Saudi Arabia Heating Equipment Market (2025-2031) | Analysis, Companies, Revenue, Share, Forecast, Value, Growth, Outlook, Industry, Trends & Size

Market Forecast By Product (Heat Pumps, Furnaces, Boilers, Unitary Heaters, Others), By Applications (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC022019 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Heating Equipment Market Size Growth Rate


The Saudi Arabia Heating Equipment Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 9.72% in 2025, the market peaks at 12.27% in 2028, and settles at 10.74% by 2029.

Saudi Arabia Heating Equipment Market Growth Rate

Saudi Arabia Heating Equipment Market Synopsis

The Saudi Arabia heating equipment market is expected to grow at a CAGR of 5.3% during the forecast period 2025-2031. The growing building and construction industry, increasing government initiatives towards energy efficiency and renewable sources of energy, rising demand for space heating applications in various industries are some of the key factors driving the growth of the market in Saudi Arabia. Additionally, favorable climatic conditions in most parts of the country has also increased activities related to air conditioning systems which is fueling further demand for different types of heating equipments in this region. Furthermore, with technological advancements being adopted by manufacturers coupled with an increase in disposable incomes has been driving an upswing in consumer purchase power leading to higher adoption rate amongst end-users across different application sectors such as residential and non-residential buildings among others.

Market Drivers

With rapid urbanization and industrialization within KSA, there have been significant investments over last few years from both public & private sector units into infrastructure projects directed towards development mainly catered toward housing facilities that involve large scale constructions resulting into high demands for HVAC (heating ventilation & air conditioning) equipment??s including water heaters / boilers etc., contributing positively towards overall growth prospects within this segment over next few years as well . The nation has witnessed numerous governmental regulations & directives associated with implementation of eco friendly technologies such as solar powered appliances/equipment??s / geothermal heat pumps among others along side focus on upgradations designed against existing infrastructure networks based upon utilizationof green sources thereby helping reduce carbon emissions while achieving sustainability goals established under vision 2031 plan launched by KSA government recently.

Challenges of the Market

As compared to conventional fuel based systems , installation cost involved against renewable source driven options like solar , wind or geothermal still remains quite high due to their complex mechanical structures making them unaffordable for masses thus hindering mass popularity despite wide spread awareness campaigns conducted by authorities regarding environmental benefits offered through sustainable solutions.

Covid 19 Impact on the Market

The Covid-19 pandemic had an unprecedented effect on global markets including Saudi Arabia heating equipment market where lockdown measures taken by authorities resulted in disrupted supply chain activities leading to temporary halt of operations followed by slow down afterwards thereby impacting revenues negatively throughout 2025 however it should pick up pace as situation normalizes over time.

key players of the Market

Some major providers operating within Saudi Arabia region include Daikin Industries Ltd., Fujitsu General Limited , Honeywell International Inc., Johnson Controls - Hitachi Air conditioning , Mitsubishi Electric Corporation etc amongst others

Key Highlights of the Report:

  • Saudi Arabia Heating Equipment Market Outlook
  • Market Size of Saudi Arabia Heating Equipment Market, 2024
  • Forecast of Saudi Arabia Heating Equipment Market, 2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Heating Equipment Market Trend Evolution
  • Saudi Arabia Heating Equipment Market Drivers and Challenges
  • Saudi Arabia Heating Equipment Price Trends
  • Saudi Arabia Heating Equipment Porter's Five Forces
  • Saudi Arabia Heating Equipment Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Heat Pumps for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Boilers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Unitary Heaters for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Applications for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Heating Equipment Market Revenues & Volume By Industrial for the Period 2021-2031
  • Saudi Arabia Heating Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Applications
  • Saudi Arabia Heating Equipment Top Companies Market Share
  • Saudi Arabia Heating Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Heating Equipment Company Profiles
  • Saudi Arabia Heating Equipment Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Saudi Arabia Heating Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Saudi Arabia Heating Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Saudi Arabia Heating Equipment Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Heating Equipment Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Heating Equipment Market - Industry Life Cycle

3.4 Saudi Arabia Heating Equipment Market - Porter's Five Forces

3.5 Saudi Arabia Heating Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Saudi Arabia Heating Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 Saudi Arabia Heating Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and industrialization in Saudi Arabia leading to a higher demand for heating equipment.

4.2.2 Government initiatives promoting energy efficiency and sustainability in buildings, driving the adoption of modern heating systems.

4.2.3 Growth in the construction sector, including residential, commercial, and industrial projects, boosting the demand for heating equipment.

4.3 Market Restraints

4.3.1 Volatile oil prices affecting consumer purchasing power and investment in heating equipment.

4.3.2 Seasonal fluctuations in temperature impacting the immediate need for heating equipment purchases.

4.3.3 Competition from alternative heating solutions such as solar heating systems or district heating networks.

5 Saudi Arabia Heating Equipment Market Trends

6 Saudi Arabia Heating Equipment Market, By Types

6.1 Saudi Arabia Heating Equipment Market, By Product

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Heating Equipment Market Revenues & Volume, By Product, 2021-2031F

6.1.3 Saudi Arabia Heating Equipment Market Revenues & Volume, By Heat Pumps, 2021-2031F

6.1.4 Saudi Arabia Heating Equipment Market Revenues & Volume, By Furnaces, 2021-2031F

6.1.5 Saudi Arabia Heating Equipment Market Revenues & Volume, By Boilers, 2021-2031F

6.1.6 Saudi Arabia Heating Equipment Market Revenues & Volume, By Unitary Heaters, 2021-2031F

6.1.7 Saudi Arabia Heating Equipment Market Revenues & Volume, By Others, 2021-2031F

6.2 Saudi Arabia Heating Equipment Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 Saudi Arabia Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F

6.2.4 Saudi Arabia Heating Equipment Market Revenues & Volume, By Industrial, 2021-2031F

7 Saudi Arabia Heating Equipment Market Import-Export Trade Statistics

7.1 Saudi Arabia Heating Equipment Market Export to Major Countries

7.2 Saudi Arabia Heating Equipment Market Imports from Major Countries

8 Saudi Arabia Heating Equipment Market Key Performance Indicators

8.1 Energy efficiency ratings of heating equipment sold in the market.

8.2 Adoption rate of smart heating systems in residential and commercial buildings.

8.3 Percentage of new construction projects incorporating advanced heating technologies.

8.4 Average age of heating equipment in use across different sectors.

8.5 Number of government incentives or rebates utilized for the installation of energy-efficient heating equipment.

9 Saudi Arabia Heating Equipment Market - Opportunity Assessment

9.1 Saudi Arabia Heating Equipment Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Saudi Arabia Heating Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F

10 Saudi Arabia Heating Equipment Market - Competitive Landscape

10.1 Saudi Arabia Heating Equipment Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Heating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All