Headline News Volume 464

============================
eJARN.com Headline News
Date: Jan 25th, 2019, Volume 464
( http://www.ejarn.com )
============================
★★★Complimentary issue of JARN magazine for those who are new to JARN magazine★★★
Thinking about subscribing to JARN magazine! You're invited to receive a complimentary sample issue of JARN. To receive your free issue, please send the following information to sample@ejarn.com: Your name, company name, address (including zip code and country), e-mail address, and phone number
★★★ ★★★ ★★★
 
<Jan Special edition>
1. World Air Conditioner Market 2018 - OVERVIEW
After five years of rapid growth, the global market began to slow down significantly in 2018.  According to JARN, the global air conditioner market in 2018 indicated a 0.6% year-on-year increase, with total demand of up to 130.14 million units.
Jan Special page 1
https://www.ejarn.com/detail.php?id=55977
 
2. U.S. market
According to JARN’s estimation based on Air-Conditioning, Heating, and Refrigeration Institute (AHRI), demand in 2018 for unitary systems have reached 8.1 million units, indicating 8.0% year-on-year growth. Heat pump shipments reached 2.82 million units, representing 7.2% year on-year growth. Heat pumps are carving out a rising share of the market.  Demand in 2018 for mini-splits broke 1 million units for the first time, which means ductless air conditioner have earned a lot of recognition in the U.S. market.
Jan Special page 12
https://www.ejarn.com/detail.php?id=55978
 
3. China Market
The air conditioner market in China saw slight decline in 2018. JARN estimated that air conditioner market demand in China will amount to 59.53 million units in 2018, indicating 2.3% decline compared with 2017.
The top three air conditioner brands in China, namely Gree, Midea, and Haier, led the local market with a cumulative 71% market share. After explosive growth in 2017, some manufacturers started to expand production capacity. There are seven air conditioner manufacturers in China that have annual production capacities exceeding 10 million units, namely Gree, Midea, Haier, Hisense, TCL, Chigo, and AUX.
Jan Special page 18
https://www.ejarn.com/detail.php?id=55980
 
4. SOUTHEAST ASIAN Market
In 2018, the total air conditioner market of seven major countries in Southeast Asia, namely Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, decreased by 0.1% to 7.85 million units, due mainly to unfavorable weather.
Jan Special page 22
https://www.ejarn.com/detail.php?id=55981
 
5. Indian Market
Due to the impending change in the Star Rating scheme, the industry saw large stocks being billed to dealers during the year-end of 2017. Expecting a normal summer in 2018, the dealers built up their inventories. But because of intermittent rains across the country during the summer months, the demand for RACs dropped during the peak season, leading to a negative growth in secondary sales from dealers to consumer in 2018.
By the end of 2018, the overall decline in air conditioner primary sales is expected to be 7.5%, and market scale is estimated at about 5.22 million.
Jan Special page 36
https://www.ejarn.com/detail.php?id=55982
https://www.ejarn.com/detail.php?id=55983
 
 
============= Visit new eJARN now! =============
eJARN offers a full range of up-to-date articles on HVAC&R news from around the world.
eJARN members can access JARN's complete archive of past articles.
For subscription to JARN and/or eJARN, contact us at ( subscribe@ejarn.com ).
 
JARN periodically sends the JARN newsletter to people in the HVAC&R industry as a complimentary service.
If you don't wish to receive this newsletter, please contact ( withdraw@ejarn.com ):
All questions and comments are appreciated: ( jarn@jarn.co.jp ):
 
JARN Headline News is published in English, Chinese, Japanese, German, Spanish and Russian.
 
JARN Ltd.
Yokozeki Bldg., 2-10-3 Akasaka, Minato-ku, Tokyo, 107-0052 Japan.
TEL: +81-3-3584-4704    FAX +81-3-3584-4708
------------------------------------------------------------------
Copyright c 2018 JARN Ltd. All Rights Reserved.