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Europe Air Conditioners Market
Europe Air Conditioners Market by Type (Split, Window, Centralized/Ducted, Others), Tonnage (Up to 2 Tons, 2 Tons to 5 Tons, Others), Technology (Inverter, Non-inverter), End User (Residential, Commercial, Industrial), and Geography - Forecast to 2030
Report ID:MRSE - 1041010 Pages: 250 Jul-2024 Formats*: PDF Category: Semiconductor and Electronics Delivery: 24 to 72 HoursThe Europe Air Conditioners Market is projected to reach $46.8 billion by 2030, at a CAGR of 6% during the forecast period 2024–2030. The growth of the Europe air conditioners market is driven by increasing temperatures and humidity levels, consumers’ growing preference for convenience and comfort, and the rising demand for energy-efficient air conditioning systems. However, the high costs of air conditioners restrain the market’s growth.
The rising adoption of air conditioners with inverter and air purification technologies and technological advances in HVAC systems are creating growth opportunities for the players operating in this market. However, the high energy consumption of air conditioners limits their adoption, which is a challenge for market stakeholders. Moreover, connected air conditioners and the emergence of solar photovoltaic (PV) and solar thermal-assisted air conditioning systems are notable trends in this market.
Rising Adoption of Air Conditioners with Inverter and Air Purification Technologies Generating Growth Opportunities for Market Players
Europe's move toward air conditioners with inverter and air purification technologies can be attributed to several factors, including growing environmental concerns, energy efficiency goals, and a greater emphasis on improving indoor air quality. The European Union (EU) has been actively working to reduce energy consumption and greenhouse gas emissions. Market players are developing energy-efficient air conditioners to comply with regulations and standards such as the EU Energy Label and Ecodesign Directive. Air conditioners with inverter technology are more energy-efficient than traditional air conditioning systems with fixed-speed compressors, as they can adjust their cooling capacities as and when required. This advantage aligns with the EU's energy efficiency objectives.
European countries are increasingly concerned about climate change and its impacts. Cooling systems, including air conditioners, contribute to electricity consumption and greenhouse gas emissions. Inverter technology can help reduce energy consumption, resulting in lower carbon emissions, which is in line with Europe's commitment to combating climate change. Inverter technology allows for precise temperature control and helps maintain more consistent indoor temperatures, providing greater comfort to users, especially during extreme temperatures. Europeans value comfort and are willing to invest in technologies that offer better climate control.
European consumers are becoming increasingly conscious of the products they purchase and their impacts on human health and the environment. Many consumers are willing to pay a premium for appliances that are energy-efficient and offer improved indoor air quality. Some European governments are providing incentives and subsidies for the purchase of energy-efficient appliances, including air conditioners with inverter technology. These incentives are encouraging consumers and businesses to adopt more efficient cooling solutions.
Thus, the rising adoption of air conditioners with inverter and air purification technologies is generating growth opportunities for the players operating in this market as the demand for energy-efficient appliances, including air conditioners, is expected to increase significantly in Europe during the coming years.
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Key Findings in the Europe Air Conditioners Market Study:
The Split ACs Segment Expected to Dominate the Europe Air Conditioners Market in 2024
Based on type, the Europe air conditioners market is segmented into window ACs, split ACs, VRF (Variable Refrigerant Flow) systems, centralized/ducted ACs, and other air conditioner types. In 2024, the split ACs segment is expected to account for the largest share of the Europe air conditioners market. Split AC systems are energy efficient and keep indoor environments clean. The segment’s large market share is attributed to the increasing demand for energy-saving and low-noise air conditioners and key market players’ increasing emphasis on providing quality air conditioners and launching a wide range of split ACs in the market.
The Inverter ACs Segment Expected to Account for the Largest Market Share in 2024
Based on technology, the Europe air conditioners market is segmented into inverter ACs and non-inverter ACs. In 2024, the inverter ACs segment is expected to account for the larger share of the Europe air conditioners market. The segment’s large market share is attributed to advancements in inverter technology and AC manufacturers’ strong focus on product enhancement and the development of inverter-powered ACs.
The Residential Segment Expected to Dominate the Europe Air Conditioners Market in 2024
Based on end user, the Europe air conditioners market is segmented into residential end users, commercial end users, and industrial end users. In 2024, the residential segment is expected to account for the largest share of the Europe air conditioners market. The segment’s large market share is mainly attributed to the growing acceptance of smart home technologies, construction companies’ increased focus on offering air-conditioned apartments, and the rising need to improve indoor air quality. Moreover, the residential segment is also projected to register the highest CAGR during the forecast period.
