Dubai, UAE: Today, the HVAC sector has become a multi-billion dollar industry, with global demand for cooling continuing to rise. The global heating, ventilation, and air conditioning (HVAC) market is projected to reach about 367.5 billion U.S. dollars by 2030, based on a compound annual growth rate (CAGR) of 3.9 percent between 2020 and 2030. The Middle East and Africa (MEA) HVAC market is projected to come up with a revenue of $10.1 billion by 2024, as per the study. The market is being driven by many factors, reminiscent of billowy non-secular tourism, growing construction industry, and forthcoming major events. Further, the temperature change is boosting the market growth year-over-year (YOY) within the Middle East as well. Also, the number of green buildings being created within the region is witnessing positive YoY growth, which is driving the demand for VRF systems.
Further to the success of past 3 editions, The 4th HVAC Show 2021 is expected to highlight matters that would break certain myths about conventional cooling and prove industry experts’ belief that the technology will have an crucial role in sustainable developments of the future.
Set to take place on 24th -25th March, 2021 in Dubai, the summit anticipates the speakers and participants to exchange facts as well as information on the latest developments in HVAC technologies concerning VRF Systems, HVAC Controls, piping, thermal, Indoor Air and Environment Quality and solutions for the future.
Among the key concerns and products to be discussed and addressed at the summit are the need for energy efficiency, sustainability and thermal comfort in the region, Developing methods to access the future cooling needs and exploring the challenges faced in developing a strong foundation for futuristic HVAC implementation.
Furthermore, a Senior Official from The Ministry of Climate Change and Environment, UAE will address the vision of forging synergies with local, regional, and global stakeholders, engage all segments of society in our activities – particularly boosting the role of youth as a driver of change, and leverage the latest sustainability technologies to enable our next generations to enjoy a thriving environment. The summit will also feature keynote presentation on HVAC Standards by Hamza Al-Khateeb, Chairman HVAC Committee, Saudi Aramco and Developing methods to access the future cooling needs in the UAE presented by Faisal Rashid, Director, Demand Side Management Supreme Council of Energy, UAE. Other dignitaries from major Developers and Consultants include Emaar, Azizi Developers, Al Wasl, KEO Consultants, BuroHappold, WME Consultants, Grfn and more.
The summit will also see four major round table discussions leading a think tank of Leaders for lively interaction and idea sharing on various aspects of Reshaping, retrofitting and reimagining the future of a Sustainable Emirates Vision, HVAC Technologies, Customer Centric FM and need for effective energy efficiency in the region.