Headline News Volume 615

2022-01-28

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eJARN.com Headline News
Date: Jan 28, 2022, Volume 615
( http://www.ejarn.com )
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< January Special edition>
1. World Air Conditioner Market in 2021 - OVERVIEW
JARN estimates that the global room air conditioner (RAC) market in 2021 increased by 3.0% compared with 2020, reaching 126.10 million units. On the other hand, the global PAC market has increased by 3.1% year on year, but it has not yet returned to the level of 2019.
Jan Special page 1
https://www.ejarn.com/detail.php?id=71094&l_id=2
 
2. United States
The U.S. market continues to maintain rapid growth. Total demand in 2021 has reached 24.33 million units, a year-on-year increase of 6.9%. Both ducted and ductless air conditioning systems continue to expand. According to statistics issued by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI), in November 2021, the unitary market has grown by 9.2% year on year. JARN estimates that single-split type and window-type RACs in the United States increased by 14.1% and 2.3% in 2021, respectively.
Jan Special page 6
https://www.ejarn.com/detail.php?id=71095&l_id=2
 
3. China
The Chinese RAC market increased to 2.6% year on year to 50,26 million units in 2021. The market has not yet reached the expected level, due to heavy rain and low temperatures in summer, and product price increases. Data from China Customs showed that the exports of RACs including window, portable, and single-split types increased by 15.5% year on year to 44.19 million units during the period spanning January to September 2021. In terms of destinations, North America and Europe grew significantly.
Jan Special page 14
https://www.ejarn.com/detail.php?id=71096&l_id=2
 
4. SOUTHEAST ASIA
JARN predicts that in 2021, the RAC market in the seven major Southeast Asian countries has increased by only 1.4% year on year to 5.98 million units. The most promising markets in Thailand and Vietnam have been hit hard, and the Malaysian market is showing no signs of recovery. The pandemic has also hit the supply chain of air conditioning production, and the supply of semiconductors and parts has become tight.
Jan Special page 16
https://www.ejarn.com/detail.php?id=71097&l_id=2
 
5. EUROPE
JARN estimates RAC demand in 2021 increased by 4.9% compared with 2020, reaching 7.45 million units. The renewal demand for PACs in stores was delayed. The lockdown was lifted in March 2021, so the projects postponed in 2019 resumed. The renewal demand for PACs in stores was delayed. The lockdown was lifted in March 2021, so the projects postponed in 2019 resumed.
Jan Special page 36
https://www.ejarn.com/detail.php?id=71107&l_id=2
 
 
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