Iran Radiator

What Iran Radiator does

Iran Radiator Industrial Group (ایران رادیاتور) is a privately held Iranian HVAC manufacturer headquartered in Rasht, with a permanent showroom in Tehran, founded in 1979 and operating across more than 40 years. It produces aluminum sectional radiators (Maxi, Solar, Kal, Thermo, Eco series), polyester-coated steel panel radiators (PKKP series), wall- and floor-mounted packaged boilers, gas, gasoil, and dual-fuel industrial burners with capacities up to 3,000,000 kcal/hr, split and ducted air conditioners from 9,000 to 65,200 BTU under the IRG, Kazuki, and Alterm sub-brands, and steel towel warmers (TR01, TRS series). Components such as GMCC (Toshiba) rotary and scroll compressors, R410A refrigerant, T3 tropical-rated compressors for ambient temperatures up to 52-55°C, and Golden Fin anti-corrosion coatings are used across product lines.

The company manufactures exclusively through die-cast aluminum methods for its radiator sections and applies polyester powder coating on steel panels; inverter variable-speed compressor technology on split AC units is claimed to reduce electricity consumption by 30-70% relative to fixed-speed equivalents. Warranties extend to 5 years on compressors and 10 years on radiators, with free installation provided for in-warranty products.

Iran Radiator distributes solely through a nationwide network of authorized sales dealers and a separate authorized after-sales service agent network, with a centralized customer-service line (1600) routing inquiries to the nearest dealer. Revenue is generated from hardware unit sales across residential, commercial/SME, and construction/organizational project channels, with a dedicated B2B inquiry pathway for bulk procurement. The company self-describes as the largest heating and cooling equipment manufacturer in Iran and the Middle East, with multiple factories and a headcount in the 1,001-5,000 range.

Name

Iran Radiator

Legal name

Iran Radiator Industrial Group (گروه صنعتی ایران رادیاتور)

Website

https://iranradiator.ir

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Iran Radiator Industrial Group is Iran's largest HVAC manufacturer, producing aluminum and steel radiators, boilers, gas and dual-fuel burners, split and ducted air conditioners, and towel warmers, distributed exclusively through a nationwide authorized dealer and after-sales service network serving residential, commercial, and construction-project customers across Iran.

Ownership category

akta.pro rank

Product category

HVAC Equipment Manufacturing

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

• HVAC equipment manufacturing
• Heating radiator production
• Industrial burner manufacturing
• Split air conditioner systems
• Packaged boiler units

Headquarters

HQ city

Rasht

HQ country

Iran

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. HVAC Hardware Product Sales: Primary revenue from manufacturing and selling heating and cooling products including aluminum and steel radiators, packaged boilers, split ACs, duct splits, burners, and towel warmers through a nationwide dealer network.
2. After-Sales Service & Installation: Revenue generated through a network of authorized service agents providing installation, annual maintenance, and repairs. Installation is provided free for warranty-covered products, with charges for out-of-warranty service.
3. Warranty & Spare Parts: Replacement parts and repair services provided under warranty periods (2 years for most products, 5 years for compressors, 10 years for radiators).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Iran Radiator Industrial Group manufactures and sells heating, ventilation, and cooling equipment, including aluminum and steel panel radiators, wall-mounted and floor-standing packaged boilers, split and ducted air conditioners (sold under the Kazuki, Alterm, and IRG sub-brands), industrial gas, gasoil, and dual-fuel burners up to 3,000,000 kcal/hr, and towel warmers. Products are sold in Iran through a nationwide authorized sales dealer and service agent network, with dedicated sales channels for residential consumers, commercial buyers, and large construction/organizational projects.

Product overview

Iran Radiator Industrial Group is Iran's largest heating and cooling equipment manufacturer with over 40 years of experience. The company produces a comprehensive HVAC portfolio including: (1) aluminum sectional radiators (Maxi, Solar, Kal, Thermo, Eco series) and steel panel radiators (PKKP series), (2) wall-mounted and floor-standing boilers (پکیج), (3) split air conditioners under IRG, Kazuki, and Alterm sub-brands including wall-mounted, duct, and floor-standing units with capacities from 12,000 to 60,000 BTU, (4) steel towel warmers (TR01, TRS series), and (5) industrial burners (gas, diesel, dual-fuel) with capacities up to 3,000,000 kcal/hr. Products are sold through authorized dealers nationwide with 5-year compressor warranty and installation services.

