Share of the central air conditioning market in China Q1 2022
As of the first quarter of 2022, Midea was the market leader in the central air conditioning market in China. The company accounted for 15 percent of the market, followed by Gree Electric, and Daikin. Central AC can regulate the temperature of a complete building. In contrast, non-central AC systems, which are much more common in Chinese residential housing, are individual units that usually regulate the temperature in a single room.