Product Code: ETC016979 | 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 | |
The Saudi Arabia warm air heating and air conditioning market is expected to witness an impressive CAGR of 7.6% during the forecast period (2025-2031). The high demand for central cooling systems in residential buildings due to increasing temperatures and rapid urbanization are driving significant growth in this market. Moreover, governments have been encouraging energy efficiency initiatives, which is further expected to drive the market`s growth over the forecast period.
Increasing awareness regarding energy efficient solutions: Governments across the region are promoting campaigns on energy efficiency initiatives, such as providing subsidies on various HVAC products with improved technology that reduce electricity consumption significantly. This has resulted in a growing popularity of these energy saving devices among customers in different parts of Saudi Arabia. The government??s ambitious projects such as building new cities like Neom City, Riyadh Metro project etc., which will require extensive infrastructure development will fuel the need for HVAC equipment across different sectors including residential, commercial and industrial spaces.
High installation costs associated with HVAC equipments can restrict their adoption among price sensitive customers particularly underprivileged sections of society living in rural areas or small townships; thus hindering their access to reliable cooling solutions during summers season when temperatures reach extreme levels in some parts of country.
However, rising costs associated with installation & maintenance services along with lack of awareness about modern cooling technologies may constrain industry development over the coming years. Moreover, since 2025 has been declared as an unprecedented year due to COVID 19 pandemic outbreak across nations worldwide which caused economic slowdown around globe affecting various industries including warm air heating and air conditioning sector adversely; however post pandemic situation is expected to bring positive outlook for industry players owing to increased investment in healthcare facilities from governments resulting stimulating demand for efficient HVAC systems across Saudi Arabia thus aiding overall business landscape positively up until 2031.
Some key companies operating in the Saudi Arabia warm air heating and air conditioning market include Daikin Airconditioning India Pvt Ltd., Panasonic Corporation , Samsung Electronics Co., Ltd., LG Electronics Inc., Honeywell International Inc., Midea Group Co., Limited , United Technologies Corporation , Johnson Controls International plc , Ingersoll Rand Plc , Haier Group Corporation among others.
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 Warm Air Heating and Air Conditioning Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Warm Air Heating and Air Conditioning Market - Industry Life Cycle |
3.4 Saudi Arabia Warm Air Heating and Air Conditioning Market - Porter's Five Forces |
3.5 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.6 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Warm Air Heating and Air Conditioning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Warm Air Heating and Air Conditioning Market Trends |
6 Saudi Arabia Warm Air Heating and Air Conditioning Market, By Types |
6.1 Saudi Arabia Warm Air Heating and Air Conditioning Market, By Components |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Components, 2021-2031F |
6.1.3 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Sensors, 2021-2031F |
6.1.4 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Controllers & Constrolled Devices, 2021-2031F |
6.2 Saudi Arabia Warm Air Heating and Air Conditioning Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenues & Volume, By Industrial, 2021-2031F |
7 Saudi Arabia Warm Air Heating and Air Conditioning Market Import-Export Trade Statistics |
7.1 Saudi Arabia Warm Air Heating and Air Conditioning Market Export to Major Countries |
7.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Imports from Major Countries |
8 Saudi Arabia Warm Air Heating and Air Conditioning Market Key Performance Indicators |
9 Saudi Arabia Warm Air Heating and Air Conditioning Market - Opportunity Assessment |
9.1 Saudi Arabia Warm Air Heating and Air Conditioning Market Opportunity Assessment, By Components, 2021 & 2031F |
9.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Warm Air Heating and Air Conditioning Market - Competitive Landscape |
10.1 Saudi Arabia Warm Air Heating and Air Conditioning Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Warm Air Heating and Air Conditioning Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |