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Air Source Heat Pump

Air-source heat pumps use a refrigerant cycle to provide heating and, on reversible systems, cooling.

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Product & engineering

Understand the product.

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.

Outdoor heat exchangers and compressors work with air or water distribution interfaces. Defrost and auxiliary arrangements vary with system design.

Low outdoor temperatures and moisture change operating conditions. Rated efficiency should be compared at relevant temperatures and the same system boundary.

What turns activity into demand

Air-source heat pumps transfer heat between outdoor air and a building system, with weather affecting capacity and efficiency.

The commercial boundary

Separate heat pumps from distribution equipment and complete building retrofits.

Technical reading

Selected research

Market Structure

Global Air Source Heat Pump Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032

19 December 2025197 pages

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Industry ResearchAir Source Heat Pump Industry Research Report 2026149 pages · $2,950 USDIndustry Growth & TrendsGlobal Air Source Heat Pump Industry Growth and Trends Forecast to 2032127 pages · $3,450 USDMarket StructureGlobal Air Source Heat Pump Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032197 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Air Source Heat Pump Market Outlook and Growth Opportunities 2026217 pages · $4,250 USDMarket Analysis & ForecastGlobal Air Source Heat Pump Market Analysis and Forecast 2026-2032211 pages · $4,950 USD

Market perspective

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.

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 report provides an overview of the global Air Source Heat Pump market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

Read the full market overview

The study covers key producers of Air Source Heat Pump and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Air Source Heat Pump sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Air Source Heat Pump market size, projected growth trends, production technologies, key applications, and end-use industries.

Air Source Heat Pump Segment by Company

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

Air Source Heat Pump Segment by Type

Air-to-Air Heat Pump

Air-to-Water Heat Pump

Air Source Heat Pump Segment by Application

Residential

Commercial

Industrial

Air Source Heat Pump Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Air Source Heat Pump market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Air Source Heat Pump and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Air Source Heat Pump.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Air Source Heat Pump market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Air Source Heat Pump industry.

