Global 6Wresearch Market Reports

China Air Conditioner Market Overview China Air Conditioner Market is anticipated to project substantial growth during the forecast period owing to the rising disposable income. The rise in per capita income has led to the increase in the standard of living, further beholds the growth of the market. Additionally, expansion of residential, commercial and industrial sector backed by rising migration is driving the need for temperature regulation further driving the growth of the market. According to 6Wresearch, China AC Market size is projected to grow at a CAGR of 7.6% during 2021-2027. China occupies 20th position in terms of the market size in the APAC Air Conditioner Market. Increasing adoption of air conditioner as necessity instead of luxury is propelling the growth of the market. Additionally, the market is also driven by the factors such as strengthening of hospitality and tourism sector. Establishment of hotels, restaurant and malls drives the increasing growth of Air Conditio...