Chinese Markets for Air Conditioners and Refrigeration

Abstract

This report examines China' s macroeconomic trends, investment environment, air conditioners & refrigerator industry structure and capacity, production and demand, market consumption trends, distribution channels and principal industry participants. Long-term forecasts for air conditioners & refrigerator production and demand are included. Key producers are profiled. Top Chinese air conditioners & refrigerator producers are listed in the producer directory section.

Most primary and secondary research was done in China in order to access up-to-date government regulations, market information and industry data. Data were collected from the Chinese government publications, Chinese language newspapers and magazines, Chinese refrigeration associations including Chinese air conditioners associations, Chinese refrigerator associations, local governments' light industry bureaus, air conditioners & refrigerator industry publications, and our in-house databases. Interviews were conducted with Chinese industry experts, university professors, and air conditioners & refrigerator producers in China.

Historical data include 1996, 2001 and 2006. Long-term development trends are projected to the years 2011 and 2016. Economic models and quantitative methods are applied in this report to project market demand and industry trends. Metric system is used and values are presented in either Yuan (RMB, current price) and/or US dollars. Exchange rate for 2006 is based on the annual average rate (7.8 Yuan per US dollar). The word "demand" is used interchangeably with "consumption". Totals may not add due to rounding.