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Another Tie-up between Asian and U.S. AC Manufacturers
-- Mitsubishi Electric and Ingersoll Rand to Establish a JV On January 17, 2018, Mitsubishi Electric and Ingersoll Rand announced that they have entered into an agreement to establish a 50%-50% joint venture (JV). Pending favorable global antitrust reviews and customary closing conditions, the.../images/up/News/2018221033024040.jpg
Scroll Compressor Demand Skyrocketed
News from China’s compressor industry indicated that, as the second largest scroll compressor production base in the world, all manufacturers have been producing at their full production capacity since September 2017. However, in spite of this unprecedented production level, the market is still enco.../images/up/News/201812023451464457.jpg
Looking for Ideal Match in Chiller Market
-- Fujitsu General GIH Makes a Comprehensive Tie-up Agreement On November 21, 2017, Fujitsu General and Italy-based G. I. Holding (GIH) entered into a basic agreement concerning a comprehensive tie-up including joint development related to commercial air conditioners. Italy is the second larg.../images/up/News/201712232251680218.jpg
Danfoss Opens New Production Base for Turbocor Oil-free Compressors in China
On November 1, Danfoss held a grand opening ceremony to celebrate the inauguration of its first Turbocor assembly line in China and its new Application Development Center (ADC) for its Power Solutions businesses on its Haiyan Campus in Zhejiang Province. Danfoss oil-free technology demonstrated at .../images/up/News/2017112223374365976.jpg
Panasonic Pursuing 200 Billion in Commercial AC Sales by FY 2020
-- Priority Focus on Asia and Europe In July 2017, Panasonic announced its plan to earn 200 billion (about US$ 1.8 billion) in the large air conditioner business by fiscal year 2020 (end March 2021). Panasonic has seen strong sales of room air conditioners (RACs) in Asia and enjoys a large marke.../images/up/News/2017102210312869724.jpg
RAC Trends Shifting to More Multi-Functions
-- From Room Temperature Control to IAQ Control In the Northern Hemisphere, summer has ended, and the leading Japanese room air conditioner (RAC) manufacturers have announced new products for the coming season in the market, and are gradually launching sales activities. To address environmental .../images/up/News/201792316331167160.jpg
Thailand Accelerating Shift to R32
At the Bangkok RHVAC 2017 held from September 7 to 9, JARN learned that the Thai room air conditioner (RAC) market has entered the era of refrigerant replacement with R32. A majority of manufacturers displayed their R32 RACs at the exhibition. Thailand has become a pioneer in the use of R32 as a .../images/up/News/201792316282564782.jpg
Global AC Market Shows Growth Driven by India and China
-- Review of the Global AC Market in the First Half of 2017 The global air conditioner market in the first half of 2017 recorded higher growth compared with the same period of last year. China, which occupied about 40% of the global air conditioner market, operated at full gear and at full spe.../images/up/News/20178239252927353.jpg
Can the European Market Grow for Two Consecutive Years?
In June, European countries experienced intense heat waves and the highest temperature topped 35℃ in an increasing number of regions. Will this intense heat for two consecutive years boost European demand for room air conditioners (RACs) again this year? In the European market last year, because .../images/up/News/2017723031276859.jpg
Hot AC Sales and High Inventory in China
As JARN learned from the latest market survey, the Chinese air conditioning market exploded in the first half of this year. Both the production sector and the retail market are welcoming the hot sales season. Statistics from suppliers of air conditioning systems, compressors, and key components s.../images/up/News/20177230134853340.jpg