Market Report

2021.03.03

Spanish Residential and Commercial AC Market in 2020

Reported by Asociación de Fabricantes de Equiposde Climatización (AFEC), Spain   Economic Situation In 2020, the Spanish economy suffered the biggest downturn in 85 years due to ...

2021.02.25

Italian AC Market Review in the First Half of 2020

Reported by Eng. Marcello Collantin, Centro Studi Galileo International Consultant, Italy Economic Scenario After about three years of growth, the Italian gross domestic product (GDP) began dimini...

2021.02.24

World AC Market – 2021 Update -- AFRICA

Continued from January Special Issue The International Monetary Fund (IMF) predicted in June that the economy of sub-Saharan Africa was expected to shrink by 3.2% in 2020. The two major economies i...

2021.02.22

EU’s €1 Trillion Climate Finance Plan — Part II

Compiled and edited by Susan Phalippou, JARN’s European correspondent Challenges Decarbonizing Europe and recovering from the COVID-19 pandemic are massive challenges. When presenting the Gr...

2021.02.22

Global AC Market 2020 - RUSSIA

Reported by the Association of Professional Companies in the Industry of Climate (APIC) and Litvinchuk Marketing, Russia   In 2020, the forced shutdown of air conditioning and component factori...

2021.02.22

Global AC Market 2020 - TURKEY

Reported by Ozan Atasoy, chairman of İSKİD (Turkey)   The Turkish air conditioner market, which had shown rapid growth in the past, continued to slow down in 2020 as it did in 2019. It is predicted that in 2020, sales in the residential air conditioner market in Turkey will be at the same level as that of the previous year. Due to the current pandemic circumstances in Turkey combined wit...

2021.02.21

Global AC Market 2020 - Brazil

Reported by the Brazilian Association of Refrigeration, Air Conditioning, Ventilation and Heating (ABRAVA), Brazil   The year 2020 started with high expectations for the entire Brazilian econom...

2021.02.20

Japanese Manufacturers Hone Their Air Purification Technolog

With the COVID-19 pandemic in 2020, global interest in air quality has increased, and demand for air purifiers and air conditioners equipped with these functions has increased. Under these favorable m...

2021.02.08

Updates on Natural Refrigerants Virtually Presented at GL202

On December 7 to 9, 2020, the 14th IIR-Gustav Lorentzen Conference on Natural Refrigerants, GL2020, was organized by International Institute of Refrigeration (IIR) and Japan Society of Refrigerating a...

2021.02.01

AC Prices Start to Increase in China in New Year

In late December 2020, three major Chinese compressor manufacturers, Guangdong Meizhi Compressor (GMCC), Landa, and Highly, an­nounced compressor price increases almost simultaneously, and the new...