Saudi Arabia Condensing Unit Market, By Type (Air-Cooled Condensing Unit, Water-Cooled Condensing Unit and Evaporative Condensing Unit), By Application (Commercial, Industrial and Transportation), By Function (Air Conditioning, Refrigeration and Heat Pumps), By Company and By Geography, Forecast & Opportunities, 2023

Saudi Arabia Condensing Unit Market is predicted to grow at a high CAGR by 2023, due to the growing need for replacing the traditional coolants with natural coolants like water, carbon dioxide that do not harm the ozone layer. Moreover, the rising applications of condensing units across various industries and the increasing refrigerator market in the country due to growing disposable income of consumers, will propel the growth of the market in the next five years. Based on the type, the air-cooled condensing unit segment leads the market and is expected to maintain its position by 2023, 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 and cooling in various industries like retail, healthcare & hospitals, dairy etc.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

• To analyse and forecast the market size of Saudi Arabia Condensing Unit Market, in terms of value and volume.
• To classify and forecast Saudi Arabia Condensing Unit based on type, application, function and regional distribution.
• To identify drivers and challenges for Saudi Arabia Condensing Unit Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Condensing Unit Market.
• To conduct the pricing analysis for Saudi Arabia Condensing Unit Market.
• To identify and analyse the profile of leading manufacturers in the Saudi Arabia Condensing Unit Market.

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Some of the leading players in the Saudi Arabia Condensing Unit Market are Carrier Corporation, Voltas, Emerson Electric Company, GEA Group, Bitzer, Heatcraft Worldwide Refrigeration, Baltimore Aircoil Company, Danfoss, SCM Frigo, Advansor etc

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Condensing Unit manufacturers in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Condensing Unit manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Condensing Unit manufacturers in Saudi Arabia.

TechSci Research calculated the market size of Saudi Arabia Condensing Unit Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

• Condensing Unit Manufacturers
• Dealers and Suppliers
• Regulatory organizations.
• Raw material suppliers and distributors.
• Research organizations and consulting companies.
• Trade Associations
• Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia Condensing Unit Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
• Air-Cooled Condensing Unit
• Water-Cooled Condensing Unit
• Evaporative Condensing Unit
• Market, By Application:
• Commercial
• Industrial
• Transportation
• Market, By Function:
• Air Conditioning
• Refrigeration
• Heat Pumps
• Market, by Region:
• Northern Region
• Southern Region
• Central Region
• Eastern Region
• Western Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Condensing Unit Market segment.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]