Middle East and Africa Chiller Market Expected to Grow With a CAGR of 3.6% During the Forecast Period, 2019-2024

The Middle East and Africa (MEA) chiller market is predicted to generate a revenue of $1.3 billion by 2024, progressing at a 3.6% CAGR during the 2019-2024 period.
 
The increasing demand for chillers from the transportation and hospitality sectors and district cooling systems is responsible for the growth of the market. Furthermore, the rising adoption of inverter-based chillers is predicted to create huge opportunities for the players operating in the market during the forecast period.