Middle East & Africa HVAC Sensors Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Temperature Sensors, Humidity Sensors, Pressure & Flow Sensors, Motion Sensors, Smoke & Gas Sensors, and Others) and End User (Residential, Commercial, and Industrial)
Market Introduction
MEA is projected to witness a swift growth in new technology adoption and industrialization, further improving diverse industries. The Gulf countries are economically advanced, while the African countries still have to balance to match the economic condition of Gulf countries, such as the UAE and Saudi Arabia, due to lack of supporting infrastructure. At present, the Gulf countries are on the verge of adopting advanced HVAC systems. Several factors, such as growing population, rising middle-class income, and increasing efforts to motivate businesses other than oil & gas industries, are likely to provide ample growth opportunities to the market players in MEA. Such improvements promote the growth of the smart technologies for smart building applications. Although, the demand for HVAC sensors is low in the region, the demand would increase with growing investments in the residential construction and commercial construction sector in the coming years. In addition, various companies operating in the HVAC system market are identifying the potentials of the HVAC industry, in a bid to enhance the offering for customers in the region. HVAC systems manufacturing companies are expanding their footprint in the region to improve their support for the customers, which is ultimately driving the growth of the MEA HVAC sensor market.
Furthermore, in case of COVID-19, MEA is highly affected especially South Africa. The MEA HVAC sensors market is majorly affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components and parts have been disturbed. The demand for HVAC systems and sensors has weakened since the eruption of COVID-19 in MEA countries. This has resulted in a loss of business among the HVAC systems and HVAC sensor manufacturers offering their products to various industries in the region. Countries with higher manufacturing units such as Turkey, Israel, and South Africa, among others have witnessed critical scenarios in procuring various electronics and semiconductor products including sensors which showcased fall in MEA HVAC sensors market in the region. The construction activity in the region is among the rapidly growing industry. The UAE, Saudi Arabia, and Qatar, represent the forerunners in the GCC construction industry. The outbreak of COVID-19 virus had paused several construction activities in the countries mentioned above, and some of the projects are still likely to remain halted. This parameter is among the key factors that have negatively impacted the HVAC systems industry and subsequently impaired the HVAC sensors market.
Get more information on this report :
Market Overview and Dynamics
The MEA HVAC sensors market is expected to grow from US$ 308.24 million in 2019 to US$ 409.22 million by 2027; it is estimated to grow at a CAGR of 4.0 % from 2020 to 2027. Surging construction sector across MEA region is expected to escalate the MEA HVAC sensors market. The construction sector is experiencing a tremendous growth in developing economies across MEA with a heavy investment in commercial construction as well as infrastructural and institutional developments such as railway stations, bus stations, airports, and educational institutions. This rapid growth of the construction sector is attributed to the rising urban population demanding better standard of living. Further, the rise in commercial construction such as shopping malls, recreational centers, cinema halls, and office building is boosting the installation of HVAC systems. Moreover, some of these economies are also planning to boost their industrial sector by offering favorable business environment to foreign investors and support to local industries. Saudi Arabia National Industrial Development & Logistics Program, and UAE Strategy for the Fourth Industrial Revolution are among the initiatives taken by governments to support industrialization. Moreover, several foreign players are relocating their manufacturing facilities to low-cost economies in MEA region, which is anticipated to propel the industrial construction. Since, HVAC system is one of the integral systems in construction process, the deployment of HVAC systems is likely to increase with the rising construction activities, which will drive the MEA HVAC sensors market.
Key Market Segments
In terms of type, the temperature sensors segment accounted for the largest share of the MEA HVAC sensors market in 2019. In terms of end user, the commercial segment held a larger market share of the MEA HVAC sensors market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA HVAC sensors market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric; Sensirion AG; Siemens AG; TE Connectivity Ltd.
Reasons to buy report
- To understand the MEA HVAC sensors market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA HVAC sensors market
- Efficiently plan M&A and partnership deals in MEA HVAC sensors market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA HVAC sensors market
- Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.
