Asia Pacific Reversible Heat Pump Market Trends

Asia Pacific reversible heat pump industry is expected to grow on account of increasing adoption of advanced technologies, rising environmental concerns, and implementation of stringent energy efficiency standards. Regulatory mandates for energy-efficient technologies, coupled with a growing preference for modern heating and cooling systems over traditional solutions, are shaping the market dynamics. For instance, in April 2024, China's Standardization Administration introduced mandatory national standards for minimum energy efficiency values and grades for heat pumps. This new standard will replace four existing standards for various types of heat pumps, including water-source and low ambient temperature air source models.