Insights

Growing Revenue Streams Carel's impressive revenue growth of over 19% in 2023 highlights a strong market demand for its control solutions, presenting opportunities to target expanding sectors within HVAC, refrigeration, and building automation markets.

Global Market Expansion With operations in over 75 countries and extensive sales networks across the Americas, Asia Pacific, Africa, and Europe, there is significant potential to identify regional partners and customers that can benefit from Carel's innovative control systems.

Sustainability Focus Carel’s investment in energy-efficient technologies and sustainable manufacturing practices, such as photovoltaic systems and energy-saving control solutions, positions it as a preferred partner for clients seeking to enhance their environmental credentials.

Innovation and R&D Leadership The company's substantial investment in R&D and advanced research laboratories presents an opportunity to introduce new, cutting-edge products and solutions to customers prioritizing technological innovation and high performance in control systems.

Industry Collaboration Recent collaborations with clients like Desmon and the launch of specialty products such as the CO2 electronic expansion valve indicate a tailored approach to serving high-value sectors like medical, scientific, and industrial applications, opening avenues for targeted sales strategies.

CAREL Tech Stack

CAREL uses 8 technology products and services including Qlik, SOLIDWORKS, OneTrust, and more. Explore CAREL's tech stack below.

  • Qlik
    Business Intelligence
  • SOLIDWORKS
    Cad & Graphics
  • OneTrust
    Cookie Compliance
  • SQL
    Database
  • WebStorm
    Integrated Development Environments
  • karriere.at
    Job Board Software
  • SAP Maintenance, Repair, and Overhaul
    Operations
  • Dynatrace RUM
    Real User Monitoring

Media & News

CAREL's Email Address Formats

CAREL uses at least 1 format(s):
CAREL Email FormatsExamplePercentage
First.Last@carel.comJohn.Doe@carel.com
81%
FirstL@carel.comJohnD@carel.com
18%
First.Middle@carel.comJohn.Michael@carel.com
1%

Frequently Asked Questions

Where is CAREL's headquarters located?

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CAREL's main headquarters is located at Via dell’Industria, 11 Brugine (PD), Italy 35020 IT. The company has employees across 6 continents, including EuropeNorth AmericaAsia.

What is CAREL's phone number?

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You can contact CAREL's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is CAREL's stock symbol?

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CAREL is a publicly traded company; the company's stock symbol is 0YQA.L.

What is CAREL's official website and social media links?

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CAREL's official website is carel.com and has social profiles on LinkedIn.

How much revenue does CAREL generate?

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As of October 2025, CAREL's annual revenue is estimated to be $566M.

What is CAREL's SIC code NAICS code?

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CAREL's SIC code is 3585 - Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment NAICS code is 335 - Electrical Equipment, Appliance, and Component Manufacturing.

How many employees does CAREL have currently?

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As of October 2025, CAREL has approximately 1.3K employees across 6 continents, including EuropeNorth AmericaAsia. Key team members include Chief Solutions Marketing Officer: M. M.Chief Firmware Engineer: E. Z.Chief Accountant: D. V.. Explore CAREL's employee directory with LeadIQ.

What industry does CAREL belong to?

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CAREL operates in the Appliances, Electrical, and Electronics Manufacturing industry.

What technology does CAREL use?

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CAREL's tech stack includes QlikSOLIDWORKSOneTrustSQLWebStormkarriere.atSAP Maintenance, Repair, and OverhaulDynatrace RUM.

What is CAREL's email format?

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CAREL's email format typically follows the pattern of First.Last@carel.com. Find more CAREL email formats with LeadIQ.

When was CAREL founded?

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CAREL was founded in 1973.
CAREL

CAREL

Appliances, Electrical, and Electronics ManufacturingItaly, Italy1001-5000 Employees

CAREL is a world leader in control solutions for air-conditioning, refrigeration and heating, and systems for humidification and evaporative cooling. Our products are designed to bring energy savings and reduce the environmental impact of machinery and systems. Our solutions are used in commercial, industrial and residential applications.
Founded in 1973, CAREL in 2023 has consolidated sales of  more than 650.2 million euros (19.3% more than in 2022). Around 80% of sales are from exports, through an extensive sales and customer support network. Specifically, we have operations in the Americas (North, Central and South), Asia Pacific, Africa and Europe; we have 38 subsidiaries and 15 production sites, in addition to partners and distributors in a further 75 countries.
We serve more than 4,000 customers, with 6,200 active products and annual production of more than 7 million units. 
Research & Development are the heart of our commitment. A total of 5% of consolidated sales is reinvested in R&D in order to anticipate customer needs and supply advanced solutions. A further 4% of sales is regularly invested in production process technology, so as to ensure ongoing improvement and growth. CAREL also operates two research laboratories, one focused on thermodynamics and the other on humidification, true points of excellence in their respective fields.
Out of the Group’s more than 2,000 staff, 13.5% are employed in Research & Development, a number that reaches almost 25% when considering the designers and technical personnel working at our Italian headquarters. 
Training is another area where we devote significant resources, applied to all areas of the company with the aim of developing our personnel, both in terms of soft skills and technical competencies.

Section iconCompany Overview

Headquarters
Via dell’Industria, 11 Brugine (PD), Italy 35020 IT
Phone number
Website
carel.com
SIC Code
3585 - Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment
Stock Symbol
0YQA.L
NAICS Code
335 - Electrical Equipment, Appliance, and Component Manufacturing
Founded
1973
Employees
1001-5000

Section iconFunding & Financials

  • $1B$10B

    CAREL's revenue is estimated to be in the range of $1B$10B

Section iconFunding & Financials

  • $1B$10B

    CAREL's revenue is estimated to be in the range of $1B$10B

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