According to the industry analysts forecast, the GCC Air Conditioner Market is projected to grow at a CAGR of 7.3% and the Oman Air Conditioner market is projected to grow at a CAGR of 5.8% during 2017-2023. Oman’s construction industry will continue to expand as the government is focusing on the development of transport infrastructure, energy and utility facilities, and affordable housing. The public sectors investments in seaports, airports and special economic zones and the Oman Vision 2040 are expected to drive growth in the HVAC industry.
Oman is expected to be a highly lucrative market for HVAC systems, as the country has hot climate through the year which has encouraged the governments to increase efforts in the improvement of infrastructure and actively employ the use of HVAC systems.
HVAC Summit Oman with the theme “Energy Efficient and Sustainable Technologies“ will be held on 26th March at Oman Convention & Exhibition Centre, Muscat, Sultanate of Oman and is held concurrently with Big Show Exhibition.