MEA VRF Systems Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Get a Comprehensive Overview of the MEA VRF Systems Market Report Prepared by P&S Intelligence, Segmented by Component (Outdoor Units, Indoor Units, Control Systems and Accessories), Compressor Unit (Air-Cooled Units, Water-Cooled Units), System Type (Heat Pump Systems, Heat Recovery Systems), Application (Commercial, Residential), and Geographic Regions. This Report Provides Insights From 2019 to 2024
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Data Reporting Unit
1.4.1 Value
1.5 Market Size Breakdown by Segment
1.5.1 Market Segmentation by Component
1.5.2 Market Segmentation by Compressor Unit
1.5.3 Market Segmentation by System Type
1.5.4 Market Segmentation by Application
1.5.5 Market Segmentation by Country
1.6 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.1.3 P&S Intelligence Database
2.2 Primary Research
2.2.1 Breakdown of Primary Research, by Industry Participant
2.2.2 Breakdown of Primary Research, by Designation
2.2.4 Breakdown of Primary Research, by Company Type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Assumptions for the Study
2.7 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
5.1 Market Dynamics
5.1.1 Trends
5.1.1.1 Product Launches
5.1.1.2 Increasing adoption of latest technologies in VRF systems
5.1.1.3 Increase in adoption of smart and connected buildings
5.1.1.4 Preference for zoned heating and cooling in the region
5.1.2 Drivers
5.1.2.1 Rise in the construction activities
5.1.2.2 Rising demand for energy efficiency
5.1.2.3 Green Building Initiatives and Government Regulations
5.1.2.4 Increasing penetration of variable refrigerant flow systems in residential and commercial applications
5.1.2.5 Increasing construction expenditure in MEA and Egypt favoring VRF systems market growth
5.1.2.6 Impact analysis of drivers on market forecast
5.1.3 Restraints
5.1.3.1 High installation cost of VRF systems to limit adoption
5.1.3.2 Harmful environmental impacts of refrigerant leaks
5.1.3.3 Lack of awareness regarding VRF systems
5.1.3.4 Reliance on imported technology
5.1.3.5 Impact analysis of restraints on market forecast
5.2 Impact of COVID-19
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants (Moderate Impact)
