The dominance of the Korean chaebols over the Indian air conditioning market<\/strong> has ended with the Tata owned Voltas stealing the lead. The marketshare of Voltas<\/strong> has increased dramatically in 2012 according to a GFK Neilsen survey by 5 percentage points to 21%. Note air conditioning is a necessity in India, owing to the hot and humid weather conditions in India. Almost all the electronic and home appliance companies are now manufacturing and marketing ACs.<\/p>\n LG has been one of the biggest losers, as the company\u2019s marketing has become lackluster and it has started to focus on the premium segment. Note LG\u2019s fortunes in the mobile market has also been equally bad. Samsung too has seen its marketshare go down by almost half to 9% in 2012. The combined marketshare of the 2 Korean giants is now 25% down from 40% a year ago.<\/p>\n LG was the company who launched the world\u2019s first internet enabled washing machine, air conditioner, and microwave oven. LG Philips Displays, a joint venture with Philips was also established. The LG ACs come in a wide variety ranging from Window, split, floor standing to cassette, network solution & ducted ACs. In 2008, Samsung had launched its range of bio sleep air conditioners. It also introduced 10 new Split and 5 new Window AC models, with capacities of 0.8T and 1.6T in Split ACs and 1.6T in Window ACs.<\/p>\n Read more about the Air Conditioning Companies in India<\/a>.<\/p>\n