Midea is one of over 10 brands within the home appliance business of Midea Group – a leading global high-technology company ranked #245 at 2022’s Global Fortune 500.
Midea Group’s business goes beyond home appliances and comprises business pillars like HVAC, robotics and automation, smart home and IoT, as well as smart logistics and components. All businesses of Midea Group are striving for one credo: #HumanizingTechnology.
166,000+
Employees
200+
Countries & Regions
$51.39 B
Revenue
278th
Fortune Global 500
Awards & Recognition
Each year, Midea wins 40+ design awards at different global design shows such as reddot, iF, and Good Design Award!
* Data Source: Euromonitor International (Shanghai) Limited; Consumer Appliances 24ed, retail volume sales in unit, 2020 to 2023 data.
** Data 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) in 2022 and 2023, respectively, based on research completed in Aug 2023 and Aug 2024. Inverter air conditioners refer to air conditioners installed with variable-speed drives.
*** Data source: Euromonitor International (Shanghai) Ltd., measured in terms of sales volume of R290 air conditioners (including OEM brands) in 2022 and 2023, based on research completed in Aug 2023 and Aug 2024, respectively. R290 air conditioners refer to air conditioner using propane refrigerants, including residential and commercial air conditioners.