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XenaLives

12/04/22 6:11 PM

#20890 RE: SPM555 #20889

A $7 million market cap... no way.

But even so it's laughable to think that a company with a $7 million market cap can compete with these companies:



Top Heat Pump Manufacturers

This table contains information on the top heat pump manufacturers according to
Technavio’s 2020 report, ranked by annual estimated revenue. Additional details on each
company’s headquarters location are also included, as well as summaries of company
activities below.



Company

Headquarters

Annual Est. Revenue

1.

Mitsubishi Electric

Vernon Hills, IL

$40.35 Billion

2.

Daikin America, Inc.

Orangeburg, NY

$23.06 Billion

3.

Carrier Corporation

Indianapolis, IN

$18.61 Billion

4.

Johnson Controls, Inc.

York, PA

$14.79 Billion

5.

Danfoss Power Solutions Co.

Ames, IA

$6.94 Billion

6.

Ingersoll-Rand Company

Annadale, NJ

$2.45 Billion

7.

NIBE Industrier AB

Markaryd, Kronoberg, Sweden

$2.36 Billion

Information from Thomasnet.com, dnb.com, and company websites.




https://www.thomasnet.com/articles/top-suppliers/heat-pump-manufacturers-and-suppliers/