Home > Industrial Machinery > HVAC > Heat Pumps > U.S. Air Source Heat Pump Market

U.S. Air Source Heat Pump Market Share

Report ID: GMI5735
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

U.S. Air Source Heat Pump Market Share

U.S. Air Source Heat Pump Market Company Market Share Analysis, 2024

Key players operating across the market are forming partnerships and pursuing acquisitions to boost their market presence. Companies including Carrier, Bosch Thermotechnology, Daikin, Mitsubishi Electric, SAMSUNG and Panasonic are investing heavily in manufacturing expansion and R&D to maintain their competitive edge. These strategies aim to broaden product offerings and extend geographical reach across the country.

U.S. Air Source Heat Pump Market Companies

Major players operating across the industry include:

American Standard
Bosch
Bard HVAC
Carrier
Colmac
Daikin
Fujitsu General
Gree
Hitachi
LG
Lennox
Mitsubishi Electric
Rheem
Samsung
Trane

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The U.S. air source heat pump industry was valued at USD 8.3 billion in 2024 and is projected to grow at a 9.8% CAGR from 2025 to 2034, driven by the increasing adoption of energy-efficient systems.

The air-to-air segment is anticipated to exceed USD 12.8 billion by 2034, fueled by the demand for energy-efficient and sustainable heating and cooling solutions.

The residential segment is expected to witness a CAGR of over 9.5% by 2034, driven by the need for comfortable home temperatures and energy efficiency.

Key players in the market include American Standard, Bosch, Bard HVAC, Carrier, Colmac, Daikin, Fujitsu General, Gree, Hitachi, LG, and Lennox.