Train HVAC Market Share

Market Share of Train HVAC Industry

The train HVAC market is dominated by manufacturers such as Trane Technologies, Mitsubishi Electric, Merak SA, Honeywell International, and Siemens AG. Several players in the market announced collaborations and partnerships to develop new products. For instance

• In July 2021, Honeywell announced that it would partner with Trane Technologies to accelerate the transition to a next-generation, environmentally preferable refrigerant by field testing Honeywell's Solstice® N41 (R-466A), the industry's first non-flammable alternative to R-410A. Trane will deploy and test Solstice N41 at three customer locations in different parts of the United States as part of a one-year field trial.

Train HVAC Market Leaders

1. Merak (Knorr-Bremse)

2. Siemens

3. Mitsubishi Electric Corporation

4. Honeywell International Inc.

5. TRANE Technologies

*Disclaimer: Major Players sorted in no particular order