Middle East & Africa HVAC Controls Market Forecast to 2030

According to the research team’ research, the Middle East & Africa HVAC controls market was valued at US$ 548.19 million in 2022 and is expected to reach US$ 1,979.19 million by 2030, registering a CAGR of 17.4% from 2022 to 2030. Implementation of smart, connected, and energy efficient IOT-enabled HVAC systems and advancement in green technology are the critical factors attributed to the Middle East & Africa HVAC controls market expansion.

Lighting and HVAC systems use the most energy in commercial or residential buildings. Air conditioners and electric fans contribute to ~20% of the total electricity consumption in a building. As per a report by International Energy Agency (IEA), the energy demand from air conditioners is expected to grow three times by 2050. Implementation of IoT into HVAC systems enables remote appliance control and significantly better customer-centric services. Main advantage of integrating IoT in the energy sector is the operational insight into HVAC appliances and techniques to reduce energy usage significantly. HVAC contractors can get their devices to monitor occupancy inside the building by combining smart devices with motion sensors. The system might recommend that the customer dial down the heating (or cooling) to save energy through an app message when there is no movement for an extended time inside the building. Moreover, the controls use the most recent networking and AI technologies, enabling them to gradually learn the preferences of the tenants and adapt to their comfort requirements. HVAC manufacturers aim to grow their market share by offering consumers intelligent HVAC solutions. Implementation of machine-to-machine (M2M) connectivity with IoT in various applications supports cost savings, resource conservation, predictive maintenance, comfort control, and healthy building performance. As a result, there is a higher need for IoT-based HVAC control systems. Thus, implementation of smart, connected, and energy-efficient IoT-enabled HVAC systems bolsters the Middle East & Africa HVAC controls market growth.

On the contrary, high cost and technical complexities hurdles the growth of Middle East & Africa HVAC controls market.

Based on component, the Middle East & Africa HVAC controls market is bifurcated into hardware and software & services. The hardware segment held 64.3% share of Middle East & Africa HVAC controls market in 2022, amassing US$ 352.74 million. It is projected to garner US$ 1,311.80 million by 2030 to expand at 17.8% CAGR during 2022–2030. The hardware segment is further segmented into sensor, controllers, smart vents, and others.

Based on installation type, the Middle East & Africa HVAC controls market is bifurcated into new installation and retrofit. The retrofit segment held 74.4% share of Middle East & Africa HVAC controls market in 2022, amassing US$ 407.81 million. It is projected to garner US$ 1,515.06 million by 2030 to expand at 17.8% CAGR during 2022–2030.

Based on system, the Middle East & Africa HVAC controls market is segmented into temperature control system, humidity control system, ventilation control system, and integrated control system. The temperature control system segment held 45.3% share of Middle East & Africa HVAC controls market in 2022, amassing US$ 248.45 million. It is projected to garner US$ 959.02 million by 2030 to expand at 18.4% CAGR during 2022–2030.

Based on end user industry, the Middle East & Africa HVAC controls market is segmented into residential, commercial, and industrial. The commercial segment held 65.4% share of Middle East & Africa HVAC controls market in 2022, amassing US$ 358.28 million. It is projected to garner US$ 1,341.74 million by 2030 to expand at 17.9% CAGR during 2022–2030.

Based on country, the Middle East & Africa HVAC controls market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 43.6% share of Middle East & Africa HVAC controls market in 2022. It was assessed at US$ 238.82 million in 2022 and is likely to hit US$ 921.01 million by 2030, exhibiting a CAGR of 18.4% during 2022–2030.

Key players operating in the Middle East & Africa HVAC controls market report Carrier Global Corporation; DAIKIN INDUSTRIES, Ltd.; Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric SE; Siemens AG; and Lennox International Inc., among others.

