Headline News Volume 329
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eJARN.com Headline News
Date: June 10, 2016, Volume 329
( http://www.ejarn.com )
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* World Air Conditioner Market
Major global air conditioner markets, such as China, the United States, and Latin America, showed unsatisfactory performance in 2015. JARN estimates world air conditioner demand at nearly 101.8 million units, dropping 3.7% year on year. This represents the biggest decline since 2012
https://ejarn.com/detail.php?id=39872
1. North America
Air conditioner demand in the United States came to 14.5 million units in 2015, which was a slight decrease year on year. Unitary air conditioner sales dropped by 0.6% year on year while mini-split only saw growth of 11.6%, which fell short of expectations. Unfavorable weather conditions also led to shrinkage in the window air conditioner market
https://ejarn.com/detail.php?id=39873
2. China
Macro economy control and unfavorable weather conditions resulted in an 8.7% year-on-year decline in China’s air conditioner market, with market scale dropping to 38.0 million units. Blind production expansion led to huge inventory. Online purchase turned out to be an effective means of absorbing inventory. However, hot on-line sales also made cheap goods popular.
https://ejarn.com/detail.php?id=39875
3. Southeast Asia
The growing middle class was attracting more attention in Southeast Asia. The region’s air conditioner market grew by 10.5% year on year, with a market scale hitting 8.9 million units.
https://ejarn.com/detail.php?id=39876
4. India
The Indian market grew by 4.7% year on year, to 4.2 million units in 2015. Japanese and Korean brands have set up factories locally, and some manufacturers increased their investment in India. Indian manufacturers imported large amounts of air conditioner molds and components from China, while the supply chain of rotary compressors gradually improved.
https://ejarn.com/detail.php?id=39894
5. Europe
A scorching summer in 2015 boosted growth of several big markets in Europe. Boosted by replacement demand, EU air conditioner market showed strong performance with over 20% year-on-year growth, bringing an end to a falling trend for consecutively three years.
https://ejarn.com/detail.php?id=39895
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