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Middle East and Africa HVAC Market Size, Share, Analysis: By Equipment: Heating, Ventilation, Cooling; By Implementation Type: New Constructions, Retrofits; By End Use: Residential, Commercial, Industrial, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Middle East and Africa HVAC Market Outlook
The Middle East and Africa HVAC market size reached approximately USD 10.41 billion in 2023. The market is assessed to grow at a CAGR of 6.5% between 2024 and 2032 to attain a value of around USD 18.44 billion by 2032.
Key Trends in the Market
HVAC, variously known as heating, ventilation, and air conditioning, refers to systems that move and regulate the temperature and humidity of an indoor environment. It also captures spores, bacteria, and virus-sized particles to improve air quality and control humidity levels. In the residential, commercial, and industrial sectors, HVAC plays an essential role in regulating ventilation and heat.
- Growing pollution levels and deteriorating air quality index (AQI) are positively influencing the Middle East and Africa HVAC market demand. Surging concerns regarding respiratory diseases, coupled with increasing incidences of allergies to pollen and dust, are prompting homeowners and building operators to install HVAC systems that can ensure optimal indoor air quality and efficiently remove pollutants and allergens.
- Sustainability has emerged as a significant area of concern for stakeholders and governments around the world, including the Middle East and Africa. Hence, the development of sustainable and environmentally friendly heating and cooling systems that do not produce harmful gases such as chlorofluorocarbons (CFCs) and hydrofluorocarbons (HFCs) is one of the key Middle East and Africa HVAC market trends.
Key HVAC companies are also investing in sustainable practices and technologies and minimising the usage of fossil fuels. Furthermore, sustainable developments like solar HVAC systems, geothermal power sources, hydronic heating technology, and wind power heaters, among others, are likely to favour the market demand in the forecast period.
- The Middle East and Africa HVAC market growth can be attributed to the increasing adoption of automated HVAC technologies and the development of new and complex tools such as movement-activated air conditioning, smart homes, and dual-fuel heat pumps, among others. Automation of HVAC ensures optimal indoor air quality, reduces operational costs, and enhances the energy efficiency of a building while providing a streamlined problem-solving approach.
- The growing usage of advanced technologies such as artificial intelligence (AI) and machine learning (ML) is expected to favour the Middle East and Africa HVAC market expansion in the coming years. Such technologies facilitate remote monitoring and control of HVAC systems, enable predictive maintenance, lower maintenance costs and downtime, eliminate excessive cooling and heating, and optimise variables like humidity and airflow.
Market Analysis
Based on equipment, the market is divided into heating, ventilation, and cooling. On the basis of implementation type, the Middle East and Africa HVAC market segmentation includes new constructions and retrofits.
By end use, the market divisions include residential, commercial, and industrial, among others. The major countries of HVAC in the Middle East and Africa include the United Arab Emirates, Saudi Arabia, Qatar, Oman, Egypt, Nigeria, and Morocco, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Middle East and Africa HVAC market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Carrier Global Corporation
- Zamil Air Conditioners
- LG Electronics Inc.
- Daikin Industries, Ltd.
- Samsung Electronics Co. Ltd.
- Johnson Controls International plc
- Gulf Star Cooling Services LLC
- S.K.M. Air Conditioning LLC
- GREE Comfort
- Takyeef Factory LLC
- SASCO Airconditioning Industry
- Others
Market Share by Implementation Type
New constructions account for a significant portion of the Middle East and Africa HVAC market share. The installation of HVAC systems during construction offers various benefits, such as advanced energy-saving features, better integration with the design and layout of buildings, long-term cost savings, and improved flexibility.
In the forecast period, the rising construction of green and energy-efficient buildings in the Middle East and Africa is likely to surge the demand for HVAC systems in new construction activities.
Market Share by End Use
As per the Middle East and Africa HVAC market analysis, the demand for HVAC systems in the commercial sector is considerably surging amid the growing awareness regarding the importance of optimal indoor temperature, humidity, and ventilation to enhance the productivity of employees. Governments in the region are actively introducing stringent initiatives to reduce the energy consumption of commercial buildings, hence boosting the installation of HVAC systems.
Growing infrastructural development activities and increasing construction of commercial buildings like malls and offices in countries like Saudi Arabia and South Africa, among others, are fuelling the demand for HVAC. Besides, the increasing focus of homeowners to create a healthy, safe, and comfortable indoor environment is anticipated to aid the market demand in the coming years.
Competitive Landscape
Gulf Star Cooling Services LLC, established in 1997, is a prominent HVAC company that is headquartered in Abu Dhabi, the UAE. It also has a workshop in Mussafah and a branch in Dubai. A part of Control & Applications Group, the company has completed more than 150 projects in the UAE and boasts expertise in offshore and onshore HVAC areas.
