+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Saudi Arabia Chiller Market by Type, and by Region - Market Size, Share, Development, Growth and Demand Forecast, 2014-2024

  • ID: 4775426
  • Report
  • Region: Saudi Arabia
  • 110 Pages
  • Prescient & Strategic Intelligence Private Limited
1 of 3

FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Danfoss A/S
  • Ingersoll-Rand plc
  • Thermax Limited
  • Zamil Air Conditioners
  • MORE

"Saudi Arabia Chiller Market by Type (Screw [Water-Cooled, Air-Cooled], Centrifugal, Scroll [Air-Cooled , Water-Cooled], Absorption[Direct-Fired, Hot Water, Steam], Reciprocating [Air-Cooled, Water-Cooled]), by End-User (Commercial [Hospitality, Transportation, Offices and Buildings, Supermarkets/Hypermarkets, Healthcare, Government], Industrial [Oil and Gas, Food and Beverage, Energy and Utilities, Pharmaceutical, Automotive], Residential), by Region (Central, Western, Eastern, and Southern) - Market Size, Share, Development, Growth and Demand Forecast, 2014-2024"

The Saudi Arabian chiller market is predicted to generate a revenue of $291.0 million by 2024, progressing at a CAGR of 2.7% during the forecast period (2019-2024). This growth can be majorly attributed to the increasing investments in the tourism sector and commercial infrastructure, and expansion of the overall hospitality industry.

On the basis of chiller type, the Saudi Arabian chiller market is classified into scroll, reciprocating, centrifugal, screw, and absorption, wherein the scroll classification is further bifurcated into water-cooled and air-cooled. Of these, in 2018, the air-cooled type held the larger share of revenue in the market. Air-cooled chillers are being rapidly sold due to the increasing number of small industrial units, medium-sized buildings, and luxury villas that require low-capacity chiller units.

Coming to the end-user, the chiller market in Saudi Arabia is categorized into industrial, commercial, and residential. Out of these, in 2018, the commercial category dominated the market in terms of revenue. This is ascribed to the rise in the number of commercial offices/buildings and expansion in the hospitality sector. Also, the religious tourism sector of the nation is growing, especially on account of infrastructure investments of more than $50 billion in Makkah and Medina. Hence, developments in the construction industry are expected to be a major factor for the growth of the commercial chiller market, which is anticipated to exhibit a healthy CAGR during the 2019-2024 period.

Overall, the expanding tourism sector is accelerating the Saudi chiller market growth. The tourism sector has gained a major place in Saudi Arabia’s Vision 2030 economic plan. According to the World Travel and Tourism Council, in 2017, the sector accounted for around 9.4% of the GDP of the country, which is observing a rise in both the international and domestic visitors. For instance, in 2017, international passengers spent nearly $26 billion on tourism, while the total spending from domestic tourists equaled $13 billion.

The food and beverages (F&B) industry use chillers for storing the food at a constant temperature. Chillers are essential to cool wine, sauces, soft drinks, and other foodstuff. Being a desert country with limited scope for farming, Saudi Arabia imports nearly 80.0% of its edible food items. Screw chillers are widely used in the F&B sector. The Saudi F&B sector is predicted to attain a size of $18.2 billion by 2020; therefore, the growing sales of screw chillers are expected to drive the chiller market in the country.

The Saudi chiller market is highly competitive due to the involvement of a large number of regional and global players. The market is led by Johnson Controls International plc, Daikin Industries Ltd., Zamil Air Conditioners, United Technologies Corporation, and Ingersoll-Rand Plc.

