Market Report

2022.11.14

CAREL Signs a Binding Agreement to Acquire 100% of Senva

CAREL, through a subsidiary, entered into a binding agreement to acquire the business of Senva, and the closing is expected by the end of October 2022. Senva, founded in 2007 and based in Beaverton...

2022.11.09

The Global R32 AC Market – 2021 Overview Part Ⅱ

India Imports of R22 air conditioners were prohibited in India from 2015, but local production of R22 models is exempted until January 2025. Although window-type room air conditioners (RACs) were d...

2022.11.09

Spanish AC Market in the First Half of 2022

Reported by Asociación de Fabricantes de Equipos de Climatización (AFEC), Spain   Economic Situation The evolution of the Spanish economy reflects not only the impact of the pand...

2022.11.02

Asian HVAC&R Manufacturers Showcase Sustainable Solutions at

IFA2022, the world’s largest consumer electronics show, was held from September 2 to 6 at Messe Berlin, Germany. It was the first face-to-face event in three years, attracting over 161,000 visit...

2022.11.02

Daikin to Strengthen Production in the Americas with a New P

On June 28, 2022, Daikin Comfort Technologies North America (DNA, former Goodman) announced that it will build a 70,000-m2 factory. Built next to the existing factory of Daikin Manufacturing Mexico (D...

2022.10.26

Refrigerated Storage Methods Used for Fruit and Vegetables

Sei Suma, senior advisor, Japan Air Conditioning, Heating and Refrigeration News (JARN)   With many people in the world suffering from hunger, the amount of food wastage has become a major issu...

2022.10.11

Review of the Global AC Market in the First Half of 2022 Par

The Latin American RAC market in the first half of 2022 is estimated to have decreased sharply by 21.8% year on year. The declining purchasing power due to the severe economic slump and the cool summe...

2022.10.11

Review of the Global AC Market in the First Half of 2022 Par

The African market has been sluggish in recent years, but the RAC market in the first half of 2022 is estimated to have increased by 24.0% compared with the same period last year. The spread of the novel coronavirus infection has declined, and economic activities have resumed, and these factors are exerting positive effects on the market. At present, there are still many economically disadvanta...

2022.10.11

Review of the Global AC Market in the First Half of 2022 Par

After having declined for two years in a row, the Middle Eastern RAC market has shown V-shaped recovery this year. In the first half of 2022, the Middle Eastern RAC market is estimated to have increas...

2022.10.05

ARBS 2022 Awards HVAC&R Industry Achievers

ARBS 2022, Australia’s only international air conditioning, refrigeration, and building services trade exhibition, has closed after a bumper three days spanning August 16 to 18 at Melbourne Conv...