RAC/PAC

2013.11.27

Lennox Offers Hydraulic Module eDrive

To get an efficient and economical HVAC system, the variable water flow in the primary system is one of the best solutions. Lennox offers the eDrive, a variable speed drive water pump option (with sin...

2013.11.27

Daikin McQuay Launches 3,000 RT Chiller Sales to the Middle

In recent years, demand for centrifugal chillers has been increasing centering on those for district cooling projects and large data centers in the Middle East and other overseas markets. To meet this...

2013.11.27

European Chiller Market Future Forecast

Reciprocating, Screw and Scroll In 2013, the European market for reciprocating, screw and scroll chillers is expected to reach US$ 1.4 billion in value, accounting over 85% of the total chiller market by value. However, reciprocating chillers have virtually disappeared. The total market is expected show a rather modest 0.6% growth per annum between 2011 and 2016. The following countries are expect...

2013.11.26

Ductless systems growing in the global HVAC market

24/11/2013 Annual revenue from ductless systems will grow from USD 3.9 billion in 2013 to over USD 9 billion by 2020, representing nearly 30% of total energy-efficient HVAC systems revenue in that year, according to a new report from Navigant Research.   Overall, annual revenue from energy efficient HVAC systems will grow from USD 17.2 billion in 2013 to USD 33.2 billion by 2020, the report s...

2013.11.26

3.4 Latin America

Latin America has enjoyed a fairly good economic growth in the recent years, due mainly to absence of the worries affecting Europe and other areas. At the same time, it is enjoying a good price level for its export commodities like minerals and food products, which are rather plentyful in this part of the world. With few major natural catastrophes like earthquakes, these countries were able to rec...

2013.11.26

3.3 Russia

Russian Chiller Market   After the financial crisis of 2008, the Russian construction market recovered faster than analysts expected. As a result, sales of chillers in Russia as of the end of 201...

2013.11.26

3.2 Spain

Spain Chiller Market 2012   Context During year 2012 nothing changed substantially in the Spanish economy compared with the previous year so the country was facing same problems, perhaps with better perspectives, but with a heavy task ahead. As the government main goal was to control and reduce the fiscal deficit at all levels, the austerity measures were introduced by practically every publi...

2013.11.26

3. Special Contributions--3.1 Italy

2012 Chiller Market in Italy   Last-year report’s conclusion, based on interviews with major manufacturers, indicated that no real improvement was to be expected in the near future unless and unt...

2013.11.26

2.11 Australia

Australia’s real GDP growth for the 2011-2012 fiscal year (July 2011-June 2012) was 3.4%, marking 21 consecutive years of positive growth. Australia’s economy began slowing gradually from July 2012, h...

2013.11.26

2.10.4 Mexico

The Mexican economy grew 3.9% in 2012, with both capital investment and construction demand showing recovery.   Many automakers have started local production in Mexico, and automobiles and auto parts account for 23.8% of total exports by value. This represents Mexico’s largest export sector, and more automakers and parts manufacturers are moving operations into the country.   After the N...