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2.9 MIDDLE EAST: UAE
2018/01/22
In 2017, UAE RAC market scale decreased by 2.8%, down to 537,000 units, and PAC sales also decreased to about 192,000 units. Window-type units comprised approximately 50% of the RAC market.
 
Despite the downward trend in 2017, UAE is a potential market thanks to a boom in construction market. The UAE construction market is one of the most active markets in the GCC with a large number of high-value projects spread across different sectors. These projects are driven by the growing population and visitors as well as infrastructure needs for Expo 2020 Dubai to be held from October 2020. This will be the first World Expo held in the Middle East, Africa, and South Asia (MEASA) region, and the first hosted by an Arab nation.
 
The HVAC market in Dubai has been steadily growing over the past few years due to the high volume of construction in the city. Moreover, the hot regional climate leads to high energy consumption and creates the need for high-efficiency units. Many large development projects adopt district cooling supplemented with PAC or VRF systems. This is a specialized market with its own particular demand.
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