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Water Source Heat Pump Market Share

Report ID: GMI2541
Published Date: Jul 2024
Report Format: PDF

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Water Source Heat Pump Market Share

Water Source Heat Pump Company Market Share Analysis, 2023

Bosch Thermotechnology Corp., Carrier, Daikin, Danfoss, Glen Dimplex Group are the leading WSHP manufacturers, leveraging their global reach, diverse product offerings, and a focus on innovation and sustainability. Partnerships, investments, & contracts are further fostering innovation, enhancing the quality, and boosting the performance of water source heat pumps.

Water Source Heat Pump Market Companies

Major key players operating across the water source heat pump industry are:

Aermec S.p.A.
Bard HVAC
Bosch Thermotechnology Corp.
Carrier
Daikin
Danfoss
Glen Dimplex Group
Johnson Controls
Mitsubishi Materials Techno Co.
Modine Manufacturing Company
OCHSNER
Rheem Manufacturing Company
STIEBEL ELTRON GmbH & Co. KG
Star Refrigeration
Swegon Group AB
Trane
Vaillant Group
Viessmann
Weishaupt Group
WOLF GmbH

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of water source heat pump was worth about USD 1.01 billion in 2023 and is projected to grow at 3.8 % CAGR through 2032, driven by the increasing awareness and demand for sustainable heating solutions.

The commercial segment in the water source heat pump (WSHP) market will grow at over 3.5% CAGR through 2032, owing to efficient heating and cooling for buildings at lower operational costs.

North America water source heat pump market is projected to cross USD 548 million by 2032, due to their versatility and quiet operation.

Aermec S.p.A., Bard HVAC, Bosch Thermotechnology Corp., Carrier, Daikin, Danfoss, Glen Dimplex Group, Johnson Controls, and Mitsubishi Materials Techno Co. among others.