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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
UAE HVAC Market Size
The UAE HVAC market reached approximately USD 5.20 billion in 2023. The market is projected to grow at a CAGR of 4.10% between 2024 and 2032, reaching a value of around USD 7.47 billion by 2032.
UAE HVAC Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4.10% between 2024 and 2032.
The major drivers of the industry, such as the rising application of HVAC systems in buildings, expanding construction sector, growing need to ventilate residential structures, and the rapid industrialisation and urbanisation, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing preference for energy-efficient HVAC systems and favourable government regulations to promote the same.
Heating, ventilation, and cooling are the major HVAC equipment considered within the market report.
New constructions and retrofits are the different implementation types considered within the market report.
Residential, commercial, and industrial are the different end uses of the product in the UAE HVAC industry.
The major players in the industry are Takyeef Factory LLC, SASCO Airconditioning Industry, Carrier Global Corporation, LG Electronics Inc., and Gulf Star Cooling Services LLC, among others.
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