FINANCIAL NEWS

Saudi’s air conditioning market to grow 8.7%

07 May 2017

(MENAFN) Saudi Arabian market of air conditioning is expected to grow on annual rate by around 8.7% in the next coming five years.

Analysts expected that climate change in the country will raise attention of many stakeholders, while the country is posting increase in demand for air conditioners.

During recent years, while the temperatures in the summer is rising to reach around 46″C or higher, air conditions had became a necessity and industry reports showed growing market.

Overall, Saudi Arabia Air Conditioners Market Forecast & Opportunities 2017 reported that the Kingdom is dominating over the GCC’s demand for air conditioners.

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MENAFN0705201700450000ID1095457697

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