The market for air conditioners in Qatar is anticipated to grow at a CAGR of 12% during 2016-2021
Growth in demand for air conditioners can be attributed to large scale infrastructure development for upcoming FIFA World Cup to be held in Qatar in 2022.
On the basis of product type, market for air conditioners in Qatar is segmented into- split air conditioners, window air conditioners, chillers, VRFs and Others. Out of these product segments, split air conditioner accounted for the largest revenue share in Qatar air conditioners market in 2015. Dominance of split air conditioners segment can be attributed to increasing population, introduction of new technologies with higher energy efficiency, innovative designs and expanding middle class immigrant population.
Demand for air conditioners in Qatar is increasing on account of extreme climatic conditions, rising disposable income, growing urbanization, and increasing number of residential and commercial projects. Further, government initiatives that ban sales and imports of inefficient air conditioners in the country have been fueling demand for energy efficient air conditioners over the last few years.
Growth in the construction of commercial buildings, hotels, housing projects, especially in the east region comprising of Doha and Al Daayen, and central region encompassing regions of Umm Salal and east Al Rayyan are emanating the demand for air conditioners in the country. Moreover, anticipated growth in residential and commercial infrastructure developments in the coming years is expected to drive demand for air conditioners in Qatar through 2021.
Market Trends & Developments
Increasing Adoption of Solar Air Conditioning Technology
Growing Scope of District Cooling Technology
Rising Demand for Energy Efficient Air Conditioners
Focus on reducing HCFC consumption
Increasing Adoption of Air Purification Technology