Dec 21, 2022   SOURCE: BusinessWire

Tanzania Air Conditioner Industry Insights to 2027 - by Type, Application and Region - ResearchAndMarkets.com

The "Tanzania Air Conditioner Market Outlook: Market Forecast By Types (Room Air Conditioner, Ducted, Ductless, Centralized), By Applications, By Regions And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

According to the publisher, the Tanzania Air Conditioner Market size is projected to grow at a CAGR of 5.5% in terms of revenues during 2021-2027.

Tanzania Air Conditioner (AC) Market is projected to grow over the coming years. Tanzania Air Conditioner (AC) Market report is a part of our periodical regional publication Africa Air Conditioner (AC) Market outlook report. 6W tracks air conditioner market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.

The Tanzania air conditioner market report thoroughly covers market by types, sectors and countries. Tanzania air conditioner market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Tanzania Air Conditioner Market Synopsis

The Tanzania air conditioner market witnessed a moderate growth during the period 2017-2020 underpinned by rising urbanization in the country. The Tanzanian government has placed a strong emphasis on infrastructure and construction as a key engine of urban growth and financial stability, henceforth driving the growth of air conditioner market in the country.

However, the covid-19 pandemic brought a decline in market revenues during the year 2020 as the movement restrictions imposed during the pandemic period disrupted the supply chain leading to fall in market demand and hence the market revenues.

The primary reason for growth in the Tanzania air conditioner industry can be attributed to the upcoming aviation, railways and hospitality sector projects in the country which includes the international airport in Msalato and Tanzania SGR project. Moreover, the rising economy and per capita income of Tanzania would play a crucial role in improving the living standards and in increasing the disposable income of the Tanzanians, hence boosting the sales of home appliances including air conditioners in the country.

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Room Air Conditioner
  • Window
  • Split
  • Ducted
  • Ceiling Concealed
  • Rooftop Packaged
  • Ductless
  • Suspended
  • Floor Standing
  • Cassette
  • Centralized
  • AHU/FCU
  • Chiller
  • VRF
  • Other (Evaporator Coils, Condensing Units, etc.)

By Applications

  • Residential
  • Healthcare
  • Commercial Offices & Retail
  • Transportation
  • Hospitality
  • Other (Education, BFSI, Manufacturing etc)

By Regions

  • Coastal
  • Lake
  • Central
  • South Highlands
  • North
  • Zanzibar

Companies Mentioned

  • CFEE - Westpoint International
  • GREE Electric Appliances Inc.
  • Midea Group Co. Ltd.
  • Daikin Industries Ltd.
  • LG Electronics Inc.
  • Carrier Corporation
  • Samsung Electronics Co., Ltd.
  • Hisense Electric

For more information about this report visit https://www.researchandmarkets.com/r/df5cnb