Market Report
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...
Danfoss Formally Completes Acquisition of Bock
On March 1, 2023, Danfoss announced that the company has officially finalized its acquisition of Bock, an expert in CO2 and low-global warming potential (GWP) compressors, a deal which was first announced late last year. The completion of the acquisition reinforces Danfoss’ position as a preferred destination for greener cooling and heating solutions. The announcement was made in parallel...
World Compressor Market -- Europe
Reported by Association of European Refrigeration Component Manufacturers (ASERCOM) Europe’s Four Challenges Human resources, Ecodesign, F-gases, and per and polyfluoroalkyl substances...
World Compressor Market -- India
Reported by Rakesh Kumar, managing editor, ISHRAE Journal Market Scenario The Indian room air conditioner (RAC) market and consequently the compressor market improved in 2022 as the country&...
Heat Pump Boom Unfurls across Europe in 2022
Compiled and edited by Susan Phalippou, JARN’s European correspondent The European Heat Pump Association (EHPA) reported that a record number of heat pumps sales has been reached in 2022: aro...