Based on geography, the Europe air conditioners market is segmented into the U.K., Germany, France, Italy, Spain, the Netherlands, Switzerland, Poland, Norway, Sweden, Denmark, Ireland, Russia, and the Rest of Europe (RoE). In 2024, Italy is expected to account for the largest share of the Europe air conditioners market. Italy’s dominant position in the Europe air conditioners market is attributed to the growing demand for residential air conditioners due to rising temperatures, the increasing need for space cooling, the rising demand for comfort, and growing income levels in the country. Furthermore, the rising demand for comfortable residential spaces and the increasing ownership of residential apartments are encouraging consumers to install AC units. This trend is expected to drive the growth of the air conditioners market in Italy during the coming years. However, France is projected to register the highest CAGR during the forecast period.
Key Players:
The key players operating in the Europe air conditioners market are Daikin Industries, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Hitachi-Johnson Controls Air Conditioning (Japan), Carrier Global Corporation (U.S.), Whirlpool Corporation (U.S.), Haier Smart Home Co. Ltd. (China), LG Electronics (South Korea), Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), Samsung Electronics Co., Ltd. (South Korea), Fujitsu Limited (Japan), Blue Star Ltd (India), Toshiba Corporation (Japan), Gree Electric Appliances Inc. (China), and Midea Group Co. Ltd (China).
Scope of the Report:
Europe Air Conditioners Market Assessment, by Type
- Split ACs
- Window ACs
- Centralized/Ducted ACs
- VRF (Variable Refrigerant Flow) Systems
- Portable ACs
Europe Air Conditioners Market Assessment, by Tonnage
- Up to 2 Tons
- 2 Tons to 5 Tons
- 5 Tons to 10 Tons
- More than 10 Tons
Europe Air Conditioners Market Assessment, by Technology
- Inverter ACs
- Non-inverter ACs
Europe Air Conditioners Market Assessment, by Rating
- 1 Star ACs
- 2 Star ACs
- 3 Star ACs
- 4 Star ACs
- 5 Star ACs
Europe Air Conditioners Market Assessment, by End User
- Residential
- Commercial
- Industrial
Europe Air Conditioners Market Assessment, by Geography
- U.K.
- Germany
- France
- Italy
- Spain
- Netherlands
- Switzerland
- Sweden
- Poland
- Norway
- Denmark
- Ireland
- Russia
- Rest of Europe
Key Questions Answered in the Report:
The Europe air conditioners market is projected to reach $46.8 billion by 2030, at a CAGR of 6% during the forecast period.
The growth of the Europe air conditioners market is driven by soaring temperatures & humidity levels, consumers’ growing inclination toward convenience & comfort, and the rising demand for energy-efficient air conditioners.
Some of the key players operating in the Europe air conditioners market are Daikin Industries, Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Hitachi-Johnson Controls Air Conditioning (Japan), Carrier Global Corporation (U.S.), Whirlpool Corporation (U.S.), Haier Smart Home Co. Ltd. (China), LG Electronics (South Korea), Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), Samsung Electronics Co., Ltd. (South Korea), Fujitsu Limited (Japan), Blue Star Ltd (India), Toshiba Corporation (Japan), Gree Electric Appliances Inc. (China), and Midea Group Co. Ltd (China).
The split ACs segment is expected to account for the largest share of the Europe air conditioners market.
The 2 tons to 5 tons segment is expected to record the highest CAGR during the forecast period.
The inverter ACs segment is expected to register the higher CAGR during the forecast period.
The 5 Star ACs segment is expected to record the highest growth rate during the forecast period.
Based on end user, which segment is expected to grow at the highest CAGR during the forecast period?
The residential segment is expected to record the highest CAGR during the forecast period.
1. Introduction
1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency & Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation Process
