DUBLIN--(BUSINESS WIRE)--The "U.A.E. HVAC Market by HVAC Type, by End-User, By Region U.A.E. Market Size, Share, Development, Growth and Demand Forecast, 2014-2024" report has been added to ResearchAndMarkets.com's offering.
According to this research, the U.A.E. HVAC market is expected to attain a size of $1.4 billion by 2024, progressing at a 6.4% CAGR during the forecast period 2019-2024. The factors driving the market are the increasing spending on transportation sector along with the expanding hospitality industry in the country.
Based on HVAC type, the market is categorized into heating, ventilation, and cooling. Among these, the ventilation category is predicted to exhibit the fastest CAGR during the forecast period in the U.A.E. HVAC market, owing to the expansion of commercial spaces, such as metro projects, hotels, and shopping malls, where ventilation systems are an essential requirement.
On the basis of cooling type, the U.A.E. HVAC market is divided into split units, room air conditioners (RAC), variable refrigerant flow (VRF), chillers, and ducted split/packaged units. Out of these, VRF is anticipated to register the fastest growth in the market because of the rising construction rate of green buildings in the country, which is escalating the demand for highly-efficient VRF systems.
Now, the growing number of construction projects in the transportation sector is one of the key drivers of the U.A.E. HVAC market. The country is witnessing a massive increase in projects pertaining to the construction of new airports and metro systems. Due to the upcoming World Expo, an international trade fair, in 2020, the country is witnessing heavy investments in the transportation sector.
Currently, there are many metro railway expansion projects line up in the country. For instance, Abu Dhabi has planned to start the metro rail, which would be more than 81 miles long. The first phase of this project is expected to be completed by 2020. The overall metro network would include four lines with numerous stations, where HVAC systems will be installed in plenty. In addition, the construction of new airports and expansion of older airports will also be undertaken in the country.
In the past few years, facility expansion by major manufacturers has been one of the major activities witnessed in the U.A.E. HVAC market. In the recent past, Johnson Controls International PLC and Daikin Industries Ltd. had been the forerunners in strategic developments. These companies are participating in facility expansion to consolidate their position in the market.
Market Dynamics
Trends
- Adoption of smart HVAC systems
- Demand for energy efficient HVAC systems
Drivers
- Increasing construction projects in transportation sector
- Growing hospitality industry
Restraint
- Lack of skilled labor
Opportunities
- Demand for VRF systems in residential and commercial buildings
- Growing popularity of geothermal HVAC
Key Topics Covered
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by HVAC 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
1.3.5.2 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
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By HVAC Type
4.1.1.1 Heating
4.1.1.1.1 Heat Pumps
4.1.1.1.1.1 Air source
4.1.1.1.1.2 Water source
4.1.1.1.1.3 Ground source
4.1.1.1.2 Furnaces
4.1.1.1.2.1 Gasoline
4.1.1.1.2.2 Propane
4.1.1.1.2.3 Electric
4.1.1.1.3 Boilers
4.1.1.1.3.1 Water-tube
4.1.1.1.3.2 Fire-tube
4.1.1.1.4 Unitary Heaters
4.1.1.2 Ventilation
4.1.1.2.1 Ventilation fans
4.1.1.2.1.1 Centrifugal fans
4.1.1.2.1.2 Axial fans
4.1.1.2.1.3 Domestic exhaust fans
4.1.1.2.1.4 Power roof fans
4.1.1.2.2 Air handling units
4.1.1.2.2.1 Terminal units
4.1.1.2.2.2 Makeup air units
4.1.1.2.2.3 Rooftop units
4.1.1.2.3 Fan coil units
4.1.1.2.3.1 Two-pipe
4.1.1.2.3.2 Four-pipe
4.1.1.2.4 Humidifiers/Dehumidifiers
4.1.1.2.5 Air cleaners
4.1.1.2.5.1 Type I: HEPA + Carbon
4.1.1.2.5.2 Type II: HEPA + Carbon + Ionizer
4.1.1.2.5.3 Type III: HEPA + Carbon+ UV
4.1.1.2.5.4 Type IV: HEPA + Carbon + Ionizer+ UV
4.1.1.2.5.5 Type V: Other Technologies
4.1.1.3 Cooling
4.1.1.3.1 Room ACs
4.1.1.3.1.1 Mini splits
4.1.1.3.1.2 Window Air Conditioner
4.1.1.3.2 Split units
4.1.1.3.3 Ducted split/packaged unit
4.1.1.3.3.1 Packaged unit with water cooled condenser
4.1.1.3.3.2 Packaged units with air cooled condenser
4.1.1.3.4 Variable refrigerant flow
4.1.1.3.4.1 Heat pump systems
4.1.1.3.4.2 Heat recovery systems
4.1.1.3.5 Chillers
4.1.1.3.5.1 Centrifugal
4.1.1.3.5.2 Screw
4.1.1.3.5.3 Scroll
4.1.1.3.5.4 Absorption
4.1.1.3.5.5 Reciprocating
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
4.4 Porter's Five Forces Analysis
Chapter 5. U.A.E. HVAC market snapshot
5.1 By HVAC Type
5.1.1 Heating, by Equipment Type
5.1.1.1 Heat Pumps, by Type
5.1.1.2 Furnaces, by Type
5.1.1.3 Boilers, by Type
5.1.2 Ventilation, by Equipment Type
5.1.2.1 Ventilation Fans, by Type
5.1.2.2 Air Handling Units and Fan Coil Units, by Type
5.1.2.2.1 Air handling units, by type
5.1.2.2.2 Fan coil Units, by Type
5.1.2.3 Air Cleaners, by Type
5.1.2.4 Humidifier/dehumidifier market, by Type
5.1.3 Cooling, by Equipment Type
5.1.3.1 Room ACs, by Type
5.1.3.2 Ducted Split/Packaged Unit, by Type
5.1.3.3 VRF, by Type
5.1.3.4 Chillers, by Type
5.2 By End-User
5.2.1 Commercial, by Category
5.2.2 Industrial, by Category
5.2.3 By Residential
5.3 By Region
Chapter 6. Competitive Landscape
6.1 Market Share Analysis of Key Players
6.2 Competitive Benchmarking of Players
6.3 Recent Activity of Major Players
6.4 Strategic Developments of Key Players
6.4.1 Product Launches
6.4.2 Partnerships
6.4.3 Facility Expansions
6.5 List of Key Players
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 LG Electronics Inc.
7.3 Mitsubishi Electric Corporation
7.4 Gree Electric Appliances, Inc. of Zhuhai
7.5 Ingersoll-Rand PLC
7.6 Danfoss A/S
7.7 United Technologies Corporation
7.8 Midea Group Co. Ltd.
7.9 Daikin Industries Ltd.
7.10 Zamil Air Conditioners
7.11 S.K.M Cooling LLC
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