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World Top 100 Heating Equipment Companies List by Market Cap as of August 2026

World Top 100 Heating Equipment Companies List by Market Cap as of August 2026, World Biggest 100 Heating Equipment Companies by Market Cap, World Largest 100 Heating Equipment Companies in the World by market cap as of August 2026.

Metatag Title
World Top Heating Equipment Companies by Market Cap in 2026
Metatag Abstract
World Top Heating Equipment Companies by Market Cap in 2026, World Largest Heating Equipment Companies by Market Cap in 2026.
  1. Carrier Global

    World Rank (Aug-2026)
    493
    Market Cap (Aug-2026)
    52.144 Billion USD
    World Rank (Jan-05-2024)
    375
    Market Cap (Jan-05-2024)
    46.550 Billion USD
    World Rank (Jul-30-2023)
    352
    Market Cap (Jul-30-2023)
    49.247 Billion USD
    World Rank (Dec-25-2022)
    479
    Market Cap (Dec-25-2022)
    34.947 Billion USD
    World Rank (Jan-07-2022)
    443
    Market Cap (Jan-07-2022)
    44.92 Billion USD
    Annual Revenue in USD
    21,747 Million USD
    Annual Operating Income in USD
    1,943 Million USD
    Annual Net Income in USD
    1,484 Million USD
    Annual Results for Period Ending
    Dec-2025 ending year
    Headquarters Country
    Stock Category
    Company Profile

    CARRIER GLOBAL is Heating, Ventilating and Air Conditioning systems manufacturing company with headquarters is in USA. Carrier is the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.

    As on 2022, CARRIER GLOBAL has 52,000 employees.

    As on 2021, CARRIER GLOBAL 58,000 employees in 160 countries.

    Facts About Company

    CARRIER GLOBAL annual revenue generated for period ending Dec-2022 was 20,421 million USD.

    CARRIER GLOBAL annual net income generated for period ending Dec-2022 was 3,534 million USD.

    CARRIER GLOBAL annual revenue generated for period ending Dec-2021 was 20,613 million USD.

    Split of Annual Revenue by business segment for period ending Dec-2021:

    Product sales: 17,214 million USD.

  2. Lennox International

    World Rank (Aug-2026)
    1,624
    Market Cap (Aug-2026)
    14.585 Billion USD
    World Rank (Jan-05-2024)
    1,160
    Market Cap (Jan-05-2024)
    15.304 Billion USD
    World Rank (Jul-30-2023)
    1,354
    Market Cap (Jul-30-2023)
    12.900 Billion USD
    World Rank (Dec-25-2022)
    1,731
    Market Cap (Dec-25-2022)
    8.614 Billion USD
    World Rank (Jan-07-2022)
    1,716
    Market Cap (Jan-07-2022)
    11.16 Billion USD
    Annual Revenue in USD
    5,195 Million USD
    Annual Operating Income in USD
    1,042 Million USD
    Annual Net Income in USD
    806 Million USD
    Annual Results for Period Ending
    For year ending December-2025
    Headquarters Country
    Stock Category
    Company Profile

    Manufactures home heating systems like furnaces and home cooling systems like air conditioners. Headquarters is in Texas, USA.

  3. Watsco

    World Rank (Aug-2026)
    1,794
    Market Cap (Aug-2026)
    12.914 Billion USD
    World Rank (Jan-05-2024)
    1,102
    Market Cap (Jan-05-2024)
    16.138 Billion USD
    World Rank (Jul-30-2023)
    1,225
    Market Cap (Jul-30-2023)
    14.631 Billion USD
    World Rank (Dec-25-2022)
    1,564
    Market Cap (Dec-25-2022)
    9.768 Billion USD
    World Rank (Jan-07-2022)
    1,654
    Market Cap (Jan-07-2022)
    11.66 Billion USD
    Annual Revenue in USD
    7,239 Million USD
    Annual Operating Income in USD
    720 Million USD
    Annual Net Income in USD
    497 Million USD
    Annual Results for Period Ending
    For year ending December-2025
    Headquarters Country
    Company Profile

    Watsco Inc. is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) in the HVAC/R distribution industry. Headquarters is in Florida, USA.

  4. A. O. Smith Corporation

    World Rank (Aug-2026)
    2,494
    Market Cap (Aug-2026)
    8.449 Billion USD
    World Rank (Jan-05-2024)
    1,450
    Market Cap (Jan-05-2024)
    11.706 Billion USD
    World Rank (Jul-30-2023)
    1,579
    Market Cap (Jul-30-2023)
    10.860 Billion USD
    World Rank (Dec-25-2022)
    1,720
    Market Cap (Dec-25-2022)
    8.693 Billion USD
    World Rank (Jan-07-2022)
    1,502
    Market Cap (Jan-07-2022)
    13.23 Billion USD
    Annual Revenue in USD
    3,830 Million USD
    Annual Operating Income in USD
    729 Million USD
    Annual Net Income in USD
    546 Million USD
    Annual Results for Period Ending
    For year ending December-2025
    Headquarters Country
    Stock Category
    Company Profile

    A. O. Smith Corporation is a water heating and water treatment solutions company. The company products are water boilers, water heaters, water tanks and water treatment products. The Headquarters is in USA.

