Future of dedicated outdoor air system is promising
The slowing down growth of dedicated outdoor air system (DOAS) might leave the impression of a slide in market size, but the truth is, the sector is still growing only at a speed slower than expected. The growth rate was around 50% from 2014 to 2016, halved in 2017 and further shrank to 14.97% in 20...
Read More →618 Shopping Day: roundup of results
The 618 Shopping Day reports from leading ecommerce platforms including JD.com, Suning.com, Tmall and Pinduoduo on June 19 show that sales value from this online shopping day is rising.
Read More →Data | Domestic air source heat pump market expanded slightly in Q1
Chinese domestic air source heat pump (ASHP) market grew slightly in size in Q1 2019 with domestic sales up by 0.6% year-on-year to 1.6 billion Yuan. As to breakdown of sales by category, household ASHP water heaters posted domestic sales of 0.99 billion Yuan, down by 0.8% year-on-year, commercial...
Read More →Data | Wall-mounted boilers saw a clear rise in domestic sales in Q1
Combined sales of wall-mounted boilers came to 388,000 units in Q1, up by 1% year-on-year, of which domestic sales grew by 7.9% to 364,000 units while export volume plunged by 48.7% year-on-year to 24,000 units, according to ChinaIoL.com.
Read More →Data | Dedicated outdoor air systems unleashed potential in Q1
Dedicated outdoor air systems (DOAS) for household use grew faster than systems for commercial use in Q1 2019. Category wise, wall-mounted DOAS stood out with a growth rate of 15.73% year-on-year, yet central DOAS remained as the mainstream by market share, according to ChinaIoL.com...
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