Market Share of Europe HVAC Industry
The Europe HVAC Equipment Market is semi-consolidated as it is home to prominent vendors with a prominent market share in different segments and access to well-established distribution networks. With the advent of smart solutions, it is expected to become another strategic competitive point in the market. The smart building technology incorporation across commercial and industrial sectors is expected to drive connected HAVC systems in Europe and increase the competitive rivalry among the vendors in the market.
- November 2023 - Phononic and Halton Unveiled the World’s first sustainable solid-state HVAC Platform at a Commercial Installation in Paris, France. An HVAC system could be seamlessly installed to heat and cool the building while significantly reducing emissions and future-proofing the building for net-zero targets. Thanks to all-electric TTAP, the retrofit process was simple, bypassing complex infrastructure or plumbing requirements.
- April 2023 -Daikin Started Construction of a New Heat Pump Factory in Poland. This new factory will start production of heat pumps in July 2024, and the total investment would be 300 million euros as already announced*1.
Europe HVAC Market Leaders
Daikin Industries, Ltd.
ROBERT Bosch GmbH
Mitsubishi Electric Europe B.V
Alfa Laval AB
Carrier Global Corporation
*Disclaimer: Major Players sorted in no particular order
