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Air to Air Heat Pump Market Size

Report ID: GMI5938
   |
Published Date: October 2024
 | 
Report Format: PDF

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Air to Air Heat Pump Market Size

The global air to air heat pump market was valued at USD 19 billion in 2023 and is set to grow at CAGR of 9.7% from 2024 to 2032. Increasing adoption of energy-efficient systems coupled with rising need for effective heating and cooling solutions across residential and commercial establishments is complementing the industry landscape. Ongoing expansion of building infrastructure along with replacement of traditional heating and cooling systems to environmentally friendly alternatives, with an aim to decrease carbon emissions will augment the product deployment.

 


Stringent regulatory landscape to limiting carbon emissions and favorable initiatives toward enhancing the energy efficiency of building infrastructure will positively influence the industry dynamics. For instance, in September 2024, the California Energy Commission has implemented revisions to the state's Building Energy Efficiency Standards, also known as the Energy Code, for 2025. These modifications are expected to yield significant benefits, including USD 4.8 billion in energy cost reductions, a decrease in greenhouse gas emissions of about 4 million metric tons, and improvements in the climate resilience and comfort of residential and commercial structures.
 

Authors: Ankit Gupta, Divyendu Sharma
Frequently Asked Question(FAQ) :
Who are the major players in the air-to-air heat pump market?
Key industry players include AAON, American Standard Heating and Air Conditioning, Bard HVAC, Bosch Thermotechnology, Carrier, Daikin, Fujitsu General, GREE Comfort, LG Electronics, Lennox, MRCOOL, Napoleon, Panasonic, Rheem, Samsung, Stiebel Eltron, and Trane.
What is the projected size of the U.S. air-to-air heat pump market?
What is the growth rate of the single-family application segment?
Why is the ducted segment growing?
How big is the air-to-air heat pump market?

Report Content

Chapter 1   Methodology & Scope

1.1    Market definition

1.2    Base estimates & calculations

1.3    Forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid

1.4.2.2    Public

Chapter 2   Executive Summary

2.1    Industry 3600 synopsis, 2021 - 2032

Chapter 3   Industry Insights

3.1    Industry ecosystem analysis

3.2    Regulatory landscape

3.3    Industry impact forces

3.3.1    Growth drivers

3.3.2    Industry pitfalls & challenges

3.4    Growth potential analysis

3.5    Porter's analysis

3.5.1    Bargaining power of suppliers

3.5.2    Bargaining power of buyers

3.5.3    Threat of new entrants

3.5.4    Threat of substitutes

3.6    PESTEL analysis

Chapter 4   Competitive Landscape, 2024

4.1    Introduction

4.2    Strategic outlook

4.3    Innovation & sustainability landscape

Chapter 5   Market Estimates and Forecast, By Product ('000 Units and USD Million)

5.1    Key trends

5.2    Ducted

5.3    Ductless

Chapter 6   Market Estimates and Forecast, By Application ('000 Units and USD Million)

6.1    Key trends

6.2    Residential

6.2.1    Single family

6.2.2    Multi family

6.3    Commercial

Chapter 7   Market Estimates and Forecast, By Region ('000 Units and USD Million)

7.1    Key trends

7.2    North America

7.2.1    U.S.

7.2.2    Canada

7.3    Europe

7.3.1    Austria

7.3.2    Norway

7.3.3    Denmark

7.3.4    Finland

7.3.5    France

7.3.6    Germany

7.3.7    Italy

7.3.8    Switzerland

7.3.9    Spain

7.3.10   Sweden

7.3.11   UK

7.3.12   Netherlands

7.4    Asia Pacific

7.4.1    China

7.4.2    Japan

7.4.3    Australia

7.4.4    South Korea

7.5    Middle East & Africa

7.5.1    Saudi Arabia

7.5.2    Turkey

7.5.3    South Africa

7.6    Latin America

7.6.1    Brazil

7.6.2    Mexico

7.6.3    Argentina

Chapter 8   Company Profiles

8.1    AAON

8.2    American Standard Heating and Air Conditioning

8.3    Bard HVAC

8.4    Bosch Thermotechnology

8.5    Carrier

8.6    Daikin

8.7    Fujitsu General

8.8    GREE Comfort

8.9    LG Electronics

8.10    Lennox

8.11    MRCOOL

8.12    Napoleon

8.13    Panasonic

8.14    Rheem

8.15    Samsung

8.16    Stiebel Eltron

8.17   Trane

 

Authors: Ankit Gupta, Divyendu Sharma
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Premium Report Details

Base Year: 2023

Companies covered: 17

Tables & Figures: 32

Countries covered: 24

Pages: 95

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