SAUDI ARABIA RESIDENTIAL AC MARKET SOARS AS DEMAND FOR ENERGY-EFFICIENT SOLUTIONS GROWS

The Saudi Arabian residential air conditioner (AC) market is witnessing rapid growth, with a projected market size of USD 917.8 million by 2030. According to a recent report by P&S Intelligence, the market was valued at USD 574.7 million in 2023, expanding at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. Driving this growth