TICA

What TICA does

TICA (Nanjing TICA Environmental Technology Co., Ltd.) is a privately held Chinese environmental and thermal energy systems manufacturer founded in 1991, headquartered in Nanjing, China, with 1,001-5,000 employees. The company designs, manufactures, and sells HVAC and refrigeration equipment — including chillers (centrifugal, magnetic bearing modular, water-cooled and air-cooled screw), air handling units, VRF systems, data center cooling solutions, low-temperature freezing equipment, and residential heat pumps — alongside thermal energy systems spanning ORC power generation and biomass processing. Technology assets include proprietary EVI two-stage compression, oil-free magnetic bearing chiller technology (via acquired subsidiary SMARDT with R&D in Montreal), Radial Outflow Turbine ORC systems (via EXERGY in Milan), and the TICA Cloud Control and OPTSEEK IoT platforms for remote monitoring, predictive maintenance, and energy diagnostics.

TICA operates five manufacturing bases (Nanjing, Tianjin, Guangzhou, Chengdu, Kuala Lumpur), seven R&D centers (including Osaka, Montreal, Milan), and over 80 sales and service branches across more than 18 countries. The company earns revenue through direct enterprise field sales of hardware, turnkey EPC solutions for hospitals, data centers, clean rooms, and industrial facilities, and managed thermal energy services. Pricing is custom-quoted per project, with no public disclosure. Customer mix is diversified across healthcare (2,440+ hospitals), government, commercial real estate, industrial/electronics manufacturing, and energy sectors, with no dominant single-customer dependency evident. Recent strategic activity has emphasized geographic expansion (Vietnam branch 2025), premium product launches (QILE and TESFU-205 in 2025), and positioning around low-carbon building standards via partnerships with BRE China and TÜV Rheinland.

Name

TICA

Legal name

Nanjing TICA Environmental Technology Co., Ltd.

Website

https://global.tica.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TICA is a privately held Chinese HVAC and thermal energy systems manufacturer founded in 1991, producing chillers, air handling units, VRF systems, data center cooling, and ORC/biomass power systems. It serves enterprise customers in healthcare, government, commercial, and industrial sectors across 18+ countries via 80+ sales branches.

Ownership category

akta.pro rank

Product category

Industrial HVAC Equipment Manufacturing

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

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

akta.pro primary industry

HVAC Equipment (Heating, Cooling & Air Handling) (IMAHAKAB)

akta.pro secondary industries

Chillers & Cooling Plant Equipment (IMAHAKAE), Air Handling Units (AHUs) & Rooftop Units (RTUs) (IMADANAA), Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)

Keywords

• HVAC equipment manufacturing
• Commercial chillers
• Air handling units
• Thermal energy systems
• Data center cooling

Headquarters

HQ city

Nanjing

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVAC Equipment Sales: TICA generates revenue primarily through the sale of central air conditioning equipment including chillers, air handling units, VRF systems, commercial units, and thermal products. The company designs, manufactures, and sells these products globally through its network of sales branches.
2. EPC and System Solutions: TICA provides turnkey engineering, procurement, and construction (EPC) solutions for projects including purification and clean room systems. The company acts as a system integrator delivering comprehensive solutions for hospitals, data centers, and industrial facilities.
3. Thermal Energy Systems: Through subsidiaries EXERGY and SEBIGAS, TICA provides thermal energy solutions including ORC power generation systems and biomass processing systems with EPC capabilities.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

TICA designs, manufactures, and sells HVAC and thermal energy equipment including centrifugal and screw chillers, magnetic bearing modular chillers, air handling units (AHUs), VRF systems, data center cooling solutions, and renewable thermal energy systems (ORC power generation and biomass processing). The company integrates R&D, manufacturing, sales, and service for environment and thermal energy utilization, and also provides turnkey EPC solutions for hospitals, data centers, industrial facilities, and commercial buildings globally.

Product overview

TICA is a professional company integrating R&D, manufacture, sales, and service of environment and thermal energy utilization. The product portfolio spans multiple categories: (1) Chillers including centrifugal, magnetic bearing modular (QILE), water-cooled screw (F/G Series), air-cooled screw, and flooded-type inverter models; (2) Air-Side Units including TICA Air Prowess AHU, TICA Air Pioneer AHU, Standard AHU, DX Air Handling Units, and fan coil units; (3) Commercial Products including modular/ scroll chillers, ducted units, and fresh air systems; (4) VRF Systems; (5) Data Center Products including dry coolers, fan wall units, CRAH/CRAC systems; (6) Thermal Products including PureCycle and EXERGY ORC Power Generation Systems and SEBIGAS Biomass Processing; (7) Household Products including R290 ATW Heat Pump and ARK THERMAL Monobloc; (8) Low-Temperature Freezing solutions. Related brands include SMARDT (magnetic bearing chillers), EXERGY (ORC systems), and SEBIGAS (biomass technology). All products are supported by TICA Cloud Control Platform and OPTSEEK IOT Platform for smart monitoring and management.

