Middle East and Africa (MEA) Heating, Ventilation, Air-Conditioning, and Refrigeration (HVACR) Market| BIS Research

Market Research Report

A quick peek into the report

Executive Summary

1.1 Scope of the Report
1.2 Middle East and Africa HVACR Market Research Methodology

2.1   Introduction
2.2   Market Drivers
2.2.1   Extreme Weather Conditions
2.2.2   Growing Population and Rapid Urbanization
2.2.3   Increased Construction Activities in Middle East
2.2.4   Better Standards of Living
2.3   Market Challenges
2.3.1   Increasing Demand for Energy
2.3.2   Issue of Global Warming
2.3.3   Adhering to Energy Efficiency Standards
2.4   Market Opportunity
2.4.1   Shift Towards Renewable Sources of Energy
2.4.2   Rising Demand for Energy Efficient HVACR in Green Buildings and Smart Cities

3.1   Key Players HVACR Market Share Analysis
3.1.1   Assumptions and Limitations for Market Share Analysis
3.1.2   HVACR Market Share Analysis
3.2   Key Market Developments & Strategies
3.2.1   Product Launches and Developments
3.2.2   Collaborations, Joint Ventures & Partnerships
3.2.3   Business Expansion
3.2.4   Mergers and Acquisitions
3.3   Industry Attractiveness

4.1   Patent Analysis
4.2   Consortiums, Associations, Acts and Regulatory Bodies
4.3   Value Chain Analysis

5.1   Assumptions for Analysis and Forecast of the Middle East and Africa HVACR market
5.2   Market Overview
5.3   Middle East and Africa Market, by Product
5.3.1   Market Overview
5.3.2   Windows and Portable Air Conditioners
5.3.3   Split Air Conditioners
5.3.4   Single Packaged Air Conditioners
5.3.5   Chillers
5.3.6   Air Handling Unit and Fan Coil Unit
5.3.7   Middle East and Africa HVACR Market, by Components
5.3.7.1   Market Overview
5.3.7.2   Refrigeration Cycle Components
5.3.7.2.1   Compressor
5.3.7.2.2   Condenser
5.3.7.2.3   Expansion Valve
5.3.7.2.4   Evaporator
5.3.7.2.5   Others
5.3.7.3   HVACR Supporting Components
5.3.8   Middle East and Africa HVACR Market, by Country
5.3.8.1   Market Overview
5.3.8.2   Kingdom of Saudi Arabia HVACR Market
5.3.8.2.1   Market Trends and Competitive Analysis
5.3.8.3   United Arab Emirates HVACR Market
5.3.8.3.1   Market Trends and Competitive Analysis
5.3.8.4   Qatar HVACR Market
5.3.8.4.1   Market Trends and Competitive Analysis
5.3.8.5   Kuwait HVACR Market
5.3.8.5.1   Market Trends and Competitive Analysis
5.3.8.6   Oman HVACR Market
5.3.8.6.1   Market Trends and Competitive Analysis
5.3.8.7   Bahrain HVACR Market
5.3.8.7.1   Market Trends and Competitive Analysis
5.3.8.8   Iran HVACR Market
5.3.8.8.1   Market Trend and Competitive Analysis
5.3.8.9   Rest of Middle East HVACR Market
5.3.8.9.1   Market Trends and Competitive Analysis
5.3.8.10   Tunisia HVACR Market
5.3.8.10.1   Market Trends and Competitive Analysis
5.3.8.11   Morocco HVACR Market
5.3.8.11.1   Market Trends and Competitive Analysis
5.3.8.12   Egypt HVACR Market
5.3.8.12.1   Market Trends and Competitive Analysis
5.3.8.13   Rest of North Africa HVACR Market
5.3.8.13.1   Market Trends and Competitive Analysis
5.3.8.14   South Africa HVACR Market
5.3.8.14.1   Market Trends and Competitive Analysis

