Market Report

2022.02.23

China’s VRF Market Grows Explosively in 2021

China’s variable refrigerant flow (VRF) market in 2021 exhibited a strong performance, showing robust recovery from 2020 when the market was negatively impacted by the pandemic and a cooling dow...

2022.02.23

German HP Market Needs Subsidies for Healthy Growth

In 2021, Germany saw sales of heat pumps reach 154,000, with year-on-year growth of 28%, according to joint sales statistics on the heating market from BDH, the German Heating Industry Federation, and...

2022.02.14

World AC Market – 2022 Update - ITALY

Reported by Jacques Gandini, managing director of Studio Gandini, Italy   Market Trends in 2021 January to June In the first half of 2021, the Italian air conditioner market showed yearon-y...

2022.02.07

World AC Market – 2022 Update - INDONESIA

Yoshiharu Osumi, JARN’s HVAC&R advisor in Indonesia, reported on the country’s air conditioner market in 2021. According to the World Economic Outlook Database from the Internationa...

2022.02.07

GMCC Sells 100 Million AC Compressors Annually

On December 30, 2021, Guangdong Meizhi Compressor (GMCC), a Midea Group company and a world giant in the field of air conditioning compressor manufacturing, held a grand conference in Shunde, Guangdon...

2022.01.31

World AC Market – 2022 Update - AFRICA

The African Development Bank (ADB) report has pointed out that in the current context, the African continent’s gross domestic product (GDP) will resume a 3.4% growth rate in 2021. The African...

2022.01.31

Midea Prereleases V8 VRFs & Expands Smart Building Strategy

China is accelerating CO2 emissions reduction, vigorously promoting energy conservation and accelerating smart digitalization of buildings. On January 5 and 6, 2022, Midea held the first Midea MBT ...

2021.12.31

Food Exhibition Paves Way to Sustainable Food Factories

Food Exhibition was held from October 27 to 29, 2021, at Tokyo Big Sight, Japan. It consisted of six specialized food-related exhibitions: Food Factory, Food System Solution, Food Safety Japan, Food D...

2021.12.30

Innova Innovative Design Products Rapidly Grow

Reported by Jacques Gandini, managing director of Studio Gandini, Italy   Innova is a newcomer among Italian innovative hydronic solution providers in Italy. Innova started from the brillian...

2021.12.27

Transport AC Is a Little Different from Building AC

Sei Suma, senior advisor, Japan Air Conditioning, Heating & Refrigeration News (JARN)   There are various types of air conditioners: Fixed air conditioning for buildings, mobile air conditi...