KENYA HVAC Market Size & Insights
As per recent study by MarkNtel Advisors The Kenya HVAC Market size was valued at around USD 148 million in 2024 and is projected to reach USD 219 million by 2030. The market is also estimated to grow at a CAGR of around 6.82% during the forecast period, i.e., 2025-30.
What are the Key DROs in the KENYA HVAC Market?
High Requirement in Residential Sector Driving Market Demand – One of the major drivers of the market growth is the increasing requirement for HVAC systems in Kenya’s residential sector. Cities like Nairobi & Mombasa generate major market demand due to the high temperature above 30°C, necessitating effective climate control in residences. Also, the market demand will continue to rise as 46% of Kenya’s population is expected to be urbanized by 2050. This will lead to approximately 44 million people looking for effective cooling solutions for their homes by that time.
This is also associated with the growing adoption of HVAC systems in residential areas like Syokimau, Kitengela, and Ruiru during the time of construction. For instance, real estate developments by Centum Real Estate and Mi Vida Homes in Kenya provide centralized or split air conditioning systems in their mid to high-end housing units. Also, the usage of these systems has increased during the summers with a rise in household energy consumption patterns. This will continue to drive the market demand during the forecast period.
What are the Key Segments in the KENYA HVAC Market?
The KENYA HVAC is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Equipment Type
- Cooling Equipment – Market Size & Forecast 2019-2030, USD Million
- Unitary Air Conditioners- Market Size & Forecast 2019-2030, USD Million
- VRF Systems- Market Size & Forecast 2019-2030, USD Million
- Chillers- Market Size & Forecast 2019-2030, USD Million
- Room Air Conditioners- Market Size & Forecast 2019-2030, USD Million
- Window AC- Market Size & Forecast 2019-2030, USD Million
- Split AC- Market Size & Forecast 2019-2030, USD Million
- Floor Standing AC- Market Size & Forecast 2019-2030, USD Million
- Cassette AC- Market Size & Forecast 2019-2030, USD Million
- Packaged AC- Market Size & Forecast 2019-2030, USD Million
- Coolers- Market Size & Forecast 2019-2030, USD Million
- Cooling Towers- Market Size & Forecast 2019-2030, USD Million
- Heating Equipment- Market Size & Forecast 2019-2030, USD Million
- Heat Pumps- Market Size & Forecast 2019-2030, USD Million
- Furnaces- Market Size & Forecast 2019-2030, USD Million
- Unitary Heaters- Market Size & Forecast 2019-2030, USD Million
- Boilers- Market Size & Forecast 2019-2030, USD Million
- Ventilation Equipment- Market Size & Forecast 2019-2030, USD Million
- Air-Handling Units- Market Size & Forecast 2019-2030, USD Million
- Air Filters- Market Size & Forecast 2019-2030, USD Million
- Dehumidifiers- Market Size & Forecast 2019-2030, USD Million
- Ventilation Fans- Market Size & Forecast 2019-2030, USD Million
- Humidifiers- Market Size & Forecast 2019-2030, USD Million
- Air Purifiers- Market Size & Forecast 2019-2030, USD Million
- Cooling Equipment – Market Size & Forecast 2019-2030, USD Million
- By Implementation Type
- Construction- Market Size & Forecast 2019-2030, USD Million
- Retrofit- Market Size & Forecast 2019-2030, USD Million
- By Demand Type
- OEM- Market Size & Forecast 2019-2030, USD Million
- Aftermarket- Market Size & Forecast 2019-2030, USD Million
- By End User
- Commercial- Market Size & Forecast 2019-2030, USD Million
- Residential- Market Size & Forecast 2019-2030, USD Million
- Industrial- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Airports- Market Size & Forecast 2019-2030, USD Million
- Logistics- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
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Who are the Key Players in KENYA HVAC Market?
- Daikin
- Trane
- LG Electronics
- Refnet Air Conditioning Ltd
- Cool Kenya
- Snow Desert (EA) Limited
- Lean Ventures Ltd.
- Critical Cooling Systems Limited
- Skyline Services Limited
- Johnson Controls
- Others
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KENYA HVAC Industry Recent Development:
- une 2024: LG Electronics plans to increase Technical HVAC Expertise in Kenya, which will run as a partnership with the University of Nairobi. The academy enhances the skill and knowledge base of local technicians, equipping them with the ability to ensure the optimal set-up and performance of the company’s advanced HVAC solutions, which is crucial in delivering the differentiated customer experiences LG is known for.
- March 2024: Trane Technologies announces a completely new residential HVAC product portfolio globally, including Kenya. These are innovative design upgrades to its highly efficient heat pumps and air conditioners, including next-generation refrigerant with 78% less global warming potential (GWP)..
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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