The Egyptian Air Conditioner Market witnessed moderate growth during the period 2017-2020 underpinned by rapid growth in population and rising urbanization in the country. The Egyptian government has placed a strong emphasis on infrastructure and construction as a key engine of urban growth and financial stability on account of IMF (International Monetary Fund) backed economic reform program, henceforth driving the growth of the air conditioner market in the country.
However, the COVID-19 pandemic brought a decline in market revenues during the year 2020 as the air conditioner market in Egypt is both manufacturing and import-dependent and the movement restrictions imposed during the pandemic period disrupted the supply chain leading to falling market demand and hence the market revenues.
According to the publisher, Egypt's Air Conditioner Market size is projected to grow at a CAGR of 5.7% during 2021-27. The primary reason for the growth in the Egypt air conditioner industry can be attributed to the upcoming projects including the Middle East region’s largest private medical city and entertainment district. Moreover, the rising economic growth and per capita income of Egypt would play a crucial role in improving the living standards and in increasing the disposable income of the Egyptians, hence boosting the sales of home appliances including air conditioners in the country.
Market Analysis by Type
Based on types, room air conditioning acquired the majority of the revenue share in the air conditioner market of Egypt in 2020. This is on the account of higher penetration of room air conditioners in the residential segments that generally deploy split air conditioners. Based on applications, the residential sector garnered the majority of the market revenue share during the year 2020 and is expected to dominate the market over the coming years as well on account of the rapid expansion in residential infrastructure development across the country. Split air conditioners led the Egypt room air conditioner market in recent years owing to their increasing adoption in the residential sector and small shops since the split air conditioners are energy efficient and the requirement of space for the split air conditioners is lower in comparison to its counterpart, window air conditioners.
Market Analysis by Application
Amongst all the applications, the residential and commercial sectors account for about 50% of the total market revenues in 2020. The residential sector garnered the majority of the market revenue share during the year 2020 and the same trend is anticipated to persist over the coming years as a result of the rapid expansion in residential infrastructure development across the country. With the increasing commercial buildings including hotels, hospitals, supermarkets and educational infrastructure, the commercial office & retail sectors are projected to grow at a faster pace in the Egyptian air conditioner market in near future.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Egypt Air Conditioner Market Overview
- Egypt Air Conditioner Market Outlook
- Egypt Air Conditioner Market Forecast
- Historical Data and Forecast of Egypt Air Conditioner Market Revenues, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Room Air Conditioner Market Revenues & Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Ducted Air Conditioner Market Revenues & Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Ductless Air Conditioner Market Revenues & Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Egypt Centralized Air Conditioner Market Revenues & Volume, By Components, for the Period 2017-2027F
- Historical Market Data and Forecast of Revenues, By Applications, for the Period 2017-2027F
- Historical Market Data and Forecast of Revenues, By Regions, for the Period 2017-2027F
- Egypt Air Conditioner Market Share, By Players
- Value Chain and Ecosystem
- Covid-19 Impact Analysis
- Market Drivers and Restraints
- Egypt Air Conditioner Market Trends
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- Room
- Window
- Split
- Ducted
- Ceiling Concealed
- Rooftop Packaged
- Ductless
- Suspended
- Floor Standing
- Cassette
- Centralized
- AHU/FCU
- Chiller
- VRF
- Other
By Applications
- Residential
- Healthcare
- Commercial Offices & Retail
- Transportation
- Hospitality
- Oil & Gas
- Other
By Regions
- Nile Valley and Delta
- Eastern Desert
- Western Desert
- Sinai Peninsula
Table of Contents
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. Egypt Air Conditioner Market Overview
3.1 Egypt Air Conditioner Market Revenues, 2017-2027F
3.2 Egypt Air Conditioner Market - Industry Life Cycle
3.3 Egypt Air Conditioner Market - Porter’s Five Forces
3.4 Egypt Air Conditioner Market - Ecosystem
3.5. Egypt Air Conditioner Market Revenue Share, By Types (2020 & 2027F)
3.6. Egypt Air Conditioner Market Revenue Share, By Applications (2020 & 2027F)
3.7. Egypt Air Conditioner Market Revenue Share, By Regions (2020 & 2027F)
4. Impact Analysis of Covid-19 on Egypt Air Conditioner Market
5. Egypt Air Conditioner Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Egypt Air Conditioner Market Trends
7. Egypt Room Air Conditioner Market Overview
7.1. Egypt Room Air Conditioner Market Revenues & Volume (2017-2027F)
7.2. Egypt Room Air Conditioner Market Revenue & Volume Share, By Types (2020 & 2027F)
7.3. Egypt Room Air Conditioner Market Revenues & Volume, By Types
7.3.1. Egypt Window Air Conditioner Market Revenues & Volume (2017-2027F)
7.3.2. Egypt Split Air Conditioner Market Revenues & Volume (2017-2027F)
8. Egypt Ducted Air Conditioner Market Overview
8.1. Egypt Ducted Air Conditioner Market Revenues & Volume (2017-2027F)
8.2. Egypt Ducted Air Conditioner Market Revenue & Volume Share, By Types (2020 & 2027F)
8.3. Egypt Ducted Air Conditioner Market Revenues & Volume, By Types
8.3.1. Egypt Ceiling Concealed Air Conditioner Market Revenues & Volume (2017-2027F)
8.3.2. Egypt Rooftop Packaged Air Conditioner Market Revenues & Volume (2017-2027F)
9. Egypt Ductless Air Conditioner Market Overview
9.1. Egypt Ductless Air Conditioner Market Revenues & Volume (2017-2027F)
9.2. Egypt Ductless Air Conditioner Market Revenue & Volume Share, By Types (2020 & 2027F)
9.3. Egypt Ductless Air Conditioner Market Revenues & Volume, By Types
9.3.1. Egypt Suspended Air Conditioner Market Revenues & Volume (2017-2027F)
9.3.2. Egypt Floor Standing Packaged Air Conditioner Market Revenues & Volume (2017-2027F)
9.3.3. Egypt Cassette Concealed Air Conditioner Market Revenues & Volume (2017-2027F)
10. Egypt Centralized Air Conditioner Market Overview
10.1. Egypt Centralized Air Conditioner Market Revenues (2017-2027F)
10.2. Egypt Ductless Air Conditioner Market Revenue Share & Revenues, By Components
10.2.1. Egypt AHU/FCU Market Revenues (2017-2027F)
10.2.2. Egypt VRF Market Revenues (2017-2027F)
10.2.3. Egypt Chiller Market Revenues (2017-2027F)
10.2.4. Egypt Other Components Market Revenues (2017-2027F)
11. Egypt Air Conditioner Market Overview, By Applications
11.1. Egypt Air Conditioner Market Revenues, By Applications
11.1.1. Egypt Air Conditioner Market Revenues, By Residential Application (2017-2027F)
11.1.2. Egypt Air Conditioner Market Revenues, By Commercial Offices & Retail Application (2017-2027F)
11.1.3. Egypt Air Conditioner Market Revenues, By Hospitality Application (2017-2027F)
11.1.4. Egypt Air Conditioner Market Revenues, By Healthcare Application (2017-2027F)
11.1.5. Egypt Air Conditioner Market Revenues, By Commercial Offices & Retail Application (2017-2027F)
11.1.6. Egypt Air Conditioner Market Revenues, By Oil & Gas Application (2017-2027F)
11.1.7. Egypt Air Conditioner Market Revenues, By Other Application (2017-2027F)
12. Egypt Air Conditioner Market Overview, By Regions
12.1. Egypt Air Conditioner Market Revenues, By Regions
12.1.1. Egypt Air Conditioner Market Revenues, By Nile Valley and Delta (2017-2027F)
12.1.2. Egypt Air Conditioner Market Revenues, By Sinai Peninsula (2017-2027F)
12.1.3. Egypt Air Conditioner Market Revenues, By Western Desert (2017-2027F)
12.1.4. Egypt Air Conditioner Market Revenues, By Eastern Desert (2017-2027F)
13. Egypt Air Conditioner Market - Key Performance Indicators
14. Nigeria Farm Tractor Market Opportunity Assessment
14.1. Egypt Air Conditioner Market Opportunity Assessment, By Types (2027F)
14.2. Egypt Air Conditioner Market Opportunity Assessment, By Applications (2027F)
14.3. Egypt Air Conditioner Market Opportunity Assessment, By Regions (2027F)
15. Egypt Air Conditioner Market – Competitive Landscape
