GCC Air Handling Units Market Outlook (2018 to 2032)
Synopsis
The above chart is GCC Air Handling Units Market Outlook (2018 to 2032)
Market Dynamics
gcc air handling units (ahu) market outlook (2018-2032) provides insights into the current growth dynamics of the respective air handling unit market in the gcc region. ahu is used for air conditioning (hvac) purpose and is defined as an enclosed system for heating, cooling, filtering and distributing of air for improving air quality in the building interior. ahus help to provide the ultimate environment to bring comfort for building occupants.
the gcc ahu market is driven by factors such as increasing disposable income, improved lifestyle, and increasing construction of commercial & residential buildings which have created huge demand for ahus in the region. additionally, investment in growing industries such as tourism, healthcare, and logistics is helping to drive the growth of the ahu market in the gcc region.
the gcc ahu market is expected to witness significant growth due to the implementation of net-zero energy and green building standards by governments in the region. to reduce carbon footprint in the region and to promote sustainability, the governments are creating stringent regulations for the implementation of ahus. this, in turn, is leading to the increasing demand and adoption of ahus in the gcc region.
in terms of technology, the gcc ahu market is segmented into packaged and custom-built ahus. amongst these two, packaged ahus have gained tremendous traction in the region owing to their easy installation feature and faster return on investment (roi). additionally, advancements in technology such as use of microprocessors, variable frequency drives, and interactive control systems help to reduce the consumption of energy and improve the efficiency of the ahus.
on the basis of equipment type, the gcc ahu market is segmented into self-contained, central station, and energy recovery air handling units. the self-contained ahus type is expected to hold a major share in the market, as these ahus are cheaper and easier to install and use.
on the basis of end-users, the gcc ahu market is segmented into residential, commercial, and industrial. the commercial sector is expected to hold the major share in the market, as the demand for air conditioning is rising with the growth of hospitality, healthcare, and other service building construction in the region.
overall, the gcc ahu market is expected to witness a healthy growth and is driven by a number of influencing factors such as increasing air conditioning requirement, initiatives taken by the government to reduce carbon emission, and increasing disposable income of the people in the region.