In a stagnant or barely growing ‘traditional’ AC market, VRF is a hot topic for the HVAC industry, said Deepak Babani, executive vice chairman at Eros Group.
Babani was talking to MEP Middle East on the growth of the HVAC sector in the Middle East.
He said: "HVAC continues to be a promising future for not only 2018 but at least for the next 3 to 5 years.
"The vision of the leaders of the country to make this a world-class place on many fronts and not just tourism ensures new projects are always being launched in the UAE. Couple this with the construction projects in the run up to 2020 and we see promising growth for the next 3 to 5 years."
Related news: VRF market will outgrow chillers in the Middle East
Talking specifically about VRFs, Babani said: "Though [VRF is] yet to gain grounds competing directly in the traditional ducted split and chilled water system markets, VRF has matured and can now provide scalability and integration into small, medium and large projects.
"The reciprocating market is set to disappear. Screw is now the preferred product, with a small scroll market at the lower end. The decline of district cooling plants will also see the DX packaged market benefit, especially roof tops and ducted splits, plus VRF is starting to gain popularity. The stand alone chiller projects, air handling and FCU markets are quite stable."
To read Babani's entire interview, check out #1301 of MEP Middle East, which will be out on the first week of January 2018.