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing & Forecasting
2.3.1. Market Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Soaring Temperature & Humidity Levels
4.2.1.2. Consumers’ Growing Inclination Toward Convenience and Comfort
4.2.1.3. Rising Demand for Energy-efficient Air Conditioners
4.2.2. Restraints
4.2.2.1. High Costs of Air Conditioners
4.2.3. Opportunities
4.2.3.1. Rising Adoption of Air Conditioners with Inverter and Air Purification Technologies
4.2.3.2. Technological Advancements in HVAC Systems
4.2.4. Challenges
4.2.4.1. Air Conditioners’ High Energy Consumption
4.3. Market Trends
4.3.1. Connected Air Conditioners
4.3.2. Solar Photovoltaic (PV) & Solar Thermal-assisted Air Conditioning Systems
4.4. Case Studies
4.5. Value Chain Analysis
4.6. Consumer Buying Behavior Analysis
5. Europe Air Conditioners Market Assessment—by Type
5.1. Overview
5.2. Window ACs
5.3. Split ACs
5.4. VRF (Variable Refrigerant Flow) Systems
5.5. Centralized/Ducted ACs
5.6. Portable ACs
6. Europe Air Conditioners Market Assessment—by Tonnage
6.1. Overview
6.2. Up to 2 Tons
6.3. 2 Tons to 5 Tons
6.4. 5 Tons to 10 Tons
6.5. More than 10 Tons
7. Europe Air Conditioners Market Assessment—by Technology
7.1. Overview
7.2. Inverter ACs
7.3. Non-inverter ACs
8. Europe Air Conditioners Market Assessment—by Rating
8.1. Overview
8.2. 1 Star ACs
8.3. 2 Star ACs
8.4. 3 Star ACs
8.5. 4 Star ACs
8.6. 5 Star ACs
9. Europe Air Conditioners Market Assessment— by End User
9.1. Overview
9.2. Residential
9.3. Commercial
9.4. Industrial
10. Europe Air Conditioners Market Assessment— by Country/Region
10.1. U.K.
10.2. Germany
10.3. France
10.4. Italy
10.5. Spain
10.6. Netherlands
10.7. Switzerland
10.8. Sweden
10.9. Poland
10.10. Norway
10.11. Denmark
10.12. Ireland
10.13. Russia
10.14. Rest of Europe
11. Competition Analysis
11.1. Overview
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
11.3.1. Industry Leaders
11.3.2. Market Differentiators
11.3.3. Vanguards
11.3.4. Emerging Companies
11.4. Vendor Market Positioning
11.5. Market Share Analysis
12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments)
12.1. Daikin Industries, Ltd.
12.2. Mitsubishi Electric Corporation
12.3. Hitachi-Johnson Controls Air Conditioning
12.4. Carrier Global Corporation
12.5. Whirlpool Corporation
12.6. Haier Smart Home Co., Ltd.
12.7. LG Electronics
12.8. Blue Star Ltd
12.9. Toshiba Corporation
12.10. Panasonic Corporation
12.11. Robert Bosch GmbH
12.12. Fujitsu Limited
12.13. Samsung Electronics Co., Ltd.
12.14. Gree Electric Appliances Inc.
12.15. Midea Group Co. Ltd
(Note: SWOT Analyses of the Top 5 Companies Will Be Provided)
13. Appendix
13.1. Available Customization
13.2. Related Reports
List of Tables
Table 1 Currency Conversion Rates, 2019-2022
Table 2 Europe Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 3 Europe Air Conditioners Market for Split ACs, by Country/Region, 2021–2030 (USD Million)
Table 4 Europe Air Conditioners Market for Window ACs, by Country/Region, 2021–2030 (USD Million)
Table 5 Europe Air Conditioners Market for Centralized/Ducted ACs, by Country/Region, 2021–2030 (USD Million)
Table 6 Europe Air Conditioners Market for VRF (Variable Refrigerant Flow) Systems, by Country/Region, 2021–2030 (USD Million)
Table 7 Europe Air Conditioners Market for Other Air Conditioner Types, by Country/Region, 2021–2030 (USD Million)
Table 8 Europe Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 9 Europe Up to 2 Ton Air Conditioners Market, by Country/Region, 2021–2030 (USD Million)
Table 10 Europe 2 Ton to 5 Ton Air Conditioners Market, by Country/Region, 2021–2030 (USD Million)
Table 11 Europe 5 Ton to 10 Ton Air Conditioners Market, by Country/Region, 2021–2030 (USD Million)
Table 12 Europe More than 10 Ton Air Conditioners Market, by Country/Region, 2021–2030 (USD Million)
Table 13 Europe Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 14 Europe Air Conditioners Market for Inverter ACs, by Country/Region, 2021–2030 (USD Million)
Table 15 Europe Air Conditioners Market for Non-inverter ACs, by Country/Region, 2021–2030 (USD Million)
Table 16 Europe Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 17 Europe Air Conditioners Market for 1 Star ACs, by Country/Region, 2021–2030 (USD Million)
Table 18 Europe Air Conditioners Market for 2 Star ACs, by Country/Region, 2021–2030 (USD Million)
Table 19 Europe Air Conditioners Market for 3 Star ACs, by Country/Region, 2021–2030 (USD Million)
Table 20 Europe Air Conditioners Market for 4 Star ACs, by Country/Region, 2021–2030 (USD Million)
Table 21 Europe Air Conditioners Market for 5 Star ACs, by Country/Region, 2021–2030 (USD Million)
Table 22 Europe Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 23 Europe Air Conditioners Market for Residential End Users, by Country/Region, 2021–2030 (USD Million)
Table 24 Europe Air Conditioners Market for Commercial End Users, by Country/Region, 2021–2030 (USD Million)
Table 25 Europe Air Conditioners Market for Industrial End Users, by Country/Region, 2021–2030 (USD Million)
Table 26 Europe Air Conditioners Market, by Country/Region, 2021–2030 (USD Million)
Table 27 Europe: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 28 Europe: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 29 Europe: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 30 Europe: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 31 Europe: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 32 U.K.: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 33 U.K.: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 34 U.K.: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 35 U.K.: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 36 U.K.: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 37 Germany: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 38 Germany: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 39 Germany: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 40 Germany: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 41 Germany: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 42 France: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 