Asia-Pacific Heating Equipment Market Share

Market Share of Asia-Pacific Heating Equipment Industry

The Heating equipment market is quite competitive and consists of significant players. In terms of market share, a few prominent players currently dominate the market. Daikin Industries Ltd., Johnson Controls - Hitachi Air Conditioning Company, and Honeywell International, Inc. are some of the leading players operating in the Heating Equipment market.

• November 2021-Honeywell stated that Zhejiang DunAn Artificial Environment Co., Ltd (DunAn Environment) will support the HVAC industry's transition to Solstice N41 (R-466A) by producing a compatible product range of HVAC components. DunAn manufactures refrigeration valves, heat exchangers, and pressure vessels for residential and commercial air conditioners, heat pumps, and refrigeration and freezing systems.
• September 2021-Diehl Metering has opened a new Smart Heating Laboratory in Luoyang, China. The company aims to serve local clients more effectively, speed up innovation in smart heating, and organize operations in Central and West China through the lab.

APAC Heating Equipment Market Leaders

1. Daikin Industries Limited

2. Mitsubishi Electric Corporation

3. Panasonic Corporation

4. LG Electronics Inc.

5. Johnson Controls–Hitachi Air Conditioning

*Disclaimer: Major Players sorted in no particular order