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Europe Ducted Heat Pump Market Share

Report ID: GMI6589
Published Date: Aug 2023
Report Format: PDF

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Europe Ducted Heat Pump Market Share

Major manufacturers operating across the Europe ducted heat pump market are focusing on strategic alliances and collaborations to gain a competitive edge over the others. Introduction of enhanced technologies and advance technological components by the eminent players has led to the positive business dynamics. Some of the prominent industries operative in the market includes,:

Trane
Danfoss
Daikin
Carrier
SAMSUNG
Bard HVAC
Mitsubishi Electric Corporation
Bosch Thermotechnology Corp.
Rheem Manufacturing Company
STIEBEL ELTRON GmbH & Co. KG
OCHSNER
Glen Dimplex Group
Lennox International Inc
Panasonic Corporation
FUJITSU GENERAL Europe
Vaillant Group.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of ducted heat pump in Europe was reached USD 1.1 billion in 2023 and is set to grow 17.6% growth rate through 2032, owing to the increasing trend towards embracing energy-efficient heating and cooling systems, coupled with the expanding consumer purchasing power.

The residential sector is slated to register 17.5% CAGR till 2032, backed by the increasing focus on sustainability along with the growing demand for smart heat pumps across the residential application.

France ducted heat pump industry is estimated to observe 14.5% growth up to 2032 as French businesses are recognizing the importance of eco-friendly HVAC solutions, driven by stringent environmental regulations and a heightened corporate responsibility for reducing carbon footprints.

Rheem Manufacturing Company, STIEBEL ELTRON GmbH & Co. KG, OCHSNER, Glen Dimplex Group, Lennox International Inc., Panasonic Corporation, FUJITSU GENERAL Europe, Vaillant Group.