43 France: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 44 France: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 45 France: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 46 France: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 47 Italy: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 48 Italy: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 49 Italy: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 50 Italy: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 51 Italy: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 52 Spain: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 53 Spain: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 54 Spain: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 55 Spain: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 56 Spain: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 57 Netherlands: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 58 Netherlands: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 59 Netherlands: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 60 Netherlands: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 61 Netherlands: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 62 Switzerland: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 63 Switzerland: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 64 Switzerland: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 65 Switzerland: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 66 Switzerland: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 67 Sweden: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 68 Sweden: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 69 Sweden: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 70 Sweden: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 71 Sweden: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 72 Poland: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 73 Poland: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 74 Poland: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 75 Poland: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 76 Poland: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 77 Norway: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 78 Norway: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 79 Norway: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 80 Norway: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 81 Norway: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 82 Denmark: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 83 Denmark: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 84 Denmark: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 85 Denmark: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 86 Denmark: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 87 Ireland: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 88 Ireland: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 89 Ireland: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 90 Ireland: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 91 Ireland: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 92 Russia: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 93 Russia: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 94 Russia: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 95 Russia: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 96 Russia: Air Conditioners Market, by End User, 2021–2030 (USD Million)
Table 97 Rest of Europe: Air Conditioners Market, by Type, 2021–2030 (USD Million)
Table 98 Rest of Europe: Air Conditioners Market, by Tonnage, 2021–2030 (USD Million)
Table 99 Rest of Europe: Air Conditioners Market, by Technology, 2021–2030 (USD Million)
Table 100 Rest of Europe: Air Conditioners Market, by Rating, 2021–2030 (USD Million)
Table 101 Rest of Europe: Air Conditioners Market, by End User, 2021–2030 (USD Million)
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Key Insights
Figure 8 Europe Air Conditioners Market, by Type, 2024 Vs. 2030 (USD Million)
Figure 9 Europe Air Conditioners Market, by Tonnage, 2024 Vs. 2030 (USD Million)
Figure 10 Europe Air Conditioners Market, by Technology, 2024 Vs. 2030 (USD Million)
Figure 11 Europe Air Conditioners Market, by Rating, 2024 Vs. 2030 (USD Million)
Figure 12 Europe Air Conditioners Market, by End User, 2024 Vs. 2030 (USD Million)
Figure 13 Impact Analysis of Market Drivers, Restraints, Opportunities, and Challenges
Figure 14 Consumer Buying Behavior Analysis
Figure 15 Europe Air Conditioners Market, by Type, 2024 Vs. 2030 (USD Million)
Figure 16 Europe Air Conditioners Market, by Tonnage, 2024 Vs. 2030 (USD Million)
Figure 17 Europe Air Conditioners Market, by Technology, 2024 Vs. 2030 (USD Million)
Figure 18 Europe Air Conditioners Market, by Rating, 2024 Vs. 2030 (USD Million)
Figure 19 Europe Air Conditioners Market, by End User, 2024 Vs. 2030 (USD Million)
Figure 20 Europe Air Conditioners Market, by Geography, 2024 Vs. 2030 (USD Million)
Figure 21 Growth Strategies Adopted by Leading Market Players (2020–2024)
Figure 22 Competitive Dashboard: Air Conditioners Market
Figure 23 Vendor Market Positioning Analysis (2020–2024)
Figure 24 Market Share Analysis: Air Conditioners Industry
Figure 25 Daikin Industries, Ltd.: Financial Overview
Figure 26 Mitsubishi Electric Corporation: Financial Overview
Figure 27 Johnson Controls International plc: Financial Overview
Figure 28 Carrier Global Corporation: Financial Overview
Figure 29 Whirlpool Corporation: Financial Overview
Figure 30 Haier Smart Home Co. Ltd.: Financial Overview
Figure 31 LG Electronics: Financial Overview
Figure 32 Panasonic Corporation: Financial Overview
Figure 33 Robert Bosch GmbH: Financial Overview
Figure 34 Samsung Electronics Co., Ltd.: Financial Overview
Figure 35 Fujitsu Limited: Financial Overview
Figure 36 Blue Star Ltd.: Financial Overview
Figure 37 Toshiba Corporation: Financial Overview
Figure 38 Gree Electric Appliances Inc.: Financial Overview
Figure 39 Midea Group Co. Ltd: Financial Overview
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