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3. Daikin (Japan) and Halcor (Greece) are Leading Players in the HVAC Linset Market

The global HVAC Linset market size is estimated to be USD 9.2 billion in 2023 and is projected to reach USD 13.4 billion, at a CAGR of 7.9% during the forecast period. The market growth is driven by urbanization and rising residential construction, propelling demand for HVAC Linsets in global cooling solutions. However, local cooling solutions and rising environmental concerns may restrain the market growth for HVAC Linset.

Daikin (Japan), Halcor (Greece), Hydro (Norway), KME SE (Germany), and Mueller Streamline Co. (US) are some of the established players in the HVAC Linset market. The growing trend of smart homes and increasing demand for air conditioners are driving the market. These players have adopted various strategies such as mergers & acquisitions, joint ventures, and expansion to strengthen their market position.

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Daikin is a leading global player in the air conditioning and fluorochemicals businesses. It is involved in the manufacturing of general air conditioning equipment, and the company has in-house divisions that cover both air conditioning and refrigerants. The company operates through divisions such as Air Conditioning, Chemicals, and Others. The air conditioning segment offers HVAC products such as split/multi-split air conditioners, unitary air conditioners, air-to-water heat pumps, heating systems, air purifiers, medium/low-temperature refrigeration systems, ventilation products, control systems, chillers, filters, line sets, and marine HVAC.  Daikin operates over 100 production bases across the world and conducts business in more than 170 countries.  The company operates many R&D centers as well that are dedicated to innovations in the Air Conditioning business segment. The R&D centers of the company are located in the US, Japan, China, Asia/Oceania, and Europe.

Halcor is a leading global manufacturer and distributor of copper and copper alloy products. The company operates as a copper tubes division of ElvalHalcor, a joint venture established in December 2017 between Elval and Halcor. ElvalHalcor's copper segment comprises four subsidiaries and two joint ventures strategically located in Greece, Belgium, Bulgaria, Romania, and Turkey. This segment is dedicated to the development and distribution of an extensive range of copper and copper-alloy rolled and extruded products. Halcor holds the exclusive position as the sole producer of copper tubes in Greece, further strengthening ElvalHalcor's prominent market presence within the copper industry. Halcor offers copper alloy and copper-based products for application in various sectors such as plumbing, HVAC&R, renewable energy, architecture, engineering, and industrial production. Halcor exhibits a robust commercial presence in both European and global markets, with its product offerings available in over 58 countries worldwide. The production base of copper segment comprises eight strategically located plants in Greece, Bulgaria, and Turkey.

Hydro is a leading aluminium company producing primary aluminium, rolled products, extrusions, and casthouse products. The company is one of the leading aluminum extrusion-based companies in the world. The company has structured its operations into distinct business segments, namely, Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, Hydro Energy, and Others. The company offers products related to HVAC through its hydro extrusions business segment. The company offers primary aluminum, along with rolled and extruded aluminum products. Hydro also engages in the recycling of aluminum products. Furthermore, other than aluminum extraction, the company also extracts bauxite and refines alumina. The company operates some of the world's largest bauxite mines along with the world's largest alumina refinery, both located in Brazil. The primary metal production facilities of Hydro are located in the regions of Europe, Canada, Australia, Brazil, and Qatar. The extrusion activities of the company are mainly located in Europe and North America. Hydro also has significant operations in Asia and Brazil. Hydro operates across a global footprint, boasting a widespread presence in over 140 locations spanning 40 countries. The company maintains a vast network of more than 30,000 suppliers and serves a diverse clientele of over 30,000 customers worldwide. Hydro has operations in approximately 40 countries on all continents.

KME SE is a leading global manufacturer specializing in copper, copper alloy, and related products. The company is offering product solutions tailored to the respective individual requirements of various industrial sectors such as construction, HVAC, refrigeration, and power cables. KME SE manages its business through two divisions, the copper division, and the special division. On 1 July 2020, the legal separation of the KME SE's Copper and Special divisions became effective. The activities of the two businesses are now carried out by two separate companies, both controlled directly by KME SE: KME Germany GmbH and KME Special Products GmbH. The company offers HVAC related copper tubes through its copper division. KME SE primarily operates in Europe, North America, and in some parts of Asia.

Related Reports:

HVAC Linset Market by Material (Copper, Low Carbon), End-Use Industry (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit) & Region(NA, Asia Pacific, Europe, Middle East & Africa, South America) - Global Forecast to 2028

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