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Air to Water Heat Pump Market Share

  • Report ID: GMI5414
  • Published Date: Jan 2023
  • Report Format: PDF
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Air to Water Heat Pump Market Share

Major companies operating in the air to water heat pump market include

  • Trane
  • Bosch Thermotechnology Corp.
  • Glen Dimplex Group
  • DAIKIN INDUSTRIES Ltd.
  • Carrier Corporation
  • Panasonic Corporation
  • NIBE Industrier AB
  • Vaillant Group
  • SAMSUNG
  • STIEBEL ELTRON GmbH & Co. KG
  • Viessmann
  • Toshiba Air Conditioning
  • LG Electronics
  • WOLF GmbH
  • FUJITSU GENERAL LIMITED
  • Guangzhou SPRSUN New Energy Technology Development Co., Ltd.

These prominent manufacturers and suppliers are consistently restructuring their research & development investments to enhance their product portfolios and cater to the surging need for efficient and reliable space heating technologies.
 

For instance, in October 2022, Daikin announced the expansion of its manufacturing facility in Güglingen, Germany, to produce heat pumps. The company acquired a piece of land spanning across 22.000 m², with the office & production facilities located in Güglingen. The integration and refurbishment of facilities into the company’s existing manufacturing site will allow Daikin to manufacture over three times its present volume by 2025.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of air to water heat pump crossed USD 26.5 billion in 2022 and is expected to showcase more than 15.5% gains through 2032, owing to the rising urbanization trends.

The residential applications segment is anticipated to witness significant growth driven by the rising population and high-living standards.

The North America market is projected to witness over 18% CAGR through 2032 due to the rising demand for space heating and cooling systems.

Major companies operating in the industry include Trane, Bosch Thermotechnology Corp., Glen Dimplex Group, DAIKIN INDUSTRIES Ltd., Carrier Corporation, Panasonic Corporation, NIBE Industrier AB, Vaillant Group, Viessmann, Toshiba Air Conditioning, LG Electronics, WOLF GmbH, and FUJITSU GENERAL LIMITED.

Air to Water Heat Pump Market Scope

  • Air to Water Heat Pump Market Size
  • Air to Water Heat Pump Market Analysis
  • Air to Water Heat Pump Market Share

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    • Base Year: 2022
    • Companies covered: 16
    • Tables & Figures: 1081
    • Countries covered: 29
    • Pages: 550
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