Saudi Arabia Chiller Market Segmentation

Market Segmentation by Chiller Type

  • Screw
    • Water-cooled
    • Air-cooled
  • Centrifugal
  • Scroll
    • Air-cooled
    • Water-cooled
  • Absorption
    • Direct-fired
    • Hot water
    • Steam
  • Reciprocating
    • Air-cooled
    • Water-cooled

Market Segmentation by End-User

  • Commercial
    • Hospitality
    • Transportation
    • Offices and buildings
    • Supermarket/Hypermarket
    • Healthcare
    • Government
    • Others (Data centers, banks, departmental stores and convenience stores)
  • Industrial
    • Oil and gas
    • Food and beverage
    • Energy and utilities
    • Pharmaceutical
    • Automotive
    • Others (Electronics, textile, and chemical and cement industries)
  • Residential

Market Segmentation by Region

  • Central
  • Western
  • Eastern
  • Southern
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Danfoss A/S
  • Ingersoll-Rand plc
  • Thermax Limited
  • Zamil Air Conditioners
  • MORE

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by End-User
1.3.3 Market Segmentation by Region
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Type
4.1.1.1 Screw
4.1.1.2 Centrifugal
4.1.1.3 Scroll
4.1.1.4 Absorption
4.1.1.5 Reciprocating
4.1.1.5.1 Direct-fired
4.1.1.5.2 Hot water
4.1.1.5.3 Steam
4.1.1.6 Air-cooled
4.1.1.7 Water-cooled
4.1.2 By End-User
4.1.2.1 Commercial
4.1.2.1.1 Hospitality
4.1.2.1.2 Transportation
4.1.2.1.3 Offices and buildings
4.1.2.1.4 Supermarket/Hypermarket
4.1.2.1.5 Healthcare
4.1.2.1.6 Government
4.1.2.1.7 Others
4.1.2.2 Industrial
4.1.2.2.1 Oil and gas
4.1.2.2.2 Food and beverage
4.1.2.2.3 Energy and utilities
4.1.2.2.4 Pharmaceutical
4.1.2.2.5 Automotive
4.1.2.2.6 Others
4.1.2.3 Residential
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing adoption of magnetic bearing chillers
4.3.1.2 Increasing inclination toward absorption chiller
4.3.2 Drivers
4.3.2.1 Increasing number of infrastructural projects
4.3.2.2 Growing tourism sector
4.3.2.3 Increasing demand from the food and beverage industry
4.3.2.4 Impact analysis of drivers on the market forecast
4.3.3 Restraint
4.3.3.1 Variable refrigerant flow (VRF) system as an alternative to the chiller
4.3.3.2 Impact analysis of restraints on the market forecast
4.3.4 Opportunity
4.3.4.1 Growing demand for energy efficient chillers
4.4 Porter’s Five Forces Analysis

Chapter 5. Saudi Arabia Market Size and Forecast
5.1 By Type
5.1.1 Screw Chiller, by Type
5.1.2 Scroll Chiller, by Type
5.1.3 Reciprocating Chiller, by Type
5.1.4 Absorption Chiller, by Type
5.2 By End-User
5.2.1 Commercial Chiller Market, by Type
5.2.2 Industrial Chiller Market, by Type
5.3 By Region

Chapter 6. Competitive Landscape
6.1 Analysis of Key Players in the Market
6.2 Competitive Benchmarking of Players
6.3 List of Key Players and their Offerings
6.4 Recent Activities of Major Players
6.5 Strategic Developments of Key Players
6.5.1 Product Launches
6.5.2 Partnerships
6.5.3 Facility Expansions

Chapter 7. Company Profiles
7.1 Johnson Controls International Plc
7.1.1 Business Overview
7.1.2 Product and Service Offerings
7.1.3 Key Financial Summary
7.1.4 SWOT Analysis
7.2 Ingersoll-Rand plc
7.2.1 Business Overview
7.2.2 Product and Service Offerings
7.2.3 Key Financial Summary
7.2.4 SWOT Analysis
7.3 United Technologies Corporation
7.3.1 Business Overview
7.3.2 Product and Service Offerings
7.3.3 Key Financial Summary
7.3.4 SWOT Analysis
7.4 Daikin Industries Ltd.
7.4.1 Business Overview
7.4.2 Product and Service Offerings
7.4.3 Key Financial Summary
7.4.4 SWOT Analysis
7.5 S.K.M Air Conditioning LLC
7.5.1 Business Overview
7.5.2 Product and Service Offerings
7.6 Petra Engineering Industries Co.
7.6.1 Business Overview
7.6.2 Product and Service Offerings
7.7 Zamil Air Conditioners
7.7.1 Business Overview
7.7.2 Product and Service Offerings
7.8 Gree Electric Appliances, Inc. of Zhuhai
7.8.1 Business Overview
7.8.2 Product and Service Offerings
7.8.3 Key Financial Summary
7.8.4 SWOT Analysis
7.9 Mitsubishi Electric Corporation
7.9.1 Business Overview
7.9.2 Product and Service Offerings
7.9.3 Key Financial Summary
7.9.4 SWOT Analysis
7.10 Thermax Limited
7.10.1 Business Overview
7.10.2 Product and Service Offerings
7.10.3 Key Financial Summary
7.11 Danfoss A/S
7.11.1 Business Overview
7.11.2 Product and Service Offerings
7.11.3 Key Financial Summary

Chapter 8. Appendix
8.1 Abbreviations
8.2 Sources and References
8.3 Related Reports

List of Tables
Table 1 Analysis Period Of The Study
Table 2 Drivers For The Market: Impact Analysis
Table 3 Restraints For The Market: Impact Analysis
Table 4 Saudi Arabia Chiller Market, By Type, $M (2014-2018)
Table 5 Saudi Arabia Chiller Market, By Type, $M (2019-2024)
Table 6 Saudi Arabia Screw Chiller Market, By Type, $M (2014 - 2018)
Table 7 Saudi Arabia Screw Chiller Market, By Type, $M (2019 - 2024)
Table 8 Saudi Arabia Scroll Chiller Market, By Type, $M (2014 - 2018)
Table 9 Saudi Arabia Scroll Chiller Market, By Type, $M (2019 - 2024)
Table 10 Saudi Arabia Reciprocating Chiller Market, By Type, $M (2014 - 2018)
Table 11 Saudi Arabia Reciprocating Chiller Market, By Type, $M (2019 - 2024)
Table 12 Saudi Arabia Absorption Chiller Market, By Type, $M (2014 - 2018)
Table 13 Saudi Arabia Absorption Chiller Market, By Type, $M (2019 - 2024)
Table 14 Saudi Arabia Chiller Market, By End-User, $M (2014 - 2018)
Table 15 Saudi Arabia Chiller Market, By End-User, $M (2019 - 2024)
Table 16 Saudi Arabia Under-Construction/Proposed Hotels
Table 17 Upcoming Metro Projects In Saudi Arabia
Table 18 Saudi Arabia Commercial Chiller Market, By Type, $M (2014 - 2018)
Table 19 Saudi Arabia Commercial Chiller Market, By Type, $M (2014 - 2018)
Table 20 Saudi Arabia Industrial Chiller Market, By Type, $M (2014 - 2018)
Table 21 Saudi Arabia Industrial Chiller Market, By Type, $M (2019 - 2024)
Table 22 Under Construction/Upcoming Projects In Western Region
Table 23 Under Construction/Upcoming Projects In Southern Region
Table 24 Under Construction/Upcoming Projects In Eastern Region
Table 25 Under Construction/Upcoming Projects In Central Region
Table 26 Saudi Arabia Industrial Chiller Market, By Region, $M (2014 - 2018)
Table 27 Saudi Arabia Industrial Chiller Market, By Region, $M (2019 - 2024)
Table 28 List Of Key Players And Their Offerings
Table 29 Johnson Controls International Plc - At A Glance
Table 30 Johnson Controls International Plc - Key Financial Summary
Table 31 Ingersoll-Rand Plc- At A Glance
Table 32 Ingersoll-Rand Plc - Key Financial Summary
Table 33 United Technologies Corporation - At A Glance
Table 34 United Technologies Corporation - Key Financial Summary
Table 35 Daikin Industries Ltd. - At A Glance
Table 36 Daikin Industries Ltd. - Key Financial Summary
Table 37 S.K.M Air Conditioning Llc - At A Glance
Table 38 Petra Engineering Industries Co. - At A Glance
Table 39 Zamil Air Conditioners - At A Glance
Table 40 Gree Electric Appliances, Inc. Of Zhuhai - At A Glance
Table 41 Gree Electric Appliances, Inc. Of Zhuhai - Key Financial Summary
Table 42 Mitsubishi Electric Corporation - At A Glance
Table 43 Mitsubishi Electric Corporation - Key Financial Summary
Table 44 Thermax Limited - At A Glance
Table 45 Thermax Limited - Key Financial Summary
Table 46 Danfoss A/S - At A Glance
Table 47 Danfoss A/S - Key Financial Summary
 
List of Figures
Fig 1 Research Scope
Fig 2 Research Methodology
Fig 3 Regional Split Of Primary And Secondary Research
Fig 4 Breakdown Of Primary Research By Region
Fig 5 Breakdown Of Primary Research By Industry Participant
Fig 6 Breakdown Of Primary Research By Company Type
Fig 7 Data Triangulation Approach
Fig 8 Saudi Arabia Chiller Market Summary
Fig 9 Value Chain Analysis
Fig 10 Bargaining Power Of Buyers
Fig 11 Bargaining Power Of Suppliers
Fig 12 Threat Of New Entrants
Fig 13 Intensity Of Rivalry
Fig 14 Threat Of Substitutes
Fig 15 Saudi Arabia Chiller Market, By Type, $M (2014-2024)
Fig 16 Saudi Arabia Screw Chiller Market, By Type, $M (2014-2024)
Fig 17 Saudi Arabia Scroll Chiller Market, By Type, $M (2014-2024)
Fig 18 Saudi Arabia Reciprocating Chiller Market, By Type, $M (2014-2024)
Fig 19 Saudi Arabia Absorption Chiller Market, By Type, $M (2014-2024)
Fig 20 Saudi Arabia Chiller Market, By End-User, $M (2014 - 2024)
Fig 21 Saudi Arabia Commercial Chiller Market, By Type, $M (2014-2024)
Fig 22 Saudi Arabia Industrial Chiller Market, By Type, $M (2014-2024)
Fig 23 Saudi Arabia Major Markets For Chiller
Fig 24 Saudi Arabia Industrial Chiller Market, By Region, $M (2014-2024)
Fig 25 Ranking Of Saudi Arabia Chiller Market Players
Fig 26 Recent Activities Of Major Players
Fig 27 Johnson Controls International Plc - Revenue Split By Segment (2018)
Fig 28 Ingersoll-Rand Plc, By Segment And Geography (2017)
Fig 29 United Technologies Corporation - Revenue Split By Segment And Geography (2017)
Fig 30 Daikin Industries Ltd. - Revenue Split By Segment And Geography (2018)
Fig 31 Gree Electric Appliances, Inc. Of Zhuhai - Revenue Split By Segment And Geography (2018)
Fig 32 Swot Analysis Of Gree Electric Appliances, Inc. Of Zhuhai
Fig 33 Mitsubishi Electric Corporation - Revenue Split By Segment And Geography (2018)
Fig 34 Thermax Limited - Revenue Split By Segment And Geography (2018)
Fig 35 Danfoss A/S - Revenue Split By Segment And Geography (2017)

Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Daikin Industries Ltd.
  • Danfoss A/S
  • Gree Electric Appliances, Inc. of Zhuhai
  • Ingersoll-Rand plc
  • Johnson Controls International plc
  • Mitsubishi Electric Corporation
  • Petra Engineering Industries Co.
  • S.K.M Air Conditioning LLC
  • Thermax Limited
  • Zamil Air Conditioners
Note: Product cover images may vary from those shown
Adroll
adroll