Applied
2.4.4 Russia
The country’s economy is under at-tack from sanctions, devaluation of the currency (by over 50% since July 2014) and the slowdown in global oil prices. Another factor has been the weakness in domestic...
2.4.3 Italy
The country’s economy has begun to recover from its negative growth in 2014 by gaining 0.7 % in GDP in 2015 (estimated by the OECD). Other sources forecast a doubling of this rate in 2016. The constru...
2.4.2 United Kindom
The UK economy is less export-driven than many other countries and this will give it more resistance to the impact of Brexit, the United Kingdom’s exit from the EU. Construction output is expected to grow, particularly in the new office buildings sector as well as for refurbishment projects, London being one of the principal centers of activity. The commercial sector remains the key application in...
2.4.1 Germany
As the fourth largest economy in the world and the largest in the EU, growth in GDP in Germany is projected to be 1.6% in 2017 which will subsequently level at 1.3% in 2018/2020. The high rate of immi...
2.4 Europe
Reported by Alan Field, based on the BSRIA market survey This is a report about the 2016 European market for central plant air conditioning equipment based on the World Air Conditioning 2016 report published earlier this year by the UK research association BSRIA. Statistical data in this article is quoted by permission of BSRIA from an updated version of the earlier report....
2.3 Japan
The Japanese economy is continuing to show a gradual upswing reflecting the improving employment/income environment, dropping crude oil prices, and other factors influenced by the implementation of ec...
2.2 China
China’s chiller market contracted in 2015 as a result of some factors such as a slowing GDP growth rate, declining real estate investment, and postponed and cancellation of large industrial and commer...
2.1.2 Canada
According to BSRIA, chiller demand in 2015 was 856 units on volume basis and US$ 44.2 million on value basis, up by 5.9% compared to 2014. The chiller market in Canada is similar to that of the United...
World Chiller and Large AC Market: 1. The 2015 Overview
Central air conditioner chiller systems consist of a heat source chiller and air-side equipment such as air handling units (AHUs) and fan coil units (FCUs) as well as pumps to convey chilled and cool...
Trane Continues to Innovate Chiller Portfolio to Address Cus
DAVIDSON, N.C., Nov. 21, 2016 - Trane(R), a leading global provider of indoor comfort solutions and services and a brand of Ingersoll Rand, is announcing that its Series R(R) RTWD water-cooled chiller...
