JARN Special

September 2020

World Refrigeration Equipment Market – 2020 Update 1 GLOBAL REFRIGERATION MARKET

The global food distribution industry has maintained development. JARN estimates that the global refrigeration market value in 2019 reached US$ 104.8 billion including services such as installation and maintenance, an increase of about 4.2% compared with 2018.

July 2020

World ATW Heat Pump Market – 2020 Update 1 OVERVIEW

Thanks to subsidy policies for renewable energy, the global air-to-water (ATW) heat pump market has continued to maintain rapid growth. In 2019, the global ATW heat pump demand, including China, reached 3.42 million units, rising by 25.8% year on year. The major markets are concentrated in China, Europe, and Japan, accounting for 62.8%, 18.1%, and 14.9% of the global market respectively.

May 2020

World VRF Market – 2020 Update: 1 OVERVIEW

According to JARN’s database, based on outdoor units, the global variable refrigerant flow (VRF) system market has reached 1.86 million units. The growth rate of VRFs was only 4.9% because of a persistently sluggish economy, but mini-VRFs for homes and small offices continued to maintain a high growth rate, with an increase rate of 8.6%. Compared with other types of air conditioning, VRF is still popular for its unique features.

March 2020

World Compressor Market--1 OVERVIEW

In 2019, the global air conditioning compressor market, like the air conditioning market, has achieved good growth except in China, but the growth rate has decreased significantly. Great changes have taken place in the global food retail industry, which has promoted increasing demand for refrigeration compressors.

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