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U.A.E. HVAC Market Present Scenario and Future Growth Prospects by 2024 Including Daikin Industries, Ltd., Johnson Controls, United Technologies, Zamil Air Conditioners, LG Electronics & Ingersoll Rand

04-25-2019 11:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

U.A.E. HVAC Market Present Scenario and Future Growth Prospects

U.A.E. HVAC market is expected to reach $1.4 billion by 2024, registering a CAGR of 6.4%, during the forecast period. The growth in the market can be attributed to rising investments in the tourism-related projects, commercial infrastructure, and development in the overall transportation sector.

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On the basis of HVAC type, U.A.E. HVAC market is segmented into heating, ventilation, and cooling. Of these, ventilation category is anticipated to exhibit fastest CAGR during the forecast period, due to increasing development of commercial spaces like upcoming metro projects, shopping malls, hotels, and others in the country, where ventilation system is expected to find its widespread application.

Based on cooling type, U.A.E. HVAC market has been segmented into room air conditioner (RAC), split units, variable refrigerant flow (VRF), ducted split/packaged unit, and chillers. Among these, VRF is expected to register fastest growth in the market.

Read summary of report here :: https://www.psmarketresearch.com/market-analysis/uae-hvac-market

Increasing construction projects in transportation sector is one of the key drivers of U.A.E. HVAC market. U.A.E. is exhibiting rise in construction projects in transportation sector pertaining to metro railway expansion projects and construction of new airports.

In the recent past, facility expansion has been the major activities observed in U.A.E. HVAC market. Daikin Industries Ltd., and Johnson Controls International PLC have been observed as the forerunner in strategic developments in the last year. These company are majorly focusing on facility expansion to strengthen their position in the market.

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Some of the major players operating the U.A.E. HVAC market includes, United Technologies Corporation, SKM Air Conditioning LLC., Zamil Air Conditioners, LG Electronics Inc., Gree Electric Appliances Inc. of Zhuhai, Mitsubishi Electric Corporation, Johnson Controls International PLC, Danfoss A/S, Ingersoll-Rand plc, Midea Group Co. Ltd., and Daikin Industries Ltd.

U.A.E HVAC Market Segmentation

Market Segmentation by HVAC Type
• Heating
o Heat Pumps
 Air source
 Water source
 Ground source
o Furnaces
 Gasoline
 Propane
 Electric
o Boilers
 Water-tube
 Fire-tube
o Unitary Heaters

Market Segmentation by Region

• Abu Dhabi & Al Ain HVAC Market
• Dubai HVAC Market
• Sharjah & Other Northern Emirates HVAC Market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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