JARN News
3.6 SOUTH KOREA
The Bank of Korea (central bank) projected that the economic growth rate for 2022 and 2023 would reach 2.7 and 2.4%, respectively. But due to the negative effects of the external environment, such as ...
3.5 INDIA
Reported by Rakesh Kumar, consulting editor, ISHRAE Journal Market Performance The Indian market scale of chillers in 2022-2023 is estimated to be around 6,030 chillers (1,451,000 tons), rec...
3.4 EUROPE
Reported by Eurovent Market Intelligence In 2022, the European market for chillers with capacities above 50 kW maintained stable year-on-year growth of 11%, reaching more than €1.65 bill...
3.3 JAPAN
According to the Economic and Social Research Institute, Cabinet Office, Government of Japan, the real GDP growth in FY 2022 was 1.4%. Plans are underway to hold major events even after the end of ...
3.2 CHINA
Chinese chiller and air-side markets faced a difficult situation in 2022. JARN estimates that the Chinese chiller market has recorded US$ 2.80 billion in 2022, showing a 2.3% year-on-year decrease. Th...
Toshiba Carrier Gains Customers’ Confidence with Its Chiller
Toshiba Carrier became a part of Carrier last summer. About a year later, JARN interviewed Toru Kubo, president, HVAC Japan, Carrier, to hear about the company’s chiller business and positive ch...
European Heat Pump Summit — A Lighthouse for the Heat Pump I
Heat pumps are widely regarded as a key technology for reducing greenhouse gas (GHG) emissions and achieving the goals of the Paris Agreement. However, the heat pump sector faces many challenges, such...
AHR Expo Coming to Chicago at the Beginning of 2024
The next edition of AHR Expo will be held on January 22 to 24, 2024, at McCormick Place, Chicago, Illinois, the United States. For this edition, more than 1,600 exhibitors, over 50,000 attendees, and ...
134th Canton Fair Expands Its Scale and Reaches a New High
The 134th Canton Fair, China Import and Export Fair, was held in three phases: the first phase was on October 15 to 19, the second phase was on October 23 to 27, and the third phase was on October 31 ...
Copeland Factory PV Project Connected to Grid for Power Gene
Copeland’s compressor factory in Suzhou is embracing another milestone – a new energy photovoltaic (PV) project connected to the grid for power generation. This green and environmentall...
