Market Report
AUX CAC Global Technical Seminar Increases Confidence in Its
On April 22, the AUX Commercial Air Conditioner (CAC) held its 2023 global technical seminar with the theme of ‘Technology Innovation, Product Leadership, Common Prosperity’ at Shangri-La ...
Turkish VRF Market in 2022
Reported by İSKİD, Air Conditioning and Refrigeration Manufacturers’ Association, Turkey The Turkish variable refrigerant flow (VRF) market witnessed steady growth in 2022. In recent ye...
Thai AC Production and Sales Soar Thanks to Hot Weather
In Thailand, hot weather is spurring sales of air conditioners. The period spanning early March to mid-May is the official summer season, although the tropical country has an average temperature of ab...
TCL Air Conditioner Targets RMB 60 Billion Sales within 5 Ye
On April 16, the 2023 TCL Air Conditioner Global Partners Salon was held with the theme of ‘See the Unseen, Go Beyond’ at the Westin Pazhou hotel which is very close to the venue of the 13...
German Manufacturers Vigorously Expanding Their Heat Pump Pr
Heat pump demand is rapidly increasing in Europe, in the context of the carbon neutral goal in 2050. During ISH 2023 recently held in Germany, a huge array of heat pumps was exhibited by many manufact...
Chinese Compressor Market in 2022
The Chinese compressor market in 2022 is estimated to have experienced negative growth, due to weakened purchasing power in the context of the ongoing impacts of the pandemic. Rotary JAR...
LG Unveils Diverse Energy Efficient Heating Solutions
Due to the current energy crisis in Europe and growing concerns over climate change, the need for sustainable energy solutions has never been greater. As the world charts a course towards a more energ...
Panasonic to Further Strengthen Hydronic Systems Business in
On March 14, 2023, Panasonic announced that it will accelerate its growth strategy for its Heating & Ventilation A/C Company for the air-to-water (ATW) heat pump and hydronic systems business in t...
Midea Successfully Holds Second MBT True Conference
On February 23 to 24, Midea successfully held the ‘Second Midea Building Technologies (MBT) True Conference’ in Shanghai, in three forms: offline forums, an exhibition, and online global l...
Outes Holds 2023 Heat Pump + Global Strategic Event in Zheji
On February 21, Outes Group held the 2023 Heat Pump Global Strategic Summit with the theme of ‘Heat Pump Air Conditioning, Ultimate Future’ in Lishui City, Zhejiang Province, China, the lo...
