Reports
UAE HVAC Market: By Equipment: Heating, Ventilation, Cooling; By Implementation Type: New Constructions, Retrofits; By End Use: Residential, Commercial, Industrial; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
UAE HVAC Market Outlook
The UAE HVAC market is expected to grow at a CAGR of 4.4% in the forecast period of 2023-2028.
Growing Demand for Heating Equipment due to Rapid Industrialisation to Bolster the Growth of the UAE HVAC Industry
The heating segment based on equipment accounts for a significant share in the market and is anticipated to witness a steady growth in the forecast period. This can be attributed to the rising demand for heat pumps owing to the safety, low-cost, reduced carbon emission, less maintenance, high lifespan, and easy installation offered by the product. Furthermore, the surge in demand for boilers and furnaces for applications such as floor and wall heating, steam generation, and vapourising is likely to augment the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Meanwhile, the growing construction activities in the region to enhance the existing infrastructure and develop improved structures are expected to favour the market growth. The growing residential and commercial construction is expected to enhance the demand for ventilation and cooling equipment in the region in the forecast period. The establishment of regulating and standards organisations, such as ASHRAE, Uniform Mechanical Code, and AMCA, among others, to support the global HVAC industry and encourage high standards and achievement is anticipated to positively influence the market growth in the region.
HVAC: Market Segmentation
HVAC stands for heating, ventilation, and air conditioning. It is defined as a system utilising various technologies to heat, cool, or purify the air in an enclosed space such as a building. Also, HVAC systems help improve ventilation to provide high indoor air quality.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on equipment, the market can be segmented into:
- Heating
- Heat Pumps
- Furnaces
- Unitary Heaters
- Ventilation
- Air-Handling Units
- Air Filters and Purifiers
- Ventilation Fans
- Dehumidifiers and Humidifiers
- Others
- Cooling
- Unitary Air Conditioners
- VRF Systems
- Chillers
- Coolers
- Cooling Towers
- Others
On the basis of implementation type, the market is segmented into:
- New Constructions
- Retrofits
The segmentation of the market, on the basis of end use, is as follows:
- Residential
- Commercial
- Industrial
Increasing Demand for Energy Efficient HVAC Systems to Boost the Growth of the HVAC Industry
The HVAC market in the UAE is driven by the rising demand for HVAC systems and equipment in the residential, commercial, and industrial sectors. HVAC systems and equipment bolster the comfort of residents during the time of harsh climate, such as in extreme summer or winter conditions. Furthermore, the rapid installation of HVAC systems in educational institutions and public administrative buildings is likely to augment the market growth in the forecast period. In addition to this, the growing technological advancements and the rising demand for energy-efficient HVAC systems are likely to propel the market growth in the coming years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Industry Players in the UAE HVAC Market
The report gives a detailed analysis of the following key players in the UAE HVAC market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Takyeef Factory LLC
- SASCO Airconditioning Industry
- Carrier Global Corporation
- LG Electronics Inc.
- Gulf Star Cooling Services LLC
- 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.