15.1. Egypt Air Conditioner Market Revenue Share, By Company (2020)
15.2. Egypt Air Conditioner Market Competitive Benchmarking, By Operating Parameters
16. Company Profiles
16.1 Mitsubishi Electric Corporation
16.2 Sharp Corporation
16.3 Zamil Air Conditioners
16.4 GREE Electric Appliances Inc.
16.5 Midea Group Co. Ltd.
16.6 Daikin Industries
16.7 LG Electronics Inc.
16.8 Carrier Corporation
16.9 Samsung Electronics Co., Ltd.
16.10 FRESH Company
17. Key Strategic Recommendations
18. Disclaimer
List of Figures:
1. Egypt Air Conditioner Market Revenues, 2017-2027F ($ Million)
2. Egypt Air Conditioner Market Revenue Share, By Types, 2020 & 2027F
3. Egypt Air Conditioner Market Revenue Share, By Applications, 2020 & 2027F
4. Egypt Air Conditioner Market Revenue Share, By Regions, 2020 & 2027F
5. Egypt Population, 2015-2020 (Million)
6. Egypt Urban Population, 2015-2020 (Million)
7. Egypt's Visitor Arrivals, 2016-2019 (Million)
8. Tourism revenues in Egypt, 2016-2019 (Billion USD)
9. Rise in Egypt’s Poor Population, 2000-2019
10. Egypt Room Air Conditioner Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
11. Egypt Room Air Conditioner Market Revenue Share, By Types, 2020 & 2027F
12. Egypt Room Air Conditioner Market Volume Share, By Types, 2020 & 2027F
13. Egypt Ducted Air Conditioner Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
14. Egypt Ducted Air Conditioner Market Revenue Share, By Types, 2020 & 2027F
15. Egypt Ducted Air Conditioner Market Volume Share, By Types, 2020 & 2027F
16. Egypt Ductless Air Conditioner Market Revenues & Volume, 2017-2027F ($ Million, Thousand Units)
17. Egypt Ductless Air Conditioner Market Revenue Share, By Types, 2020 & 2027F
18. Egypt Ductless Air Conditioner Market Volume Share, By Types, 2020 & 2027F
19. Egypt Centralized Air Conditioner Market Revenues, 2017-2027F ($ Million)
20. Egypt Centralized Air Conditioner Market Revenue Share, By Components, 2020 & 2027F
21. Egypt Health Spending Per Capita ($)
22. Average Annual Investment in Egypt 2016-40 ($ Billion)
23. Infrastructure Investment in Egypt, as a percentage of GDP, 2016-40
24. Telecommunications Infrastructure Investment current trends in Egypt, 2015-40 ($ Billion)
25. Infrastructure Investment current trends & need in Egypt, 2015-40 ($ Billion)
26. Airport Infrastructure Investment current trends in Egypt, 2015-40 ($ Million)
27. Rail Infrastructure Investment current trends in Egypt, 2015-40 ($ Million)
28. Cairo Tourism Industry Hotel Supply, 2019-2021F (Thousand Units of Rooms)
29. Egypt Air Conditioner Market Opportunity Assessment, By Types, 2027F
30. Egypt Air Conditioner Market Opportunity Assessment, By Types, 2027F
31. Egypt Air Conditioner Market Opportunity Assessment, By Regions, 2027F
32. Egypt Air Conditioner Market Revenue Share, By Companies, 2020
List of Tables:
1. Egypt Room Air Conditioner Market Revenues, By Types, 2017-2027F ($ Million)
2. Egypt Room Air Conditioner Market Volume, By Types, 2017-2027F (Thousand Units)
3. Egypt Ducted Air Conditioner Market Revenues, By Types, 2017-2027F ($ Million)
4. Egypt Ducted Air Conditioner Market Volume, By Types, 2017-2027F (Thousand Units)
5. Egypt Ductless Air Conditioner Market Revenues, By Types, 2017-2027F ($ Million)
6. Egypt Ductless Air Conditioner Market Volume, By Types, 2017-2027F (Thousand Units)
7. Egypt Centralized Air Conditioner Market Revenues, By Components, 2017-2027F ($ Million)
8. Egypt Air Conditioner Market Revenues, By Applications, 2017 & 2027F
9. Egypt Air Conditioner Market Revenues, By Regions, 2017 & 2027F
10. Cumulative Infrastructure Investment Estimate in Egypt, 2016-40 ($ Billion)
11. Egypt Under Construction Projects, as on April 2020
Companies Mentioned
- Carrier Corporation
- Daikin Industries
- FRESH Company
- GREE Electric Appliances Inc.
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Mitsubishi Electric Corporation
- Samsung Electronics Co. Ltd.
- Sharp Corporation
- Zamil Air Conditioners