6.1   Gree Electric Appliances Inc.
6.1.1   Company Overview
6.1.2   Financials
6.1.2.1   Financial Summary
6.1.3   SWOT Analysis
6.2   Daikin
6.2.1   Company Overview
6.2.2   Financials
6.2.2.1   Financial Summary
6.2.3   SWOT Analysis
6.3   L.G. Corporation
6.3.1   Company Overview
6.3.2   Financials
6.3.2.1   Financial Summary
6.3.3   SWOT Analysis
6.4   Midea Group
6.4.1   Company Overview
6.4.2   Financials
6.4.2.1   Financial Summary
6.4.3   SWOT Analysis
6.5   United Technologies Corporation (Carrier)
6.5.1   Company Overview
6.5.2   Carrier Corporation
6.5.3   Financials
6.5.3.1   Financial Summary
6.5.4   SWOT Analysis
6.6   Zamil Industrial (Zamil Air Conditioners)
6.6.1   Company Overview
6.6.2   Zamil Air conditioners
6.6.3   Financials
6.6.3.1   Financial Summary
6.6.4   SWOT Analysis
6.7   Samsung
6.7.1   Company Overview
6.7.2   Financials
6.7.2.1   Financial Summary
6.7.3   SWOT Analysis
6.8   Johnson Controls
6.8.1   Company Overview
6.8.2   Financials
6.8.2.1   Financial Summary
6.8.3   SWOT Analysis
6.9   Ingersoll Rand
6.9.1   Company Overview
6.9.2   Trane
6.9.3   Financials
6.9.3.1   Financial Summary
6.9.4   SWOT Analysis
6.10   Local HVACR Players in Middle East region
6.10.1   SKM Air Conditioning LLC
6.10.1.1   Company Overview
6.10.2   Golden Star General Enterprises LLC
6.10.2.1   Company Overview
6.10.3   Saran Company
6.10.3.1   Company Overview
6.10.4   MEHR ASL Manufacturing Corporation
6.10.4.1   Company Overview
6.10.5   SARAVEL Corporation
6.10.5.1   Company Overview
6.10.6   Mace Macro Technical Services
6.10.6.1   Company Overview
6.10.7   Jahanpars Company
6.10.7.1   Company Overview
6.10.8   Trent Technical
6.10.8.1   Company Overview
6.10.9   Seder Group
6.10.9.1   Company Overview
6.10.10   Leminar Air conditioning LLC
6.10.10.1   Company Overview
6.10.11   Petra Engineering Industries Co.
6.10.11.1   Company Overview
6.10.12   Abdul Latif Jameel Electronics and Air Conditioning Co. Ltd.
6.10.12.1   Company Overview
6.10.13   Al Shirawi Group
6.10.13.1   Company Overview
6.10.14   Sauter Group
6.10.14.1   Company Overview
6.10.15   Munter
6.10.15.1   Company Overview
6.11   Local HVACR Players in Africa
6.11.1   Delta Construction Manufacturing
6.11.1.1   Company Overview
6.11.2   Egyptian German Air Treatment Co. (EGAT) Group
6.11.2.1   Company Overview
6.11.3   Miraco Carrier co.
6.11.3.1   Company Overview
6.11.4   Tiba Manzalawi Group
6.11.4.1   Company Overview
6.11.5   ICAT International
6.11.5.1   Company Overview
6.11.6   SMC Air Conditioning
6.11.6.1   Company Overview
6.11.7   Egicat
6.11.7.1   Company Overview

