RAC/PAC
RAC Market Review
Of the room air conditioner (RAC) sales, 90% take place in multibrand sales outlets. The products made by Voltas had a 20% share in such outlets, followed by LG at 18% and Samsung at 11% during the April 2013 to February 2014 period according to the latest data from market researcher GfK Nielsen that tracks sales in the durables industry. Voltas is ahead by value as well at 18.9%, followed by LG a...
Accelerating Urbanization in China with Energy-saving Techno
Midea--presented strong product portfolio, including TR series mini VRF, air suspension bearing DC inverter centrifugal chiller that debuted in air conditioner industry, and air-cooled heat pump modul...
Johnson Controls expands manufacturing and research in China
$35 million expansion invests in China’s growing building market Milwaukee -- May 28, 2014 -- Johnson Controls, a global multi-industrial company, officially opened a $35 million expansion of i...
Godrej Eon Green Balance ACs Win 'India Design Mark' Award
20th May 2014 Godrej Appliances, a leader in consumer durables manufacturing vertical and pioneers in the sector has been awarded with the prestigious “Indian Design Mark- Good Design Award” for their Godrej Eon Green Balance AC. The Revolutionary Green Balance Air Conditioners was awarded by the Government of India through the India Design Council. The award was conferredon the company for ...
Indian air conditioner market 2014 witnesses strong growth
23/05/2014 While India is witnessing a strong growth in the consumer durables segment, the AC segment is highly under penetrated. However, changing environmental dynamics, urbanization and rising inco...
Accelerating Urbanization in China with Energy-saving Techno
-- A Report on CRH 2014, Beijing Jointly organized by the China Council for the Promotion of International Trade (CCPIT) of the Beijing Sub-council, the Chinese Association of Refrigeration (CA...
World Air Conditioner Market
Getting a boost from global economic recovery, the world air conditioner market expanded in 2013. JARN estimates world air conditioner demand at nearly 102.9 million units, marking year-on-year growth...
R290 AC Production Line Transformation in China to be Comple
Reported by China Appliances, the director of the Foreign Economic Cooperation Office (FECO), Ministry of Environmental Protection indicated at the Environmentallyfriendly Low Carbon Air Conditioner Exhibition that, with concerted efforts of all groups, the replacement process of HCFCs is on schedule and R290 air conditioners have come to the critical stage of market expansion. According to...
Brisk Demand Seen in 1st Quarter 2014
--Developed Countries’ AC Market New housing starts in the United States have been rising, creating strong demand for residential unitary systems. Demand of heat pump air conditioners for heati...
First Ore Carrier Equipped with Mitsubishi Energy Recovery S
- Fuel Savings of 8% Achieved in At-Sea Trial- Tokyo, May 22, 2014 - A Mitsubishi Energy Recovery System (MERS) supplied by Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MM...