- 07/30/2021 at 12:45 pm #2171668freeamfvaParticipant
Saudi Arabia Air Conditioners
Air conditioners market size in Saudi Arabia is anticipated to surpass US$ 3 billion by 2021. Central and West regions of Saudi Arabia are the highest demand generators for air conditioners in the country, and their dominance is expected to continue during 2016 – 2021.Get more news about <b>Saudi Arabia Projected Window</b>,you can vist our website!
On account of extreme climatic conditions, rising disposable income, growing construction activities in both commercial and residential sectors, coupled with various government initiatives aimed at improving energy efficiency, the demand for air conditioners in Saudi Arabia is projected to witness growth over the next five years.
Continuing growth in infrastructure developments and industrial sector are also augmenting the sales of air conditioning systems in Saudi Arabia. Moreover, implementation of energy efficiency labelling system and standardization for air conditioners is expected to have a positive impact on the country’s air conditioners market in the coming years.
Segment-wise, split air conditioners dominate the market, as they can be easily installed in multi-storey buildings, occupy less space and are cost-efficient. However, the market for chillers in Saudi Arabia is expected to outpace the rest of the air conditioner segments in the coming years. In 2015, LG Shaker grabbed the largest market share in Saudi Arabia’s air conditioners market, followed by Zamil, Gree, Samsung Electronics and Daikin Air Conditioning Saudi Arabia.