Air Conditioning System Compressor Sales

Air Conditioning System Compressor Sales Market Outlook

The global air conditioning system compressor market is projected to reach approximately USD 20 billion by 2035, with a compound annual growth rate (CAGR) of around 5.2% during the forecast period from 2025 to 2035. The increasing demand for energy-efficient cooling systems, coupled with the rising global temperatures due to climate change, is driving the market's growth. Additionally, urbanization and the expansion of residential and commercial infrastructure are contributing significantly to the demand for advanced air conditioning systems. The growing awareness regarding environmentally friendly refrigerants is further pushing manufacturers to innovate and enhance their product offerings, leading to increased sales of compressors worldwide. Furthermore, government initiatives promoting energy conservation and the adoption of smart HVAC systems are anticipated to fuel the market growth in the coming years.

Growth Factor of the Market

One of the primary growth factors for the air conditioning system compressor market is the escalating demand for residential and commercial air conditioning systems. As global temperatures rise, consumers are increasingly seeking effective cooling solutions, which in turn drives the compressor market. Moreover, advancements in compressor technology, such as the development of variable-speed compressors, have significantly improved energy efficiency, making them more appealing to both consumers and businesses. Additionally, the ongoing trend towards smart homes and the integration of IoT technologies in HVAC systems are encouraging manufacturers to innovate, thus providing further impetus for market growth. Notably, the push for sustainable and eco-friendly refrigerants is reshaping the market dynamics, prompting manufacturers to transition toward more environmentally friendly options. The rising disposable income in developing regions is also contributing positively to this market as consumers are willing to invest in high-quality and efficient air conditioning systems.

Key Highlights of the Market

• The air conditioning system compressor market is expected to reach USD 20 billion by 2035.
• North America dominated the market share in 2023, accounting for 30% of total sales.
• Residential application is projected to experience the highest CAGR due to increasing urbanization.
• Scroll compressors are gaining popularity due to their high efficiency and low noise levels.
• The shift toward environmentally friendly refrigerants like R-32 is shaping future market trends.

By Product Type

Reciprocating Compressors:

Reciprocating compressors are among the most widely used types in air conditioning systems due to their reliability and effectiveness. They operate on the principle of changing the volume of the gas to compress it, resulting in a high-pressure output. These compressors are ideal for small to medium-sized applications, making them a popular choice in residential units. Moreover, the simplicity of design allows for easier maintenance and repair, which is a significant advantage for users looking to minimize operational costs. As energy efficiency becomes a crucial consideration, advancements in reciprocating compressor technology are leading to improved performance metrics, which enhance their attractiveness to consumers. With ongoing innovations to reduce noise levels and enhance energy consumption, the demand for reciprocating compressors is expected to remain robust in the coming years.

Rotary Compressors:

Rotary compressors are known for their compact design and quiet operation, which make them ideal for both residential and commercial applications. This type of compressor utilizes rotating elements to compress the refrigerant, resulting in a smooth and continuous flow of air. The efficiency of rotary compressors in handling refrigerants makes them highly sought after in energy-efficient cooling systems. Their ability to maintain consistent performance under varying load conditions is a significant advantage, especially in applications where ambient conditions fluctuate. Furthermore, as manufacturers continue to innovate and produce more efficient models, the market for rotary compressors is anticipated to grow. The increasing emphasis on space-saving designs in modern HVAC systems also supports the rising adoption of rotary compressors.

Scroll Compressors:

Scroll compressors are increasingly favored for their high efficiency and lower operational noise levels. They utilize a unique mechanism of two spiral-shaped scrolls to compress the refrigerant gas, which not only increases efficiency but also minimizes vibration. This characteristic makes them particularly suitable for residential air conditioning systems. The compact design allows for easy integration into various HVAC configurations, further driving their adoption in the market. Additionally, scroll compressors are less prone to wear and tear, leading to lower maintenance costs over their operational lifespan. As energy efficiency regulations tighten globally, scroll compressors are expected to gain a more significant market share in the coming years, owing to their ability to provide reliable and efficient cooling solutions.

