HVAC Equipment Manufacturing

HVAC Equipment Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry manufacture residential and commercial heating, ventilation, air-conditioning (HVAC), and air-purification equipment, as well as commercial refrigeration equipment. Major US-based companies include Lennox, Nortek, and the climate control division of Johnson Controls; other leading companies include Bosch Thermotechnik (Germany), Daikin Industries and Yazaki (both based in Japan), Danfoss (Denmark), Gree (China), and Trane Technologies (Ireland).

COMPETITIVE LANDSCAPE

The ability to develop smart building applications that tie HVAC equipment with other building systems to increase energy efficiency will be a leading competitive differentiator. Companies must also focus on implementing a global strategy as HVAC demand growth shifts from established markets to emerging ones.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products categories include equipment for air-conditioning and warm air heating, refrigeration, fans, blowers and air purification, and heating. Unitary air conditioners account for about 20% of industry revenue, followed by heat transfer equipment at about 15%. Warm air furnaces, compressors and compressor unit, parts of air conditions, and other heating system products, account for 5% each.