Articles Tagged with ''air conditioning market''

Mitsubishi Electric Corp. announced that it has begun producing the indoor units of commercial air conditioners for the North American market at Mitsubishi Electric US Inc.’s wholly owned subsidiary company, PIMS, S.A. de C.V., located in Baja California, Mexico.

Cooltech Applications announced that it has successfully raised €8 million to enable the final industrialization stage of its magnetic refrigeration technology, which is expected to achieve international commercialization by the end of this year.

Research firm Companies and Markets has released a study that estimates the global air conditioning market will grow at a compound annual growth rate of 18.5 percent through 2015.

The global air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 18.5 percent over the period of 2011 to 2015, according to a report from Companies & Markets.