The demand for solutions and products that promote a safer and healthier indoor air quality, ensure better ventilation, and eliminate air impurities is driving even higher growth for Daikin Group, said a top official of the leading heating, ventilation, and refrigeration products (HVAC-R) company. 

 

The steadily growing demand comes as people in the Middle East and around the world take extra precaution to prevent the further spread of Covid-19, remarked Masaaki Miyatake, the Chairman and President of Daikin (Middle East and Africa) region.

 

Daikin Group reported that its overall market value has doubled from $30 billion to $65 billion. The company attributed this successful performance to its business resilience strategy amid a volatile global economy, as well as aggressive investments and various measures carried out under its Fusion 20 Strategic Management Plan. 

 

These initiatives have empowered and will enable the group to maintain its leading position in the market during and even after this pandemic, said Miyatake. 

 

The company said it continues to make strategic investments to grow the business while also building on its robust corporate structure to give back to society. As customers look beyond the pandemic, their needs have changed, he added. 

 

Daikin was among the first to respond to their growing demand for air quality solutions by tapping the power of technology to provide products and services designed to improve air quality and promote efficient cooling and energy consumption. 

 

According to him, Daikin MEA continues to aggressively expand its operations and footprint in all key markets. 

 

"We achieve this expansion strategy by opening new affiliates, sales offices and service centers, introducing new products, and further strengthening our business structure, manpower, sales partners and relations with key industry stakeholders," he added.