Middle Eastern Temporary Power and Cooling Market Size, Share, and COVID-19 Impact Analysis, By Equipment (Cooling Tower, AHU, Air Conditioner, Chiller), By Power Rating (Up To 500kVA, 501–1,000 kVA, 1,001–1,250 kVA, and Above 1,250 kVA), By Application (Construction, Oil & gas, Utilities, Real-estate & Data Center, Events, Marine, Military Manufacturing), By Region (Saudi Arabia, UAE, Oman, Bahrain, Kuwait, Qatar, Rest of the Middle East), and Middle Eastern Temporary Power and Cooling Market Insights Forecasts 2023 – 2033

Industry: Energy & Power

RELEASE DATE Jan 2024
REPORT ID SI3613
PAGES 200
REPORT FORMAT PathSoft

Middle Eastern Temporary Power and Cooling Market Insights Forecasts to 2033

  • The Middle Eastern Temporary Power and Cooling Market Size was valued at USD 1,101 Million in 2023.
  • The Market Size is Growing at a CAGR of 11.93% from 2023 to 2033.
  • The Middle Eastern Temporary Power and Cooling Market Size Expected to Reach USD 3397 Million by 2033.

Middle Eastern Temporary Power and Cooling Market

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The Middle Eastern Temporary Power and Cooling Market Size is expected to reach USD 3397 Million by 2033, at a CAGR of 11.93% during the forecast period 2023 to 2033.  

 

Market Overview

Climate control and cooling are critical in a variety of industries, particularly in the scorching desert environment. Industries such as data centers, healthcare, and manufacturing rely on precise temperature and humidity control to maintain the integrity of their equipment and products. Temporary cooling solutions are critical for responding to emergencies or providing additional cooling capacity during peak demand periods. These solutions help to avoid overheating, equipment malfunctions, and the potential loss of valuable data and products. In Middle Eastern, businesses, industries, and individuals depend heavily on a consistent and dependable power supply. Unplanned power outages and fluctuations can disrupt operations, damage equipment, and cause significant financial losses. As a consequence, the demand for temporary power solutions has increased significantly. Temporary power solutions provide a versatile, scalable, and dependable source of electricity that can be rapidly deployed to address power outages or supplement existing infrastructure. These solutions are critical for businesses seeking to ensure seamless operations, whether in industrial, commercial, or residential settings. The temporary power and cooling market is expanding rapidly as businesses and individuals recognize the importance of temporary solutions in providing dependable, scalable, and efficient power supply and environmental control. Furthermore, demand for these services in a variety of sectors will remain high, contributing to the Middle Eastern region's resilience and operational stability. This emphasizes the importance of temporary power and cooling solutions in shaping the future of infrastructure development and disaster preparedness in the Middle East region.

 

Report Coverage

This research report categorizes the market for the Middle Eastern temporary power and cooling market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Middle Eastern temporary power and cooling market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Middle Eastern temporary power and cooling market.                 

 

Middle Eastern Temporary Power and Cooling Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 1,101 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :11.93%
2033 Value Projection:USD 3397 Million
Historical Data for:2019-2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Equipment, By Power Rating, By Application, By Region
Companies covered:: Aggreko, RSS, Altaaqa, Cummins, Byrne; and for temporary cooling include Aggreko, Johnson Controls, Geo Rental, Argonaut, and Other Key Vendors.
Pitfalls & Challenges:COVID-19 Empact,Challenges, Future, Growth, & Analysis

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Driving Factors

One of the primary factors driving the Middle Eastern temporary power and cooling market is the country's rapid infrastructure development and urbanization. As new buildings and infrastructure are built, there is a significant demand for temporary power and cooling solutions. This factor demonstrates the close relationship between infrastructure development, urbanization, and the demand for temporary power and cooling solutions in the Middle East, making it a significant driver of growth. Another key driver of the Middle Eastern temporary power and cooling market is the rapid expansion of the event and entertainment industry in the Kingdom, and the Middle East's industrial and manufacturing sectors are experiencing significant growth and technological advancements. Furthermore, temporary cooling solutions are critical for maintaining controlled temperatures in industrial facilities, thereby preserving product quality and equipment efficiency. The incorporation of advanced technologies into these industries has also increased the demand for temporary power to support the implementation of automation, data centers, and precision machinery.

 

Restraining Factors

The challenging climate conditions in the Middle East pose an important obstacle to the temporary power and cooling market, as does the reliability of the Middle Eastern power grid. Furthermore, balancing the need for scalable temporary power and cooling solutions with the varying short-term and long-term needs of businesses and industries poses an additional obstacle in the Middle Eastern temporary power and cooling market.

