UAE Air Conditioners Market to Grow at CAGR 9% Till 2021: TechSci Research Report
Summary
Moreover, residential sector is the largest demand generator for air conditioners in the UAE, due to increasing population base and rising number of household units.Abu Dhabi and Dubai are major cities that have witnessed growth in number of houses and gross leasable office area and this trend is anticipated to grow during the forecast period.Contact Mr. Ken Mathews 708 Third Avenue, Manhattan, NY, New York – 10017 Tel: +1-646-360-1656 Email: sales@techsciresearch.com New York, NY, December 22, 2016 --( PR.com )-- According to a recently published TechSci Research report, “UAE Air Conditioners Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2011 - 2021,” air conditioners market in the UAE is forecast to grow at a CAGR of over 9% during 2016-2021, on account of implementation of government initiatives to improve the country’s infrastructure, due to upcoming events such as World Expo 2020, Dubai Plan 2021 and Abu Dhabi Vision 2030.Moreover, residential sector is the largest demand generator for air conditioners in the UAE, due to increasing population base and rising number of household units.Abu Dhabi and Dubai are major cities that have witnessed growth in number of houses and gross leasable office area and this trend is anticipated to grow during the forecast period.