The global air conditioning systems market was valued at 105.1 billion dollars in 2025 and is projected to reach 183 billion by 2033.

Daikin Applied announced a major expansion of its modular HVAC manufacturing to meet growing demand.

LG Electronics has extended its ThinQ UP upgradeable-feature platform to residential air conditioners across Europe, letting owners add new smart functions over

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

LG expanded its European heat pump lineup, reinforcing its residential heat pump business.

Daikin opened a new heat pump manufacturing site in Poland to expand European production capacity.

Daikin has announced “FUSION30”, its new medium-term management strategy that sets the company’s direction for growth through technology and sustainability.

Midea presented its R290 series (12 production lines, 6.

The U.S. Department of Energy has recognized Carrier as an Energy Skilled training provider for heat pump installation.

Trane Technologies reported third-quarter 2025 revenue of $5.