Air Source Heat Pump Market Share

 Air Source Heat Pump Market Share

Prominent players operating in the air source heat pump market include

• Mitsubishi Electric Corporation
• Vaillant Group
• Trane
• Swegon Group AB
• Viessmann
• NIBE Industrier AB
• Bosch Thermotechnology Ltd.
• Carrier
• Fujitsu General
• Toshiba Air Conditioning
• Panasonic Corporation
• Lennox International Inc.
• LG Electronics
• SAMSUNG
• Glen Dimplex Group
• Systemair AB.

These companies are targeting to make hefty investments to design sustainable and efficient solutions and expand their foothold in the global market.
 

For instance, in November 2022, Mitsubishi Electric unveiled the Ecodan CAHV-R, a range of cascaded air source heat pumps, with an output capacity of 7.8 kW to 640 kW for hospitals, schools, and other commercial applications. This initiative was meant to enable the company to establish a strong presence in the industry.