TCL Air Conditioners Conquer Inverter & Split AC Markets, Rising to Top Spot in Market Share in the Philippines
According to data from TRS, TCL Air Conditioner is rising to the top spot in the Philippine AC market for several consecutive quarters in the three subcategories of inverter, split and large cooling capacity (over 2HP) ACs. Data shows that from January to May this year, TCL Air Conditioner ranked first in the Philippine market with a share of 21.2%. From January to May of this year, TCL Air Conditioners maintained a commanding overall market share of 21.2%. The brand's success is further underscored by its specific category performances in the first quarter of 2024: 22.4% market share in inverter ACs, 23.4% in split ACs, and an impressive 46.5% in large cooling capacity ACs (over 2HP). According to the overseas business head of TCL Air Conditioner, the strong performance in the Philippine market is an epitome of TCL’s remarkable breakthroughs in overseas AC markets. Under the guidance of the “Belt and Road” and other state policies, TCL Air Conditioner has delved into emerging market
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