logo.png (1)
15 - 17 January 2018
JEDDAH CENTRE FOR FORUMS & EVENTS

WHY SAUDI ARABIA?

Saudi Arabia set for record growth in HVAC sector for five years. Key facts include:

  • HVAC sector set for growth of up to 14 per cent every year until 2020
  • About 70% of electricity consumption in the Kingdom is used powering of air conditioners and with another half million homes needed in the country the demand for energy is also set to double.
  • HVAC R market grew at a CAGR of around 9.61% in value terms during 2010-14, and is further projected to witness growth at around 13.73%.
  • The building insulation market in Saudi Arabia is projected to grow at a CAGR of around 7.39% during 2015-20, mainly on account of increasing concerns regarding energy saving.
  • Building insulation saves around 40% of energy consumed in regulating air conditioning temperatures.
  • Refrigeration market in Saudi Arabia grew at a CAGR of around 11.80% during 2010-14, and is projected to grow at a CAGR of around 12.27% over the next five years.

 

Click here to be part of this growth and find out how you can establish the right relationships and networks within the industry.

Top

Subscribe

Subscribe to our newsletter

We will never send you spam