 

Market Segment

  • In 2023, the chiller segment accounted for the largest revenue share over the forecast period.

Based on equipment, the Middle Eastern temporary power and cooling market is segmented into cooling towers, AHUs, air conditioners, and chillers. Among these, the chiller segment has the largest revenue share over the forecast period. chiller offers high energy efficiency, improved performance, easy maintenance, and space optimization. Furthermore, increasing government policies promoting efficient energy use in industries are expected to drive demand for chillers during the forecast period. According to the report, data center companies in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE intend to expand their existing data center facilities. All of these factors would increase the demand for temporary power and cooling during the forecast period.

 

  • In 2023, the 1,001–1,250 kVA segment is witnessing significant growth over the forecast period.

Based on power rating the Middle Eastern temporary power and cooling market is segmented into up to 500 kVA, 501–1,000 kVA, 1,001–1,250 kVA, and above 1,250 kVA. Among these, the 1,001–1,250 kVA segment is witnessing significant growth over the forecast period. This is due to the increasing demand for high-power temporary power and cooling solutions for a variety of applications, such as construction sites, oil and gas projects, events and festivals, industrial facilities, and disaster relief operations. The 1,001-1,250 kVA segment is ideal for these applications because it strikes an appropriate balance between power and portability. These units are also relatively simple to install and maintain, making them an affordable option for short-term requirements. The increasing number of large-scale projects underway in the Middle East is also driving growth in the 1,001-1,250 kVA segment. These projects require a lot of power and cooling, so temporary power and cooling solutions are frequently the best option.

 

  • In 2023, the events segment accounted for the largest revenue share over the forecast period.

Based on application, the Middle Eastern temporary power and cooling market is segmented into construction, oil & gas, utilities, real estate & data center, events, marine, and military manufacturing. Among these, the events segment has the largest revenue share over the forecast period. A high disposable income and rising international tourism in the region have resulted in a large number of events. Thus, rising event activities in the Middle East, such as Expo 2020, Dubai Sports World, Gulf International Industry Fair, and ME Oil & Gas Show and Conference, would increase the demand for temporary power solutions to avoid blackouts and provide dependable and efficient performance. For example, Dubai is hosting Expo 2020, which is expected to draw over 20 million visitors to the city. Other international events, such as the FIFA World Cup 2022, exhibitions, and expos, are expected to expand at the fastest rate in the Middle East. These factors would increase the demand for temporary power and cooling solutions in the region.

 

  • Saudi Arabia is projected to have the largest share of the Middle Eastern temporary power and cooling market over the forecast period.

Based on region, Saudi Arabia is projected to have the largest share of the Middle Eastern temporary power and cooling market over the forecast period. Climate control and cooling are critical in a variety of industries, particularly in Saudi Arabia's hot desert climate. Data centers, healthcare, and manufacturing industries all rely on precise temperature and humidity control to keep their equipment and products in excellent condition, and Saudi Arabia is becoming a popular destination for events, conferences, and large gatherings such as international sporting events, cultural festivals, and business expos. Saudi Arabia's temporary power and cooling market's rapid infrastructure development and urbanization are major drivers of its growth. As new buildings and infrastructure are built, there is a high demand for temporary power and cooling solutions in Saudi Arabia.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Middle Eastern temporary power and cooling market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Aggreko
  • RSS
  • Altaaqa
  • Cummins
  • Byrne; and for temporary cooling include Aggreko
  • Johnson Controls
  • Geo Rental
  • Argonaut
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting and Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Middle Eastern temporary power and cooling market based on the below-mentioned segments:

 

Middle Eastern Temporary Power and Cooling Market, By Equipment

  • Cooling Tower
  • AHU
  • Air Conditioner
  • Chiller

 

Middle Eastern Temporary Power and Cooling Market, By Power Rating

  • Up To 500kVA
  • 501–1,000 kVA
  • 1,001–1,250 kVA
  • Above 1,250 kVA

 

Middle Eastern Temporary Power and Cooling Market, By Application

  • Construction
  • Oil & gas
  • Utilities
  • Real estate & Data Center
  • Events
  • Marine
  • Military Manufacturing

 

Middle Eastern Temporary Power and Cooling Market, By Region

  • Saudi Arabia
  • UAE
  • Oman
  • Bahrain
  • Kuwait
  • Qatar
  • Rest of the Middle East

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