Comparing the current results to its competitors, Modine Manufacturing Co reported Revenue increase in the 4 quarter 2026 by 47.48 % year on year. The sales growth was above Modine Manufacturing Co's competitors' average revenue growth of 8.36 %, achieved in the same quarter.
Modine Manufacturing Co's Comment on Competition and Industry Peers
We compete with many manufacturers of heat transfer and HVAC products, some
of which are divisions of larger companies. The markets for our products continue
to be very dynamic. Our traditional OEM customers are faced with dramatically
increased international competition and have expanded their global manufacturing
footprints to compete in local markets. In addition, consolidation within the
supply base and vertical integration have introduced new or restructured competitors
to our markets. Some of these market changes have caused us to experience competition
from suppliers in other parts of the world that enjoy economic advantages such
as lower labor costs, lower healthcare costs, and lower tax rates. As a result,
we have expanded and continue to expand our geographic footprint, in part to
provide more flexibility to serve our customers around the globe. Our customers
also continue to ask us, as well as their other primary suppliers, to provide
research and development (“R&D”), design, and validation support
for new potential projects. This combined work effort often results in stronger
customer relationships and more partnership opportunities for us. It can also
introduce risk, to the extent that these requests may require the reallocation
of resources at times when actual business awards are pending.
Primary Competitors – Lennox International Inc. (ADP); CES (Reznor);
Mestek Inc. (Sterling); Emerson Electric Company (Liebert); Stulz; Schneider
Electric (APC / Uniflair); Johnson Controls, Inc. (York); Daikin (McQuay International);
System Air (ChangeAir); Bard Manufacturing; and Aaon, Inc.
Primary Competitors – Adams Thermal Systems Inc.; AKG Group; Denso Corporation;
Zhejiang Yinlun Machinery Co., Ltd.; ThermaSys Corp.; Doowon; Donghwan; T. Rad
Co. Ltd.; Mahle Industrial Thermal Systems; KALE OTO RADYATÖR; and RAAL.
Primary Competitors – Mahle Behr; Dana Corporation; Delphi Corporation;
Denso Corporation; Visteon Corporation; BorgWarner; and Valeo SA.
Primary Competitors – Mahle Behr; TitanX; T. Rad Co. Ltd.; BorgWarner;
and Tata Toyo.
Lennox International Inc operates as a global provider of climate control solutions, specializing in heating, ventilation, air conditioning, and refrigeration systems. The company primarily sells its products and services to residential and commercial customers, including homeowners, building owners, and contractors. Lennox International Inc focuses on innovation, quality, and energy efficiency to meet customer demands and maintain a strong presence in the industry.
Hudson Technologies Inc operates in the refrigerant services industry, providing solutions for refrigerant management and reclamation. They offer a range of services including refrigerant sales, analysis, and reclamation, catering to customers in various sectors such as commercial, industrial, and government entities.
Johnson Controls International Plc Share Performance
+3.87%
This Quarter
Johnson Controls International Plc
Profile
Johnson Controls International Plcs business model focuses on delivering advanced solutions in smart building technology, energy efficiency, and sustainability, offering products such as HVAC systems, building automation systems, and energy storage solutions. They enhance customer operations through installation, maintenance, and monitoring services, aiming to optimize energy usage and lower operational costs while promoting sustainable practices.
Visteon Corp operates as an automotive technology supplier, primarily focused on providing a range of electronics products and software solutions to vehicle manufacturers. Their business model involves designing, developing, and manufacturing advanced cockpit electronics and connected car solutions to enhance the overall driving experience.
Sources:
Modine Manufacturing Co’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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