RAC/PAC
Gree Sparkles at 2024 AHR Expo
2024-01-23 Gree - HEAT PUMP EXPERT 2024 AHR Expo From Jan. 22nd to 24th, the 2024 International Air-Conditioning, Heating and Refrigeration Exposition (AHR Expo) is held at the ...
Innovative Solutions from Midea Building Technologies Spearh
2024-01-23 The 2024 AHR Expo, one of the biggest HVACR tradeshows in the world, kicked off at McCormick Place in Chicago on January 22. The 3-day event is expected to attract over 50,00...
Midea RACs Achieve Fruitful Results in 2023
Affected by inflation and unfavorable weather in 2023, consumption in major markets such as Europe and the United States was sluggish. However, Midea’s residential air conditioner (RAC) business...
2.6 MIDDLE EAST
The Middle East economy is dynamic, driven by rising oil prices. Many countries in the region faced extreme heat during the summer. The air conditioner market in the Middle East grew well in compared ...
2.5 Europe
Europe experienced mild weather most of the time in 2023, but several parts of southern Europe including Spain suffered from sizzling heat waves. The RAC market grew fast, and a lot of inventory has b...
Haier Pakistan Holds Brand Summit
Haier Pakistan 2024-01-19 On January 11th, Haier Pakistan hosted the "Leading Win-Win" Partner Conference in Lahore to review the outcomes of the 2023 localization and digital...
Carrier Completes Acquisition of Viessmann Climate Solutions
– Carrier to Become a Global Giant in Intelligent Climate & Energy Solutions On January 2, 2024, Carrier Global announced that it has completed the acquisition of Viessmann Climate Soluti...
2.4 INDIA
Reported by Rakesh Kumar, consulting editor, ISHRAE Journal Economic Scenario The Indian economy has shown remarkable resilience during 2023 despite the challenges in the aftermath of the pandem...
2.3 SOUTHEAST ASIA
Overall, the air conditioning market in Southeast Asia was effervescent in 2023. The main markets, in Indonesia, Vietnam, Thailand, the Philippines, and Malaysia, all maintained good growth. The weath...
2.2 CHINA
The bottleneck of the Chinese air conditioner supply chain eased with the full relaxation of pandemic control measures at the end of 2022. In 2023, RAC manufacturers advanced production to solve the t...
