Exploring Qatar Air Conditioner Market: Rising Trends, Opportunities and Challenges
Exploring Qatar Air Conditioner Market: Rising Trends, Opportunities and Challenges
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According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Qatar Air Conditioner Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Qatar Air Conditioner Market Analysis and Size
The Qatar Air Conditioner Market is projected to grow at a CAGR of around 5.0% during the forecast period, i.e., 2023-28.
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Some of the major players operating in the Qatar Air Conditioner Market are LG Electronics, Fujitsu General, Carrier, Daikin Industries, York, Samsung, Gree, Mitsubishi, Midea, Toshiba.
Qatar Air Conditioner Market Growth Driver:
With the adverse climatic conditions paired with swiftly improving economic conditions, growing purchasing power, and changing living standards of people, the production & sales of air conditioners are mounting swiftly across the country. Moreover, the rapidly developing smart cities, coupled with the active participation of the leading players in bringing energy-efficient air conditioners, are other crucial aspects projected to play a pivotal role in fueling the overall market growth. For instance, On November 20, 2022, the FIFA World Cup of 2022 kicked off in Qatar as the season's first temperatures began to drop. The Gulf will most certainly still experience temperatures that go up to 26 degrees Celsius. Thus, brand-new, eight fully conditioned stadiums were unveiled in Qatar. The stadiums contain cutting-edge cooling equipment to lower the temperature to a comfortable 18 to 24 degrees Celsius.
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Market Segment and Geographical Analysis
By Type
- Window AC
- Split AC
- Floor Standing AC
- Cassette AC
- Packaged AC
- Ducted Split AC
- Centralized AC
By Region
- Al Khor
- Ad Dawhah
- Al Wakrah
- Al Rayyan
By End User
- Residential
- Commercial Buildings
- Retail
- Health Care
- Hospitality
- Government & Transportation
- Oil & Gas
- Others
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