air-conditioning

Only a fifth of European households have air conditioning, International Energy Agency data shows

Samsung, Midea, and Mitsubishi Electric have benefited from a recent sales boom

DAIKIN Industries, the world’s largest manufacturer of air conditioners, is looking to expand in India as it responds to consumer demand for what’s become a necessity as temperatures soar.

Such a move would likely mean an outright sale of Johnson Controls-Hitachi Air Conditioning

Higher temperatures and better wages could see the number of air-conditioning units in South-east Asia jump from 40 million in 2017 to 300 million by 2040