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Asia Pacific Industrial Heat Pump Market Share

Report ID: GMI6429
Published Date: Aug 2023
Report Format: PDF

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Asia Pacific Industrial Heat Pump,Market Share

Asia Pacific industrial heat pump market has observed various large-scale manufacturers delivering advanced product line across different geographies & verticals along with a significant number of small players operating at the national or regional levels. The industry has witnessed continuous expansion activities with introduction of new locations across emerging economies to boost their geographical footprint and enhance the customer base. The key participants operating across the industry include :

GUANGDONG MACON NEW ENERGY TECHNOLOGY CO., LTD,

GEA Group Aktiengesellschaft
MAN Energy Solutions
Johnson Controls
Carrier
Guangdong PHNIX Eco-energy Solution Ltd.
Atlas Copco AB
Suntec Energy Systems
Clade Engineering Systems Ltd
Piller Blowers & Compressors GmbH
BROAD Group
World Energy
Thermax Limited
MAYEKAWA AUSTRALIA PTY LTD.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market for Asia Pacific industrial heat pump was reached USD 480 million in 2023 and is projected to observe a growth rate of 5.8% through 2032, owing to focus on minimizing the carbon footprint.

Air source industrial heat pump market segment in Asia Pacific is predicted to observe substantial expansion through 2032, on account of the growing integration of the product to deliver space heating and cooling for factories, large establishments, and other industrial processes requiring advanced temperature control.

China industrial heat pump industry was valued at over USD 223 million in 2022 and is set to observe positive upsurge over 2023-2032, backed by the rising urbanization & industrialization, growing energy consumption, paradigm shift towards low carbon alternatives, and mounting investments in heavy-duty energy-intensive industrial infrastructure.

MAN Energy Solutions, Johnson Controls, Carrier, Guangdong PHNIX Eco-energy Solution Ltd., Atlas Copco AB, Suntec Energy Systems, Clade Engineering Systems Ltd, Piller Blowers & Compressors GmbH, BROAD Group, World Energy, Thermax Limited, and MAYEKAWA AUSTRALIA PTY LTD.