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China is world's biggest ac producer

CHINA produces 70% of air-conditioners worldwide according to new report from China Commodity Marketplace.
China produced 63m air-conditioners from Aug 1, 2006-July 31, 2007, accounting for 70% of the world's total air-conditioner production.

The notable statistic is the result of China experiencing rapid growth in its export of air-conditioners. According to the figures from China Customs, China has exported 29.33m air-conditioners, increasing by 6.71% from the previous year, while export value reached US $5.1 billion, increasing by 20.53% year-on-year.

Production of Asia-based air-conditioners accounts for 95% of the global market and 95% of Asia's production is achieved by producers in China, Thailand, Korea and Japan. The top five air-conditioner manufacturers in terms of production capacity include China-based Gree and Midea, Korea-based LG and Samsung, as well as Japan-based Panasonic.

Chinese firms Gree and Midea contributed to 17% and 15% of the total production of air conditioners worldwide, with their own brands producing a lower capacity, compared to international brands like LG, Samsung and Panasonic, as a large amount of their production are for OEM manufacturing.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Midea offers comfort and style with its new highly efficient Vertu Plus wall mounted series

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  25-Aug-2021

Fridge Freezer Direct Introduces J & E Hall's range of Cellar Cooling

Reliable and energy efficient, the JCC range of cellar coolers are designed to be used in wine and beer cellars above or below ground.
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