Oman Air Conditioner Market to Hit Valuation of US$ 747.95 Million by 2033 | Astute Analytica [Yahoo! Finance]
The Middleby Corporation (MIDD)
Last the middleby corporation earnings: 2/26 07:00 am
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Source: Yahoo! Finance
With a focus on energy efficiency and smart solutions, the industry is poised for explosive growth, transforming comfort while supporting sustainable development in the region. New Delhi, March 03, 2025 (GLOBE NEWSWIRE) -- As per the newest research from Astute Analytica, the Oman air conditioner market was valued at US$ 447.55 million in 2024 and is anticipated to reach US$ 747.95 million by 2033, growing at a CAGR of 5.98% during the forecast period 2025–2033. Oman's climate has been undergoing significant changes in recent years, with temperatures reaching unprecedented levels. In 2023, the country experienced its hottest summer on record, with temperatures in Muscat soaring to 49.6°C, surpassing the previous record by 1.2°C. This extreme heat has led to a surge in air conditioner market growth, with the average Omani household now running their AC units for 18 hours a day during peak summer months, up from 14 hours in 2020. The intensity of heatwaves has also increased, with O
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MIDD
Earnings
- 11/6/25 - Beat
MIDD
Sec Filings
- 12/15/25 - Form 4
- 12/9/25 - Form 4
- 12/5/25 - Form SCHEDULE
- MIDD's page on the SEC website