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November 2021

World Chiller and Air-side Equipment Market – 2021 Update - 1 OVERVIEW

The International Monetary Fund (IMF) estimates that the global economy shrank by 4.4% in 2020. Affected by the COVID-19 pandemic, countries generally implemented economic blockade policies in the second quarter. The manufacturing and service industries were shut down, unemployment rates soared, and the gross domestic product (GDP) decline in many countries hit a record. After the third quarter, the countries’ economies gradually unblocked. Still, the second wave of the pandemic triggered an economic blockade policy, and the momentum of economic recovery has been weakened. The reorganization of global industrial chains and value chains is accelerating, and some global industrial chains are forced to press the ‘pause button.’

September 2021

World Refrigeration Equipment Market – 2021 Update – 1 OVERVIEW

The global food distribution industry has been, and continues to be negatively impacted by the COVID-19 pandemic.

Since the beginning of 2020, as the pandemic has spread globally, almost all countries and regions around the world have experienced lockdowns to varying degrees or have implemented emergency measures. Due to restrictions on operations, business activities cannot be carried out normally. In various countries, supermarkets and convenience stores are protected by governments as lifelines, but investment in refrigeration equipment has slowed down, and some projects have even been suspended Due to the restriction of personnel movement, there is a shortage of construction personnel, and many construction projects have ground to a halt.

July 2021

World ATW Heat Pump Market – 2021 Update - 1 OVERVIEW

In 2020, air-to-water (ATW) heat pump manufacturers were affected to a varying extent by plant closures and supply chain disruptions due to the impact of the COVID-19 pandemic.

Heat pump manufacturing outputs quickly returned to pre-pandemic levels in China, Europe, and Japan, which are major markets and production bases. Thanks to subsidy policies for renewable energy, the major ATW heat pump markets have continued to maintain growth except in China.

May 2021

World Compressor Market – Update 2021 - 1 OVERVIEW

In 2020, the domestic and commercial air conditioning markets of emerging countries including China, India, Southeast Asia, and Latin America have been hit by the pandemic and have fallen sharply. In the United States, Japan, Europe, and Australia, driven by working at home demand and government subsidies, demand for residential air conditioning increased slightly or remained steady. The recovery of China's commercial air conditioning market has accelerated since the second half of 2020, but the situation in the entire global commercial air conditioning market is very difficult.

March 2021

World Compressor Market – Update 2021 - 1 OVERVIEW

In 2020, the domestic and commercial air conditioning markets of emerging countries including China, India, Southeast Asia, and Latin America have been hit by the pandemic and have fallen sharply. In the United States, Japan, Europe, and Australia, driven by working at home demand and government subsidies, demand for residential air conditioning increased slightly or remained steady. The recovery of China's commercial air conditioning market has accelerated since the second half of 2020, but the situation in the entire global commercial air conditioning market is very difficult.

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