Chillers are machines used for cooling purposes as they remove heat from a liquid through vapor-compression. GCC Chillers Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of GCC Chillers market consisting of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Based on Compressor Type, Absorption Chillers accounted for significant market share in the GCC Chillers market in the previous few years. Absorption Chillers consume only 5-10% electric power, thus becoming an efficient solution when there is an electric power shortage. Besides this, the increasing number of customers toward solar-powered absorption chiller due to the extreme weather conditions, the deployment of these chillers is mostly in buildings with heated swimming pools and hospitals. Therefore, this is likely to drive the growth of the GCC Chillers Market in the future, reveals the author in their research report, GCC Chillers Market Analysis, 2021.
According to the publishers' research report GCC Chillers Market Analysis, 2021, the GCC Chillers market is likely to grow at a CAGR of around 6% during 2021-2026. The surging inclination toward district cooling to reduce the electricity consumption and increasing integration of district cooling in the various mega project is propelling the adoption of chillers in the region. The burgeoning spending toward commercial, transportation, and residential construction, rapidly growing hospitality sector on account of tourists, and snowballing inclination of millennials toward consuming frozen foods are factors leading to the market growth in the forecast period.
According to the publishers, the key players with a considerable market share in the GCC Chillers Market are Daikin Middle East & Africa FZE, Johnson Controls, SKM Air Conditioning LLC, Petra Engineering Industries Company, Midea Group, Gami Air Conditioners Manufacturing Company LLC, Zamil Air conditioners, Smart Chiller Group FZE, Dunham-Bush, Carrier Corporation, etc.
1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the GCC Chillers Market?
2. What is the region-wise industry size, growth drivers, and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the GCC Chillers Market?
4. Who are the key competitors or market players, and how do they perform in the GCC Chillers Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the GCC Chillers Market study?
Market Segmentation
Absorption Chillers Accounted for Significant Market Share
Based on Compressor Type, Absorption Chillers accounted for significant market share in the GCC Chillers market in the previous few years. Absorption Chillers consume only 5-10% electric power, thus becoming an efficient solution when there is an electric power shortage. Besides this, the increasing number of customers toward solar-powered absorption chiller due to the extreme weather conditions, the deployment of these chillers is mostly in buildings with heated swimming pools and hospitals. Therefore, this is likely to drive the growth of the GCC Chillers Market in the future, reveals the author in their research report, GCC Chillers Market Analysis, 2021.
Market Opportunities
According to the publishers' research report GCC Chillers Market Analysis, 2021, the GCC Chillers market is likely to grow at a CAGR of around 6% during 2021-2026. The surging inclination toward district cooling to reduce the electricity consumption and increasing integration of district cooling in the various mega project is propelling the adoption of chillers in the region. The burgeoning spending toward commercial, transportation, and residential construction, rapidly growing hospitality sector on account of tourists, and snowballing inclination of millennials toward consuming frozen foods are factors leading to the market growth in the forecast period.
Competitive Landscape
According to the publishers, the key players with a considerable market share in the GCC Chillers Market are Daikin Middle East & Africa FZE, Johnson Controls, SKM Air Conditioning LLC, Petra Engineering Industries Company, Midea Group, Gami Air Conditioners Manufacturing Company LLC, Zamil Air conditioners, Smart Chiller Group FZE, Dunham-Bush, Carrier Corporation, etc.
Key Questions Answered in the Market Research Report:
1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the GCC Chillers Market?
2. What is the region-wise industry size, growth drivers, and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the GCC Chillers Market?
4. Who are the key competitors or market players, and how do they perform in the GCC Chillers Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the GCC Chillers Market study?
Table of Contents
1. Introduction
5. GCC Chillers Market Outlook, 2016-2026F
6. UAE Chillers Market Outlook, 2016-2026F
7. Saudi Arabia Chillers Market Outlook, 2016-2026F
8. Qatar Chillers Market Outlook, 2016-2026F
9. Kuwait Chillers Market Outlook, 2016-2026F
10. Bahrain Chillers Market Outlook, 2016-2026F
11. Oman Chillers Market Outlook, 2016-2026F
12. GCC Chillers Market Customer Analysis, 2021-26F
14. GCC Chillers Market Dynamics
19. Competition Outlook
Companies Mentioned
- Daikin Middle East and Africa FZE
- Johnson controls
- S.K.M Air Conditioning LLC
- Petra Engineering Industries Company
- Midea Group
- Gami Air Conditioners Manufacturing Company L.L.C.
- Zamil Air conditioners
- Smardt Chiller Group FZE
- Dunham-Bush
- Carrier Corporation
Methodology
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