Table 1    Economic and Social Developments in Middle East and North Africa, 2015–19 (Percentage)
Table 2.1   Some Mega Ongoing Projects in the Middle East Region
Table 2.2   GDP ($Billion) from 2011-2015
Table 2.3   Refrigerants and their Respective ODP & GWP
Table 2.4   Green Building Projects in the Middle East Region
Table 3.1   Product Launches and Developments
Table 3.2   Collaborations, Joint Ventures & Partnerships
Table 3.3   Business Expansions
Table 3.4   Mergers and Acquisitions
Table 3.5   Buyers and Suppliers in HVACR Middle East & Africa Market
Table 3.6   Key factors in Determining “Threat from New Entrants” in HVACR Market MEA Region
Table 3.7   Key Factors in Determining “Bargaining Power of Buyers” in HVACR Market MEA Region
Table 3.8   Key Factors in Determining “Bargaining Power of Suppliers” in HVACR Market MEA Region
Table 3.9   Key Factors in Determining “Threat of Substitute Products or Services” in HVACR Market MEA Region
Table 3.10    Key Factors in Determining “Rivalry among Existing Firms” in HVACR Market MEA Region
Table 4.1   Examples of Some Recent Patents
Table 4.2   Examples of Some Regulatory Bodies, Associations, Acts & Consortia
Table 5.1   ME Windows and Portable Air Conditioners by Volume, 2015-2022
Table 5.2   Africa Windows and Portable Air Conditioners by Volume, 2015-2022
Table 5.3   ME Windows and Portable Air Conditioners by Value, 2015-2022
Table 5.4   Africa Windows and Portable Air Conditioners by Value, 2015-2022
Table 5.5   ME Mini Split Air Conditioners by Volume, 2015-2022
Table 5.6   Africa Mini Split Air Conditioners by Volume, 2015-2022
Table 5.7   ME Mini Split Air Conditioners by Value, 2015-2022
Table 5.8   Africa Mini Split Air Conditioners by Value, 2015-2022
Table 5.9   ME Packaged Air Conditioners by Volume, 2015-2022
Table 5.10   Africa Packaged Air Conditioners by Volume, 2015-2022
Table 5.11   ME Packaged Air Conditioners by Value, 2015-2022
Table 5.12   Africa Packaged Air Conditioners by Value, 2015-2022
Table 5.13   Air Cooled Chillers v/s Water Cooled Chillers
Table 5.14   ME Chillers by Volume, 2015-2022
Table 5.15   Africa Chillers by Volume, 2015-2022
Table 5.16   ME Chillers by Value, 2015-2022
Table 5.17   Africa Chillers by Value, 2015-2022
Table 5.18   ME AHU and FCU by Volume, 2015-2022
Table 5.19   Africa AHU and FCU by Volume, 2015-2022
Table 5.20   ME AHU and FCU by Value, 2015-2022
Table 5.21   Africa AHU and FCU by Value, 2015-2022
Table 5.22   Refrigeration Cycle Components Market Value, by Product
Table 5.23   Compressor Component Market Value, by Product
Table 5.24   Condenser Component Market Value, by Product
Table 5.25   Expansion Valve Component Market Value, by Product
Table 5.26   Evaporator Component Market Value, by Product
Table 5.27   Other Refrigeration Cycle Components Market Value, by Product
Table 5.28   Supporting Component Market Value, by Product
Table 5.29   Kingdom of Saudi Arabia Window and Portable Air Conditioner Units by Volume
Table 5.30   Kingdom of Saudi Arabia Window and Portable Air Conditioner Units by Value
Table 5.31   Kingdom of Saudi Arabia Window and Portable Air Conditioner Components by Value
Table 5.32   Kingdom of Saudi Arabia Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.33   Kingdom of Saudi Arabia Split Air Conditioner Units by Volume
Table 5.34   Kingdom of Saudi Arabia Mini Splits Air Conditioner Units by Value
Table 5.35   Kingdom of Saudi Arabia Mini Split Ductless Components by Value
Table 5.36   Kingdom of Saudi Arabia Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.37   Kingdom of Saudi Arabia Ducted Mini Split Components by Value
Table 5.38   Kingdom of Saudi Arabia Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.39   Kingdom of Saudi Arabia Single Packaged Air Conditioner Units by Volume
Table 5.40   Kingdom of Saudi Arabia Mini Split Air Conditioner Units by Value
Table 5.41   Kingdom of Saudi Arabia Rooftop Components by Value
Table 5.42   Kingdom of Saudi Arabia Rooftop Refrigeration Cycle Components by Value
Table 5.43   Kingdom of Saudi Arabia Indoor Components by Value
Table 5.44   Kingdom of Saudi Arabia Indoor Refrigeration Cycle Components by Value
Table 5.45   Kingdom of Saudi Arabia Chiller Units by Volume
Table 5.46   Kingdom of Saudi Arabia Chiller Units by Value
Table 5.47   Kingdom of Saudi Arabia Chiller Components by Value
Table 5.48   Kingdom of Saudi Arabia Chiller Refrigeration Cycle Components by Value
Table 5.49   Kingdom of Saudi Arabia AHU and FCU Units by Volume
Table 5.50   Kingdom of Saudi Arabia AHU an FCU Units by Value
Table 5.51   U.A.E. Window and Portable Air Conditioner Units by Volume
Table 5.52   U.A.E. Window and Portable Air Conditioner Units by Value
Table 5.53   U.A.E. Window and Portable Air Conditioner Components by Value
Table 5.54   U.A.E. Windows and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.55   U.A.E. Split Air Conditioners Units by Volume
Table 5.56   UA.E. Mini Split Air Conditioners Units by Value
Table 5.57   U.A.E. Ductless Mini Split Components by Value
Table 5.58   U.A.E. Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.59   U.A.E. Ducted Mini Split Components by Value
Table 5.60   U.A.E. Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.61   U.A.E Single Packaged Air Conditioner Units by Volume
