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The air source heat pump market is forecasted to grow by USD 62.17 billion during 2024-2029, accelerating at a CAGR of 11.7% during the forecast period. The report on the air source heat pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing environmental concerns, rising energy costs and focus on energy-efficient technologies, and government incentives such as subsidies, tax credits, and rebates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The air source heat pump market is segmented as below:
By Product
- Air-to-water
- Air-to-air
By Application
- Residential
- Industrial
- Commercial
By Type
- Ductless
- Ducted
- Short run ducted
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the air source heat pump market covers the following areas:
- Air Source Heat Pump Market sizing
- Air Source Heat Pump Market forecast
- Air Source Heat Pump Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Application
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global air source heat pump market: A. O. Smith India Water Products Pvt. Ltd., Alibaba Group Holding Ltd., Ariston Holding NV, BDR Thermea Group, Carrier Global Corp., Colmac Industries Inc., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., Fujitsu General Ltd., Glen Dimplex Group., Grant Engineering UK Ltd., Groupe Airwell, Haier Smart Home Co. Ltd., Hitachi Ltd., Ingersoll Rand Inc., Jaquar India, Mitsubishi Electric Corp., NIBE Industrier AB, and Robert Bosch GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is integration of smart technology and internet of things (IoT) features into air source heat pump systems."
According to the report, one of the major drivers for this market is the growing environmental concerns.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith India Water Products Pvt. Ltd.
- Alibaba Group Holding Ltd.
- Ariston Holding NV
- BDR Thermea Group
- Carrier Global Corp.
- Colmac Industries Inc.
- Daikin Industries Ltd.
- Danfoss AS
- Emerson Electric Co.
- Fujitsu General Ltd.
- Glen Dimplex Group.
- Grant Engineering UK Ltd.
- Groupe Airwell
- Haier Smart Home Co. Ltd.
- Hitachi Ltd.
- Ingersoll Rand Inc.
- Jaquar India
- Mitsubishi Electric Corp.
- NIBE Industrier AB
- Robert Bosch GmbH
