The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Middle East & Africa District Cooling Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Middle East & Africa District Cooling Industry (2024-2030):

According to the latest report, The Middle East & Africa District Cooling Market size is valued at around USD 6.43 million in 2024 & is estimated to grow at a CAGR of around 7.98% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Middle East & Africa District Cooling industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2024-30
• CAGR (2024-2030): 7.89%
• Market Value in 2024: USD 6.43 Million

What are the major Driver the Middle East & Africa District Cooling industry?

Supportive Government Initiatives & Regulations – As the Middle East and Africa region is experiencing urbanization and population growth, the demand for district cooling systems will rise accordingly. Several government bodies of the region are focusing on executing effective methods, regulations, and subsidies to enhance and proliferate the district cooling systems worldwide. Governments in the MEA region are increasingly focusing on sustainability and energy efficiency. Moreover, supportive government policies will also help in the robust growth of the market as they focus on sustainability and reduction of the overall carbon footprint. Governments in various countries have started implementing strict building codes to encourage and regulate energy-efficient cooling solutions.

To promote sustainability in building practices and energy efficiency the governments in these regions have developed various policies and initiatives like Dubai Clean Energy Strategy 2050, Abu Dhabi’s Estidama Program, Saudi Arabia’s Vision 2030, Saudi Green Initiative, Qatar National Vision 2030, The Pearl-Qatar Green Building Regulations, South Africa’s National Energy Efficiency Strategy (NEES), South Africa Green Building Regulations, Egyptian Sustainable Development Strategy: Vision 2030, New Administrative Capital Regulations( Egypt), Morocco National Energy Strategy & Green Building Code, Kenya’s National Climate Change Action Plan (NCCAP) & Green Building Guidelines.

The enforcement of policies & incentives, including the creation of regulatory frameworks & financial benefits will drive the market to new heights. It will help to support both developers & consumers in embracing this technology. Also to achieve energy efficiency, the government is incorporating district cooling as a preferred mode of technology by promoting green building standards and certifications in the MEA region.

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Middle East & Africa District Cooling Market Segmentation

The Middle East & Africa District Cooling Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Production Technique
• Free Cooling- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Electric Chiller- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Absorption Cooling- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Others (Heat Pumps, etc.)- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• By End User
• Hospitality- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Healthcare- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Commercial & Retail- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Government & Transportation- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Industries- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Residential - Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• Others (Religious Institution, etc.)- Market Size & Forecast (2019-2030), in Kilo Tons of Refrigeration
• By Country
• The UAE
• Saudi Arabia
• Qatar
• Bahrain
• Kuwait
• Oman
• Egypt
• South Africa
• Rest of the Middle East & Africa

As per the regional aspect, the Middle East & Africa District Cooling Market is expected to be dominated by Middle East & Africa by capturing the potential market share.

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Top Companies in the Middle East & Africa District Cooling Market

National Central Cooling Company PJSC (Tabreed), Emirates Central Cooling System Corporation (Empower), Emirates District Cooling (Emicool), Stellar Energy, Qatar Cool, Marafeq Qatar, Veolia, Araner, PAL Cooling Holding, Others

Middle East & Africa District Cooling Industry Recent Developments

August 2024: For the expansion of its cooling infrastructure Stellar Energy launched a new district cooling plant in Abu Dhabi. It would expand its service capabilities and support the growing demand in the region.

 July 2024: PAL Cooling Holding introduced a new service model for district cooling setting a benchmark for the industry as it focuses on cost reductions on large-scale developments and increased energy efficiency.

 April 2024: The Al Habtoor Group and Emirates Central Cooling System Corporation (Empower), the largest district cooling services provider globally, have reached an agreement for the supply of district cooling services to the Al Habtoor Tower.

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