5 Top HVAC Manufacturers & Suppliers [US and Worldwide]

5 Top HVAC Manufacturers in the U.S.

Our list of top HVAC manufacturers in the U.S. include:

1. Carrier

2. Trane

3. Rheem

4. Lennox

5. YORK

The following table shows the headquarter locations and the founding year of each HVAC manufacturer.

Below, find more details about each manufacturer, including its products, services, and brands.

1. Carrier

Carrier is a global provider of heating, ventilating, air conditioning, and refrigeration systems, building controls and automation, and fire and security systems.

The company’s origins began in 1902, when Willis Carrier designed the engine for the first modern air conditioning system in Brooklyn, New York. Carrier Engineering Corp. formed in 1915. United Technologies (UTC) acquired Carrier in 1979, and Carrier became an independent, publicly traded company in 2020. Carrier operates 51 factories and 39 research and design centers worldwide, with more than 53,000 employees serving customers in more than 180 countries.

Carrier’s HVAC segment provides products, controls, and services to improve building performance, energy efficiency, and sustainability in commercial and residential applications. Carrier heating and cooling products include air conditioners, gas furnaces and heating systems, controls, after-market components, after-market repair and maintenance services, and building automation solutions.

Carrier heating and cooling brands include:

• Arcoaire®

• Beretta

• Bryant®

• Carrier

• Carlyle®

• CIAT

• Comfortmaker®

• Day & Night®

• Heil®

• Keeprite®

• Payne®

• Riello

• NORESCO

• Tempstar®

• Toshiba-Carrier

• Totaline® after-market HVAC and refrigeration parts and supplies

Building automation and control brands include:

• Carrier

• Automated Logic

• EcoEnergy

• NORESCO

2. Trane

Trane by Trane Technologies provides residential heating, cooling, and ventilating systems, and commercial air conditioning systems, services, and solutions.

Trane’s history began in 1885 as a family plumbing business in La Crosse, Wisconsin. James Trane and his son, Reuben, a mechanical engineer, developed an innovative low-pressure steam heating system. By 1913, the family had incorporated as The Trane Co. In 2008, Ingersoll Rand acquired Trane, and since 2020, Trane has operated under Trane Technologies. Trane employs thousands and has more than 900 U.S. patents.

Trane provides energy-efficient heating, ventilating, and air conditioning systems, building, contracting and energy services, parts support, and advanced thermostat controls for homes and commercial buildings.

Trane Technologies brands include:

• American Standard®

• Ameristar

• ICS Cool Energy

• OxBox™

• RunTru™

• Thermocold®

• Thermo King

• Trane®

3. Rheem

Rheem is an industry leader for residential and commercial heating, cooling, and water heating solutions.

Rheem Manufacturing Co. was established in 1925 when brothers Richard and Donald Rheem acquired a galvanizing plant in San Francisco, California. The company began manufacturing water heaters in the 1930s and expanded into residential and commercial HVAC. Rheem became a wholly owned subsidiary of Paloma Industries of Nagoya, Japan, in 1988.

Rheem manufactures in ISO 9001-certified facilities in Fort Smith, Arkansas; Montgomery, Alabama; Oxnard, California, and Eagan, Minnesota. It operates a parts distribution center in Randleman, North Carolina, and distribution facilities throughout the U.S., as well as in Brampton, Ontario.

Rheem’s products include residential and commercial heating, cooling, conventional and hybrid storage-style water heaters, tankless water heaters, solar water-heating systems, hydronic and geothermal systems, indoor air quality accessories, and replacement parts for all categories.

Brands include:

• Eemax®

• EverHot™

• Friedrich®

• Raypak®

• Richmond®

• Rheem®

• Ruud®

• Solahart®

• Splendid®

• Sure Comfort™

• WeatherKing®

Commercial refrigeration brands:

• Russell®

• Witt®

• ColdZone®

• Kramer®

4. Lennox

Lennox provides cooling, heating, indoor air quality, and refrigeration systems for residential and commercial customers.

Lennox was founded in 1895 by Dave Lennox in Marshalltown, lowa. In 1988, Lennox International Inc. became the parent company for Lennox Industries Inc., and in 1995, Lennox Global was established. The company operates manufacturing and distribution facilities across North America, with a research and development facility in Carrollton, Texas, and factories in Marshalltown, Iowa; Stuttgart, Arkansas, and Saltillo, Mexico.

