Egypt Air Conditioner Market (2021-2027): Market Forecast By Types, By Applications, By Regions And Competitive Landscape

Egypt Air conditioner Market report thoroughly covers the market by types, applications and regions. The market report provides an unbiased and detailed analysis of the ongoing 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.

Egypt Air Conditioner Market Synopsis

The Egypt 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 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 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 conditioners 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, that is a window air conditioner.

Market Analysis by Application

Amongst all the applications, the residential and commercial sector 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, commercial offices & retail sector is projected to grow at a faster pace in the Egypt 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