Screw Compressors:

Screw compressors are primarily utilized in industrial applications due to their ability to handle large volumes of refrigerant and provide consistent cooling. They operate using two interlocking screws that compress the refrigerant gas, leading to a highly efficient compression process. This type of compressor is known for its durability and reliability, making it an excellent choice for environments that require continuous operation. The scalability of screw compressors allows them to be used in various applications, from small industrial units to large-scale HVAC systems. As industries focus on improving energy efficiency and reducing operational costs, the demand for screw compressors is expected to rise. Furthermore, ongoing technological advancements are likely to enhance their performance, supporting their growth in the compressor market.

Centrifugal Compressors:

Centrifugal compressors are characterized by their high efficiency and ability to compress large volumes of refrigerant, making them ideal for commercial and industrial applications. They work by converting kinetic energy from a rotating impeller into pressure energy, allowing for rapid and effective refrigerant compression. One of the key advantages of centrifugal compressors is their ability to operate effectively at varying speeds, which contributes to energy savings. As the demand for large-scale cooling solutions continues to grow in commercial buildings and industrial plants, the importance of centrifugal compressors in the HVAC market will only increase. Additionally, as manufacturers focus on developing more compact and efficient designs, the centrifugal compressor market is expected to witness substantial growth in the coming years.

By Application

Residential:

The residential application segment represents a significant portion of the air conditioning system compressor market, primarily driven by increased consumer demand for home comfort solutions. As temperatures rise globally, homeowners are increasingly investing in air conditioning systems to ensure a comfortable living environment. The trend toward energy-efficient systems has led to a growing preference for advanced compressors that provide better cooling performance while minimizing energy consumption. As awareness of climate change grows, consumers are also more inclined to choose compressors that utilize eco-friendly refrigerants, further enhancing market growth. Moreover, the rise of smart home technology has prompted manufacturers to innovate their products, leading to the introduction of intelligent air conditioning systems that optimize energy use and enhance user convenience. This ongoing evolution in residential air conditioning solutions is expected to sustain robust demand for compressors in the coming years.

Commercial:

In the commercial segment, the demand for air conditioning system compressors is being driven by the rapid expansion of commercial spaces such as offices, retail centers, and hospitality establishments. The need for creating comfortable environments for employees and customers is a major factor influencing the growth of this market segment. Commercial buildings often require more extensive and efficient cooling solutions compared to residential spaces, which has led to an increased adoption of high-capacity compressors, including screw and centrifugal types. Additionally, the focus on energy efficiency within commercial buildings is prompting businesses to invest in modern HVAC systems equipped with advanced compressors that reduce operational costs. The advancement of regulations aimed at lowering carbon footprints is also encouraging commercial entities to upgrade their existing cooling systems, further driving the demand for efficient air conditioning compressors.

Industrial:

The industrial application segment of the air conditioning system compressor market is primarily influenced by the requirement for effective cooling solutions across diverse sectors, including manufacturing, pharmaceuticals, and food processing. In industrial settings, dependable cooling systems are essential for maintaining optimal production conditions, preserving product quality, and ensuring employee comfort. Consequently, the demand for robust compressors, such as screw and centrifugal compressors, is expected to remain strong as industries seek reliable cooling solutions. Additionally, the push for sustainable and energy-efficient technologies is encouraging industrial players to adopt innovative compressor systems that reduce energy consumption while enhancing performance. As industries continue to expand and evolve, the air conditioning system compressor market is well-positioned for growth within the industrial sector.

By Distribution Channel

OEMs:

The OEM (Original Equipment Manufacturer) distribution channel plays a crucial role in the air conditioning system compressor market, as many manufacturers prefer to integrate compressors into their HVAC systems before selling them to end-users. This channel ensures that customers receive complete and optimized cooling solutions that are tailored to their specific needs. OEMs often have established relationships with compressor manufacturers, allowing them to incorporate the latest technologies and innovations into their product lines. Furthermore, as energy efficiency becomes a critical consideration for HVAC systems, OEMs are increasingly focused on sourcing high-performance compressors that enhance the overall energy profile of their equipment. The growth of the OEM segment is expected to continue as advancements in compressor technology and energy regulations propel the market forward.