Table 5.62   U.A.E. Single Packaged Units by Value
Table 5.63   U.A.E. Rooftop Components by Value
Table 5.64   U.A.E. Rooftop Refrigeration Cycle Components by Value
Table 5.65   U.A.E. Indoor Components by Value
Table 5.66   U.A.E. Indoor Refrigeration Cycle Components by Value
Table 5.67   U.A.E. Chiller Units by Volume
Table 5.68   U.A.E. Chiller Units by Value
Table 5.69   U.A.E. Chiller Components by Value
Table 5.70   U.A.E. Chiller Refrigeration Cycle Components by Value
Table 5.71   U.A.E AHU and FCU Units by Volume
Table 5.72   U.A.E AHU and FCU Units by Value
Table 5.73   Qatar Window and Portable Air Conditioner Units by Volume
Table 5.74   Qatar Window and Portable Air Conditioner Units by Value
Table 5.75   Qatar Window and Portable Air Conditioner Components by Value
Table 5.76   Qatar Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.77   Qatar Split Air Conditioner Units by Volume
Table 5.78   Qatar Mini Split Air Conditioner Units by Value
Table 5.79   Qatar Ductless Mini Split Components by Value
Table 5.80   Qatar Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.81   Qatar Ducted Mini Split Components by Value
Table 5.82   Qatar Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.83   Qatar Single Packaged Air Conditioners Units by Volume
Table 5.84   Qatar Single Packaged Units by Value
Table 5.85   Qatar Rooftop Components by Value
Table 5.86   Qatar Rooftop Refrigeration Cycle Components by Value
Table 5.87   Qatar Indoor Components by Value
Table 5.88   Qatar Indoor Refrigeration Cycle Components by Value
Table 5.89   Qatar Chiller Units by Volume
Table 5.90   Qatar Chiller Units by Value
Table 5.91   Qatar Chiller Components by Value
Table 5.92   Qatar Chiller Refrigeration Cycle Components by Value
Table 5.93   Qatar AHU and FCU Units by Volume
Table 5.94   Qatar AHU an FCU Units by Value
Table 5.95   Kuwait Window and Portable Air Conditioner Units by Volume
Table 5.96   Kuwait Window and Portable Air Conditioner Units by Value
Table 5.97   Kuwait Window and Portable Air Conditioner Components by Value
Table 5.98   Kuwait Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.99   Kuwait Split Air Conditioner Units by Volume
Table 5.100   Kuwait Mini Split Air Conditioner Units by Value
Table 5.101   Kuwait Ductless Mini Split Components by Value
Table 5.102   Kuwait Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.103   Kuwait Ducted Mini Split Components by Value
Table 5.104   Kuwait Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.105   Kuwait Single Packaged Air Conditioner Units by Volume
Table 5.106   Kuwait Single Packaged Units by Value
Table 5.107   Kuwait Rooftop Components by Value
Table 5.108   Kuwait Rooftop Refrigeration Cycle Components by Value
Table 5.109   Kuwait Indoor Components by Value
Table 5.110   Kuwait Indoor Refrigeration Cycle Components by Value
Table 5.111   Kuwait Chiller Units by Volume
Table 5.112   Kuwait Chiller Units by Value
Table 5.113   Kuwait Chiller Components by Value
Table 5.114   Kuwait Chiller Refrigeration Cycle Components by Value
Table 5.115   Kuwait AHU and FCU Units by Volume
Table 5.116   Kuwait AHU an FCU Units by Value
Table 5.117   Oman Window and Portable Air Conditioner Units by Volume
Table 5.118   Oman Window and Portable Air Conditioner Units by Value
Table 5.119   Oman Window and Portable Air Conditioner Components by Value
Table 5.120   Oman Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.121   Oman Split Air Conditioner Units by Volume
Table 5.122   Oman Mini Split Air Conditioner Units by Value
Table 5.123   Oman Ductless Mini Split Components by Value
Table 5.124   Oman Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.125   Oman Ducted Mini Split Components by Value
Table 5.126   Oman Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.127   Oman Single Packaged Air Conditioner Units by Volume
Table 5.128   Oman Single Packaged Units by Value
Table 5.129   Oman Rooftop Components by Value
Table 5.130   Oman Rooftop Refrigeration Cycle Components by Value
Table 5.131   Oman Indoor Components by Value
Table 5.132   Oman Indoor Refrigeration Cycle Components by Value
Table 5.133   Oman Chiller Units by Volume
Table 5.134   Oman Chiller Units by Value
Table 5.135   Oman Chiller Components by Value
Table 5.136   Oman Chiller Refrigeration Cycle Components by Value
Table 5.137   Oman AHU and FCU Units by Volume
Table 5.138   Oman AHU an FCU Units by Value
Table 5.139   Bahrain Window and Portable Air Conditioner Units by Volume
Table 5.140   Bahrain Windows and Portable Air Conditioner Units by Value
Table 5.141   Bahrain Split Air Conditioner Units by Volume
Table 5.142   Bahrain Window and Portable Air Conditioner Components by Value
Table 5.143   Bahrain Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.144   Bahrain Mini Split Air Conditioner Units by Value
Table 5.145   Bahrain Ductless Mini Split Components by Value
Table 5.146   Bahrain Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.147   Bahrain Ducted Mini Split Components by Value
Table 5.148   Bahrain Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.149   Bahrain Single Packaged Air Conditioner Units by Volume
Table 5.150   Bahrain Single Packaged Units by Value
