RAC/PAC
1.4 India
Reported by Rakesh Kumar, Technical Editor, ISHRAE Journal Politico-Economic Scene World Bank data peg India’s gross domestic product (GDP) growth in 2015 at 7.3% - higher than any major world economy...
1.3.7 Myanmar
Myanmar’s air conditioner market had a scale of only 262,000 units in 2015. The percentage of the population that owns an air conditioner is still low. With a population of approximately 50 mil...
1.3.6 Philippines
JARN estimates the Philippine air conditioner market scale at about 690,000 units in 2015. With a U.S.-style air conditioner culture, an expanding middle class, and an air conditioner penetration rate of 7%, the market is forecast to expand at an increasingly fast rate in the near term. Exports of air conditioners from China to the Philippines approached 520,000 units in 2015, showing 20% y...
1.3.5 Vietnam
Personal income in Vietnam is growing and the middle class is expanding rapidly, with a large young population. Presenting rapid growth, the air conditioner market in Vietnam has grown to be on...
1.3.4 Singapore
Impacted by government policy, construction of public housing stagnated in 2015 in Singapore. Singapore’s air condit ioner market scale is estimated at about 165,000 units in 2015, with about 1...
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1.3.3 Malaysia
Impacted by currency depreciation and challenging weather conditions, sales of air conditioners in Malaysia were more than 0.8 million units in 2015. RACs showed a 30% year on year decrease while sale...
1.3.2 Thailand
Economic development in Thailand slowed down owing to the rising price of agricultural products and falling exports of industrial products. In 2015, the Thai air conditioner market got off to a slow s...
1.3.1 Indonesia
Indonesia is the largest air conditioner market in Southeast Asia, with a market scale that hit 2.6 million units in 2015, indicating 6.9% year-on-year growth. Indonesia has a large population of 200 ...
1.3 Southeast Asia
The total market volume of air conditioners in Southeast Asia amounted to 8.9 million units, showing 10.5% year-on-year growth in 2015. Indonesia, the Philippines, Vietnam, and Thailand accounted for ...
1.2 China
JARN estimates China’s air conditioner market decreased by 8.7% year on year in 2015, suffering sharp decline. Demands on RACs were lower than the previous year. PACs also confronted shrinking demands...
1.1.2 Canada
According to the Heating, Refrigeration and Air Conditioning Institute (HRAI) of Canada, commercial air conditioner shipments increased 21% from 33,040 units in 2014 to 40,127 units in 2015. Commercial air conditioning units are classified as rooftops (combination heating/ cooling), packaged cooling, and packaged heat pumps with capacity over 5 RT. Ducted residential air conditioner shipmen...
