The air conditioning industry of China in 2019 is in recession. While the overall industry demand has declined, the competition among enterprises has increased. There has been competition over the channels of online and offline sales, and the hype of intelligent air conditioning concepts. As the leading companies in China's home appliances, Gree and Midea have always received much attention. The competition of air-conditioning business between them is even more intense. Gree and Midea's semiannual reports 2019 were announced in the last few hours. According to these reports of the two companies, Coolwor.com has summarized two tables to systematically analyze the achievements of Gree and Midea's operation and development.

Persistent Market Research released its analysis of the future in the absorption chillers market. In the coming years, the market is projected to display a positive outlook.

According to the new market research report "Cold Chain Monitoring Market by Component (Hardware (Sensors and Data Loggers) and Software), Application (Pharmaceuticals & Healthcare, Food & Beverages, and Chemicals), Logistics (Storage and Transportation), and Region - Global Forecast to 2023", The cold chain monitoring market is expected to grow from USD 3.80 billion in 2018 to USD 6.46 billion by 2023, at a CAGR of 11.17% between 2018 and 2023. The growth of the cold chain monitoring market can be attributed to the increasing demand for temperature-sensitive drugs, rising demand for better food quality and need to reduce food wastage , growing demand for generic drugs owing to higher accessibility and growing governmental focus on issuing policies impacting the supply chain efficiency of fast-growing pharmaceuticals sector in Europe and North America.