Chiller Market Share in MEA
The market for chillers in the MEA is fragmented in nature. It is characterized by the presence of various multinational companies and local manufacturers providing a diverse range of chillers, including screw, centrifugal, scroll, absorption, and reciprocating.
Furthermore, the varying regulatory environment, economic growth rate, and climatic conditions create different demand dynamics in the respective countries. While the major global brands hold significant market shares, the regional players also have a marked presence. This makes for a fragmented and competitive market landscape with varying levels of penetration and specialization for companies across components, applications, and geographies, thus widening the scope for new entrants.
Key Provides of Chillers in MEA:
- Carrier Global Corporation
- Daikin Middle East and Africa FZE
- Gree Electric Appliances Inc. of Zhuhai
- Johnson Controls International PLC
- LG Electronics Inc.
- Midea Group Co. Ltd.
- Mitsubishi Electric Corporation
- S.K.M Air Conditioning LLC
- Samsung Electronics Co. Ltd.
- Zamil Air Conditioners Holding Company Ltd.
- Trane Technologies plc
- Blue Star International FZCO