Africa Air Conditioner Market Insights:
The Africa Air Conditioner Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. The market is driven by the rapidly growing home ownership across the continent, particularly in established nations like South Africa, Kenya, and Nigeria.
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Africa Air Conditioner Market Definition:
An air conditioner is a central heating and cooling system that cools a space by eliminating heat and controlling the temperature humidity of the air within that space.
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Key Driver: Augmenting Demand for Energy-efficient Air Conditioners
The need for environment-friendly energy-efficient products is increasing in a bid to reduce the energy footprint created by air conditioners electricity consumption. Similarly, to curb greenhouse gas emissions by 40 million tons by 2040, strict air conditioning efficiency standards are being adopted by African countries. Thus, investing in sustainable energy-efficient conditioners would benefit the market players, thus influencing the market size in the forecast years.
Africa Air Conditioner Market Segmentation:
-By Product Type
- Window, Split
- Floor Standing
- Cassette
- Packaged
- Ducted Split
- Condensing units/VRF
- Chillers
- AHU/FCU
-By End-User
- Residential
- Commercial
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Africa Air Conditioner Market Geographically Analysis:
-By Country
- South Africa
- Nigeria
- Kenya
- Algeria
- Morocco
- Others
Africa Air Conditioner Leading Companies:
- Airconditioning Heating International Carrier Fzc
- Daikin Middle East and Africa FZE
- Samsung Electronics Co. Ltd.
- LG Electronics
- Midea Middle East
- Sharp Middle East Fze
- Haier Electronics Group Co., Ltd.
- Dunham-Bush International (Africa) (PTY) Ltd
- Trane Inc.
- Gree Electric Appliances, Inc. Of Zhuhai
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