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Trane Technologies Plc  (TT)
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What are Trane Technologies Plc's Business Segments?



Trane Technologies Plc is a global leader in creating and innovating sustainable and energy-efficient heating, ventilation, and air conditioning (HVAC) systems, as well as other building technologies. Trane Technologies Plc focuses on developing segments, products, and services that are aimed at delivering superior performance, energy efficiency, and indoor air quality. The company caters to both commercial and residential customers.

Segments:

Trane Technologies Plc operates in three segments: Climate, Controls, and Security.

1. Climate Segment: Trane Technologies Plc offers a wide range of heating, ventilating and air conditioning (HVAC) systems under the Climate segment. These systems ensure comfort and safety in residential and commercial buildings. The company offers complete HVAC systems, including air handling units, chillers, packaged systems, rooftop units, and Split Systems.

2. Controls Segment: Trane Technologies Plc offers innovative building automation solutions under the Controls segment. These solutions facilitate real-time monitoring, controlling, and optimizing building systems like lighting, HVAC, and security. The company's controls portfolio includes sensors, controllers, software, and analytics for commercial buildings, data centers, hospitals, and schools.

3. Security Segment: Trane Technologies Plc provides safety and security solutions to its customers under the Security segment. The solutions include fire protection, intrusion detection, access control, and video surveillance. The security products and services ensure safety, compliance and protect assets, and people.

Products:

1. HVAC Products: Trane Technologies Plc offers a wide range of HVAC products that provide maximum energy efficiency, comfort and indoor air quality. These products include air conditioners, air handlers, furnaces, heat pumps, and thermostats.

2. Controls Products: Trane Technologies Plc offers a range of building automation and control systems under the Controls segment. The products include thermostats, sensors, integrated controllers, and software that help in optimizing the building's systems.

3. Security Products: Trane Technologies Plc offers a range of security products and systems that protect buildings and assets against fires, theft, and other threats. These products include fire alarms, intrusion detection systems, access control systems, and video surveillance systems.

Services:

1. HVAC Services: Trane Technologies Plc offers a range of HVAC services, including installation, repair, and maintenance, to ensure that the systems run efficiently and provide optimal comfort to customers.

2. Controls Services: Trane Technologies Plc offers a range of building automation and control services to improve building performance, reduce energy consumption, and optimize the systems. These services include design, installation, programming, and maintenance of the systems.

3. Security Services: Trane Technologies Plc offers a range of security services, including fire alarm monitoring, intrusion detection monitoring, access control monitoring, and video surveillance monitoring. These services help customers stay informed about any potential threats to their buildings and assets.

Overall, Trane Technologies Plc offers a wide range of segments, products, and services that cater to diverse customers globally. The company's mission is to help customers build sustainable, energy-efficient, safe, and comfortable spaces.
   

Trane Technologies Plc Tax Rate Companies within the Miscellaneous Manufacturing Industry


Business Segments Q4
Revenues
(in millions $)
Q4
Income
(in millions $)
(Dec 31 2023)
%
(Profit Margin)
Total 4,424.20 507.60 11.47 %

Growth rates by Segment Q4
Y/Y Revenue
%
(Dec 31 2023)
Q/Q Revenue
%
Q4
Y/Y Income
%
(Dec 31 2023)
Q/Q Income
%
Total 8.6 % -9.39 % 14.32 % -19.72 %

To get more information on Trane Technologies Plc's Total segment. Select each division with the arrow.


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