Gree-made central air-conditioners led the domestic market for the seventh consecutive year, according to the Report on Development of the China Central Air-Conditioning Market 2018 released by HVACR News recently.
With market share of 15.5 percent, Gree Electric Appliances overshadowed McQuay (4.22 percent) and Daikin (12.52 percent), which are dominant European-American and Japanese-Korean brands.
Gree's performance is considered exceptional even when judged by a single category, with the market shares of the multi-split (the most popular air-conditioner type in 2018), unitary, and modular air conditioners recorded respectively at 13.7 percent, 35.8 percent, and 12.5 percent.
Gree is headquartered in Qianshan of Xiangzhou District, Zhuhai.
(city of zhuhai)