(MENAFN- Market Press Release)
During the last few years, the market recorded the highest growth in Dubai, on account of the fact that the city was the most densely populated metropolis and the financial hub of the country. Moreover, the industry would register huge growth in the city in the forthcoming years as well, due to the increasing tourism activities and several major international events being announced there such as the Dubai Expo 2020.
One of the biggest trends presently being witnessed in the U.A.E. heating equipment market is the usage of energy-efficient devices. Unlike the conventionally used systems, these variants consume very less energy. This massively reduces greenhouse gas emissions. In addition to this, these energy-efficient devices reduce the electricity expenditure of users. The country is enacting various policies for reducing the utilization of valuable resources such as natural gas and crude oil.
The market is also classified, on the basis of end user, into commercial, residential, and industrial. Amongst these, the commercial category registered the highest growth in the market in the past years. This was because of the presence of several hotels & restaurants, healthcare facilities, commercial offices and buildings, and other commercial establishments in the country.
Hence, it is safe to say that the market will grow substantially in the years to come, on account of the expansion of the hospitality industry and the increasing number of construction projects being announced in the country. This market research report provides a comprehensive overview of the U.A.E. heating equipment market
* Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
For more information, visit: [...]
MENAFN15012021003520003262ID1101437269
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.