Key Highlights of the Report:
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Equipment, Implementation Type, End Use |
| Breakup by Equipment | Heating, Ventilation, Cooling |
| Breakup by Implementation Type | New Constructions, Retrofits |
| Breakup by End Use | Residential, Commercial, Industrial |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Takyeef Factory LLC, SASCO Airconditioning Industry, Carrier Global Corporation, LG Electronics Inc., Gulf Star Cooling Services LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Snapshot
6.1 UAE
7 Opportunities and Challenges in the Market
8 GCC HVAC Market Overview
8.1 Key Industry Highlights
8.2 GCC HVAC Historical Market (2018-2022)
8.3 GCC HVAC Market Forecast (2023-2028)
8.4 GCC HVAC Market by Country
8.4.1 Saudi Arabia
8.4.2 UAE
8.4.3 Qatar
8.4.4 Kuwait
8.4.5 Oman
8.4.6 Bahrain
9 UAE HVAC Market Analysis
9.1 Key Industry Highlights
9.2 UAE HVAC Historical Market (2018-2022)
9.3 UAE HVAC Market Forecast (2023-2028)
9.4 UAE HVAC Market by Equipment
9.4.1 Heating
9.4.1.1 Historical Trend (2018-2022)
9.4.1.2 Forecast Trend (2023-2028)
9.4.1.3 Market by Type
9.4.1.3.1 Heat Pumps
9.4.1.3.2 Furnaces
9.4.1.3.3 Unitary Heaters
9.4.2 Ventilation
9.4.2.1 Historical Trend (2018-2022)
9.4.2.2 Forecast Trend (2023-2028)
9.4.2.3 Market by Type
9.4.2.3.1 Air-Handling Units
9.4.2.3.2 Air Filters and Purifiers
9.4.2.3.3 Ventilation Fans
9.4.2.3.4 Dehumidifiers and Humidifiers
9.4.2.3.5 Others
9.4.3 Cooling
9.4.3.1 Historical Trend (2018-2022)
9.4.3.2 Forecast Trend (2023-2028)
9.4.3.3 Market by Type
9.4.3.3.1 Unitary Air Conditioners
9.4.3.3.2 VRF Systems
9.4.3.3.3 Chillers
9.4.3.3.5 Coolers
9.4.3.3.6 Cooling Towers
9.4.3.3.7 Others
9.5 UAE HVAC Market by Implementation Type
9.5.1 New Constructions
9.5.1.1 Historical Trend (2018-2022)
9.5.1.2 Forecast Trend (2023-2028)
9.5.2 Retrofits
9.5.2.1 Historical Trend (2018-2022)
9.5.2.2 Forecast Trend (2023-2028)
9.6 UAE HVAC Market by End Use
9.6.1 Residential
9.6.1.1 Historical Trend (2018-2022)
9.6.1.2 Forecast Trend (2023-2028)
9.6.2 Commercial
9.6.2.1 Historical Trend (2018-2022)
9.6.2.2 Forecast Trend (2023-2028)
9.6.3 Industrial
9.6.3.1 Historical Trend (2018-2022)
9.6.3.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Takyeef Factory LLC
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 SASCO Airconditioning Industry
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Carrier Global Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 LG Electronics Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Gulf Star Cooling Services LLC
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. GCC HVAC Market: Key Industry Highlights, 2018 and 2028
2. UAE HVAC Market: Key Industry Highlights, 2018 and 2028
3. UAE HVAC Historical Market: Breakup by Equipment (USD Billion), 2018-2022
4. UAE HVAC Market Forecast: Breakup by Equipment (USD Billion), 2023-2028
5. UAE HVAC Historical Market: Breakup by Implementation Type (USD Billion), 2018-2022
6. UAE HVAC Market Forecast: Breakup by Implementation Type (USD Billion), 2023-2028
7. UAE HVAC Historical Market: Breakup by End Use (USD Billion), 2018-2022
8. UAE HVAC Market Forecast: Breakup by End Use (USD Billion), 2023-2028
9. UAE HVAC Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4.4% between 2023 and 2028.
The major drivers of the industry, such as the rising application of HVAC systems in buildings, expanding construction sector, growing need to ventilate residential structures, and the rapid industrialisation and urbanisation, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing preference for energy-efficient HVAC systems and favourable government regulations to promote the same.
Heating, ventilation, and cooling are the major HVAC equipment considered within the market report.
New constructions and retrofits are the different implementation types considered within the market report.
Residential, commercial, and industrial are the different end uses of the product in the UAE HVAC industry.
The major players in the industry are Takyeef Factory LLC, SASCO Airconditioning Industry, Carrier Global Corporation, LG Electronics Inc., and Gulf Star Cooling Services LLC, among others.
Analyst Review
The UAE HVAC market is being driven by the rising installation of HVAC systems and equipment in residential, commercial, and industrial infrastructure. Aided by the favourable government policies to support the adoption of energy-efficient HVAC systems, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on equipment, the market is divided into heating, ventilation, and cooling. On the basis of implementation type, the market is divided into new constructions and retrofits. The significant end uses of HVAC systems include residential, commercial, and industrial. The key players in the above market include Takyeef Factory LLC, SASCO Airconditioning Industry, Carrier Global Corporation, LG Electronics Inc., and Gulf Star Cooling Services LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER