+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

U.A.E. HVAC Market Research Report: By Offering (Equipment, Service), End-User (Commercial, Industrial, Residential) - Industry Analysis and Growth Forecast to 2030

  • ID: 5201167
  • Report
  • September 2020
  • Region: Global
  • 146 pages
  • Prescient & Strategic Intelligence Private Limited
1 of 4

FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Danfoss A/S
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • S.K.M. Cooling LLC
  • Trane Technologies plc
  • MORE
An increase in the investments in the infrastructure sector and expansion of the tourism industry will drive the growth of the U.A.E heating, ventilation, and air conditioning (HVAC) market at a CAGR of 5.2% during the forecast period of 2020-2030. In terms of revenue, the market stood at $1,873.1 million in 2019, and it is projected to generate around $2,774.7 million by 2030. This growth will ride on the back of the growing residential, industrial, commercial, and hospitality sectors of the U.A.E.

The construction industry is one of the key driving forces for the U.A.E. HVAC market growth. The U.A.E. government is dedicated to enhancing the quality of the transportation sector of the country, which is why projects such as the extension of the Red Line of Dubai Metro, under the Route 22 plan, and construction of new airports are underway. The government is investing extensively in a new and renewed transportation sector to host Dubai Expo 2020. These ventures will inevitably increase the demand for HVAC systems in this Middle-Eastern nation.

The segments of the U.A.E. HVAC market are offering, end-user, and region. The offering segment is divided into two categories: equipment and service. Further classifications of the equipment category include heating, ventilation, and cooling systems. The cooling category dominated the market in 2019, and it is also expected to hold the topmost position during the forecast period. This is primarily due to the hot and humid conditions of this desert nation and rapid urbanization, which will increase the demand for cooling equipment in the coming years.

Dubai proved to be the largest U.A.E. HVAC market in 2019, because of the increasing construction of large infrastructure units. These rapid construction activities are in response to the upcoming event of Dubai Expo 2020. Additionally, the government is increasing its focus on the construction sector to reduce the dependency on the oil and gas sector. The tourism industry also plays a significant role in the development of infrastructure in Dubai; therefore, it will also contribute to the growth of the market.

The capital city of the U.A.E, Abu Dhabi, and Al Ain are expected to together witness the highest growth rate in the U.A.E. HVAC market in the forecast years. This growth will be driven by the Abu Dhabi 2030 plan, which aims to attract at least 7.9 million tourists annually and reduce the dependency on gas and oil. The construction of new offices and retail spaces is also projected to be a prime factor that will add substantially to the revenue of the market.

Therefore, an increase in construction activities and the expansion of infrastructure across the U.A.E. will drive the growth of the market. The demand for HVAC equipment and services will increase during the forecast period due to the newly constructed buildings being commissioned and extreme climatic conditions. Moreover, the extensive support of the government will drive the market to new heights in the future.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Danfoss A/S
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • S.K.M. Cooling LLC
  • Trane Technologies plc
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Offering
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
1.3.5.2 Volume
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
2.6 Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Offering
4.1.1.1 Equipment
4.1.1.1.1 Heating
4.1.1.1.1.1 Heat pumps
4.1.1.1.1.1.1 Air-source
4.1.1.1.1.1.2 Water-source
4.1.1.1.1.1.3 Ground-source
4.1.1.1.1.2 Furnaces
4.1.1.1.1.2.1 Gasoline
4.1.1.1.1.2.2 Propane
4.1.1.1.1.2.3 Electric
4.1.1.1.1.3 Boilers
4.1.1.1.1.3.1 Water-tube
4.1.1.1.1.3.2 Fire-tube
4.1.1.1.1.4 Unitary heaters
4.1.1.1.2 Ventilation
4.1.1.1.2.1 Ventilation fans
4.1.1.1.2.1.1 Centrifugal fans
4.1.1.1.2.1.2 Axial fans
4.1.1.1.2.1.3 Domestic exhaust fans
4.1.1.1.2.1.4 Power roof fans
4.1.1.1.2.2 Air handling units
4.1.1.1.2.2.1 Terminal units
4.1.1.1.2.2.2 Makeup air units
4.1.1.1.2.2.3 Rooftop units
4.1.1.1.2.3 Fan coil units
4.1.1.1.2.3.1 Two-pipe
4.1.1.1.2.3.2 Four-pipe
4.1.1.1.2.4 Humidifiers/dehumidifiers
4.1.1.1.2.5 Air cleaners
4.1.1.1.2.5.1 Type 1: HEPA + carbon
4.1.1.1.2.5.2 Type 2: HEPA + carbon + ionizer
4.1.1.1.2.5.3 Type 3: HEPA + carbon + UV
4.1.1.1.2.5.4 Type 4: HEPA + carbon + ionizer + UV
4.1.1.1.2.5.5 Type 5: Other technologies
4.1.1.1.3 Cooling
4.1.1.1.3.1 Room ACs
4.1.1.1.3.1.1 Mini splits
4.1.1.1.3.1.2 Window ACs
4.1.1.1.3.2 Split units
4.1.1.1.3.3 Ducted splits/packaged units
4.1.1.1.3.3.1 Water-cooled condensers
4.1.1.1.3.3.2 Air-cooled condensers
4.1.1.1.3.4 VRF systems
4.1.1.1.3.4.1 Heat pump systems
4.1.1.1.3.4.2 Heat recovery systems
4.1.1.1.3.5 Chillers
4.1.1.1.3.5.1 Centrifugal
4.1.1.1.3.5.2 Screw
4.1.1.1.3.5.3 Scroll
4.1.1.1.3.5.4 Absorption
4.1.1.1.3.5.5 Reciprocating
4.1.1.2 By service
4.1.1.2.1 Installation
4.1.1.2.2 Upgradation/replacement
4.1.1.2.3 Maintenance & repair
4.1.1.2.4 Consulting
4.1.2 By End-User
4.1.2.1 Commercial
4.1.2.1.1 Offices and buildings
4.1.2.1.2 Supermarkets/hypermarkets
4.1.2.1.3 Government
4.1.2.1.4 Healthcare
4.1.2.1.5 Hospitality
4.1.2.1.6 Transportation
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 Automotive
4.1.2.2.4 Energy and utilities
4.1.2.2.5 Others
4.1.2.3 Residential
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Adoption of smart HVAC systems
4.3.1.2 Demand for energy-efficient HVAC systems
4.3.2 Drivers
4.3.2.1 Increasing construction projects in transportation sector
4.3.2.2 Growing hospitality industry
4.3.2.3 Impact analysis of drivers on market forecast
4.3.3 Restraint
4.3.3.1 Lack of skilled professionals
4.3.3.2 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Demand for VRF systems in residential and commercial buildings
4.3.4.2 Increasing popularity of geothermal HVAC
4.3.4.3 Growing popularity of district cooling
4.4 Impact of COVID-19
4.4.1 Supply-Side Analysis
4.4.2 Demand-Side Analysis
4.4.3 Assessment of COVID-19 Impact on GDP of Various Economies
4.4.3.1 GDP growth rate (2019)
4.4.3.2 GDP growth rate (2020)
4.4.3.3 GDP growth rate projection for 2021
4.5 Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Intensity of Rivalry
4.5.5 Threat of Substitutes

Chapter 5. U.A.E. HVAC Market
5.1 By Offering
5.1.1 Equipment, by Type
5.1.1.1 Heating equipment, by type
5.1.1.1.1 Heat pumps, by type
5.1.1.1.2 Furnaces, by type
5.1.1.1.3 Boilers, by type
5.1.1.2 Ventilation equipment, by type
5.1.1.2.1 Ventilation fans, by type
5.1.1.2.2 Air handling units and fan coil units, by type
5.1.1.2.2.1 Air handling units, by type
5.1.1.2.2.2 Fan coil units, by type
5.1.1.2.3 Air cleaners, by type
5.1.1.2.4 Humidifiers/dehumidifiers, by type
5.1.1.3 Cooling equipment, by type
5.1.1.3.1 Room ACs, by type
5.1.1.3.2 Ducted splits/packaged units, by type
5.1.1.3.3 VRF systems, by type
5.1.1.3.4 Chillers, by type
5.1.2 Service, by Type
5.2 By End-User
5.2.1 Commercial, by Type
5.2.2 Industrial, by Type
5.2.3 Residential
5.3 By Region

Chapter 6. Competitive Landscape
6.1 List of Key Players
6.2 Market Share Analysis of Key Players
6.3 Competitive Benchmarking of Players
6.4 Strategic Developments of Key Players
6.4.1 Product Launches
6.4.2 Partnerships
6.4.3 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
7.2 LG Electronics Inc.
7.2.1 Business Overview
7.2.2 Product and Service Offerings
7.2.3 Key Financial Summary
7.3 Mitsubishi Electric Corporation
7.3.1 Business Overview
7.3.2 Product and Service Offerings
7.3.3 Key Financial Summary
7.4 Gree Electric Appliances Inc. of Zhuhai
7.4.1 Business Overview
7.4.2 Product and Service Offerings
7.5 Trane Technologies plc
7.5.1 Business Overview
7.5.2 Product and Service Offerings
7.5.3 Key Financial Summary
7.6 Danfoss A/S
7.6.1 Business Overview
7.6.2 Product and Service Offerings
7.6.3 Key Financial Summary
7.7 Carrier Global Corporation
7.7.1 Business Overview
7.7.2 Product and Service Offerings
7.7.3 Key Financial Summary
7.8 Midea Group Co. Ltd.
7.8.1 Business Overview
7.8.2 Product and Service Offerings
7.8.3 Key Financial Summary
7.9 Daikin Industries Ltd.
7.9.1 Business Overview
7.9.2 Product and Service Offerings
7.9.3 Key Financial Summary
7.10 Zamil Air Conditioners
7.10.1 Business Overview
7.10.2 Product and Service Offerings
7.11 S.K.M. Cooling LLC
7.11.1 Business Overview
7.11.2 Product and Service Offerings

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 U.A.E. HVAC Market, by Offering, $M (2014-2019)
TABLE 5 U.A.E. HVAC Market, by Offering, $M (2020-2030)
TABLE 6 U.A.E. HVAC Equipment Market, by Type, $M (2014-2019)
TABLE 7 U.A.E. HVAC Equipment Market, by Type, $M (2020-2030)
TABLE 8 U.A.E. HVAC Equipment Market, by Type, ‘000 Units (2014-2019)
TABLE 9 U.A.E. HVAC Equipment Market, by Type, ‘000 Units (2020-2030)
TABLE 10 U.A.E. Heating Equipment Market, by Type, $M (2014-2019)
TABLE 11 U.A.E. Heating Equipment Market, by Type, $M (2020-2030)
TABLE 12 U.A.E. Heating Equipment Market, by Type, ‘000 units (2014-2019)
TABLE 13 U.A.E. Heating Equipment Market, by Type, ‘000 units (2020-2030)
TABLE 14 U.A.E. Heat Pumps Market, by Type, $M (2014-2019)
TABLE 15 U.A.E. Heat Pumps Market, by Type, $M (2020-2030)
TABLE 16 U.A.E. Furnaces Market, by Type, $M (2014-2019)
TABLE 17 U.A.E. Furnaces Market, by Type, $M (2020-2030)
TABLE 18 U.A.E. Boilers Market, by Type, $M (2014-2019)
TABLE 19 U.A.E. Boilers Market, by Type, $M (2020-2030)
TABLE 20 U.A.E. Ventilation Equipment Market, by Type, $M (2014-2019)
TABLE 21 U.A.E. Ventilation Equipment Market, by Type, $M (2020-2030)
TABLE 22 U.A.E. Ventilation Equipment Market, by Type, ‘000 Units (2014-2019)
TABLE 23 U.A.E. Ventilation Equipment Market, by Type, ‘000 Units (2020-2030)
TABLE 24 U.A.E. Ventilation Fans Market, by Type, $M (2014-2019)
TABLE 25 U.A.E. Ventilation Fans Market, by Type, $M (2020-2030)
TABLE 26 U.A.E. Air Handling Units and Fan Coil Units Market, by Type, $M (2014-2019)
TABLE 27 U.A.E. Air Handling Units and Fan Coil Units Market, by Type, $M (2020-2030)
TABLE 28 U.A.E. Air Handling Units Market, by Type, $M (2014-2019)
TABLE 29 U.A.E. Air Handling Units Market, by Type, $M (2020-2030)
TABLE 30 U.A.E. Fan coil Units Market, by Type, $M (2014-2019)
TABLE 31 U.A.E. Fan coil Units Market, by Type, $M (2020-2030)
TABLE 32 U.A.E. Air Cleaners Market, by Type, $M (2014-2019)
TABLE 33 U.A.E. Air Cleaners Market, by Type, $M (2020-2030)
TABLE 34 U.A.E. Humidifiers/Dehumidifiers Market, by Type, $M (2014-2019)
TABLE 35 U.A.E. Humidifiers/Dehumidifiers Market, by Type, $M (2020-2030)
TABLE 36 U.A.E. Cooling Equipment Market, by Type, $M (2014-2019)
TABLE 37 U.A.E. Cooling Equipment Market, by Type, $M (2020-2030)
TABLE 38 U.A.E. Cooling Equipment Market, by Type, ‘000 Units (2014-2019)
TABLE 39 U.A.E. Cooling Equipment Market, by Type, ‘000 Units (2020-2030)
TABLE 40 U.A.E. Room ACs Market, by Type, $M (2014-2019)
TABLE 41 U.A.E. Room ACs Market, by Type, $M (2020-2030)
TABLE 42 U.A.E. Ducted Splits/Packaged Units Market, by Type, $M (2014-2019)
TABLE 43 U.A.E. Ducted Splits/Packaged Units Market, by Type, $M (2020-2030)
TABLE 44 U.A.E. VRF Systems Market, by Type, $M (2014-2019)
TABLE 45 U.A.E. VRF Systems Market, by Type, $M (2020-2030)
TABLE 46 U.A.E. Chillers Market, by Type, $M (2014-2019)
TABLE 47 U.A.E. Chillers Market, by Type, $M (2020-2030)
TABLE 48 U.A.E. HVAC Service Market, by Type, $M (2014-2019)
TABLE 49 U.A.E. HVAC Service Market, by Type, $M (2020-2030)
TABLE 50 U.A.E. HVAC Market, by End-User, $M (2014-2019)
TABLE 51 U.A.E. HVAC Market, by End-User, $M (2020-2030)
TABLE 52 U.A.E. Under-Construction/Proposed Commercial Buildings
TABLE 53 U.A.E. Commercial HVAC Market, by Type, $M (2014-2019)
TABLE 54 U.A.E. Commercial HVAC Market, by Type, $M (2020-2030)
TABLE 55 U.A.E. Industrial HVAC Market, by Type, $M (2014-2019)
TABLE 56 U.A.E. Industrial HVAC Market, by Type, $M (2020-2030)
TABLE 57 U.A.E. Under-construction/Proposed Residential Buildings
TABLE 58 U.A.E. HVAC Market, by Region, $M (2014-2019)
TABLE 59 U.A.E. HVAC Market, by Region, $M (2020-2030)
TABLE 60 List of Key Players
TABLE 61 Competitive Benchmarking of Key Players
TABLE 62 JOHNSON CONTROLS INTERNATIONAL PLC - AT A GLANCE
TABLE 63 JOHNSON CONTROLS INTERNATIONAL PLC - Key financial Summary
TABLE 64 LG Electronics Inc. - AT A GLANCE
TABLE 65 LG Electronics Inc. - Key financial Summary
TABLE 66 Mitsubishi electric corporation - AT A GLANCE
TABLE 67 Mitsubishi Electric Corporation - Key Financial Summary
TABLE 68 Gree Electric Appliances Inc. of Zhuhai - AT A GLANCE
TABLE 69 Trane Technologies PLC - AT A GLANCE
TABLE 70 Trane Technologies plc - key Financial Summary
TABLE 71 DANFOSS A/S - AT A GLANCE
TABLE 72 DANFOSS A/S - Key Financial Summary
TABLE 73 Carrier Global Corporation - AT A GLANCE
TABLE 74 Carrier Global Corporation - Key financial Summary
TABLE 75 Midea Group Co. Ltd. - AT A GLANCE
TABLE 76 Midea Group Co. Ltd. - Key Financial Summary
TABLE 77 DAIKIN INDUSTRIES LTD. - AT A GLANCE
TABLE 78 DAIKIN INDUSTRIES LTD. - Key Financial Summary
TABLE 79 Zamil Air Conditioners - AT A GLANCE
TABLE 80 S.K.M. Cooling LLC - AT A GLANCE

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 U.A.E. HVAC MARKET SUMMARY
FIG 9 Value Chain Analysis
FIG 10 Impact Analysis of COVID-19 on GDP
FIG 11 Global GDP Growth Rate (2019)
FIG 12 Global GDP Growth Rate (2020)
FIG 13 Global GDP Growth Projection (2021)
FIG 14 Bargaining Power of Buyers
FIG 15 Bargaining power of suppliers
FIG 16 Threat of new entrants
FIG 17 Intensity of rivalry
FIG 18 THREAT OF SUBSTITUTES
FIG 19 U.A.E. HVAC market, by Offering, $M (2014-2030)
FIG 20 U.A.E. HVAC Equipment market, by Type, $M (2014-2030)
FIG 21 U.A.E. Heating Equipment market, by Type, $M (2014-2030)
FIG 22 U.A.E. Heat Pumps Market, by Type, $M (2014-2030)
FIG 23 U.A.E. Furnaces Market, by Type, $M (2014-2030)
FIG 24 U.A.E. Boilers Market, by Type, $M (2014-2030)
FIG 25 U.A.E. Ventilation Equipment Market, by Type, $M (2014-2030)
FIG 26 U.A.E. Ventilation Fans Market, by Type, $M (2014-2030)
FIG 27 U.A.E. Air Handling Units and Fan Coil Units Market, by Type, $M (2014-2030)
FIG 28 U.A.E. Air Handling Units Market, by Type, $M (2014-2030)
FIG 29 U.A.E. Fan Coil Units Market, by Type, $M (2014-2030)
FIG 30 U.A.E. Air Cleaners Market, by Type, $M (2014-2030)
FIG 31 U.A.E. Humidifiers/Dehumidifiers Market, by Type, $M (2014-2030)
FIG 32 U.A.E. Cooling Equipment market, by Type, $M (2014-2030)
FIG 33 U.A.E. Room ACs market, by Type, $M (2014-2030)
FIG 34 U.A.E. Ducted Splits/Packaged Units market, by Type, $M (2014-2030)
FIG 35 U.A.E. VRF systems market, by Type, $M (2014-2030)
FIG 36 U.A.E. Chillers market, by Type, $M (2014-2030)
FIG 37 U.A.E. HVAC Service Market, by Type, $M (2014-2030)
FIG 38 U.A.E. HVAC Market, by End-User, $M (2014-2030)
FIG 39 U.A.E. commercial HVAC market, by Type, $M (2014-2030)
FIG 40 U.A.E. Industrial HVAC market, by Type, $M (2014-2030)
FIG 41 U.A.E. Major Regional Markets for HVAC Systems
FIG 42 U.A.E. HVAC Market Share of Key Players (2019)
FIG 43 JOHNSON CONTROLS INTERNATIONAL PLC - Revenue Split by Segment (2018)
FIG 44 LG Electronics Inc. - Revenue split by Segment and Geography (2019)
FIG 45 Mitsubishi Electric Corporation - Revenue split by Segment and Geography (2019)
FIG 46 Trane Technologies plc - Revenue Split by segment and Geography (2019)
FIG 47 DANFOSS A/S - Revenue split by SEGMENT and GEOGRAPHY (2019)
FIG 48 Carrier Global Corporation - Revenue split by segment and geography (2019)
FIG 49 Midea Group Co. Ltd. - Revenue split by Segment and Geography (2019)
FIG 50 DAIKIN INDUSTRIES LTD. - Revenue split by segment and geography (2019)
Note: Product cover images may vary from those shown
3 of 4
  • Johnson Controls International plc
  • LG Electronics Inc.
  • Mitsubishi Electric Corporation
  • Gree Electric Appliances Inc. of Zhuhai
  • Trane Technologies plc
  • Danfoss A/S
  • Carrier Global Corporation
  • Midea Group Co. Ltd.
  • Daikin Industries Ltd.
  • Zamil Air Conditioners
  • S.K.M. Cooling LLC
Note: Product cover images may vary from those shown
4 of 4

Loading
LOADING...

Adroll
adroll