5.3.2 Bargaining Power of Suppliers (Moderate Impact)
5.3.3 Bargaining Power of Buyers (High Impact)
5.3.4 Threat of Substitute Products (Moderate Impact)
5.3.5 Industry Rivalry (High Impact)
5.3.6 Overall Impact
Chapter 6. MEA Market Size and Forecast
6.1 Overview
6.2 Market Revenue, by Component (2019–2030)
6.3 Market Revenue, by Compressor Unit (2019–2030)
6.4 Market Revenue, by System Type (2019–2030)
6.4.1 Heat Pump Systems Market Revenue, by Type (2019–2030)
6.5 Market Revenue, by Application (2019–2030)
6.6 Market Revenue, by Country (2019–2030)
Chapter 7. Egypt Market Size and Forecast
7.1 Overview
7.2 Market Revenue, by Component (2019–2030)
7.3 Market Revenue, by Compressor Unit (2019–2030)
7.4 Market Revenue, by System Type (2019–2030)
7.4.1 Heat Pump Systems Market Revenue, by Type (2019–2030)
7.5 Market Revenue, by Application (2019–2030)
Chapter 8. Competitive Landscape
8.1 List of Market Players and Their Distributors
8.2 List of Market Players and Their Offerings
8.3 Recent Strategic Developments of Key Players
8.3.1 Partnerships and Collaborations
8.3.2 Product Launches
8.3.3 Facility Expansion
8.3.4 Other Developments
Chapter 9. Company Profiles
9.1 Carrier Global Corporation
9.1.1 Business Overview
9.1.2 Product and Service Offerings
9.1.3 Key Financial Summary
9.2 Daikin Middle East and Africa FZE
9.2.1 Business Overview
9.2.2 Product and Service Offerings
9.2.3 Key Financial Summary
9.3 Mitsubishi Electric Corporation
9.3.1 Business Overview
9.3.2 Product and Service Offerings
9.4 Panasonic Marketing Middle East & Africa FZE
9.4.1 Business Overview
9.4.2 Product and Service Offerings
9.5 Fujitsu General (Middle East) Fze
9.5.1 Business Overview
9.5.2 Product and Service Offerings
9.5.3 Key Financial Summary
9.6 LG Electronics Inc.
9.6.1 Business Overview
9.6.2 Product and Service Offerings
9.6.3 Key Financial Summary
9.7 Blue Star International FZCO
9.7.1 Business Overview
9.7.2 Product and Service Offerings
9.8 Hisense Middle East
9.8.1 Business Overview
9.8.2 Product and Service Offerings
9.9 Johnson Controls International PLC
9.9.1 Business Overview
9.9.2 Product and Service Offerings
9.10 Petra Engineering Industries Co.
9.10.1 Business Overview
9.10.2 Product and Service Offerings
9.11 S.K.M Air Conditioning LLC
9.11.1 Business Overview
9.11.2 Product and Service Offerings
9.12 Midea Group Co. Ltd.
9.12.1 Business Overview
9.12.2 Product and Service Offerings
9.13 Gree Electric Appliances Inc. of Zhuhai
9.13.1 Business Overview
9.13.2 Product and Service Offerings
9.14 Trane Technologies plc
9.14.1 Business Overview
9.14.2 Product and Service Offerings
9.15 Samsung Electronics Co. Ltd.
9.15.1 Business Overview
9.15.2 Product and Service Offerings
9.16 Hitachi Air Conditioning
9.16.1 Business Overview
9.16.2 Product and Service Offerings
Chapter 10. Appendix
10.1 Sources and References
10.2 Related Reports
List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 List of key major projects in Saudi Arabia
TABLE 3 List of key major projects in Egypt
TABLE 4 List of key major projects in South Africa
TABLE 5 List of key major projects in Qatar
TABLE 6 List of key major projects in Oman
TABLE 7 List of key major projects in Kuwait
TABLE 8 List of key major projects in Bahrain
TABLE 9 List of key major projects in U.A.E.
TABLE 10 Drivers for The Market: Impact Analysis
TABLE 11 Restraints for The Market: Impact Analysis
TABLE 12 MEA Variable Refrigerant Flow Systems Market Revenue, BY component $M (2019–2024)
TABLE 13 MEA Variable Refrigerant Flow Systems Market Revenue, BY component $M (2025–2030)
TABLE 14 MEA Variable Refrigerant Flow Systems Market Revenue, BY COMPRESSOR UNIT, $M (2019–2024)
TABLE 15 MEA Variable Refrigerant Flow Systems Market Revenue, BY COMPRESSOR UNIT, $M (2025–2030)
TABLE 16 MEA Variable Refrigerant Flow Systems Market Revenue, BY SYSTEM TYPE, $M (2019–2024)
TABLE 17 MEA Variable Refrigerant Flow Systems Market Revenue, BY SYSTEM TYPE, $M (2025–2030)
TABLE 18 MEA Heat Pump Systems Market Revenue, BY TYPE, $M (2019–2024)
TABLE 19 MEA Heat Pump Systems Market Revenue, BY TYPE, $M (2025–2030)
TABLE 20 MEA Variable Refrigerant Flow Systems Market Revenue, BY APPLICATION, $M (2019–2024)
TABLE 21 MEA Variable Refrigerant Flow Systems Market Revenue, BY APPLICATION, $M (2025–2030)
