New research report on Middle East District Cooling market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Middle East District Cooling market also includes an in-depth study of the industry's competitive scenario.
Electric chillers DC market will grow on account of operational feasibility and affordable electricity prices in the Middle East countries. The technique is capable of providing bulk of centralized cooling power with high coefficient of performance as compared to alternating units, thereby stimulating the product demand.
Ongoing construction activities in eminent cities of Saudi Arabia including Riyadh and Mecca will stimulate the demand for district cooling market. Stringent regulatory reforms to mitigate GHG emissions along with energy-efficiency protocols will propel the district cooling market.
Middle East District Cooling Market is anticipated to exceed USD 14 billion by 2025. Rising investment toward infrastructural development across the Gulf nations along with increasing demand for cost-efficient and reliable cooling units will fuel the Middle East district cooling market. Enhanced efforts to increase the cooling capacity to boost infrastructural development will further enhance the industry outlook. For instance, Emicool highlighted its plan to expand its plant capacity in the year 2015 with regard to the expansion of the Dubai Investments Park as an initiative for its growth strategy for the World Expo 2020.
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Enhanced inclination toward the adoption of sustainable & energy efficient technologies on account of various environmental and economic & environmental benefits will enhance the Middle East district cooling market.
Commercial district cooling market will witness growth on account of increased adoption of these systems in commercial facilities comprising of malls, hotels, shops, hospitals and offices. Growing demand for Leadership in Energy and Environmental Design (LEED) certified buildings with enhanced emphasis on energy conservation will positively impact the industry outlook.
Ongoing government targets towards energy efficiency coupled with flourishing construction sector will fuel the UAE district cooling market. Companies comprising Logstor and Empower operating in the country entered into an agreement to use fibre optic networks in their large cooling systems for conservation of water resources as a part of their strategy.
Strategic government plans to reduce the consumption of energy along with considerable expansion of DC systems will stimulate the Qatar district cooling market growth. For instance, the Qatar?s National Vision 2030 aims at achieving sustainable development of the country by transforming and providing high standard of living for its citizens.
Hot weather conditions and high humidity climate zones will significantly drive the demand for DC systems in the region. It has been recorded that he GCC countries experience the longest summers with temperatures reaching as high as 540 C in 2016.
Major Highlights from Table of contents are listed below for quick lookup into Middle East District Cooling Market report
Chapter 1. Methodology and Scope
- Definitions & forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2. Executive Summary
- Business trends of Middle East District Cooling Market
- Product trends
- Application trends
Chapter 3. Middle East District Cooling Industry Insights
- Middle East District Cooling Market Industry segmentation
- Industry landscape
- Analysis of Manufacturers in the Middle East District Cooling industry
- Distribution channel analysis
- End-use landscape
- Vendor matrix
- Middle East District Cooling Market Technology & innovation landscape
- Industry impact forces
- Middle East District Cooling Market Growth drivers
- Industry pitfalls & challenges
- Key trends by Segments
Chapter 4. Company Profiles
- Business Overview of Middle East District Cooling Market Companies
- Financial Data
- Product Landscape
- Strategic Outlook and Decisive Analysis of companies in Middle East District Cooling Market
- SWOT Analysis
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