Air Source Heat Pump Market, Global Outlook and Forecast 2023-2029

Report ID: MMG43218 | Category: Machinery & Equipment | Pages: 124 | Format: PDF | Published Date: February 21,2023

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Report Description
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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Air Source Heat Pump, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Source Heat Pump. This report contains market size and forecasts of Air Source Heat Pump in global, including the following market information:
Global Air Source Heat Pump Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Air Source Heat Pump Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Air Source Heat Pump companies in 2022 (%)
The global Air Source Heat Pump market was valued at US$ 13470 million in 2022 and is projected to reach US$ 19530 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Air Source Heat Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Air Source Heat Pump Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Source Heat Pump Market Segment Percentages, by Type, 2022 (%)
    Air-to-Air Heat Pump
    Air-to-Water Heat Pump
Global Air Source Heat Pump Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Source Heat Pump Market Segment Percentages, by Application, 2022 (%)
    Residential
    Commercial
    Industrial
Global Air Source Heat Pump Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Air Source Heat Pump Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Air Source Heat Pump revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Air Source Heat Pump revenues share in global market, 2022 (%)
Key companies Air Source Heat Pump sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Air Source Heat Pump sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Daikin Industries
    Mitsubishi Electric
    Fujitsu General
    LG Electronics
    Panasonic
    Carrier
    NIBE
    Bosch Thermotechnik
    Glen Dimplex
    Vaillant
    Danfoss
    A. O. Smith
    Viessmann
    BDR Thermea Group
    Haier
    Midea
    Gree Electric
    Stiebel Eltron GmbH & Co.
    Swegon Group AB
    Sanden International
    Aermec
Outline of Major Chapters:
Chapter 1: Introduces the definition of Air Source Heat Pump, market overview.
Chapter 2: Global Air Source Heat Pump market size in revenue and volume.
Chapter 3: Detailed analysis of Air Source Heat Pump manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Air Source Heat Pump in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Air Source Heat Pump capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Air Source Heat Pump Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Air Source Heat Pump Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Air Source Heat Pump Overall Market Size
    2.1 Global Air Source Heat Pump Market Size: 2022 VS 2029
    2.2 Global Air Source Heat Pump Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Air Source Heat Pump Sales: 2018-2029
3 Company Landscape
    3.1 Top Air Source Heat Pump Players in Global Market
    3.2 Top Global Air Source Heat Pump Companies Ranked by Revenue
    3.3 Global Air Source Heat Pump Revenue by Companies
    3.4 Global Air Source Heat Pump Sales by Companies
    3.5 Global Air Source Heat Pump Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Air Source Heat Pump Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Air Source Heat Pump Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Air Source Heat Pump Players in Global Market
        3.8.1 List of Global Tier 1 Air Source Heat Pump Companies
        3.8.2 List of Global Tier 2 and Tier 3 Air Source Heat Pump Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Air Source Heat Pump Market Size Markets, 2022 & 2029
        4.1.2 Air-to-Air Heat Pump
        4.1.3 Air-to-Water Heat Pump
    4.2 By Type - Global Air Source Heat Pump Revenue & Forecasts
        4.2.1 By Type - Global Air Source Heat Pump Revenue, 2018-2023
        4.2.2 By Type - Global Air Source Heat Pump Revenue, 2024-2029
        4.2.3 By Type - Global Air Source Heat Pump Revenue Market Share, 2018-2029
    4.3 By Type - Global Air Source Heat Pump Sales & Forecasts
        4.3.1 By Type - Global Air Source Heat Pump Sales, 2018-2023
        4.3.2 By Type - Global Air Source Heat Pump Sales, 2024-2029
        4.3.3 By Type - Global Air Source Heat Pump Sales Market Share, 2018-2029
    4.4 By Type - Global Air Source Heat Pump Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Air Source Heat Pump Market Size, 2022 & 2029
        5.1.2 Residential
        5.1.3 Commercial
        5.1.4 Industrial
    5.2 By Application - Global Air Source Heat Pump Revenue & Forecasts
        5.2.1 By Application - Global Air Source Heat Pump Revenue, 2018-2023
        5.2.2 By Application - Global Air Source Heat Pump Revenue, 2024-2029
        5.2.3 By Application - Global Air Source Heat Pump Revenue Market Share, 2018-2029
    5.3 By Application - Global Air Source Heat Pump Sales & Forecasts
        5.3.1 By Application - Global Air Source Heat Pump Sales, 2018-2023
        5.3.2 By Application - Global Air Source Heat Pump Sales, 2024-2029
        5.3.3 By Application - Global Air Source Heat Pump Sales Market Share, 2018-2029
    5.4 By Application - Global Air Source Heat Pump Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Air Source Heat Pump Market Size, 2022 & 2029
    6.2 By Region - Global Air Source Heat Pump Revenue & Forecasts
        6.2.1 By Region - Global Air Source Heat Pump Revenue, 2018-2023
        6.2.2 By Region - Global Air Source Heat Pump Revenue, 2024-2029
        6.2.3 By Region - Global Air Source Heat Pump Revenue Market Share, 2018-2029
    6.3 By Region - Global Air Source Heat Pump Sales & Forecasts
        6.3.1 By Region - Global Air Source Heat Pump Sales, 2018-2023
        6.3.2 By Region - Global Air Source Heat Pump Sales, 2024-2029
        6.3.3 By Region - Global Air Source Heat Pump Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Air Source Heat Pump Revenue, 2018-2029
        6.4.2 By Country - North America Air Source Heat Pump Sales, 2018-2029
        6.4.3 US Air Source Heat Pump Market Size, 2018-2029
        6.4.4 Canada Air Source Heat Pump Market Size, 2018-2029
        6.4.5 Mexico Air Source Heat Pump Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Air Source Heat Pump Revenue, 2018-2029
        6.5.2 By Country - Europe Air Source Heat Pump Sales, 2018-2029
        6.5.3 Germany Air Source Heat Pump Market Size, 2018-2029
        6.5.4 France Air Source Heat Pump Market Size, 2018-2029
        6.5.5 U.K. Air Source Heat Pump Market Size, 2018-2029
        6.5.6 Italy Air Source Heat Pump Market Size, 2018-2029
        6.5.7 Russia Air Source Heat Pump Market Size, 2018-2029
        6.5.8 Nordic Countries Air Source Heat Pump Market Size, 2018-2029
        6.5.9 Benelux Air Source Heat Pump Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Air Source Heat Pump Revenue, 2018-2029
        6.6.2 By Region - Asia Air Source Heat Pump Sales, 2018-2029
        6.6.3 China Air Source Heat Pump Market Size, 2018-2029
        6.6.4 Japan Air Source Heat Pump Market Size, 2018-2029
        6.6.5 South Korea Air Source Heat Pump Market Size, 2018-2029
        6.6.6 Southeast Asia Air Source Heat Pump Market Size, 2018-2029
        6.6.7 India Air Source Heat Pump Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Air Source Heat Pump Revenue, 2018-2029
        6.7.2 By Country - South America Air Source Heat Pump Sales, 2018-2029
        6.7.3 Brazil Air Source Heat Pump Market Size, 2018-2029
        6.7.4 Argentina Air Source Heat Pump Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Air Source Heat Pump Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Air Source Heat Pump Sales, 2018-2029
        6.8.3 Turkey Air Source Heat Pump Market Size, 2018-2029
        6.8.4 Israel Air Source Heat Pump Market Size, 2018-2029
        6.8.5 Saudi Arabia Air Source Heat Pump Market Size, 2018-2029
        6.8.6 UAE Air Source Heat Pump Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Daikin Industries
        7.1.1 Daikin Industries Company Summary
        7.1.2 Daikin Industries Business Overview
        7.1.3 Daikin Industries Air Source Heat Pump Major Product Offerings
        7.1.4 Daikin Industries Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.1.5 Daikin Industries Key News & Latest Developments
    7.2 Mitsubishi Electric
        7.2.1 Mitsubishi Electric Company Summary
        7.2.2 Mitsubishi Electric Business Overview
        7.2.3 Mitsubishi Electric Air Source Heat Pump Major Product Offerings
        7.2.4 Mitsubishi Electric Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.2.5 Mitsubishi Electric Key News & Latest Developments
    7.3 Fujitsu General
        7.3.1 Fujitsu General Company Summary
        7.3.2 Fujitsu General Business Overview
        7.3.3 Fujitsu General Air Source Heat Pump Major Product Offerings
        7.3.4 Fujitsu General Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.3.5 Fujitsu General Key News & Latest Developments
    7.4 LG Electronics
        7.4.1 LG Electronics Company Summary
        7.4.2 LG Electronics Business Overview
        7.4.3 LG Electronics Air Source Heat Pump Major Product Offerings
        7.4.4 LG Electronics Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.4.5 LG Electronics Key News & Latest Developments
    7.5 Panasonic
        7.5.1 Panasonic Company Summary
        7.5.2 Panasonic Business Overview
        7.5.3 Panasonic Air Source Heat Pump Major Product Offerings
        7.5.4 Panasonic Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.5.5 Panasonic Key News & Latest Developments
    7.6 Carrier
        7.6.1 Carrier Company Summary
        7.6.2 Carrier Business Overview
        7.6.3 Carrier Air Source Heat Pump Major Product Offerings
        7.6.4 Carrier Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.6.5 Carrier Key News & Latest Developments
    7.7 NIBE
        7.7.1 NIBE Company Summary
        7.7.2 NIBE Business Overview
        7.7.3 NIBE Air Source Heat Pump Major Product Offerings
        7.7.4 NIBE Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.7.5 NIBE Key News & Latest Developments
    7.8 Bosch Thermotechnik
        7.8.1 Bosch Thermotechnik Company Summary
        7.8.2 Bosch Thermotechnik Business Overview
        7.8.3 Bosch Thermotechnik Air Source Heat Pump Major Product Offerings
        7.8.4 Bosch Thermotechnik Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.8.5 Bosch Thermotechnik Key News & Latest Developments
    7.9 Glen Dimplex
        7.9.1 Glen Dimplex Company Summary
        7.9.2 Glen Dimplex Business Overview
        7.9.3 Glen Dimplex Air Source Heat Pump Major Product Offerings
        7.9.4 Glen Dimplex Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.9.5 Glen Dimplex Key News & Latest Developments
    7.10 Vaillant
        7.10.1 Vaillant Company Summary
        7.10.2 Vaillant Business Overview
        7.10.3 Vaillant Air Source Heat Pump Major Product Offerings
        7.10.4 Vaillant Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.10.5 Vaillant Key News & Latest Developments
    7.11 Danfoss
        7.11.1 Danfoss Company Summary
        7.11.2 Danfoss Air Source Heat Pump Business Overview
        7.11.3 Danfoss Air Source Heat Pump Major Product Offerings
        7.11.4 Danfoss Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.11.5 Danfoss Key News & Latest Developments
    7.12 A. O. Smith
        7.12.1 A. O. Smith Company Summary
        7.12.2 A. O. Smith Air Source Heat Pump Business Overview
        7.12.3 A. O. Smith Air Source Heat Pump Major Product Offerings
        7.12.4 A. O. Smith Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.12.5 A. O. Smith Key News & Latest Developments
    7.13 Viessmann
        7.13.1 Viessmann Company Summary
        7.13.2 Viessmann Air Source Heat Pump Business Overview
        7.13.3 Viessmann Air Source Heat Pump Major Product Offerings
        7.13.4 Viessmann Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.13.5 Viessmann Key News & Latest Developments
    7.14 BDR Thermea Group
        7.14.1 BDR Thermea Group Company Summary
        7.14.2 BDR Thermea Group Business Overview
        7.14.3 BDR Thermea Group Air Source Heat Pump Major Product Offerings
        7.14.4 BDR Thermea Group Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.14.5 BDR Thermea Group Key News & Latest Developments
    7.15 Haier
        7.15.1 Haier Company Summary
        7.15.2 Haier Business Overview
        7.15.3 Haier Air Source Heat Pump Major Product Offerings
        7.15.4 Haier Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.15.5 Haier Key News & Latest Developments
    7.16 Midea
        7.16.1 Midea Company Summary
        7.16.2 Midea Business Overview
        7.16.3 Midea Air Source Heat Pump Major Product Offerings
        7.16.4 Midea Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.16.5 Midea Key News & Latest Developments
    7.17 Gree Electric
        7.17.1 Gree Electric Company Summary
        7.17.2 Gree Electric Business Overview
        7.17.3 Gree Electric Air Source Heat Pump Major Product Offerings
        7.17.4 Gree Electric Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.17.5 Gree Electric Key News & Latest Developments
    7.18 Stiebel Eltron GmbH & Co.
        7.18.1 Stiebel Eltron GmbH & Co. Company Summary
        7.18.2 Stiebel Eltron GmbH & Co. Business Overview
        7.18.3 Stiebel Eltron GmbH & Co. Air Source Heat Pump Major Product Offerings
        7.18.4 Stiebel Eltron GmbH & Co. Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.18.5 Stiebel Eltron GmbH & Co. Key News & Latest Developments
    7.19 Swegon Group AB
        7.19.1 Swegon Group AB Company Summary
        7.19.2 Swegon Group AB Business Overview
        7.19.3 Swegon Group AB Air Source Heat Pump Major Product Offerings
        7.19.4 Swegon Group AB Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.19.5 Swegon Group AB Key News & Latest Developments
    7.20 Sanden International
        7.20.1 Sanden International Company Summary
        7.20.2 Sanden International Business Overview
        7.20.3 Sanden International Air Source Heat Pump Major Product Offerings
        7.20.4 Sanden International Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.20.5 Sanden International Key News & Latest Developments
    7.21 Aermec
        7.21.1 Aermec Company Summary
        7.21.2 Aermec Business Overview
        7.21.3 Aermec Air Source Heat Pump Major Product Offerings
        7.21.4 Aermec Air Source Heat Pump Sales and Revenue in Global (2018-2023)
        7.21.5 Aermec Key News & Latest Developments
8 Global Air Source Heat Pump Production Capacity, Analysis
    8.1 Global Air Source Heat Pump Production Capacity, 2018-2029
    8.2 Air Source Heat Pump Production Capacity of Key Manufacturers in Global Market
    8.3 Global Air Source Heat Pump Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Air Source Heat Pump Supply Chain Analysis
    10.1 Air Source Heat Pump Industry Value Chain
    10.2 Air Source Heat Pump Upstream Market
    10.3 Air Source Heat Pump Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Air Source Heat Pump Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Air Source Heat Pump Market, Global Outlook and Forecast 2023-2029

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