Middle East & Africa Air Handling Units Market Outlook (2018 to 2032)

Year Value
2018 0.75
2019 0.79
2020 0.83
2021 0.88
2022 0.93
2023 0.98
2024 1.03
2025 1.08
2026 1.14
2027 1.2
2028 1.26
2029 1.32
2030 1.39
2031 1.46
2032 1.53
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Middle East & Africa Air Handling Units Market Outlook (2018 to 2032)

Synopsis
The above chart is Middle East & Africa Air Handling Units Market Outlook (2018 to 2032)

Market Dynamics

the middle east & africa market for air handling units is expected to see a steady growth in the coming years. the growth is attributed to the increasing demand for commercial and industrial applications, increasing trend of energy efficiency, growing government initiatives in the form of incentives and subsidies, and rising awareness of indoor air quality. the region is witnessing increased growth in the construction and the industrial sector, which is boosting the demand for air handling units. increasing public-private investments in energy efficient infrastructure is also likely to drive the demand for air handling units in the region. governments of the countries in middle east & africa such as saudi arabia, uae, and kuwait, are planning to invest in energy efficient projects to meet the growing energy demand. the energy efficiency committee of saudi arabia has been applying stringent measures in order to reduce energy consumption in residential, industrial, and commercial sectors. these measures are expected to fuel the demand for air handling units, in turn, augmenting the middle east and africa air handling units market. environmental considerations in the form of government-led initiatives and regulations are also boosting the demand for air handling units. a growing number of governments in the middle east and africa are making efforts to reduce carbon emission levels, leading to an increased demand for air handling units in the commercial and industrial sector. the cost of installation of air handling units is also likely to decrease in the coming years, further impacting the market positively. nevertheless, the air handling units market in the middle east and africa is expected to be challenged due to the idea of buying air conditioning systems with low energy consumption capabilities without understanding the performance of the air handling units. robust competition from the efficient air handling systems is expected to present a challenge to the market in the coming years. overall, the middle east and africa air handling units market is expected to witness solid growth in the forecast period. with the increasing adoption of energy efficient and environmental friendly technologies, it is expected that the demand for air handling units will continue to rise.

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