Differentiator

Problem solved

Functional benefit

Brands

• SMARDT: Global leader in magnetic bearing chiller technology, part of TICA Group
• TICA THERMAL
• EXERGY
• SEBIGAS
• QILE

Products and services

• TICA Chiller Comprehensive range of chillers including centrifugal, magnetic bearing modular, water-cooled screw, air-cooled screw, and flooded-type inverter models for commercial and industrial cooling applications.
• TICA Air-Side Unit Air handling units including TICA Air Prowess AHU, TICA Air Pioneer AHU, Standard AHU, DX Air Handling Units, and fan coil units for commercial and residential HVAC applications.
• TICA Commercial Products Commercial air conditioning solutions including modular air-cooled chillers, inverter air-cooled chillers, scroll chillers, ducted air conditioners, cassette units, duct units, and fresh air purification systems for commercial buildings.
• VRF System Variable Refrigerant Flow (VRF) HVAC systems for commercial and residential buildings, providing efficient and flexible climate control solutions.
• TICA Data Center Products Specialized cooling solutions for data centers including dry coolers, fan wall units, indirect evaporative cooling units, CRAH/CRAC systems, and free cooling air cooled screw chillers.
• TICA Thermal Products Thermal energy products including PureCycle Standard ORC Power Generation System, EXERGY Customized ORC Power Generation System, and SEBIGAS Biomass Processing System for renewable energy applications.
• SMARDT Magnetic Bearing Chillers Oil-free centrifugal chillers with magnetic bearing technology, known for high efficiency, IPLV up to 11.3, and maintenance-free operation for commercial HVAC applications.
• EXERGY ORC Power Generation Systems Organic Rankine Cycle (ORC) integrated power generation systems with proprietary Radial Outflow Turbine for geothermal, waste heat recovery, biomass, and concentrated solar power applications.
• SEBIGAS Biomass Processing System Biomass technology solutions offering biotechnology and comprehensive integrated engineering and turnkey (EPC) total solutions for biomass utilization.
• TICA Household Products Residential HVAC products including R290 ATW Heat Pump and ARK THERMAL Monobloc ATW Heat Pump for home heating and hot water solutions.
• TICA Low-Temperature Freezing Solutions Industrial refrigeration solutions including water-cooled screw chillers for medium-to-low temperature applications in food processing, cold storage, and industrial cooling.
• QILE Magnetic Bearing Modular Centrifugal Chiller Oil-free magnetic bearing modular centrifugal chiller with IPLV up to 11.3, delivering up to 35% energy savings, 50% smaller footprint, scalable from 200RT to 1600RT. Features compact design for elevator transport and OPTSEEK IOT Platform integration.
• TESFU-205 Integrated Evaporative Cooling Chiller Integrated evaporative cooling chiller recognized with the Red Dot Award: Product Design 2025, combining performance, functionality, innovation, and aesthetic quality.
• Water-Cooled Screw Chiller - F Series Compact water-cooled flooded screw chiller with TWSF-FC1 model, cooling capacity 387-1782kW, EER up to 6.1, IPLV over 7.29. Features German patented high-efficiency compressor, AHRI and CRAA certified.
• Water-Cooled Screw Chiller - G Series Industrial-grade water-cooled screw chiller with 100,000-hour bearing service life, volumetric efficiency up to 98%, cooling capacity 165-550RT. Features adaptive intelligence for real-time operation adjustment.

