Companies have been ranked in ascending order of their revenues, and the world's largest HVAC companies are multi-billion dollar companies that grow exponentially every year. According to Statista, the global HVAC market is forecast to reach about 367.5 billion U. S. dollars in 2030.
The world's leading companies compete for business and use their enormous budgets to develop new innovative products, services and technologies every year. Electrolux is a Swedish multinational appliance and consumer electronics company headquartered in Stockholm. It is the tenth largest manufacturer of household appliances in the world, measured by annual global revenues. Ingersoll-Rand is a Fortune 500 company that manufactures air compressors, industrial tools and systems of air conditioning.
The company has more than 140,000 employees worldwide and operates in more than 100 countries. Ingersoll-Rand is headquartered in Enfield, Connecticut, with additional offices in Asia, Europe and Latin America. The company was founded in 1871 by Simon Ingersoll. Daikin Industries is a Japanese multinational company manufacturing air conditioning equipment.
It was founded in 1924 by Akira Yamada in Osaka, Japan, as a family business. Today, Daikin Industries is the largest manufacturer of air conditioners, air purifiers and heat pumps in Japan. The company has more than 100 years of experience in the manufacture, sale and maintenance of heating, ventilation and air conditioning systems. It operates in more than 70 countries around the world, with offices in Germany, China, Thailand and many other countries.
The company has more than 135 years of experience helping buildings operate more efficiently and save money on energy costs. It also provides car seat systems, batteries, electronic devices and more. The company has more than 180 subsidiaries in North America, Europe and Asia. Midea Group is one of the largest manufacturers of household appliances in the world, with more than 50 million units sold each year.
Mitsubishi Electric Corporation was founded in 1870 as the first electrical company in Japan, which specialized in telecommunications equipment and, later, moved to energy, transportation and household systems. In-Hwoi Koo and his wife Ruth Koo founded Electronics in 1947 under the name Lucky Chemical Industrial Co. The company began as an exporter of chemicals used in paints and explosives before venturing into the manufacture of televisions, smartphones, refrigerators and washing machines. Willis Carrier is considered the father of HVAC.
In 1902, Willis Carrier presented his design for the first modern air conditioning system, achieving a feat that was previously thought impossible: controlling the indoor environment. Tulsa-based AAON Heating and Cooling Products is a company that supplies a range of equipment to its many commercial customers, including heating, cooling, dehumidification, air movement and energy recovery elements. In addition to its popular product line, AAON also organizes the AAON Technical Academy, a series of courses to train technicians on the products of AARON. This specialized curriculum is designed to ensure that all AAON business units are properly installed and maintained.
Allied Commercial is known for designing and manufacturing some of the toughest commercial HVAC solutions on the market today. Today, the Allied line includes a wide range of packaged roof units, split systems, unit heaters and industrial furnaces. The company also works with an extensive network of more than 900 independent wholesale distributors in North America to provide convenient installation and maintenance support. The Bosch Group has been in operation for more than 100 years, and in North America Bosch Thermotechnology is the industry leader in high-quality water heaters and air conditioning solutions.
They offer sustainable commercial air conditioning systems with a product list that includes tankless water heaters, heat pump water heaters, wall-mounted boilers, Buderus boilers and FHP geothermal systems. With its roots in modern air conditioning since 1915, Carrier has been a world leader in energy efficient heating, air conditioning and cooling systems. The company operates within the climate controls and security unit of United Technologies Corp and offers a wide range of products and parts for commercial air conditioning heating and building controls. In operation for nearly 100 years Rheem is the largest manufacturer of water heating products in North America and also has a full line of commercial high-efficiency HVAC products.
Options include package air conditioners heat pumps split air conditioners and air controllers They also offer a series of specification tools on their website specific to particular industries Daikin currently leads the list of the world's leading HVAC companies It is dedicated to the manufacture of air conditioning equipmentand its own divisions cover both refrigeration and air conditioning Daikin's more than 100 production facilities around the world serve more than 150 countries An industry leader founded in 1859 Ingersoll Rand today offers a wide range of industrial products technologiesand related parts and services There are more than 30 factories in America Europe the Middle East and Asia Pacific as well as 35 offices around the world Ingersoll-Rand HVAC products and solutions are designed for residentialand commercial markets Ingersoll-Rand offers heating and cooling systems Johnson Controls International plc manufactures fire fighting equipment air conditioning systemsand security equipment for buildings The company's product offering includes air controllers grilles grilles coilsand mini-dividers The Air Conditioning Technologies division of LG Electronics is a leader in the commercial HVAC market LG HVAC products offer superior configuration control by connecting multiple indoor units to a single outdoor unit Foundedin 1934 United Technologies Corporation (UTC) is an American multinational corporation with a variety of business divisions such as HVAC Carrier a world leader in the manufactureand distribution of air conditioning systems for homes businesses retail stores transportationand food services belongs to the company However commercial HVAC applications are harsh environments meaning that HVAC equipment requires a highly durable nameplate capableof withstanding abrasion heat sunlight and other environmental conditions to remain legible throughoutthe life of the asset LUX is an innovator in thermostat and HVAC control solutions for residentialand light commercial applications.