空调降价、股价破发,谁是奥克斯最大受益者?

阿尔法工场研究院
Sep 10, 2025

导语:卖空调“全球第五”,市占率却差了好几倍。摘要:1、市场份额较低:按营收计算,奥克斯电气市占率仅约2.3%;且国内空调市场基本被格力、美的、海尔等巨头占据,奥克斯与行业头部企业对比,市场份额相差较大。2、专利壁垒:研发投入占比仅2%左右,远低于行业龙头;奥克斯屡被格力起诉专利侵权,未来专业壁垒需自我加强。3、海外市场:奥克斯在中低端市场仍有规模优势,墨西哥、巴西、中东市场增速亮眼,毛利率也...

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