HVAC R Market in Saudi Arabia
On the back of a construction boom in the country, Saudi Arabia alone represents over 50% of the total needed investments for HVAC R solutions in the GCC over the next 10 years, with $34bn worth of systems expected to be installed in that time. As demand increases the market will need to develop in line with government goals such as energy conservation and smart initiatives, making it the perfect time for the local and overseas industry to gather under one roof at HVAC R Expo Saudi.
With $34bn worth of HVAC R systems expected to be installed in Saudi Arabia over the next decade, there is massive potential in the market for new and competitive solutions to run in line with future government vision, be it through better connectedness, improving health standards or by reducing energy emissions.
Smart Cities - NEOM - the Kingdom’s flagship investment is taking ‘smart city’ concept to its highest level yet. Smart City will focus on energy, mobility, biotech, food, water, digital, manufacturing, media, entertainment and livability.
22 islands in the Red Sea off the coast of Saudi Arabia - An exquisite sanctuary offering indulgent experiences, seamlessly customized to the unique needs of each visitor. The site encompasses an archipelago of more than 90 pristine islands, miles of sweeping desert and dramatic landscapes that include volcanoes, and canyons.
Located between Dammam and Al-Ahsa in the Kingdom’s eastern province, is three phase energy and industrialisation hub. With a major focus on technology, Spark is projected to contribute $6 billion to Saudi Arabia’s GDP.