The increased global warming has led to tremendous hot weather across the globe, but the rapidly evolving advanced technology has solutions to every problem. Ranging from artificial rain to products for heat and cold wave generation to stabilize the surrounding environment, modern technology has moved so far in evolving. The air conditioner is a type of equipment that absorbs the heat waves outside and transforms liquid into gas to turn the surroundings into a favorable environment. It uses an evaporator, a cold indoor coil and a compressor for cold wave generation to cool your home.
Some of the top demanded variations of air conditioners include Central Air Conditioner, Ductless Mini Split, and Window air conditioners. As the industries are more focused on production due to the increased global demands, the total production rate of air conditioners in 2023 has attained a value of 175 million units with a growth rate of 8.4%. Due to the steady increase of air conditioner demands in both the residential and commercial sectors, the consumption rate has increased by 5% worth 165 million units in 2023 says the Air Conditioner Customs Shipment Data.
As air conditioners have become an essential need for mankind across the globe for stabilizing the humid surroundings with the body temperature the demands for it have increased by a massive extent. The Global Air Conditioner Trade Data showcases various factors to its increasing demand growth like a hike in consumer consumption; the top 10 importers of air conditioners across the globe are discussed below,
• United States – Total Import rate of air conditioners in 2023 – 12.5 billion US dollars, Total trade share – 20%
• China – Total Import rate of air conditioners in 2023 – 9.8 billion US dollars, Total trade share – 11%
• Japan – Total Import rate of air conditioners in 2023 – 4.6 billion US dollars, Total trade share – 9%
• Germany – Total Import rate of air conditioners in 2023 – 3 billion US dollars, Total trade share – 7%
• France – Total Import rate of air conditioners in 2023 – 2.6 billion US dollars, Total trade share – 6%
• Canada – Total Import rate of air conditioners in 2023 – 2.5 billion US dollars, Total trade share – 5%
• United Kingdom – Total Import rate of air conditioner in 2023 – 2.4 billion US dollars, Total trade share – 4%
• Mexico – Total Import rate of air conditioners in 2023 – 2.1 billion US dollars, Total trade share – 3%
• Italy – Total Import rate of air conditioner in 2023 – 2 billion US dollars, Total trade share – 2%
• South Korea – Total Import rate of air conditioners in 2023 – 1.8 billion US dollars, Total trade share – 1%
Different countries have been investing in producing air conditioners for import and export trade across the globe due to increased global demands. As per the Global Air Conditioner Export Import Data, the top 10 export destinations of the nation with its trade values of 2023 are discussed below,
• China – Total export rate of air conditioners in 2023 – 28 billion US dollars; Total Trade Share – 35%
• United States – Total export rate of air conditioner in 2023 – 11 billion US dollars; Total Trade Share – 11%
• Japan – Total export rate of air conditioners in 2023 – 9 billion US dollars; Total Trade Share – 9%
• South Korea – Total export rate of air conditioners in 2023 – 7 billion US dollars; Total Trade Share – 8.5%
• Germany – Total export rate of air conditioners in 2023 –6.9 billion US dollars; Total Trade Share – 7%
• Taiwan – Total export rate of air conditioners in 2023 – 5.2 billion US dollars; Total Trade Share – 6%
• Italy – Total export rate of air conditioner in 2023 – 5 billion US dollars; Total Trade Share – 5%
• Thailand – Total export rate of air conditioners in 2023 – 4 billion US dollars; Total Trade Share – 4%
• Malaysia – Total export rate of air conditioners in 2023 – 3 billion US dollars; Total Trade Share – 3%
• India – Total export rate of air conditioner in 2023 – 2 billion US dollars; Total Trade Share – 2%
Some of the top globally popular electric appliance manufacturing companies have been involved in the trade of Air Conditioners globally. The Air Conditioner Customs Data enlists the below-mentioned companies as the top manufacturers of AC’s across the globe.
• Daikin Industries Ltd – Production rate – 7 million units per year, Based in - Japan
• Gree Electric Appliances Inc – Production rate – 6 million units per year, Based in - China
• Mitsubishi Electric Corporation – Production rate – 4 million units per year, Based in - Japan
• LG Electronics Inc – Production rate – 3 million units per year, Based in – South Korea
• Carrier Global Corporation – Production rate – 2 million units per year, Based in - America
• Bosch Thermotechnik GmbH – Production rate – 2 million units per year, Based in - Germany
• Panasonic Corporation – Production rate – 1.5 million units per year, Based in - Japan
• Haier Group Corporation – Production rate – 1 million units per year, Based in – China
• Lennox International Inc – Production rate – 900,000 million units per year, Based in – United States
• Toshiba Carrier – Production rate – 700,000 million units per year, Based in – Tokyo
Que. What is the total global production rate of air conditioners in 2023?
Ans. The global production rate of air conditioners has reached a value of 175 million units with a growth rate of 8.4% in 2023.
Que. Name the top global air-producing company of 2023.
Ans. Daikin Industries Ltd with a production rate of 7 million units per year has recorded its name among the top global air-producing companies.
Que. How Import Globals, Global Air Conditioner Trade Data can help
Ans. The Global Air Conditioner Trade Data of Import Globals gives a detailed analysis of its import and export trade.