Canada HVAC Equipment Market Share

Market Share of Canada HVAC Equipment Industry

The Canadian heating, ventilation, and air conditioning equipment market is highly fragmented. Key players include Daikin Industries Ltd, LG Electronics Inc., Nortek Air Solutions LLC, Rheem Manufacturing Company Inc., and Trane Technologies PLC. Players in the market are adopting techniques such as collaborations and acquisitions to improve their product offerings and gain sustainable competitive advantage.

• December 2023: Daikin launched new expansion valve kits and a control box to easily connect Daikin DX (Direct Expansion) outdoor units with Air Handling Units. Operating with refrigerant R-32 and R410a, these kits offer an energy-efficient and low-carbon solution for heating, cooling, and fresh air control to ensure optimal comfort in any commercial space.
• July 2023: Greenheck introduced XG-TH-500 series air terminal units. Greenheck’s XG-TH-500 Series Air Terminal Units (ATU) are zone-level air distribution devices that regulate airflow for maximum occupant comfort in variable or constant volume applications. The single-duct XG-TH-500 features a Greenheck - XG-TH-500 Series galvanized steel casing mechanically sealed for low leakage construction, a round inlet damper, an inlet flow sensor, and a rectangular outlet.

Canada HVAC Equipment Market Leaders

1. Daikin Industries Ltd

2. LG Electronics

3. Noertek

4. Rheem Manufacturing

5. Trane Technologies PLC

*Disclaimer: Major Players sorted in no particular order