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2.8 MIDDLE EAST
2017/11/26
The large scale of the Middle Eastern chiller market remained unchanged in 2016, but its rate of growth slowed. The two largest markets in the region are Saudi Arabia and Iran, and both recorded double-digit market contractions. Nevertheless, Dubai in the UAE will be hosting the World Expo 2020, which is just one of many anticipated large projects in the region. These projects should boost the growth potential of chiller demand, especially for centrifugal chillers.
 
Global market leaders from the United States have dominated the chiller market in the Middle Eastern region, and their brands are well known in the market. These manufacturers entered the market at an early stage and have overcome various hurdles peculiar to the Middle East, such as fluctuations in power source frequency and voltage in the hot and humid climate as well as obligations to meet the respective safety and other standards of Middle Eastern countries. Large projects in the Middle East often use a spec-in design process and U.S. chiller brands.
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