Market Share of North America Air Conditioning Equipment Industry
The North Amrica Air Conditioning Equipment Market is moderately fragmented due to many valve market players. Factors such as industrial automation, increased commercial and residential constructions in the region is driving the Vendors to expand the production capacity, exercise merger and acquistion and invest in research and development for newer innovations in the Market.
- In June 2022 - Carrier launched single-stage split system air conditioners (Compliant with upcoming 2023 Department of Energy's test procedures and efficiency requirements). The product has earned SEER2 rating of up to 16.5 (17 SEER), and EER2 up to 13.5 (14.5 EER). Additionally, the products have reduced SKUs for the southern regions of America.
- In February 2022 - LG launched range of AI Dual Inverter air conditioners. Powered by AI. The products are desinged with multiple in-built sensors and dual rotary compressors technology. Additionaly the products are equipped with anti-virus protection filter which is coated with Cationic Silve that is capable of 99% visrus and bacteria.
North America Air Conditioning Equipment Market Leaders
Lennox International Inc.
Nortek Air Management
Johnson Controls International PLC
Rheem Manufacturing Company
Carrier Corporation
*Disclaimer: Major Players sorted in no particular order
