Mitsubishi Heavy Industries Group combines cutting-edge technology with deep expertise in the heat pump market to help create a carbon-neutral world.
SAN ANTONIO, June 20, 2023 /PRNewswire/ — Frost & Sullivan named Mitsubishi Heavy Industries Air Conditioning Europe Ltd (MHIAE) European Company of the Year for 2023 based on a recent study of the commercial heat pump market. Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups in the energy, smart infrastructure, industrial equipment, aerospace and defense industries.
The company is known in the European market for its optimized air-to-water heat pump, which is five times more energy efficient than existing natural gas boilers. Therefore, its European subsidiary, MHIAE, is steadily evolving to meet Europe’s growing demand for low-carbon energy with first-class HP.
Customers are drawn to what HP sees as a green, low-carbon alternative to gas heating as Europe moves towards sustainable heating. Thus, MHIAE offers a cost-effective and more efficient alternative that promotes environmental sustainability through the use of advanced technologies.
“MHIAE’s line of high efficiency air and water cooling and heating systems for residential, commercial and industrial applications, including high efficiency air/water chillers for space heating, cooling and hot water production, remains an important component of the segment. of the company’s products, namely, it offers an impressive range of air-to-water HPs to meet the growing demand for low-carbon, energy-efficient and cost-effective hot water solutions in the residential, commercial and industrial sectors in Europe. Demand in Europe,” said Neha Tatikota, Analyst energy and environment at Frost & Sullivan.
In MHIAE’s HP product range, the company’s most popular product is the Q ton high pressure air/water system. The Q-ton is an HP machine designed for extremely low global warming potential commercial use in line with the latest environmental trends. In addition, it features an advanced, easy-to-use touch panel, user-friendly scheduling, and a one-touch fill operation that utilizes state-of-the-art technology for optimal performance.
The system reflects MHIAE’s innovative capabilities and commitment to providing customized solutions tailored to the unique needs of customers. Now, based on customer feedback, the company is committed to leveraging the Group’s extensive industry knowledge, deep market experience and broad product portfolio to further deliver sustainable, innovative and cost-effective solutions that positively impact customers worldwide.
“Over the years, MHIAE has achieved consistent growth through a differentiated product portfolio, continuous innovation and customer focus. For example, the company achieved record sales of Q tons in the European market in 2022, and in 2021-2021. % sales growth from 2022,” said Sama Suwal, Frost & Sullivan Best Practices Analyst.
Each year, Frost & Sullivan presents the Company of the Year award to an organization that has demonstrated excellence in growth strategy and execution in its field. The award recognizes a high level of product and technology innovation and, as a result, leadership in customer value and market penetration.
The Frost & Sullivan Best Practice Awards recognize companies with outstanding achievement and excellence in leadership, technology innovation, customer service, and strategic product development in regions and global markets. Industry analysts compare market participants and measure their performance through in-depth interviews, analysis, and extensive secondary research to determine industry best practices.
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Mitsubishi Heavy Industries Air Conditioning Europe Ltd (MHIAE) supplies highly efficient air and water cooling and heating systems for residential, commercial and industrial applications throughout Europe. Its parent company, Mitsubishi Heavy Industries Ltd., has been designing and manufacturing refrigeration systems since 1920 and continues to develop its products in Europe through MHIAE.
MHIAE is committed to providing innovative integrated solutions based on its parent company’s advanced technology and rich experience to help achieve a carbon neutral world, improve the quality of life and provide a safer world. For more information please visit https://mhiae.com/