Admiral Container Lines Adds Carrier Transicold PrimeLINE Refrigeration Units to Help Meet Increased Demand hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Summary
Global network of subject matter experts and professionals from leading production homebuilders and other segments of the industry to advise on ways designers and developers can design, build, measure and verify strategies to address health and well-being in residential spaces
Tuesday, May 18, 2021 - 5:20pm
CONTENT: Press Release
NEW YORK, May 18, 2021 /3BLMedia/ – The International WELL Building Institute (IWBI) today announced the launch of its new WELL Homes Advisory to guide IWBI in expanding its evidence-based, third-party verified WELL offerings to address the design and construction of homes worldwide. The Advisory will help identify key challenges and opportunities for expanding the science-backed programs rooted in the WELL Building Standard (WELL) to include the single-family footprint as well as enhance the existing pathway for multi-family residences.
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NEW YORK, May 19, 2021 /PRNewswire/ The $23-billion Riyadh metro project, which is 109 miles long, was 83% complete in 2019. Similarly, the three-line Jeddah metro network is under construction, which was set to be completed in 2020. Due to such rapid infrastructure development, the Saudi Arabian heating, ventilation, and air conditioning (HVAC) market is set to grow from $2,476.1 million in 2020 to $4,821.8 million by 2030, at an 8.1% CAGR between 2021 and 2030.
This is because cooling and ventilation systems are a necessity in the stations and underground tunnels of such networks. Another major government project that is boosting the Saudi Arabian HVAC market advance is the NEOM megacity, the first phase of which was completed in mid-2019. In addition, a large number of HVAC systems have been installed at Vox Cinemas, which was opened to the public in May 2019.
Saudi HVAC sector eyes $4.8bn revenue by 2030, says report
RIYADH, 9 hours, 17 minutes ago Saudi Arabia s heating, ventilation, and air conditioning (HVAC) market is set for significant growth over the next 10 years with its revenue surging to over $4.8 billion by 2030 from $2.5 billion in 2020, growing at a 8.1 per cent CAGR, according to research firm P&S Intelligence. This growth is mainly due to the ongoing metro work in Riyadh and Jeddah and other clean energy projects, said a report. With cooling and ventilation systems now becoming a necessity in the stations and underground tunnels of such networks, the demand for HVAC is growing at a rapid pace, it stated.
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