Walton Reigns Over Bangladesh's AC Market with Innovation and Cost-Effective Solutions

Bangladesh: The air conditioner market in Bangladesh has experienced significant growth, with over 90% of units now produced domestically. This rise in demand is driven by factors such as increasing temperatures, urbanisation, and a growing middle class. The expansion of local manufacturing has contributed to making AC units more affordable. For instance, the price range for Walton's inverter ACs varies from Tk49,900 to Tk95,990 (USD 605 to USD 1,140). This increased affordability, coupled with the introduction of new technologies, has spurred further market growth, which is expected to continue with over 20% projected growth in the coming years. 

Walton has established itself as a leader in the domestic air conditioner market, offering energy-efficient and innovative products. Walton ACs features advanced technology such as a 6-star energy rating, awarded by the Bangladesh Standards and Testing Institution and Bangladesh University of Engineering and Technology, making them the most energy-efficient units in Asia. Additionally, Walton ACs includes features such as AI-powered diagnostic systems, corrosion-resistant technology, voice-activated controls, and Bluetooth control, setting them apart from competitors. Walton also provides extensive after-sales services, including warranties, free maintenance, and flexible payment options, ensuring long-term customer satisfaction. The company has called for continued government support to further develop the domestic AC manufacturing sector and promote economic growth. 

Source: The Business Standard