Quantifiable outcome

• 35% energy savings compared to traditional screw or centrifugal chillers
• +7 more outcomes

Named customers25 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature10 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Energy Development Corporation (EDC)coreStrategic or Co-development Partner · 15 March 2021EXERGY, a part of TICA Corporation, signed a contract with EDC for supply of ORC binary system for the Mindanao 3 geothermal brine recovery plant in the Philippines. The project generates 3.6 MWe additional power from existing geothermal fields and helps save 16,000 tons CO2 emission per year.
• CLASP (Collaborative Labeling and Appliance Standards Program)coreStrategic or Co-development PartnerCLASP delegation visited TICA to discuss energy conservation innovations. CLASP is committed to standardizing energy efficiency for products in third-world countries. The delegation expressed appreciation for TICA's 30+ years of green development experience and recognized TICA's efficient product R&D and low-GWP product promotion.
• PT. Trias Inti Mitra Sejati (TIMS)coreChannel Partner/ Reseller/ DistributorIndonesia distributor TIMS visited TICA Malaysia factory in June 2023, expressing strong interest in expanded collaboration. TIMS has been a key channel partner for TICA products in Indonesia, handling distribution of AHU, oil-free chillers, water-cooled packaged units, and heat pumps.
• SMARDTcoreTechnology or IntegrationSMARDT is a global leader in chillers with recognition of its most advanced magnetic bearing technology. As a related brand of TICA Air Conditioning division, SMARDT provides oil-free magnetic bearing centrifugal chillers to TICA's product portfolio.
• EXERGYcoreTechnology or IntegrationEXERGY is a part of TICA Thermal Energy Division offering efficient solutions for integrated power generation systems for geothermal, waste heat recovery, biomass, and concentrated solar power applications. Headquartered in Milan, Italy, with proprietary Radial Outflow Turbine technology.
• BRE ChinaminorStrategic or Co-development PartnerBRE China participated in the Three Zeros Demonstration Scenario Technology Integration and Smart Digital Platform initiative with TICA at Shanghai Climate Week 2025, along with TÜV Rheinland Energy & Industry and other partners.
• TÜV Rheinland Energy & IndustryminorStrategic or Co-development PartnerTÜV Rheinland joined TICA in launching the Three Zeros Demonstration Scenario Technology Integration and Smart Digital Platform Public Welfare Initiative at Shanghai Climate Week 2025.
• Western International GroupcoreStrategic or Co-development PartnerTICA kicked off EPC project with Western International Group, representing a significant milestone in project partnerships.
• Saudi AramcominorStrategic or Co-development PartnerMushabab Qahtani, China Region Head of Saudi Aramco, expressed interest in visiting TICA and welcomed TICA's entry into the Middle Eastern market, particularly related to new infrastructure projects in Saudi Arabia.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Trane Technologies: Global HVAC leader with the Trane commercial brand in centrifugal and screw chillers, VRF, and controls; directly competes with TICA's QILE and SMARDT magnetic-bearing portfolio in data center and commercial segments worldwide.
• Lennox International: U.S.-headquartered HVAC manufacturer focused on commercial refrigeration, chillers, and air handlers; competes with TICA in light commercial and applied cooling, particularly in the Americas and Europe.
• Carrier Global: Inherited Carrier and Carrier HVAC from United Technologies; one of the largest chiller and applied HVAC manufacturers globally and a head-to-head competitor to TICA in commercial chillers, AHUs, and data center cooling.
• Midea Group: Diversified Chinese appliance and HVAC giant (Midea Industrial City) producing chillers, VRF, and residential AC under its own brand and via subsidiary Clivet; competes head-on with TICA in both commercial chillers and global project segments.
• Daikin Industries: Global market leader in HVAC, refrigerants, and inverter compressors; directly competes with TICA in chillers and VRF globally, and is the principal global benchmark TICA is being measured against on efficiency and magnetic-bearing technology.
• Johnson Controls (York): Owns the York brand — historically the inventor of the centrifugal chiller — and competes directly with TICA in applied chillers, AHUs, and building controls across data center and industrial segments.
• Mitsubishi Electric: Large Japanese HVAC/chiller manufacturer with strong VRF, centrifugal chiller, and building systems business; competes with TICA across Asia, the Middle East, and selected global projects.
• Gree Electric Appliances: China's largest central air-conditioning and HVAC manufacturer; directly competes with TICA in chillers, AHUs, and residential heat pumps, and currently leads the Chinese central AC market that TICA also contests for the #1 slot in water-cooled screw and air-side categories.

Emerging players

• Ormat Technologies: U.S.-listed geothermal and recovered-energy power generation company; comparable to EXERGY's geothermal ORC portfolio (442 MWe installed) and competes for the same geothermal brine-recovery and waste-heat project pipeline.
• Turboden (GE Vernova): Italian ORC turbine specialist (now part of GE Vernova) focused on geothermal, biomass, waste heat, and CSP — the most direct competitor to TICA's EXERGY ORC franchise globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• Facebookfacebook.com/TICAGlobal
• LinkedInlinkedin.com/company/tica-global

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

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 TICA