HVAC in Europe
The global heating, ventilation, and air conditioning (HVAC) market is projected to reach about 367.5 billion US dollars by 2030. With a revenue of almost 7,500 million USD and a growth rate of 10%, the European HVAC market is expanding rapidly. As a North American manufacturer who wants to grow their business, Europe is a smart move.
Overview of Industry in Europe
Europe is America's largest export market. The continent has 746 million inhabitants and an estimated 22% share of the world's nominal GDP (North America 27%). Higher incomes and climate change create a larger demand for innovative HVAC solutions – a market dominated by North American manufacturers.
Meeting technical and legal regulations are the number 1 barrier to cross when you start exporting to Europe. Followed by languages and time zones. The UK used to be the preferred place to start. Nowadays Germany, France, Spain and Italy are strong options as well. This is where a dedicated partner like EuroDev can make a big difference.
Stories from our Partners
PortacoolPortacool started with our 4-step introductory program. After one year of cooperation, the European Team was able to engage key Master Distributors in the UK, the Netherlands, and Germany. As a next step for the second year, the Portacool Europe Team moved the business development focus into the Nordics (Sweden, Norway, and Finland) and East Europe countries, combining these activities with account management growth and after-sales support in the countries with an existing business.Read More
SJE RhombusEuroDev allocated a business development team, that represents SJE Rhombus in the European market as SJE Rhombus Europe. This is provided as a service and allows the company to have boots on the ground in Europe. The team is mandated to perform business development activities across the European theatre, working closely with SJE Rhombus Sales and Technical leadership teams. Since then, they have been growing the business together.Read More
Clean Cool TechnologiesBefore cooperation with EuroDev, Cool Clean Technologies did not have the resources required to effectively engage with DMUs of large automotive manufacturers in Europe. Having ‘boots on the ground’ is one of the crucial elements in establishing contact and providing effective account management. Therefore, at the start of 2017, Cool Clean Technologies decided to partner up with EuroDev to establish a durable business footprint in the complex EU market space.Read More
AmityAmity is a Software as a Service (SaaS) digital solution provider that empowers online engagement for mobile applications and online platforms. EuroDev’s objective was to create a custom-made market entry strategy, analyse barriers of entry, find solutions to overcome them, and identify the best European opportunities for Amity in the different industries and geographical areas.Read More