Air Conditioner (Room AC, Ducted AC, Ductless AC, Centralized AC) Market in Iraq - Forecast to 2024

DUBLIN, July 10, 2018 /PRNewswire/ --

The "Iraq Air Conditioner Market (2018-2024): Market Forecast By Product Type (Room AC, Ducted AC, Ductless AC, Centralized AC), By Applications, By Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Cycles of warfare and conflict followed by economic volatility in Iraq over the past decade has weakened the country's governance. Security crisis in the country kept the investors at bay and damaged critical infrastructure in the country significantly impacted economic growth. Slump in oil prices led to budget cuts and deferment of projects in the country. Additionally, poor management of funds by local firms and lack of private sector participation further resulted in delayed projects, leading to decline in market revenues for various products and equipment including air conditioners.

Iraq air conditioner market is likely to exhibit 5.7% of growth by 2024. With more than 39 million population, Iraq remains an attractive consumer market with potential of over $40 billion. Iraq's National Investment Commission announced major and medium-sized strategic projects to seek foreign investments in all the sectors. In addition to recovery of oil prices, hotel development across the cities such as Erbil, Najaf, Karbala, Basra and Baghdad as well as substantial investment in oil & gas sector would further proliferate the growth of air conditioner market in Iraq.

Wall mounted split air conditioner segment acquired majority of the volume share in the country backed by complications in installation of window air conditioners in high floored apartments, along with closed spaces and higher demand for inverter models, as a result of low electricity consumption. VRF systems recorded increased adoption among large number of residential along with commercial & hospitality projects across the regions.

The residential application witnessed highest number of installations followed by commercial and retail sectors. Additionally, hospitality is the largest growing application owing to development of large number of hotels across Erbil, Najaf and Karbala. The residential, hospitality, transportation and oil & gas are the key emerging applications which are likely to exhibit healthy growth opportunities in near future.

The report thoroughly covers Iraq air conditioner market by product types, end use applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

The report provides detailed analysis of the following market segments:

• By Product Type
• Room AC
• Window
• Split
• Ducted AC
• Ceiling Concealed
• Packaged
• Ductless AC
• Suspended
• Floor Standing
• Cassette
• Centralized AC
• VRF
• AHU/FCU
• Condensing Unit
• Chiller
• Others
• By Applications
• Residential
• Commercial Buildings & Retail
• Govt. & Transportation
• Hospitality
• Oil & Gas
• Others
• By Regions
• Baghdad
• Northern
• Southern
• Rest of Iraq

Key Topics Covered

1. Executive Summary

2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions

3. Global Air Conditioner Market Outlook
3.1. Global Air Conditioner Market Revenues (2014-2024F)
3.2. Global Air Conditioner Market Revenue Share, By Regions (2017 & 2024F)

4. Iraq PEST Analysis

5. Iraq Air Conditioner Market Outlook
5.1. Iraq Air Conditioner Market Revenues & Volume (2014-2024F)
5.2. Iraq Air Conditioner Market - Industry Life Cycle
5.3. Iraq Air Conditioner Market - Porter's Five Forces
5.4. Iraq Air Conditioner Market - Opportunistic Matrix
5.5. Iraq Air Conditioner Market - Value Chain Analysis
5.6. Iraq Air Conditioner Market Revenue Share, By Regions (2017 & 2024F)
5.7. Iraq Air Conditioner Market Revenue Share, By Types (2017 & 2024F)
5.8. Iraq Air Conditioner Market Revenue Share, By End Use Applications (2017 & 2024F)

6. Iraq Air Conditioner Market Dynamics
6.1. Impact Analysis
6.2. Market Drivers
6.3. Market Restraints

7. Iraq Air Conditioner Market Trends & Opportunities

8. Room Air Conditioner Market Outlook, By Types
8.1. Overview & Analysis
8.2. Window Air Conditioner Market Revenues & Volume (2014-2024F)
8.3. Split Air Conditioner Market Revenues & Volume (2014-2024F)

9. Ducted Air Conditioner Market Outlook, By Types
9.1. Overview & Analysis
9.2. Ceiling Concealed Air Conditioner Market Revenues & Volume (2014-2024F)
9.3. Packaged Air Conditioner Market Revenues & Volume (2014-2024F)

10. Ductless Air Conditioner Market Outlook, By Sub-Types
10.1. Overview & Analysis
10.2. Suspended Air Conditioner Market Revenues & Volume (2014-2024F)
10.3. Floor standing Air Conditioner Market Revenues & Volume (2014-2024F)
10.4. Cassette Air Conditioner Market Revenues & Volume (2014-2024F)

11. Centralized Air Conditioner Market Revenues (2014-2024F)
11.1. Overview & Analysis
11.2. Centralized Air Conditioner Market Share, By Types (Chiller, VRF, AHU/FCU, Others)
11.3. Centralized Air Conditioner Market, By Chiller (2014-2023F)
11.4. Centralized Air Conditioner Market, By VRF (2014-2023F)

12. Iraq Air Conditioner Market Opportunity Assessment, By Types (Target/Focus Area)

13. Iraq Air Conditioner Market Outlook, By End Use Application
13.1. Residential Application Market Revenues (2014-2024F)
13.2. Commercial Buildings & Retail Application Market Revenues (2014-2024F)
13.3. Government & Transportation Application Market Revenues (2014-2024F)
13.4. Hospitality Application Market Revenues (2014-2024F)
13.5. Industrial and Oil & Gas Application Market Revenues (2014-2024F)
13.6. Other Applications Market Revenues (2014-2024F)

14. Iraq Air Conditioner Market Opportunity Assessment, By End Use Applications (Target/Focus Area)

15. Iraq Air Conditioner Market - Price Point Analysis

16. Iraq Air Conditioner Market Outlook, By Regions (2014-2024F)

17. Iraq Air Conditioner Market Opportunity Assessment, By Regions (Target/Focus Area)

18. Iraq Air Conditioner Market - Competitive Landscape
18.1. Market Players' Revenue Share Analysis, By Product Type
18.2. Competitive Benchmarking, By Product Type
18.3. Competitive Benchmarking, By Operating Parameters

19. Company Profiles
19.1. Samsung Electronics East Africa Ltd.
19.2. LG Electronics, Inc.
19.3. GREE Electric Appliances Inc.
19.4. AHI Carrier FZC
19.5. Daikin Middle East & Africa FZE
19.6. Johnson Controls Air Conditioning & Refrigeration Inc.

20. Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/ztprx7/air_conditioner?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com