Newsgate360 – Riyadh: The Region’s Largest Dedicated HVAC R Business Event HVAC R Expo Saudi 2020 hosted over 80 exhibiting brands from 18 countries for three days of business and networking and discovering new technologies and trends on heating, ventilation, air conditioning and refrigeration in Saudi Arabia at the Riyadh International Conference & Exhibition Center in February 2020. HVAC R Expo Saudi brought together the most innovative HVAC R solutions and equipment from local and international manufacturers in a bid to support improved HVAC R standards and efficiency goals within the Kingdom’s projects.
The attractive market for heating, ventilation, air conditioning and refrigeration products in Saudi Arabia has been credited for this years’ success. Here is what the leading brands had to say about Saudi Arabia:
Giving reason for the varied international presence at this year’s HVAC R Expo Saudi, Mr Mahmoud Hamdan, Regional Sales Manager at Kingspan Insulation has said: “The Saudi HVAC R market is a fast-paced market with ongoing potential to develop business. Owing to its vast size, it can also absorb various types of manufacturers and suppliers, especially the premium quality and certified products.”
Looking deeper into the existing trends in Saudi Arabia’s HVAC R market, Mr Sunil Tiwari, Vice President – Global Sales & Marketing at HMX Cooling & Heating commented: “The sheer size of the existing HVAC market in KSA and the projected demand over next decade is impressive enough for any HVAC equipment manufacturer to turn to this region for business. More over in view of renewed focus of the government on sustainable development, the demand for energy saving technologies in HVAC are only bound to grow with each passing year. These are all ingredients for a perfect business recipe for green air-conditioning company like HMX and so it is extremely exciting for us.”
Mr Vineet Kashyap, Managing Director, Carrier Middle East Equipment has observed similar opportunities in the local sector: “On new builds there are many areas of opportunity. The focus on tourism in the country, for example, and the implementation of the open tourist visa and increasing investment in entertainment infrastructure, has boosted wider business opportunities for the sector. Additionally, the increasing number of ambitious projects, such as NEOM, Qiddiyah, Red Sea project, and Amaala will continuously require the latest and most competitive HVAC&R solutions.”
Commenting on their participation at HVAC R Expo Saudi, Mr Sol Bou-Nacklie, CEO at Greenaire for Air Conditioning company concludes: “Saudi Arabia is one of the most important AC markets in the world. We have been in the AC business for many decades and have seen that the Saudi market is the largest in the Middle East and Africa. In terms of size, value, product diversity, purchasing power, hot climate, variance of this climate, etc., Saudi Arabia is the right market to launch a new AC product.”
HVAC R Expo Saudi 2020 was co-located with FM EXPO and Saudi Clean Expo and Stone & Surface Saudi. Saudi Standards, Metrology and Quality Organization (SASO), GCC Standardization Organization (GSO) and Saudi Council of Engineers (SCE) have proudly supported the events. HVAC R Expo Saudi will be held once again from 25 to 27 January 2021.