GCC HVAC Rental Outlook 2028: Leading Companies & Share...

GCC HVAC Rental Outlook 2028: Leading Companies & Share Insights

Posted 2025-11-03 11:33:53

Future: Key Dynamics, Size & Share Analysis

The GCC HVAC Rental Market size is valued at around USD 192 million in 2024 and is projected to grow at a CAGR of around 3.48% during the forecast period, i.e., 2023-28.

Key Opportunity:

Increasing Number of Pilgrims in the Region to Support the Market for Rental HVAC Systems - GCC region observes a high number of religious tourists owing to the presence of some of the holiest pilgrimages such as Hajj, Umrah, etc. in Saudi Arabia. These tourists also visit other countries in the region to cover different religious mosques and places such as The Sheikh Zayed Grand Mosque of UAE, etc. To accommodate the increased number of pilgrims during Ramadan, regional governments provide additional services and facilities, including extended shopping hours, special Ramadan tents for Iftar meals, and additional public transportation services.

This also includes providing temporary air cooling equipment for camps arranged for such tourists. Increasing focus of the government on accelerating the number of such pilgrims in the region after the pandemic to make the region a religious tourism hub would scale up the demand for the HVAC rental market in GCC in coming years.

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Understanding the Core Segments in the GCC HVAC Rental Market

Size, Share & Industry Trends Analysis - By Type (Room Air Conditioners [Split & Window Units, Cassette, Packaged, Others], Centralized Air Conditioners [Chillers, VRFs, Others], Others [Heating Equipment, etc.]), By Application (Construction, Events, Breakdown of Equipment), By Duration (Short Term [>15 days], Long Term [15 days or more]), and Others

Geographical Analysis of the GCC HVAC Rental Market

-By Countries

The UAE
Saudi Arabia
Qatar
Kuwait
Oman
Bahrain

Among all the countries, the UAE witnessed a huge demand for rental HVAC systems during 2018-2022.

Who Dominates the Insights on Key Industry Players?

Companies are strengthening their presence in the by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

Johnson Controls (York)
Aggreko
Ingersoll Rand (Trane)
Byrne Equipment Rental
Andrews Sykes Climate Rental
Rental Solutions & Services
Foster International
GAMI
GEO Rental Solutions
Energia
Prime Chiller Cooling Systems PLC
Others

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