Saudi Arabia Desert Air Coolers Market Size
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR (2024 - 2029) | 5.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Desert Air Coolers Market Analysis
The Saudi Arabia Desert Air Coolers Market is expected to register a CAGR of 5.45% during the forecast period.
Desert air coolers, also known as evaporative air coolers, use the phenomenon of evaporation to reduce temperature in the surrounding area. Increasing technological advancements and rising disposable income are a few factors favoring the expansion of the Saudi Arabia desert air coolers market. The continuous rise in the number of commercial spaces and other construction projects in Saudi Arabia is pushing up air cooling system sales.
The increasing need for energy-efficient cooling options has further driven the air cooler market's expansion in Saudi Arabia. Modern consumers are becoming increasingly conscious of the importance of sustainable practices and are actively seeking products that align with their economic and environmental values. As a result, air cooler manufacturers have been successful in meeting these demands by offering a greener and more economical cooling alternative.
Saudi Arabia Desert Air Coolers Market Trends
Rising Sales Through Online Channels
Online revenue share of home appliances in Saudi Arabia has observed a continuous increase over the years, leading to market opportunities for desert air cooler manufacturers to expand their sales in the region. Over the years online penetration of e-commerce in the country has observed a continuous increase in the number of online stores and platforms in the country. With these trends, an increasing number of manufacturers and retailers are offering their desert air coolers either through direct websites or e-commerce channels in the country. Among the online sales, major Saudi Arabian cities of Ar-Riyadh, Jiddah, and Makkah, with continuous rise in the level of income and employment, are providing major opportunities for desert air cooler manufacturers to expand their product sales.
Increasing Demand from Residential Segment
The total number of households in Saudi Arabia has observed a continuous increase over the years, leading to a continuous number of residential spaces and houses being constructed. Rising houses and residential spaces are leading to an increase in demand from residential segments to opt for desert air coolers. Over the years, revenue of the cooling market in Saudi Arabia has observed a continuous increase, leading to an increase in sales of air conditioners and coolers and creating a positive externality for the sales of desert air coolers in the market. Among the rural and urban areas, a comparatively urban segment of the population exists, with a higher demand for desert air coolers at more than 1.5% last year. These trends are leading to Saudi Arabia emerging as a major market for desert air coolers.
Saudi Arabia Desert Air Coolers Industry Overview
The Saudi Arabia Desert Air Coolers Market is a fragmented industry. Technological advancements play an important role in shaping the desert air cooler market. Manufacturers are continually investing in research and development to improve the cooling efficiency, durability, and user-friendliness of these devices. Innovations such as intelligent controls, energy-saving features, and remote operation capabilities are driving consumer demand and setting new trends in the market. Some of the existing players in Saudi Arabia's desert air cooler market are Gree, SuperGeneral, Evvoli, Aux, and Crownline.
Saudi Arabia Desert Air Coolers Market Leaders
-
Gree
-
SuperGeneral
-
Evvoli
-
Aux
-
Crownline
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Desert Air Coolers Market News
- January 2023: Samsung today announced a partnership with Veda Holding, a business incubator based in Riyadh, Saudi Arabia. Samsung Experience Store is a destination for consumers to play, learn, and solve problems. They can find the most recent line-up of products and learn how to make their daily lives more enjoyable and creative.
- June 2022: Samsung Corp launched bespoke air cooler appliances to appeal to consumers seeking to customize their homes. Available in a range of materials and colors
Saudi Arabia Desert Air Coolers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Residential Construction
4.3 Market Restraints
4.3.1 Availability of Alternatives
4.4 Market Opportunities
4.4.1 Technological Innovation in Air Coolers
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on Technology Innovation in the Market.
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Water Capacity
5.1.1 30-40 Lt.
5.1.2 40-50 Lt.
5.1.3 50-60 Lt.
5.1.4 60-70 Lt
5.2 By Application
5.2.1 Indoor
5.2.2 Outdoor
5.3 By Distribution Channel
5.3.1 Wholesalers
5.3.2 Distributors
5.3.3 Hypermarkets and Supermarkets
5.3.4 Speciality Store
5.3.5 Multi-Brand Stores
5.3.6 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Gree
6.2.2 Evvoli
6.2.3 SuperGeneral
6.2.4 Aux
6.2.5 Crownline
6.2.6 Midea
6.2.7 Daikin
6.2.8 Emerson
6.2.9 Carrier
6.2.10 Toshiba*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Saudi Arabia Desert Air Coolers Industry Segmentation
Desert air coolers are devices designed to cool the air in hot and dry regions. They work on the principle of evaporation, wherein water is converted into vapor, thereby reducing the temperature of the air passing through cooling pads. This cool air is then circulated into the surrounding environment, providing a refreshing and comfortable indoor climate. The study gives a brief description of the Saudi Arabia desert air coolers market. It includes details on market sales of different types of desert air coolers, investments by the manufacturers, and the launch of new desert cooler machines in the Saudi market.
Saudi Arabia's desert air cooler market is segmented by water capacity, application, distribution channel, and end user. By water capacity, the market is segmented into 30-40 Lt., 40-50 Lt., 50-60 Lt., and 60-70 Lt. By application, the market is segmented into indoor and outdoor. By distribution channel, the market is segmented into wholesalers, distributors, hypermarkets, supermarkets, specialty stores, multi-brand stores, and others. By end user, the market is segmented into residential and commercial. The report offers market size and forecasts for the Saudi Arabia desert air coolers market in value (USD) for all the above segments.
By Water Capacity | |
30-40 Lt. | |
40-50 Lt. | |
50-60 Lt. | |
60-70 Lt |
By Application | |
Indoor | |
Outdoor |
By Distribution Channel | |
Wholesalers | |
Distributors | |
Hypermarkets and Supermarkets | |
Speciality Store | |
Multi-Brand Stores | |
Others |
Saudi Arabia Desert Air Coolers Market Research FAQs
What is the current Saudi Arabia Desert Air Coolers Market size?
The Saudi Arabia Desert Air Coolers Market is projected to register a CAGR of 5.45% during the forecast period (2024-2029)
Who are the key players in Saudi Arabia Desert Air Coolers Market?
Gree, SuperGeneral, Evvoli, Aux and Crownline are the major companies operating in the Saudi Arabia Desert Air Coolers Market.
What years does this Saudi Arabia Desert Air Coolers Market cover?
The report covers the Saudi Arabia Desert Air Coolers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Desert Air Coolers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Desert Air Coolers Industry Report
Statistics for the 2024 Saudi Arabia Desert Air Coolers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Desert Air Coolers analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.