TABLE 22 MEA Variable Refrigerant Flow Systems Market Revenue, BY COUNTRY, $M (2019–2024)
TABLE 23 MEA Variable Refrigerant Flow Systems Market Revenue, BY COUNTRY, $M (2025–2030)
TABLE 24 Egypt Variable Refrigerant Flow Systems Market Revenue, BY component $M (2019–2024)
TABLE 25 Egypt Variable Refrigerant Flow Systems Market Revenue, BY component $M (2025–2030)
TABLE 26 Egypt Variable Refrigerant Flow Systems Market Revenue, BY COMPRESSOR UNIT, $M (2019–2024)
TABLE 27 Egypt Variable Refrigerant Flow Systems Market Revenue, BY COMPRESSOR UNIT, $M (2025–2030)
TABLE 28 Egypt Variable Refrigerant Flow Systems Market Revenue, BY SYSTEM TYPE, $M (2019–2024)
TABLE 29 Egypt Variable Refrigerant Flow Systems Market Revenue, BY SYSTEM TYPE, $M (2025–2030)
TABLE 30 Egypt Heat Pump Systems Market Revenue, BY TYPE, $M (2019–2024)
TABLE 31 Egypt Heat Pump Systems Market Revenue, BY TYPE, $M (2025–2030)
TABLE 32 Egypt Variable Refrigerant Flow Systems Market Revenue, BY APPLICATION, $M (2019–2024)
TABLE 33 Egypt Variable Refrigerant Flow Systems Market Revenue, BY APPLICATION, $M (2025–2030)
TABLE 35 Product Comparison of Key Players
TABLE 36 Carrier Global Corporation – At a glance
TABLE 37 Carrier Global Corporation (MEA) – Key financial Summary
TABLE 38 Daikin Middle East and Africa FZE – At a glance
TABLE 39 Daikin Industries Ltd. (MEA) – Key financial Summary
TABLE 40 Mitsubishi Electric Corporation – At a glance
TABLE 41 Panasonic Marketing Middle East & Africa FZE – At a glance
TABLE 42 Fujitsu General (Middle East) Fze – At a glance
TABLE 43 FUJITSU GENERAL LIMITED (MEA) – Key financial Summary
TABLE 44 LG Electronics Inc. – At a glance
TABLE 45 LG Electronics Inc. (MEA) – Key financial Summary
TABLE 46 Blue Star International FZCO – At a glance
TABLE 47 Hisense Middle East – At a glance
TABLE 48 Johnson Controls International plc – At a glance
TABLE 49 Petra Engineering Industries Co. – At a glance
TABLE 50 S.K.M Air Conditioning LLC – At a glance
TABLE 51 Midea Group Co. Ltd. – At a glance
TABLE 52 Gree Electric Appliances Inc. of Zhuhai – At a glance
TABLE 53 Trane Technologies plc – At a glance
TABLE 54 Samsung Electronics Co. Ltd. – At a glance
TABLE 55 Hitachi Air Conditioning – At a glance
List of Figures
FIG 1 Market Size Breakdown by Segment
FIG 2 RESEARCH methodology
FIG 3 breakdown of primary research, by industry participant
FIG 4 breakdown of primary research, by Designation
FIG 5 breakdown of primary research, by company type
FIG 6 data triangulation approach
FIG 7 MEA and Egypt Variable Refrigerant Flow Systems Market Summary
FIG 8 GDP Growth in Egypt, 2017–2022 (annual %)
FIG 9 GDP Growth in Bahrain, 2017–2022 (annual %)
FIG 10 GDP Growth in U.A.E., 2017–2022 (annual %)
FIG 11 GDP Growth in Kuwait, 2017–2022 (annual %)
FIG 12 GDP Growth in Qatar, 2017–2022 (annual %)
FIG 13 GDP Growth in Saudi Arabia, 2017–2022 (annual %)
FIG 14 GDP Growth in South Africa, 2017–2022 (annual %)
FIG 15 GDP Growth in Oman, 2017–2022 (annual %)
FIG 16 Industry Growth (including construction), 2017–2022 (annual %)
FIG 17 Industry Growth (including construction), 2017–2022 (% of GDP)
FIG 18 MEA market snapshot
FIG 19 MEA Variable Refrigerant Flow Systems Market Revenue, BY component, $M (2019–2030)
FIG 20 MEA Variable Refrigerant Flow Systems Market Revenue, BY Compressor Unit, $M (2019–2030)
FIG 21 MEA Variable Refrigerant Flow Systems Market Revenue, BY System Type, $M (2019–2030)
FIG 22 MEA Heat pump systems market Revenue, BY Type, $M (2019–2030)
FIG 23 MEA Variable Refrigerant Flow Systems Market Revenue, BY Application, $M (2019–2030)
FIG 24 MEA Variable Refrigerant Flow Systems Market Revenue, BY Country, $M (2019–2030)
FIG 25 Egypt Market Snapshot
FIG 26 Egypt Variable Refrigerant Flow Systems Market Revenue, BY component, $M (2019–2030)
FIG 27 Egypt Variable Refrigerant Flow Systems Market Revenue, BY Compressor Unit, $M (2019–2030)
FIG 28 Egypt Variable Refrigerant Flow Systems Market Revenue, BY System Type, $M (2019–2030)
FIG 29 Egypt Heat pump systems market Revenue, BY Type, $M (2019–2030)
FIG 30 Egypt Variable Refrigerant Flow Systems Market Revenue, BY Application, $M (2019–2030)
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