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Saudi Arabia Air Conditioner Market Revenues Poised to Exceed $1.9 Billion by 2023 - 6Wresearch
17 July 2017

According to 6Wresearch, Saudi Arabia Air Conditioners market revenue is projected to reach over $1.96 billion by 2023. Saudi Arabia, being an oil based economy over two decades, as part of its Vision 2030 plan is now aiming to increase the overall non-oil government revenues from $43.5 billion to $160 billion by 2020, and to $266.6 billion by 2030 in the aftermath of slump in oil prices.

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Qatar Air Conditioner Market Revenues to Reach $665 Million by 2023 - 6Wresearch
17 July 2017

According to 6Wresearch, Qatar Air Conditioner market revenues are anticipated to reach over $665 million by 2023. Qatar is likely to exhibit high intensity construction activities primarily driven by FIFA World Cup 2022. The government is planning to spend over $200 billion as a part of a major infrastructural investment scheme between 2016 and 2022.

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Oman’s Air Conditioner Market Outlook to register healthy growth rate owing to Government’s Push for Public-Private Partnerships in Building and Infrastructure Projects - 6Wresearch
17 July 2017

According to 6Wresearch, Oman Air Conditioner market is projected to grow at a CAGR of 5.8% during 2017-23. To decrease its dependency on oil, the sultanate is making provisions against ongoing or further drop in oil prices by investing more than $50 billion on infrastructural projects over the next 15 years, with $20 billion amount earmarked for the transportation sector alone.

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Kuwait Air Conditioner Market Poised to Grow at a CAGR of 6% During 2017-23 – 6Wresearch
17 July 2017

According to 6Wresearch, Kuwait Air Conditioner market is expected grow at a CAGR of 6% during 2017-23. Growth in Kuwait air conditioner market is likely to follow with the revamp of construction activities in the country predominantly on account of government’s initiatives to boost infrastructural development and support private sector with the expected recovery of oil prices.

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Construction Sector to Gear up Bahrain Air Conditioning Market aided by GCC Development Fund - 6Wresearch
17 July 2017

According to 6Wresearch, Bahrain Air Conditioner market is projected to grow at a CAGR of 4.5% during 2017-23. Supported by Gulf Development Program, contracts worth more than $395 million have been awarded to contractors for the development of housing units across the country. Announcement of tenders valued at $300 million for projects related to infrastructure is expected to record installation of air conditioners in the country.

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