Table 5.151   Bahrain Rooftop Components by Value
Table 5.152   Bahrain Rooftop Refrigeration Cycle Components by Value
Table 5.153   Bahrain Indoor Components by Value
Table 5.154   Bahrain Indoor Refrigeration Cycle Components by Value
Table 5.155   Bahrain Chiller Units by Volume
Table 5.156   Bahrain Chiller Units by Value
Table 5.157   Bahrain Chiller Components by Value
Table 5.158   Bahrain Chiller Refrigeration Cycle Components by Value
Table 5.159   Bahrain AHU and FCU Units by Volume
Table 5.160   Bahrain AHU an FCU Units by Value
Table 5.161   Iran Window and Portable Air Conditioner Units by Volume
Table 5.162   Iran Window and Portable Air Conditioner Units by Value
Table 5.163   Iran Window and Portable Air Conditioner Components by Value
Table 5.164   Iran Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.165   Iran Split Air Conditioner Units by Volume
Table 5.166   Iran Mini Split Air Conditioner Units by Value
Table 5.167   Iran Ductless Mini Split Components by Value
Table 5.168   Iran Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.169   Iran Ducted Mini Split Components by Value
Table 5.170   Iran Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.171   Iran Single Packaged Air Conditioner Units by Volume
Table 5.172   Iran Single Packaged Units by Value
Table 5.173   Iran Rooftop Components by Value
Table 5.174   Iran Rooftop Refrigeration Cycle Components by Value
Table 5.175   Iran Indoor Components by Value
Table 5.176   Iran Indoor Refrigeration Cycle Components by Value
Table 5.177   Iran Chiller Units by Volume
Table 5.178   Iran Chiller Units by Value
Table 5.179   Iran Chiller Components by Value
Table 5.180   Iran Chiller Refrigeration Cycle Components by Value
Table 5.181   Iran AHU and FCU Units by Volume
Table 5.182   Iran AHU an FCU Units by Value
Table 5.183   Rest of Middle East Window and Portable Air Conditioner Units by Volume
Table 5.184   Rest of Middle East Window and Portable Air Conditioner Units by Value
Table 5.185   Rest of Middle East Window and Portable Air Conditioner Components by Value
Table 5.186   Rest of Middle East Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.187   Rest of Middle East Split Air Conditioner Units by Volume
Table 5.188   Rest of Middle East Mini Split Air Conditioner Units by Value
Table 5.189   Rest of Middle East Ductless Mini Split Components by Value
Table 5.190   Rest of Middle East Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.191   Rest of Middle East Ducted Mini Split Components by Value
Table 5.192   Rest of Middle East Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.193   Rest of Middle East Single Packaged Air Conditioner Units by Volume
Table 5.194   Rest of Middle East Single Packaged Units by Value
Table 5.195   Rest of Middle East Rooftop Components by Value
Table 5.196   Rest of Middle East Rooftop Refrigeration Cycle Components by Value
Table 5.197   Rest of Middle East Indoor Components by Value
Table 5.198   Rest of Middle East Indoor Refrigeration Cycle Components by Value
Table 5.199   Rest of Middle East Chiller Units by Volume
Table 5.200   Rest of Middle East Chiller Units by Value
Table 5.201   Rest of Middle East Chiller Components by Value
Table 5.202   Rest of Middle East Chiller Refrigeration Cycle Components by Value
Table 5.203   Rest of Middle East AHU and FCU Units by Volume
Table 5.204   Rest of Middle East AHU and FCU Units by Value
Table 5.205   Tunisia Window and Portable Air Conditioner Units by Volume
Table 5.206   Tunisia Window and Portable Air Conditioner Units by Value
Table 5.207   Tunisia Window and Portable Air Conditioner Components by Value
Table 5.208   Tunisia Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.209   Tunisia Split Air Conditioner Units by Volume
Table 5.210   Tunisia Mini Split Air Conditioner Units by Value
Table 5.211   Tunisia Ductless Mini Split Components by Value
Table 5.212   Tunisia Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.213   Tunisia Ducted Mini Split Components by Value
Table 5.214   Tunisia Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.215   Tunisia Single Packaged Air Conditioner Units by Volume
Table 5.216   Tunisia Single Packaged Units by Value
Table 5.217   Tunisia Rooftop Components by Value
Table 5.218   Tunisia Rooftop Refrigeration Cycle Components by Value
Table 5.219   Tunisia Indoor Components by Value
Table 5.220   Tunisia Indoor Refrigeration Cycle Components by Value
Table 5.221   Tunisia Chiller Units by Volume
Table 5.222   Tunisia Chiller Units by Value
Table 5.223   Tunisia Chiller Components by Value
Table 5.224   Tunisia Chiller Refrigeration Cycle Components by Value
Table 5.225   Tunisia AHU and FCU Units by Volume
Table 5.226   Tunisia AHU an FCU Units by Value
Table 5.227   Morocco Window and Portable Air Conditioner Units by Volume
Table 5.228   Morocco Window and Portable Air Conditioner Units by Value
Table 5.229   Morocco Window and Portable Air Conditioner Components by Value
Table 5.230   Morocco Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.231   Morocco Split Air Conditioner Units by Volume
Table 5.232   Morocco Mini Splits Air Conditioner Units by Value
Table 5.233   Morocco Ductless Mini Split Components by Value
