Global Air Source Heat Pump Sales Market Report 2022

Air Source Heat Pump Market 

Due to the COVID-19 pandemic, the global Air Source Heat Pump market size is estimated to be worth USD 13090 Million in 2021 and is forecast to a readjusted size of USD 13090 Million by 2028 with a CAGR of 5.7% during the review period.

Air Source Heat Pump (ASHP) is a device which uses a vapor compression cycle to transfer heat between outdoor air and indoor air or water. There are two type of air source heat pumps including air-to-air heat pumps and air-to-water heat pumps. As the name implies, these systems heat or cool indoor air or move energy into water. An air-source heat pump can provide efficient heating and cooling for your home, especially if you live in a warm climate. When properly installed, an air-source heat pump can deliver one-and-a-half to three times more heat energy to a home than the electrical energy it consumes. This is possible because a heat pump moves heat rather than converting it from a fuel, like in combustion heating systems.

Fully considering the economic change by this health crisis, by Type accounting for % of the Air Source Heat Pump global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Air Source Heat Pump Market Share

Global air handling units control main manufactuers include Daikin Industries, Mitsubishi Electric, Fujitsu General, LG Electronics, Panasonic, etc., totally accounting for about 26% of the market. Europe is the largest market, with a share over 32%. As for the types of products, it can be divided into air-to-air heat pump and air-to-water heat pump. The most common product is air-to-air heat pump, with a share over 55%. In terms of applications, it is widely used in residential, commercial and industrial. The most common application is residential, with a share about 83%.

The global Air Source Heat Pump market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Air Source Heat Pump market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Type

• Air-to-Air Heat Pump
• Air-to-Water Heat Pump

By Application

• Residential
• Commercial
• Industrial

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Company

• Daikin Industries
• Mitsubishi Electric
• Fujitsu General
• LG Electronics
• Panasonic
• Carrier
• NIBE
• Bosch Thermotechnik
• Glen Dimplex
• Vaillant
• Danfoss
• Smith
• Viessmann
• BDR Thermea Group
• Haier
• Midea
• Gree Electric
• Stiebel Eltron GmbH & Co.
• Swegon Group AB
• Sanden International
• Aermec