BEIJING, March 4 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, predicts air-conditioner prices will soar in 2010.
Frbiz predicts that 2010 air conditioner price will rebound sharply, rising by 10%. Frbiz predicts that China's air conditioner market in 2010 will have three major characteristics: market demand will continue to grow, rising more than 10%; air conditioner prices will rebound sharply from their low points in 2009, and the proportion of energy-efficient products will rapidly shrink, while the proportion of inverter air conditioners will grow rapidly.
Energy-efficient energy-saving air-conditioner will become mainstream in the market.
Energy saving has become the most pressing concern among consumers, with up to 86% of consumers stating it among the top factors in their decision-making processes. As the energy-efficient air-conditioners enjoy state subsidies, energy-inefficient air-conditioners are gradually being squeezed out of the market, and Frbiz predicts that the market share of energy-efficient air-conditioners will rise from 16% to 29%, becoming mainstream.
China's 2010 air conditioner market is big, as the time has come for many consumers to replace their existing appliances after eight to ten years of use. Partially due to the two government policies, promoting the purchase of energy-efficient products and the replacement of the old household appliances for new ones, Frbiz expects that in 2010 the Chinese air conditioner product demand will be close to 30 million units.
In the past five years, purchase of air conditioning units has shown a rising trend, growing by 13%. However, in 2009 air-conditioner prices have callback, showing the slow downward trend.
Inverter air conditioner sales grew significantly year-on-year, at a growth rate far higher than the industry average. Due to multiple factors, inverter air conditioners officially entered the era of parity. In 2009, the market share of inverter air conditioners rose from 16.7% to 29%, showing high growth momentum. If 2009 is a transitional period for the inverter air conditioner, then the 2010 will be the year of the inverter air conditioner.
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