United States HVAC Equipment Market Share

Statistics for the 2023 & 2024 United States HVAC Equipment market share, created by Mordor Intelligence™ Industry Reports. United States HVAC Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of United States HVAC Equipment Industry

United States HVAC Equipment Market is moderately fragmented with the presence of several vendors providing the services in the United States. The vendors in the market are viewing strategic partnerships and acquisitions as a lucrative path toward expansion, both globally and in market presence. Also, the companies in the United States are taking significant steps and making significant investments to expand to various parts of the globe.

  • October 2021- Trane Residential, a global leader in home comfort systems and services, has introduced Trane Home, a smart home integration platform with advanced diagnostic features for heating, ventilation, and air conditioning (HVAC) systems.
  • August 2021- Trane and Nexii Building Solutions Inc. collaborated to create sustainable commercial buildings with significantly reduced carbon footprints. The collaboration combines Nexii's expertise in high-performance, efficient building construction with Trane's digitally enabled EcoWise high-efficiency climate comfort systems to reduce energy usage and carbon emissions.

US HVAC Equipment Market Leaders

  1. Daikin Industries Ltd

  2. Lennox International Inc.

  3. Rheem Manufacturing Company

  4. Trane

  5. Mitsubishi Electric Trane HVAC US

*Disclaimer: Major Players sorted in no particular order

US HVAC Equipment Market Concentration

US HVAC Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)