Top 5 Companies Dominating the UAE HVAC Market Landscape

The UAE HVAC market reached a value of about USD 1,489.51 million in 2023. The market is projected to grow at a CAGR of 6.5% in the forecast period of 2024-2032 to reach around USD 2,625.36 million by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by rising industrialisation and extreme climate.

Energy-efficient HVAC systems are increasingly being adopted across residential and commercial spaces in the UAE. Advanced HVAC units are distributed in the country by companies like Spiralite and LG. These units are designed to meet consumers’ cooling requirements while delivering energy efficiency and sustainability.  

The country's robust infrastructural development aids the UAE HVAC market expansion. HVAC solutions are widely installed in residential and commercial buildings on the mainland or offshore, as well as large infrastructural facilities such as industrial plants, hydro farms, and airports. In 2023, construction project awards surged in the UAE from AED 33.46 billion to AED 49.22 billion, an expansion of 47% YoY. 

Several investment projects in the end-use sectors support the UAE HVAC market growth. For instance, in December 2023, AQUA Properties, a leading real estate company in the United Arab Emirates, introduced two projects in the upcoming six months with a combined estimated value of AED 3 billion (USD 0.81 billion). The upcoming projects include a 50-storey luxury tower on Sheikh Zayed Road and a 300,000 sq. ft. plot in the Arjan area of UAE. 

In January 2023, Carrier Global Corporation (NYSE: CARR) demonstrated its most recent HVAC systems, supported by digital controls and service, at a Technology for the Future symposium in Dubai. The company revealed its variable refrigerant flow (VRF) technology at the event. This technology is intended for use in residential and small commercial buildings and is made to withstand the severe weather of the Middle East. 

Top 5 HVAC Companies in the UAE:

Takyeef Factory LLC

Takyeef Factory LLC has established its position as a prominent provider of HVAC systems in the UAE. The company offers superior-quality HVAC products that are certified by globally recognised bodies like TÜV and UL. The company’s standard products cover a range of fan coil units (FCUs), air handling units (AHUS), and condensing units. It also provides custom-built products to match customers’ requirements.

SASCO Airconditioning Industry

SASCO is a prominent HVAC company that has established its reputation in exporting solutions, primarily to Bahrain and Oman. Its product portfolio includes air handling units (AHU), fan coil units (FCU), HVAC Duct, Air, VCD, VAV, NRD, Sound Attenuator, and Fire Rated Duct. The company has completed projects worth more than AED 350 million throughout Saudi Arabia and the United Arab Emirates. SASCO.

Carrier Global Corporation 

Carrier is one of the global leaders in sustainable, healthy buildings, HVAC, commercial, and transport refrigeration solutions. Its HVAC product portfolio consists of several leading brands, including Carrier, Arcoaire, Beretta, Bryant, Ciat, and others. The brand “Carrier” is a world leader in high-technology heating, air-conditioning, and refrigeration solutions. Arcoaire and Beretta offer HVAC solutions for residential purposes, whereas Bryant offers residential and light commercial cooling and heating products. CIAT designs and manufactures solutions for the residential, tertiary, healthcare, and industrial sectors.

LG Electronics Inc.

LG Electronics, Inc. is a leading HVAC systems provider for residential and commercial applications. The company provides integrated and connected technology for holistic HVAC systemisation. Its products include commercial and residential HVAC systems, energy-efficient heat pump solutions, and advanced heating and cooling devices that employ VRF technology to minimise efficiency loss.

Gulf Star Cooling Services LLC

Gulf Star Cooling Services has emerged as a leading provider and has become one of the fastest-growing HVAC companies in the U.A.E. The company has provided services on several oilfield, residential and industrial projects. The company services follow strict quality assurance and quality control procedures. The company is ISO 9001:2015 certified with a management system for the design, installation, commissioning, and maintenance of industrial air conditioning systems.