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Press release content from Business Wire. The AP news staff was not involved in its creation.

Africa’s Air Conditioner Market: 2019-2025 Outlook with Samsung, Gree, Midea, Carrier, Daikin and LG Dominating - ResearchAndMarkets.com

May 1, 2019

DUBLIN--(BUSINESS WIRE)--May 1, 2019--The “Africa Air Conditioner Market (2019-2025): Market Forecast By Countries, By Types, By Applications, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.

According to this research, the Africa Air Conditioner Market is projected to grow at a CAGR of 5.7% during 2019-2025.

The rising number of commercial and residential projects in Egypt, Nigeria, and South Africa to support the infrastructural development activities would spur the demand for air conditioners in the Africa region. Furthermore, growing urban migration across major cities of Africa coupled with the increasing purchasing power of the consumers would contribute towards the growth of the air conditioners market in Africa.

Split air conditioners are most popular in the region than any other air conditioner types. Due to their widespread deployment in the residential and small commercial buildings, these have clocked significant market share. The split air conditioners would undergo the highest growth in the overall market on account of the growing number of housing development initiatives.

Additionally, increasing interest of international hospitality brands such as Hyatt, Radisson, and Marriott to expand in the African countries would back the growth of air conditioner market by generating additional demand for VRF and chillers to support their infrastructural needs. The sales of floor standing air conditioners are also gaining momentum in the countries due to their increasing popularity among the residential and hospitality sectors. Some of the key players in the Africa air conditioner market include - Samsung, Gree, Midea, Carrier, Daikin, and LG.

The report comprehensively covers the market by types, applications, and countries. The report provides an unbiased and detailed analysis of the market trends, opportunities, high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Topics Covered

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of The Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Africa Air Conditioner Market Overview

3.1 Africa Air Conditioner Market Revenues (2015-2025F)

3.2 Africa Air Conditioner Revenue Share, By Applications (2018 & 2025F)

3.3 Africa Air Conditioner Revenue Share, By Countries (2018 & 2025F)

3.4 Africa Air Conditioner Market - Industry Life Cycle

3.5 Africa Air Conditioner Market - Porter’s Five Forces

3.6 Africa Air Conditioner Market - Value Chain Analysis

4. Africa Air Conditioner Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. Africa Air Conditioner Market Trends

6. Nigeria Air Conditioner Market Overview

7. South Africa Air Conditioner Market Overview

8. Algeria Air Conditioner Market Overview

9. Kenya Air Conditioner Market Overview

10. Tunisia Air Conditioner Market Overview

11. Ethiopia Air Conditioner Market Overview

12. Sudan & South Sudan Air Conditioner Market Overview

13. Africa Air Conditioner Market Competitive Landscape

14. Company Profiles

14.1 Daikin Middle East & Africa FZE

14.2 Midea Group Co. Ltd.

14.3 Gree Electric Appliances Inc.

14.4 LG Electronics Inc.

14.5 Carrier Corporation

14.6 Fujitsu General Ltd.

14.7 S.K.M Air Conditioning LLC

14.8 Mitsubishi Electric Corporation

14.9 Trane Inc.

14.10 Samsung Electronics Co. Ltd.

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/mjd3vj

View source version on businesswire.com:https://www.businesswire.com/news/home/20190501005499/en/

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Related Topics:Household Appliances,HVAC (Heating, Ventilation, and Air Conditioning)



SOURCE: Research and Markets

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PUB: 05/01/2019 06:40 AM/DISC: 05/01/2019 06:40 AM