The Middle East & Africa condensing unit expected to propel due to the high durability and long life of advanced condensing units and increasing demand for the refrigerator in end-use industries, such as retail stores, food production, and food services
The Middle East & Africa condensing unit market estimated to grow at a significant CAGR during 2020-2027. It is primarily attributed to the advantages of condensing units such as improved durability and shelf life quality. Additionally, the surge in demand for the refrigerator in Warehousing, food processing, and foodservice industries are projected to demand condensing units in the future periods. Expanding commercial buildings and urban areas, including hospitals, residential complexes, offices, and educational institutes, will positively impact the condensing unit market. Also, the growth in the global non-residential construction and government policies and legislation for the use of energy-efficient devices positively impact the growth of the Middle East & Africa condensing unit market size.
Moreover, the increasing population in MEA, coupled with growing disposable income across the MEA, will accelerate the Middle East & Africa condensing unit industry in the analysis periods. Furthermore, various industries, such as food processing, warehouses, and industrial chemical plants, require an advanced refrigeration process. These factors spur the demand for condensing units in the future periods across the MEA. Also, the increasing global trade of frozen food items, owing to changing food habits, has accelerated the demand for the refrigerator in the commercial industry, thereby condensing units' market will trigger the projected period.
Type Overview in the Middle East & Africa Condensing Unit Market
Based on type, the Middle East & Africa condensing unit market classified into the water-cooled condensing unit, air-cooled condensing unit, and the evaporative condensing unit. The evaporative condensing unit will be the fastest-growing segment in the forecast period. It is attributable to their extended durability and shelf life, and improved performance of refrigeration and air-conditioning systems.
Application Overview in the Middle East & Africa Condensing Unit market
Based on application, the Middle East & Africa condensing unit market classified into Industrial, Commercial, and Transportation. The commercial segment held for the highest revenue in 2019 due to the growing demand for a refrigerator from end-industries such as hospitality, food service, and healthcare.
Function Overview in the Middle East & Africa Condensing Unit Market
Based on function, the Middle East & Africa condensing unit market segmented into air conditioning, refrigeration, and heat pumps. The air conditioning segment accounted for a larger market share in 2019 and projected to lead the market by 2027. It is due to the rise in demand for condensing units in the household sector to the commercial industry for its lower part of condensing temperature leads to the reduction of compressor workload, and this helps to attain fuel efficiency.
Refrigerant Type Overview in the Middle East & Africa Condensing Unit Market
Based on the refrigerant type, the Middle East & Africa condensing unit market categorized into fluorocarbons, hydrocarbons, and inorganics. The fluorocarbons segment generated the most substantial revenue in 2019, on account of their usages in larger supermarkets, convenience stores, mini-supermarkets, and other similar retail premises.
Sales Channel Overview in the Middle East & Africa Condensing Unit Market
Based on the sales channel, the Middle East & Africa condensing unit market segmented into Supermarket & Hypermarket and Online. The Supermarket & Hypermarket segment estimated to dominate the condensing unit market by 2027. It is due to the supermarket to utilize the applications of cabinet coolers and display cases, to attract more customers and increase profitability.
Regional Overview in the Middle East & Africa Condensing Unit Market
Based on the region, the Middle East & Africa condensing unit market segmented into UAE, Saudi Arabia, Israel, South Africa, Turkey, and the Rest of the Middle East & Africa. Saudi Arabia accounted for maximum revenue share in 2019, owing to improving economic conditions, growing gross disposable income levels, expansion of the middle-class economy, and better income thresholds.
Middle East & Africa Condensing Unit Market: Competitive Landscape
Companies such as Emerson Electric Co., Carrier Global Corporation, Danfoss, GEA Group Aktiengesellschaft, Heatcraft Refrigeration Products LLC, Voltas Limited, BITZER SE, ADVANSOR A/S, Lennox, Gami, Trosten Industries Company, Fujitsu General, Taqeef, Finpower Aircon LLC, Zamil Air Conditioners, FAWAZ Trading & Engineering Services Co., Daikin, Bluestar, Airdale and Baltimore Aircoil Company are the key players in the Middle East & Africa condensing unit market.
Middle East & Africa Condensing Unit Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter's Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Middle East & Africa Condensing Unit Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (Thousands Unit)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type
5.2.1.1. Air-cooled Condensing Unit
5.2.1.2. Water-cooled Condensing Unit
5.2.1.3. Evaporative Condensing Unit
5.2.2. By Compressor Type
5.2.2.1. Reciprocating Compressors
5.2.2.2. Screw Compressors
5.2.2.3. Rotary Compressors
5.2.3. By Application
5.2.3.1. Industrial
5.2.3.2. Commercial
5.2.3.3. Transportation
5.2.4. By Function
5.2.4.1. Air Conditioning
5.2.4.2. Refrigeration
5.2.4.3. Heat Pumps
5.2.5. By Refrigerant Type
5.2.5.1. Fluorocarbons
5.2.5.2. Hydrocarbons
5.2.5.3. Inorganics
5.2.6. By Sales Channel
5.2.6.1. Supermarket & Hypermarket
5.2.6.2. Online
5.2.7. By Region
5.2.7.1. UAE
5.2.7.2. Saudi Arabia
5.2.7.3. South Africa
5.2.7.4. Turkey
5.2.7.5. Israel
5.2.7.6. Rest of Middle East & Africa
6. UAE Condensing Unit Market Overview
6.1. UAE Condensing Unit Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Thousands Unit)
6.2. UAE Condensing Unit Market Share & Forecast, 2016-2027
6.2.1. By Type
6.2.1.1. Air-cooled Condensing Unit
6.2.1.2. Water-cooled Condensing Unit
6.2.1.3. Evaporative Condensing Unit
6.2.2. By Compressor Type
6.2.2.1. Reciprocating Compressors
6.2.2.2. Screw Compressors
6.2.2.3. Rotary Compressors
6.2.2.4. Others
6.2.3. By Application
6.2.3.1. Industrial
6.2.3.2. Commercial
6.2.3.3. Transportation
6.2.4. By Function
6.2.4.1. Air Conditioning
6.2.4.2. Refrigeration
6.2.4.3. Heat Pumps
6.2.5. By Refrigerant Type
6.2.5.1. Fluorocarbons
6.2.5.2. Hydrocarbons
6.2.5.3. Inorganics
6.2.6. By Sales Channel
6.2.6.1. Supermarket & Hypermarket
6.2.6.2. Online
6.2.7. Price-Point Analysis
6.2.8. Manufacturer & Distributor List (Top 5)
6.2.9. Economic Impact Study on UAE Condensing Unit Market
7. Saudi Arabia Condensing Unit Market Overview
7.1. Saudi Arabia Condensing Unit Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Thousands Unit)
7.2. Saudi Arabia Condensing Unit Market Share & Forecast, 2016-2027
7.2.1. By Type
7.2.1.1. Air-cooled Condensing Unit
7.2.1.2. Water-cooled Condensing Unit
7.2.1.3. Evaporative Condensing Unit
7.2.2. By Compressor Type
7.2.2.1. Reciprocating Compressors
7.2.2.2. Screw Compressors
7.2.2.3. Rotary Compressors
7.2.2.4. Others
7.2.3. By Application
7.2.3.1. Industrial
7.2.3.2. Commercial
7.2.3.3. Transportation
7.2.4. By Function
7.2.4.1. Air Conditioning
7.2.4.2. Refrigeration
7.2.4.3. Heat Pumps
7.2.5. By Refrigerant Type
7.2.5.1. Fluorocarbons
7.2.5.2. Hydrocarbons
7.2.5.3. Inorganics
7.2.6. By Sales Channel
7.2.6.1. Supermarket & Hypermarket
7.2.6.2. Online
7.2.7. Price-Point Analysis
7.2.8. Manufacturer & Distributor List (Top 5)
7.2.9. Economic Impact Study on Saudi Arabia Condensing Unit Market
8. South Africa Condensing Unit Market Overview
8.1. South Africa Condensing Unit Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Thousands Unit)
8.2. South Africa Condensing Unit Market Share & Forecast, 2016-2027
8.2.1. By Type
8.2.1.1. Air-cooled Condensing Unit
8.2.1.2. Water-cooled Condensing Unit
8.2.1.3. Evaporative Condensing Unit
8.2.2. By Compressor Type
8.2.2.1. Reciprocating Compressors
8.2.2.2. Screw Compressors
8.2.2.3. Rotary Compressors
8.2.2.4. Others
8.2.3. By Application
8.2.3.1. Industrial
8.2.3.2. Commercial
8.2.3.3. Transportation
8.2.4. By Function
8.2.4.1. Air Conditioning
8.2.4.2. Refrigeration
8.2.4.3. Heat Pumps
8.2.5. By Refrigerant Type
8.2.5.1. Fluorocarbons
8.2.5.2. Hydrocarbons
8.2.5.3. Inorganics
8.2.6. By Sales Channel
8.2.6.1. Supermarket & Hypermarket
8.2.6.2. Online
8.2.7. Price-Point Analysis
8.2.8. Manufacturer & Distributor List (Top 5)
8.2.9. Economic Impact Study on South Africa Condensing Unit Market
