GCC HVAC Rental Market Trends & Insights, 3.48% CAGR to 2028

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled GCC HVAC Rental Market Research Report: Forecast (2023-2028). This report provides a detailed assessment of the GCC HVAC Rental Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2018-21
• Base Years: 2022
• Forecast year - 2023-2028

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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GCC HVAC Rental Market Outlook

According to the report, The GCC HVAC Rental market size is valued at around USD 192 million in 2024 and is projected to grow at a CAGR of around 3.48% during the forecast period, i.e., 2023-28. This is owing to the presence of hot & harsh climatic conditions in the region, which makes air cooling a requirement for all the inhabitants. This makes HVAC systems essential for maintaining comfortable indoor environments in residential, commercial, and industrial settings, which is further supporting the market for rental HVACs in the region.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

GCC HVAC Rental Market Drivers:

Rising Infrastructure Development Projects to Support the Market - The GCC region witnessed considerable growth in construction activity owing to the development of transportation, commercial & residential spaces, etc. The major economies of the region, such as the UAE, Saudi Arabia, Kuwait, etc., are more focused on constructing commercial buildings like airports, metro malls, and others. Therefore, the rise in construction activity is driving the market for rental HVAC across the region. Furthermore, the accelerating tourism in the countries such as the UAE, Egypt, Saudi Arabia, etc., has led to the construction of commercial buildings such as lavish hotels, retail malls, resorts, and various others.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/gcc-hvac-rental-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

GCC HVAC Rental Market Trends:

Emergence of Long-Term Rental Contracts in the GCC Rental Market - HVAC rental customers in the GCC countries to secure reliable and cost-effective HVAC solutions for extended periods have started indulging in long-term rental contracts in recent years. These contracts allow customers to avoid the high capital expenditure associated with purchasing HVAC equipment, as they only have to pay a fixed rental fee for the duration of the contract, which is why customers are seeking to secure their HVAC needs for several years, rather than just renting equipment for short-term projects. Further, it also helps customers to manage their cash flows more effectively and frees up capital for other investments. Thus, these long-term contracts are widening the revenue prospect for companies in the GCC region.

GCC HVAC Rental Market Segmentation

The study categorizes the GCC HVAC Rental Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

• Room Air Conditioners
  • Split & Window Units
  • Cassette
  • Packaged
  • Others (Floor Standing, etc.)
• Centralised Air Conditioners
  • Chillers
  • VRFs
  • Others (AHU & FCU)
• Others (Heating Equipment, etc.)

By Application

• Construction
• Events
• Breakdown of Equipment

By Duration

• Short Term (>15 days)
• Long Term (15 days or more)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Countries

• The UAE
• Saudi Arabia
• Qatar
• Kuwait
• Oman
• Bahrain

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/gcc-hvac-rental-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in GCC HVAC Rental Market Worldwide: Players, Analysis & Future Outlook

Johnson Controls (York), Aggreko, Ingersoll Rand (Trane), Byrne Equipment Rental, Andrews Sykes Climate Rental, Rental Solutions & Services, Foster International, GAMI, GEO Rental Solutions, Energia, Prime Chiller Cooling Systems PLC, Others are the top companies in the GCC HVAC Rental Market.

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2023 to 2028.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/gcc-hvac-rental-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the GCC HVAC Rental Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the GCC HVAC Rental Market?
4. Who are the prominent players in the GCC HVAC Rental Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.

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