Others
7. Hong Kong
The estimated domestic demand in 2005 was 500,000 units having shown a 10% increase from the previous year. The rate of penetration in Hong Kong is already high and a majority of the demand is for replacement. The window cooling-only type dominates the market, which accounts for around 85% and those made in Taiwan and Southeast Asia under Japanese brands are the mainstream. Hitachi enjoys the top ...
6. Taiwan
Taiwan is one of the world’s major air conditioner markets despite the small size of the country. The domestic RAC/ PAC market in Taiwan is sized at about 700,000 ~ 1,000,000 units/year depending on the summer weather and economic situation. Most of the air conditioners for residences are cooling-only window and ductless single split. There used to be a significant level of exports but there has b...
2.10 Latin American & Caribbean Region
The Latin American and Caribbean region experienced its fourth consecutive year of growth in 2006. The economic growth rate was about 5.3% this year, which means that the Latin American and Caribbean region has marked a third consecutive year of growth at over 4%. Thus, the region has again performed well in comparison with past periods.As a result of the income gains and of increased remittances ...
2.10 Latin America
Politics and economy of this region, as represented by Brazil as part of BRICs and Argentina as part of VISTA (Vietnam, Indonesia, South Africa, Turkey, and Argentina), kept relatively stable growth in 2007.The rate of building construction starts has also risen reflecting the increasing purchasing power in this region as a whole.Although demand for central air conditioners such as large chillers ...
2.9 Australia
Australia’s GDP growth rate (in value terms) in 2007 was 3.0%, proving that the nation’s economy has continued to expand stably.Although the construction boom ended by 2004, the construction industry still attained a 6% growth in 2006 and a 2% growth in 2007.The rate of contribution of commercial buildings to the growth above is increasing, leading to an increase in large chiller demand.According ...
2.11 Latin America
The market size of Latin American countries in 2007 is estimated to have grown to 4.1 million units, an increase of 13 % from 2006. The ductless split type accounts for about 60% of the market and the rest is made up of window type units. Unitary types account for only a few %. One quarter of ductless split units are of the heat pump type and the rest are cooling only. It is expected that ductless...
ISO to Establish ISO50001: Standard on Energy Management
The International Organization for Standardization (ISO) has decided to establish an international standard on energy management for industrial plants, commercial facilities or entire organizations. In September last year, the first meeting of ISO’s new project committee PC 242 which is to develop an international standard on energy management in Washington, DC. USA. Twenty-five major count...
Energy Efficiency and Labeling Systems in Asia
A global environmental symposium titled ‘International deployment of energy efficiency standards and labeling systems: Cooling Asia, heating Asian economics’ was held on February 27 in Tokyo, Japan. T...
Catching Up on Product and Market Trends at Expos
World HVAC&R Expo Schedule Updates: http://www.ejarn.jp/Type_news_inside.asp?id=11593&classid=6 Exhibitions held in various cities around the world are an ideal way to stay on top of HVAC&R product and market trends.JARN brings you real-time updates on the global exhibition schedule. JARN’s print edition provides monthly updates, while our Web edition offers weekly updates of in...
Views of the Residential AC Manufacturers Department of Abra
Residential-use mini-splits have become the most promising segment of the Brazilian air conditioning market after attaining a 29% growth in sales in 2008 over 2007. This presents a sharp contrast to sales of window type air conditioners (WRACs), which showed a 21% drop in 2008. Whether this change lasts or is temporary remains a question. For a more accurate prediction, it is necessary to further ...
