Applied
2.8.1 Indonesia
Indonesia’s real GDP growth came to 5.8% in 2013, falling below 6% for the first time in four years. Despite the slowdown, the expansion of the middle class was a major contributor to maintaining Indonesia’s ongoing stable growth. Indonesia is the largest chiller market in the ASEAN-5. The chiller market in 2013 was worth US$ 111.3 million, an increase of 2.1% compared with US$ 109.0 millio...
2.8 Southeast Asia
The ASEAN recorded economic growth of 5.1% in 2013, slower than the 5.8% growth recorded in 2012. A new trend of creating industrial clusters within the ASEAN region is taking place, with industry shi...
2.7 Taiwan
Taiwan has a dynamic capitalist economy with gradually lessening government guidance of investment and foreign trade. Exports, led by the electronics, machinery, and petrochemicals industries, have pr...
2.5 India
Reported by Rakesh Kumar, Technical Editor, ISHRAE Journal Indian Economy The Indian economy grew at a modest 4.7% in fiscal year 2013-2014 (ending in March 2014). The HVAC industry continued to face ...
2.4.7 Spain
At US$ 133 million Spain has the smallest market for central plant featuring in this survey. Air conditioning here is based mainly on unitary DX equipment and DX systems such as VRF and other multi split variations. The public and commercial construction sectors which could offer opportunities for traditional chillerbased central systems has not yet recovered from the financial setbacks. &n...
2.4.6 Turkey
Sales of chillers and air systems equipment is expected to be around US$ 203 million in 2014. Most of the value of the chiller sector is in units of over 100 kW which make up over 90% of the to...
2.4.5 France
The total market for chillers and air systems should reach around US$ 341 million in 2014. For chillers (US$ 166 million) sales of medium size machines (<200 kW) have benefited from the grow...
2.4.4 Russia
The total market in 2014 for chillers and air systems products in Russia is estimated to be close to that of Italy’s at around US$ 404 million. However in Russia the chiller sector is much smaller and...
2.4.3 Italy
For 2014 the total market for chillers and air systems in Italy is expected to be around US$ 401 million. In the chiller total of US$ 222 million, around 60% in terms of value is made up of mac...
2.4.2 United Kingdom
The total market for chillers and air systems equipment in the United Kingdom is expected to be around US$ 439 million in the current year. In a total of around US$ 146 million, chiller sales are concentrated in the medium to large size ranges above 100 kW. Here the competition is mainly between scrolls and the Turbocor machine although screw machines continue to hold their market share. Hopes for...
2.4.1 Germany
Estimated to reach around US$ 850 million in the current year, Germany has by far the largest market in Europe for chillers and air systems equipment. Just over half the chillers sold are in ca...
2.4 Europe
Reported by Alan Field, based on the BSRIA market survey This is a report about the central plant air conditioning equipment in Europe 2014 based on a market survey from the UK research association BSRIA due to be published at the end of November this year. The full set of the final BSRIA reports will contain in-depth analyses of the current structure of the industry and its future prospects.ciali...
