New York, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Microchannel Heat Exchangers Industry" - https://www.reportlinker.com/p06032203/?utm_source=GNW
5 Million in the year 2020, is projected to reach a revised size of US$28 Million by 2027, growing at a CAGR of 12.2% over the analysis period 2020-2027. Condenser, one of the segments analyzed in the report, is projected to record a 11.7% CAGR and reach US$12.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Evaporator segment is readjusted to a revised 12% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3.7 Million, While China is Forecast to Grow at 11.8% CAGR
- The Microchannel Heat Exchangers market in the U.S. is estimated at US$3.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.9 Million by the year 2027 trailing a CAGR of 11.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.7% and 10.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.
- Water Coil Segment to Record 13.5% CAGR
- In the global Water Coil segment, USA, Canada, Japan, China and Europe will drive the 13.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.2 Million in the year 2020 will reach a projected size of US$5.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.3 Million by the year 2027.
- Select Competitors (Total 35 Featured) -
- API Heat Transfer
- Climate
- Danfoss
- Denso Corporation
- Hanon Systems
- Kaltura
- Kangsheng Group
- Mahle Gmbh
- Modine Manufacturing Company
- Sanhua Holding Group
- Zhejiang Kangsheng Co. Ltd (Kasun)
Read the full report: https://www.reportlinker.com/p06032203/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Microchannel Heat
Exchangers by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ for Years 2020 through 2027 and
% CAGR
Table 2: World Historic Review for Microchannel Heat Exchangers
by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
Table 3: World 15-Year Perspective for Microchannel Heat
Exchangers by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets for Years 2012, 2020 & 2027
Table 4: World Current & Future Analysis for Condenser by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
Table 5: World Historic Review for Condenser by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 6: World 15-Year Perspective for Condenser by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2012, 2020 & 2027
Table 7: World Current & Future Analysis for Evaporator by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
Table 8: World Historic Review for Evaporator by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 9: World 15-Year Perspective for Evaporator by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2012, 2020 & 2027
Table 10: World Current & Future Analysis for Water Coil by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
Table 11: World Historic Review for Water Coil by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 12: World 15-Year Perspective for Water Coil by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2020 & 2027
Table 13: World Current & Future Analysis for Automotive by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
Table 14: World Historic Review for Automotive by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 15: World 15-Year Perspective for Automotive by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2020 & 2027
Table 16: World Current & Future Analysis for HVAC by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2020 through 2027 and % CAGR
Table 17: World Historic Review for HVAC by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets - Independent Analysis of Annual Sales in US$ for
Years 2012 through 2019 and % CAGR
Table 18: World 15-Year Perspective for HVAC by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2012, 2020 & 2027
Table 19: World Current & Future Analysis for Commercial
Refrigeration by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ for Years 2020 through 2027 and
% CAGR
Table 20: World Historic Review for Commercial Refrigeration by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ for Years 2012 through 2019 and % CAGR
Table 21: World 15-Year Perspective for Commercial
Refrigeration by Geographic Region - Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
UNITED STATES
Table 22: USA Current & Future Analysis for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years 2020
through 2027 and % CAGR
Table 23: USA Historic Review for Microchannel Heat Exchangers
by Type - Condenser, Evaporator and Water Coil Markets -
Independent Analysis of Annual Sales in US$ for Years 2012
through 2019 and % CAGR
Table 24: USA 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 25: USA Current & Future Analysis for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration - Independent Analysis of Annual Sales in US$ for
the Years 2020 through 2027 and % CAGR
Table 26: USA Historic Review for Microchannel Heat Exchangers
