Market Report
Midea Hosts New Product Launch in Budapest
On July 4, the 2023 Midea Building Technologies New Product Launch took place in Budapest, Hungary. In keeping with the theme ‘Ever Green, Ever Forward’, Midea Building Technologies unveil...
JRAIA Announces Programs of Its International Symposium in K
The Japan Refrigeration and Air Conditioning Industry Association (JRAIA) holds an International Symposium every two years. These cutting-edge events provide the latest information and explore develop...
SIFA to Be Staged in Paris in October
SIFA exhibition will be staged at Porte de Versailles, Paris, on October 10 to 12, 2023. With over 130 exhibitors and more than 30 lectures and workshops, the event will be a resounding success. Ex...
AC Market Special — Contributions — Indonesia
Reported by Yoshiharu Osumi, JARN’s HVAC&R advisor Indonesia’s gross domestic product (GDP) recorded 5.0% growth in the period spanning January to March 2023, marking the sixth cons...
AC Market Special — Contributions — India
Reported by Rakesh Kumar, consulting editor, ISHRAE Journal Economic Scenario Policy interventions by the government have made India an attractive destination for investment in the manufactu...
Global AC Market Pressurized by Inflation Hopes for Growth i
The United States In the first half of 2023, the U.S. air conditioner market performed well against a backdrop of high temperatures, lower inflation rates, stable mortgage interest rates, and incre...
Global AC Market Pressurized by Inflation Hopes for Growth i
India The Indian economy is relatively stable from a global perspective, but prices have skyrocketed and there is a sense that purchasing power has waned a bit. The Indian RAC market in the firs...
Global AC Market Pressurized by Inflation Hopes for Growth i
From spring to June 2023, the weather in Europe was generally not very hot, with the exception of several countries such as Spain and Greece. There were also many negative factors in the economy, such...
Global AC Market Pressurized by Inflation Hopes for Growth i
In the first half of 2023, the Southeast Asian RAC market recorded high single-digit growth compared with the same period of last year. Its PAC and VRF markets also showed upward trends. The Southeast...
AWE2023 Presents Future Smart Life
AWE, Appliance and Electronics World Expo, was successfully held from April 27 to 30 at Shanghai New International Expo Centre in China, with the theme of ‘Smartize the Future’. In a 15...
Rhoss Releases POKER290 Modular ATW Heat Pump with R290
Reported by Jacques Gandini, managing director of Studio Gandini, Italy Rhoss has developed POKER290, a highly energyefficient range of light commercial air-to-water (ATW) heat pumps that use propa...
CAREL Provides Ongoing Outstanding Innovation for Heat Pumps
Reported by Jacques Gandini, managing director of Studio Gandini, Italy In 2023, CAREL added its new three-phase inverter solution with active power factor correction (PFC) to its outstanding innov...