Table 5.234   Morocco Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.235   Morocco Ducted Mini Split Components by Value
Table 5.236   Morocco Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.237   Morocco Single Packaged Air Conditioner Units by Volume
Table 5.238   Morocco Single Packaged Units by Value
Table 5.239   Morocco Rooftop Components by Value
Table 5.240   Morocco Rooftop Refrigeration Cycle Components by Value
Table 5.241   Morocco Indoor Components by Value
Table 5.242   Morocco Indoor Refrigeration Cycle Components by Value
Table 5.243   Morocco Chiller Units by Volume
Table 5.244   Morocco Chiller Units by Value
Table 5.245   Morocco Chiller Components by Value
Table 5.246   Morocco Chiller Refrigeration Cycle Components by Value
Table 5.247   Morocco AHU and FCU Units by Volume
Table 5.248   Morocco AHU an FCU Units by Value
Table 5.249   Egypt Window and Portable Air Conditioner Units by Volume
Table 5.250   Egypt Window and Portable Air Conditioner Units by Value
Table 5.251   Egypt Window and Portable Air Conditioner Components by Value
Table 5.252   Egypt Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.253   Egypt Mini Split Air Conditioners Units by Volume
Table 5.254   Egypt Mini Split Air Conditioners Units by Value
Table 5.255   Egypt Ductless Mini Split Components by Value
Table 5.256   Egypt Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.257   Egypt Ducted Mini Split Components by Value
Table 5.258   Egypt Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.259   Egypt Single Packaged Air Conditioner Units by Volume
Table 5.260   Egypt Single Packaged Units by Value
Table 5.261   Egypt Rooftop Components by Value
Table 5.262   Egypt Rooftop Refrigeration Cycle Components by Value
Table 5.263   Egypt Indoor Components by Value
Table 5.264   Egypt Indoor Refrigeration Cycle Components by Value
Table 5.265   Egypt Chiller Units by Volume
Table 5.266   Egypt Chiller Units by Value
Table 5.267   Egypt Chiller Components by Value
Table 5.268   Egypt Chiller Refrigeration Cycle Components by Value
Table 5.269   Egypt AHU and FCU Units by Volume
Table 5.270   Egypt AHU an FCU Units by Value
Table 5.271   Rest of North Africa Window and Portable Air Conditioner Units by Volume
Table 5.272   Rest of North Africa Window and Portable Air Conditioner Units by Value
Table 5.273   Rest of North Africa Window and Portable Air Conditioner Components by Value
Table 5.274   Rest of North Africa Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.275   Rest of North Africa Split Air Conditioner Units by Volume
Table 5.276   Rest of North Africa Mini Split Air Conditioner Units by Value
Table 5.277   Rest of North Africa Ductless Mini Split Components by Value
Table 5.278   Rest of North Africa Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.279   Rest of North Africa Ducted Mini Split Components by Value
Table 5.280   Rest of North Africa Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.281   Rest of North Africa Single Packaged Air Conditioner Units by Volume
Table 5.282   Rest of North Africa Single Packaged Units by Value
Table 5.283   Rest of North Africa Chiller Units by Volume
Table 5.284   Rest of North Africa Rooftop Components by Value
Table 5.285   Rest of North Africa Rooftop Refrigeration Cycle Components by Value
Table 5.286   Rest of North Africa Indoor Components by Value
Table 5.287   Rest of North Africa Indoor Refrigeration Cycle Components by Value
Table 5.288   Rest of North Africa Chiller Units by Value
Table 5.289   Rest of North Africa Chiller Components by Value
Table 5.290   Rest of North Africa Chiller Refrigeration Cycle Components by Value
Table 5.291   Rest of North Africa AHU and FCU Units by Volume
Table 5.292   Rest of North Africa AHU an FCU Units by Value
Table 5.293   South Africa Window and Portable Air Conditioner Units by Volume
Table 5.294   South Africa Window and Portable Air Conditioner Units by Value
Table 5.295   South Africa Window and Portable Air Conditioner Components by Value
Table 5.296   South Africa Window and Portable Air Conditioner Refrigeration Cycle Components by Value
Table 5.297   South Africa Split Air Conditioner Units by Volume
Table 5.298   South Africa Mini Split Air Conditioner Units by Value
Table 5.299   South Africa Ductless Mini Split Components by Value
Table 5.300   South Africa Ductless Mini Split Refrigeration Cycle Components by Value
Table 5.301   South Africa Ducted Mini Split Components by Value
Table 5.302   South Africa Ducted Mini Split Refrigeration Cycle Components by Value
Table 5.303   South Africa Single Packaged Air Conditioners Units by Volume
Table 5.304   South Africa Single Packaged Units by Value
Table 5.305   South Africa Rooftop Components by Value
Table 5.306   South Africa Rooftop Refrigeration Cycle Components by Value
Table 5.307   South Africa Indoor Components by Value
Table 5.308   South Africa Indoor Refrigeration Cycle Components by Value
Table 5.309   South Africa Chiller Units by Volume
Table 5.310   South Africa Chiller Units by Value
Table 5.311   South Africa Chiller Components by Value
Table 5.312   South Africa Chiller Refrigeration Cycle Components by Value
Table 5.313   South Africa AHU and FCU Units by Volume
Table 5.314   South Africa AHU an FCU Units by Value

Figure 1   Projected Workforce Growth, 2010-2050: North Africa, Sub-Saharan Africa
Figure 2   MEA HVACR Market Size Snapshot (‘000 units)
Figure 3   MEA HVACR Product Market Size Snapshot (‘000 units)
Figure 4   MEA HVACR Components Market Size Snapshot ($Million)
Figure 5   Middle East HVACR Country Market Size Snapshot
Figure 6   North Africa HVACR Market Size Snapshot (‘000 units)
Figure 1.1   Market Segmentation
Figure 1.2   Secondary Data Sources
Figure 1.3   Bottom up Approach
Figure 1.4   Middle East and Africa HVACR Market Influencing Factors
Figure 1.5   Assumptions and limitations
Figure 2.1   Market Dynamics Snapshot
Figure 2.2   Market Drivers Impact Analysis
Figure 2.3   Population Increase in Million over the Years 2010-2015
Figure 2.4   Market Challenges Impact Analysis
Figure 2.5   Energy Consumption (KWH Per Capita) in the Middle East Region
Figure 2.6   Energy Consumption (KWH Per Capita) in Africa
Figure 2.7   CO2 Emission Parts Per Million (PPM) in the Atmosphere
Figure 2.8   Market Opportunity Impact Analysis
Figure 3.1   Competitive Landscape Snapshot
Figure 3.2   Market Share Analysis of HVACR Product Manufacturers, by Value (2015)
Figure 3.3   Recent Market Development Strategy Snapshot Analysis
Figure 3.4   Porter’s Five Forces Analysis for HVACR Equipment Market
Figure 4.1   Industry Analysis Snapshot
Figure 4.2   Some key HVACR Players in Different Segments
Figure 4.3   Value Chain Analysis
Figure 5.1   Middle East Volume (‘000 units), 2015-2022
Figure 5.2   Africa Volume (‘000 units), 2015-2022
Figure 5.3   Middle East Value ($Million), 2015-2022
Figure 5.4   Africa Value ($Million), 2015-2022
Figure 5.5   HVACR Product Types
Figure 5.10   Components of a Split AC
Figure 5.11   Outdoor Unit
Figure 5.12   Indoor Unit
Figure 5.13   ME Mini Split Air Conditioners Volume (‘000 units), 2015 and 2022
Figure 5.14   Africa Mini Split Air Conditioners Volume (‘000 units), 2015 and 2022
Figure 5.15   ME Mini Splits Air Conditioners Value ($Million), 2015 and 2022
Figure 5.16   Africa Mini Splits Air Conditioners Value ($Million), 2015 and 2022
Figure 5.17   Packaged Air Conditioners Types
Figure 5.18   Packaged Air Conditioners with Water Cooled Condenser
Figure 5.19   Packaged Air Conditioners with Air Cooled Condenser
Figure 5.20   ME Packaged Air Conditioners Volume (‘000 units), 2015 and 2022
Figure 5.21   Africa Packaged Air Conditioners Volume (‘000 units), 2015 and 2022
Figure 5.22   ME Packaged Air Conditioners Value ($Million), 2015 and 2022
Figure 5.23   Africa Packaged Air Conditioners Value ($Million), 2015 and 2022
Figure 5.24   Types of Chillers
Figure 5.25   Chiller Refrigeration Cycle Type
Figure 5.26   Chiller Vapour Compression Cycle
Figure 5.27   Chiller Absorption Refrigeration Cycle
Figure 5.28   Types of Absorption Chillers
Figure 5.29   ME Chillers Volume (‘000 units), 2015 and 2022
Figure 5.30   Africa Chillers Volume (‘000 units), 2015 and 2022
Figure 5.31   ME Chillers Value ($Million), 2015 and 2022
Figure 5.32   Africa Chillers Value ($Million), 2015 and 2022
Figure 5.33   ME AHU and FCU Volume (‘000 units), 2015 and 2022
Figure 5.34   Africa AHU and FCU Volume (‘000 units), 2015 and 2022
Figure 5.35   ME AHU and FCU Value ($Million), 2015 and 2022
Figure 5.36   Africa AHU and FCU Value ($Million), 2015 and 2022
Figure 5.37   HVACR Components Classification
Figure 5.38   HVAC Product Refrigeration Cycle
Figure 5.39   Saudi Arabia HVACR Manufacturers Competitive Analysis
Figure 5.40   Kingdom of Saudi Arabia Window and Portable Air Conditioner Units Volume (‘000
Figure 5.41   Kingdom of Saudi Arabia Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.42   Kingdom of Saudi Arabia Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.43   Kingdom of Saudi Arabia Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.44   Kingdom of Saudi Arabia AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.45   U.A.E. HVACR Manufacturers Competitive Analysis
Figure 5.46   U.A.E. Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.47   U.A.E Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.48   U.A.E Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.49   U.A.E. Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.50   U.A.E AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.51   Qatar HVACR Manufacturers Competitive Analysis
Figure 5.52   Qatar Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.53   Qatar Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.54   Qatar Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.55   Qatar Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.56   Qatar AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.57   Kuwait HVACR Manufacturers Competitive Analysis
Figure 5.58   Kuwait Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.59   Kuwait Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.60   Kuwait Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.61   Kuwait Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.62   Kuwait AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.63   Oman HVACR Manufacturers Competitive Analysis
Figure 5.64   Oman Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.65   Oman Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.66   Oman Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.67   Oman Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.68   Oman AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.69   Bahrain HVACR Manufacturers Competitive Analysis
Figure 5.70   Bahrain Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.71   Bahrain Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.72   Bahrain Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.73   Bahrain Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.74   Bahrain AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.75   Iran HVACR Manufacturers Competitive Analysis
Figure 5.76   Iran Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.77   Iran Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.78   Iran Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.79   Iran Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.80   Iran AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.81   Rest of Middle East HVACR Manufacturers Competitive Analysis
Figure 5.82   Rest of Middle East Window and Portable Air Conditioner Units Volume (‘000 uni
Figure 5.83   Rest of Middle East Mini Split Air Conditioner Units Volume (‘000 units), 2015
Figure 5.84   Rest of Middle East Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.85   Rest of Middle East Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.86   Rest of Middle East AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.87   Tunisia HVACR Manufacturers Competitive Analysis
Figure 5.88   Tunisia Window and Portable Air Conditioner Units Volume (‘000 units), 2015 an
Figure 5.89   Tunisia Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.90   Tunisia Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.91   Tunisia Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.92   Tunisia AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.93   Morocco HVACR Manufacturers Competitive Analysis
Figure 5.94   Morocco Window and Portable Air Conditioner Units Volume (‘000 units), 2015 an
Figure 5.95   Morocco Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.96   Morocco Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.97   Morocco Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.98   Morocco AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.99   Egypt HVACR Manufacturers Competitive Analysis
Figure 5.100   Egypt Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.101   Egypt Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.102   Egypt Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.103   Egypt Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.104   Egypt AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.105   Rest of North Africa HVACR Manufacturers Competitive Analysis
Figure 5.106   Rest of North Africa Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.107   Rest of North Africa Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.108   Rest of North Africa Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.109   Rest of North Africa Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.110   Rest of North Africa AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 5.111   South Africa HVACR Manufacturers Competitive Analysis
Figure 5.112   South Africa Window and Portable Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.113   South Africa Mini Split Air Conditioner Units Volume (‘000 units), 2015 and 2022
Figure 5.114   South Africa Single Packaged Units Volume (‘000 units), 2015 and 2022
Figure 5.115   South Africa Chiller Units Volume (‘000 units), 2015 and 2022
Figure 5.116   South Africa AHU and FCU Units Volume (‘000 units), 2015 and 2022
Figure 6.1   Gree: Overall Financials (2014-2015)
Figure 6.2   Gree: Revenue by Business Segment (2014-2015)
Figure 6.3   Gree: Revenue by Geography (2014-2015)
Figure 6.4   Gree: SWOT Analysis
Figure 6.5   Daikin: Overall Financials (2014-2016)
Figure 6.6   Daikin: Revenue by Geography (2014-2016)
Figure 6.7   Daikin: SWOT Analysis
Figure 6.8   L.G: Overall Financials (2014-2015)
Figure 6.9   L.G: Revenue by Business Segments (2014-2015)
Figure 6.10   L.G: Revenue by Geography (2014-2015)
Figure 6.11   L.G: SWOT Analysis
Figure 6.12   Midea: Overall Financials (2014-2015)
Figure 6.13   Midea: Revenue by Business Segment (2014-2015)
Figure 6.14   Midea: Revenue by Geography (2014-2015)
Figure 6.15   Midea: SWOT Analysis
Figure 6.16   United Technologies: Overall Financials (2014-2015)
Figure 6.17   United Technologies: Revenue by Business Segment (2014-2015)
Figure 6.18   United Technologies: Revenue by Geography (2014-2015)
Figure 6.19   United Technologies: SWOT Analysis
Figure 6.20   Zamil Industrial: Overall Financials (2014-2015)
Figure 6.21   Zamil Industrial: Revenue by Business Segments (2014-2015)
Figure 6.22   Zamil Industrial: Revenue by Geography (2014-2015)
Figure 6.23   Zamil Industrial: SWOT Analysis
Figure 6.24   Samsung: Overall Financials (2014-2015)
Figure 6.25   Samsung: Revenue by Business Segment (2014-2015)
Figure 6.26   Samsung: Revenue by Geography (2014-2015)
Figure 6.27   Samsung: SWOT Analysis
Figure 6.28   Johnson Controls: Overall Financials (2014-2016)
Figure 6.29   Johnson Controls: Revenue by Business Segment (2014-2016)
Figure 6.30   Johnson Controls: Revenue by Geography (2014-2016)
Figure 6.31   Johnson Controls: SWOT Analysis
Figure 6.32   Ingersoll Rand: Overall Financials (2014-2015)
Figure 6.33   Ingersoll Rand: Revenue by Business Segment (2014-2015)
Figure 6.34   Ingersoll Rand: Revenue by Geography (2014-2015)
Figure 6.35   Ingersoll Rand: SWOT Analysis
Figure 6.36   Percentage Split Between Business Strategies during 2014-2016
Figure 6.37   Percentage Split in Business Strategies during 2014-2016

