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Ductless Heat Pump Market Share

  • Report ID: GMI5567
  • Published Date: Apr 2023
  • Report Format: PDF

Ductless Heat Pump Market Share

Major players in ductless heat pump market scenario are:

  • DAIKIN INDUSTRIES Ltd
  • Trane
  • Carrier
  • FUJITSU GENERAL LIMITED
  • SAMSUNG
  • Johnson Controls
  • Lennox International Inc
  • Gree Electric Appliances Inc
  • Panasonic Corporation
  • Rheem Manufacturing Company
  • Klimaire Products Inc
  • Bosch Thermotechnology Corp
  • Blue Star Limited
  • Bryant Heating & Cooling
  • MRCOOL
  • Argoclima S.p.A.

These participants are implementing strategies such as the expansion of production capacity and business to scale up the customer reach. For instance, in October 2022, Daikin announced plans to expand its manufacturing facility in Güglingen, Germany with the aim of boosting heat pump production.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of ductless heat pump exceeded USD 9.1 billion in 2023 and will witness 9.7% CAGR during 2024 to 2032, on account of the rising demand for energy-efficient heating systems.

Residential ductless heat pump industry size is expected to observe 9% growth between 2023 and 2032, driven by strict regulations to deploy clean energy technologies.

Asia Pacific ductless heat pump sector is estimated to reach over USD 5.4 billion by 2032 due to the surging demand for HVAC systems and the growing population.

Trane, Carrier, SAMSUNG, Johnson Controls, Panasonic Corporation, Blue Star Limited., MRCOOL., and Argoclima S.p.A. are some of the major entities operating in the ductless heat pump business scenario.

Ductless Heat Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 713
  • Countries covered: 24
  • Pages: 380
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