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

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

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


1
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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2
  • 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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Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
031
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4
  • 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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Rights Reserved
www.gminsights.com
5
Latest Research Report On Middle East District
Cooling Market _at_ https//www.gminsights.com/indust
ry-analysis/middle-east-district-cooling-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
2031
Request for customization https//www.gminsights
.com/roc/2031
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Rights Reserved
www.gminsights.com
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www.gminsights.com
Thank You!
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Rights Reserved
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www.gminsights.com
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