MarkNtel Advisors, a leading market research firm, has showed its latest study titled “GCC HVAC Rental Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the GCC HVAC Rental Market: 2023-2028
The GCC HVAC Rental market size is valued at around USD 192 million in 2024 and is projected to grow at a CAGR of around 3.48% during the forecast period, i.e., 2023-28.
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GCC HVAC Rental Market Key Driver:
Rising Infrastructure Development Projects to Support the Market – The GCC region witnessed considerable growth in construction activity owing to the development of transportation, commercial & residential spaces, etc. The major economies of the region, such as the UAE, Saudi Arabia, Kuwait, etc., are more focused on constructing commercial buildings like airports, metro malls, and others. Therefore, the rise in construction activity is driving the market for rental HVAC across the region. Furthermore, the accelerating tourism in the countries such as the UAE, Egypt, Saudi Arabia, etc., has led to the construction of commercial buildings such as lavish hotels, retail malls, resorts, and various others.
Besides, the governments of the countries like the UAE, Saudi Arabia, and Oman, among others, have been extensively involved in boosting tourism by establishing recreational hubs, luxurious malls, etc., and also by preserving & maintaining historical monuments as well as cultural heritage sites. Therefore, the growing construction of commercial buildings in the GCC region will boost HVAC rental demand during the forecast period.
GCC HVAC Rental Market Segmentation:
The GCC HVAC Rental Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type
-Room Air Conditioners
-Split & Window Units
-Cassette
-Packaged
-Others (Floor Standing, etc.)
-Centralised Air Conditioners
-Chillers
-VRFs
-Others (AHU & FCU)
-Others (Heating Equipment, etc.)
By Application
-Construction
-Events
-Breakdown of Equipment
By Duration
-Short Term (>15 days)
-Long Term (15 days or more).
Geographical Analysis into the GCC HVAC Rental Market:
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/gcc-hvac-rental-market.html
Competitive Landscape and GCC HVAC Rental Market Share Analysis:
The competitive landscape of the GCC HVAC Rental Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Johnson Controls (York), Aggreko, Ingersoll Rand (Trane), Byrne Equipment Rental, Andrews Sykes Climate Rental, Rental Solutions & Services, Foster International, GAMI, GEO Rental Solutions, Energia, Prime Chiller Cooling Systems PLC, Others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the GCC HVAC Rental Market growth?
- How is the GCC HVAC Rental Market expected to grow over the next five years?
- What are the key insights into the current trends in the GCC HVAC Rental Market?
- What is the current size of the GCC HVAC Rental Market, and how is it projected to change in the future?
- What is the future outlook for the GCC HVAC Rental Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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