6Wresearch-Bahrain Air Conditioners Market (2015-2021)


Government & Private Investments for the Development of Infrastructure Stimulating Bahrain’s Air Conditioner Market – 6Wresearch

11 September, 2015

Bahrain has the smallest economy amongst all GCC countries and is one of the most untapped markets. Though, affected by civil unrest, the country is offering significant growth opportunities in various sectors due to rising infrastructures. The initiative taken by the governing bodies to reduce the dependency on oil is enabling the entry of new industries and foreign players in the country.

According to 6Wresearch, Bahrain’s air conditioner market is forecast to grow at a CAGR of 6.0% during 2015-21. Bahrain’s air conditioner market comprises of both local as well as international players. Though, market is dominated majorly by global players, but Bahrain has the potential to fulfil its air conditioner demand through its developing manufacturing sector. Awal Gulf is the key local player providing room, split and centralized air conditioners in the Bahrain market.

Some of the international players in the market include- York, Carrier, LG, Trane, Gree, Fujitsu General, Zamil, Dakin and Mitsubishi.

According to Avishrant Mani, Senior Research Analyst, Research and Consulting, 6Wresearch, “With the growing construction industry and government investments in large projects are creating the demand for air conditioning systems. Surge in infrastructures in the areas of residential, commercial, hospitality and government & transportation applications is significantly boosting the growth of the market.

Residential is the key consumer of air conditioners in the region, contributing highest revenue share in Bahrain’s air conditioner market. Bahrain is one of the fastest growing residential markets in the GCC region, where significant number of housing units are expected to come up in the coming years. With the ongoing construction of new cities such as East Hidd, East Sitra and Northern Town huge demand for air conditioning systems would be witnessed in the country,“Avishrant further added.

According to Sathi Paul, Research Associate, Research and Consulting, 6Wresearch, “Northern region of Bahrain is main revenue generator as the capital city Manama is situated in this region, where large number of projects have commissioned and are in the pipeline including mall, offices and factories which would spur the air conditioner in the country in future.

In Bahrain air conditioner market, split, centralized and packaged air conditioner would be witnessing growth during the forecast period. The revenue from centralized air conditioner segment would increase further due to construction of mega infrastructures. Sathi Paul concluded.

Bahrain Air Conditioners Market (2015-2021)” provides in-depth analysis with 51 figures and 14 tables covered in more than 100 pages. The report estimates and forecast overall Bahrain air conditioners market by revenue, by types of air conditioner and end user applications such as residential, government & transportation, retail, healthcare, commercial offices, BFSI and others. The report also gives the insights on competitive landscape, market share by companies, company profiles, market drivers and restraints.

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

Advertisements

Author: 6wresearch- Market Intelligence Solutions

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. Our Research Process Outsourcing (RPO) division enables our client to reduce their cost by outsourcing their research needs and focusing on their core competency. Our Business Model The prime motto of 6Wresearch is to see the exponential growth of our clients by meeting all the research requirements. 6Wresearch is pioneer in implementing 6W (what, where, when, who, when and how) model across its research cycle. We believe that exhaustive research can only be accomplished if it covers all six dimensions of research: What to invest in: What product and services is to produce to target potential market? Where to invest: Which geography to enter? When to invest: When is the right time to enter to the market? Whom to target: Who is your target consumer and buyers? Why to invest: What growth and opportunity the target market is offering? How to invest: What is the right strategy to enter the target market? Our integrated survey based model enable us to deliver real insights from key industry players which enable our clients to acquaint themselves with key industry trends & developments and devise various strategies for growth. Our Core Beliefs/Values 6Wresearch values its client and believes in maintaining long term relationship with them by providing high quality research solutions. 6Wresearch maintains its core beliefs and values by complementing Commitment towards standards, ethics and integrity, Ensuring client satisfaction, Maintaining full transparency. To find details on our members and associates please go to our directory of members.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s