Market Share of China HVAC Field Device Industry
The China HVAC Field Device Market is favorably competitive and has several prominent players. The market leaders are focusing on expanding their consumer base across the country. These companies 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 service technologies to strengthen their production capacities.
In September 2023, Johnson Controls-Hitachi Air Conditioning introduced the Hitachi air365 Hybrid dual fuel system, which features an electric Hitachi Mini VRF heat pump as the primary heating and cooling source and has an innovative dual fuel module that helps reduce carbon emissions.
In July 2022, Conex Bänninger, a manufacturer of fittings and valves for plumbing, air conditioning, heating, and refrigeration, announced the addition of a new type of valve to its vast portfolio of products. The latest addition seeks to improve energy efficiency to deliver a more sustainable and cost-effective solution. Pressure Independent Control Valves (PICVs) use dynamic balancing to handle pressure fluctuations in a building's hydronic heating or cooling system.
China HVAC Field Device Market Leaders
Siemens AG
Honeywell International Inc.
Johnson Controls International PLC
Rotork Plc
Dwyer Instruments Inc
*Disclaimer: Major Players sorted in no particular order
