This Research Note examines the emerging strategic priorities of Carrier Global Corporation in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article is intended as a non-exhaustive indicator of Carrier’s strategic direction between January 2020 and December 2022.  Carrier Global Corporation was established as an independent public company, following its spinoff from United Technologies Corp in April 2020. The business is one of the top three global HVAC equipment manufacturers, with a portfolio which also includes fire and security products and building automation solutions and services. Carrier recently established a corporate venture capital unit, Carrier Ventures in February 2022. Focused on next-generation technology, high-growth potential and sustainability, Carrier is aiming to build a portfolio of companies that will contribute to decarbonizing buildings and creating healthier, safer environments. In total, our […]