Middle East District Cooling Market 2022 By Growth, Top Trends & Forecast To 2030

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Middle East District Cooling Market 2022 By
Industry Trends Growth Forecast To 2030
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Industry Overview

• Rising consumption of power across commercial and
  residential establishments will drive Middle East
  district cooling market forecast over 2022-2030.
  Industry players have been providing solutions
  that address sustainability concerns. They are
  envisioning a healthier, net-zero future by
  delivering cost and energy-efficient cooling
  services to medical facilities, laboratories,
  clinics, and other entities operating in the
  healthcare space. Government buildings,
  universities, and educational institutes are
  likely to refurbish their cooling infrastructure
  over the next few years.
• It has been estimated that Middle East district
  cooling market size could grow at a CAGR of more
  than 9 through 2028. National Central Cooling
  Company PJSC (Tabreed), Emirates Central Cooling
  System Corporation (Empower), ARANER, Emicool,
  Shinryo Corporation, and SNC Lavalin are some top
  providers of district cooling services in the
  Middle East. These companies have been
  aggressively investing in RD for gaining a
  competitive edge in the international landscape.
• Dubai district cooling industry share from
  healthcare applications is set to achieve a major
  milestone over the next few years, thanks to the
  presence of some of the worlds biggest industry
  players. The Emirates Central Cooling Systems
  Corporation (Empower) has been servicing more
  than 40 healthcare projects across the MEA. The
  company offers a 142,000 refrigeration tons (RT)
  capacity across the Phase I and II of its Dubai
  Health Care City Project.

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Continue

• Countries in Middle East have been seeing a
  growing number of industrial investments. As
  such, construction of technologically advanced
  factories will generate opportunities for cooling
  solutions. Reduced noise pollutions, minimal
  greenhouse gas emissions, and reduction of
  refrigerant usage are some top benefits offered
  by industrial district cooling solutions.
• As new residential and commercial projects take
  shape across the Middle East, the regional
  district cooling industry outlook remains strong.
  For instance, Wasl properties recently announced
  a large project in Al Qusais, Dubai, consisting
  of around 6,200 homes, clinics, shops and other
  commercial properties across 62 buildings.
  Further, it has been reported that Saudi Arabias
  Public Investment Fund has been pushing for more
  construction projects in the region. Smart city
  concept is also gaining traction across countries
  like Egypt, which will impact the adoption of
  HVAC technologies, possibly fostering regional
  district cooling market trends.

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Middle East District Cooling Market

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