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Market Report

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...

2020.08.23

Global RAC Market Shrinks by 27% -- Russia

Reported by the Association of Professional Companies in the Industry of Climate (APIC) The COVID-19 pandemic is going to exert an impact on the air conditioning market in Russia, but this impact w...

2020.08.23

Copeland Integrated Solutions Collaborates Customized System

As hospitals, healthcare and pharmaceutical storage facilities in the Southeast Asia region continue to grow, Emerson sees the opportunity to support its partners to help develop customized air condit...

2020.08.23

Global RAC Market Shrinks by 27% -- India

Reported by Rakesh Kumar, managing editor, ISHRAE Journal Politico-Economic Scenario The long shadow of the coronavirus loomed large on all spheres of life in India March 2020 onwards. Due to the ...

2020.08.23

Global RAC Market Shrinks by 27% -- The United States

In the first half of 2020, the U.S. economy was severely affected by COVID-19 with all-time high unemployment. However, consumer confidence appears to be relatively resilient. According to Air-Cond...

2020.08.23

Global RAC Market Shrinks by 27% -- Europe

In Europe, the COVID-19 pandemic spread from early March. In March and April, countries implemented lockdowns spreading from Italy across the rest of Europe, and economic activity stagnated. In May, t...

2020.08.23

Global RAC Market Shrinks by 27% -- Southeast Asia

Since the beginning of this spring, Southeast Asia has generally experienced good weather. However, that did not lead to an increase in demand for RACs as in previous years. Southeast Asia was serious...

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