Headline News Volume 600
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eJARN.com Headline News
Date: Oct 8th, 2021, Volume 600
( http://www.ejarn.com )
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< Sep Regular edition>
1. The Global R32 AC Market – 2020 Overview (Part-1)
When reviewing the 2020 global air conditioner market trends, it emerges that the shift to mildly-flammable (A2L) refrigerant R32 continues to accentuate and is becoming more far-reaching, in spite of the significant impact exerted by the COVID-19 pandemic. The global air conditioner market in both the residential and commercial sectors is estimated to have decreased by nearly 10% in 2020 compared with 2019. On the contrary, demand for R32 air conditioners is estimated to have increased by about 10%. The number of countries where R32 units account for the majority of the split-type room air conditioner (RAC) market is increasing, mainly in Asia, Europe, and Oceania. The penetration of R32 units in the entire global split-type RAC market including Japan is estimated to have reached over 50% in 2020.
Sep Regular page 10
https://www.ejarn.com/detail.php?id=69510&l_id=
2. Review of the Global AC Market in the First Half of 2021 - China
According to data from China Market Monitor, RAC sales in China in the first half of 2021 were nearly 30.15 million units, a year-on-year decline of 3.3%. Of these, online sales totaled about 14.07 million units, a year-on-year decrease of 5.4%, and offline sales reached about 16.08 million units, a year-on-year decrease of 1.5%. For exports, China Customs data showed that from January to May 2021, China exported nearly 37 million RACs, recording double-digit growth year on year.
Sep Regular page 28
https://www.ejarn.com/detail.php?id=69623&l_id=
3. Review of the Global AC Market in the First Half of 2021 - Australia
The Australian RAC market scale in the first half of 2021 is estimated to have increased by 9.1% year on year. The PAC market scale is estimated to have increased slightly. In Australia, there is concern that production and market distribution of air conditioners will decrease due to a shortage of semiconductors.
Sep Regular page 28
https://www.ejarn.com/detail.php?id=69625&l_id=
4. Review of the Global AC Market in the First Half of 2021 – Latin America
The Latin American RAC market scale in the first half of 2021 is estimated to have increased by 9.1% year on year. According to data from China Customs, RAC exports from China to Latin America over the period spanning January to May 2021 increased by more than 50% compared with the same period in 2020.
Sep Regular page 30
https://www.ejarn.com/detail.php?id=69626&l_id=
5. Magnetic Bearing Centrifugal Chillers Embraced High-speed Growth in China
In terms of brand, domestic brands have seen continuing breakthroughs in competitiveness in the magnetic bearing centrifugal chiller segment in the first half of 2021. Domestic brands, led by Haier, Midea, and Gree, have sped up expansion in the magnetic bearing segment for Chinese brands, and TICA’s acquisition of Smardt also indicates the determination of domestic brands in business transition.
Sep Regular page 37
https://www.ejarn.com/detail.php?id=69627&l_id=
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