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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Saudi Arabia HVAC Market Size
The Saudi Arabia HVAC market is driven by the growing demand from residential building construction. The industry is further expected to grow at a CAGR of 5.1% in the forecast period of 2024-2032.
Saudi Arabia HVAC Market Report Snapshots
Saudi Arabia HVAC Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Saudi Arabia HVAC market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The major market drivers include increasing construction activities, the rising prevalence of extreme weather conditions due to rapid climate change, and the surging upgradation and replacement activities of HVAC.
The key trends propelling the market growth are the surging infrastructural development activities, the robust growth of the commercial sector, and technological advancements and innovations in HVAC systems.
The several equipment of HVAC considered in the market report are heating, ventilation, and cooling.
The major installation types of HVAC considered in the market report are new constructions and retrofits.
The different end uses of HVAC include residential, commercial, and industrial.
The leading players in this market are Zamil Air Conditioners, AirTech Riyadh, Green Air Electro-Mechanical Contracting Company, and LG Electronics Inc., amongst others.
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