Global Air Source Heat Pump market will reach 16107.32 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/11

According to the report, the Global revenue for Air Source Heat Pumps was valued at $ 10352.35 million in 2017, and is expected to generate revenue of $ 16107.32 million by end of 2025, growing at a CAGR of slightly above 5.68% between 2017 and 2025. In terms of volume, the Global sales volume of Air Source Heat Pumps was 7559 K Unit in 2017.

Europe has the largest global export quantity and manufacturers in Air Source Heat Pump market, while the Japan is the second sales volume market for Air Source Heat Pump in 2017.

In the industry, Daikin Industries profits most in 2017 and recent years, while Mitsubishi Electric and Fujitsu General ranked 2 and 3.The market share of them is 11.94%, 5.82% and 5.65% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are two mainly types of Air Source Heat Pump, including Air-to-Air and Air-to-Water. And Air-to-Air is the main type for Air Source Heat Pump, and the Air-to-Air reached a sales volume of approximately 4202 K Unit in 2017, with 55.59% of global sales volume.

In the applications, the Residential segment was estimated to account for the highest sales volume share of 83.01% in 2017 and is expected to gain significant market share by the end of 2025.

Click to view the full report:
https://www.qyresearch.com/index/detail/710925/global-air-source-heat-pumps-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
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