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2.9 SOUTH KOREA

The ongoing economic recession and global inflation have created a complex export environment. Korea Refrigeration and Air-conditioning Industry Association’s (KRAIA’s) statistics show tha...
2.8 AFRICA

Although Africa has a small VRF system market currently, its population base and economic development are strong enough to make it a potentially large market. The African VRF market in 2022 showed ...
2.7 LATIN AMERICA

The Latin American market continued to recover in 2022. JARN estimates that Latin America achieved 9.6% increase compared with 2021, reaching 42,000 units based on outdoor units. Resumption of constru...
2.6 MIDDLE EAST

According to the IMF, the real GDP growth rate of Saudi Arabia and other Gulf Cooperation Council (GCC) countries reached 6.4% in 2022. The growth rate remained at 4.4% among non-oil-producing countri...
EHPA: fossil fuel boilers: heat pump sector supports 2029 ph

Jun 9, 2023 Photo: Daikin The heat pump industry is growing fast, as shown by the record attendance this week at EHPA’s General Assembly. The industry is committed t...
CAREL: connectivity and energy saving with the new μRack

09/06/2023 Energy efficiency for condensing units and compact compressor racks CAREL has been chosen by MB Frigo, a company specialising in engineering, manufacturing and service of air cond...
Haier: HIBs MRV Solution Satisfied Fairfield Inn Hotel in th

2023-06-09 Haier undertakes the MRV project of Fairfield Inn Hotel in Austin, United States. Fairfield is a Marriott brand hotel, which is a relaxing resort and offers meeting and event space a...
2023 ENERGY STAR Products Partner Meeting

Jun 2023 The U.S. Environmental Protection Agency (EPA) is pleased to announce that planning is underway for the 2023 ENERGY STAR Products Partner Meeting. The meeting will take place Tuesday, Septem...
Carrier Transicold Van Units Successfully Support Waitrose &

WARRINGTON, ENGLAND - Jun. 8, 2023 Supermarket chain Waitrose & Partners has seen strong performance from seven all-electric temperature-controlled vans equipped with Carrier Transicold Neo...
Johnson Controls to increase quarterly dividend

CORK, Ireland, June 7, 2023 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a quar...