U.A.E. Heating Equipment Market Quantitative Analysis, Current and Future Trends
Posted by Devanshu Shrivastava on January 11th, 2021
During the last few years, the market recorded the highest growth in Dubai, on account of the fact that the city was the most densely populated metropolis and the financial hub of the country. Moreover, the industry would register huge growth in the city in the forthcoming years as well, due to the increasing tourism activities and several major international events being announced there such as the Dubai Expo 2020.
One of the biggest trends presently being witnessed in the U.A.E. heating equipment market is the usage of energy-efficient devices. Unlike the conventionally used systems, these variants consume very less energy. This massively reduces greenhouse gas emissions. In addition to this, these energy-efficient devices reduce the electricity expenditure of users. The country is enacting various policies for reducing the utilization of valuable resources such as natural gas and crude oil.
The market is also classified, on the basis of end user, into commercial, residential, and industrial. Amongst these, the commercial category registered the highest growth in the market in the past years. This was because of the presence of several hotels & restaurants, healthcare facilities, commercial offices and buildings, and other commercial establishments in the country.
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Hence, it is safe to say that the market will grow substantially in the years to come, on account of the expansion of the hospitality industry and the increasing number of construction projects being announced in the country. This market research report provides a comprehensive overview of the U.A.E. heating equipment market
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About the AuthorDevanshu Shrivastava
Joined: January 31st, 2020
Articles Posted: 105
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