Myanmar’s air conditioner market is forecast to grow to about $250 million by 2025, according to BusinessWire, a Berkshire Hathaway company.

The market is projected to grow on account of growing construction industry, increasing urban population and rising technological advancements, according to the report.

Among the key factors boosting this market are rising disposable income and the increasing purchasing power of the country’s middle-class income group. In addition, changing lifestyle and preferences of consumers has also been positively influencing the air conditioner market in Myanmar.

Naturally, the Yangon Region is the main growth area, with demand from offices, shops and households.