Headline News Volume 434

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eJARN.com Headline News
Date: June 22nd, 2018, Volume 434
( http://www.ejarn.com )
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<May Special edition>
1. India
Despite market turmoil from the effects of the demonetization of high-value notes in November 2016, as well as the introduction of the Goods and Services Tax (GST) in July 2017, India’s VRF market grew 11.8% year on year to 38,000 units.
http://www.ejarn.com/detail.php?id=51881
 
2. Latin American
The Latin American VRF market increased to 31,100 units in 2017. Brazil maintained its position as Latin America’s largest VRF market, followed by Mexico, Argentina, Colombia, and Peru.
http://www.ejarn.com/detail.php?id=51882
 
3. Middle East
The Middle Eastern VRF market scale was 32,400 units in 2017, an increase of 29.7% compared with 2016. These large-scale projects exert a major impact on VRF demand, resulting in a VRF market that fluctuates greatly. Almost all VRF systems in the region are imported from overseas.
http://www.ejarn.com/detail.php?id=51888
 
4. Africa
The African VRF market is very small, with only 9,600 units sold in 2017, owing to relatively low incomes and low purchasing ability. The main market is concentrated in South Africa, followed by Egypt and Nigeria. South Korean and Chinese manufacturers are active in the region, competing with Daikin that created the VRF market in this region
http://www.ejarn.com/detail.php?id=51896
 
5. JCI Group Strengthening Its Capability with Multi Brand Strategy
On April 11, a press conference on new YORK brand variable refrigerant flow (VRF) systems was held in Beijing during the China Refrigeration expo (CRH 2018).  JARN seized the opportunity to interview Hank Marcy, vice president of Global Product Development at Johnson Controls-Hitachi Air Conditioning, to hear about brand and product strategy.
http://www.ejarn.com/detail.php?id=51904
 
 
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