North America HVAC Equipment Industry Overview
The competitive rivalry in the North American HVAC equipment market is high, as the market studied is home to prominent vendors like Daikin, Carrier, and Lennox that command a major market share in different segments and have access to well-established distribution networks. Owing to the HVAC equipment industry being one of the largest markets, the existence of such a high number of major vendors without compromising on their market shares is sustainable. However, each vendor, especially in the heating and cooling segments, is fiercely competing to gain a larger share of the market studied.
- February 2023 - Lennox enhanced its comprehensive selection of With the introduction of the Enlight and Xion product lines, packaged rooftop units have been introduced. The company's Enlight product family aims to minimize environmental impact and maximize efficiency.
- October 2022 - Carrier Corporation declared that it had increased In North America, the AquaEdge 19DV watercooled Centrifugal chiller offers a range of capacities. The AquaEdge19DV is capable of supplying the customer with up to 1150 tonnes in order to meet their demand for larger capacities, as regards Commercial Highrise and mixed Use Building Applications, Large Manufacturing Establishments or Health Institutions.
North America HVAC Equipment Market Leaders
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Johnson Controls International PLC
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Daikin Industries Ltd
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Lennox International Inc.
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Electrolux AB
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Emerson Electric Co.
- *Disclaimer: Major Players sorted in no particular order
