Top 100 companies worldwide: Steam & Air Conditioning

The global energy industry is of vital importance as it provides us with electricity. More reliable and secure energy infrastructure is needed for the industry to operate and to meet the increasing demand for energy worldwide. This industry is expected to grow, driven by significant investments in this sector, urbanization, and government initiatives across the globe that promote the consumption of electricity in developing countries. Global steam & air conditioning industry revenue numbers are expected to continuously increase by US$41.8 billion (+16.39%) over the next couple of years. In 2022, the global demand for room air conditioners amounted to approximately 99.9 million units, while demand for packaged air conditioners stood at approximately 17.87 million units.The number of large companies in the steam & air conditioning industry is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.