Applied
Daikin New EWAD-TZ Inverter Chiller Wins Spanish Projects
Thanks to the recent launch of the new air-cooled chillers EWAD-TZ series, Daikin reinforces its growth in the sales of the inverter chillers range. Recently two important Spanish companies trusted Da...
Daikin Sets Sights on Top Spot in Global Centrifugal Market
JARN interviewed Shigeki Hagiwara, senior executive officer, Applied Solution Business, Daikin, in November 2010 to hear about the business strategies of the Applied Solution Business, which had been ...
3.4 Latin America
Report by Joaquin Gentzsch, JARN’s correspondent in Chile When looking at the world market for air conditioning, Latin America is still a relatively small market, as it represents less than 5% of the total. For the chiller segment, this percentage is still lower. The year of 2013 was good year for Latin American chiller industry and that trend has continued in 2014. The factors push the mar...
3.3 Russia
Based on materials from APIC and Litvinchuk Marketing After the 2008 financial crisis, the Russian construction market recovered faster than analysts expected. As a result, by the end of 2011 chiller sales in Russia returned to pre-crisis levels. Sales by capacity in 2012 exceeded sales in 2008 by 4.0%. The market continued to grow in 2013. According to preliminary data however, grow...
3.2 Spain
Reported by Jose-Maria Ortiz, Director General of Association Fabricantes de Equipos de Climatizacion (AFEC), Spain Background The first priority of the Spanish government in 2013 was to contro...
3. Special Contributions--3.1 Italy
Reported by Carmine Casale, HVAC&R Consultant, Italy Last year, the Italian HVAC industry was forecast to see moderate improvement in 2014. It now looks as if this forecast will prove true for hyd...
2.11 Australia
Australia’s real GDP growth in 2013 was 2.4%, down from 3.7% in 2012. According to BSRIA, its market size for chillers was US$ 103.0 million in 2013, a 7.0% decrease from 2012. By chille...
2.10.4 Mexico
The 2013 Mexican economy, plagued by stagnant levels of investment and exports, saw growth of only 1.1%. The economy was also negatively impacted by sluggish performance in the construction sector fro...
2.10.3 Argentina
Argentina’s real GDP growth came to 2.9% in 2013, higher than in 2012 due in part to strong performance in the country’s agricultural, livestock, and forestry industries. Argentina’s chiller market scale came to US$ 15.5 million in 2013, a big increase of 29.2% over the previous year, when the market suffered a serious contraction. The reciprocating, screw, and scroll chiller segment, which...
2.10.2 Chile
Chile is the world’s largest producer of copper, and the Chilean economy was impacted by the drop in international copper prices in 2013. Real GDP growth stood at 4.1%, a slowdown from growth in 2012. In January 2014, the first International Investment Forum Chile was held in Santiago with 107 companies participating from 18 countries. These companies are estimated to be investing a total o...
2.10.1 Brazil
Real GDP growth in Brazil came to just 2.5% in 2013. Foreign direct investment fell slightly from 2012, although investment in oil resource development and the automotive sector remained strong. ...
2.10 Latin America
Latin American GDP growth stood at 2.6% in 2013. The region is maintaining its recent record of solid annual growth in the range of 3%. According to BSRIA, Latin America’s chiller market scale ...