  5. NIBE Industrier AB (publ)

    World Rank (Aug-2026)
    2,557
    Market Cap (Aug-2026)
    8.160 Billion USD
    World Rank (Jan-05-2024)
    1,250
    Market Cap (Jan-05-2024)
    14.086 Billion USD
    World Rank (Jul-30-2023)
    1,429
    World Rank (Dec-25-2022)
    706
    World Rank (Jan-07-2022)
    706
    Market Cap (Jan-07-2022)
    29.79 Billion USD
    Annual Revenue in USD
    3,237 Million USD
    Annual Net Income in USD
    349 Million USD
    Annual Results for Period Ending
    Dec-2021 ending year
    Headquarters Country
    Stock Category
    Company Profile

    NIBE Industrier AB is a Energy Solutions and Climate Solutions company. The headquarters is in Sweden.

  6. Beijer Ref AB (publ)

    World Rank (Aug-2026)
    2,859
    Market Cap (Aug-2026)
    7.017 Billion USD
    World Rank (Jan-05-2024)
    2,377
    Market Cap (Jan-05-2024)
    6.493 Billion USD
    World Rank (Jul-30-2023)
    2,257
    Market Cap (Jul-30-2023)
    6.895 Billion USD
    World Rank (Dec-25-2022)
    2,643
    Market Cap (Dec-25-2022)
    5.193 Billion USD
    World Rank (Jan-07-2022)
    2,344
    Market Cap (Jan-07-2022)
    7.61 Billion USD
    Annual Revenue in USD
    2,146 Million USD
    Annual Operating Income in USD
    172 Million USD
    Annual Net Income in USD
    118 Million USD
    Annual Results for Period Ending
    Dec-2022 ending year
    Headquarters Country
    Company Profile
    Beijer Ref AB is a Refrigeration Wholesaler, Logos Industrias, Formed A Joint Venture company. The company products supplied cover the fields of commercial refrigeration, industrial refrigeration, air conditioning and heating. It has employs approximately 3,700 employees and annual sales are approximately SEK 15 billion with sales across 36 countries. The headquarters is in Sweden.
  7. Rinnai Corporation

    World Rank (Aug-2026)
    4,866
    Market Cap (Aug-2026)
    3.179 Billion USD
    World Rank (Jan-05-2024)
    4,143
    Market Cap (Jan-05-2024)
    3.236 Billion USD
    World Rank (Jul-30-2023)
    4,156
    Market Cap (Jul-30-2023)
    3.203 Billion USD
    World Rank (Dec-25-2022)
    3,622
    Market Cap (Dec-25-2022)
    3.536 Billion USD
    World Rank (Jan-07-2022)
    3,660
    Market Cap (Jan-07-2022)
    4.32 Billion USD
    Annual Revenue in USD
    2,672 Million USD
    Annual Net Income in USD
    173 Million USD
    Annual Results for Period Ending
    Dec-2021 ending year
    Headquarters Country
    Company Profile
    Rinnai Corporation manufacture Water heaters, Kitchen appliances, Air Conditioning appliances, Commercial use equipment. Headquarters is in Japan.
  8. AB Electrolux(publ)

    World Rank (Aug-2026)
    5,505
    Market Cap (Aug-2026)
    2.574 Billion USD
    World Rank (Jan-05-2024)
    4,564
    Market Cap (Jan-05-2024)
    2.837 Billion USD
    World Rank (Jul-30-2023)
    4,013
    Market Cap (Jul-30-2023)
    3.371 Billion USD
    World Rank (Dec-25-2022)
    3,590
    Market Cap (Dec-25-2022)
    3.573 Billion USD
    World Rank (Jan-07-2022)
    2,555
    Market Cap (Jan-07-2022)
    6.82 Billion USD
    Annual Revenue in USD
    13,317 Million USD
    Annual Net Income in USD
    496 Million USD
    Annual Results for Period Ending
    Dec-2021 ending year
    Headquarters Country
    Company Profile

    AB Electrolux is a Home Appliance company. It has more than 49,000 employees all around the world and sell approximately 60 million household products in approximately 120 markets every year. The headquarters is in Sweden.

  9. Systemair AB (publ)

    World Rank (Aug-2026)
    6,792
    Market Cap (Aug-2026)
    1.780 Billion USD
    World Rank (Jan-05-2024)
    6,562
    Market Cap (Jan-05-2024)
    1.583 Billion USD
    World Rank (Jul-30-2023)
    6,895
    Market Cap (Jul-30-2023)
    1.493 Billion USD
    World Rank (Dec-25-2022)
    6,940
    Market Cap (Dec-25-2022)
    1.371 Billion USD
    World Rank (Jan-07-2022)
    5,889
    Market Cap (Jan-07-2022)
    2.21 Billion USD
    Annual Revenue in USD
    908 Million USD
    Annual Net Income in USD
    51 Million USD
    Annual Results for Period Ending
    Apr-2022 ending year
    Headquarters Country
    Company Profile
    Systemair AB (publ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services with technology powers more than 90 marketplaces in 50 countries. The company annual revenue is 8,519 million SEK, annual net income is 406.2 million SEK and total assets are 6,955 million SEK as on 2021. The headquarters is in Sweden.
  10. Ariston Holding N.V.

    World Rank (Aug-2026)
    7,232
    Market Cap (Aug-2026)
    1.590 Billion USD
    World Rank (Jan-05-2024)
    4,913
    Market Cap (Jan-05-2024)
    2.534 Billion USD
    World Rank (Jul-30-2023)
    3,706
    Market Cap (Jul-30-2023)
    3.754 Billion USD
    World Rank (Dec-25-2022)
    3,848
    Market Cap (Dec-25-2022)
    3.273 Billion USD
    Headquarters Country
    Company Profile

    ARISTON HOLDING N.V. manufacture water heating equipment, heating equipment, burners and couple of other home appliances. The headquarters is in Italy.

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