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Ducted Heat Pump Market Share

Report ID: GMI5781
Published Date: May 2023
Report Format: PDF

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Ducted Heat Pump Market Share

Major manufacturers operating across the ducted heat pump market are focusing on strategic alliances and collaborations to gain a competitive edge over the others. Introduction of enhanced technologies and advance technological components by the eminent players has led to the positive business dynamics. Prominent industries operative in the business landscape includes,

Trane
Danfoss
Daikin
Carrier
SAMSUNG
Bard HVAC
Mitsubishi Electric Corporation
Bosch Thermotechnology Corp.
Rheem Manufacturing Company
STIEBEL ELTRON GmbH & Co. KG
OCHSNER
Lochinvar
Glen Dimplex Group
Lennox International Inc.
Colmac Industries

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of ducted heat pump surpassed USD 9.7 billion in 2023 and will witness 8.6% CAGR from 2024 to 2032, explains GMI report.

Residential ducted heat pump market will grow at a rate of over 9% by 2032 owing to the various benefits of the product like energy efficiency, versatility, and cost-saving.

North America ducted heat industry size is set to observe 7.5% growth rate till 2032 due to factors including energy-efficient heating & cooling systems, cost-effectiveness, environmental benefits, government incentives, and technological advancements.

Trane, Danfoss, Daikin, Carrier, SAMSUNG, Bard HVAC, Mitsubishi Electric Corporation, Bosch Thermotechnology Corp., STIEBEL ELTRON GmbH & Co. KG, OCHSNER, Lochinvar, Glen Dimplex Group, Lennox International Inc., Colmac Industries.