Predict your next investment

Thermax company logo
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Research, Engineering & Technical
thermaxglobal.com

See what CB Insights has to offer

Founded Year

1980

About Thermax

Thermax is an engineering company providing sustainable solutions in energy and environment, with products for heating, cooling, water and waste management, and specialty chemicals. The company also designs, builds and commissions large boilers for steam and power generation, turnkey power plants, industrial and municipal wastewater treatment plants, waste heat recovery systems and air pollution control projects. It is located in Pune, Maharashtra.

Thermax Headquarter Location

14 Mumbai-Pune Road, Wakdewadi Thermax House

Pune, 411003,

India

Latest Thermax News

HVAC Market to Grow With 4.8% CAGR Through 2030, says P&S Intelligence

Oct 12, 2021

News provided by Share this article Share this article NEW YORK, Oct. 12, 2021 /PRNewswire/ -- The global HVAC market  revenue is expected to rise to $358.1 billion by 2030, registering a CAGR of 4.8% from 2020 to 2030. The mushrooming requirement for energy-efficient air conditioning systems and increasing implementation of supportive government policies are the major factors driving the market across the world. Key Findings of HVAC Market Report Surging construction and infrastructure development activities, especially in the U.A.E., Qatar, and Saudi Arabia, on account of the major upcoming events, such as the FIFA World Cup 2022, ongoing Dubai Expo 2020, and increasing tourist footfall are also fueling the demand for HVAC equipment. The sales of cooling systems are the highest due to the rising temperature on account of global warming and rising disposable income of people living in tropical countries. Commercial end users will generate the highest demand for HVAC equipment in the coming years, mainly because of the surging number of buildings and offices and booming healthcare industry. Asia-Pacific (APAC) will be the fastest-growing HVAC market due to the rapid economic progress, increasing construction activities, and surging population of urban dwellers in China and India. Market players are making huge investments in research and development (R&D) projects to offer advanced HVAC systems. They are also focusing on facility expansions and product launches to strengthen their position. Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/hvac-market/report-sample Johnson Control International PLC began the expansion of its air handling unit manufacturing plant in Hattiesburg, Mississippi, U.S., in December 2019, to increase the total area of the facility to 120,000 square feet. Furthermore, Danfoss A/S launched six new refrigeration and air conditioning (AC) systems and components in India in November 2019. These products are Danfoss Intelligent Purging System (IPS)/air purger, ICSH 2-step solenoid valve, Danfoss gas detector, IFCD defrost module, EKE 400, and Danfoss plate heat exchanger. Johnson Controls International PLC, LG Electronics Inc., Daikin Industries Ltd., Mitsubishi Electric Corporation, Danfoss A/S, Gree Electric Appliances Inc. of Zhuhai,  Smardt Chiller Group Inc., GAMI Air Conditioners Manufacturing, Qingdao Haier Co. Ltd., Trane Technologies Plc, SKM Air Conditioning LLC, Thermax Limited, Petra Engineering Industries Co., Carrier Global Corporation,  Midea Group Co. Ltd., Thermal Care Inc., Blue Star Limited, The Arctic Chiller Group Ltd., Frigel Firenze SpA, and Hero-Tech Refrigeration Equipment Co. Ltd. are the most-significant HVAC market players. Equipment Air Conditioning Commercial Browse More Reports Compressor Market  - The compressor market recorded the highest growth in the Asia-Pacific region in the years gone by. Moreover, the market will boom in the region in the future years as well, on account of the soaring demand for automobiles and the subsequent boom in the manufacturing of vehicles in the region. Industrial Refrigeration Systems Market  - Across the globe, the industrial refrigeration systems market will demonstrate the highest revenue growth in the Asia-Pacific (APAC) region in the coming years. This is credited to the fact that this region is home to several industrialized and some of the most densely populated countries in the world. Commercial Refrigeration Equipment Market  - Asia-Pacific led the commercial refrigeration equipment market in the past and the regional market will register the fastest growth in the coming years. This is due to the rising population and escalating disposable income in the region. Moreover, the presence of the largest number of developing countries in APAC is also resulting in the largescale adoption of commercial refrigeration equipment. Chiller Market  - Across the world, the sales of chillers were observed to be the highest in the Asia-Pacific region till 2019, and this trend will continue in the coming years as well. This is attributed to the fact that chillers are extensively used in China, on account of the country's booming construction sector and rail network and the increasing number of office complexes and airports in the country. P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Thermax Patents

Thermax has filed 12 patents.

The 3 most popular patent topics include:

  • Energy conversion
  • Heat pumps
  • Engine technology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/27/2017

12/15/2020

Engine technology, Engines, Engine components, Exhaust systems, Sensors

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

6/27/2017

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Grant Date

12/15/2020

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Engine technology, Engines, Engine components, Exhaust systems, Sensors

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Thermax Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Thermax Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.