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| With the world demand for HVAC equipment is projected to rise over five percent per year through 2010, more suppliers are gaining their market share as the number of developing nations are becoming stronger. Especially in Asia Pacific region, the demand of HVAC industry will continue to benefit from above-average urban population growth and healthy gains in the number of households. |
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| The advances in the developed regions like Malaysia and South East Asia will be fueled by generally favorable economic conditions and higher income levels, leading to a step-up in building construction activity. |
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Demand for HVAC equipment is projected to rise over five percent per year through 2010 as the market from new buildings and upgrading projects get on stream in response to improving economic growth in the Southeast Asian region. |
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Malaysia continues to be the hub for global production of HVAC equipment, more than 1 million minisplits are produced each year to meet the market demand. There is also a strong export focus with government expecting large manufacturers to export more than 80% of the production. |
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In response to record energy costs, home, industrial and commercial users are investing in more energy efficient HVAC systems. As such, demand for newer technologies including building management systems will increase. |
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| We are very happy with the turnouts in our first time exhibiting. |
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Mr Beh Hock Heng
Sales Manager, Ferndale Direct |
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