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa HVAC Controls Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in The Value Chain
5. Middle East & Africa HVAC Controls Market – Key Industry Dynamics
5.1 Middle East & Africa HVAC Controls Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Growth in Construction Sector
5.2.2 Implementation of Smart, Connected, and Energy Efficient IOT-enabled HVAC Systems
5.3 Market Restraints
5.3.1 High Cost and Technical complexities
5.4 Market Opportunities
5.4.1 Rising Adoption of Cloud Computing in HVAC
5.4.2 Development of Smart Cities
5.5 Future Trends
5.5.1 Advancement in Green Technology
5.6 Impact of Drivers and Restraints:
6. HVAC Controls Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa HVAC Controls Market Revenue (US$ Million), 2022 – 2030
6.2 Middle East & Africa HVAC Controls Market Forecast and Analysis
7. Middle East & Africa HVAC Controls Market Analysis – Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.1.3 Sensor
7.1.3.1 Overview
7.1.3.2 Sensor Market, Revenue and Forecast to 2030 (US$ Million)
7.1.4 Controllers
7.1.4.1 Overview
7.1.4.2 Controllers Market, Revenue and Forecast to 2030 (US$ Million)
7.1.5 Smart Vents
7.1.5.1 Overview
7.1.5.2 Smart Vents Market, Revenue and Forecast to 2030 (US$ Million)
7.1.6 Others
7.1.6.1 Overview
7.1.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software & Services
7.2.1 Overview
7.2.2 Software & Services Market, Revenue and Forecast to 2030 (US$ Million)
8. Middle East & Africa HVAC Controls Market Analysis – Installation Type
8.1 Retrofit
8.1.1 Overview
8.1.2 Retrofit Market Revenue, and Forecast to 2030 (US$ Million)
8.2 New Installation
8.2.1 Overview
8.2.2 New Installation Market Revenue, and Forecast to 2030 (US$ Million)
9. Middle East & Africa HVAC Controls Market Analysis – System
9.1 Temperature Control System
9.1.1 Overview
9.1.2 Temperature Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Integrated Control System
9.2.1 Overview
9.2.2 Integrated Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Ventilation Control System
9.3.1 Overview
9.3.2 Ventilation Control System Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Humidity Control System
9.4.1 Overview
9.4.2 Humidity Control System Market Revenue, and Forecast to 2030 (US$ Million)
10. Middle East & Africa HVAC Controls Market Analysis – End User
10.1 Commercial
10.1.1 Overview
10.1.2 Commercial Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Industrial
10.2.1 Overview
10.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Residential
10.3.1 Overview
10.3.2 Residential Market Revenue, and Forecast to 2030 (US$ Million)
11. Middle East & Africa HVAC Controls Market – Country Analysis
11.1 Overview
11.1.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis – By Country
11.1.1.1 Middle East & Africa HVAC Controls Market Revenue and Forecasts and Analysis – By Country
11.1.1.2 Saudi Arabia HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.2.1 Saudi Arabia HVAC Controls Market Breakdown by Component
11.1.1.2.1.1 Saudi Arabia HVAC Controls Market Breakdown by Hardware
11.1.1.2.2 Saudi Arabia HVAC Controls Market Breakdown by Installation Type
11.1.1.2.3 Saudi Arabia HVAC Controls Market Breakdown by System
11.1.1.2.4 Saudi Arabia HVAC Controls Market Breakdown by End User
11.1.1.3 UAE HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.3.1 UAE HVAC Controls Market Breakdown by Component
11.1.1.3.1.1 UAE HVAC Controls Market Breakdown by Hardware
11.1.1.3.2 UAE HVAC Controls Market Breakdown by Installation Type
11.1.1.3.3 UAE HVAC Controls Market Breakdown by System
11.1.1.3.4 UAE HVAC Controls Market Breakdown by End User
11.1.1.4 South Africa HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.4.1 South Africa HVAC Controls Market Breakdown by Component
11.1.1.4.1.1 South Africa HVAC Controls Market Breakdown by Hardware
11.1.1.4.2 South Africa HVAC Controls Market Breakdown by Installation Type
11.1.1.4.3 South Africa HVAC Controls Market Breakdown by System
11.1.1.4.4 South Africa HVAC Controls Market Breakdown by End User
11.1.1.5 Rest of MEA HVAC Controls Market Revenue and Forecasts to 2030 (US$ Mn)
11.1.1.5.1 Rest of MEA HVAC Controls Market Breakdown by Component
11.1.1.5.1.1 Rest of MEA HVAC Controls Market Breakdown by Hardware
11.1.1.5.2 Rest of MEA HVAC Controls Market Breakdown by Installation Type
11.1.1.5.3 Rest of MEA HVAC Controls Market Breakdown by System
11.1.1.5.4 Rest of MEA HVAC Controls Market Breakdown by End User
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiatives
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 Carrier Global Corporation
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 DAIKIN INDUSTRIES, Ltd.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Emerson Electric Co.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Honeywell International Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Johnson Controls, Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Schneider Electric SE
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Siemens AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Lennox International Inc.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About Research Team
15.2 Word Index

Table 1. Middle East & Africa HVAC Controls Market Segmentation
Table 2. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 4. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – Installation Type
Table 5. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – System
Table 6. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 7. Middle East & Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 8. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 9. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 10. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 11. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 12. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 13. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 14. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 15. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 16. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 17. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 18. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 19. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 20. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 21. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 22. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 23. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 24. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Hardware
Table 25. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By Installation Type
Table 26. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By System
Table 27. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn) – By End User
Table 28. Heat Map Analysis by Key Players
Table 29. List of Abbreviation

Figure 1. Middle East & Africa HVAC Controls Market Segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa HVAC Controls Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Middle East & Africa HVAC Controls Market Revenue (US$ Million), 2022 – 2030
Figure 5. Middle East & Africa HVAC Controls Market Share (%) – Component, 2022 and 2030
Figure 6. Hardware Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Sensor Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Controllers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Smart Vents Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Software & Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Middle East & Africa HVAC Controls Market Share (%) – Installation Type, 2022 and 2030
Figure 13. Retrofit Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. New Installation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Middle East & Africa HVAC Controls Market Share (%) – System, 2022 and 2030
Figure 16. Temperature Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Integrated Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Ventilation Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Humidity Control System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Middle East & Africa HVAC Controls Market Share (%) – End User, 2022 and 2030
Figure 21. Commercial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Industrial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Residential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Middle East & Africa HVAC Controls Market by Key Countries – Revenue (2022) (US$ Million)
Figure 25. Middle East & Africa HVAC Controls Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. Saudi Arabia HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. UAE HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. South Africa HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Rest of MEA HVAC Controls Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Company Positioning & Concentration