The company will participate in five major industry exhibitions in the Middle East (Dubai) in 2024.
2024-04-11 Back
Exhibition time: November 26-29, 2024
Exhibition location: Dubai World Trade Center
Period: once a year
The Middle East Dubai Five Industry Exhibition (BIG5, referred to as Dubai Five Industry Exhibition), founded in 1980, is one of the largest and most influential building materials exhibitions in the Middle East, covering building materials, hardware tools, ceramic bathroom, air conditioning and refrigeration, construction machinery and other industries. After nearly 40 years of development, it has become the vanguard of the Middle East construction industry exhibition.
Nowadays, the hot and sustainable development of the construction market in the Middle East has driven a strong demand for construction equipment, materials, engineering machinery and vehicles, and attracted global attention.
The previous 2023 Dubai Five Industry Exhibition covered a total area of nearly 110,000 square meters, with more than 2,600 exhibitors from more than 150 countries, including China, South Africa, Turkey, India, the United States, Russia, Australia, Germany, Italy, Singapore and France, and more than 55,000 visitors. More than 110 exchange meetings and seminars were held during the exhibition.
The 45th Middle East Dubai Five Industry Exhibition will attract 3,000 exhibitors from more than 100 countries around the world, with more than 22,000 visitors and an exhibition area of more than 100,000 square meters. It will become one of the largest and most widely covered exhibitions in the Middle East. There are currently more than 23,000 active projects in the Gulf construction market, with a total value of more than $2.3 trillion. These projects run through urban construction (mainly buildings), industry, transportation, oil & gas, and public facilities. The UAE accounts for 61.5%, ranking first among all Gulf countries. At present, the UAE's hospitality industry has 543 active projects, valued at $67.5 billion, accounting for 13% of the total value of active construction projects.
In 2018, the UAE announced projects worth $2.37 billion. Some notable projects announced include: North Barrier Resort (located in Abu Dhabi's Sharjah Island), Rove Mina Seyahi (located in Dubai Marina and Deira Island).
By 2027, the value of the UAE's construction market is expected to reach $133.53 billion, with a compound annual growth rate of 4.69% during the forecast period (2022-2027). The UAE relies on imports of 60% of building materials; According to the data released by the Middle East Economic Digest (MEED) GCC Construction Industry Report (2014 edition), the GCC construction project award amount reached $250 billion in 2030, and the civil construction market recovered significantly. The report noted that the civil construction market has become the majority of engineering projects in GCC countries, mainly due to the growing economy and population of UAE, Saudi Arabia, and Qatar, which have invested tens of billions of dollars in infrastructure construction and upgrading. In the medium term, the strong trend of high oil prices and population growth will not change, which also contribute to the prosperity of the market.
The local building materials market in the UAE mainly responds to the demand of large construction projects, with wholesale as the mainstay and retail as a supplement; the current supply of building materials products can not meet the demand of the local market in the UAE, especially in stone and ceramic tiles, 60% of the UAE construction projects rely on imported building materials. China is the UAE's largest source of imports of building materials.
In 2013, China exported about 7.3 billion U.S. dollars of building materials to the UAE, accounting for about 19% of the total UAE building materials import market share. Dubai is the center of the UAE building materials market. Trends in the UAE building materials Sustainable development: The UAE government is an active promoter of sustainable development, committed to reducing energy consumption and environmental impact.
Therefore, the market demand is gradually shifting to sustainable building materials, such as green building materials, solar energy and energy-saving equipment. Smart building: With the advancement of technology, the UAE construction industry is also paying more attention to the application of smart buildings and smart equipment. Smart building materials and equipment, such as smart lighting systems, smart glass and smart control systems, are gradually becoming popular. Innovative technologies: The UAE is actively promoting innovative developments in the construction industry, such as 3D printing technology, modular construction, virtual reality and augmented reality.
These emerging technologies are changing the landscape of the building materials market and providing many new business opportunities for investors and suppliers. Heavy Equipment Company launched three Wacker Neuson zero-emission products, including ACBe modular battery-powered internal vibrators, battery-powered vibration plates, which redefine the sustainability and efficiency of buildings.