Industry Notes

Industry Notes / Midea and European air conditioning / Chapter 3 of 10 · Bar

H1’26 pulse: the numbers already landed

The industry accelerated; Midea’s slope was steeper

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Approx. YoY growth
Midea WE AC
70%
PortaSplit ship
100%
CN→EU AC $
43%
Install-free
70%

Midea Western Europe AC sales +70%+ YoY in H1; PortaSplit EU shipments roughly doubled; China→EU AC exports ~$3.76 bn (+43.2%), install-free mobiles ~+70%. Channels like Joybuy saw week-scale multi-ten× jumps; France even emergency-ordered medical/care units—demand is customs and channel data, not narrative.

Source：海关公开统计；美的/央视等公开出货与销售报道；产业在线同类口径

Research notes, not investment advice.