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

Market Forecast By Heating equipments (Heating Pumps, Furnaces, Boilers, Space heaters, Unitary heaters, Others), By Cooling Equipments (Cooling towers, Chillers, Coolers, Air conditioners , Others), By General Components (Condensers, Compressors, Radiators, Sensors, Transducers, Others), By End-User Industries (Residential, Commercial, Healthcare Industry, Educational and government institutions , Others) And Competitive Landscape
Product Code: ETC017039 Publication Date: Jul 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Refrigeration and Heating Equipment Market Synopsis

Saudi Arabia is the largest economy in the Middle East and North Africa region and among the 20 largest economies globally. The country has been making substantial investments to diversify its economic base, strengthen its infrastructure, improve public services, create job opportunities for Saudi nationals and attract foreign investment. The refrigeration and heating equipment market in Saudi Arabia is expected to witness significant growth during 2025-2031 on account of rising demand from residential as well as commercial sectors due to increasing disposable incomes, population growth & urbanization. With rapid industrialization taking place across various key industries such as food & beverages, textile processing; automotive manufacturing etc., there is a growing need for efficient cooling systems which will fuel market expansion over forecast period.

Market Drivers

Rising disposable income levels of Saudis have led them towards adoption of consumer electronics at home resulting into increased demand for air conditioning units which will augment refrigeration and heating equipment market growth over foreseeable future. Additionally increasing number of hospitality outlets coupled with improving lifestyle standards are fuelling demand from commercial sector thereby creating lucrative opportunities for industry players operating in this space. Rapid industrialization along with presence of stringent regulations by General Authority For Meteorology And Environmental Protection (GAMEP) mandating energy efficiency standards have driven up sales figures for high grade yet cost effective products thus driving overall industry expansion over next few years. Furthermore introduction of subsidized energy tariffs for businesses would further encourage usage of advanced appliances aiding further development going forward.

Challenges of the Market

Price volatility combined with shortage in supply chain owing to disruption caused by COVID-19 pandemic has resulted into rise in prices associated with their usage ultimately leading to increase in total cost incurred hence likely to hamper business operations going ahead. Despite availability of modern day solutions end users fail to understand technical aspects pertaining installation or operation thus limiting uptake particularly amongst small scale enterprises impeding overall profit margins negatively impacting profitability ratios posing major challenge before manufacturers operating within this domain.

Covid 19 Impact on the Market

The COVID 19 pandemic has significantly affected most industries all around the globe including Saudi Arabia refrigeration and heating equipment sector which is heavily reliant on imports from countries like China coupled with transportation bottlenecks due to lockdowns implemented worldwide have caused disruption of supply chains resulting in production shutdowns or delays thereby slowing down business operations leading to decreased revenues for manufacturers operating within domestic boundaries.. To sustain their presence post this crisis companies need to focus on adopting digital solutions that can help them streamline their processes while reducing costs incurred through offline interactions thus driving businesses towards recovery albeit slowly given current circumstances prevailing globally.

key players of the Market

Some of major players competing in Saudi Arabia refrigeration & heating equipment market are Embraco , Blue Star Ltd., Whirlpool Corporation (India), Daikin Industries Ltd., Midea Group Company Limited , Fedders Lloyd Corporation Limited , Panasonic Corporation , Samsung Electronics Co., Ltd., LG Electronics Inc., Johnson Controls International plc among others.

Key Highlights of the Report:

