Africa Air Conditioners Market Outlook

Africa Air Conditioners Market

Market Overview

Africa region is one of the emerging markets for air conditioners around the world. Rising investments to develop infrastructure and growing disposable income of people in some countries of the region are some of the key factors driving the growth of air conditioners market in the region. According to the United Nations report, the global air conditioner stock is estimated to increase from 660 million units in 2015 to more than 1.5 billion units by 2030, significantly escalating CO2 emissions from this sector. To curb the energy and environmental impacts from air conditioning, the regulator bodies are likely to introduce policies which will be the major challenge for the market growth in region. The growth of Air conditioners market in the region is mostly driven by countries with rising incomes and large metropolitan areas located in warm to hot climates, such as South Africa, Egypt and Nigeria among others.
Goldstein Research analyst forecast the Africa air conditioners market to expand at a CAGR of 9.4% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 2.3 billion by the end of forecast period.
Covered in this Africa air Conditioners market report

The report covers the present ground scenario and the future growth prospects of the air conditioners market for 2016-2024 along with the total revenue of air conditioners industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, regional and country level. The revenue forecast is given on the basis of number of simulation & analysis manufacturers and current growth rate of the market.

Africa air conditioners Market Segmentation
By Product Type
Split
Rooftop
Indoor packaged
Chillers
Other (Portable AC etc.)
By End Users
Residential
Commercial
By Geography
Nigeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Egypt {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
South Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Algeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Morocco {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Ethiopia {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Kenya {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
Rest of the Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}

Based on end users, residential segment accounts for the maximum market share of 85% in 2016 and will continue to dominate the market for the next few years. Residential air conditioners market is likely to attain the fastest growth during the forecast period.
Africa Air Conditioners Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Africa air conditioners market. The report also includes porters five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Africa air conditioners market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our Africa air conditioners market report comprises of the following companies as the key players in the Africa air conditioners market: Panasonic Corporation, Hitachi, Ltd., LG Electronics Inc., Ingersoll Rand, Whirlpool Corporation, Toshiba Corporation, Fujitsu General Limited, Blue Star Limited, Zamil Group, Guangdong Chigo Air Conditioning, Samsung Electronics, Daikin Industries, Ltd., Haier Electronics Group Co. and Sharp Corporation
According to our Africa air conditioners market study on the basis of extensive primary and secondary research, one major trend in the market is imports of second-hand appliances in the region. In some countries of Africa where imports of second-hand appliances are not banned, a significant portion of air conditioners in the market correspond to used products coming from other countries. This is the case in some economies of West African States where imports of second-hand products mainly from Europe are still dominant.

According to the report, major driver in Africa air conditioners market is rapid urbanization and population growth. Rapid population growth and urbanization are key drivers of electronic appliances market across Sub-Saharan Africa. Moreover, growing number of multinational companies are searching for office space in the newly emerging cities, which is likely to impel the growth of air conditioners market in the region.
Further, the report states that one challenge in Africa air conditioners market is high electricity consumption and power supply issues in the region. Africa still has many challenges to overcome in terms of grid connectivity and electricity generation, which is the major challenge for the electrical appliances market to flourish at faster pace in the region.
Geographically, South Africa accounted for the largest market share with 40% revenue in Africa air conditioners market. South Africa is closely followed by the Egypt, which occupied about 28% of the market share. On the other hand, Nigeria is representing the huge growth opportunities owing rising personal disposable income of people in the country.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For a full detailed overview, send us the sample request.
Key questions answered in this Africa air conditioners market report
What is the total market size by 2024 and what would be the expected growth rate of sales?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the key market trends?
What are the factors which are driving this market?
What are the major barriers to market growth?
Who are the key vendors in this market space?
What are the market opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?
We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.

Africa Air Conditioner Market (2019-2025): Market Forecast By Countries (Egypt, Algeria, Nigeria, South Africa, Ethiopia, Kenya, Tunisia and Sudan & South Sudan), By Types (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator Coils and Compressor)), By Applications (Residential, Commercial Offices & Retail, Healthcare, Transport, Hospitality and Others including Education and BFSI) and Competitive Landscape

Africa Air Conditioner Market (2019-2025): Market Forecast By Countries (Egypt, Algeria, Nigeria, South Africa, Ethiopia, Kenya, Tunisia and Sudan & South Sudan), By Types (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator Coils and Compressor)), By Applications (Residential, Commercial Offices & Retail, Healthcare, Transport, Hospitality and Others including Education and BFSI) and Competitive Landscape market research report available in single user pdf license with Aarkstore Enterprise at 4200

USD 4200 View Report

Warehouse Clubs in South Africa

Warehouse clubs saw strong value growth during the review period and this can be attributed to the only player operating a strong low-price strategy which targets low-income mass consumers, thanks

USD 990 View Report

Automotive Air Conditioners Market Size, Share, Outlook and Growth Opportunities 2019-2025

Automotive Air Conditioners strategic analysis research from OGAnalysis is a comprehensive market analysis on Automotive Air Conditioners industry. Published since 2011, the present edition presents current Automotive Air Conditioners market

USD 4580 View Report

Global Light Commercial Air Conditioners Market Report 2019, Competitive Landscape, Trends and Opportunities

The Light Commercial Air Conditioners market has witnessed growth from USD XX million to USD XX million from 2014 to 2019. With the CAGR of X.X%, this market is estimated

USD 2950 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available