DUBLIN, Aug. 13, 2018 /PRNewswire/ --
The "Sudan & South Sudan Air Conditioner Market (2018-2024): Market Forecast by Product Type, by Applications, by Regions and Competitive Landscape"[1] report has been added to ResearchAndMarkets.com's offering.
Sudan & South Sudan, Air Conditioner market is forecast to grow at a CAGR of 5.5% during 2018-24.
Reduction in energy subsidies and imports due to the depreciation of the exchange rate, low oil production, falling government revenues along with economic instability due to internal conflicts in several regions of Sudan and South Sudan have resulted in a decline in the demand of air conditioners in both the countries in 2017. However, during the forecast period, the market is projected to register sound growth due to rising demand across several sectors such as hospitality, commercial and retail, residential, and others.
Room air conditioner segment acquired the majority of the volume share in both Sudan and South Sudan due to its affordable prices and the majority of the demand from the residential sector. In the residential sector, split air conditioner accounted for the highest share owing to its less noise, more effective as compared to window air conditioners and an additional anti-mosquito feature. However, during the forecast period, cassette air conditioner and floor standing air conditioners in the ductless segment are forecast to register maximum growth, due to its wider application in commercial and retail sectors. In the centralized air-conditioner segment, VRF or the inverter based technology would witness additional growth over the coming years.
The residential and commercial & retail applications garnered highest revenue share from the air conditioner sales due to rapid commercialization of the urban areas of Khartoum and near-by regions in 2017. During the forecast period, further demand is likely to come from the government & transportation sectors due to the development of Al Basheer Medical City in six regions of Sudan.
Some of the key players in the Sudan & South Sudan air conditioner markets are LG Electronics Inc, Samsung Electronics Co. Ltd., Fujitsu General Ltd., GREE Electric Appliances Inc. and Midea group Co. Ltd.
Markets Covered
By Product Types:
- Room AC:
- Ducted AC:
- Ductless AC:
- Centralized AC:
By Applications:
- Residential
- Commercial Buildings & Retail
- Govt. & Transportation
- Hospitality
- Oil & Gas
- Others
By Regions:
- Northern
- Western
- Southern
Companies Mentioned
- Fujitsu General Ltd.
- GREE Electric Appliances Inc.
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Samsung Electronics Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/ffpt8c/sudan_and_south?w=5[2]
Did you know that we also offer Custom Research? Visit our Custom Research[3] page to learn more and schedule a meeting with our Custom Research Manager.
Media Contact:
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/sudan--south-sudan-air-conditioner-market-to-2024-key-players-are-lg-samsung-fujitsu-general-gree-electric-appliances-and-midea-300696098.html[5]
References
- ^ "Sudan & South Sudan Air Conditioner Market (2018-2024): Market Forecast by Product Type, by Applications, by Regions and Competitive Landscape" (www.researchandmarkets.com)
- ^ https://www.researchandmarkets.com/research/ffpt8c/sudan_and_south?w=5 (www.researchandmarkets.com)
- ^ Custom Research (www.researchandmarkets.com)
- ^
This email address is being protected from spambots. You need JavaScript enabled to view it. (www.bing.com) - ^ http://www.prnewswire.com/news-releases/sudan--south-sudan-air-conditioner-market-to-2024-key-players-are-lg-samsung-fujitsu-general-gree-electric-appliances-and-midea-300696098.html (www.prnewswire.com)
Newer articles:
- South Sudan army chief defies UN travel ban with visit to China - 16/08/2018 12:32
- Why South Sudan must embrace justice mechanisms for peace - 16/08/2018 12:22
- South Sudan to export 3 million barrels of oil in September - 15/08/2018 13:50
- South Sudan reconciliation deal raises concerns over undermining previous war crimes - 14/08/2018 05:34
- Aid worker killings rise, fueled by conflict in South Sudan, Syria - 13/08/2018 20:23
Older news items
- South Sudan begins 3rd round of peace talks - 13/08/2018 13:26
- South Sudan declared most violent for aid workers for third straight year - 13/08/2018 07:22
- European Union transposes United Nations Security Council resolution 2428 reinforcing sanctions on South Sudan - 13/08/2018 05:19
- South Sudan deal: Hopes and misgivings - 12/08/2018 18:00
- Protecting Civilians is Key for Achieving Peace in South Sudan - 12/08/2018 15:24
Latest news items (all categories):
- President Salva Kiir sacks two vice presidents and others in a decree today (10/02/2025) - 10/02/2025 19:36
- South Sudan parties adjourn talks in Kenya - 10/02/2025 16:24
- South Sudan becomes 22nd African country to be affected by mpox - 10/02/2025 16:21
- More to come for South Sudan's Bright Starlets - 10/02/2025 16:16
- UAE President receives President of South Sudan - 10/02/2025 16:09
Random articles (all categories):
- Foreign governments must 'pressure South Sudan to end epidemic of rape' - 25/07/2017 00:03
- Putin Demonstrates How to Put on Translation Earpiece During Meeting With South Sudan President - 29/09/2023 06:10
- South Sudan's Kiir pardons politicians, rebels - 09/10/2013 03:15
- Ethnic Cleansing In Collo Land. - 14/07/2010 01:00
- South Sudan peace deal bumpy as rebel leader doesn't return - 26/10/2018 03:07
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 69753 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 22369 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 21575 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 19304 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 19221 times