Market Share of US HVAC Field Device Industry
The United States HVAC field device market is moderately consolidated owing to the presence of large vendors like Siemens AG, Honeywell International Inc., etc. The key players are involved in various strategies, such as acquisitions and partnerships, to improve their market share and enhance their profitability in the market studied.
In December 2022, Continental announced solutions for user experience, automated driving, and software-defined driving to make driving safer, cleaner, and more comfortable using high-performance computers, vehicle sensors, and electronic control units. Furthermore, they provided intelligent power distribution and ensured the reliable execution of real-time vehicle functions such as audio, external sound, parking, HVAC, or suspension.
In July 2022, Archer Aviation Inc. signed a contract with Honeywell to deliver flight control actuation and thermal management technology. Honeywell's actuation technology was a key enabler of Archer's 12 tilt 6 layout, and Honeywell's thermal management technology would assist Archer in providing its passengers with an enhanced experience. Archer's production aircraft would fly in congested metropolitan areas, necessitating vital precision from the aircraft's flying controls and actuators. The actuators from Honeywell could take hundreds of microchanges and commands per second from fly-by-wire computers, allowing for precision navigation.
In July 2022, Sauter expanded its product line with the introduction of a new generation of IoT-capable actuators. The smart actuator allowed for autonomous or semi-autonomous heating, ventilation, and air conditioning control. Other advantages included easy installation and commissioning, cloud connectivity with an application library and remote access, and a smartphone app. Energy distribution relies heavily on valves and actuators. They are used in heating, ventilation, and room automation systems.
US HVAC Field Device Market Leaders
Siemens AG
Honeywell International Inc.
Robert Bosch GmbH
Johnson Controls International PLC
Schneider Electric
*Disclaimer: Major Players sorted in no particular order
