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Asia Pacific Ductless Heat Pump Market Share

Report ID: GMI6568
Published Date: Aug 2023
Report Format: PDF

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Asia Pacific Ductless Heat Pump Market Share

Prominent manufacturers in the ductless heat pump market are strategically prioritizing activities such as product launches, mergers, agreements, and contracts to gain a competitive advantage. They recognize that the introduction of innovative solutions, capacity expansion, and enhancements in current treatment technologies will not only enhance profitability but also help them secure a larger market share.:

DAIKIN INDUSTRIES, Ltd
Trane
Carrier
FUJITSU GENERAL LIMITED
SAMSUNG
Johnson Controls,
Lennox International Inc
Gree Electric Appliances
Panasonic Corporation
Rheem Manufacturing Company
Bosch Thermotechnology Corp
Blue Star Limited

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size for ductless heat pump in APAC was reached USD 3.1 billion in 2023 and is set to record over 5% CAGR from 2024 to 2032.

The residential heat pump market in Asia Pacific is anticipated to grow at a rate of over 6.4% through 2032, owing to the growing urban population coupled with stringent mandates from the government toward energy conservation.

China ductless heat pump market size surpassed USD 1.7 billion in 2022 and will witness substantial growth through 2032, due to the government support for the transition towards energy security and low carbon operations.

DAIKIN INDUSTRIES, Ltd., Trane, Carrier, FUJITSU GENERAL LIMITED, SAMSUNG, Johnson Controls, Lennox International Inc., Gree Electric Appliances, Inc., Panasonic Corporation, Rheem Manufacturing Company, Bosch Thermotechnology Corp., Blue Star Limited.