Market commentary Nov 2021 · North America Verified
Strong Demand in North America Residential HVAC Markets
Regal Rexnord's Climate Solutions segment reported strong demand in North America residential HVAC markets, with orders up 11% in Q3 on a daily basis, driven by healthy underlying end market demand.
“Drivers included strong demand in North America residential HVAC markets, in EMEA and in North America general industrial markets, in addition to market share gains in the North America distribution business, in Europe and In Asia pacific. Notably, orders in the North America residential HVAC business were up 11% in the third quarter on a daily basis, driven by healthy underlying end market demand.”
Entities
HVAC Sentiment: Positive
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