Lennox HVAC products include heating and cooling systems such as furnaces, heat pumps, condensers, air handlers, garage heaters, air conditioners, packaged units, boilers, and mini-split systems. It also offers comfort controls and indoor air quality solutions.

Brands of Allied Air Enterprises, a division of Lennox International, include:

• AirEase®

• Allied™

• Allied Commercial™

• Armstrong Air™

• Concord®

• Ducane™

• MagicPak®

5. YORK

YORK® manufactures residential and commercial HVAC systems and replacement parts.

YORK began in 1974 in York, Pennsylvania. In 2005, Johnson Controls acquired YORK International heating, ventilating, air-conditioning and refrigeration products and services.

YORK manufactures heating and cooling systems, thermostats and controls, and indoor air quality solutions for residential HVAC. On the commercial side, products include air systems, chilled water systems, ductless and VRF systems, and packaged and split DX systems.

Johnson Controls brands include:

• Coleman®

• Champion®

• Enviro-Tec

• Johnson Controls

• Krueger

• Luxaire®

• Ruskin

• Tempmaster®

• Titus

• Triatek®

• SKYMARK

• YORK®

5 Top HVAC Manufacturers in the World

Our list of top HVAC manufacturers in the world includes the following:

1. Daikin

2. LG Electronics

3. Toshiba Corp.

4. Ingersoll Rand

5. Mitsubishi Electric Corp.

The following table shows headquarter locations and the founding year of top global HVAC manufacturing companies.

Find more details about each manufacturer, below, including its products, services, and brands, below.

1. Daikin

Daikin is a leading manufacturer of air conditioners, and provider of HVACR, fluorochemical, and filtration products for residential, commercial, and industrial solutions.

Daikin products and services include air conditioning, ventilation, humidification, refrigeration, freezing, fluorochemicals, oil hydraulics, and after-sales service.

Daikin generates more than $27 billion net sales, has more than 100 worldwide production bases, and sells products in more than 170 countries, according to company data. Daikin U.S. Corp. is based in New York City and has several U.S. locations.

HVAC brands include:

• Daikin

• Goodman®

• Amana®

• AAF Flanders air filtration

• Quietflex ductwork

2. LG Electronics

LG Electronics manufactures residential and commercial heating, ventilating, and air conditioning solutions.

LG Electronics produces ducted and duct-free products for air conditioners and building management solutions. Products include single splits, single packaged, gas heat pumps, chillers, air to water heat pumps, water heaters, building automation, ventilation solutions, and compressors and motors.

The company generated $67 billion revenue in 2022, according to Statista. The company has 142 subsidiaries worldwide, and employs about 74,000 executives and employees, according to company data. LG Electronics USA’s Air Conditioning Technologies is based in Alpharetta, Georgia. 

3. Toshiba Corporation

Toshiba International Corp. produces motors, drives, and power apparatus components for HVAC systems. Its low voltage adjustable speed drives are specifically designed for HVAC systems to control fan and pump applications.

Toshiba also produces window and portable air conditioning units, dehumidifiers, and air purifiers.

Toshiba Corp. generated $23.27 billion in 2022, according to Statista. Toshiba America Inc. employs about 6,600 and has manufacturing facilities in Mitchell, South Dakota; and Houston, Texas.

4. Ingersoll Rand

Ingersoll Rand is a global provider of flow creation and industrial solutions. The company acquired Trane in 2008 to provide air conditioning systems, services and solutions. In 2020, Ingersoll Rand Industrial merged with Gardner Denver.

Trane operates under Trane Technologies to produce heating, cooling, and ventilation systems. Ingersoll Rand produces air compressors, applied power products, power tools, lifting systems, pumps, and original equipment manufacturer (OEM) solutions.

Ingersoll Rand generated $5.9 billion in 2022, according to Statista. It operates in eight locations in North America.

HVAC brands include:

• American Standard®

• Ameristar®

• Nexia®

• Trane®

5. Mitsubishi Electric Corp.

Mitsubishi Electric Corp. is a leader in ductless and variable refrigerant flow (VRF) air conditioning systems for residential, commercial, and industrial use.

