree centigrade due to which government installed air conditioning in the open air which includes streets and various markets. As per World Bank, Qatar has the highest per capita emission of greenhouse gases. Some of the other major countries contributing to the market include Saudi Arabia, UAE, Oman, Kuwait, Turkey, and Egypt. Saudi Arabia is expected to hold a major market share in the region. 

The market is segmented on the basis of application, type, and refrigerant type. By application, the commercial segment is expected to hold a significant market share. Most of the countries in the region are developing countries hence some relief as per the Montreal Protocol will be witnessed during the period. The companies which are contributing to the growth of the market include Benair Air Conditioning Co. LLC, Daikin Industries Ltd., ETA General Pvt. Ltd., Hitachi Ltd., LG Electronics Inc., Panasonic Corp., Samsung Electronics Co., Ltd., Toshiba Corp., Zamil Air Conditioners and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for AC manufacturers, AC component manufacturers, automobile companies, chemical companies, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Middle East Air Conditioning Market Research and Analysis by Application 
2. Middle East Air Conditioning Market Research and Analysis by Type
3. Middle East Air Conditioning Market Research and Analysis by Refrigerant Type

The Report Covers

• Comprehensive research methodology of Middle East Air Conditioning market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Middle East Air Conditioning market.
• Insights about market determinants that are stimulating Middle East Air Conditioning market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.