A reviving global air-conditioning market

According to BSRIA figures, in 2011, the world air-conditioning market increased by 13% compared with 2010.
According to BSRIA figures, in 2011, the world air-conditioning market increased by 13% compared with 2010: the value of the US market rose from USD 78 billion in 2010 to USD 88.2 billion in 2011 and is recovering from the 2009 downturn. The crisis most affected the Americas and Europe; America has slowly started to recover and stronger growth is witnessed in Brazil. Despite the euro crisis, sales of splits were up in Europe in 2011.
Geographically, the largest region in terms of air-conditioning sales remains Asia-Pacific (USD 48.2 billion, almost 55% of the world market in 2011). Asia is generally the major production hub (70% of the world’s air conditioners were produced in China alone in 2011).
IIR members can consult a 8-page summary of the BSRIA report: www.iifiir.org  (News and files section/Thematic files/Exclusive files).