RAC/PAC

2021.02.01

Carrier Achieves Perfect Score in Corporate Equality Index

Earns “Best Place to Work for LGBTQ Equality” designation January 29, 2021 PALM BEACH GARDENS, Fla., Jan. 29, 2021 — In its first year as a fully independent, publicly traded com...

2021.01.31

World Air Conditioner Market – 2021 Update - 2.4 INDIA

Reported by Rakesh Kumar, managing editor, ISHRAE Journal   Economic Scenario The novel coronavirus outbreak had a strong negative impact on the Indian economy during 2020. Due to the nationwi...

2021.01.31

World Air Conditioner Market – 2021 Update - Singapore

Singapore was severely affected by the lockdown, and sales of air conditioners dropped. RAC sales decreased by about 40% between April and September. The market did not seem to recover in the second h...

2021.01.31

World Air Conditioner Market – 2021 Update - Cambodia

Cambodia has recently attracted attention as Thailand-Plus-One and Vietnam-Plus-One due to lower labor costs than both those countries. Cambodia’s tourism industry is relatively developed, dr...

2021.01.31

World Air Conditioner Market – 2021 Update - Myanmar

Since Aung San Suu Kyi came to power, Myanmar's economy has been in a downturn, and the air conditioner market has been depressed. In 2020, the Myanmar RAC market decreased by 15.0% over 2019. ...

2021.01.31

World Air Conditioner Market – 2021 Update - The Philippines

The purchasing power of Philippine consumers is sluggish due to the long-term lockdown. Market demand from April to September 2020 is expected to have decreased by 30% compared with 2019. After the re...

2021.01.31

World Air Conditioner Market – 2021 Update - Malaysia

Beginning in March 2020, the pandemic situation became severe, air conditioner sales almost completely stopped, and sales were dismal. Sales began to recover gradually in May, and returned to the same...

2021.01.31

World Air Conditioner Market – 2021 Update - Indonesia

Indonesia is one of the regions most severely affected by the pandemic in Asia. Jakarta, the largest city, had a two-month Indonesia’s large-scale social restriction, from April to May, which wa...

2021.01.31

World Air Conditioner Market – 2021 Update - Vietnam

The ideal weather boosted the air conditioner market, which started normally in early April. In Vietnam, the pandemic exerted a relatively small impact. The government took moderate curtailment measur...

2021.01.31

World Air Conditioner Market – 2021 Update - Thailand

In Thailand, April to May is the hottest season of the year. Compared with other Southeast Asian countries, Thailand's development and sales period are relatively short. When a perfect opportunity...