The Sudan & South Sudan Air Conditioner Market is Forecast to Grow at a CAGR of 5.5% During 2018-24
Reduction in energy subsidies and imports due to the depreciation of the exchange rate, low oil production, falling government revenues along with economic instability due to internal conflicts in several regions of Sudan and South Sudan have resulted in a decline in the demand of air conditioners in both the countries in 2017. However, during the forecast period, the market is projected to register sound growth due to rising demand across several sectors such as hospitality, commercial and retail, residential, and others.
According to this research, Sudan & South Sudan, Air Conditioner market is forecast to grow at a CAGR of 5.5% during 2018-24. Room air conditioner segment acquired the majority of the volume share in both Sudan and South Sudan due to its affordable prices and the majority of the demand from the residential sector. In the residential sector, split air conditioner accounted for the highest share owing to its less noise, more effective as compared to window air conditioners and an additional anti-mosquito feature. However, during the forecast period, cassette air conditioner and floor standing air conditioners in the ductless segment are forecast to register maximum growth, due to its wider application in commercial and retail sectors. In the centralized air-conditioner segment, VRF or the inverter based technology would witness additional growth over the coming years.
The residential and commercial & retail applications garnered highest revenue share from the air conditioner sales due to rapid commercialization of the urban areas of Khartoum and near-by regions in 2017. During the forecast period, further demand is likely to come from the government & transportation sectors due to the development of Al Basheer Medical City in six regions of Sudan.
Some of the key players in the Sudan & South Sudan air conditioner markets are LG Electronics Inc, Samsung Electronics Co. Ltd., Fujitsu General Ltd., GREE Electric Appliances Inc. and Midea group Co. Ltd.
The report thoroughly covers the air conditioner market by AC types, 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.
Key Highlights of the Report:
- Historical & Forecast data of Sudan & South Sudan Air Conditioner Market for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Air Conditioner Market Revenue for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Window AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Split AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan packaged AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Ducted Split/Ceiling Concealed AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Floor Standing AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Cassette AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Ceiling Suspended AC Market Revenue & Volume for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Centralized AC Market Revenue for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Centralized AC Market Revenue, By Components for the Period 2014-2024
- Historical & Forecast data of Sudan & South Sudan Air Conditioner Application Market Revenue for the period 2014-2024
- Historical data of Sudan & South Sudan Air Conditioner Regional Market Revenue for the Period 2014-2024
- Market Size & Forecast of Sudan & South Sudan Air Conditioner Market Revenue until 2024, By Regions
- Recent Market Trends
- Players Market Share, By Type
- Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Product Types:
- 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:
- Northern
- Western
- Southern
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- Fujitsu General Ltd.
- GREE Electric Appliances Inc.
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Samsung Electronics Co. Ltd.