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Air conditioning: record heatwaves fuel second wind for makers

A growing middle class in South Asia will stoke demand for cool air

Cool air is in hot demand. Even before the start of summer, Asia has experienced record temperatures that climbed as high as 49C. As rising incomes allow more people to alleviate the misery, air conditioning manufacturers can expect a surge in sales.

Japanese officials on Friday expressed concern over the number of deaths due to heatstroke in recent years. In Tokyo, about 90 per cent of those who died last summer had not used air conditioning, according to the government. It wants to set up cooling shelters and encourage the elderly to use air conditioning.

Singapore, India, Vietnam and Thailand have faced similar issues as they endured scorching temperatures this year. The answer has been simple: buy more air conditioners.

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