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UAE Condensing Unit Market Size, Trend and Growth Analysis Report 2024

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UAE Condensing Unit Market is expected to grow at a robust CAGR over the next five years, due to the growing use of condensing units in air-conditioners to improve their performance and efficiency. Moreover, the increasing commercial complexes & office spaces coupled with the rising demand for natural coolants & refrigerants which do not damage the environment, will drive the growth of the market in the next five years.   Based on the type, the air-cooled condensing unit segment is expected to hold the largest market share in the forecast period due to its commercial applications, lower maintenance and setting up costs. Based on the application, the industrial segment is estimated to hold the largest market share in the forecast period due to the increasing need of advanced refrigeration in retail stores, hospitals, dairy, and cooling systems. Years considered for this report: Historical Years: 2013-2016 Base Year: 2017 Estimated Year: 2018 Forecast Period: 2018–2023 Object...

Condensing Unit Market Size and Growth Report 2024

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Condensing Unit Market is expected to reach USD 32.53 Billion over the next five years, witnessing growth at a CAGR of over 8%, in value terms   due to the growing applications of condensing units in air-conditioners coupled with the rising demand for natural coolants & refrigerants like water, carbon dioxide etc which do not harm the ozone layer. Moreover, factors like increased shelf-life due to the use of condensing units in refrigerators and air conditioners along with the increase in disposable incomes of consumers globally, will propel the growth of the market in the next five years.   Based on the type, the air-cooled condensing unit segment is expected to hold the largest market share in the forecast period due to its commercial applications, lower maintenance and setting up costs. Based on the application, the industrial segment is estimated to hold the largest market share in the forecast period due to the increasing need of advanced refrigeration in retail store...