Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey), By Heating Equipment (Heating Pumps, Furnaces, Boilers, Space heaters, Unitary heaters, Others), By Cooling Equipments (Cooling Towers, Chillers, Coolers, Air conditioners, Others), By General Components (Condensers, Compressors, Radiators, Sensors, Transducers, Others), By End-User Industries (Residential, Commercial, Healthcare Industry, Educational and government institutions, Others) And Competitive Landscape
Product Code: ETC060194 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East Refrigeration and Heating Equipment Market is anticipated to gain traction in the forthcoming years on the back of the growing expansion of the commercial sector like hotels, restaurants, and food courts which is leading to bolstered demand for refrigeration in order to keep food items at low temperature and good for preservation. A rapid rise in modern industrial formats has led to an increase in the growth of refrigeration and heating equipment and is assisting the overall market industrial structure to gain impulsive growth patterns and as a result, is expected to allow the stakeholders to witness significant growth impulsions in their respective businesses in the coming time frame.
Middle East Refrigeration and Heating Equipment Market is witnessing growth due to heavy investment in the construction sector which is stimulating the rise in demand for refrigeration and heating equipment. Government policies and growth in the oil and natural gas sector which require proper equipment to preserve the raw material are further propelling the refrigeration and heating equipment market growth. The COVID-19 pandemic has impacted the Middle-East refrigeration and heating equipment market. Shortage of labour and a significant drop in oil prices are the key reasons for the slowdown in the Middle-East market.
According to 6Wresearch, Middle East Refrigeration and Heating Equipment Market size is anticipated to register growth during 2021-27. UAE, Kuwait, Oman, and Bahrain are the highest revenue-generating refrigeration and heating equipment markets in the Middle East region. The Middle-East region lags agricultural activities, resulting in an increased dependence on imported food & beverage products and thereby driving the demand for industrial refrigeration and heating system market in the Middle East region across all the countries to preserve the perishable edible items. Government policies of countries within the Middle-East region for environment protection and sustainable development are paving the way for industrial refrigeration and heating equipment. FIFA world cup 2020 in Qatar is expected to increase the footfall of tourists which will boost the construction and food processing industry resulting in higher demand for refrigeration and heating equipment.
The Middle-East refrigeration and heating equipment market is segmented based on products which include heating, cooling, and ventilation, and end-use which is residential, commercial, and industrial. Heating equipment includes heat pumps, boilers, furnaces, and heaters, refrigeration equipment includes chillers, cooling towers, air-conditioners, and many more. Major players in the refrigeration and heating equipment market are Mitsubishi Electric Corp, LG Corporation, Lennox International, Daikin Industries Ltd, and Samsung Electronics. Based on verticals, the Middle-East refrigeration and heating equipment market includes housing, hospitality, commercial, industrial, and sports.
The Middle East Refrigeration and Heating Equipment Market report thoroughly covers the market by heating equipment, cooling equipment, general component, end-user industries, and countries including UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Turkey, and the rest of the Middle East. The Middle East refrigeration and heating equipment market outlook report provides an unbiased and detailed analysis of the ongoing Middle East heating and refrigeration market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Refrigeration and Heating Equipment Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Refrigeration and Heating Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 Middle East Refrigeration and Heating Equipment Market - Industry Life Cycle |
3.4 Middle East Refrigeration and Heating Equipment Market - Porter's Five Forces |
3.5 Middle East Refrigeration and Heating Equipment Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Middle East Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipments, 2020 & 2027F |
3.7 Middle East Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2020 & 2027F |
3.8 Middle East Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2020 & 2027F |
3.9 Middle East Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2020 & 2027F |
4 Middle East Refrigeration and Heating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Refrigeration and Heating Equipment Market Trends |
6 Saudi Arabia Refrigeration and Heating Equipment Market, 2017 - 2027 |
6.1.1 Saudi Arabia Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
6.1.2 Saudi Arabia Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
6.1.3 Saudi Arabia Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
6.1.4 Saudi Arabia Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
7 UAE Refrigeration and Heating Equipment Market, 2017 - 2027 |
7.1 UAE Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
7.2 UAE Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
7.3 UAE Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
7.4 UAE Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
8 Qatar Refrigeration and Heating Equipment Market, 2017 - 2027 |
8.1 Qatar Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
8.2 Qatar Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
8.3 Qatar Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
8.4 Qatar Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
9 Kuwait Refrigeration and Heating Equipment Market, 2017 - 2027 |
9.1 Kuwait Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
9.2 Kuwait Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
9.3 Kuwait Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
9.4 Kuwait Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
10 Oman Refrigeration and Heating Equipment Market, 2017 - 2027 |
10.1 Oman Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
10.2 Oman Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
10.3 Oman Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
10.4 Oman Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
11 Bahrain Refrigeration and Heating Equipment Market, 2017 - 2027 |
11.1 Bahrain Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipment, 2017 - 2027 |
11.2 Bahrain Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
11.3 Bahrain Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
11.4 Bahrain Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
12 Turkey Refrigeration and Heating Equipment Market, 2017 - 2027 |
12.1 Turkey Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
12.2 Turkey Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
12.3 Turkey Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
12.4 Turkey Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
13 Rest of Middle East Refrigeration and Heating Equipment Market, 2017 - 2027 |
13.1 Rest of Middle East Refrigeration and Heating Equipment Market, Revenues & Volume, By Heating equipments, 2017 - 2027 |
13.2 Rest of Middle East Refrigeration and Heating Equipment Market, Revenues & Volume, By Cooling Equipments, 2017 - 2027 |
13.3 Rest of Middle East Refrigeration and Heating Equipment Market, Revenues & Volume, By General Components, 2017 - 2027 |
13.4 Rest of Middle East Refrigeration and Heating Equipment Market, Revenues & Volume, By End-User Industries, 2017 - 2027 |
14 Middle East Refrigeration and Heating Equipment Market Key Performance Indicators |
15 Middle East Refrigeration and Heating Equipment Market - Opportunity Assessment |
15.1 Middle East Refrigeration and Heating Equipment Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Middle East Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipments, 2020 & 2027F |
15.3 Middle East Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2020 & 2027F |
15.4 Middle East Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2020 & 2027F |
15.5 Middle East Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2020 & 2027F |
16 Middle East Refrigeration and Heating Equipment Market - Competitive Landscape |
16.1 Middle East Refrigeration and Heating Equipment Market Revenue Share, By Companies, 2020 |
16.2 Middle East Refrigeration and Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |