modine hvac

What modine hvac does

Modine HVAC is the residential and building heating, ventilation, and air-quality brand of Modine Manufacturing Company (NYSE: MOD), a publicly traded thermal management company founded in 1916 and headquartered in Racine, Wisconsin. The brand supplies a comprehensive HVAC equipment lineup — gas-fired, electric, hydronic, and oil-fired unit heaters, infrared heaters, convector units, ceiling cassettes, destratification fans, unit ventilators, duct furnaces, make-up air systems, and controls — serving commercial, industrial, residential, agricultural, restaurant/hospitality, and sports/recreation end markets. Manufacturing and sales operations span North America, South America, Europe, and Asia.

The product portfolio is anchored by proprietary thermal technologies: Effinity™ condensing gas-fired unit heaters with thermal efficiencies up to 97% using AL29-4C® stainless steel secondary recuperative heat exchangers; separated combustion systems for contaminated or negative-pressure environments; the Atherion energy-recovery wheel delivered through a partnership with Airxchange; bipolar ionization for indoor air quality; and a controls portfolio offering optional factory-installed Building Management System (BMS) integration for commercial and institutional facilities.

Revenue is generated predominantly through hardware sales distributed across a multi-channel architecture: direct e-commerce via authorized internet retailers (Ferguson Home, HVAC Direct, QC Supply, NorthStock, SupplyHouse, MOR Electric Heating), an Authorized Contractor Program offering exclusive warranties and lead referrals for residential installations, regional distributor networks serving enterprise customers, and direct global sales operations. The parent company reported fiscal 2018 revenues of $2.1 billion across three business units (Vehicular Thermal Solutions, Commercial & Industrial Solutions, and Building HVAC Systems), with the Modine HVAC brand operating primarily within the Building HVAC Systems unit and portions of the Commercial & Industrial Solutions unit.

Name

modine hvac

Legal name

Modine Manufacturing Company

Website

https://modinehvac.com

Company type

Public

Founded year

1916

Operating status

Operating

Short description

Modine HVAC, a brand of publicly traded Modine Manufacturing Company (NYSE: MOD), designs and manufactures heating, ventilation, and air-quality equipment for residential, commercial, industrial, agricultural, and hospitality markets across North America, South America, Europe, and Asia.

Ownership category

akta.pro rank

Product category

HVAC Equipment Manufacturing

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

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

akta.pro secondary industries

Heat Exchangers, Coils & Hydronic HVAC Components (IMADANAF), HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

Keywords

• Unit heaters
• HVAC manufacturing
• Commercial heating
• Infrared heaters
• Industrial ventilation

Headquarters

HQ city

Racine

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. HVAC Equipment Sales: Modine generates revenue primarily through the sale of HVAC equipment including gas-fired unit heaters, electric unit heaters, hydronic unit heaters, infrared heaters, and related products. Products are sold through distributors, internet retailers, and direct channels.
2. Professional Services: Revenue from authorized contractor programs, installation services through certified contractors, and related professional services.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Modine HVAC manufactures and sells a comprehensive line of heating, cooling, ventilation, and indoor air quality equipment for residential, commercial, industrial, agricultural, restaurant/hospitality, and sports/recreation applications. Core offerings include gas-fired, electric, hydronic, and oil-fired unit heaters; infrared radiant heaters; convector units; ceiling cassettes; destratification fans; unit ventilators; duct furnaces; make-up air systems; and HVAC controls with optional BMS integration.

Product overview

Modine HVAC offers a comprehensive portfolio of heating, cooling, and ventilation solutions primarily focused on commercial, industrial, agricultural, and residential applications. The product lineup centers on multiple unit heater series (gas-fired, electric, hydronic, and oil-fired) that provide targeted space heating, supplemented by infrared heaters for radiant heating applications. Additional offerings include convector units, ceiling cassettes, destratification fans, unit ventilators, duct furnaces, and make-up air systems. The company also provides Controls products with optional BMS (Building Management System) integration. Modine's heating solutions are designed for diverse environments including commercial warehouses, industrial facilities, greenhouses, agricultural buildings, restaurants, sports facilities, and residential garages/workshops.

Differentiator

Problem solved

Functional benefit

Brands

• Modine HVAC: A brand of Modine Manufacturing Company specializing in heating, cooling and ventilation systems solutions for residential, commercial, industrial and agricultural applications.

Products and services

• Gas-Fired Unit Heaters (HD/HDB, PDP/BDP, PTP/BTP, PTX/BTX, PTC/BTC, HDS/HDC series) A comprehensive line of natural gas and propane unit heaters including multiple series (HD/HDB, PDP/BDP, PTP/BTP, PTX/BTX, PTC/BTC, HDS/HDC) designed for residential, commercial, and industrial heating applications ranging from 30 to 400 MBH.
• Amp Dawg™ Electric Unit Heaters (AMP Series) Clean, efficient all-electric heating solutions including the Amp Dawg series (5.7 kW and 9.0 kW) with quiet operation and simple installation for residential and light commercial spaces.
• Hot Dawg® H₂O Hydronic Unit Heaters (HHD Series) Water/steam-based heating units including the Hot Dawg H2O series (8.9 to 66.3 MBH) that integrate with existing boiler systems, ground source heat pumps, or water heaters.
• Oil-Fired Unit Heaters Reliable and efficient oil-fired heating solutions for areas where alternative fuels may be unavailable or inconsistent.
• Infrared Heaters (MEQ, MEL, MES, OHP, IPT, MRS/MRL, IHR series) Gas-fired and electric infrared heaters including MEQ (high-intensity low-light electric), MEL (medium-wave electric), MES (no-light electric), OHP (high-intensity gas), IPT (low-intensity gas), MRS/MRL (low-intensity gas tube), and IHR (high-intensity indoor gas) series delivering radiant heat for residential, commercial, industrial, and outdoor settings.
• Hydronic Convectors (SL/SF/FL/PL Series) Quiet, efficient hydronic heating in slim architectural designs for schools, offices, and commercial interiors, available in 8 model sizes from 24 to 64 inches in length.
• Ceiling Cassettes Ceiling-mounted heating and cooling units for commercial and residential applications.
• Destratification Fans Fans designed to reduce temperature stratification in large spaces by circulating air vertically to maintain consistent temperatures.
• Unit Ventilators Ventilation units providing fresh air circulation and temperature control for commercial and educational facilities.
• Duct Furnaces (DFG Series) Indoor gravity-vented gas-fired duct furnaces with 100 to 400 MBH capacity relying on natural draft for proper venting.
• Controls (with optional BMS integration) HVAC control systems including factory-installed BMS (Building Management System) integration options for monitoring and managing heating systems.
• Make-Up Air Systems Systems that replace exhausted air with conditioned outdoor air to maintain proper ventilation and air balance in commercial and industrial facilities.

Quantifiable outcome

• Up to 97% thermal efficiency with Effinity™ condensing technology
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• AirxchangecoreStrategic or Co-development PartnerModine and Airxchange partnership offers efficient, high-performance HVAC systems combining Modine's heating products with Airxchange's energy recovery technology for top energy efficiency in commercial and institutional applications.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Lennox International: Lennox is a broad-line HVAC manufacturer offering residential, commercial, and industrial heating and cooling systems, including unit heaters that directly compete with Modine's commercial portfolio, but Lennox's portfolio also spans full split systems, chillers, and refrigeration that Modine does not offer.
• Carrier Global: Carrier is a globally diversified HVAC manufacturer with commercial, industrial, and residential solutions. Carrier's commercial heating products and controls overlap with Modine's portfolio, though Carrier operates at substantially larger scale and broader product breadth.
• Trane Technologies: Trane Technologies is a global HVAC leader with commercial and industrial unit heaters, chillers, and building automation systems that compete with Modine's commercial and industrial product lines, though Trane's portfolio is far broader and includes large-tonnage systems Modine does not address.
• Daikin Applied: Daikin Applied is a global HVAC manufacturer with commercial heating, ventilation, and air handling systems that compete with Modine's commercial portfolio, particularly in rooftop units and chillers where Daikin's scale exceeds Modine's.

Direct peers

• AAON: AAON manufactures high-efficiency HVAC units including unit heaters, air handling units, and heat recovery equipment for commercial and industrial applications, directly competing with Modine's commercial/industrial heating and ventilation offerings.
• Heat-Wave (a brand of Enerco): Enerco/Heat-Wave manufactures infrared and forced-air unit heaters for commercial, industrial, and residential applications, overlapping with Modine's infrared heater and unit heater product lines in similar channels.
• Reznor (a brand of Nortek Global HVAC): Reznor is a direct competitor to Modine HVAC in gas-fired and oil-fired unit heaters for commercial and industrial spaces, with a nearly identical product portfolio including power-vented and separated combustion models targeting the same contractor and distributor channels.
• Roberts Gordon (a brand of Beijer Ref): Roberts Gordon specializes in infrared tube heaters and unit heaters for commercial, industrial, and agricultural applications, directly competing with Modine's infrared heater and unit heater product lines across the same customer segments.

Emerging players

• Bosch Thermotechnology: Bosch Thermotechnology manufactures heating and hot water solutions including hydronic and heat pump systems that overlap with Modine's hydronic and electric heating offerings, particularly in residential and light-commercial markets.
• Watts Radiant / Uponor: Watts and Uponor manufacture hydronic heating components and systems that overlap with Modine's hydronic unit heaters and convectors, particularly for residential and commercial applications integrating with boilers and heat pumps.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/modinehvac

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 modine hvac