Demand for air-conditioners doubles in four years to 15 million units owing to climate-change, comfort
1 month ago

Demand for air-conditioners doubles in four years to 15 million units owing to climate-change, comfort

The Hindu  

“With the impact of climate change and people looking for comforts, India’s Air-conditioner market has doubled in four years to 15 million units,” a top industry official said. “Sustainability and self-reliance remain central to this growth, with the government implementing stringent energy efficiency standards and supporting domestic manufacturing through a ₹6,700 crore Production Linked Incentive scheme,” he said. Mahesh Khaitan, Director, SATTVA Group, said “The commercial real estate sector in India continues to present significant opportunities, with an existing footprint of 900 million square feet and an annual addition of nearly 100 million square feet.” “This rapid expansion fuels demand for cutting-edge HVAC solutions, energy-efficient innovations and enhanced indoor air quality to address climate challenges,” he said. Technology, digital solutions, and real-time data analytics will play a crucial role in optimizing energy efficiency, predictive maintenance, and overall operational sustainability.” Yogesh Mudras, Managing Director, Informa Markets in India said, “The HVAC industry in India is experiencing a transformative shift, fuelled by the increasing demand for smart, connected and sustainable climate control solutions.” “The sector is poised for robust expansion, with a projected CAGR of 16%, driven by the rapid adoption of inverter ACs, ductless systems and advancements in cleanroom and ventilation technologies,” he said.

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History of this topic

Economic Survey 2024-25 | What does it say about air pollution?
1 month, 3 weeks ago

Economic Survey 2024-25 | What does it say about air pollution?

The Hindu  

Focusing on climate adaptation as a key goal, the government in the 2024-25 Economic Survey, tabled in Parliament on Friday said that India will need to continue “efforts to maximise the efficiency of its existing fossil fuel resources in the medium term”. Economic Survey 2024-25: Read live updates here The Economic Survey recognises air pollution as a major concern for …

How the North is shaping India’s ‘smog economy’
3 months, 3 weeks ago

How the North is shaping India’s ‘smog economy’

Live Mint  

How is North India reacting to the crisis? As the air quality index breaches hazardous levels all over the region, residents of Delhi-NCR and other major cities are working from home, while schools have already moved to online classes. Products to protect oneself from hazardous air, such as N95 masks, Hepa filters, and home air purifiers are major constituents of …

Dialling up the cooling conversation at COP 29
4 months ago

Dialling up the cooling conversation at COP 29

Hindustan Times  

The Conference of Parties 29 has brought to the forefront the pressing need for action over negotiations. In India, we are dealing with some hard realities of global warming: Atmospheric heat is on the rise while our ambitious economic growth will increase cooling demand. Meeting cooling demand using traditional individual air conditioning units leads to greater energy consumption, greater emissions, …

The present and future of sustainable cooling in Delhi
8 months, 2 weeks ago

The present and future of sustainable cooling in Delhi

Hindustan Times  

We live in a world rife with inequalities, and adding to it is the division between those who have ACs and those who do not. Currently, we have tech innovation that provides a similar level of cooling with much lesser electricity demand but they have to be affordable.” “The biggest implication of such numbers is the increase in electricity load, …

India's Electricity Demand For ACs Set To Increase Nine-Fold By 2050: IEA
1 year, 4 months ago

India's Electricity Demand For ACs Set To Increase Nine-Fold By 2050: IEA

ABP News  

India's demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency said on Tuesday. IEA said by 2050, "India's total electricity demand from residential air conditioners in the STEPS exceeds total electricity consumption in the whole of Africa today. …

AC Manufacturers Confident Of Over 15 Per Cent Yearly Growth Despite Erratic Rains
1 year, 9 months ago

AC Manufacturers Confident Of Over 15 Per Cent Yearly Growth Despite Erratic Rains

ABP News  

Early summer and sudden rains, this is what the national capital has been witnessing this year, courtesy of the unstable weather pattern. Even as the unusual weather pattern applied a brake on sales of air conditioners, the overall AC industry is confident of double-digit growth, driven by the prediction of heatwaves and prolonged summers in Delhi. With 7 per cent-9 …

Best AC Brand in India
1 year, 11 months ago

Best AC Brand in India

Hindustan Times  

A new range of air conditioners has been launched by Hitachi Cooling & Heating India. The Hitachi airHome range of air conditioners is an outstanding product in terms of its quality and design innovations. The latest Hitachi airHome air conditioning units has ice Clean feature, powered by FrostWash technology, removes mold, bacteria, viruses, and dust. Hitachi airHome ACs are equipped …

India's power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago
2 years ago

India's power consumption rises 10% in Apr-Feb to 1375 billion units, surpasses full fiscal energy supplies year ago

The Hindu  

India’s power consumption surged 10% to 1375.57 billion units during April-February this fiscal year and has already surpassed the level of electricity supplied in entire 2021-22. In entire fiscal year 2021-22, power consumption was 1374.02 BU, which is less than 1375.57 BU recorded during April 2022 to February 2023 period. Experts say power consumption is expected to grow in double …

Over 160-200 million Indians could be exposed to lethal heat waves annually: World Bank
2 years, 3 months ago

Over 160-200 million Indians could be exposed to lethal heat waves annually: World Bank

The Hindu  

From 2030 onwards, more than 160 to 200 million people could be exposed to a lethal heat wave in India every year, and around 34 million Indians will face job losses due to heat stress-related productivity decline. According to the report, “Climate Investment Opportunities in India’s Cooling Sector”, this could open an investment opportunity of $1.6 trillion by 2040 besides …

Air India to introduce premium economy class in certain long haul flights next month: CEO and MD Campbell Wilson
2 years, 4 months ago

Air India to introduce premium economy class in certain long haul flights next month: CEO and MD Campbell Wilson

Hindustan Times  

Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said on Saturday as the Tata group-owned airline works on ways to expand its market share as well as the global network. Air India will be introducing premium economy class in some of its long haul international flights. …

India’s heatwave to lift AC sales to record, but supplies from China delayed
2 years, 10 months ago

India’s heatwave to lift AC sales to record, but supplies from China delayed

Live Mint  

Indian air conditioner manufacturers are expecting record sales this year as a heatwave scorches most of the country, an industry body told Reuters, but delayed arrivals of components from COVID-hit China may cause shortages of premium products. With temperatures this month breaching 49 degrees Celsius in New Delhi, sales are set to reach 8.5-9 million units this year, up from …

Summer windfall for AC- and fridge-makers may hit Chinese wall
2 years, 11 months ago

Summer windfall for AC- and fridge-makers may hit Chinese wall

Business Standard  

Summer has arrived early this year, bringing a bounty to the manufacturers of cooling appliances after two washout years due to the pandemic.The segment, which includes air conditioners, refrigerators, chest freezers and air coolers, saw a decline of 35-40% in 2020.While sales marginally increased the following year, the industry was hit by the second and third waves of the pandemic, …

Air pollution 2nd biggest health risk in India, annual economic cost over USD 150bn: Report
2 years, 11 months ago

Air pollution 2nd biggest health risk in India, annual economic cost over USD 150bn: Report

India TV News  

Highlights World Air Quality Report 2022 was released globally on Tuesday The report was prepared by Swiss organization IQAir It found that India's PM 2.5 level returned to pre-COVID lockdown concentrations measured in 2019 Air pollution is the second biggest factor affecting human health in India and its economic cost is estimated to exceed USD 150 billion annually, a latest …

Air cooler makers expect double-digit jump in sales this season as severe heat wave continues to lash country
5 years, 9 months ago

Air cooler makers expect double-digit jump in sales this season as severe heat wave continues to lash country

Firstpost  

New Delhi: Air cooler makers are expecting double-digit growth in sales this season, led by north and central Indian market as severe heat wave continues across the country. Branded air cooler makers are offering the latest technologies which include IoT, touch digital control panel, multistage air purification, high-efficiency cooling pads, intelligent remote, anti-bacterial tank in several sub-categories such as personal, …

Air purifier making firms on strong growth path; register double-digit growth during Diwali season
6 years, 4 months ago

Air purifier making firms on strong growth path; register double-digit growth during Diwali season

Firstpost  

With rising air pollution in India, particularly in the Delhi NCR around Diwali, the air purification industry has grown more than seven times in last three years to around 3.5 lakh units. During the month of October and in the first week of November, air purifiers markers such as Eureka Forbes, Honeywell, Blueair, Panasonic, Xiaomi and Samsung witnessed high double-digit …

India to top US as 2nd-largest carbon spewer from power: IEA
6 years, 4 months ago

India to top US as 2nd-largest carbon spewer from power: IEA

Live Mint  

India will overtake the US to become the world’s second-biggest emitter of carbon dioxide from the power sector before 2030 as the nation’s electricity demand skyrockets, the International Energy Agency said in its latest World Energy Outlook. Carbon dioxide emissions from India’s power sector are expected to rise nearly 80 percent by 2040 as power use almost triples, driven in …

Air conditioner demands across the world will need the combined power of US, EU and Japan by 2050
6 years, 10 months ago

Air conditioner demands across the world will need the combined power of US, EU and Japan by 2050

India Today  

With the temperatures steadily rising across the world, it is almost impossible to think of living without air conditioners, especially in certain Indian cities where the temperature in summer can shoot up to 50 degrees Celsius. The worldwide demand for air conditioning is expected to triple over the next 30 years, making the hunt for energy-efficient cooling systems a top …

Retailers see boom for eco-friendly ACs
6 years, 10 months ago

Retailers see boom for eco-friendly ACs

Deccan Chronicle  

Coimbatore: Even for a tier-two, relatively more industrialized city like Coimbatore, air conditioners were still a luxury and affordable only to the small better-off sections of the population. Being constantly exposed to the air-conditioned environment all the time has prompted people to purchase an AC for their homes too,” V. Nanavel, manager, air conditioners section at ‘Bharath Electronics & Appliances …

Delhi smog: Air purifiers sales rise as pollution worsens in NCR
7 years, 4 months ago

Delhi smog: Air purifiers sales rise as pollution worsens in NCR

Live Mint  

New Delhi: Air purifiers manufacturers are witnessing a spike in sales in the Capital and adjoining areas as consumers resort to panic buying with air pollution in Delhi-NCR breaching critical limit. Companies like Xiaomi, Eureka Forbes, Blue Air, Panasonic India, Honeywell and Sharp said they have witnessed multi-fold jump in demand for air purifiers in the last couple of days. …

Time To Replicate Lessons From Recession
13 years, 2 months ago

Time To Replicate Lessons From Recession

Firstpost  

It will be helpful to look back and recollect learnings from the 2008 recession on doing more with less that can be replicated in the current stressful economic scenario. The current situation brings back ominous memories of the 2008 recession which also impacted India’s economic growth. It will be helpful to look back and recollect learnings on doing more with …

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