Home > Industrial Machinery > HVAC > Heat Pumps > Europe Ducted Heat Pump Market

Europe Ducted Heat Pump Market Analysis

  • Report ID: GMI6589
  • Published Date: Aug 2023
  • Report Format: PDF

Europe Ducted Heat Pump Market Analysis

The residential sector of Europe ducted heat pump market is predicted to observe gains at nearly 17.5% up to 2032. The increasing focus on sustainability along with the growing demand for smart heat pumps across the residential application will augment the industry landscape. In addition, homeowners are increasingly looking for sustainable heating and cooling solutions, and heat pumps are seen as a more environmentally friendly option than traditional heating systems. Smart heat pumps can be controlled remotely, which allows homeowners to optimize their energy usage. They can also be integrated with other smart home devices, such as thermostats and solar panels.
 

France Ducted Heat Pump Market Revenue Share, Residential, 2022

Single family ducted heat pump industry is slated to exhibit over 17.9% CAGR through 2032. Zoning & temperature control coupled with increasing aesthetics of Europe ducted heat pumps caters to the large product deployment across single-family or single-owners houses. Ducted systems offer zoning capabilities, allowing homeowners to control the temperature in different areas or rooms independently. This level of customization enhances comfort and energy efficiency by avoiding unnecessary heating or cooling in unoccupied spaces.
 

Increasing demand for energy-efficient and environmentally friendly solutions coupled with increasing real estate sectors will increase the product deployment across multi family homeowners. The availability and awareness of Europe ducted heat pump systems is anticipated to witness high deployment across multifamily houses & apartments owing to the rising need for zoning heating & cooling demand. As a result, manufacturers and HVAC professionals are offering and promoting these systems, making them more accessible to homeowners, thereby contributing to the Europe ducted heat pump market growth.
 

France Ducted Heat Pump Market, 2021 - 2032 (USD Million)

France ducted heat pump market is estimated to expand at a CAGR of 14.5% between 2023 and 2032. French businesses are recognizing the importance of eco-friendly HVAC solutions, driven by stringent environmental regulations and a heightened corporate responsibility for reducing carbon footprints. Ducted heat pumps, renowned for their energy-efficient performance, have become a focal point in addressing these concerns. Companies are increasingly integrating them into their offerings to meet the demand for green and efficient heating and cooling solutions.
 

The Europe ducted heat pump market is expected to continue to grow in the coming years, as more and more homeowners look for energy-efficient and cost-effective heating and cooling solutions. The European Union's REPowerEU plan, which aims to reduce the bloc's reliance on Russian fossil fuels, is also likely to boost the demand for heat pumps. Moreover, the integration of smart technology and digital control systems is gaining momentum. Businesses are incorporating advanced controls and monitoring capabilities into their ducted heat pump products. This allows for greater automation, remote management, and enhanced energy optimization, aligning with the growing trend of smart and connected buildings.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of ducted heat pump in Europe was reached USD 1.1 billion in 2023 and is set to grow 17.6% growth rate through 2032, owing to the increasing trend towards embracing energy-efficient heating and cooling systems, coupled with the expanding consumer purchasing power.

The residential sector is slated to register 17.5% CAGR till 2032, backed by the increasing focus on sustainability along with the growing demand for smart heat pumps across the residential application.

France ducted heat pump industry is estimated to observe 14.5% growth up to 2032 as French businesses are recognizing the importance of eco-friendly HVAC solutions, driven by stringent environmental regulations and a heightened corporate responsibility for reducing carbon footprints.

Rheem Manufacturing Company, STIEBEL ELTRON GmbH & Co. KG, OCHSNER, Glen Dimplex Group, Lennox International Inc., Panasonic Corporation, FUJITSU GENERAL Europe, Vaillant Group.

Europe Ducted Heat Pump Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 153
  • Countries covered: 6
  • Pages: 160
 Download Free Sample