Mitsubishi products for homeowners and professionals include room air conditioners, package air conditioners, VRF systems, heat pumps, ventilators, air curtains, and compressors.

Mitsubishi Corp.’s annual revenue was nearly $154 billion in 2022, according to Macrotrends. The company has a total of 121 offices and 79,706 employees, including its consolidated subsidiaries, according to company data.How to Choose the Best HVAC Equipment Supplier

The right equipment supplier helps HVAC contractors deliver high-quality products and services to customers. HVAC contractors should research HVAC brands and local suppliers to determine the best fit with their company.

Step #1: Assess your needs and budget

As you assess your needs and budget, consider your installation jobs and the equipment specifications required for your projects.

Consider HVAC equipment brand durability, lifespan, and manufacturer warranties, keeping in mind most brands offer product lines for varying needs and budgets.

ServiceTitan HVAC software empowers HVAC contractors to examine current and past job performance, including equipment and installation costs. Using this data, contractors can price jobs for profit and improve margins on every HVAC job.

Step #2: Research and shortlist suppliers

Perform online research and reach out to your professional network to find reputable HVAC equipment suppliers in your area. Read online reviews and ratings to see what customers say about the supplier’s HVAC knowledge and level of customer service.

ServiceTitan’s HVAC inventory management software enables contractors to streamline the purchase order process from preferred suppliers, saving contractors time and money. Through a centralized purchasing system, contractors can easily manage POs, returns, and bills across multiple warehouse locations.

Using ServiceTitan’s inventory management feature, contractors gain greater control and visibility of current stock levels. A mobile app enables contractors to efficiently manage inventory from anywhere through receiving POs, transfers, notifications, and inventory counts.

Contractors with real-time data on inventory, purchase orders, work orders, and adjustments at their fingertips are better able to stay within budget and on track with jobs.

Step #3: Compare multiple quotes

Once you’ve identified potential HVAC equipment suppliers, compare the details of equipment, pricing, delivery schedules, and other services.

Contact suppliers to learn about their processes and if they offer online ordering. If you can view this data online, check prices and delivery options online. Also consider stock supply, accessory brands, and other potential supply needs.

Performing research about equipment and cost upfront puts your company in a position to obtain the best supplies for the best prices.

Step #4: Evaluate other supplier traits

A supplier functions as a partner with your business, so it’s key to know the reputation, experience, and quality of products and services.

Supplier traits to consider include:

• Level of experience and HVAC knowledge

• Return policies

• Customer support and service

Think of your HVAC company’s suppliers as long-term business relationships, and strengthen those relationships as you grow your business.

Now Over to You

While it’s important to identify the right brand of HVAC equipment and suppliers for your business, HVAC contractors also should implement the right software to improve efficiency and profit.

ServiceTitan’s inventory management software simplifies purchasing and inventory tracking, and ensures HVAC contractors possess the right equipment and supplies.

With ServiceTitan HVAC software, contractors can do much more than just streamline supplier purchasing. The all-in-one business software provides the tools to coordinate jobs in real time, boost sales, track memberships, improve customer satisfaction, and grow revenue.

Ready to grow your HVAC business? Book a demo to see how ServiceTitan drives growth.

Frequently Asked Questions (FAQs)

Have additional questions? Find out more about HVAC manufacturers below.

What is the largest HVAC manufacturer?

Based on revenue, the largest HVAC manufacturer in the world is Samsung Electronics, with $234.08 billion in revenue in 2022, according to Statista. As for the largest HVAC company in the U.S., Carrier Global Corp. ranks highest at $20.421 billion, according to Macrotrends.

How many HVAC manufacturers are there?

It’s difficult to estimate the number of manufacturers in the HVAC industry, because many HVAC manufacturers produce several different HVAC equipment brands. Market research companies indicate fewer than 10 HVAC equipment manufacturers control the market, according to Grand View Research.

What makes the best HVAC system?

The best HVAC system is built for top performance, maintains energy efficiency, and meets the required specifications for the project. To function properly and with optimal performance, HVAC contractors must properly install the system and perform maintenance on a regular basis.