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Asia Pacific Variable Speed Heat Pump Market Share
Key industry players are solidifying their market presence through strategic collaborations, partnerships, and mergers & acquisitions, actively seeking avenues for growth and expansion. Trane, Carrier, Johnson Controls, GE Appliances and Guangzhou SPRSUN New Energy Technology Development Co., Ltd. accounts for the leading market share across the Asia Pacific variable speed heat pump industry.
Asia Pacific Variable Speed Heat Pump Market Companies
Some of the major key players operating across the industry are:
- AusGeothermal
- Australian Energy Systems
- Bosch Thermotechnology Corp.
- Carrier
- Daikin
- GE Appliances
- GUANGDONG EXINDA TECHNOLOGY CO.,LTD
- Guangzhou SPRSUN New Energy Technology Development Co., Ltd.
- Hayward Industries, Inc.
- Johnson Controls
- Midea
- Panasonic Corporation
- SAMSUNG
- SUNRAIN Co., Ltd.
- Trane
What is the size of Asia Pacific variable speed heat pump market?
Asia Pacific market for variable speed heat pump was reached USD 21.5 billion in 2023 and is anticipated observe a growth rate of over 10.8% through 2032, driven by the increasing demand for efficient space heating & cooling technologies.
Why is the demand of residential variable speed heat pumps growing in Asia Pacific?
Residential variable speed heat pump segment in Asia Pacific market is projected to surpass USD 43 billion by 2032, on account of the rapidly rising population with demand for housing infrastructure.
Why is China variable speed heat pump industry expanding?
China variable speed heat pump market is set to reach USD 32 billion by 2032, strengthened by its large population, rapid urbanization, and government support for energy-efficient technologies.
Who are the key players involved in Asia Pacific variable speed heat pump market?
AusGeothermal, Australian Energy Systems, Bosch Thermotechnology Corp., Carrier, Daikin, GE Appliances, GUANGDONG EXINDA TECHNOLOGY CO., LTD., Guangzhou SPRSUN New Energy Technology Development Co., Ltd., Hayward Industries, Inc., and Johnson Controls.