The Industrial Revolution changed the face of the traditional industrial practices and new manufacturing processes required temperature control during extreme climate change. Eventually, the demand for temperature control spread from industries to large commercial buildings and residential buildings. The rising temperature is driving environmental changes all over the globe and the need for Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) systems has become a mandate for industries and, commercial buildings. Considered as mere luxury products initially, HVACR systems have become a necessity in the Americas, where Canada and the U.S. account for the major share of HVACR market in the North America.
Middle East and Africa (MEA) region is at the outset of infrastructure development and the Heating, Ventilation Air-conditioning and Refrigeration (HVACR) market in this region is being driven owing to this large scale infrastructural development. HVACR has become a necessity for countries like Saudi Arabia and the United Arab Emirates (U.A.E.), which account for the major share of HAVCR in the MEA region. The increased demand of HVACR in the MEA region is due to the perennial hot climate, growing population, infrastructure, along with urban development among others. Because of this, leading manufacturers in the HVACR market are taking various steps to tap this market by introducing cost effective, energy efficient products in the region.