S.K.M. Air Conditioning LLC is a major manufacturer of HVAC equipment in the Gulf. It was established in 1974 and aims to meet the growing needs of indoor environment quality in extreme environmental conditions. The company also offers premium quality products and solutions for blue chip projects for government agencies, companies, and organisations.
Zamil Air Conditioners, founded in 1974, is the heating, ventilation, and air conditioning subsidiary of Zamil Industrial Group. It has established its position as a leading manufacturer of air conditioners in the Middle East and Saudi Arabia. It provides air conditioning solutions for the industrial, commercial, and residential sectors.
Other Middle East and Africa HVAC market players include Carrier Global Corporation, LG Electronics Inc., Daikin Industries, Ltd., Samsung Electronics Co. Ltd., Johnson Controls International plc, GREE Comfort, Takyeef Factory LLC, and SASCO Airconditioning Industry, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Equipment |
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| Breakup by Implementation Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global HVAC Market Overview
8.1 Key Industry Highlights
8.2 Global HVAC Historical Market (2018-2023)
8.3 Global HVAC Market Forecast (2024-2032)
8.4 Global HVAC Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Middle East and Africa HVAC Market Overview
9.1 Key Industry Highlights
9.2 Middle East and Africa HVAC Historical Market (2018-2023)
9.3 Middle East and Africa HVAC Market Forecast (2024-2032)
10 Middle East and Africa HVAC Market by Equipment
10.1 Heating
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Market by Type
10.1.3.1 Heat Pumps
10.1.3.2 Furnaces
10.1.3.3 Unitary Heaters
10.2 Ventilation
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Market by Type
10.2.3.1 Air-Handling Units
10.2.3.2 Ventilation Fans
10.2.3.3 Dehumidifiers and Humidifiers
10.2.3.4 Others
10.3 Cooling
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Market by Type
10.3.3.1 Unitary Air Conditioners
10.3.3.2 VRF Systems
10.3.3.3 Chillers
10.3.3.4 Cooling Towers
10.3.3.5 Coolers
10.3.3.6 Others
11 Middle East and Africa HVAC Market by Implementation Type
11.1 New Constructions
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Retrofits
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Middle East and Africa HVAC Market by End Use
12.1 Residential
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Commercial
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Industrial
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa HVAC Market by Country
13.1 United Arab Emirates
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Saudi Arabia
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Qatar
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Oman
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Egypt
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Nigeria
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Morocco
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Others
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Carrier Global Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Zamil Air Conditioners
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 LG Electronics Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Daikin Industries, Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Samsung Electronics Co. Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Johnson Controls International plc
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Gulf Star Cooling Services LLC
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 S.K.M. Air Conditioning LLC
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 GREE Comfort
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Takyeef Factory LLC
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 SASCO Airconditioning Industry
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global HVAC Market: Key Industry Highlights, 2018 and 2032
2. Middle East and Africa HVAC Market: Key Industry Highlights, 2018 and 2032
3. Middle East and Africa HVAC Historical Market: Breakup by Equipment (USD Billion), 2018-2023
4. Middle East and Africa HVAC Market Forecast: Breakup by Equipment (USD Billion), 2024-2032
5. Middle East and Africa HVAC Historical Market: Breakup by Implementation Type (USD Billion), 2018-2023
6. Middle East and Africa HVAC Market Forecast: Breakup by Implementation Type (USD Billion), 2024-2032
7. Middle East and Africa HVAC Historical Market: Breakup by End Use (USD Billion), 2018-2023
8. Middle East and Africa HVAC Market Forecast: Breakup by End Use (USD Billion), 2024-2032
9. Middle East and Africa HVAC Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Middle East and Africa HVAC Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Middle East and Africa HVAC Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 10.41 billion.
The market is assessed to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 18.44 billion by 2032.
The major market drivers are rising pollution levels, the development of sustainable and environmentally friendly heating and cooling systems, and the surging concerns regarding respiratory diseases.
The key trends aiding the market growth are the growing awareness regarding the importance of optimal indoor air quality, increasing infrastructural development activities, and the increasing adoption of automated HVAC technologies.
The major regions in the market are the United Arab Emirates, Saudi Arabia, Qatar, Oman, Egypt, Nigeria, and Morocco, among others.
The significant implementation types of HVAC are new constructions and retrofits.
The major players in the market are Carrier Global Corporation, Zamil Air Conditioners, LG Electronics Inc., Daikin Industries, Ltd., Samsung Electronics Co. Ltd., Johnson Controls International plc, Gulf Star Cooling Services LLC, S.K.M. Air Conditioning LLC, GREE Comfort, Takyeef Factory LLC, and SASCO Airconditioning Industry, among others.
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