2017 air conditioner production growth is so high? Color ice washing industry expressed dissatisfaction
Not long ago, World Network, an industry operator, released several reports as part of the 2018 TMT industry leader list, including the "2017 Home Appliance Industry Research Report." According to this report, the production growth rate of household air conditioners saw a remarkable rise over the past year.
According to the data presented in the report, from January to November 2017, the output of household air conditioners reached 175 million units, marking a 19.9% increase compared to the same period in 2016. This significant growth highlights the strong performance of the air conditioning sector during that time.
While the 19.9% growth is impressive, it's worth noting that this figure represents nearly 20% of the total appliance output. Compared to other categories such as refrigerators (12.6%) and washing machines (3.1%), the air conditioner segment stands out with its higher growth rate. Even more notably, it far exceeds the 0.8% growth seen in color TV production in 2017, making air conditioners one of the most dynamic sectors in the home appliance industry.
Industry analysts have identified three key factors contributing to this upward trend. First, the inventory reduction in 2016 created room for market replenishment in 2017. Second, the unusually high temperatures throughout much of the year acted as a major driver for air conditioner demand. Third, the ongoing development of markets in third- and fourth-tier cities has provided a strong foundation for increased production and sales.
Overall, the air conditioning market showed strong momentum in 2017, with positive signs for future growth. However, the sharp rise in production also raises concerns about potential stock buildup. Manufacturers must now focus on maintaining a balance between production and sales to avoid oversupply and ensure sustainable growth in the long term.
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