Other Asia

2015.05.27

1.3.7 Myanmar

Lagging behind its more economically developed neighbors in the emerging Greater Mekong Subregion, Myanmar is being called the last frontier in Asia.   Myanmar’s air conditioner market is estimat...

2015.05.25

1.3.6 Philippines

The Philippine market is characterized by stable development with little fluctuation. JARN estimates the Philippine market size at about 631,000 units in 2014, marking expansion of 4.4% compared with ...

2015.05.26

1.3.5 Vietnam

Vietnam has a growing population of 90 million with a strong cultural focus on education. The percentage of high school students going on to university is rising, reflecting the rising income levels i...

2015.05.26

1.3.4 Singapore

Growth in Singapore’s air conditioner market is trending slower, but is expected to remain stable in the coming years. The government is moving to restrain real estate investment, which is casting a s...

2015.05.26

1.3.3 Malaysia

Malaysia experienced a cool summer in 2014, and the awaited introduction of a new Goods and Services Tax (GST) had a dampening effect on purchasing appetites, keeping growth low.   Market demand ...

2015.05.26

1.3.2 Thailand

The country’s political situation appears to be stabilizing. Thailand’s Valued Added Tax (VAT) rose from 7% to 10% in October, with a rush in air conditioner demand before the tax increase.   Tha...

2015.05.26

1.3.1 Indonesia

Indonesia elected a new president in 2014 and the political situation appears stable. The public policy outlook shows relatively high internal demand and sustained economic growth. The lifestyle of ci...

2015.05.26

1.3 Southeast Asia

The penetration rate of air conditioners is still low in Indonesia, the Philippines, Thailand, and Vietnam. Demand from the burgeoning Southeast Asian middle class that does not yet own an air conditi...

2015.05.18

Indonesian AC Market in 2014

Reported by Yoshiharu Osumi, HVAC&R Advisor, Indonesia The Indonesian economy slowed in 2014, reflecting sluggish investment due to the uncertain political situation as well as slack exports affec...

2015.05.13

Air Conditioner & Fan Sales Rise in Vietnam

At electronics stores in Hoh Chi Minh City, demand for air conditioners and fans have recently skyrocketed with the onset of summer. According to the Southern Hydrometeorology Station, the city and southeastern region entered the hot, dry season 10 days earlier than normal, and this weather was forecast to continue until the end of April or early May.   According to a marketing director of Ng...

2015.04.16

Next Step Forward in Gas Turbine Power Augmentation

Johnson Controls launches first containerized Gas Turbine Inlet Air Cooling solution in the market SINGAPORE, April 28, 2015 -- Johnson Controls, a global multi-industrial company, launches YCP-2020, ...

2015.04.13

Bangkok RHVAC 2015 to be Held on August 13-16

Thailand to Showcase New Innovation Joining Hands with AEC Bangkok Refrigeration Heating Ventilation and Air-Conditioning 2015 (Bangkok RHVAC 2015) will be held from August 13 to 16 at Bitec Bangkok i...

 
 
 
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