Market Report

2018.08.22

AC Market Struggles to Record Positive Growth--Latin America

The RAC market showed signs of recovery in Latin America and grew by 10% in the first half of this year.   Export business from China to the Latin American market was quite brisk. From January ...

2018.08.22

AC Market Struggles to Record Positive Growth--Oceania

In first half of 2018, Oceanian RAC market decreased by 12% compared with the same period of 2017.   At the beginning of this year, Australia’s RAC market got off to a good start. Beginni...

2018.08.22

AC Market Struggles to Record Positive Growth--Japan

RACs   According to data from JRAIA, Japanese domestic shipments of RACs in the first half of 2018 reached 5.02 million units, up 4.4% over the same period of the previous year.   RACs a...

2018.08.22

AC Market Struggles to Record Positive Growth--China

The weather in China was hot this summer. However, the hot weather came late and there was no large-scale heat wave like last year.   The Chinese RAC market continued to grow, with slower growt...

2018.08.22

AC Market Struggles to Record Positive Growth--India

From March to April this year, the weather in India has been cold. It started to get hot in May, but soon afterwards, the rainy season came earlier than usual in the south.   This large 5 milli...

2018.08.22

AC Market Struggles to Record Positive Growth--Southeast Asi

Southeast Asia’s RAC market has been affected by the weather for two consecutive years, causing a continuous decline in sales. According to JARN estimates, in the first half of this year, the So...

2018.08.22

AC Market Struggles to Record Positive Growth--The United St

The unemployment rate in the United States was at its lowest level since April 2000 and was close to reaching the Federal Reserve’s forecast of 3.6% by the end of this year. The U.S. economic cl...

2018.08.22

AC Market Struggles to Record Positive Growth--Europe

In the first half of this year, the European RAC market has seen a slight increase of 3% compared with last year. Weather conditions were similar to those experienced last year, and the long period of...

2018.08.21

Middle-Income Groups Driving Inverter RAC Market in Southeas

The major room air conditioner (RAC) markets in Southeast Asia, namely Thailand, Vietnam, and Malaysia, experienced frequent rain this year and a short summer like last year. RAC demand in the region ...

2018.08.21

AC Market Special--China

Reported by Professor Zhou Zicheng, HVAC&R advisor China’s air conditioning market is continuing to grow steadily this year. According to All View Consulting (AVC), it shows 11.5% year-on-y...

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