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Within EU markets heating is still the main thing in terms of the amount of energy consumed, but the same air-to-air heat exchanger hardware also does cooling d
by zgluck 3y ago
Within EU markets heating is still the main thing in terms of the amount of energy consumed, but the same air-to-air heat exchanger hardware also does cooling during the summer.
I'd suggest you invest in e.g. Mitsubishi Electric and Daikin. They are the market leaders in that sweetspot of a) efficiency, b) quality/durability, c) demonstrated long term local support, d) price, IMO.
They are not European-based. They have product design in Japan, manufacturing in e.g. Thailand and sales/support offices in Europe.
Unlike other manufacturers, these companies actually listen to their sales orgs and adapt their products to suit the vastly varying climates of the EU.
Especially Mitsubishi Electric has a great reputation in the cold northern parts over the past 2 decades. Daikin is the challenger.
- kube-system 3y agoMitsubishi and Daikin are leaders in the high end of the market, which mainly sell to high income countries, which already are fairly saturated. But if I were making a long bet on the growth of air conditioners in response to global warming, it would be in the markets where there is a lot of growth potential. In these markets, I bet lower priced competitors will have an advantage, like https://en.wikipedia.org/wiki/Gree_Electric https://en.wikipedia.org/wiki/Gree_Electric
- zgluck 3y agoSure, if you support genocide I suppose that could seem to be an appealing investment strategy. In my experience the Chinese hardware is noisy and inefficient. It may make sense for keeping a garage above frost levels, in case it lasts, but it does not make sense for heating/cooling a human abode.
- kube-system 3y agoYes, I don't personally invest in Chinese companies for a multitude of reasons. But it is the reality that a lot of the growth in the market is from people in low income parts of the world who may only have the choice between low-end Chinese ACs, or legacy alternatives to AC.
- rvnx 3y agoIt's difficult to invest into Gree Electric, because of the risk of sanctions :/ though it's a great discovery for me. Thanks for sharing!