Headline News Volume 435

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eJARN.com Headline News
Date: June 29th, 2018, Volume 435
( http://www.ejarn.com )
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<June Regular edition>
1. Vietnam, A New Star in the Southeast Asian Market
The Vietnamese air conditioner market experienced explosive growth in 2016. However, it was affected by a cool summer in 2017 and the market performance was slightly weak with 1.7 million units and 20.3% CAGR. 　In Vietnam, the average room air conditioner (RAC) penetration rate still remains nearly 20%. Currently, in urban areas, this figure is nearly 40%.
http://www.ejarn.com/detail.php?id=52349
 
2. ARBS 2018 Brings Vitality to HVAC&R Industry in Southern Hemisphere
ARBS is Australia’s only international trade exhibition for the heating, ventilation, air conditioning, and refrigeration (HVAC&R) and building services industries. ARBS 2018 was held from May 8 to 10 at the International Convention Centre (ICC) in Darling Harbour, Sydney. The event hosted over 350 exhibitors and attracted more than 8,000 visitors from all over the world.
http://www.ejarn.com/detail.php?id=52355
 
3. EU Heat Pump Market Experiences Marked Growth
According to the European Heat Pump Association (EHPA), the buoyant market was generated by a favorable construction sector and an increasingly strong focus on renew-able energy and energy efficiency. A total of 1,087,423 heat pumps were sold in 2017, and 10.5 million heat pumps have now been installed in the EU. The EHPA data do not cover all EU markets, but growth has occurred in the top 10 markets, and the overall trend is very positive.
http://www.ejarn.com/detail.php?id=52357
 
4. New Chairman Talks about AHRI’s Activities & Prospects
During the 2018 AHR Expo held in January in Chicago, JARN interviewed Chris Peel, president and chief operating officer (COO) of Rheem and newly appointed AHRI chairman to hear about the activities and prospects of the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) on alternative refrigerants, the U.S. air conditioning market, and other facets.
http://www.ejarn.com/detail.php?id=52374
 
5. Gree Keeps Forging Ahead in 2018
On the evening of May 16, a gala titled ‘New Era – Let the World Love Made-in-China – Gree Keeps Forging Ahead in 2018’ was held in Zhuhai, China, where over 30,000 Gree employees from around the world gathered to witness the company’s remarkable achievements. JARN was invited to attend the event as the only representative of overseas media.
http://www.ejarn.com/detail.php?id=52378
 
 
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