The latest issue of our HVACR Industry Report, highlighting trends in M&A, financing, IPOs and capital markets for private and public companies in the HVACR sector, is now available.
Highlights from this report include:
- Global consolidation in the HVACR sector has been rapid since 2013, with 338 M&A deals announced.
- With 48 deals announced in the US since 2013, market consolidation is nearly double of announced deals in China - the US is in play.
- Since 2010, the top 20 major publicly traded players have completed 91 acquisitions and realigned legacy sales channels – squeezing smaller OEMs ability to compete.
- New product releases focused mainly on green energy and adoption of more efficient, longer-life products than most of the installed legacy HVACR equipment, which requires firms to increase commitment to significant R&D expenses with no guarantee an industry consolidator won't derail a multi-year R&D initiative.