Middle East & Africa HVAC Sensors Market is expected to reach US$ 409.22 million by 2027

Temperature Sensors Segment to Dominate MEA HVAC Sensors Market during 2019–2027

According to The Insight Partners market research study on “MEA HVAC Sensors Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Type and End User,” is expected to reach US$ 409.22 million by 2027 from US$ 308.24 million in 2019. The market is estimated to grow at a CAGR of 4.0 % from 2020 to 2027. The report provides trends prevailing in the MEA HVAC sensors market along with the drivers and restraints pertaining to the market growth. Burgeoning demand for HVAC sensors in the automotive sector and development of smart, connected, and energy efficient IOT-enabled HVAC systems are the major factor driving the growth of the MEA HVAC sensors market. However, obstacle related to motion-activated air conditioners hinder the growth of MEA HVAC sensors market.

In case of COVID-19, MEA is highly affected especially South Africa. The MEA HVAC sensors market is majorly affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components and parts have been disturbed. The demand for HVAC systems and sensors has weakened since the eruption of COVID-19 in MEA countries. This has resulted in a loss of business among the HVAC systems and HVAC sensor manufacturers offering their products to various industries in the region. Countries with higher manufacturing units such as Turkey, Israel, and South Africa, among others have witnessed critical scenarios in procuring various electronics and semiconductor products including sensors which showcased fall in MEA HVAC sensors market in the region. The construction activity in the region is among the rapidly growing industry. The UAE, Saudi Arabia, and Qatar, represent the forerunners in the GCC construction industry. The outbreak of COVID-19 virus had paused several construction activities in the countries mentioned above, and some of the projects are still likely to remain halted. This parameter is among the key factors that have negatively impacted the HVAC systems industry and subsequently impaired the HVAC sensors market.

The MEA HVAC sensors market is segmented into type, end user, and country. Based on type, MEA HVAC sensors market is segmented into the temperature sensors, humidity sensors, pressure & flow sensors, motion sensors, smoke & gas sensors, and others. The temperature sensors segment dominated the market in 2019 and pressure & flow sensors segment is expected to be fastest growing during forecast period. The temperature sensors segment is further sub-segmented into NTC, RTD, thermocouple, and others. Based on end user, MEA HVAC sensors market is segmented into the residential, commercial, and industrial. The commercial segment dominated the market in 2019 and residential segment is expected to be fastest growing during forecast period.

Emerson Electric Co.; Honeywell International Inc.; Johnson Controls, Inc.; Schneider Electric; Sensirion AG; Siemens AG; TE Connectivity Ltd are among the leading companies in the MEA HVAC sensors market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, TE Connectivity introduced a new minimal footprint SMI SO-10 pressure sensor for a wide range of applications including medical and HVAC systems.      

The report segments the MEA HVAC Sensors Market as follows:

MEA HVAC Sensors Market – By Type

• Temperature Sensors               
  • NTC
  • RTD                         
  • Thermocouple
  • Others
• Humidity Sensors
• Pressure & Flow Sensors
• Motion Sensors
• Smoke & Gas Sensors
• Others

MEA HVAC Sensors Market – By End User

• Residential
• Commercial                        
• Industrial

MEA HVAC Sensors Market – By Country

• Saudi Arabia
• UAE        
• South Africa
• Rest of MEA