Europe Innovates to Stay Afloat

This year in Europe, the novel coronavirus (COVID-19) pandemic spread rapidly, with Italy as an epicenter, from late February. In March, most European Union (EU) member states had locked down their countries and banned public contact, leading to a gradual decline in the numbers of new infections. Then in May, more and more countries began releasing the lockdowns in a stepwise manner. Under these circumstances, how did the European air conditioner market fare during the first quarter of this year?