Eurostat, the statistical office for the EU, produces European statistics in partnership with National Statistical Institutes and other national authorities in the EU Member States. Recently, statistics accounting for impact of the COVID-19 outbreak have been added.
In order to help manufacturers gain certainty, Eurovent Market Intelligence (EMI) will publish a report analysing the impact of the COVID-19 pandemic on the European HVACR industry at the end of September. The report will include results of a recently launched EMI survey targeting HVACR product manufacturers. The survey runs until 11 September 2020. Interested manufacturers are encouraged to participate.
The IEA has issued its World Energy Outlook 2020 that also looks at the impacts of the COVID-19 crisis. Its analysis show that in countries in lockdown, the energy demand declined by 18-25% on average. IEA explores a scenario that quantifies the energy impacts of a widespread global recession caused by months-long restrictions on mobility, and social and economic activity. This results in a 6% energy demand contraction - the largest one in 70 years in percentage terms and the largest ever in absolute terms. The impact of COVID-19 on energy demand in 2020 would be more than seven times larger than the impact of the 2008 financial crisis.
On 4 January 2019, Eurovent Market Intelligence (EMI) has commenced with its latest annual data collection, which has been providing manufacturers with information on the European HVACR market since 1994. With more than 300 participating manufacturers, 15 product types, and response rates often exceeding 80%, the statistics branch of Eurovent has become the benchmark for HVACR market data.
The European Commission's Joint Research Centre has made the ‘JRC Integrated Database of the European Energy System’ (JRC-IDEES) available. It offers a consistent set of disaggregated energy-economy-environment historical time series for all 28 EU Member States from 2000 to 2015 and will be updated regularly.
South East Asia’s (SEA) HVACR market with Indonesia’s dominant share is set to be worth 13,63bn USD by 2023, hitting a CAGR of 9,30% between 2017 to 2023. As the country with the largest economy and population in SEA, Indonesia leads the regional market pinning strong influence on the demand surge due to its widespread infrastructure and robust industrial development. This article by Eurovent team member Markus Lattner provides an introduction to Indonesia in terms of market evolution with a focus on HVACR.
Eurovent Market Intelligence (EMI), the European reference for HVACR market statistics and an independent subunit of the Eurovent Association, has just released results of its studies on 2016 HVACR sales in Europe, the Middle East and Africa (EMEA). The results are based on real sales data. EMI provides annual and quarterly results, market trends and analyses, and makes reassessed data available for non-manufacturers. The number of participants has tripled during the last 5 years and reaches today around 300 manufacturers worldwide for 12 programmes.