Middle East District Cooling Market to 2027 - Future Demand Analysis and Emerging Trends

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Middle East District Cooling Market 2021 -
Geographical Overview and Developments Strategies
to 2027

• The Middle East district cooling market share is
  anticipated to witness a considerable upsurge
  over the estimated timeframe, driven by the
  rising infrastructural expenditure, coupled with
  the high emphasis on the implementation of
  innovative technologies. Likewise, robust
  deployment of advanced cooling unit owing to
  their economic and environmental benefits will
  push the product demand in years to come. As per
  Global Market Insights, Inc. estimates, the
  Middle East district cooling market size is
  likely to exhibit over 8 growth rate through
  2027.
• The government in the Middle East district has
  introduced various norms regarding the
  construction of residential and commercial
  cooling infrastructure. The regional industry
  will further amass hefty gains due to the strong
  project pipeline, accelerating private and public
  investments to enhance the cooling capacity, as
  well as ongoing technological advancements to
  integrate efficient cooling equipment with low
  greenhouse gas emission levels.

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• According to reliable reports, the passive
  cooling system along with the evaporative cooler
  is capable of reducing the temperature by 5C as
  compared to the ambient temperature, as well as
  can lower over 2C to 3 as compared to the
  reference room temperature, thereby leading to
  the rapid surge in product adoption.

• In terms of segmentation by production technique,
  the Middle East district cooling market from the
  absorption cooling segment is projected to expand
  at an exponential rate. The segmental growth is a
  result of the escalating infrastructural
  investments in the residential and commercial
  establishments, alongside the rising
  refurbishment replacement of existing cooling
  equipment. The demand for this production
  technique can further be credited to the
  favorable government policies towards centralized
  networks across the energy system and its
  utilization of solar heat for cooling spaces in
  the industrial and commercial sectors in the
  Middle East district.

• The industry has been witnessing a rapid surge in
  demand for space cooling units due to high
  awareness about their growing applicability in
  extreme weather conditions across countries like
  Saudi Arabia, the UAE, and Qatar. Furthermore,
  Tabreed, Empower, Emicool, and other
  government-based utilities have launched several
  programs to boost the total cooling capacity of
  the existing plants.

• There has been rapid capital spending for the
  establishment of residential and commercial
  infrastructure, in addition to the robust demand
  for centralized production and distribution of
  the cooling energy network.

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• To illustrate, Emirates Central Cooling Systems
  Corporation, in 2020, unveiled a program to
  modernize and upgrade the cooling plant at the
  Jumeirah Beach Residence district. Strong focus
  of the governments to provide a structured
  district cooling network will further enhance the
  cooling business landscape in the Middle East
  district.

• . These aforesaid factors will add significant
  impetus to the market size over the coming years.
  In 2020, Emirates Central Cooling Systems
  completed the development of a centralized
  district cooling network in a large commercial
  building. High private and public investments to
  deploy efficient cooling systems across the
  healthcare, hospitality, and government/military
  sectors will further amplify industry forecast in
  years ahead.

• Competitive Analysis

• The competitive landscape of the Middle East
  district cooling market comprises of companies
  such as Ramboll Group A/S, Marafeq Qatar, DC PRO
  Engineering, Emicool, Empower, and Tabreed, among
  others. These companies are incorporating varied
  strategies such as new product launches, MA, and
  business expansion to strengthen their footprint.

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