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Top 20 Key Players companies in HVAC
by Most Market Reports in the India in 2020

The HVAC top 20 is Discovery PatSnap’ annual ranking of the top 20 Most Market Reports HVAC Key Players in the India. Discovery has identified the top key players, startups & unicorns, fast-growings, news entrants in 2020, ranking from differnt perspectives, including patent filing intensity, academic research capability, news media heat. The company list is generated from various data types.
Heating, ventilation, and air conditioning (HVAC) is the technology of indoor and vehicular environmental comfort. Its goal is to provide thermal comfort and acceptable indoor air quality. HVAC system design is a subdiscipline of mechanical engineering, based on the principles of thermodynamics, fluid mechanics and heat transfer. "Refrigeration" is sometimes added to the field's abbreviation, as HVAC&R or HVACR or "ventilation" is dropped, as in HACR (as in the designation of HACR-rated circuit breakers).
#
Company Name
Region
Tech Topics
Total
1
Ingersoll-Rand (India) Ltd.
Air conditioning,Sustainable business,Heat pump,
...[+2]
market report: 94
2
Thermax Ltd.
Air pollution,Solar energy,Boiler (power generation),
...[+2]
market report: 50
3
Voltas Ltd.
Air conditioning,Refrigeration,Textile,
...[+2]
market report: 46
4
Blue Star Ltd.
Air conditioning,Electronics,Refrigeration,
...[+2]
market report: 45
5
Bajaj Electricals Ltd.
Tower,Bulb,Rural electrification,
...[+2]
market report: 34
6
Bac Compressors
Air compressor,Oxygen concentrator,Portable oxygen concentrator,
...[+1]
market report: 34
7
Havells India Ltd.
Electronics,Electrical equipment,Electric power transmission,
...[+2]
market report: 33
8
CG Power & Industrial Solutions Ltd.
Power transmission,Transformer,Electrical equipment,
...[+2]
market report: 25
9
Crompton Greaves Consumer Electricals Ltd.
Fast-moving consumer goods,Electronics,Electricity,
...[+2]
market report: 25
10
Bharat Heavy Electricals Ltd.
Transformer,Enterprise software,Heat exchanger,
...[+2]
market report: 24
11
Usha International Ltd.
Water cooler,Ceiling fan,Sales management,
...[+2]
market report: 18
12
Orient Electric Ltd.
Switchgear,Ceiling fan,Electrical equipment,
...[+2]
market report: 17
13
Forbes Marshall Pvt Ltd.
Automation,Industrial engineering,Boiler (power generation),
...[+2]
market report: 17
14
Racold Thermo Ltd.
Solar water heating,Automation,Manufacturing engineering,
...[+2]
market report: 16
15
Symphony Ltd.
Electronics,Air cooling,Enterprise mobility management,
...[+2]
market report: 14
16
Larsen & Toubro Ltd.
Construction engineering,Electrical equipment,Switchgear,
...[+2]
market report: 11
17
ELGI Equipments Ltd.
Air compressor,Screw,Centrifugal compressor,
...[+2]
market report: 9
18
V-Guard Industries Ltd.
Electronics,Solar water heating,Power transmission,
...[+2]
market report: 9
19
Daikin Airconditioning India Pvt. Ltd.
Automation,Manufacturing engineering,Industrial engineering,
...[+2]
market report: 9
20
Coal India Ltd.
Coal,Mining engineering,Coke,
...[+2]
market report: 8
Page generation time: Jul 17 2025