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Technology, a Driver of Growth in the AC Market -- China
The era of high-speed growth has come to an end in China. The RAC market has reached the replacement phase, especially in coastal regions. On the other hand, the air conditioner penetration rate in central and western rural areas remained low, suggesting huge market potential. According to the Na...
Technology, a Driver of Growth in the AC Market -- Latin America
Asian air conditioner manufacturers have lost some confidence in Latin American market prospects due to prolonged weak demand in the construction industry among other factors. Brazil Brazil faced the depreciation of its currency and political instability in 2015. A dark cloud hung over the Br.../images/up/News/20162232232936200.jpg
Technology, a Driver of Growth in the AC Market -- India
High temperatures from March to May 2015 boosted growth in the Indian RAC market. With the arrival of the monsoon season in June, however, heavy rains depressed market demand. The market ended with only 3% growth in 2015 and huge inventory buildups. Looking at the Indian air conditioner market ov...
Technology, a Driver of Growth in the AC Market -- The United States
Overall, the manufacturing industry is still growing, but the growth momentum has slowed a little. Record cold temperatures and snowfall during the winter of 2015 disrupted the new construction market and HVAC replacement demand. The volume of window-type air conditioners was flat year on year....
Technology, a Driver of Growth in the AC Market -- The Middle East
The Middle East Investment in buildings remained strong in the Middle East. The regional air conditioner market grew by 4% year on year. Saudi Arabia and the United Arab Emirates (UAE) are major markets in the region. Chinese air conditioner brands have entered the Middle Eastern market with Chines...
Technology, a Driver of Growth in the AC Market -- Europe
A Review of the 2015 Global Air Conditioner Market Part II Continued from the January Issue Markets by Region Europe Overall, the European air conditioner market grew by 6% year on year in 2015. France, the United Kingdom, and western Germany experienced scorching temperatures from the .../images/up/News/201622319143211499.jpg
Future Life Connecting Appliances and Vehicles
The Internet of Things (IoT) is a term that refers to technology connecting all types of objects using the Internet. Many companies in Germany, the United States, and Japan are testing ways to use IoT for such things as improving customer service and production efficiency as well as reducing cost.../images/up/News/201622313521997004.jpg
Carrier Contributes to Reducing Food Waste with Refrigeration Technology
Carrier, a world leader in heating, air conditioning, and refrigeration solutions, held the second World Cold Chain Summit to Reduce Food Waste in Singapore from December 2 to 3. The first World Cold Chain Summit to Reduce Food Waste was held in London in 2014. The Summit brought together 131 delega.../images/up/News/201612412243837337.jpg
HVAC&R Japan 2016 Preview
‘A Look at Heating and Cooling Technologies for an Ideal-Temperature Future’ The Japan Refrigeration and Air Conditioning Industry Association (JRAIA) is slated to hold the 39th Heating, Ventilating, Air Conditioning and Refrigerating Expo (HVACR Japan 2016) over the four-day period of February 2.../images/up/News/20161210203093222.jpg
Reducing Food Loss and Waste in the Cold Chain
According to the survey ‘Global Food Losses and Food Waste - Extent, Causes and Prevention’ by the Food and Agriculture Organization (FAO) of the United Nations, approximately one-third of all food produced for people around the world, reaching approximately 1.3 billion tons of food annually by weig.../images/up/News/201612023415570548.jpg
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