Middle East District Cooling Market Key Driving Factors and Challenges, Opportunities and Forecast Insights

Middle East District Cooling Market Key Driving Factors and Challenges, Opportunities and Forecast Insights

The Middle East district cooling market is projected to register exponential growth by 2028 due to the region's extreme climatic conditions. In addition, increasing efforts by the regional governments to replace residential air conditioners with energy-efficient district cooling systems are likely to further boost market development over the assessment period.
 

Implementation of environmentally friendly district cooling systems worldwide has been recognized as one of the most effective weapons to combat climate change. Moreover, stringent emission regulations and energy efficiency mandates have fueled recent advancements in clean technologies, including district cooling systems.
 

Furthermore, to accommodate the escalating demand for sustainable cooling units, industry participants have been engaging in lucrative strategies which have positively impacted the overall business landscape of the Middle East district cooling market. For instance, in November 2021, Emirates Central Cooling Systems Corporation (Empower), a U.A.E.-based provider of district cooling services, announced the acquisition of district cooling systems of Dubai International Airport, which have a capacity of 110,000 refrigeration tons (RT). Through this acquisition, both firms intended to form a strategic partnership to accelerate the region's goal for sustainable growth.


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Similarly, in August 2021, National Central Cooling Company PJSC (Tabreed), a key supplier of energy-efficient and high-quality district cooling solutions, acquired an additional 50% stake in the district cooling scheme at Abu Dhabi's Al Maryah Island. The move enabled Tabreed to extend its district cooling services to the region's most notable developments, strengthening its market presence.
 

In another instance, in March 2021, Stellar Energy, a leading customs energy systems provider, launched its novel line of business under the name Stellar Energy Manufacturing, which is focused on modular manufacturing and off-site construction for industrial markets. With the expansion, Stellar Energy purposed to attain a unique position in the market and leverage its expertise for developing highly engineered products that address consumer needs.
 

The Middle East district cooling market has been segregated on the basis of application, production technique, and country. In terms of country, the Middle East district cooling industry spans the geographies of Bahrain, Saudi Arabia, Kuwait, UAE, Qatar, and Oman.


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The Qatar district cooling market is poised to gain significant traction through the analysis period owing to ongoing technological advancements in district cooling technologies in the country. Kuwait is expected to account for a sizable share in the Middle East district cooling market by 2028. High COP and low carbon emissions are set to bolster product adoption in Kuwait over the forthcoming years. Meanwhile, the Bahrain district cooling market is speculated to reach a notable valuation by the end of 2028, progressing at a considerable CAGR over the forecast timeline.
 

Table Of Content
 

Chapter 1   Methodology & Scope

1.1    Methodology

1.2    Market definitions

1.3    Market estimates and forecast parameters

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid sources

1.4.2.2    Public Sources
 

Chapter 2   Executive Summary

2.1    Middle East district cooling industry 3600 synopsis, 2018 – 2028

2.1.1    Business trends

2.1.2    Production technique trends

2.1.3    Application trends

2.1.4    Country trends
 

Chapter 3   Middle East District Cooling Industry Insights

3.1    Industry ecosystem analysis

3.1.1    Vendor Matrix

3.2    Innovation & sustainability landscape

3.3    Regulatory landscape

3.3.1    United Arab Emirates (UAE)

3.3.1.1    Abu Dhabi

3.3.1.2    District Cooling Applicability Regulation

3.3.1.2.1    DC Applicability

3.3.1.2.2    DC Applicability

3.3.1.3    Dubai

3.3.1.3.1    Green Building Regulations & Specifications

3.3.1.3.2    Section 1: Administration

3.3.1.3.3    Re-Commissioning of Building Services – Existing Buildings

3.3.2    Oman

3.3.3    Qatar

3.3.3.1    District Cooling Design and Water Management Code 2016

3.3.4    Saudi Arabia

3.4    COVID– 19 impact on the industry outlook

3.4.1    Top 10 Middle East countries impacted by COVID- 19

3.5    Price trend analysis

3.5.1    Levelized costs of district cooling

3.5.2    Network costs for district cooling

3.5.3    Comparative costs of district cooling sources

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Rising infrastructural spending

3.6.1.2    Extreme climatic conditions

3.6.1.3    Growing focus toward adoption of sustainable technologies

3.6.2    Industry pitfalls & challenges

3.6.2.1    Labor shortages

3.6.2.2    Uncertain construction cost, financing and non-guaranteed cash flows

3.7    Growth potential analysis

3.8    Porter’s Analysis

3.8.1    Bargaining power of suppliers

3.8.2    Bargaining power of buyers

3.8.3    Threat of new entrants

3.8.4    Threat of substitutes

3.9    Competitive landscape, 2021

3.9.1    Strategy dashboard

3.9.1.1    National Central Cooling Company PJSC (Tabreed)

3.9.1.1.1    Agreement and Partnerships

3.9.1.1.2    Mergers & acquisitions

3.9.1.2    Emirates Central Cooling System Corporation (Empower)

3.9.1.2.1    Agreement and Partnerships

3.9.1.2.2    Project Commissioned

3.9.1.2.3    Upgrading Program

3.9.1.2.4    Construction

3.9.1.2.5    Project detail

3.9.1.2.6    Current Project details

3.9.1.2.7    Upcoming Project details

3.9.1.3    Emicool

3.9.1.3.1    Project Commissioned

3.9.1.3.2    Agreements and Partnerships

3.9.1.4    DC Pro Engineering

3.9.1.4.1    Project Commissioned

3.9.1.5    ADC Energy Systems

3.9.1.5.1    Agreements and Partnerships

3.9.1.5.2    Project Commissioned

3.9.1.5.3    Project Details

3.9.1.6    Qatar District Cooling Company

3.9.1.6.1    Contracts

3.9.1.7    SNC Lavalin

3.9.1.7.1    Contractual Awards

3.9.1.8    ARANER

3.9.1.8.1    Development

3.10    PESTLE Analysis