MEA HVAC Sensors Market Segmentation
MEA HVAC Sensors Market - By Type
- Temperature Sensors
- NTC
- RTD
- Thermocouple
- Others
- Humidity Sensors
- Pressure & Flow Sensors
- Motion Sensors
- Smoke & Gas Sensors
- Others
MEA HVAC Sensors Market - By End User
- Residential
- Commercial
- Industrial
MEA HVAC Sensors Market - By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
MEA HVAC Sensors Market - Company Profiles
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Schneider Electric
- Sensirion AG
- Siemens AG
- TE Connectivity Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA HVAC Sensors Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
5. MEA HVAC Sensors Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Construction Sector
5.1.2 Burgeoning Demand for HVAC Sensors in the Automotive Sector
5.2 Market Restraints
5.2.1 Obstacle Related to Motion-Activated Air Conditioners
5.3 Market Opportunities
5.3.1 Mounting Establishment of Smart Cities
5.4 Future Trends
5.4.1 Development of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.5 Impact Analysis of Drivers and Restraints
6. HVAC Sensors Market– MEA Analysis
6.1 Overview
6.2 MEA HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
6.3 Market Positioning – Market Players Ranking
7. MEA HVAC Sensors Market Analysis – By Type
7.1 Overview
7.2 MEA HVAC Sensors Market, By Type (2019 and 2027)
7.3 Temperature Sensors
7.3.1 Overview
7.3.2 Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.3 NTC
7.3.3.1 Overview
7.3.3.2 NTC: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.4 RTD
7.3.4.1 Overview
7.3.4.2 RTD: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.5 Thermocouple
7.3.5.1 Overview
7.3.5.2 Thermocouple: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.3.6 Others
7.3.6.1 Overview
7.3.6.2 Others: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.4 Humidity Sensors
7.4.1 Overview
7.4.2 Humidity Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.5 Pressure & Flow Sensors
7.5.1 Overview
7.5.2 Pressure & Flow Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.6 Motion Sensors
7.6.1 Overview
7.6.2 Motion Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.7 Smoke & Gas Sensors
7.7.1 Overview
7.7.2 Smoke & Gas Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
7.8 Other Sensors
7.8.1 Overview
7.8.2 Others Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8. MEA HVAC Sensors Market – By End User
8.1 Overview
8.2 MEA HVAC Sensors Market, by End User (2019 and 2027)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9. MEA HVAC Sensors Market – Country Analysis
9.1 Overview
9.1.1 MEA: HVAC Sensors Market, by Key Country
9.1.1.1 Saudi Arabia: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.1.1 Saudi Arabia: HVAC Sensors Market, by Type
9.1.1.1.2 Saudi Arabia: HVAC Sensors Market, by End User
9.1.1.2 UAE: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.2.1 UAE: HVAC Sensors Market, by Type
9.1.1.2.2 UAE: HVAC Sensors Market, by End User
9.1.1.3 South Africa: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.3.1 South Africa: HVAC Sensors Market, by Type
9.1.1.3.2 South Africa: HVAC Sensors Market, by End User
9.1.1.4 Rest of MEA: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
9.1.1.4.1 Rest of MEA: HVAC Sensors Market, by Type
9.1.1.4.2 Rest of MEA: HVAC Sensors Market, by End User
10. Impact of COVID-19 Outbreak
10.1 MEA: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Siemens AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Emerson Electric Co.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Johnson Controls, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Schneider Electric
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TE Connectivity Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Sensirion AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Table 2. Saudi Arabia: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 3. Saudi Arabia: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 4. Saudi Arabia: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 5. UAE: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 6. UAE: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 7. UAE: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 8. South Africa: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 9. South Africa: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 10. South Africa: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 11. Rest of MEA: HVAC Sensors Market, By Type – Revenue and Forecast to 2027 (US$ million)
Table 12. Rest of MEA: HVAC Sensors Market, By Temperature Sensors – Revenue and Forecast to 2027 (US$ million)
Table 13. Rest of MEA: HVAC Sensors Market, By End User – Revenue and Forecast to 2027 (US$ million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA HVAC Sensors Market Segmentation
Figure 2. MEA HVAC Sensors Market Segmentation – By Country
Figure 3. MEA HVAC Sensors Market Overview
Figure 4. MEA HVAC Sensors Market, by Country
Figure 5. MEA HVAC Sensors Market, By Type
Figure 6. MEA HVAC Sensors Market, By End User
Figure 7. MEA: PEST Analysis
Figure 8. MEA HVAC Sensors Market – Ecosystem Analysis
Figure 9. MEA HVAC Sensors Market Impact Analysis of Drivers and Restraints
Figure 10. MEA HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 11. MEA HVAC Sensors Market Revenue Share, by Type (2019 and 2027)
Figure 12. MEA Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 13. MEA NTC: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 14. MEA RTD: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 15. MEA Thermocouple: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 16. MEA Others: Temperature Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 17. MEA Humidity Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 18. MEA Pressure & Flow Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 19. MEA Motion Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 20. MEA Smoke & Gas Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 21. MEA Other Sensors: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 22. MEA HVAC Sensors Market Revenue Share, by End User (2019 and 2027)
Figure 23. MEA Residential: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 24. MEA Commercial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 25. MEA Industrial: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 26. MEA: HVAC Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. Saudi Arabia: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 28. UAE: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 29. South Africa: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 30. Rest of MEA: HVAC Sensors Market – Revenue and Forecast to 2027 (US$ million)
Figure 31. Impact of COVID-19 Pandemic in MEA Country Markets
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls, Inc.
- Schneider Electric
- Sensirion AG
- Siemens AG
- TE Connectivity Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA HVAC sensors market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA HVAC sensors market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the HVAC sensors 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