How Many Major OEMs for HVAC Equipment Are Operating in India?

As of early 2022, the Indian HVAC (Heating, Ventilation, and Air Conditioning) market is home to several major Original Equipment Manufacturers (OEMs), both domestic and international. These companies are recognized for delivering high-performance, energy-efficient, and reliable HVAC solutions tailored to India’s diverse climate and infrastructure needs.
Top Major OEMs Operating in India
Let’s take a closer look at some of the most prominent OEMs dominating the Indian HVAC industry:
1. Daikin
To begin with, Daikin is a Japanese multinational renowned for its energy-efficient and eco-friendly HVAC solutions. In India, it has established a strong foothold with a wide product portfolio including:
- Split and multi-split ACs
- VRV systems
- Chillers
2. Carrier
Another key player is Carrier, an American multinational known for innovation and quality. In India, it offers a wide range of:
- VRF systems
- Chillers
- Residential and commercial air conditioners
3. Mitsubishi Electric
Moreover, Mitsubishi Electric is known for its cutting-edge technology and consistent performance. It delivers a broad range of HVAC products such as:
- VRF systems
- Split ACs
- Commercial-grade cooling units
4. Voltas
On the domestic front, Voltas, an Indian company under the Tata Group, is widely recognized for its robust product range including:
- Split/multi-split air conditioners
- Chillers
- VRF systems
5. Blue Star
In addition, Blue Star is another homegrown brand offering advanced HVAC solutions. It caters to:
- Residential and commercial cooling
- VRF systems
- Precision cooling and chillers
6. LG
Likewise, LG, a South Korean giant, holds a strong presence in India with offerings like:
- Split air conditioners
- Multi-split and VRF systems
- Ducted and packaged units
7. Hitachi
Furthermore, Hitachi is a trusted name in India for its high-efficiency systems. Its product offerings include:
- Inverter split ACs
- VRF systems
- Centralized air conditioning units
8. Johnson Controls
Additionally, Johnson Controls offers innovative, scalable HVAC solutions. In India, it provides:
- Integrated systems for large facilities
- Smart building automation
- Chillers and VRF systems
9. Trane
Notably, Trane is known for its high-performance commercial HVAC systems. Its Indian operations focus on:
- Chillers
- VRF systems
- Packaged HVAC units
10. Rheem
Last but not least, Rheem is gradually growing its footprint in India, offering:
- Energy-efficient residential ACs
- Packaged systems
- Commercial HVAC solutions
Conclusion
All things considered, the Indian HVAC market hosts a wide range of OEMs offering innovative, efficient, and cost-effective products. While the top 10 listed above are among the most prominent, it’s worth noting that several regional and niche manufacturers are also contributing to the competitive landscape.
As the HVAC sector in India continues to grow, driven by urbanization and increased demand for sustainable cooling solutions, we can expect more OEMs to enter or expand their presence in this dynamic market.