Headline News Volume 607
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eJARN.com Headline News
Date: Nov 26, 2024, Volume 607
( http://www.ejarn.com )
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< Nov Special edition>
1. World Chiller and Air-side Equipment Market – 2020
According to JARN’s database, worldwide chiller demand in 2020 approached US$ 8.08 billion, down 7.0% compared with 2019. The major chiller markets are China, the United States, and Europe, accounting for 30.8, 15.7, and 18.2% of the world market, respectively. The demand for worldwide airside equipment decreased by 1.8% from 2019 to US$ 7.19 billion.
Sep Special page 1
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2. United States
In 2020, shipments of chillers for the U.S. domestic market decreased by 5.9% compared with 2019 according to JARN’s estimate. The pandemic has seriously affected the U.S. HVAC industries in the office buildings, public facilities, and factory facilities segments.
Sep Special page 12
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3. China
The Chinese chiller market was down at the beginning of 2020 since most domestic engineering projects were suspended and put on hold due to the pandemic. As the resumption of work gradually accelerated in the second half of the year, demand for chillers in engineering projects continued to recover. China’s investment in the semiconductor and information technology (IT) industries will continue to promote the development of the chiller industry.
Sep Special page 16
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4. EUROPE
According to Eurovent Market Intelligence, the European chiller market in 2020 was negatively impacted by the pandemic, with an overall decrease of 5.9% for chillers with capacities of more than 50 kW compared with 2019, approaching €1.29 billion (about US$ 1.47 billion). Around 9% of the units sold went to data centers and as many to hospitals, the only two sectors recording strong growth in 2020.
Sep Special page 20
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5. Daikin Applied Changing to Deliver More Comprehensive Solutions
JARN interviewed Michael Schwartz, chief executive officer (CEO), Daikin Applied Americas, to hear about the Daikin’s development and production system as well as product and refrigerant strategies in the United States and also on the global stage.
Sep Special page 52
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