Aftermarket:

The aftermarket distribution channel has gained significant traction in the air conditioning system compressor market, driven by the increasing need for maintenance, repairs, and replacements of existing cooling systems. As HVAC equipment ages, the demand for replacement compressors rises, presenting substantial opportunities for aftermarket suppliers. Furthermore, with the growing trend of retrofitting older systems to meet modern energy standards, the aftermarket segment is witnessing increased activity as consumers seek to upgrade their compressors for improved efficiency. Additionally, the rise of e-commerce platforms has made it easier for consumers and businesses to access a broader range of compressor options, further boosting the aftermarket channel. With the increasing focus on energy efficiency and sustainability, the aftermarket segment is expected to play a vital role in maintaining and enhancing the performance of existing air conditioning systems.

By Refrigerant Type

R-410A:

R-410A is a popular refrigerant type used in modern air conditioning systems, primarily due to its high energy efficiency and environmentally friendly properties. This hydrofluorocarbon (HFC) refrigerant is known for its low ozone depletion potential, making it a preferred choice for manufacturers looking to comply with environmental regulations. The shift towards R-410A usage has significantly impacted the air conditioning system compressor market, as compressors designed for this refrigerant tend to offer better performance and cooling capacity. Additionally, the growing adoption of R-410A in residential and commercial applications is expected to sustain its market share as manufacturers continue to innovate and enhance compressor designs to maximize the efficiency of this refrigerant. As a result, the demand for compressors compatible with R-410A is projected to rise steadily in the coming years.

R-22:

The R-22 refrigerant has been widely used in air conditioning systems for decades, known for its effectiveness in cooling applications. However, due to its high ozone depletion potential, R-22 is gradually being phased out in many regions, leading to a decline in its market share. Despite this, there remains a significant number of existing systems that still utilize R-22, creating a demand for replacement compressors and refrigerants in the aftermarket segment. This has encouraged manufacturers to develop compressors that are compatible with R-22 for retrofitting purposes. While the long-term outlook for R-22 is declining, the current need for servicing and maintaining existing systems ensures that the demand for R-22-compatible compressors will persist in the short term.

R-32:

R-32 is emerging as a key refrigerant type in the air conditioning system compressor market, gaining popularity due to its lower global warming potential compared to traditional refrigerants like R-410A and R-22. This environmentally friendly refrigerant has prompted manufacturers to design compressors that optimize the performance of R-32 while ensuring compliance with evolving regulations regarding greenhouse gas emissions. The advantages of R-32, such as higher energy efficiency and lower charge volumes, make it an attractive option for both residential and commercial applications. As environmental concerns continue to drive innovation in the HVAC industry, the adoption of R-32 and its compatible compressors is expected to grow substantially, shaping future trends within the market.

R-134A:

R-134A has been widely used in various applications, including automotive air conditioning and some residential systems. Although it has a lower ozone depletion potential, R-134A is being phased out in favor of more environmentally friendly alternatives, leading to a decline in its market presence in the air conditioning sector. Nevertheless, the existing infrastructure supporting R-134A systems continues to create a demand for compatible compressors, particularly in the aftermarket segment. As manufacturers transition towards alternatives with lower global warming potential, the focus on R-134A-compatible compressors is expected to diminish over time. However, the current demand for maintenance and replacement of R-134A systems will sustain a limited market for these compressors in the near future.

R-290:

R-290, also known as propane, is rapidly gaining traction in the air conditioning system compressor market due to its excellent thermodynamic properties and low environmental impact. As a natural refrigerant, R-290 has a negligible ozone depletion potential and a very low global warming potential, making it an attractive choice for sustainability-conscious manufacturers and consumers. The adoption of R-290 is particularly prevalent in commercial refrigeration and air conditioning applications, where its efficiency can be maximized. Manufacturers are increasingly developing compressors specifically designed to optimize the performance of R-290, which has led to a growing segment within the compressor market. As the demand for eco-friendly refrigerants continues to rise, the market for R-290-compatible compressors is expected to witness significant growth in the coming years.

