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Air-to-Air Heat Pumps Market

Air-to-Air Heat Pumps Market

Air-to-Air Heat Pumps Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Product Small Sized Unit Heat Pumps, Medium Sized Unit Heat Pumps, Large Sized Unit Heat Pumps
  • By Application Residential, Commercial, Industrial
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 51.2 Billion
Revenue 2028Revenue 2028: 112.40 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 10.31%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Sr. No. Offering Report Coverage
1. Market Size In terms of Revenue (USD Million)
2. Historic Data 2015 to 2019
3. Forecast Data 2021 to 2028
4. Market Drivers, Restraints, Opportunities, & Regional Market Trends Yes
5. Market Attractiveness Analysis Yes
6. Segment Analysis Maximum Segments
7. Regional Coverage 5 Regions
8. Country Coverage Top 22 Countries
9. Competitive Landscape and Company Market Share Analysis Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles.
10. Porter’s Five Forces Analysis Yes.
11. Value Chain Analysis Yes
12. PEST Analysis Yes
13. Regulatory Landscape Yes
14. Technology Landscape Yes
15. COVID-19 Impact Analysis Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics.
16. Top startups to watch out for Yes
17. Top 3 Trends to Watch Yes
18. Top 3 Strategies Followed by Major Players Yes
19. Top 3 Predictions by Vantage Market Research Yes
20. Discussion Guide Yes
21. Key Primary Respondents - VERBATIM Yes
22. Transcripts from the Primary Respondents Additional Cost USD 1,000
23. Others/Miscellaneous

The report delivers an acute breakdown of the market based on various segments such as Product, Application and region. This study comprises the market size in terms of revenue for each segment at the global/regional/country level along with a detailed analysis of growth prospects, challenges, and opportunities. 

On the basis of Product, the market is divided into Small Sized Unit Heat Pumps, Medium Sized Unit Heat Pumps, Large Sized Unit Heat Pumps,. Medium Sized Unit Heat Pumps is expected to dominate the market and is projected to grow at a noteworthy CAGR within the forecast period.

Based on Application, the market is divided into Residential, Commercial, Industrial. Industrial attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Air-to-Air Heat Pumps Market: Product Segment Analysis

    • Small Sized Unit Heat Pumps
    • Medium Sized Unit Heat Pumps
    • Large Sized Unit Heat Pumps

Global Air-to-Air Heat Pumps Market: Application Segment Analysis

    • Residential
    • Commercial
    • Industrial
Frequently Asked Question
  • The global Air-to-Air Heat Pumps valued at 51.2 Billion in 2020 and is expected to reach 112.40 Billion in 2028 growing at a CAGR of 10.31%%.

  • The prominent players in the market are A. O. Smith, Bryant, Daikin Industries, Fujitsu General, Danfoss, Viessmann, LG Electronics, Bosch Thermotechnik, Carrier, Ingersoll-Rand, Mitsubishi Electric, Aermec, Panasonic, lennox, NIBE, Sanden International..

  • The market is project to grow at a CAGR of 10.31%% between 2021 and 2028.

  • The driving factors of the Air-to-Air Heat Pumps include

    • The significant contribution of heat pumping technology in reduction of CO2–emissions is is anticipated to augment the growth of the market over the forecast period.
    • The increasing government regulations for increasing energy efficiency and favourable incentives with a focus on reducing the carbon emission coupled with rapid urbanization and commercialization are further expected to fuel the growth of the market in the years to come.

  • Asia Pacific was the leading regional segment of the Air-to-Air Heat Pumps in 2020.