Middle East District Cooling Market - Demand Estimation and Regional Share Analysis Report to 2028 - PowerPoint PPT Presentation

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Middle East District Cooling Market - Demand Estimation and Regional Share Analysis Report to 2028

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Title: Middle East District Cooling Market - Demand Estimation and Regional Share Analysis Report to 2028


1
Middle East District Cooling Market - Demand
Analysis and Application Scope with Top Players
to 2028
2
  • Rising consumption of power across commercial and
    residential establishments will drive Middle East
    district cooling market forecast over 2022-2028.
    Industry players have been providing solutions
    that address sustainability concerns. They are
    envisioning a healthier, net-zero future by
    delivering cost and energy-efficient cooling
    services to medical facilities, laboratories,
    clinics, and other entities operating in the
    healthcare space. Government buildings,
    universities, and educational institutes are
    likely to refurbish their cooling infrastructure
    over the next few years.
  • As the country boasts of more than 70 hospitals
    offering high quality care, Oman district cooling
    industry share from the healthcare segment will
    record a high growth rate through 2028. The
    rising burden of chronic conditions has been
    sparking public and private collaborations,
    expanding the nations healthcare budget
    significantly.
  • Dubai district cooling industry share from
    healthcare applications is set to achieve a major
    milestone over the next few years, thanks to the
    presence of some of the worlds biggest industry
    players. The Emirates Central Cooling Systems
    Corporation (Empower) has been servicing more
    than 40 healthcare projects across the MEA. The
    company offers a 142,000 refrigeration tons (RT)
    capacity across the Phase I and II of its Dubai
    Health Care City Project.

3
  • Countries in Middle East have been seeing a
    growing number of industrial investments. As
    such, construction of technologically advanced
    factories will generate opportunities for cooling
    solutions. Reduced noise pollutions, minimal
    greenhouse gas emissions, and reduction of
    refrigerant usage are some top benefits offered
    by industrial district cooling solutions.
  • When industrial units deploy these services, they
    can save considerable space as there is no need
    for chiller plant, which comes with a
    conventional air-conditioning system. Several
    factory owners have been preferring these
    solutions instead of centralized air-conditioning
    systems, as they can simplify their building
    management.
  • Top regional companies such as Tabreed (National
    Central Cooling Company PJSC), have been adopting
    strategies such as partnerships, expansions, and
    acquisitions. Tabreed has expanded its portfolio
    to reach 86 plants, of which 75 are in the UAE.
    Recently, the company announced that it will
    begin working on new projects across Saudi
    Arabia, and Egypt. The company recently partnered
    with the World Banks International Finance
    Corporation (IFC) and successfully acquired the
    Al Maryah plant.

4
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
031
5
  • Regional Analysis
  • As new residential and commercial projects take
    shape across the Middle East, the regional
    district cooling industry outlook remains strong.
    For instance, Wasl properties recently announced
    a large project in Al Qusais, Dubai, consisting
    of around 6,200 homes, clinics, shops and other
    commercial properties across 62 buildings.
    Further, it has been reported that Saudi Arabias
    Public Investment Fund has been pushing for more
    construction projects in the region. Smart city
    concept is also gaining traction across countries
    like Egypt, which will impact the adoption of
    HVAC technologies, possibly fostering regional
    district cooling market trends.
  • Competitive Analysis
  • It has been estimated that Middle East district
    cooling market size could grow at a CAGR of more
    than 9 through 2028. National Central Cooling
    Company PJSC (Tabreed), Emirates Central Cooling
    System Corporation (Empower), ARANER, Emicool,
    Shinryo Corporation, and SNC Lavalin are some top
    providers of district cooling services in the
    Middle East. These companies have been
    aggressively investing in RD for gaining a
    competitive edge in the international landscape.

6
Latest Research Report On Middle East District
Cooling Market _at_ https//www.gminsights.com/indust
ry-analysis/middle-east-district-cooling-market
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
031
Request for customization _at_ https//www.gminsights
.com/roc/2031
7
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