World Compressor Market – Update 2022 - ROTARY

Stay-at-home demand continues to drive the residential market, but the growth momentum has significantly weakened compared with 2020. There are apparent differences in the increases and decreases in needs in various regions.
JARN estimates that the global RAC market in 2021 increased by 3.0% compared with 2020, reaching 126.10 million units. The global PAC market has increased by 3.1% year on year, but it has not yet returned to the level of 2019.
Since the second half of 2021, demand for RACs in China, the world’s largest market, has begun to cool down.