DUBLIN--(BUSINESS WIRE)--The "Bahrain Air Conditioner Market (2017-2023): Forecast by Types, Applications, Regions, and Competitive Landscape" report has been added to Research and Markets' offering.
According to research, Bahrain Air Conditioner market is projected to grow at a CAGR of 4.5% during 2017-2023. Contracts worth more than $395 million funded by Gulf development programme, has been awarded to the contractors for development of housing units across the country. Additionally, announcement of tenders worth $300 million for projects related to infrastructure is expected to drive the installation of air conditioners in the country.
Centralized air conditioner segment has been the fastest and best performing segment in Bahrain air conditioner market followed by the split segment. The segment, predominantly VRF has emerged significantly over the past few years and is expected to lead the market over the coming years as well following the strong demand among residential and commercial applications.
Amongst the end user applications, sales of air conditioner units in the residential sector accounted for largest revenue share in Bahrain air conditioner market. Bahrain witnessed considerable growth in residential construction sector over the last decade. Government of Bahrain earmarked $3.2 billion to construct 30,000 housing units in 2016.
The report provides detailed analysis of the following market segments:
- Window AC
- Spilt AC
- Floor Standing
- Cassette Type
- Ducted Split/Ceiling Concealed
- Commercial Buildings & Retail
- Government & Transportation
- Oil & Gas
- AHI Carrier FZC
- Awal Gulf Manufacturing Co.(AGMCO)
- Daikin McQuay Middle East and Africa FZE
- Fujitsu General(ME) FZE
- GREE Electric Appliances Inc.
- Johnson Controls(York)
- LG Electronics, Inc.
- Mitsubishi Electric Corp.
- Trane INC.
- Zamil AC
Key Topics Covered:
1 Executive Summary
3 GCC Air Conditioner Market Overview
4 Bahrain Air Conditioner Market Overview
5 Bahrain Air Conditioner Market Dynamics
6 Bahrain Air Conditioner Market, By Types
7 Bahrain Air Conditioner Market, By Applications
8 Bahrain Air Conditioner Market Overview, By Regions
9 Bahrain Air Conditioner Market (Current & Upcoming Project)
10 Bahrain Air Conditioner Market Opportunity Assessment by Types and Applications
11 Bahrain Air Conditioner Market Revenue Share, By Companies
12 Company Profiles
13 Key Strategic Pointers
For more information about this report visit https://www.researchandmarkets.com/research/z6pt4p/bahrain_air