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North America Residential Ducted Heat Pump Market Share

Report ID: GMI9465
Published Date: May 2024
Report Format: PDF

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North America Residential Ducted Heat Pump Market Share

North America Residential Ducted Heat Pump Company Market Share Analysis, 2023

Key players in the North America residential ducted heat pump industry are prioritizing on forming strategic alliances, agreements, pursuing acquisitions, and introducing innovative products to enhance their market competitiveness. Key players including Carrier, Daikin Comfort Technologies North America, Inc., LG Electronics U.S.A., Inc., Panasonic Corporation of North America, Bosch Thermotechnology Corp. and SAMSUNG., among other, holds majority of the market share across the industry.

North America Residential Ducted Heat Pump Market Companies

Major key players operating in the North America residential ducted heat pump industry are -

American Standard Heating and Air Conditioning
Bosch Thermotechnology Corp.
Carrier
Daikin Comfort Technologies North America, Inc.
FUJITSU GENERAL
Johnson Controls
LG Electronics U.S.A., Inc.
Lennox International Inc.
Mitsubishi Electric Sales Canada Inc.
MRCOOL
NAPOLEON
Panasonic Corporation of North America
Pioneer
Rheem Manufacturing Company
SAMSUNG
Trane

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size of North America residential ducted heat pump was reached USD 2.7 billion in 2023 and is projected to expand at 7.3% CAGR from 2024 to 2032, led by the growing adoption of energy-efficient heating & cooling systems in the region.

The single-family application segment in the North America residential ducted heat pump industry will reach more than USD 2.5 billion by 2032, owing to their zoning and temperature control and improved product aesthetics.

U.S. residential ducted heat pump industry is estimated to be worth more than USD 5 billion by 2032, due to the surge in urban population, increasing investments across real estate and the rising demand for effective heating & cooling solutions in the region.

American Standard Heating and Air Conditioning, Bosch Thermotechnology Corp., Carrier, Daikin Comfort Technologies North America, Inc., FUJITSU GENERAL, Johnson Controls, LG Electronics U.S.A., Inc., Lennox International Inc., Mitsubishi Electric Sales Canada Inc., and MRCOOL, among others