By Region

The North American region holds a significant share of the air conditioning system compressor market, accounting for approximately 30% of global sales in 2023. This dominance can be attributed to the well-established HVAC infrastructure and the high adoption rate of air conditioning systems among residential and commercial consumers. The region's growing emphasis on energy efficiency and stringent regulations aimed at reducing carbon emissions are driving demand for advanced compressor technologies. The North American market is projected to grow at a CAGR of around 4.5% from 2025 to 2035, as manufacturers continue to innovate and comply with environmental standards.

In Europe, the air conditioning system compressor market is also experiencing steady growth, fueled by the increasing focus on energy-efficient cooling solutions and the transition towards eco-friendly refrigerants. European countries are adopting stringent regulations against ozone-depleting substances, leading to heightened demand for compressors that utilize sustainable refrigerants. As a result, the European market is expected to witness a CAGR of approximately 5.0% during the forecast period from 2025 to 2035. Meanwhile, the Asia Pacific region is rapidly expanding, driven by urbanization and rising disposable incomes, which are propelling the demand for air conditioning systems across residential and commercial sectors. This region is anticipated to see the highest growth rate, further transforming the global market landscape.

Opportunities

One of the most promising opportunities in the air conditioning system compressor market lies in the increasing demand for energy-efficient solutions. As global temperatures continue to rise, consumers and businesses are more inclined to invest in advanced air conditioning systems that offer superior energy savings and cooling performance. This trend has opened doors for manufacturers to innovate and develop compressors that utilize cutting-edge technologies, such as variable speed drives and smart controls. The integration of IoT technologies in HVAC systems also presents a significant opportunity, enabling real-time monitoring and optimization of compressor performance. As energy efficiency regulations tighten across various regions, the market for energy-efficient compressors is expected to grow substantially, providing ample opportunities for manufacturers to capture market share.

Another opportunity for growth within the air conditioning system compressor market is the increasing focus on environmentally friendly refrigerants. With rising awareness of climate change and the impact of refrigerants on the environment, there is a strong push for natural and low-GWP (Global Warming Potential) refrigerants. This transition is driving manufacturers to innovate and produce compressors specifically designed for these eco-friendly options. As governments around the world continue to implement policies aimed at reducing greenhouse gas emissions, the demand for compressors compatible with sustainable refrigerants is expected to surge. This shift presents a favorable landscape for manufacturers to invest in research and development, positioning themselves as leaders in the expanding market for environmentally-friendly air conditioning solutions.

Threats

One of the significant threats facing the air conditioning system compressor market is the increasing competition from alternative cooling solutions. As technologies evolve, consumers are becoming aware of various cooling options beyond traditional air conditioning systems, such as evaporative coolers and geothermal heat pumps. These alternatives often provide lower operational costs and reduced environmental impacts. This trend poses a threat to the market for traditional compressors, as consumers may opt for these innovative solutions. Additionally, the rise of DIY cooling solutions is changing consumer behavior, leading to concerns about the long-term demand for professionally installed air conditioning systems and their associated compressors.

Another critical restraining factor for the air conditioning system compressor market is the ongoing fluctuation in raw material prices. The production of compressors relies on various metals and components whose prices can be affected by global supply chain disruptions and market trends. Sudden increases in the cost of materials can lead to higher production costs for manufacturers, potentially resulting in increased prices for consumers. This scenario could hamper the growth of the market as price-sensitive consumers may seek cheaper alternatives or delay their purchase decisions. Moreover, stringent government regulations concerning refrigerants and emissions may necessitate additional investment in research and compliance, further impacting manufacturers' profit margins and market dynamics.

