Market research reports, consulting: Global Market Insights Inc.

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Asia Pacific Heat Pump Compressors Market Share

Report ID: GMI6520 Published Date: August 2024Report Format: PDF
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Asia Pacific Heat Pump Compressors Market Share

Asia Pacific Heat Pump Compressors Company Market Share Analysis, 2023

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.

Asia Pacific Heat Pump Compressors Market Companies

Major manufacturers operating across the industry consists of:

  • BITZER
  • Bock GmbH
  • Carrier
  • Copeland LP
  • DAIKIN INDUSTRIES, Ltd.
  • Danfoss
  • Emerson Electric Co.
  • GEA Group Aktiengesellschaft
  • GREE ELECTRIC APPLIANCES, INC.
  • LG Electronics
  • MAYEKAWA MFG. CO., LTD.
  • Midea Group
  • Panasonic Corporation
  • RECHI PRECISION CO., LTD.
  • Secop GmbH
  • Siam Compressor Industry Co., Ltd.
  • Tecumseh Products Company LLC
Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Why is the demand for air source heat pump compressors growing in APAC?+

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.

What is the size of the Asia Pacific heat pump compressors market?+

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.

Why is the demand for scroll heat pump compressors growing in APAC?+

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.

Mention the key players involved in Asia Pacific heat pump compressors industry?+

BITZER, Bock GmbH, Carrier, Copeland LP, DAIKIN INDUSTRIES, Ltd., Danfoss, Emerson Electric Co., GEA Group Aktiengesellschaft, and GREE ELECTRIC APPLIANCES, INC. among others.

Asia Pacific Heat Pump Compressors Market Scope

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