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Europe Air Source Heat Pump Market Share
- Report ID: GMI2854
- Published Date: Aug 2022
- Report Format: PDF
Europe Air Source Heat Pump Market Share
Key participants operating in the industry are:
- STIEBEL ELTRON GmbH & Co. KG
- Rheem Manufacturing Company
- Bosch Thermotechnology Ltd
- Glen Dimplex Group
- Trane
- NIBE Industrier AB
- Panasonic Corporation
- Viessman
- A. O. Smith
- SAMSUNG
- Vaillant Group
- Daikin
- Lochinvar
- Carrier
- Finn Geotherm UK Limited
- Swegon Group AB
- Mitsubishi Electric Corporation
- GREE ELECTRIC APPLIANCES INC
- TOSHIBA CORPORATION
- LG Electronics
- Lennox International
These leaders are focusing on developing advanced systems with low operational expenditure and improved performance characteristics of heating and cooling.
Frequently Asked Questions (FAQ) :
The market size of Europe air source heat pump was valued at USD 15.9 billion in 2024 and is poised to grow at a CAGR of 18.6% from 2024 to 2032.
The residential segment is expected to register an 8% CAGR through 2030 driven by rapid urbanization, increased spending on domestic construction, and availability of innovative residential infrastructure.
The UK market is anticipated to grow at a 10% CAGR through 2030 driven by the surging demand for heat along with administrative support to augment the installation of heat pumps.
Trane, NIBE Industrier AB, Glen Dimplex Group, Panasonic Corporation, Viessman, A. O. Smith, SAMSUNG, TOSHIBA CORPORATION, LG Electronics, Lennox International Inc., and Rheem Manufacturing Company are some of the air source heat pump manufacturers in Europe.
Europe Air Source Heat Pump Market Scope
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