The current GCC Chillers market research report provides a comprehensive overview of various variables that influence the business portfolio, future outlook, present crisis analysis with significant innovations, and product & service segmentation. The research analyzes key statistics on market size, major drivers, growth opportunities & challenges, competitive analysis, and revenue share of leading corporations/industries/companies, namely –
-Daikin Middle East and Africa FZE
-Johnson controls
-S.K.M Air Conditioning LLC
-Petra Engineering Industries Company
-Midea Group
-Gami Air Conditioners Manufacturing Company L.L.C.
-Zamil Air conditioners
-Smardt Chiller Group FZE
-Dunham-Bush
-Carrier Corporation
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According to the research report, the GCC Chillers Market is expected to expand at a CAGR of 6% during 2021-26.
Key Drivers: The surging inclination toward district cooling to reduce the electricity consumption and increasing integration of district cooling in the various mega project is propelling the adoption of chillers in the region. The burgeoning spending toward commercial, transportation, and residential construction, rapidly growing hospitality sector on account of tourists, and snowballing inclination of millennials toward consuming frozen foods are factors leading to the market growth in the forecast period
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The Market segments are cited below:
Market Divided into, By Compressor Type
-Screw Chillers
-Scroll Chillers
-Reciprocating Chillers
-Turbocor Chillers
-Centrifugal Chillers
-Absorption Chillers
Market Divided into, By Product
-Air-Cooled
-Water-Cooled
Market Divided into, By End Users
-Oil & Gas
-Chemicals
-Food & Beverage
-Healthcare
-Hospitality
-Residential
-Power Utilities
-Others (Government & Transportation, etc.)
Country Level Segmentation is as follows: UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Oman
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Key Citations of the Research Report:
-Influential parameters driving or constraining Market growth
-The Market’s response to the Covid-19 pandemic
-A thorough examination of the Market’s shifting dynamics
-Assists in determining the profitability by providing thorough insights & assessments of -various segments of the Market
-Key strategies adopted by market leaders to maintain their position in the Market
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