Air Source Heat Pump Market Size & Share, by Type (Air-to-Air, Air-to-Water), End User (Residential, Commercial, Industrial) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5428
  • Published Date: Nov 30, 2023
  • Report Format: PDF, PPT

Companies Dominating the Air Source Heat Pump Market

    • Daikin Industries, Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Mitsubishi Electric Corporation
    • Carrier Global Corporation
    • Panasonic Corporation
    • LG Electronics Inc.
    • Trane Technologies plc
    • NIBE Industrier AB
    • Fujitsu General Limited
    • Viessmann Werke GmbH & Co. KG
    • Bosch Thermotechnology Corp.

Browse Key Market Insights with Data Illustration:


In The News

  • Carrier acquired Guangdong Giwee Group, a China-based HVAC manufacturer, for approximately USD 1.4 billion. The acquisition expanded Carrier's presence in the Chinese market and strengthened its portfolio of HVAC products and solutions.
  • Carrier announced plans to acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, a German-based heating, ventilation, and air conditioning (HVAC) manufacturer, for USD 12 billion. The acquisition is expected to close in the first half of 2023 and will create a global leader in intelligent climate and energy solutions.

Author Credits:  Payel Roy, Dhruv Bhatia

  • Report ID: 5428
  • Published Date: Nov 30, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for industrial sector is the major factor driving the market growth.

The market size of air source heat pump is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024-2036.

The major players in the market Daikin Industries, Ltd., Mitsubishi Electric Corporation, Carrier Global Corporation, Panasonic Corporation, LG Electronics Inc., Trane Technologies plc, and others.

The industrial segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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