by Application - Automotive, HVAC and Commercial Refrigeration
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 27: USA 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
CANADA
Table 28: Canada Current & Future Analysis for Microchannel
Heat Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years
2020 through 2027 and % CAGR
Table 29: Canada Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 30: Canada 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 31: Canada Current & Future Analysis for Microchannel
Heat Exchangers by Application - Automotive, HVAC and
Commercial Refrigeration - Independent Analysis of Annual Sales
in US$ for the Years 2020 through 2027 and % CAGR
Table 32: Canada Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 33: Canada 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
JAPAN
Table 34: Japan Current & Future Analysis for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years 2020
through 2027 and % CAGR
Table 35: Japan Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 36: Japan 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 37: Japan Current & Future Analysis for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration - Independent Analysis of Annual Sales in US$ for
the Years 2020 through 2027 and % CAGR
Table 38: Japan Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 39: Japan 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
CHINA
Table 40: China Current & Future Analysis for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years 2020
through 2027 and % CAGR
Table 41: China Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 42: China 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 43: China Current & Future Analysis for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration - Independent Analysis of Annual Sales in US$ for
the Years 2020 through 2027 and % CAGR
Table 44: China Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 45: China 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
EUROPE
Table 46: Europe Current & Future Analysis for Microchannel
Heat Exchangers by Geographic Region - France, Germany, Italy,
UK and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ for Years 2020 through 2027 and % CAGR
Table 47: Europe Historic Review for Microchannel Heat
Exchangers by Geographic Region - France, Germany, Italy, UK
and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ for Years 2012 through 2019 and % CAGR
Table 48: Europe 15-Year Perspective for Microchannel Heat
Exchangers by Geographic Region - Percentage Breakdown of Value
Sales for France, Germany, Italy, UK and Rest of Europe Markets
for Years 2012, 2020 & 2027
Table 49: Europe Current & Future Analysis for Microchannel
Heat Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years
2020 through 2027 and % CAGR
Table 50: Europe Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 51: Europe 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 52: Europe Current & Future Analysis for Microchannel
Heat Exchangers by Application - Automotive, HVAC and
Commercial Refrigeration - Independent Analysis of Annual Sales
in US$ for the Years 2020 through 2027 and % CAGR
Table 53: Europe Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 54: Europe 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
FRANCE
Table 55: France Current & Future Analysis for Microchannel
Heat Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years
2020 through 2027 and % CAGR
Table 56: France Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 57: France 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 58: France Current & Future Analysis for Microchannel
Heat Exchangers by Application - Automotive, HVAC and
Commercial Refrigeration - Independent Analysis of Annual Sales
in US$ for the Years 2020 through 2027 and % CAGR
Table 59: France Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 60: France 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
GERMANY
Table 61: Germany Current & Future Analysis for Microchannel
Heat Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years
2020 through 2027 and % CAGR
Table 62: Germany Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 63: Germany 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 64: Germany Current & Future Analysis for Microchannel
Heat Exchangers by Application - Automotive, HVAC and
Commercial Refrigeration - Independent Analysis of Annual Sales
in US$ for the Years 2020 through 2027 and % CAGR
Table 65: Germany Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 66: Germany 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
ITALY
Table 67: Italy Current & Future Analysis for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years 2020
through 2027 and % CAGR
Table 68: Italy Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 69: Italy 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 70: Italy Current & Future Analysis for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration - Independent Analysis of Annual Sales in US$ for
