U.A.E. HVAC Market Future Trends, Prominent Players, Covid 19 Impact & Forecast

Posted by Devanshu Shrivastava on November 30th, 2020

Dubai proved to be the largest U.A.E. HVAC market in 2019, because of the increasing construction of large infrastructure units. These rapid construction activities are in response to the upcoming event of Dubai Expo 2020. Additionally, the government is increasing its focus on the construction sector to reduce the dependency on the oil and gas sector. The tourism industry also plays a significant role in the development of infrastructure in Dubai; therefore, it will also contribute to the growth of the market.

The capital city of the U.A.E, Abu Dhabi, and Al Ain are expected to together witness the highest growth rate in the U.A.E. HVAC market in the forecast years. This growth will be driven by the Abu Dhabi 2030 plan, which aims to attract at least 7.9 million tourists annually and reduce the dependency on gas and oil. The construction of new offices and retail spaces is also projected to be a prime factor that will add substantially to the revenue of the market.

Therefore, an increase in construction activities and the expansion of infrastructure across the U.A.E. will drive the growth of the market. The demand for HVAC equipment and services will increase during the forecast period due to the newly constructed buildings being commissioned and extreme climatic conditions. Moreover, the extensive support of the government will drive the market to new heights in the future.

This market research report provides a comprehensive overview of the U.A.E. HVAC market

Historical and the present size of the U.A.E. HVAC market

Future potential of the market through its forecast for the period 2020– 2030

Major factors driving the market and their impact during the short, medium, and long terms

Market restraints and their impact during the short, medium, and long terms

Recent trends and evolving opportunities for the market participants

Historical and the present size of the market segments and understand their comparative future potential