Press release
GCC Chillers Market Insight 2023-2028 - Development, Trends, Demand, and Growth Projection| Daikin, Johnson controls, and S.K.M Air Conditioning
MarkNtel Advisors, a prominent market research firm, has recently published a report titled "GCC Chillers Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive study explores into the industry, offering an in-depth examination of the GCC Chillers market, encompassing research findings, size, market share, trends, and growth projections.
Furthermore, the report encompasses competitor and countries analyses, spotlighting the most recent developments in the market.
Report Historical Data:
> Historical Data: 2018-21
> Base Year: 2022
> Forecast Period: 2023-28
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GCC Chillers Market Overview:
The GCC Chillers Market size is projected to grow at a CAGR of around 6.0% during the forecast period, i.e., 2023-28. The growth of the market would be driven mainly by rapid urbanization & population growth, extreme climate conditions with high temperatures & humidity levels, and massive investments by various countries in infrastructure development projects associated with commercial buildings, residential complexes, airports, hospitals, & hotels. These aspects create a strong demand for chiller systems to provide efficient & effective cooling solutions in these infrastructures and maintain comfortable indoor environments.
What are the top listed GCC Chillers Companies in the market?
* Daikin Middle East and Africa FZE
* Johnson controls
* S.K.M Air Conditioning LLC
* Petra Engineering Industries Company
* Midea Group
* Gami Air Conditioners Manufacturing Company L.L.C.
* Zamil Air conditioners
* Smardt Chiller Group FZE
* Dunham-Bush
* Carrier Corporation
* Others
What Factor Driving the GCC Chillers Industry Growth in the coming years?
Extreme Climate Conditions, characterized by High Temperatures & Humidity Levels: The hot and humid climate in the GCC region creates a high demand for cooling systems, including chillers, making it essential for maintaining comfortable indoor environments in residential, commercial, and industrial buildings. Thus, the extreme heat and humidity levels drive the need for efficient and powerful cooling solutions, leading to an increased demand. [read more - https://www.marknteladvisors.com/research-library/gcc-chillers-market.html ]
What segmentation included in GCC Chillers market?
By Compressor Type
* Screw Chillers
* Scroll Chillers
* Reciprocating Chillers
* Turbocor Chillers
* Centrifugal Chillers
* Absorption Chillers
By Product
* Air-Cooled
* Water-Cooled
By End Users
* Oil & Gas
* Chemicals
* Food & Beverage
* Healthcare
* Hospitality
* Residential
* Power Utilities
* Others (Government & Transportation, etc.)
By Capacity
* Less than 150 Tons
* 150-1000 Tons
* 1001-2000 Tons
* Above 2000 Tons
Separation By Country
* The UAE
* Saudi Arabia
* Qatar
* Kuwait
* Bahrain
* Oman
In case you missed it, we are currently revising our reports. Click on the "Request Customization Report" button to get the latest research data with forecast for years 2024 to 2029, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report. [Visit - https://www.marknteladvisors.com/query/request-customization/gcc-chillers-market.html ]
Reason to Buy This Report:
> In-depth analysis covering GCC Chillers Market Size, Share, Growth, Trends, and Future Outlook.
> Focus on Industry Dynamics, Demand, and Development Opportunities.
> Incorporates Latest Investment and Industry Reports for a comprehensive view.
> Accurate Forecast data to guide informed decision-making.
> Presented in English for clear and concise understanding.
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