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JARN News

2012.05.28

2.6.3 Malaysia

The Malaysian economy developed soundly in 2011, driven by domestic demand. Residential building construction also experienced stable growth. Chinese investment seems to have sparked an economic bubble in the country.   The weather was mild from January to April, with frequent rain. Particularly poor weather in October kept RAC sales down. JARN estimates the Malaysian market size at around 80...

2012.05.28

2.6.2 Thailand

In Thailand, cooling-only ductless split types dominate the market, and mainly consist of constant-speed R22 wall-mounted single splits in capacities from 13,000 to 18,000 BTU/h. However, the ratio of...

2012.05.28

2.6.1 Indonesia

The Indonesian economy has been performing relatively well compared with other emerging countries, due to the bigger size of its economy and strong domestic demand. Home to the world’s fourth-largest ...

PR 2018.08.16

i-NX-Q: the new Climaveneta multi-purpose heat pump with inverter technology

Mitsubishi Electric Hydronics & IT Cooling Systems presents i-NX-Q. Climaveneta’s air source multi-purpose unit with scroll inverter compressors and cooling capacity from 43 to 151 kW. The logic of
2012.05.28

2.6 Southeast Asia

According to the World Meteorological Organization (WMO), rainfall was well above average during the 2011 monsoon season (June?September) in much of Southeast Asia. Floods caused major loss of life an...

2012.05.28

2.5 South Korea

Due to increases in the cost of living and slowing economic growth in South Korea, purchasing power has noticeably declined and consumer appetites have cooled. Lingering unease over the direction of c...

2012.05.28

2.4 Japan

Economy The Japanese economy suffered a major blow from the earthquake and tsunami that struck eastern Japan on March 11, 2011 as well as from the subsequent nuclear plant disaster. The breakdown of t...

2012.05.28

2.3.8 Turkey

Although not normally considered part of Europe, Turkey is a rare example of a booming economy that grew by 9% in 2010 and by virtually the same amount in 2011.   Construction industry activity r...

2012.05.28

2.3.7 Greece

The country’s current economic turmoil makes it hard to forecast the future evolution of the air conditioner industry. Following high levels in 2007?2008, equipment sales plunged in the period 2009?2011.   Windows have no significant market in Greece ? less than 200 units per year are sold mainly for replacement.   Movables are being gradually displaced by cheap single splits and now sel...

2012.05.28

2.3.6 Russia

The country has not been immune to the financial problems of its neighboring states in Europe and markets are not yet back to their earlier growth patterns.   Russia temporarily became the world’...

2012.05.28

2.3.5 United Kingdom

Forecasts of a return to growth in the United Kingdom are continually being revised downwards. There is no agreement among economists that the Bank of England’s target of a GDP rise of 1.2% by the end of the present year will be realized; some experts predict a 1% fall.   Against this uncertainty the air conditioning industry has remained fairly stable, sustained by the refurbishment sector a...

2012.05.28

2.3.4 Germany

The German economy is now the strongest in Europe and its construction industry is forecast to grow by an annual 3-4% over the next few years. Penetration of air conditioning is currently around 60% for commercial and public buildings but less than 2% in the residential sector. Central plants therefore form the principal focus for the air conditioning and refrigeration industry.   Sales of wi...

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