Middle East & Africa (MEA) District Cooling Market (2019-2025) | Size, Share, Trend, Growth, Revenue, Analysis, Forecast, industry & Outlook

Latest 2023 Development of the Middle East and Africa District Cooling Market

The Middle East and Africa district cooling market is growing as several countries in the Middle East and Africa are expanding their district cooling networks to meet the growing demand for cooling services. For instance, in Saudi Arabia, the Ministry of Energy announced plans to develop 50 new district cooling projects by 2030. Similarly, the UAE is planning to expand its district cooling capacity to 3.5 million refrigeration tons (RT) by 2030. Additionally, many district cooling providers in the region are shifting towards renewable energy sources to power their cooling systems. For example, Emirates Central Cooling Systems Corporation (Empower), one of the leading district cooling companies in the UAE, has installed solar panels on several of its cooling plants to reduce its carbon footprint. Further, the district cooling providers are focusing on energy-efficient technologies to reduce their operating costs and improve the sustainability of their operations. For example, Tabreed, another major district cooling company in the UAE, has launched a new platform that uses artificial intelligence and machine learning to optimize the performance of its cooling systems.

The Middle East and Africa district cooling industry is attracting new players, including international companies that are looking to expand their operations in the region. For instance, ENGIE, a French multinational company that specializes in energy and services, recently acquired Tabreed's stake in Saudi Tabreed, a district cooling provider in Saudi Arabia. District Cooling networks are expanding rapidly across the region, driven by government initiatives and investments in infrastructure development. The UAE, Saudi Arabia, and Qatar are among the countries leading the way in District Cooling expansion, with Dubai's District Cooling network being the largest in the world. Moreover, the Middle East and Africa region is rich in renewable energy sources, such as solar and wind power. As the cost of renewable energy continues to decline, there is a growing trend towards using renewable energy sources to power District Cooling systems. In addition, focus on energy efficiency and sustainability: The Middle East and Africa region is increasingly focused on energy efficiency and sustainability, with many governments implementing policies and regulations to encourage the use of eco-friendly technologies such as District Cooling. Additionally, many companies in the region are adopting green building practices, which include the use of District Cooling systems.

Middle East & Africa District Cooling Market Synopsis

Middle East & Africa district cooling Market report thoroughly covers the market by applications, technology, and countries including Egypt, Turkey, Qatar, Saudi Arabia, UAE, Kuwait, Bahrain, Oman, South Africa, Nigeria, and the Rest of the Middle East & Africa.  Middle East & Africa district cooling market outlook report provides an unbiased and detailed analysis of the Middle East & Africa district cooling market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies accordingly to the future and current market dynamics.

Middle East & Africa District Cooling market is on the rise due to the growing number of large-scale commercial establishments such as “Dubai International Financial Centre”, “Madinat Jumeirah resort” etc. Moreover, strict government regulations regarding the utilization of energy-efficient and sustainable technologies for the air conditioning system have led to the growth of the district cooling market. For instance, as per the regulations of the “District Cooling Design and Water Management Code”, it was mandated to use recycled water in the district cooling systems to boost overall efficiency.

According to 6Wresearch, Middle East & Africa (MEA), the District Cooling Market size is expected to witness significant growth during 2019-2025. Qatar, Saudi Arabia, and UAE are the leading revenue-generating countries in the Middle East & Africa district cooling market on account of ongoing economic development and increasing demand for energy-efficient technologies. Saudi Arabia and Qatar have witnessed enormous growth in infrastructural development activities which have fuelled the growth of the district cooling market. The increasing need for economical and reliable cooling solutions is adding to the Middle East & Africa District Cooling Market. Increasing investment in R&D technologies is accelerating the growth of the industry. 

The Middle East & Africa District Cooling Market is projected to witness progressive growth during the forecast period 2020-26F on the back of the growth of residential and industrial sectors. Moreover, on the basis of end-users, the Commercial sector is estimated to witness substantial growth backed by rising investment in infrastructure projects in Dubai such as the JVC district cooling plant and Le Mer district cooling plant which are expected to require chilled water systems to ensure smooth workflow during construction. Further, Changing climatic conditions would be the key component in driving sales of district cooling systems across the middle east region owing to the rising need for ambient temperature in the work premises and efforts to eradicate the unfavourable environment for workers which demands cooler space obtained by using cooling systems and would spur the growth of the Middle East & Africa district cooling market.

Market Analysis By Application

Based on applications, the commercial sector is expected to hold a prominent share over the forecast period due to the growing installations in business parks, data centres, etc. Rising environmental concerns have made energy-efficient district cooling systems a favourable solution for cooling in commercial spaces.

Key Players in The Market

Some of the key players in the Middle East & Africa District Cooling Market are:

• Emirates Central Cooling System Corporation (Empower)
• Stellar Energy
• Shinryo Corporation
• National Central Cooling Company PJSC (Tabreed)
• Emicool
• SNC Lavalin
• ARANER
• Pal Cooling Holding
• Veolia 

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Middle East & Africa District Cooling Market Overview
• Middle East & Africa District Cooling Market Outlook
• Middle East & Africa District Cooling Market Forecast
• Historical Data of Middle East & Africa District Cooling Revenues for the Period 2015-2018
• The Middle East & Africa District Cooling Market Size and the Middle East & Africa District Cooling Market Forecast of Revenues, Until 2025
• Historical Data of the Middle East & Africa District Cooling Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa District Cooling Market Revenues, By Applications, until 2025
• Historical Data of the Middle East & Africa District Cooling Market Revenues, By Technology, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa District Cooling Market Revenues, By Technology, for the period 2015-2018
• Historical Data of Egypt District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Egypt District Cooling Market Revenues, until 2025
• Historical Data of Turkey District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Turkey District Cooling Market Revenues, until 2025
• Historical Data of Qatar District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Qatar District Cooling Market Revenues, until 2025
• Historical Data of Oman District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Oman District Cooling Market Revenues, until 2025
• Historical Data of Saudi Arabia District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia District Cooling Market Revenues, until 2025
• Historical Data of UAE District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of UAE District Cooling Market Revenues, until 2025
• Historical Data of Kuwait District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Kuwait District Cooling Market Revenues, until 2025
• Historical Data of Bahrain District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Bahrain District Cooling Market Revenues, until 2025
• Historical Data of South Africa District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of South Africa District Cooling Market Revenues, until 2025
• Historical Data of Nigeria District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Nigeria District Cooling Market Revenues, until 2025
• Historical Data of Rest of the Middle East & Africa District Cooling Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of Middle East & Africa District Cooling Market Revenues, until 2025
• Market Drivers and Restraints
• The Middle East & Africa District Cooling Market Trends and Industry Life Cycle
• Middle East & Africa District Cooling Market Share, By Regions
• Middle East & Africa District Cooling Market Share, By Players
• Middle East & Africa District Cooling Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Middle East & Africa District Cooling Market report provides a detailed analysis of the following market segments:

By Applications:

• Residential
• Commercial
• Industrial

By Technology:

• Electric Chillers
• Absorption Chillers
• Free cooling
• Others

By Countries:

• Egypt
• Turkey
• Qatar
• Oman
• Saudi Arabia
• UAE
• Kuwait
• Bahrain
• South Africa
• Nigeria
• Rest of the Middle East & Africa

Middle East & Africa (MEA) District Cooling Market: FAQs