China now largest hvac market

IN ADDITION to being the largest producer of heating, ventilating and air conditioning products in the world, China is now also the largest market for hvac, a new report claims. The top three Chinese manufacturers, Haier, Midea and Gree, can supply 50% of the world’s demand for HVAC products, according to the report by Frost & Sullivan. Driven by a boom in China’s commercial property, ...