Middle East and Africa Heating - SITE LICENSE

Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market in the Middle East and Africa (MEA) market is primarily driven by the rising infrastructure projects in the region. Leading manufacturers in the HVACR industry are tapping this market by introducing cost effective, energy efficient products in the region. The rising electricity demand in the region has prompted government and regulators to develop stringent policies and regulations that govern the HVACR units operation in the region. Moreover, the HVACR market in the region is witnessing a shift towards sustainable HVAC products that use renewable sources of energy such as solar energy and ground-cooling technology such as Geothermal Heat Pumps (GHPs).
This study includes an overview and analysis of the Middle East and Africa Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market, by type of products and components across different countries, allowing the researcher to develop a comprehensive outlook of the market. The report provides an extensive insight into various forms of developments, trends, and key participants. While highlighting the key driving and restraining forces for this dynamic market, the report also provides an in-depth analysis of the Porter’s five forces model of the HVACR market and an assessment of the factors governing it.The report builds itself upon an all-inclusive value chain providing a clear understanding of the ecosystem of the energy efficient devices market penetration.
The following key questions are answered in the “Middle East and Africa Heating, Ventilation Air-conditioning and Refrigeration (HVACR) Market, 2016-2022” report:
? What are major types of HVACR products prevalent in Middle East and Africa region?

? Who are the major players in Middle East and Africa HVAC market and their respective company profile?
? What are the key market developments and strategies of leading players in Middle East and Africa HVACR market?
? What are major drivers, challenges and opportunities for Middle East and Africa HVACR market?
? What is the market size (value and volume) of window and portable/moveable air conditioners in major countries across Middle East and Africa (both North Africa and South Africa) region?
? What is the market size (value and volume) of split systems in different countries across Middle East and Africa (both North Africa and South Africa) region?
? What is the market size (value and volume) of single packed systems in different countries across Middle East and Africa (both North Africa and South Africa) region?
? What is the market size (value and volume) of chillers in Africa (both North Africa and South Africa) and major countries across Middle East and Africa HVACR market?
? What is the market size (value and volume) of both water–cooled and air-cooled AHU and FCU in different countries across Middle East and Africa (both North Africa and South Africa) region?
? What is the market size (value) of refrigeration cycle components across different products?
? What is the market share of top five HVACR players in the Middle East and Africa HVACR market?
The report includes the profiles of major players such as Carrier, Trane, Johnson controls, Daikin, along with local players such as SKM Air conditioning and Zamil Air Conditoners, among others in the HVACR market, allowing the readers to gain an insight into the various industry trends.
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Report URL: https://bisresearch.com/industry-report/mea-hvac-refrigeration-market-2022.html
The demand of regulating temperature expanded from industries to large commercial buildings and household applications. HVACR systems are gradually becoming more of a necessity rather than mere luxury products in countries across the Middle East & Africa (MEA) region. Countries such as Saudi Arabia and the United Arab Emirates (U.A.E.) account for the major share of HVACR market in the MEA region primarily due to perennial hot climate, growing population, infrastructure, along with urban development among others.
Middle East HVACR market volume is expected to reach a volume of 6,490.83 thousand units by 2022. The demand for HVACR products in the Middle East market is mainly driven by factors such as rising population, developments in the residential markets, along with growing commercial and industrial units, among others.
The Middle East HVACR product market is witnessing a gradual emergence of new cost-effective and energy efficient technologies that meet the required standards and regulations, as well as attempts to fulfill growing customer demands.
Africa HVACR market volume is expected to reach a volume of 3,595.48 thousand units by 2022.
The demand for HVACR products in the African market is mainly driven by factors such as increasing consumer demands for low-cost, energy efficient products as well as rise in residential, commercial and industrial developments in the region.
In 2015, Middle East mini split market volume was largest. The demand for mini split products in the Middle East market is mainly driven by factors such as ease of installation, small size, and less energy consumption in residential and commercial buildings.
Qatar HVACR is expected to grow at the highest CAGR during 2016-2022 owing to the higher demand from hospitality and tourism industry because of the FIFA world cup in 2022.
Saudi Arabia acquired largest volume in 2015. The country faces extreme climatic conditions throughout the year. Furthermore, growth in residential sector is elevating the demand of air conditioners in this country.
The U.A.E. acquired second largest market in terms of volume because of the purchasing power of the population including the foreign resident workersliving in this country.
Iran market is expected to remain flat during 2016-2022.
For North Africa, Morocco is expected to grow at the highest CAGR during 2016-2022 because of increasing housing projects in this country.
Egypt dominated the HVACR market in 2015 owing to its strategic location (convenient logistic routes) proximity with other markets such as Middle East along with young demographics.
Kingdom of Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Iran
Tunisia
Morocco
Egypt
South Africa
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The demand of regulating temperature expanded from industries to large commercial buildings and household applications. HVACR systems are gradually becoming more of a necessity rather than mere luxury products in countries across the Middle East & Africa (MEA) region.
The analysts at BIS Research have estimated that the Middle East and Africa HVACR market will increase to 10,086.31 thousand units by 2022.The demand for HVACR products in the Middle East market is mainly driven by the factors such as rising population, developments in the residential markets, along with growing commercial and industrial units, among others.
The main objective of the report is to help stakeholders take sound decisions by providing substantial answers regarding the major aspects of the industry including market drivers and opportunities, key development strategies of HVACR players, market size (volume and value)across different products along with country analysis.
HVACR market possesses a range of opportunities across the MEA region which is untapped. These opportunities come at a time when there is rise in urban population and unprecedented growth in infrastructure developments.
Renewable energy resources will soon become indispensable across the MEA region. The region is famous for its rich oil reserves and the growing economy because of high revenue generations by oil export worldwide.
Green building projects in MEA region are on a high rise with growing economy and more development towards making the city smart. These projects are aimed at reducing the consumption of non renewable resources of energy with major focus on sustainable development.
Smart city is no longer a concept limited to Europe and the Americas. It is anticipated that by 2025, half of the smart cities will be outside these regions. With rapid growth towards smart cities and green buildings, a huge demand for products which can work more efficiently is created.
Gree Electric Appliances Inc.
Daikin
L.G. Corporation
Midea Group
United Technologies Corporation (Carrier)
Zamil Industrial (Zamil Air Conditioners)
Samsung
Johnson Controls
Ingersoll Rand
Middle East and AfricaHVACR MarketAnticipated to Grow to 10,086.31thousand units by 2022