Market Share of HVAC Services Industry
The HVAC services market is favorably competitive and consists of several prominent players. The market performers are focusing on expanding their consumer base across foreign countries. These enterprises leverage strategic collaborative initiatives to boost their market share and profitability. The companies performing in the market are also acquiring start-ups working on HVAC services technologies to strengthen their production capacities.
- January 2022: Daikin Applied introduced SiteLineBuilding Controls, a scalable, cloud-based technology that connects, manages, and monitors individual HVAC equipment and integrated building systems. With the SiteLineBuilding Controls, commercial building owners and operators have the tools and insights to optimize performance, improve indoor air quality, and trim energy use and carbon emissions.
- January 2022: Emerson announced the launch of the next generation of Copeland ZPK7 single (fixed) speed scroll compressors for residential and light commercial HVAC applications, including heat pumps, split air conditioning, packaged systems, rooftops, and geothermal systems.
HVAC Market Leaders
Siemens AG
Honeywell International Inc.
LG Electronics, Inc.
Electrolux AB
Johnson Controls International PLC
*Disclaimer: Major Players sorted in no particular order
