The Global R32 AC Market – 2022 Overview Part I

2023-07-03
A review of global air conditioner market trends in 2022 demonstrates that demand in the major markets such as those in China, Japan, and Europe slightly decreased compared with 2021 due to the negative impacts exerted by the prolonged pandemic as well as Russia’s invasion of Ukraine, while India and Southeast Asia showed significant growth in demand due to economic recovery. As a result, the overall global air conditioner market showed a slight decrease in 2022.
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