Midea Competitors and Similar CompaniesClear all

Midea's competitors and similar companies include Johnson Controls, Haier Smart Home and Panasonic.
Midea
Midea
Midea Group (美的集团股份有限公司) is a technology group that manufactures electrical appliances.
Johnson Controls
Johnson Controls
Johnson Controls International is a company that specializes in engineering, manufacturing, and commissioning building products and systems.
Haier Smart Home
Haier Smart Home
Haier Smart Home (海尔智家股份有限公司) is a company that specializes in the research, development, production, and sales of smart home appliances.
Panasonic
Panasonic
Panasonic (パナソニック株式会社) is a company that specializes in the development, manufacture, and sale of electronic appliances.
Founding Date
Founding Date
1968
Founding Date
1885
Founding Date
1984
Founding Date
1918
Type
Type
Public
Type
Public
Type
Public
Type
Subsidiary
Tags
Locations
Locations
Foshan, CN HQ
Buenos Aires, AR
Melbourne, AU
Douala, CM
Markham, CA
Markham, CA
San Joaquín, CL
see more
Locations
Cork, IE HQ
Buenos Aires, AR
Buderim, AU
Cairns, AU
Coffs Harbour, AU
Garbutt, AU
Melrose Park, AU
see more
Locations
Qingdao, CN HQ
Auckland, NZ
Singapore, SG
Louisville, US
Locations
Tokyo, JP HQ
Fukuroi, JP
Hikone, JP
Kadoma, JP
Kashiwara, JP
Kasugai, JP
see more
Employees
Employees
198,432
Employees
87,000
Employees
122,733
Employees
90,000
Valuation ($)
Valuation ($)
77.6 b
Valuation ($)
47.7 b
Valuation ($)
36.9 b
Valuation ($)
N/A

Financial

Revenue (est.)
Revenue (est.)
¥420.5b (FY, 2025)
Revenue (est.)
$23.6b (FY, 2025)
Revenue (est.)
¥299.3b (FY, 2025)
Revenue (est.)
¥3.6t (FY, 2025)
Cost of goods
Cost of goods
¥336b (FY, 2025)
Cost of goods
$15b (FY, 2025)
Cost of goods
¥221.7b (FY, 2025)
Cost of goods
N/A
Gross profit
Gross profit
¥120.3b (FY, 2025)
Gross profit
$8.6b (FY, 2025)
Gross profit
¥79.3b (FY, 2025)
Gross profit
N/A
Net income
Net income
¥44.5b (FY, 2025)
Net income
$3.5b (FY, 2025)
Net income
¥20.2b (FY, 2025)
Net income
N/A
For sources of this data, please see the company profile

View Company Profiles

Johnson Controls
HQ
Cork, IE
Employees
87,000

Johnson Controls International is a company that specializes in engineering, manufacturing, and commissioning building products and systems.

View company
Haier Smart Home
HQ
Qingdao, CN
Employees
122,733

Haier Smart Home (海尔智家股份有限公司) is a company that specializes in the research, development, production, and sales of smart home appliances.

View company
Panasonic
HQ
Tokyo, JP

Panasonic (パナソニック株式会社) is a company that specializes in the development, manufacture, and sale of electronic appliances.

View company