Insights into the UAE Chiller Market: Share, Demand Trends, and Growth Analysis

MarkNtel Advisors analyses the growth rate of the UAE Chiller market in the forecast period from 2025 to 2030. In addition to comprehensive market insights such as market value, growth rate, market segmentation, key market players, and market dynamic. This detailed analysis aims to provide valuable information for stakeholders in the UAE Chiller market, helping them make informed decisions.

Market Outlook – 2025-2030:

The UAE Chiller Market size was valued at around USD 124.9 million in 2024 and is projected to reach around USD 181.5 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.3% during the forecast period, i.e., 2025-30. The growth in the chiller market of the UAE is driven by the increasing construction and real estate projects in the country. There is an estimated USD 400 billion worth of commercial real estate in the UAE that is either under construction or in the planning stage in 2024 states CBRE. Given the region’s geography, the expanding commercial real estate will need an efficient cooling system such as a district cooling system. This will boost the demand for chillers in the UAE.

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Key Company Profiles

This report explores recent significant developments in the UAE Chiller Market, focusing on the leading companies and their innovative profiles. The major players in the UAE Chiller Market, featured in this report, include:

• Johnson Controls
• Atlas Copco
• Trane
• Carrier Corporation
• Daikin Middle East & Africa FZE
• LG Electronics Gulf
• Zamil Air conditioners
• Blue Star
• Climaveneta
• Emirates Jo Trade Co. LLC
• Others

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Market Segmentation & Coverage

This research report by MarkNtel Advisors categorizes the UAE Chiller Market to forecast revenues and analyse trends across each of the following sub-markets:

• By Compressor Type
  • Screw Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Scroll Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Reciprocating Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Turbocor Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Centrifugal Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Absorption Chillers- Market Size & Forecast 2020-2030, USD Million & Thousand Units
• By Product
  • Air-Cooled- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Water-Cooled- Market Size & Forecast 2020-2030, USD Million & Thousand Units

The water-cooled chiller is the leading segment in the UAE Chiller Market. Compared to air-cooled chillers, water-cooled chillers are greater efficient.

• By End Users
  • Oil & Gas- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Chemicals- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Food & Beverage- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Healthcare- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Commercial- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Residential- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Power Utilities- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Others (Government & Transportation, etc.)- Market Size & Forecast 2020-2030, USD Million & Thousand Units
• By Capacity
  • Less than 150 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • 150-1000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • 1001-2000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units
  • Above 2000 Tons- Market Size & Forecast 2020-2030, USD Million & Thousand Units
• By Region
  • Dubai
  • Abu Dhabi & Al Ain
  • Sharjah & Northern Emirates

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What are the primary factors driving the growth of the UAE Chiller market?

Expansion of Residential Sector – The UAE is witnessing a burgeoning boom in its residential real estate especially in the high-rise residential homes and apartments. This is because of the government of UAE’s plan to attract rich foreign people and businesses to enhance the spending and enterprise environment of the country. The UAE remains among the top destination choices for migrating wealthy individuals. More than 6,700 millionaires will migrate to the UAE by the end of 2024 states the Henley & Partner. The impact of this was seen in the rising of residential property prices. Moreover, Dubai Urban Master Plan 2040 aims to enhance infrastructure driving the construction work in Dubai. In 2024 Dubai is estimated to make around 64,000 residential units. This expansion of the residential sector will drive the chiller demand in the country for efficient cooling purposes thereby driving the market growth.

Key Questions Addressed:

1. Market Size and Growth Projections: What is the current size of the market, and how is it expected to grow?
2. Investment Opportunities: Which products, segments, and regions present the most attractive investment opportunities?
3. Technology Trends and Regulatory Influences: What are the prevailing technology trends and regulatory factors influencing the market?
4. Competitive Ranking: How do top vendors rank regarding market share and competitive positioning?
5. Revenue Sources and Strategic Opportunities: What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?

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