Midea Group is one of the world’s largest manufacturers of consumer household appliances. It offers household and commercial air conditioning appliances, refrigeration, laundry, and large cooking appliances, kitchen appliances, water appliances, vacuum appliances, small domestic appliances, and lighting.
Midea is a publicly listed Fortune 500 company with more than 190,000 employees, $5.89B R&D Investment in 2022-2024 and the world’s leading manufacturer of home appliances. They are The
World's No.1:
- Smart Home Appliances Brand1
- Air Conditioner Company2
- Residential Inverter Air Conditioner Company for 3 Consecutive Years3
- Air Treatment Brand for 5 Consecutive Years4
- Microwave Producer5
- Small Cooking Appliances Brand For 8 Consecutive Years6
1 Source: Euromonitor International (Shanghai) Ltd., measured in terms of brands’ global sales volume of smart home appliances (OBM sales) in 2024, home appliances refer to electrical products used in home, including categories such as air conditioners, refrigerators, washing machines and robotic vacuum cleaners etc. Smart home appliances refer to home appliances that can be connected with built- in wireless communication devices to a smart phone or smart terminal to interact with users. Based on research completed in Feb 2025.
2 Source Euromonitor International (Shanghai) Ltd., Consumer Appliances 25ed, retail volume sales in unit, 2024 data.
3 Source: Euromonitor International (Shanghai) Ltd., measured in terms of the company’s production volume of its brands’ residential inverter air conditioners and in terms of the company’s total production volume of residential inverter air conditioners (including OEM brands), 2022- 2024 data, respectively, based on research completed in Aug 2025. Inverter air conditioners refer to air conditioners installed with variable-speed drives.
4 Source Euromonitor International (Shanghai) Ltd.; Consumer Appliances 25ed, retail volume sales in units, 2020 to 2024 data.
5 Source Euromonitor International (Shanghai) Ltd.; Consumer Appliances 25ed, retail volume sales in units, 2024 data.
6 Source Euromonitor International (Shanghai) Ltd.; Consumer Appliances 25ed, retail volume sales in unit, 2017-2024 data.
