With the HVACR market in Saudi Arabia expected to reach a value of up to US$6.36bn by 2022, the region’s most anticipated HVACR event continues to gain interest from global industry leaders looking to invest in the kingdom
Backed by strong support from the Saudi Standards, Metrology and Quality Organisation (SASO) and GCC Standardisation Organisation (GSO), HVACR Expo Saudi is gearing up for its fourth edition in Riyadh in January 2019.
The event will bring together the top international and local HVACR players for three days of business and networking from 28-30 January 2019. Exhibitors will include the likes of Carrier, Zamil AC, YORK, Midea, Samsung, Alessa Group, LG, SKM, Caleffi Hydronic Solutions, VTS Clima, Hitachi, Haas, Gibson, Rheem, RIG, BNF and many more.
Roni El Haddad, event director for the HVACR event, said, “Saudi Arabia contributes close to 2 per cent of the global HVACR market and this has not gone unnoticed by major industry players abroad. We are witnessing a growing interest from these brands to present the latest HVACR products to the Saudi market, and to offer the technologies capable of pushing forward this promising sector.”
“Thanks to the development of new regulations, and ongoing discussions between local market leaders and Saudi Authorities, international brands planning to enter the market or to expand their local production opportunities can look forward to strong business relations going forward,” he added.
HVACR Expo Saudi will host industry leaders from more than 15 countries including Turkey, China, Italy, USA, Kuwait, Malaysia, Singapore, Egypt, United Arab Emirates and KSA to showcase the most innovative industry solutions.
Faizal Babu Pallathody, managing director of VTS Clima, noted, “Extreme climatic conditions in Saudi Arabia, changing lifestyles and the rising number of government initiatives towards restructuring the country’s oil-dependent economy is expected to boost demand for HVAC systems in the country.”
“Growth in the market is anticipated to be driven by increasing integration of HVAC systems in smart products and continuously rising demand for energy-efficient HVAC systems,” Pallathody stated.
The expo will offer a free-to-attend, CPD (continuing professional development) certified workshop agenda that will run across two workshop theatres conducting 30 sessions.
In 2018, HVACR Expo Saudi welcomed more than 6,000 industry professionals from more than 25 visiting countries and was 20 per cent larger than the previous edition. Along with 75 exhibiting companies, the event featured 20 workshop sessions, exclusive product launches and the EU-Saudi Arabia Energy Efficiency Meeting.