Competitor Outlook

• Daikin Industries, Ltd.
• Carrier Global Corporation
• Trane Technologies plc
• Johnson Controls International plc
• LG Electronics Inc.
• Mitsubishi Electric Corporation
• Hitachi, Ltd.
• Panasonic Corporation
• Emerson Electric Co.
• York International Corporation
• Samsung Electronics Co., Ltd.
• Friedrich Air Conditioning Co.
• GREE Electric Appliances Inc.
• Whirlpool Corporation
• Lenox International Inc.

The competitive landscape of the air conditioning system compressor market is characterized by the presence of several key players, each striving to enhance their product offerings and maintain a competitive edge. Leading manufacturers are investing heavily in research and development to introduce innovative compressor technologies that cater to the growing consumer demand for energy-efficient and environmentally friendly cooling solutions. Partnerships and collaborations among manufacturers and technology providers are also becoming increasingly common, allowing companies to leverage each other's strengths and accelerate product development. This strategic approach is essential for companies aiming to capture a significant market share amidst the rising competition and changing consumer preferences.

Daikin Industries, Ltd. stands as a prominent player in the air conditioning system compressor market, renowned for its commitment to energy efficiency and technological innovation. The company offers a wide range of compressors designed for various applications, catering to both residential and commercial sectors. Daikin's focus on sustainable practices and eco-friendly refrigerants aligns with global trends, positioning the company favorably for future growth. Similarly, Carrier Global Corporation is a leader in providing advanced air conditioning solutions, with a strong emphasis on energy-efficient technologies. The company continually invests in R&D, striving to meet evolving regulations and consumer demands while maintaining its reputation for reliability and performance.

Trane Technologies plc is another major competitor in this market, known for its innovative approach to HVAC solutions and a strong global presence. The company's focus on sustainability and reducing environmental impact has led to the development of cutting-edge compressor technologies that cater to a diverse range of applications. Similarly, Johnson Controls International plc is committed to delivering advanced cooling solutions while ensuring energy savings and environmental compliance. The company's extensive portfolio includes a variety of compressors suitable for different refrigerants, reflecting its adaptability to market trends. As the air conditioning system compressor market continues to evolve, these companies, along with several others, will play a vital role in shaping the industry's future.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Hitachi, Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 LG Electronics Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Emerson Electric Co.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Panasonic Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Whirlpool Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Trane Technologies plc
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Daikin Industries, Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Lenox International Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Carrier Global Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 GREE Electric Appliances Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Samsung Electronics Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Friedrich Air Conditioning Co.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 York International Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Mitsubishi Electric Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Johnson Controls International plc
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Air Conditioning System Compressor Sales Market, By Application
    • 6.1.1 Residential
    • 6.1.2 Commercial
    • 6.1.3 Industrial
  • 6.2 Air Conditioning System Compressor Sales Market, By Product Type
    • 6.2.1 Reciprocating Compressors
    • 6.2.2 Rotary Compressors
    • 6.2.3 Scroll Compressors
    • 6.2.4 Screw Compressors
    • 6.2.5 Centrifugal Compressors
  • 6.3 Air Conditioning System Compressor Sales Market, By Refrigerant Type
    • 6.3.1 R-410A
    • 6.3.2 R-22
    • 6.3.3 R-32
    • 6.3.4 R-134A
    • 6.3.5 R-290

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Air Conditioning System Compressor Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Air Conditioning System Compressor Sales market is categorized based on

By Product Type

• Reciprocating Compressors
• Rotary Compressors
• Scroll Compressors
• Screw Compressors
• Centrifugal Compressors

By Application

• Residential
• Commercial
• Industrial

By Refrigerant Type

• R-410A
• R-22
• R-32
• R-134A
• R-290

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Daikin Industries, Ltd.
• Carrier Global Corporation
• Trane Technologies plc
• Johnson Controls International plc
• LG Electronics Inc.
• Mitsubishi Electric Corporation
• Hitachi, Ltd.
• Panasonic Corporation
• Emerson Electric Co.
• York International Corporation
• Samsung Electronics Co., Ltd.
• Friedrich Air Conditioning Co.
• GREE Electric Appliances Inc.
• Whirlpool Corporation
• Lenox International Inc.