Category: News
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Grand View Research: Global AC Systems Market at $105.1 Billion in 2025
The global air conditioning systems market was valued at 105.1 billion dollars in 2025 and is projected to reach 183 billion by 2033.
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Daikin Applied Triples Modular Solutions Manufacturing Footprint
Daikin Applied announced a major expansion of its modular HVAC manufacturing to meet growing demand.
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LG Expands ThinQ UP for Residential Air Conditioners Across Europe
LG Electronics has extended its ThinQ UP upgradeable-feature platform to residential air conditioners across Europe, letting owners add new smart functions over
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Daikin and NTT DATA Launch AI-Driven Data Center Cooling Optimization PoC
Daikin and NTT DATA have launched a joint proof of concept that uses AI to optimize data center cooling, aiming to reduce energy use while keeping server rooms
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LG Strengthens European Heat Pump Position with Diverse Portfolio
LG expanded its European heat pump lineup, reinforcing its residential heat pump business.
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Daikin Inaugurates New Heat Pump Production Site in Poland
Daikin opened a new heat pump manufacturing site in Poland to expand European production capacity.
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Daikin Formulates Strategic Management Plan “FUSION30”
Daikin has announced “FUSION30”, its new medium-term management strategy that sets the company’s direction for growth through technology and sustainability.
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Midea Showcases R290 Leadership at C&R 2025 in Madrid
Midea presented its R290 series (12 production lines, 6.
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Carrier Recognized by U.S. DOE as Energy Skilled Training Provider for Heat Pump Installation
The U.S. Department of Energy has recognized Carrier as an Energy Skilled training provider for heat pump installation.
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Trane Technologies Reports Q3 2025 Revenue of $5.74 Billion, Up 5.5% YoY
Trane Technologies reported third-quarter 2025 revenue of $5.