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2.8.1 Indonesia
2016/11/24
Indonesia saw real GDP growth of 4.79% in 2015, a downward trend for the fifth year running. Public investment was down, and construction of office buildings and hotels has been postponed.
 
The Indonesian chiller market in 2015 contracted to US$ 74.7 mil-lion, a decrease of 13.1% compared with in 2014, and Indonesia gave up its long-standing top position to Thailand. An 18.7% decrease in the screw chiller sector, which accounted for nearly half of the total chiller market on a value basis, was a major factor in the market contraction. The scroll segment recorded positive growth of 53.0%, increasing to US$ 10.7 million in 2015.
 
York and Trane dominate the market, followed by Carrier, Daikin, and Dunham Bush. Chinese manufacturers also began entering the market several years ago. O.Y.L. Sentra Manufacturing, a group company of O.Y.L. Manufacturing (OYLM) in Malaysia, produces airside products in Indonesia.
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