Market Share of United Kingdom Commercial HVAC Industry
The United Kingdom commercial HVAC market is fragmented, favorably competitive, and has several prominent players. The market performers are focusing on expanding their consumer base across foreign countries. These enterprises leverage strategic collaborative initiatives to boost their market share and profitability. Companies such as Siemens AG, Honeywell International Inc., Daikin Industries Ltd, and Mitsubishi Electric Europe BV, among others operating in the market, are also acquiring start-ups working on HVAC technologies to strengthen their production capacities.
• In March 2024, Mitsubishi Electric Europe BV unveiled its latest offering in the form of residential air-to-water heat pumps. The company's Hydrolution EZY monoblock stands out for its ability to generate hot water, reaching temperatures as high as 60°C, even in outdoor conditions plummeting to -25°C. This model comes in two power options: 10 kW and 14 kW.
• In December 2023, Daikin Industries Ltd announced the introduction of Nepura, the new residential air-to-air heat pump range. With this product range, Daikin Europe aims to offer a reliable heating solution that works at temperatures down to 30°C and achieves heating efficiency values of up to A+++.
United Kingdom Commercial HVAC Market Leaders
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Vaillant Group
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Mitsubishi Electric Europe BV
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Robert Bosch GMBH
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Daikin Industries Ltd
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Danfoss A/S
*Disclaimer: Major Players sorted in no particular order