AUSTRALIA
2018-05-29
Continuing from 2016, the 2017 Australian air conditioner market showed steady growth, supported by a housing construction boom. The Australian VRF market scale is estimated at 15,600 units in 2017, indicating 30.0% year-on-year growth. The housing boom, however, is due to an increase in real estate investors and immigrants from China, and has sparked sharply higher home prices.
