GCC HVAC Market

GCC HVAC Market

GCC HVAC Report Description

The Gulf Corporation Council (GCC) Heating, Ventilation, and Air Conditioning (HVAC) market is well-poised for growth due to the construction boom across GCC countries. The report analyses factors, such as emphasis of governments to diversify from being an oil dependent economy and rising budget allocations for construction and real-estate projects, that act as primary growth drivers. Moreover, Foreign Direct Investment (FDI) inflows into the region, and the need for sustainable and energy efficient systems further act as tailwinds for the GCC HVAC market.

Along with insights on the GCC HVAC market potential, the report provides an overview of the economic landscape across GCC countries and assesses the impact macro-economic factors such as interest rates, inflation, and monetary policies can have on the overall market sentiment. The report also delves into the HVAC value chain and provides an understanding of market characteristics leveraging PESTLE (Political, Economic, Social, Technology, Legal, and Environmental) analysis and Porter’s 5 forces.

The strategic development section of the report highlights companies involved in contract wins, new product launches and expansion strategies. The 90-page report concludes with the competitive landscape section which provides an overview of the companies covered and their product offerings. The total revenue of companies, its split by product/segment, their distribution/dealer network, and brands they represent have also been provided, where available.

Competitive Landscape (Companies Covered)

• LG Electronics
• Johnson Controls
• Zamil Air Conditioners
• SKM Air Conditioning
• Rheem
• Nehmeh Agencies & Trading
• Arabian Air Conditioning Manufacturing Company (AMCO)
• Awal Gulf Manufacturing Co.
• Leminar Global
• DAIKIN INDUSTRIES, LTD.
• DASCO