In 2018, the smart air conditioning market size in China reached more than 62 billion yuan. By 2023, the market size was forecasted to grow to over 156 billion yuan. The increasing number of smart household appliances was part of a digitalization process within the Chinese electronics market. Building a smart home environment and offering the convenience that came along with it, was a core strategy of Chinese companies to create new value for their customers based on digital technology.
Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023
(in billion yuan)
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LeadLeo. (August 27, 2020). Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023 (in billion yuan) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/
LeadLeo. "Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023 (in billion yuan)." Chart. August 27, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/
LeadLeo. (2020). Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023 (in billion yuan). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/
LeadLeo. "Market Size of The Smart Air Conditioning in China from 2014 to 2018 with a Forecast until 2023 (in Billion Yuan)." Statista, Statista Inc., 27 Aug 2020, https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/
LeadLeo, Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/ (last visited December 22, 2024)
Market size of the smart air conditioning in China from 2014 to 2018 with a forecast until 2023 (in billion yuan) [Graph], LeadLeo, August 27, 2020. [Online]. Available: https://www.statista.com/statistics/1180862/china-smart-air-conditioning-market-size/