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North America Air Source Heat Pump Compressors Market Share

Report ID: GMI9964
Published Date: Jun 2024
Report Format: PDF

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North America Air Source Heat Pump Compressors Market Share

Key players in the North America air source heat pump compressors industry are focusing on introducing new product launches, forming strategic partnerships, agreements, alliances, pursuing mergers & acquisitions, to gain their market competitiveness. Major companies including Daikin, Danfoss, Emerson Electric Co., LG Electronics, Carrier, and Panasonic Corporation, among others holds majority of the market share.

North America Air Source Heat Pump Compressors Market Companies

Major manufacturers operating across the industry consists of:

BITZER Group
CAREL INDUSTRIES S.p.A.
Carrier
Daikin
Danfoss
Emerson Electric Co
FRASCOLD SPA
GREE ELECTRIC APPLIANCES, INC
JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY
LG Electronics
Midea Group
Mitsubishi Electric Corporation
Panasonic
Tecumseh Products Company LLC
Trane

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of North America air source heat pump compressors reached USD 2.8 billion in 2023 and is set to witness 10% CAGR from 2024 to 2032, owing to the rising demand for reliable and low emission solutions.

The scroll type segment is projected to exceed USD 3.5 billion by 2032, attributed to the growing emphasis on energy efficiency.

U.S. market is poised to record more than USD 6.3 billion by 2032, due to the rising urbanization rates, and increasing need for efficient space heating and cooling solutions.

BITZER Group, CAREL INDUSTRIES S.p.A., Carrier, Daikin, Danfoss, Emerson Electric Co, FRASCOLD SPA, GREE ELECTRIC APPLIANCES, INC, JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY, and LG Electronics among others