North America Air Conditioning Equipment Market Size & Share Analysis - Growth, Trends, And Forecasts (2024 - 2029)

North America Air Conditioning Equipment Industry Overview

The North American air conditioning equipment market is fragmented due to many valve market players. Since the AC equipment industry is one of the largest markets, the existence of such a sheer number of major vendors without compromising their market shares is sustainable, and some of the players include Daikin Industries Ltd, Carrier Corporation, Rheem Manufacturing Company, Trane Inc. (Trane Technologies PLC), and Johnson Controls International PLC.

• March 2024: Carrier Corporation introduced an advanced, innovative line of high-performance chillers for data centers. These chillers are engineered to slash energy consumption and carbon footprints and lower operational expenses for data center operators. Ranging from 486.4 kW to 1,464 kW, these units leverage Carrier's trusted screw compressors, guaranteeing efficiency and longevity in operation.
• February 2024: Daikin Industries Ltd enhanced its air conditioners by focusing on critical elements. This includes shifting to HFC-32, an R32 refrigerant with low global warming potential, emphasizing its eco-friendliness and energy efficiency. Additionally, Daikin has bolstered the fundamental performance of its air conditioning units. In a significant move, Daikin is set to launch the VRV 7 multi-air conditioner series for buildings in November 2024. This series boasts the industry's top energy efficiency and is pivotal in lessening environmental footprints and operational burdens.