1. In terms of brand awareness: Gree has always been the highest-selling brand in the air-conditioning field, while Midea is a brand that exists in many fields. In terms of concentration, Gree is higher.
2. Price: Midea's air conditioner sales growth mainly benefits from the price advantage. Under the same configuration, Midea air conditioner is cheaper and more cost-effective than Gree.
3. Comparison of air conditioning technologies: Gree and Midea are both first-line brands, and both have independently developed compressor technologies. Midea adopts gmcc compressor, which has done a good job in compressor technology. Gree, on the other hand, is an independent research and development technology, adopting Lingpai compressor and mastering the core technology.
4. After-sales comparison: Gree Air Conditioning promises 10 year after-sales warranty, and repair rate is relatively low, so Gree has more advantages in overall after-sales.