FINANCIAL NEWS

Qatar air-conditioner market to reach 12.7 percent

15 Jun 2016

(MENAFN) Qatar is expected to witness a rise in the air-conditioner market by 12.7 percent during the period from 2016 to 2021, based on the latest reports.

this growth is fuelled by escalating construction activities in Qatar, due to the upcoming FIFA World cup 2022, and increasing number of commercial and residential buildings as well.

In particular, the country’s increasing construction activities is backed by an expected huge inflow of visitors to Qatar during the highly anticipated FIFA World Cup.

“Qatar Air Conditioners Market By Product Type, By End Use Sector, Competition Forecast and Opportunities, 2011-2021” TechSci Research firm said.

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