Market Share of Middle East And Africa Commercial HVAC Industry
The Middle East and Africa commercial HVAC market is fragmented, favorably competitive, and has several prominent players. The market performers focus on expanding their consumer base across the region by leveraging strategic collaborative initiatives to increase their market share and profitability. These enterprises leverage strategic collaborative initiatives to boost their market share and profitability. Companies such as Carrier Corporation, Daikin Industries Ltd, Robert Bosch GmbH, Lennox International Inc., and Johnson Controls International PLC are performing in the market.
- In April 2024, Mekar announced joining Eurovent Middle East to support the adoption of sustainable technologies. This action highlights the importance of industry groups working together to address issues facing the HVACR sector and develop regulations for the Middle East.
- In March 2024, Carrier Global Corporation and Alat, a Public Investment Fund company, announced a strategic partnership to build a manufacturing and research and development (R&D) facility in Saudi Arabia. This new facility will deliver advanced heating, ventilation, and air conditioning (HVAC) solutions.
Middle East And Africa Commercial HVAC Market Leaders
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Daikin Industries, Ltd.
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Carrier Corporation
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Lennox International Inc.
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Johnson Controls Plc
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Robert Bosch GmbH
*Disclaimer: Major Players sorted in no particular order