Air-Conditioner Manufacturing in China - Industry Market Research Report

Revenue for the Air-Conditioner Manufacturing industry in China is expected to increase at a CAGR of 0.4% over the five years through 2023 from a high base year, to total $99.3 billion. This trend includes an expected increase of 5.8% in the current year. Approximately 193 enterprises are expected to operate in the industry over the period, employing an estimated 290,686 people with a payroll of $5.5 billion. The higher sales volume of high-end products has raised industry profitability to 8.6% in 2023. The Air-Conditioner Manufacturing industry in China manufactures residential room air-conditioners (RACs), residential central air-conditioning systems, dehumidifiers, humidifiers and air purifiers. These products are used to adjust the indoor temperature, moisture, airflow and air cleanliness. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.