GoingToMeet

Although the kingdom does produce air conditioners domestically, it satisfies much of the skyrocketing demand for all kinds of temperature-control products through imports. So, as demand soars, a unique investment window of opportunity has been created for air-conditioning players from across the region and the world. Nowhere in the region is the market for all kinds of air-conditioning, ventilation, heating and refrigeration products bigger, or growing faster. In fact, the Saudi air temperature control market is one of the most significant in the world. Saudi Arabia’s air-conditioning base grows by 724,000 units – or 6% - every year.