UAE Chiller Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of UAE
Chiller Industry (2025-2030):
According
to the latest report, the UAE
Chiller Market size was valued at around USD 124.9
million in 2024 and is projected to reach around USD 181.5
million by 2030. Along with this, the market is estimated to grow at a CAGR
of around 6.3% during the forecast period, i.e., 2025-30. The
report demonstrates the prominent factors propelling the exponential growth of
the UAE Chiller Market.
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Key Takeaways: Beneficial for Stakeholders and Clients
·
Historic Period: 2020-2023
·
Base year: 2024
·
Forecast Years: 2025-2030
·
CAGR (2025-2030): 6.3%
·
Market Value
in 2024: USD 124.9 Million
·
Market Value in 2030: USD 181.5
Million
What are the major Driver
the UAE Chiller Market industry?
Expansion of Residential
Sector
– The UAE is witnessing a burgeoning boom in its residential real estate
especially in the high-rise residential homes and apartments. This is because
of the government of UAE's plan to attract rich foreign people and businesses
to enhance the spending and enterprise environment of the country. The UAE
remains among the top destination choices for migrating wealthy individuals.
More than 6,700 millionaires will migrate to the UAE by the end of 2024 states
the Henley & Partner. The impact of this was seen in the rising of
residential property prices. Moreover, Dubai Urban Master Plan 2040 aims to
enhance infrastructure driving the construction work in Dubai. In 2024 Dubai is
estimated to make around 64,000 residential units. This expansion of the
residential sector will drive the chiller demand in the country for efficient
cooling purposes thereby driving the market growth.
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report to gain insights into the complete report structure
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UAE Chiller Market
Segmentation
The UAE
Chiller Market analysis of MarkNtel Advisors explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market dynamic. The
further bifurcations are as follows:
·
By Compressor Type
o
Screw Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Scroll Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Reciprocating Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Turbocor Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Centrifugal Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Absorption Chillers- Market Size & Forecast
2020-2030, USD Million & Thousand Units
·
By Product
o
Air-Cooled- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
o
Water-Cooled- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
·
By End Users
o
Oil & Gas- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Chemicals- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
o
Food & Beverage- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Healthcare- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
o
Commercial- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
o
Residential- Market Size & Forecast 2020-2030,
USD Million & Thousand Units
o
Power Utilities- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Others (Government & Transportation, etc.)-
Market Size & Forecast 2020-2030, USD Million & Thousand Units
·
By Capacity
o
Less than 150 Tons- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
150-1000 Tons- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
1001-2000 Tons- Market Size & Forecast
2020-2030, USD Million & Thousand Units
o
Above 2000 Tons- Market Size & Forecast
2020-2030, USD Million & Thousand Units
·
By Region
o
Dubai
o
Abu Dhabi & Al Ain
o
Sharjah & Northern Emirates
https://www.marknteladvisors.com/research-library/uae-chiller-market.html
Top
Companies in the UAE Chiller
Johnson Controls,
Atlas Copco, Trane, Carrier Corporation, Daikin Middle East & Africa FZE,
LG Electronics Gulf, Zamil Air conditioners, Blue Star, Climaveneta, Emirates
Jo Trade Co. LLC, and Others
Recent
Developments by the Leading Companies:
- September 2024: Daikin entered into a
partnership with Softlogic in the UAE to capitalize on
the opportunity in the country's booming chillers and air conditioning
market.
- December 2023: Johnson Controls launched
Abu Dhabi’s first “Cooling as a Service” (CaaS) project in collaboration
with Aldar Properties.
Well-known business
Prospects: Our accurate analysis market research report serves as a treasure
map for discovering potential markets and novel product avenues. Additionally,
it facilitates comparisons of products and services.
Thoughtful Customer
Insights: A market report provides the marketing department with an in-depth
understanding of customer requirements and desires. This information is bound
to enhance products, adjust pricing, and refine advertising strategies.
Empowering Data-Backed
Judgement: Our comprehensive Market research encompasses a wide spectrum of
activities, including precise market sizing, detailed segment analysis,
accurate demand forecasting, competitor identification, and meticulous pricing
trend monitoring.
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personalized insights? Click here to customize this report-
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