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Air to Water Heat Pump Market Share

Report ID: GMI5414
Published Date: Jul 2024
Report Format: PDF

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Air to Water Heat Pump Market Share

Air to Water Heat Pump Company Market Share Analysis, 2023

The growing demand for efficient and reliable space heating technologies and hot water to encounter ever-increasing energy consumption along with introduction of stringent standards to encourage energy efficiency will boost the air to water heat pump industry. Moreover, Manufacturers and suppliers have been continuously reorganizing their research and development investments to expand and enhance their product portfolios. Additionally, the industry players are making new investments to integrate sustainable technological platforms, marking a significant breakthrough.

Air to Water Heat Pump Market Companies

Major manufacturers operating across the industry comprising of:

Bosch Thermotechnology Corp.
Carrier Corporation
DAIKIN INDUSTRIES Ltd.
FUJITSU GENERAL LIMITED
Glen Dimplex Group
Guangzhou SPRSUN New Energy Technology Development Co., Ltd.
LG Electronics
NIBE Industrier AB
Panasonic Corporation
SAMSUNG
STIEBEL ELTRON GmbH & Co. KG
Toshiba Air Conditioning
Trane
Vaillant Group
Viessmann
WOLF GmbH

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of air to water heat pump was reached USD 28.7 billion in 2023 and is anticipated to observe 16.8% CAGR through 2032, due to rapid development of the sustainable building infrastructure along with rising population and ongoing urbanization.

The residential application segment in the air to water heat pump industry is set to surpass USD 85 billion by 2032, owing to the rising population coupled with the increase in the hot water and space heating demands.

Asia Pacific air to water heat pump industry size is likely to exceed USD 45 billion by 2032, owing to the rising population and urbanization rate across the region.

Bosch Thermotechnology Corp., Carrier Corporation, DAIKIN INDUSTRIES Ltd., FUJITSU GENERAL LIMITED, LG Electronics, NIBE Industrier AB, Panasonic Corporation, SAMSUNG, Toshiba Air Conditioning, and Viessmann