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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.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

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