Market Report

2020.08.23

Global RAC Market Shrinks by 27% -- The United States

In the first half of 2020, the U.S. economy was severely affected by COVID-19 with all-time high unemployment. However, consumer confidence appears to be relatively resilient. According to Air-Cond...

2020.08.23

Global RAC Market Shrinks by 27% -- Europe

In Europe, the COVID-19 pandemic spread from early March. In March and April, countries implemented lockdowns spreading from Italy across the rest of Europe, and economic activity stagnated. In May, t...

2020.08.23

Global RAC Market Shrinks by 27% -- Southeast Asia

Since the beginning of this spring, Southeast Asia has generally experienced good weather. However, that did not lead to an increase in demand for RACs as in previous years. Southeast Asia was serious...

2020.08.03

European Heat Pump Market

Reported by Martin Forsén, president of the European Heat Pump Association (EHPA) Heat Pump Markets The European heat pump market continues to grow at a steady pace. The market grew for the...

2020.08.02

Magnetic-bearing Centrifugal Chillers Enhance Their Presence

As an environmentally friendly product, the characteristics of magnetic-bearing centrifugal chillers include low noise, no friction, and a long service life, among others. Originating in Australia, ma...

2020.07.27

Embraco Sees Energy Efficiency & Low Noise Demand in Medical

The proper conservation of medicines, research samples, blood, and other medical material is indispensable in the health sector, in which refrigeration plays an essential role. When such products dete...

2020.07.25

Awareness- raising Activities Conducted Worldwide on World R

Held annually on June 26, World Refrigeration Day reached its second year in 2020. Called the ‘Coolest Day of the Year,’ it is an international awareness-raising campaign created to raise ...

2020.07.22

MHI Thermal Systems Ramping up Marketing of Air Conditioners

Mitsubishi Heavy Industries Thermal Systems (MHI Thermal Systems) is ramping up marketing of air conditioners specifically created for the Taiwanese market, where Japanese brands enjoy a high market s...

2020.07.09

Chinese Key Component Companies Actively Develop High-end Pr

In China, the government is aggressively assisting economic recovery from the COVID-19 pandemic. In this context, Chinese manufacturers in the heating, ventilation, air conditioning, and refrigeration...

2020.07.08

Data Center Cooling Methods Update

In the old days, information processing facilities installed in companies were called telephone exchange rooms and computer rooms. They are now called data centers and their amount of information hand...

2020.07.06

Japanese Manufacturers Contributing to Creation of Healthy A

In the context of the COVID-19 pandemic, indoor air quality is attracting more attention in Japan too. To address pandemic-related needs, Japanese manufacturers offer room air conditioners (RACs) adop...

2020.06.29

China AC Exports on a Roller Coaster

The recent COVID-19 pandemic has had a major impact on both the supply of, and demand for, air conditioners. The air conditioner industry has suffered from factory shutdowns and export stagnation. ...

 
 
 
 
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