Differentiator

Problem solved

Functional benefit

Brands

• Kazuki (کازوکی): Split air conditioner sub-brand marketed under Iran Radiator's product portfolio, featuring rotary and scroll compressor models in various capacities.
• Altern (آلترم)
• IRG

Products and services

• Aluminum Radiators (رادیاتور آلومینیومی) Die-cast aluminum heating radiators manufactured for residential and commercial space heating, produced using the full die-casting method; backed by a comprehensive warranty program and sold through authorized sales dealers.
• Steel Panel Radiators (رادیاتور فولادی پنلی) Steel panel radiators with anti-corrosion polyester powder coating for residential and commercial heating installations; produced with proprietary coating processes.
• Packaged Boilers (پکیج شوفاژ دیواری و زمینی) Wall-mounted and floor-standing packaged boilers for residential and commercial hydronic heating and domestic hot water; sold and supported via the authorized dealer and service agent network.
• Split Air Conditioners (کولر گازی اسپلیت) Wall-mounted split air conditioners sold under the Kazuki (کازوکی), Alterm (آلترم), and IRG sub-brands; available in fixed-speed and energy-saving inverter variants with T3 (tropical) compressors rated for ambient temperatures up to 52-55°C, and up to a 5-year compressor warranty.
• Ducted Split Air Conditioners (داکت اسپلیت) Ducted split air conditioning units designed for concealed installation in commercial and larger residential projects, distributed with the support of the authorized service network.
• Industrial Burners (مشعل گازی، گازوئیلی و دوگانه سوز) Gas, gasoil, and dual-fuel industrial burners with capacities up to 3,000,000 kcal/hr; Iran Radiator is the recognized standard holder for burner products in the Iranian market, with manufacturing carried out at the Rasht production facility.
• Towel Warmers (حوله خشک‌کن) Bathroom towel warmers / heated towel rails for residential bathrooms, sold as part of the heating product line through the authorized dealer network.

Quantifiable outcome

• Inverter AC models reduce electricity consumption by 30-70% compared to fixed-speed models
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Gree Electric Appliances: Gree is one of the world's largest residential AC manufacturers, offering split and duct-split units that compete directly with Iran Radiator's IRG, Kazuki, and Alterm AC sub-brands. Gree actively exports to the Middle East and competes in the same residential and light-commercial capacity tiers (12,000-60,000 BTU).
• Midea Group: Midea manufactures a broad HVAC portfolio including split ACs, duct splits, and heating products under multiple brands, with a strong Middle East presence. It overlaps directly with Iran Radiator's combined heating and cooling offering and competes on price-per-BTU in emerging markets.
• Haier Smart Home: Haier produces split air conditioners and a growing portfolio of home heating/cooling products with established distribution networks across the Middle East. Direct overlap with Iran Radiator's residential AC and split-system product range serving similar buyer profiles.
• Ferroli: Ferroli is an Italian manufacturer of boilers, burners, and radiators with one of the strongest historic presences in the Middle East and Iran. Its heating portfolio (wall-hung boilers, steel panel radiators, gas/oil burners) closely mirrors Iran Radiator's heating-side catalog, making it the most direct international peer.
• Riello Burners: Riello is a leading European manufacturer of gas, oil, and dual-fuel industrial and commercial burners up to multi-megawatt capacities. It directly competes with Iran Radiator's burner line for industrial, commercial, and boiler-integrated heating applications.

Broad incumbents

• Daikin Industries: Daikin is the global HVAC/R leader with a comprehensive product range including split ACs, chillers, and refrigeration. While much larger and more diversified than Iran Radiator, it competes in the same residential and commercial AC categories in the Middle East, including inverter and tropical-rated models.
• Bosch Thermotechnology: Bosch Thermotechnology manufactures gas-fired wall-hung boilers, heat pumps, and HVAC components used in residential and commercial heating — directly overlapping with Iran Radiator's packaged boiler product line. It is a recognized international heating brand with Middle East distribution.
• Vaillant Group: Vaillant manufactures wall-hung boilers, heating systems, and heat pumps across Europe with distribution in the Middle East. It competes with Iran Radiator in residential and commercial heating, particularly in condensing boiler technologies.
• Ariston Group: Ariston Group produces boilers, water heaters, and HVAC components under multiple brands (Ariston, Chaffoteaux, Elco) with established distribution in the Middle East and Iran region. It overlaps with Iran Radiator's packaged boiler and heating-side product line.
• BDR Thermea Group: BDR Thermea is a European heating manufacturer group producing boilers, heat pumps, and radiators under brands such as Baxi, De Dietrich, and Remeha. Comparable to Iran Radiator in the boiler and residential heating categories and active in adjacent Middle East markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iran Radiator