The factors such as political stability, high-quality infrastructure, and low corporate tax rates have positively impacted the number of foreign direct investments in the country. Moreover, the upcoming events such as FIFA World Cup 2022 are projected to boost the number of foreign investors in the country. Therefore, it is anticipated to strongly contribute to the growth of Qatar Air Conditioner market in the forthcoming period.
According to the MarkNtel Advisors’ research report titled “Qatar Air Conditioner Market Analysis, 2020”, the Air Conditioner market is anticipated to register a CAGR of around 5% during 2020-25. The centralized air conditioner segment captured the highest market share in 2019. The maximum share is attributed to the establishment of various corporate offices, hotels, and retail malls under the initiative Qatar Vision 2030.
Moreover, the residential, commercial, & retail sectors captured a substantial share in the Qatar Air Conditioner market. The extreme heat conditions is also a key factor in actively contributing to the demand for air conditioners in the country.
As per MarkNtel Advisors’ study, the companies that have captured a significant market share in the Qatar Air Conditioner market include LG Electronics, Fujitsu General, Carrier, Daikin Industries, York, Samsung, etc. These companies are introducing a new product range in the country to gain a competitive advantage over their competitors.
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Qatar Air Conditioner market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Qatar Air Conditioner market?
4. Who are the key competitors or market players and how they perform in Qatar Air Conditioner market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Qatar Air Conditioner market study?