The data was sourced from various industry reports and news articles.
The data above provides an overview of the top 25 companies that provide air conditioning services worldwide, based on revenue. Carrier leads the way with a revenue of $17.2 billion, followed closely by Daikin at $17.1 billion. The top 5 companies combined account for a total of $23.3 billion in revenue, which is nearly 40% of the entire market. This reflects the competitive nature of the air conditioning industry, with multiple large companies competing for market share.
In addition, the next 20 companies, accounting for a total of $7.8 billion in revenue, demonstrate the presence of numerous smaller companies in the industry. Together, the 25 companies represent a total of $31.1 billion in revenue, indicating the size and significance of the global air conditioning market.