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Key players in the Asia Pacific heat pump compressors industry are aiming toward unveiling new technologies, product launches, manufacturing facilities expansion, making collaborative agreements, partnerships aiming for mergers & acquisitions, to enhance their market presence over the others. Major manufacturers including MAYEKAWA MFG. CO., LTD., Panasonic Corporation, DAIKIN INDUSTRIES, LTD., LG Electronics, GREE ELECTRIC APPLIANCES, INC., and Carrier, among others holds majority of the market share.
Major manufacturers operating across the industry consists of:
The air source segment in the Asia Pacific heat pump compressors market is anticipated to surpass USD 14 billion by 2032, due to the increasing demand for efficient space heating & hot water technologies.
Asia Pacific market for heat pump compressors was worth over USD 6.1 billion in 2023 and is projected to attain 10.5% CAGR through 2032, owing to the rising demand for reliable and efficient heating & cooling technologies.
The scroll segment from the Asia Pacific heat pump compressors market is anticipated to witness over 12% CAGR through 2032, driven by the growing emphasis toward adoption of energy efficient heat pump systems.
BITZER, Bock GmbH, Carrier, Copeland LP, DAIKIN INDUSTRIES, Ltd., Danfoss, Emerson Electric Co., GEA Group Aktiengesellschaft, and GREE ELECTRIC APPLIANCES, INC. among others.