Headline News Volume 659

2022-12-23

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eJARN.com Headline News
Date: Dec 23, 2022, Volume 659
( http://www.ejarn.com )
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Merry Christmas and a Happy New Year !
 
< Nov Special edition>
 
1. World Chiller MARKET TRENDS - Magnetic Bearing Technology Is Increasingly Popular
Since the introduction of the first oil-free magnetic bearing Danfoss Turbocor compressor in 2001, magnetic bearing technology has become the default option for energy efficient, low-noise, and low life-cycle cost operation in many regions and applications. In addition to data centers, oil-free magnetic bearing compressors have been successfully applied worldwide in comfort cooling, process cooling, heat pumps, and industrial applications using both water-cooled and air-cooled condensers.
Nov Special page 6
https://www.ejarn.com/detail.php?id=75737&l_id=
 
2. World Chiller MARKET TRENDS - Chillers are Making a Comeback in Europe
The entire European chiller market has recovered since 2015. Over the past 20 years, VRF, as a new technology, has been speeding up its penetration of the global market and has eroded part of the chiller market share, creating the impression that the chiller market is shrinking. With the F-gas Regulation in Europe, many big brands have begun to revisit their market strategies in Europe. New demand has enabled chillers to regain European markets that VRF systems had seized.
Nov Special page 8
https://www.ejarn.com/detail.php?id=75737&l_id=
 
3. SPAIN
The Spanish chiller market in 2021 increased by 9% compared with 2020 on a value basis. By segment, the residential segment increased by 6%, the commercial segment increased by 14%, and the industrial segment increased by 9% year on year. In 2020, all segments declined significantly compared with 2019, due to the impacts of the pandemic. The value of the chiller market in 2021 increased by 23% compared with 2019 and by 10% compared with 2018.
Nov Special page 49
https://www.ejarn.com/detail.php?id=75824&l_id=
 
4. ITALY
Heat pump chillers achieved huge growth in Italy in 2021 compared with 2020. Specifically, the Italian air-cooled heat pump chiller market value reached €455.6 million (about US$ 535.8 million) in 2021, up from €270.2 million (about US$ 317.8million) in 2020. Meanwhile, water cooled heat pump chillers reached 27.5 million (about US$ 32.3 million) in 2021, up from € 21.8 million (about US$ 25.6 million) in 2020.
Nov Special page 49
https://www.ejarn.com/detail.php?id=75825&l_id=
 
5. TURKEY
SKİD observed that the Turkish chiller market in 2021 grew by 20% year on year, recovering from a 33% decline in the previous five years. On a volume basis, chiller sales in 2021 are estimated to have reached 1,500 units. As for chiller types, scroll chillers had a 53% market share on a unit basis in 2021. The market share of air-cooled chillers further increased compared with water-cooled chillers, closing with an 88% market share on a unit basis.
Nov Special page 50
https://www.ejarn.com/detail.php?id=75998&l_id=
 
 
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Weekly Newsletter delivery date will be changed from Monday to Wednesday from next year.
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