GCC HVACR Industry Insights & Future Growth by 2030

Posted 2025-12-03 10:09:48 · 53 Views

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC HVACR Market Research Report: Forecast (2025-2030). This report provides a detailed assessment of the GCC HVACR Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

Historical Years: 2020-23
Base Years: 2024
Forecast year - 2025-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/gcc-hvacr-market (Discover the market potential, platform-specific insights, and key industry trends.)

GCC HVACR Market Outlook

According to the report, The GCC HVACR Market size was valued at around USD 6.79 billion in 2024 and is projected to reach USD 8.93 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.67% during the forecast period, i.e., 2025-30. The market growth is attributed to the increasing investments by the local real estate developers in housing schemes to enhance home-ownership rates, coupled with rising government spending on the tourism sector. Saudi Arabia is planning to pump nearly 4.8 billion Saudi riyals ($1.28 billion) into new housing projects in 2025 within an ongoing drive to boost housing supply for citizens. The new projects in various parts of the Gulf kingdom include nearly 16,000 houses, apartments, and villas, according to the Municipal Affairs and Housing Ministry. In addition, the commercial, oil & gas, and government & transportation sectors are major contributors to the growth of the GCC HVACR Market.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

GCC HVACR Market Drivers:

Expansion of Tourism Sector to Augment the Market Growth – Tourism is one of the fastest-growing sectors in the GCC region. Countries like the UAE, Oman, and Saudi Arabia, actively encourage medical tourism, business & leisure travel, etc., by providing easy visa clearance, world-class hospitality services, etc. Consequently, there's a mounting influx of foreign visitors to these countries. These developments have been encouraging the establishment of new hotels & resorts for commercial & cultural purposes by hotel groups like Ciel, Jumeriah, and others, thereby pushing the demand for HVAC systems, eventually aiding in enhancing the GCC HVACR Market share.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/gcc-hvacr-market (Explore in-depth analyses, technological trends, and investment patterns.)

GCC HVACR Market Trends:

Preference for VRFs Over Chillers in the Commercial Buildings – With growing concerns over climate change & the optimum utilization of the available resources, there is a shift towards sustainability, i.e., encouraging the adoption of energy-efficient products like VRF for air cooling purposes. Along with this, the high energy consumption in commercial buildings of the GCC region, such as hotels & office complexes, is also elevating the demand for energy-efficient HVACs and, in turn, pushing the adoption of VRFs.

GCC HVACR Market Segmentation

The study categorizes the GCC HVACR Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

Window AC
- Up to 1 Ton
- 1 to 2 Ton
- Above 2 Ton
Split AC
- Up to 1 Ton
- 5 Ton
- 6 to 2 Ton
Floor Standing AC
- Up to 2 Ton
- Above 2 Ton
Cassette AC
Packaged AC
Ducted Split AC
Centralized AC
- FCU/AHU
- Chillers
- VRF
Refrigeration

By End User

Residential
Commercial Buildings
Retail
Healthcare
Hospitality
Government & Transportation
Oil & Gas
Industrial Facilities
Other Developing Industries (Hydrofarms, etc.)

By Sales Channel

Direct Sales
Online
Authorized Distributors

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

Saudi Arabia
Oman
Qatar
Bahrain
Kuwait
The UAE

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-hvacr-market Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in GCC HVACR Market Worldwide: Players, Analysis & Future Outlook

LG Electronics, S.K.M. Air Conditioning, Carrier Corporation, Gree, Samsung, Daikin Industries, Mitsubishi, Trane Inc., Johnson Controls Inc., Zamil Air Conditioners Holding Co. Ltd., and others are the top players in the GCC HVACR market.

Key Highlights of the Report

Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/gcc-hvacr-market

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the GCC HVACR Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the GCC HVACR Market?
4. Who are the prominent players in the GCC HVACR Market?
5. How is the competition structured in this market?
6. How can I access the full report?

Others Reports:

About Us

MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.

Reach Us:

MarkNtel Advisors

Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Website: https://www.marknteladvisors.com

We’re always open to sharing insights, exploring ideas. Follow us to stay updated on the latest news and industry trends.