Key players operating across Asia Pacific heat pump coils industry include:
Armstrong International Inc.
Carrier
CIG
Daikin
EVAPCO, Inc.
Hangzhou Shenshi Energy Conservation Technology Co., Ltd.
HPL Technology (Malaysia) Sdn Bhd
Kelvion Holding GmbH
MODINE MANUFACTURING COMPANY
Shanghai Shenglin M&E Technology Co., Ltd
TRANS ELECTRICAL ENGINEERING SDN BHD
TTP – Thermal Transfer Products
Authors:
Ankit Gupta, Manish Dhiman
Frequently Asked Questions (FAQ) :
Asia Pacific market for heat pump coils was worth over USD 1.8 billion in 2023 and will exhibit a 10.5% CAGR from 2024 to 2032, attributed to rising energy efficiency demands and increased government incentives for sustainable HVAC systems.
Asia Pacific heat pump coils industry from the air source segment will cross USD 4 billion by 2032, due to its widespread adoption in residential and commercial applications.
China heat pump coils industry will surpass USD 2.5 billion by 2032, fueled by the expansion of residential and commercial infrastructure, favorable economic conditions, and strict regulations encouraging energy efficiency.
Armstrong International Inc., Carrier, CIG, Daikin, EVAPCO, Inc., Hangzhou Shenshi Energy Conservation Technology Co., Ltd., HPL Technology (Malaysia) Sdn Bhd, Kelvion Holding GmbH, MODINE MANUFACTURING COMPANY, Shanghai Shenglin M&E Technology Co., Ltd, TRANS ELECTRICAL ENGINEERING SDN BHD, and TTP – Thermal Transfer Products, among others.