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Follow on Google News | Air Conditioner Market in Saudi Arabia to Cross $ 3.4 Billion by 2022: TechSci Research RepExtreme temperatures in the region, rising focus on the developing construction sector and the service sector combined with the fast-growing hospitality sector of the country ..
By: TechSci Research Pvt Ltd Browse 21 market data Tables and 53 Figures spread through 101 Pages and an in-depth TOC on "Saudi Arabia Air Conditioners Market" https://www.techsciresearch.com/ LG Shaker Co. Ltd., Zamil Air Conditioners Holding Co. Ltd., Gree Electrical Appliances Inc., Samsung Electronics Co. Ltd., Daikin Air Conditioning Saudi Arabia LLC are the five leading air conditioner players operating in Saudi Arabia. In terms of regions, Western region has dominated the market with over one-third of the market share in 2016. The region is expected to generate significant demand for air conditioners in the coming years as well, and thereby anticipated to remain dominant through 2022 on account of high population, increasing tourist footfall, and rising investments for the upcoming commercial projects in the region. Based on product type, Saudi Arabia air conditioners market can be broadly categorized into Light Commercial air conditioners, VRF, Ductable Splits, Chillers and Others. Light commercial air conditioners dominated the market in 2016 due to their extensive applications in commercial as well as residential sectors. "With booming construction activities, growing hospitality sector and prevalence of extreme weather conditions in the country, demand for air conditioners is expected to continue exhibiting a growing trend in Saudi Arabia over the next five years. Moreover, introduction of increasingly innovative product offerings and rising consumer inclination towards adopting energy efficient air conditioners is expected to positively impact the market demand in the foreseeable future." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. "Saudi Arabia Air Conditioners Market By Product Type, By End Use Sector, Competition Forecast & Opportunities, 2012 – 2022" has evaluated the future growth potential of Saudi Arabia air conditioners market and provides statistics and information on market structure, size and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the Saudi Arabia air conditioners market. About TechSci Research TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends. Contact Mr. Ken Mathews 708 Third Avenue, Manhattan, NY, New York – 10017 Tel: +1-646-360-1656 Email: sales@techsciresearch.com End
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