Key Questions Answered in this Report

The following key questions are answered in the “Middle East and Africa Heating, Ventilation Air-conditioning and Refrigeration (HVACR) Market, 2016-2022” report:

What are major types of HVACR products prevalent in Middle East and Africa region?
Who are the major players in Middle East and Africa HVAC market and their respective company profile?
What are the key market developments and strategies of leading players in Middle East and Africa HVACR market?
What are major drivers, challenges and opportunities for Middle East and Africa HVACR market?
What is the market size (value and volume) of window and portable/moveable air conditioners in major countries across Middle East and Africa (both North Africa and South Africa) region?
What is the market size (value and volume) of split systems in different countries across Middle East and Africa (both North Africa and South Africa) region?
What is the market size (value and volume) of single packed systems in different countries across Middle East and Africa (both North Africa and South Africa) region?
What is the market size (value and volume) of chillers in Africa (both North Africa and South Africa) and major countries across Middle East and Africa HVACR market?
What is the market size (value and volume) of both water–cooled and air-cooled AHU and FCU in different countries across Middle East and Africa (both North Africa and South Africa) region?
What is the market size (value) of refrigeration cycle components across different products?
What is the market share of top five HVACR players in the Middle East and Africa HVACR market?

Market Overview

The demand of regulating temperature expanded from industries to large commercial buildings and household applications. HVACR systems are gradually becoming more of a necessity rather than mere luxury products in countries across the Middle East & Africa (MEA) region. Countries such as Saudi Arabia and the United Arab Emirates (U.A.E.) account for the major share of HVACR market in the MEA region primarily due to perennial hot climate, growing population, infrastructure, along with urban development among others.

Middle East HVACR market volume is expected to reach a volume of 6,490.83 thousand units by 2022. The demand for HVACR products in the Middle East market is mainly driven by factors such as rising population, developments in the residential markets, along with growing commercial and industrial units, among others. The Middle East HVACR product market is witnessing a gradual emergence of new cost-effective and energy efficient technologies that meet the required standards and regulations, as well as attempts to fulfill growing customer demands.

Africa HVACR market volume is expected to reach a volume of 3,595.48 thousand units by 2022. The demand for HVACR products in the African market is mainly driven by factors such as increasing consumer demands for low-cost, energy efficient products as well as rise in residential, commercial and industrial developments in the region.

In 2015, Middle East mini split market volume was largest. The demand for mini split products in the Middle East market is mainly driven by factors such as ease of installation, small size, and less energy consumption in residential and commercial buildings.

Qatar HVACR is expected to grow at the highest CAGR during 2016-2022 owing to the higher demand from hospitality and tourism industry because of the FIFA world cup in 2022.
Saudi Arabia acquired largest volume in 2015. The country faces extreme climatic conditions throughout the year. Furthermore, growth in residential sector is elevating the demand of air conditioners in this country.

The U.A.E. acquired second largest market in terms of volume because of the purchasing power of the population including the foreign resident workersliving in this country.
Iran market is expected to remain flat during 2016-2022.

For North Africa, Morocco is expected to grow at the highest CAGR during 2016-2022 because of increasing housing projects in this country.
Egypt dominated the HVACR market in 2015 owing to its strategic location (convenient logistic routes) proximity with other markets such as Middle East along with young demographics.

Report Description

Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market in the Middle East and Africa (MEA) market is primarily driven by the rising infrastructure projects in the region. Leading manufacturers in the HVACR industry are tapping this market by introducing cost effective, energy efficient products in the region. The rising electricity demand in the region has prompted government and regulators to develop stringent policies and regulations that govern the HVACR units operation in the region. Moreover, the HVACR market in the region is witnessing a shift towards sustainable HVAC products that use renewable sources of energy such as solar energy and ground-cooling technology such as Geothermal Heat Pumps (GHPs).

This study includes an overview and analysis of the Middle East and Africa Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market, by type of products and components across different countries, allowing the researcher to develop a comprehensive outlook of the market. The report provides an extensive insight into various forms of developments, trends, and key participants. While highlighting the key driving and restraining forces for this dynamic market, the report also provides an in-depth analysis of the Porter’s five forces model of the HVACR market and an assessment of the factors governing it.The report builds itself upon an all-inclusive value chain providing a clear understanding of the ecosystem of the energy efficient devices market penetration.

The report includes the profiles of major players such as Carrier, Trane, Johnson controls, Daikin, along with local players such as SKM Air conditioning and Zamil Air Conditoners, among others in the HVACR market, allowing the readers to gain an insight into the various industry trends.