  • Saudi Arabia Refrigeration and Heating Equipment Market Outlook
  • Market Size of Saudi Arabia Refrigeration and Heating Equipment Market, 2024
  • Forecast of Saudi Arabia Refrigeration and Heating Equipment Market, 2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Refrigeration and Heating Equipment Market Trend Evolution
  • Saudi Arabia Refrigeration and Heating Equipment Market Drivers and Challenges
  • Saudi Arabia Refrigeration and Heating Equipment Price Trends
  • Saudi Arabia Refrigeration and Heating Equipment Porter's Five Forces
  • Saudi Arabia Refrigeration and Heating Equipment Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Heating equipments for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Heating Pumps for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Furnaces for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Boilers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Space heaters for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Unitary heaters for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Cooling Equipments for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Cooling towers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Chillers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Coolers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Air conditioners for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By General Components for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Condensers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Compressors for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Radiators for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Sensors for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Transducers for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By End-User Industries for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Healthcare Industry for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Educational and government institutions for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume By Others for the Period 2021-2031
  • Saudi Arabia Refrigeration and Heating Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Heating equipments
  • Market Opportunity Assessment By Cooling Equipments
  • Market Opportunity Assessment By General Components
  • Market Opportunity Assessment By End-User Industries
  • Saudi Arabia Refrigeration and Heating Equipment Top Companies Market Share
  • Saudi Arabia Refrigeration and Heating Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Refrigeration and Heating Equipment Company Profiles
  • Saudi Arabia Refrigeration and Heating Equipment Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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 Refrigeration and Heating Equipment Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

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

3.3 Saudi Arabia Refrigeration and Heating Equipment Market - Industry Life Cycle

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

3.5 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume Share, By Heating equipments, 2021 & 2031F

3.6 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume Share, By Cooling Equipments, 2021 & 2031F

3.7 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume Share, By General Components, 2021 & 2031F

3.8 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume Share, By End-User Industries, 2021 & 2031F

4 Saudi Arabia Refrigeration and Heating Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Saudi Arabia Refrigeration and Heating Equipment Market Trends

6 Saudi Arabia Refrigeration and Heating Equipment Market, By Types

6.1 Saudi Arabia Refrigeration and Heating Equipment Market, By Heating equipments

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Heating equipments, 2021-2031F

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

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

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

6.1.6 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Space heaters, 2021-2031F

6.1.7 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Unitary heaters, 2021-2031F

6.1.8 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F

6.2 Saudi Arabia Refrigeration and Heating Equipment Market, By Cooling Equipments

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Cooling towers, 2021-2031F

6.2.3 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Chillers, 2021-2031F

6.2.4 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Coolers, 2021-2031F

6.2.5 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Air conditioners , 2021-2031F

6.2.6 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F

6.3 Saudi Arabia Refrigeration and Heating Equipment Market, By General Components

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Condensers, 2021-2031F

6.3.3 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Compressors, 2021-2031F

6.3.4 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Radiators, 2021-2031F

6.3.5 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Sensors, 2021-2031F

6.3.6 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Transducers, 2021-2031F

6.3.7 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F

6.4 Saudi Arabia Refrigeration and Heating Equipment Market, By End-User Industries

6.4.1 Overview and Analysis

6.4.2 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Residential, 2021-2031F

6.4.3 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Commercial, 2021-2031F

6.4.4 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Healthcare Industry, 2021-2031F

6.4.5 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Educational and government institutions , 2021-2031F

6.4.6 Saudi Arabia Refrigeration and Heating Equipment Market Revenues & Volume, By Others, 2021-2031F

7 Saudi Arabia Refrigeration and Heating Equipment Market Import-Export Trade Statistics

7.1 Saudi Arabia Refrigeration and Heating Equipment Market Export to Major Countries

7.2 Saudi Arabia Refrigeration and Heating Equipment Market Imports from Major Countries

8 Saudi Arabia Refrigeration and Heating Equipment Market Key Performance Indicators

9 Saudi Arabia Refrigeration and Heating Equipment Market - Opportunity Assessment

9.1 Saudi Arabia Refrigeration and Heating Equipment Market Opportunity Assessment, By Heating equipments, 2021 & 2031F

9.2 Saudi Arabia Refrigeration and Heating Equipment Market Opportunity Assessment, By Cooling Equipments, 2021 & 2031F

9.3 Saudi Arabia Refrigeration and Heating Equipment Market Opportunity Assessment, By General Components, 2021 & 2031F

9.4 Saudi Arabia Refrigeration and Heating Equipment Market Opportunity Assessment, By End-User Industries, 2021 & 2031F

10 Saudi Arabia Refrigeration and Heating Equipment Market - Competitive Landscape

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

10.2 Saudi Arabia Refrigeration and 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

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All