Air Conditioning Systems Market: Competition to Stiffen as Local Manufacturers in China Aggressively Price Products
The global air conditioning systems market is led by key players such as Daikin Industries Ltd., Gree Electric Appliances, Inc. and Carrier Corporation. Among the other promising players are LG Electronics, Hitachi Ltd., and Haier Electronics Group Co., Ltd. Although these players have a strong market position, their growth is relatively lower than the market leaders. Leading players are currently focusing on integrating products to create a new customer base. As a part of this strategy, companies are engaging in...
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