Middle East & Africa HVAC Controls Market Forecast to 2030 – Regional Analysis – by Component (Hardware and Software & Services), Installation Type (New Installation and Retrofit), System (Temperature Control System, Humidity Control System, Ventilation Control System, and Integrated Control System), and End User (Residential, Commercial, and Industrial)
The Middle East & Africa HVAC controls market is expected to grow from US$ 548.19 million in 2022 to US$ 1,979.19 million by 2030. It is estimated to grow at a CAGR of 17.4% from 2022 to 2030.
Advancement in Green Technology Drive Middle East & Africa HVAC Controls Market
The Middle East & Africa HVAC controls market is undergoing a transformative shift driven by the integration of green technologies. With the rise of geothermal systems and smart thermostats, a shift is seen in the market. A sustainable approach to real estate development is becoming imperative, prompting HVAC professionals and property owners to prioritize environmentally friendly solutions. Energy efficiency has emerged as a paramount concern for both HVAC experts and consumers. This has sparked a growing interest in energy-efficient systems that promise substantial future cost savings. The trajectory of the HVAC industry is set to be shaped by the expansion of systems utilizing alternative heating fuels like electricity and hydrogen. This shift is fueled by heightened consumer awareness of environmental issues and the demand for eco-friendly products. Prominent manufacturers, including Daikin and Carrier, are actively pursuing cleaner solutions to cater to environmentally conscious consumers. Carrier's Hybrid Heat System, for instance, seamlessly integrates advanced control technology with versatile heat sources, allowing the system to dynamically switch between energy sources based on external weather conditions.
As green technologies continue to shape the industry, demand for HVAC controls is anticipated to surge in the forthcoming years, driven by the imperative of energy efficiency and sustainable practices.
Middle East & Africa HVAC Controls Market Overview
The Middle East & Africa HVAC controls market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The growing construction sector in the region is anticipated to support market growth. According to the Ministry of Development Planning and Statistics in Qatar, there are currently 106 hotels in the country—with four, five, and seven-star ratings. Furthermore, 13,733 guestrooms are currently under development and are expected to be operational by 2025. In addition, eight football stadiums are now under development; they are expected to be finished between 2021 and 2022. This will increase the need for HVAC systems in Qatar. Variable refrigerant flow (VRF) systems are becoming increasingly popular in high-rise buildings due to their flexibility and lower utility costs in the Middle East & Africa. An inefficiently built HVAC system can produce poor air quality and uneven airflow when there are several tenants, leading to significant maintenance costs. VRF systems provide wholesome air, individualized control, and installation flexibility and abolish water piping requirements. A single outside unit is deployed with numerous indoor units to provide an effective ductless multi-split system, which also offers a solution to the challenging installation of ducted split systems in high-rise structures. The adoption of energy-efficient HVAC systems is a prominent trend in the Middle East & Africa. For instance, HVAC market players introduced energy-efficient systems that use less energy to help the UAE government reach Vision 2021. The adoption of such energy-efficient devices is essential to reduce CO2 emissions and the effects of global warming. The organizations responsible for sustainable development policies include the Gulf Cooperation Council (GCC) and the African Union.
Middle East & Africa HVAC Controls Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa HVAC Controls Market Segmentation
The Middle East & Africa HVAC controls market is segmented into component, installation type, system, end user, and country.
Based on component, the Middle East & Africa HVAC controls market is bifurcated into hardware and software & services. In 2022, the hardware segment registered a larger share in the Middle East & Africa HVAC controls market. The hardware segment is further segmented into sensor, controllers, smart vents, and others.
Based on installation type, the Middle East & Africa HVAC controls market is bifurcated into new installation and retrofit. In 2022, the retrofit segment registered a larger share in the Middle East & Africa HVAC controls market.
Based on system, the Middle East & Africa HVAC controls market is segmented into temperature control system, humidity control system, ventilation control system, and integrated control system. In 2022, the temperature control system segment registered the largest share in the Middle East & Africa HVAC controls market.
Based on end user industry, the Middle East & Africa HVAC controls market is segmented into residential, commercial, and industrial. In 2022, the commercial segment registered the largest share in the Middle East & Africa HVAC controls market.
Based on country, the Middle East & Africa HVAC controls market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. In 2022, Saudi Arabia segment registered the largest share in the Middle East & Africa HVAC controls market.
Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc. are some of the leading companies operating in the Middle East & Africa HVAC controls market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa HVAC Controls Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in The Value Chain
5. Middle East & Africa HVAC Controls Market - Key Industry Dynamics
5.1 Middle East & Africa HVAC Controls Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growth in Construction Sector
5.2.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.3 Market Restraints
5.3.1 High Cost and Technical complexities
5.4 Market Opportunities
5.4.1 Rising Adoption of Cloud Computing in HVAC
5.4.2 Development of Smart Cities
5.5 Future Trends
5.5.1 Advancement in Green Technology
5.6 Impact of Drivers and Restraints:
6. HVAC Controls Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa HVAC Controls Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa HVAC Controls Market Forecast and Analysis
7. Middle East & Africa HVAC Controls Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.1.3 Sensor
7.1.3.1 Overview
7.1.3.2 Sensor Market, Revenue and Forecast to 2030 (US$ Million)
7.1.4 Controllers
7.1.4.1 Overview
7.1.4.2 Controllers Market, Revenue and Forecast to 2030 (US$ Million)
7.1.5 Smart Vents
7.1.5.1 Overview
7.1.5.2 Smart Vents Market, Revenue and Forecast to 2030 (US$ Million)
7.1.6 Others
7.1.6.1 Overview
7.1.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software & Services
7.2.1 Overview
7.2.2 Software & Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa HVAC Controls Market Analysis - Installation Type
8.1 Retrofit
8.1.1 Overview
8.1.2 Retrofit Market Revenue, and Forecast to 2030 (US$ Million)
8.2 New Installation
8.2.1 Overview
8.2.2 New Installation Market Revenue, and Forecast to 2030 (US$ Million)
9. Middle East & Africa HVAC Controls Market Analysis - System
9.1 Temperature Control System
9.1.1 Overview
9.1.2 Temperature Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Integrated Control System
9.2.1 Overview
9.2.2 Integrated Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Ventilation Control System
9.3.1 Overview
9.3.2 Ventilation Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Humidity Control System
9.4.1 Overview
9.4.2 Humidity Control System Market Revenue, and Forecast to 2030 (US$ Million)
10. Middle East & Africa HVAC Controls Market Analysis – End User
10.1 Commercial
10.1.1 Overview
10.1.2 Commercial Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Industrial
10.2.1 Overview
10.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Residential
10.3.1 Overview
10.3.2 Residential Market Revenue, and Forecast to 2030 (US$ Million)
11. Middle East & Africa HVAC Controls Market - Country Analysis
11.1 Overview
11.1.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.1.1.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis - By Country
11.1.1.2 Saudi Arabia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 Saudi Arabia HVAC Controls Market Breakdown by Component
11.1.1.2.1.1 Saudi Arabia HVAC Controls Market Breakdown by Hardware
11.1.1.2.2 Saudi Arabia HVAC Controls Market Breakdown by Installation Type
11.1.1.2.3 Saudi Arabia HVAC Controls Market Breakdown by System
11.1.1.2.4 Saudi Arabia HVAC Controls Market Breakdown by End User
11.1.1.3 UAE HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 UAE HVAC Controls Market Breakdown by Component
11.1.1.3.1.1 UAE HVAC Controls Market Breakdown by Hardware
11.1.1.3.2 UAE HVAC Controls Market Breakdown by Installation Type
11.1.1.3.3 UAE HVAC Controls Market Breakdown by System
11.1.1.3.4 UAE HVAC Controls Market Breakdown by End User
11.1.1.4 South Africa HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 South Africa HVAC Controls Market Breakdown by Component
11.1.1.4.1.1 South Africa HVAC Controls Market Breakdown by Hardware
11.1.1.4.2 South Africa HVAC Controls Market Breakdown by Installation Type
11.1.1.4.3 South Africa HVAC Controls Market Breakdown by System
11.1.1.4.4 South Africa HVAC Controls Market Breakdown by End User
11.1.1.5 Rest of MEA HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.5.1 Rest of MEA HVAC Controls Market Breakdown by Component
11.1.1.5.1.1 Rest of MEA HVAC Controls Market Breakdown by Hardware
11.1.1.5.2 Rest of MEA HVAC Controls Market Breakdown by Installation Type
11.1.1.5.3 Rest of MEA HVAC Controls Market Breakdown by System
11.1.1.5.4 Rest of MEA HVAC Controls Market Breakdown by End User
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiatives
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Carrier Global Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 DAIKIN INDUSTRIES, Ltd.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Emerson Electric Co.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Honeywell International Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Johnson Controls, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Schneider Electric SE
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Siemens AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Lennox International Inc.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About the Insight Partners
15.2 Word Index
List of Tables
Table 1. Middle East & Africa HVAC Controls Market Segmentation
Table 2. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 4. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Installation Type
Table 5. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – System
Table 6. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 7. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 8. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 9. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 10. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 11. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 12. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 16. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 17. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 18. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 19. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 20. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 21. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 22. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 23. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 24. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 25. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 26. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 27. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 28. Heat Map Analysis by Key Players
Table 29. List of Abbreviation
List of Figures
Figure 1. Middle East & Africa HVAC Controls Market Segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa HVAC Controls Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa HVAC Controls Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa HVAC Controls Market Share (%) – Component, 2022 and 2030
Figure 6. Hardware Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Sensor Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Controllers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Smart Vents Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Software & Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Middle East & Africa HVAC Controls Market Share (%) – Installation Type, 2022 and 2030
Figure 13. Retrofit Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. New Installation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Middle East & Africa HVAC Controls Market Share (%) – System, 2022 and 2030
Figure 16. Temperature Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Integrated Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Ventilation Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Humidity Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Middle East & Africa HVAC Controls Market Share (%) – End User, 2022 and 2030
Figure 21. Commercial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Industrial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Residential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Middle East & Africa HVAC Controls Market by Key Countries - Revenue (2022) (US$ Million)
Figure 25. Middle East & Africa HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Company Positioning & Concentration
- Carrier Global Corporation
- DAIKIN INDUSTRIES, Ltd.
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Lennox International Inc.
- Schneider Electric SE
- Siemens AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa HVAC controls market
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the HVAC controls market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution