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In the U.A.E., Energy-Efficient Heating Systems Are Becoming Increasingly Popular


Tourism Industry Is Predicted To Contribute $116.1 Billion to the U.A.E. Economy, Demand for Heating Systems Will Grow

Heating is the process of increasing the temperature of a confined place with the primary goal of assuring the inhabitants' comfort. Heating helps to keep structural building, mechanical, and electronic systems in good working order by managing the ambient temperature.

The phrase "heating system" has a wide definition, and it can refer to a variety of different sorts of installations. Some heating systems rely on the burning of fuel, while others rely on electricity. Another distinction is how heat is delivered to inside areas; many systems heat inside air directly, while others require an intermediary fluid such as water or steam. Boilers, furnaces, space heaters, and heat pumps are the most prevalent forms of heating equipment.

Heat pumps are contemporary technologies that, like combustion heaters, have lower running costs while working efficiently, similar to resistance heaters. A heat pump, like an air conditioner, employs a refrigeration cycle. These are the most popular product and will account for the majority of heating equipment sales. This is because heat pumps are much more cost-effective than boilers and furnaces. Heat pumps can be described as air-source or ground-source units, depending on the source from which they extract heat.

The usage of energy-efficient systems is a prominent feature in the demand for heating equipment in U.A.E. These are using lesser energy than traditional alternatives, which helps to reduce greenhouse gas emissions. Another benefit of this system is a large reduction in power costs.

As per the P&S Intelligence, the U.A.E. heating equipment market was worth around $89.5 million in 2019, which is set to touch $121.4 million by 2030, advancing at a 2.9% CAGR from 2020 to 2030.

Residents are being forcefully encouraged to consume as little energy as possible to save vital resources including natural gas and crude oil for the future. For example, the government's Energy Strategy 2050, which was published in 2017, intends to achieve a 70% decrease in carbon dioxide emissions by 2050.

Many factors are driving the demand for heating equipment in the U.A.E., the strongest of which is the development of the hospitality sector. This is due to the growing tourism in the country, which made a contribution of $18.6 billion to the country's GDP in 2016. The tourism industry is predicted to contribute $116.1 billion in revenue to the country's economy by 2027.

Several initiatives were initiated with the goal of attracting 20 million visitors to Dubai yearly by 2020 as well as 10 million to Sharjah annually by 2021. Many hotels are being built to accommodate the growing number of visitors from across the world, and heating systems will be deployed in large numbers.

Hence, the growing terrorism and development of hospitality in the U.A.E. will increase the sale of heating equipment in the coming years.

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