the Years 2020 through 2027 and % CAGR
Table 71: Italy Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 72: Italy 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
UNITED KINGDOM
Table 73: UK Current & Future Analysis for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil -
Independent Analysis of Annual Sales in US$ for the Years 2020
through 2027 and % CAGR
Table 74: UK Historic Review for Microchannel Heat Exchangers
by Type - Condenser, Evaporator and Water Coil Markets -
Independent Analysis of Annual Sales in US$ for Years 2012
through 2019 and % CAGR
Table 75: UK 15-Year Perspective for Microchannel Heat
Exchangers by Type - Percentage Breakdown of Value Sales for
Condenser, Evaporator and Water Coil for the Years 2012, 2020 &
2027
Table 76: UK Current & Future Analysis for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration - Independent Analysis of Annual Sales in US$ for
the Years 2020 through 2027 and % CAGR
Table 77: UK Historic Review for Microchannel Heat Exchangers
by Application - Automotive, HVAC and Commercial Refrigeration
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 78: UK 15-Year Perspective for Microchannel Heat
Exchangers by Application - Percentage Breakdown of Value Sales
for Automotive, HVAC and Commercial Refrigeration for the Years
2012, 2020 & 2027
REST OF EUROPE
Table 79: Rest of Europe Current & Future Analysis for
Microchannel Heat Exchangers by Type - Condenser, Evaporator
and Water Coil - Independent Analysis of Annual Sales in US$
for the Years 2020 through 2027 and % CAGR
Table 80: Rest of Europe Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 81: Rest of Europe 15-Year Perspective for Microchannel
Heat Exchangers by Type - Percentage Breakdown of Value Sales
for Condenser, Evaporator and Water Coil for the Years 2012,
2020 & 2027
Table 82: Rest of Europe Current & Future Analysis for
Microchannel Heat Exchangers by Application - Automotive, HVAC
and Commercial Refrigeration - Independent Analysis of Annual
Sales in US$ for the Years 2020 through 2027 and % CAGR
Table 83: Rest of Europe Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 84: Rest of Europe 15-Year Perspective for Microchannel
Heat Exchangers by Application - Percentage Breakdown of Value
Sales for Automotive, HVAC and Commercial Refrigeration for the
Years 2012, 2020 & 2027
ASIA-PACIFIC
Table 85: Asia-Pacific Current & Future Analysis for
Microchannel Heat Exchangers by Type - Condenser, Evaporator
and Water Coil - Independent Analysis of Annual Sales in US$
for the Years 2020 through 2027 and % CAGR
Table 86: Asia-Pacific Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 87: Asia-Pacific 15-Year Perspective for Microchannel
Heat Exchangers by Type - Percentage Breakdown of Value Sales
for Condenser, Evaporator and Water Coil for the Years 2012,
2020 & 2027
Table 88: Asia-Pacific Current & Future Analysis for
Microchannel Heat Exchangers by Application - Automotive, HVAC
and Commercial Refrigeration - Independent Analysis of Annual
Sales in US$ for the Years 2020 through 2027 and % CAGR
Table 89: Asia-Pacific Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 90: Asia-Pacific 15-Year Perspective for Microchannel
Heat Exchangers by Application - Percentage Breakdown of Value
Sales for Automotive, HVAC and Commercial Refrigeration for the
Years 2012, 2020 & 2027
REST OF WORLD
Table 91: Rest of World Current & Future Analysis for
Microchannel Heat Exchangers by Type - Condenser, Evaporator
and Water Coil - Independent Analysis of Annual Sales in US$
for the Years 2020 through 2027 and % CAGR
Table 92: Rest of World Historic Review for Microchannel Heat
Exchangers by Type - Condenser, Evaporator and Water Coil
Markets - Independent Analysis of Annual Sales in US$ for Years
2012 through 2019 and % CAGR
Table 93: Rest of World 15-Year Perspective for Microchannel
Heat Exchangers by Type - Percentage Breakdown of Value Sales
for Condenser, Evaporator and Water Coil for the Years 2012,
2020 & 2027
Table 94: Rest of World Current & Future Analysis for
Microchannel Heat Exchangers by Application - Automotive, HVAC
and Commercial Refrigeration - Independent Analysis of Annual
Sales in US$ for the Years 2020 through 2027 and % CAGR
Table 95: Rest of World Historic Review for Microchannel Heat
Exchangers by Application - Automotive, HVAC and Commercial
Refrigeration Markets - Independent Analysis of Annual Sales in
US$ for Years 2012 through 2019 and % CAGR
Table 96: Rest of World 15-Year Perspective for Microchannel
Heat Exchangers by Application - Percentage Breakdown of Value
Sales for Automotive, HVAC and Commercial Refrigeration for the
Years 2012, 2020 & 2027
IV. COMPETITION
Total Companies Profiled: 35
Read the full report: https://www.reportlinker.com/p06032203/?utm_source=GNW
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