Trend of Importing 2nd Hand Appliances from Europe is likely to Supplement African AC Market Growth- Goldstein Research


Posted July 18, 2019 by Steveblade

Africa Air Conditioners (AC) Market is Expected to Grow at a CAGR of 9.4% During the Forecast Period (2016-2024)

 
According to Goldstein Research, Africa region is one of the emerging markets for air conditioners around the world. Rising investments to develop infrastructure and growing disposable income of people in some countries of the region are some of the key factors driving the growth of air conditioners market in the region. Further, the growth of Air conditioners market in the region is mostly driven by countries with rising incomes and large metropolitan areas located in warm to hot climates, such as South Africa, Egypt, and Nigeria among others.
One challenge in Africa air conditioners market is high electricity consumption and power supply issues in the region. Africa still has many challenges to overcome in terms of grid connectivity and electricity generation, which is the major challenge for the electrical appliances market to flourish at faster pace in the region.
For research on air-conditioners market in Africa, visit: https://www.goldsteinresearch.com/report/africa-air-conditioner-market-trends-analysis
Market Segmentation
Africa air conditioners market can be segmented as follows:
By Product Type
• Split
• Rooftop
• Indoor packaged
• Chillers
• Other (Portable AC etc.)
By End Users
• Residential
• Commercial
Based on Geography
• Nigeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Egypt {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• South Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Algeria {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Morocco {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Ethiopia {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Kenya {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
• Rest of Africa {Market Share (%), Market Size (USD Billion), Sales (Million Unit)}
“Africa Air Conditioners Market Outlook 2024” BY Goldstein Research contains a detailed overview of the Africa air conditioners market. Further, for the exhaustive study, Africa Air Conditioners Market Report covers the industry growth drivers, risk analysis, market challenges, market attractiveness, Porter’s five force model, BPS (Base Point Scale) analysis and SWOT analysis. This market analysis also comprises competitive outlook of some of the major players profiling such as Panasonic Corporation, Hitachi, Ltd., LG Electronics Inc., Ingersoll Rand, Whirlpool Corporation, Toshiba Corporation, Fujitsu General Limited. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the report embodies the Africa air conditioners market trends along with the market estimate that will aid industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market-centric approaches according to the ongoing and expected trends in the future.
Get market report sample @ https://www.goldsteinresearch.com/request-sample/africa-air-conditioner-market-trends-analysis
Key queries countered in this Africa air conditioners market report
• What is the Africa air conditioners market size by 2024 and what would be the expected growth rate of sales?
• What are the air conditioners market trends?
• What are the dynamics which are driving this market?
• What are the major barriers to air conditioners market growth?
• Who are the prominent vendors in this market space?
• What are the market prospects for the current and entry-level players?
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Categories Business , Electronics , Research
Tags africa_air_conditioners_market
Last Updated July 18, 2019