Exploring UAE Chiller Market Opportunity, Latest Trends, Demand, and Development By 2030- MarkNtel Advisors

 According to Markntel Advisors Report, UAE Chiller Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

A chiller is a machine that removes heat using a liquid or air as a medium to cool a system or machinery. Chillers are the core of many industrial procedures and large-scale air-conditioning systems.

 

Global UAE Chiller Market Research Report & Summary:

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.

Time Period Captured in the Report:

·         Historical Years: 2020-2023

·         Base Years: 2024

·         Forecast Years: 2025-2030

Who are the Key Players Operating in the UAE Chiller Market?

The top companies of the UAE Chiller Market ruling the industry are: 

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

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UAE Chiller Industry Recent Development:

·         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.

What is Included in UAE Chiller Market Segmentation?

The UAE Chiller Market 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

-Screw Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Scroll Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Reciprocating Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Turbocor Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Centrifugal Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Absorption Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-By Product

-Air-Cooled- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Water-Cooled- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-By End Users

-Oil & Gas- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Chemicals- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Food & Beverage- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Healthcare- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Commercial- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Residential- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Power Utilities- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Others (Government & Transportation, etc.)- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-By Capacity

-Less than 150 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-150-1000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-1001-2000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-Above 2000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units

-By Region

-Dubai

-Abu Dhabi & Al Ain

-Sharjah & Northern Emirates

Explore the Complete UAE Chiller Market Analysis Report – https://www.marknteladvisors.com/research-library/uae-chiller-market.html

Market Dynamics -Global UAE Chiller Market:

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.

Growing Tourism Sector Offering Growth Opportunities – The UAE government wants to augment its tourism industry to diversify its revenue flow as it steadily shifts away from the oil sector. These growing efforts by the government in this path have resulted in fast growth in the country’s tourism industry. The government plans to bring investments of around USD 27 billion in the tourism industry to raise its GDP contribution to around USD 122 billion by the end of 2031. The unfolding of these scenarios will bring about the improvement of hotels, commercial malls, event venues, etc. All these factors are increasing the demand for cooling systems and ultimately of the chillers in the UAE.

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Why Markntel Advisor Report?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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