9. Turkey Condensing Unit Market Overview
9.1. Turkey Condensing Unit Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Thousands Unit)
9.2. Turkey Condensing Unit Market Share & Forecast, 2016-2027
9.2.1. By Type
9.2.1.1. Air-cooled Condensing Unit
9.2.1.2. Water-cooled Condensing Unit
9.2.1.3. Evaporative Condensing Unit
9.2.2. By Compressor Type
9.2.2.1. Reciprocating Compressors
9.2.2.2. Screw Compressors
9.2.2.3. Rotary Compressors
9.2.2.4. Others
9.2.3. By Application
9.2.3.1. Industrial
9.2.3.2. Commercial
9.2.3.3. Transportation
9.2.4. By Function
9.2.4.1. Air Conditioning
9.2.4.2. Refrigeration
9.2.4.3. Heat Pumps
9.2.5. By Refrigerant Type
9.2.5.1. Fluorocarbons
9.2.5.2. Hydrocarbons
9.2.5.3. Inorganics
9.2.6. By Sales Channel
9.2.6.1. Supermarket & Hypermarket
9.2.6.2. Online
9.2.7. Price-Point Analysis
9.2.8. Manufacturer & Distributor List (Top 5)
9.2.9. Economic Impact Study on Turkey Condensing Unit Market
10. Israel Condensing Unit Market Overview
10.1. Israel Condensing Unit Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Thousands Unit)
10.2. Israel Condensing Unit Market Share & Forecast, 2016-2027
10.2.1. By Type
10.2.1.1. Air-cooled Condensing Unit
10.2.1.2. Water-cooled Condensing Unit
10.2.1.3. Evaporative Condensing Unit
10.2.2. By Compressor Type
10.2.2.1. Reciprocating Compressors
10.2.2.2. Screw Compressors
10.2.2.3. Rotary Compressors
10.2.2.4. Others
10.2.3. By Application
10.2.3.1. Industrial
10.2.3.2. Commercial
10.2.3.3. Transportation
10.2.4. By Function
10.2.4.1. Air Conditioning
10.2.4.2. Refrigeration
10.2.4.3. Heat Pumps
10.2.5. By Refrigerant Type
10.2.5.1. Fluorocarbons
10.2.5.2. Hydrocarbons
10.2.5.3. Inorganics
10.2.6. By Sales Channel
10.2.6.1. Supermarket & Hypermarket
10.2.6.2. Online
10.2.7. Price-Point Analysis
10.2.8. Manufacturer & Distributor List (Top 5)
10.2.9. Economic Impact Study on Israel Condensing Unit Market
11. Rest of Middle East & Africa Condensing Unit Market Overview
11.1. Rest of Middle East & Africa Condensing Unit Market Size & Forecast, 2016-2027
11.1.1. Demand
11.1.1.1. By Value (USD Million)
11.1.2. Consumption
11.1.2.1. By Volume (Thousands Unit)
11.2. Rest of Middle East & Africa Condensing Unit Market Share & Forecast, 2016-2027
11.2.1. By Type
11.2.1.1. Air-cooled Condensing Unit
11.2.1.2. Water-cooled Condensing Unit
11.2.1.3. Evaporative Condensing Unit
11.2.2. By Compressor Type
11.2.2.1. Reciprocating Compressors
11.2.2.2. Screw Compressors
11.2.2.3. Rotary Compressors
11.2.2.4. Others
11.2.3. By Application
11.2.3.1. Industrial
11.2.3.2. Commercial
11.2.3.3. Transportation
11.2.4. By Function
11.2.4.1. Air Conditioning
11.2.4.2. Refrigeration
11.2.4.3. Heat Pumps
11.2.5. By Refrigerant Type
11.2.5.1. Fluorocarbons
11.2.5.2. Hydrocarbons
11.2.5.3. Inorganics
11.2.6. By Sales Channel
11.2.6.1. Supermarket & Hypermarket
11.2.6.2. Online
11.2.7. Price-Point Analysis
11.2.8. Manufacturer & Distributor List (Top 5)
11.2.9. Economic Impact Study on Rest of Middle East & Africa Condensing Unit Market
12. Competitor Analysis
12.1. Company Description
12.2. Financial Analysis
12.3. Key Products
12.4. Key Management Personnel
12.5. Contact Address
12.6. SWOT Analysis
12.7. Company Profile
12.7.1. Emerson Electric Co.
12.7.2. Carrier Global Corporation
12.7.3. Danfoss
12.7.4. Lennox,
12.7.5. Gami
12.7.6. Trosten Industries Company
12.7.7. Fujitsu General
12.7.8. Taqeef
12.7.9. Finpower Aircon LLC
12.7.10. Zamil Air Conditioners
12.7.11. FAWAZ Trading & Engineering Services Co.
12.7.12. Daikin
12.7.13. Bluestar
12.7.14. Airdale
12.7.15. Baltimore Aircoil Company
12.7.16. GEA Group Aktiengesellschaft
12.7.17. Heatcraft Refrigeration Products LLC
12.7.18. Voltas Limited
12.7.19. BITZER SE
12.7.20. ADVANSOR A/S,
12.7.21. Other Prominent Players
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