DUBLIN--(BUSINESS WIRE)--The "Pakistan Air Conditioner Market (2017-2023) Forecast by Type, Applications, Regions, and Competitive Landscape" report has been added to Research and Markets' offering.
Pakistan Air Conditioner market is projected to grow at a CAGR of 7.2% during 2017-2023.
Pakistan is one of the potential markets for air conditioners in the Asia-Pacific region; led by rising investments, public & private infrastructure development as well as government Vision 2025, which would drive government spending in several sectors such as housing, infrastructure, commercial, hospitality, manufacturing, education, and healthcare. To support the vision, a MoU was singed - China-Pakistan Economic Corridor (CPEC) between China and Pakistan, in which China would be investing more than $100 billion by 2017.
Despite political disputes and security concerns, Pakistan air conditioner market is growing at a healthy rate owing to increasing disposable income and expanding middle class population. Income of households in Pakistan have eventually increased owing to growing working population resulting in high purchasing power, which is further contributing to the growth of air conditioner market in the country.
The report provides detailed analysis of the flowing market segments:
By Product Type:
- Window AC
- Spilt AC
- Floor Standing
- Cassette Type
- Suspended Type
- Ceiling Concealed/ Ducted Split
- Commercial Buildings & Retail
- Govt. & Transportation
- AHI Carrier Fzc
- Daikin Industries Ltd.
- GREE Electric Appliances Inc.
- Haier Pakistan (Pvt) Limited
- Johnson Controls (Pvt) Ltd
- Kenwood Limited
- LG Electronic Inc.
- Orient Electronics (Pvt) Limited
- SKM Air Conditioning
- Trane INC.
For more information about this report visit https://www.researchandmarkets.com/research/jbn5b6/pakistan_air