Industry Analysis & Industry Trends
In 2011, revenue of the Air-conditioner Manufacturing Industry in China is expected to total $61.60 billion, up 18.3% from 2010 (constant 2011 dollars). The industry has maintained a steadily increasing trend in recent years, with revenue increasing at an annualized rate of 17.9% in the five years to 2011. There are expected to be 260 enterprises operating within this industry, employing about 333,000 people with a payroll of $3.04 billion.
Investment from both domestic and foreign enterprises operating in this industry increased greatly in recent years, especially in the room air-conditioner manufacturing segment.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
In the past five years, demand for products from this industry, especially room air-conditioners and residential central air-conditioning systems, grew strongly, driven by rising household disposable income, increases in consumption levels, and strong growth in the real estate sector. Industry value added increased at an annualized rate of 16.3% in the five years to 2011, higher than China's average annual GDP growth during the same period of about 9.5%.
Production capacity for room air-conditioners (RAC) increased to 120 million units in 2006 as most well-known international enterprises set up factories in China... purchase to read more