Middle East District Cooling Market : Key Players – National Central Cooling Company PJSC (Tabreed), Emirates Central Cooling System Corporation (Empower), Emicool, Stellar Energy, DC PRO Engineering, ADC Energy Systems, Qatar District Cooling Company,

How will rising infrastructural development impel Middle East district cooling industry share between 2020-2025?

Middle East district cooling market has emerged as one of the most lucrative verticals in recent years. The market is projected to observe a tremendous growth trend in the coming years. This growth can be attributed to the rising need for reliable and cost-efficient cooling units across the region. Mounting investments in infrastructural development in the Gulf nations is also a major factor driving the market outlook.

Increasing efforts by people to grow the cooling capacity to accelerate infrastructural development would further foster the industry outlook. Citing an instance, in 2015, Emicool unveiled its goal to extend its plant capacity with respect to the Dubai Investments Park expansion as a new initiative for its development strategy for the World Expo 2020.

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As per a research report by Global Market Insights, Inc., Middle East district cooling market is projected to surpass $14 billion through 2025.

How would the growth of commercial applications propel Middle East district cooling market share?

With reference to the application segment, commercial district cooling is projected to observe considerable growth through the forthcoming timeframe. Mounting implementation of cooling systems across commercial facilities is a key factor pushing the segment share in the market.

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The region is witnessing growing adoption of these systems in malls, shops, hospitals, hotels, and offices. In addition, surging demand for LEED (Leadership in Energy and Environmental Design) authorized constructions with improved emphasis over energy conservation would also outline the industry outlook.

How Middle East district cooling market is drawing growth from UAE and Saudi Arabia?

Government norms and regulations for efficient energy usage is likely to be a key factor propelling the UAE district cooling industry. Along with energy efficiency, increasingly growing construction sector would push the industry share in the forthcoming timespan. Companies including Empower and Logstor operating in the nation have inked a deal to utilize fiber-optic networks for their cooling systems to conserve water resources.

Apart from UAE, increasing pace of construction activities across prominent cities of Saudi Arabia like Mecca and Riyadh would also proliferate the Middle East district cooling market share in the future. In addition, strict regulatory norms coupled with energy-efficiency regulations would push the market share in the country.

How would electric chillers emerge as a revenue-generating vertical in Middle East district cooling market?

Electric chillers DC market is projected to observe significant profit in the coming years. This development can be accounted to affordable electricity and operational feasibility available across the Middle East countries.

This technique can be used to provide a majority of the centralized cooling power with a high coefficient of performance in comparison with alternating units, which should further push product demand across the region.

All in all, growing construction activities, strict government norms are overtly indicative of a massive range of opportunities for Middle East district cooling market players. Some of the prominent players in the market are Logstor, ADC Energy, Marafeq Qatar, Shinryo Corporation, Stellar Energy, Qatar Cool, Tabreed, Siemens, Empower and Emicool among others.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.