Can a heavy weight wall (brick/adobe/blocks construction) that represents good thermal mass, be replaced by lightweight (wood) construction in hot climates?

Is there a way prefabricated light , cheap and mass produced solutions can replace and achieve the same results as a heavy construction and good thermal mass wall? Is it possible to use lower mass and get good results?

For climates where temperatures swings are a problem and mostly for hot dry climates (arid) such as the Saudi Arabian

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