1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Middle East District Cooling Market to hit $12bn by 2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Middle East District Cooling industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more. Middle East District Cooling industry  Increasing investments toward infrastructure development across the GCC countries coupled with growing demand for reliable and cost-efficient cooling systems will drive the district cooling market size. Rapid urbanization along with ongoing construction developments across government projects in prominent cities of Saudi Arabia including Mecca and Riyadh will stimulate the product penetration. In 2015, Emicool underlined its plan to expand its DC plant capacity to 250,000 tons of refrigeration in line with the expansion of the Dubai Investments Park as a part of its growth strategy for Dubai World Expo 2020.  Commercial district cooling market size is set to exceed 8 Million RT by 2024. Hotels, malls, shops, offices and hospitals are some of the key applications area. Increasing emphasis on energy conservation along with rising demand for Leadership in Energy and Environmental Design (LEED) certified buildings will positively impact the business growth. Key Insights from Middle East District Cooling Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Flourishing construction sector coupled with ongoing government targets towards energy efficiency will fuel the UAE district cooling market growth. Companies in the UAE including Empower and Logstor as a part of strategy entered into a joint venture to use fibre optic networks in their large DC systems for conservation of water resources in cooling distribution and production.  Growing adoption of sustainable energy to meet the escalating energy demand will embellish the district cooling market. Government legislations toward promotion of energy efficient and economical cooling solutions coupled with rising environmental concerns will stimulate the product penetration. The Dubai Integrated Energy Strategy 2030 developed in line with the Green Growth Strategy and the UAE Vision 2021 has set strategic directions toward secure and uninterrupted sustainable energy supply.  Torrid weather conditions and high humidity climate zones across Middle East will propel the district cooling market. The GCC countries experiences the longest summers with highest temperatures reaching about 540 C in 2016. Continued...

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Absorption cooling in 2016 accounted for over 6% of district cooling market revenue. This technique is eco-friendly in nature and utilizes waste energy for production purposes. It utilizes heat as a source of energy and helps reduce the use of electrically driven cooling, thereby reducing carbon dioxide emissions.  Qatar district cooling market share was valued at over 8% of market revenue in 2016. Significant expansion of DC systems and strategic government plans to reduce energy consumption will stimulate the market growth. The Qatar’s National Vision 2030 aims at achieving sustainable development of the country by transforming and providing high standard of living for its citizens.  Notable players in the district cooling market include Emirates District Cooling (Emicool), Emirates Central Cooling System (Empower) and National Central Cooling Company PJSC (Tabreed). Other industry participants include Qatar Cool, Stellar Energy, Siemens, Marafeq Qatar, ADC Energy, Shinryo Corporation and Logstor. Continued...

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Saudi Arabia District Cooling Market, By Production Technique, 2016 & 2024 (Million RT)

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Middle East District Cooling Market @ http://bit.ly/2wF11G0http://bit.ly/2wF11G0 Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2031

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  By Application Commercial district cooling market is predicted to exceed over 8 million RT by 2024. Increasing private investments towards the development of energy efficient commercial building structures to facilitate the daily needs of growing urban population will fuel the business growth. Residential district cooling market will witness strong growth owing to escalating energy prices along with growing in urban population. In 2016, Emicool, announced its plan to increase its DC plant capacity to 500,000 RT by 2020 as a part of its Dubai Investments Park expansion.  By Region Trends Saudi Arabia district cooling market size in 2016 was valued over USD 1.5 billion. Rising demand for energy efficient cooling systems to facilitate with green building standards will stimulate the industry size. Increasing commercial and residential construction activities across prominent cities of Mecca and Riyadh coupled with favorable government initiatives toward deployment of DC systems will further complement the industry landscape.  Competitive Market Share Notable players in the district cooling market include Emirates District Cooling (Emicool), Emirates Central Cooling System (Empower) and National Central Cooling Company PJSC (Tabreed). Other industry participants include Qatar Cool, Stellar Energy, Siemens, Marafeq Qatar, ADC Energy, Shinryo Corporation and Logstor. 360° Analysis

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