Market Report

2020.09.28

Review of the Global AC Market in the First Half of 2020 — P

Since March, the Middle East has taken measures against COVID-19, such as the closing of schools and commercial facilities, prohibiting of gatherings and going out, and blocking of cities, to a varyin...

2020.09.28

Review of the Global AC Market in the First Half of 2020 — P

Australia In Australia, the operation of specific facilities was banned from the middle of March when the number of people infected with the novel coronavirus increased. The government also requested...

2020.09.28

Review of the Global AC Market in the First Half of 2020 — P

India continuously experienced heat waves last year, and this year too. The India Meteorological Department (IMD) reported that in late May 2020, temperatures higher than 40℃ were recorded in parts of...

2020.09.28

Review of the Global AC Market in the First Half of 2020 — P

RAC According to data from the Japan Refrigeration and Air Conditioning Industry Association (JRAIA), Japanese domestic shipments of RACs in the first half of 2020 reached 5,325,943 units, down 4.4% ...

2020.09.28

Review of the Global AC Market in the First Half of 2020 — P

– Continued from August Issue China Due to the COVID-19 epidemic, retail sales of room air conditioners (RACs) in China were basically frozen in February and March. During these months, Chin...

2020.09.02

7-Eleven to Acquire U.S. Convenience Store Speedway

On August 3, 2020, 7-Eleven, the U.S.-based convenience store giant, entered into an agreement with U.S.- based Marathon Petroleum to acquire the shares and other interests of the companies operating ...

2020.08.28

Italian Hybrid HVAC System Market

Reported by Jacques Gandini, managing director, Eng.Ennio Rizzon, senior consultant, and Matteo Rizzon, junior consultant, Studio Gandini (Italy) Market Breakdown and Product Descriptions Italy is...

2020.08.24

Global RAC Market Shrinks by 27% -- Brazil

Reported by the Brazilian Association for HVAC&R (ABRAVA)   Economic Scenario Brazil was on the path of economic recovery at the beginning of 2020, with a gross domestic product (GDP) fore...

2020.08.24

Global RAC Market Shrinks by 27% -- Indonesia

Yoshiharu Osumi, JARN’s HVAC&R advisor in Indonesia, reported on the country’s air conditioner market in the first half of 2020. Indonesia’s gross domestic product (GDP) had been surpassing 5.0% during the four years spanning 2016 to 2019. However, in the first quarter of 2020, it recorded 3.0% growth and rapidly decreased in the second quarter, due to the COVID-19 pandemi...

2020.08.24

New Report on Environmental Dumping of Obsolete RACs in Afri

Reported by Ph.D. Stephen O. Andersen, director of Research, Institute for Governance and Sustainable Development (IGSD) A compelling new report finds that about 35% of the room air conditioners (R...