Report ID: UCMIR25E2026
Report ID:
UCMIR25E2026 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Middle East District Cooling market had a size of more than USD 5 billion in 2021 and is projected to grow at a CAGR of over 9% between 2022 and 2030. This growth is driven by the effects of global warming, which have caused a drastic climate change resulting in increased surface temperatures. According to climate.gov, the Earth's temperature has risen by 0.18° C per decade since 1981, and 2021 was recorded as the sixth-warmest year on record.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Consumer Electronics by segment aggregation, the contribution of the Consumer Electronics in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIR25E2026