Other Asia
2.10 Southeast Asia
The Southeast Asian VRF market scale in 2015 was estimated at 58,000 units. Demand in commercial buildings, villas, and resorts has been rising sharply in the region. VRF is a market segment do...
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1.3.7 Myanmar
Myanmar’s air conditioner market had a scale of only 262,000 units in 2015. The percentage of the population that owns an air conditioner is still low. With a population of approximately 50 mil...
1.3.6 Philippines
JARN estimates the Philippine air conditioner market scale at about 690,000 units in 2015. With a U.S.-style air conditioner culture, an expanding middle class, and an air conditioner penetration rate of 7%, the market is forecast to expand at an increasingly fast rate in the near term. Exports of air conditioners from China to the Philippines approached 520,000 units in 2015, showing 20% y...
1.3.5 Vietnam
Personal income in Vietnam is growing and the middle class is expanding rapidly, with a large young population. Presenting rapid growth, the air conditioner market in Vietnam has grown to be on...
1.3.4 Singapore
Impacted by government policy, construction of public housing stagnated in 2015 in Singapore. Singapore’s air condit ioner market scale is estimated at about 165,000 units in 2015, with about 1...
1.3.3 Malaysia
Impacted by currency depreciation and challenging weather conditions, sales of air conditioners in Malaysia were more than 0.8 million units in 2015. RACs showed a 30% year on year decrease while sale...
1.3.2 Thailand
Economic development in Thailand slowed down owing to the rising price of agricultural products and falling exports of industrial products. In 2015, the Thai air conditioner market got off to a slow s...
1.3.1 Indonesia
Indonesia is the largest air conditioner market in Southeast Asia, with a market scale that hit 2.6 million units in 2015, indicating 6.9% year-on-year growth. Indonesia has a large population of 200 ...
1.3 Southeast Asia
The total market volume of air conditioners in Southeast Asia amounted to 8.9 million units, showing 10.5% year-on-year growth in 2015. Indonesia, the Philippines, Vietnam, and Thailand accounted for ...
