OVER VIEW
Government Procures RMB 10 Billion Air-source Heat Pumps in 2017
World Air Conditioner Markets: 1 OVERVIEW
The year 2017 was a year of great achievement thanks to double-digit growth in China, the largest air conditioner market in the world. The global air conditioner market saw 9.3% year-on-year growth, increasing to 129 million units. Most parts of China experienced a hot summer in 2017. The room air conditioner (RAC) market grew by 30.2% year-on-year, reaching 61 million units. In the