Chapter 3: Detailed analysis of Air Source Heat Pump market competition landscape. Including Air Source Heat Pump manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, 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: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 7: Production/Production Value of Air Source Heat Pump by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 8: Consumption 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, and production of each country in the world.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Air Source Heat Pump Industry Trends Table 2. Air Source Heat Pump Industry Drivers Table 3. Air Source Heat Pump Industry Opportunities and Challenges Table 4. Air Source Heat Pump Industry Restraints Table 5. Global Air Source Heat Pump Production Value by Manufacturers (US$ Million) & (2021-2026) Table 6. Global Air Source Heat Pump Production Value Share by Manufacturers (2021-2026) Table 7. Global Air Source Heat Pump Production by Manufacturers (K Units) & (2021-2026) Table 8. Global Air Source Heat Pump Production Market Share by Manufacturers Table 9. Global Air Source Heat Pump Average Price (US$/Unit) of Manufacturers (2021-2026) Table 10. Global Air Source Heat Pump Industry Manufacturers Ranking, 2024 VS 2025 VS 2026 Table 11. Global Air Source Heat Pump Key Manufacturers Manufacturing Sites & Headquarters Table 12. Global Air Source Heat Pump Manufacturers, Product Type & Application Table 13. Global Air Source Heat Pump Manufacturers Established Date Table 14. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 15. Global Air Source Heat Pump by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2025) Table 16. Major Manufacturers of Air-to-Air Heat Pump Table 17. Major Manufacturers of Air-to-Water Heat Pump Table 18. Global Air Source Heat Pump Production by Type 2021 VS 2025 VS 2032 (K Units) Table 19. Global Air Source Heat Pump Production by Type (2021-2026) & (K Units) Table 20. Global Air Source Heat Pump Production by Type (2027-2032) & (K Units) Table 21. Global Air Source Heat Pump Production Market Share by Type (2021-2026) Table 22. Global Air Source Heat Pump Production Market Share by Type (2027-2032) Table 23. Global Air Source Heat Pump Production Value by Type 2021 VS 2025 VS 2032 (K Units) Table 24. Global Air Source Heat Pump Production Value by Type (2021-2026) & (K Units) Table 25. Global Air Source Heat Pump Production Value by Type (2027-2032) & (K Units) Table 26. Global Air Source Heat Pump Production Value Market Share by Type (2021-2026) Table 27. Global Air Source Heat Pump Production Value Market Share by Type (2027-2032) Table 28. Major Manufacturers of Residential Table 29. Major Manufacturers of Commercial Table 30. Major Manufacturers of Industrial Table 31. Global Air Source Heat Pump Production by Application 2021 VS 2025 VS 2032 (K Units) Table 32. Global Air Source Heat Pump Production by Application (2021-2026) & (K Units) Table 33. Global Air Source Heat Pump Production by Application (2027-2032) & (K Units) Table 34. Global Air Source Heat Pump Production Market Share by Application (2021-2026) Table 35. Global Air Source Heat Pump Production Market Share by Application (2027-2032) Table 36. Global Air Source Heat Pump Production Value by Application 2021 VS 2025 VS 2032 (K Units) Table 37. Global Air Source Heat Pump Production Value by Application (2021-2026) & (K Units) Table 38. Global Air Source Heat Pump Production Value by Application (2027-2032) & (K Units) Table 39. Global Air Source Heat Pump Production Value Market Share by Application (2021-2026) Table 40. Global Air Source Heat Pump Production Value Market Share by Application (2027-2032) Table 41. Daikin Industries Company Information Table 42. Daikin Industries Business Overview Table 43. Daikin Industries Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 44. Daikin Industries Air Source Heat Pump Product Portfolio Table 45. Daikin Industries Recent Development Table 46. Mitsubishi Electric Company Information Table 47. Mitsubishi Electric Business Overview Table 48. Mitsubishi Electric Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 49. Mitsubishi Electric Air Source Heat Pump Product Portfolio Table 50. Mitsubishi Electric Recent Development Table 51. Fujitsu General Company Information Table 52. Fujitsu General Business Overview Table 53. Fujitsu General Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 54. Fujitsu General Air Source Heat Pump Product Portfolio Table 55. Fujitsu General Recent Development Table 56. LG Electronics Company Information Table 57. LG Electronics Business Overview Table 58. LG Electronics Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 59. LG Electronics Air Source Heat Pump Product Portfolio Table 60. LG Electronics Recent Development Table 61. Panasonic Company Information Table 62. Panasonic Business Overview Table 63. Panasonic Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 64. Panasonic Air Source Heat Pump Product Portfolio Table 65. Panasonic Recent Development Table 66. Carrier Company Information Table 67. Carrier Business Overview Table 68. Carrier Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 69. Carrier Air Source Heat Pump Product Portfolio Table 70. Carrier Recent Development Table 71. NIBE Company Information Table 72. NIBE Business Overview Table 73. NIBE Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 74. NIBE Air Source Heat Pump Product Portfolio Table 75. NIBE Recent Development Table 76. Bosch Thermotechnik Company Information Table 77. Bosch Thermotechnik Business Overview Table 78. Bosch Thermotechnik Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 79. Bosch Thermotechnik Air Source Heat Pump Product Portfolio Table 80. Bosch Thermotechnik Recent Development Table 81. Glen Dimplex Company Information Table 82. Glen Dimplex Business Overview Table 83. Glen Dimplex Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 84. Glen Dimplex Air Source Heat Pump Product Portfolio Table 85. Glen Dimplex Recent Development Table 86. Vaillant Company Information Table 87. Vaillant Business Overview Table 88. Vaillant Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 89. Vaillant Air Source Heat Pump Product Portfolio Table 90. Vaillant Recent Development Table 91. Danfoss Company Information Table 92. Danfoss Business Overview Table 93. Danfoss Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 94. Danfoss Air Source Heat Pump Product Portfolio Table 95. Danfoss Recent Development Table 96. A. O. Smith Company Information Table 97. A. O. Smith Business Overview Table 98. A. O. Smith Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 99. A. O. Smith Air Source Heat Pump Product Portfolio Table 100. A. O. Smith Recent Development Table 101. Viessmann Company Information Table 102. Viessmann Business Overview Table 103. Viessmann Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 104. Viessmann Air Source Heat Pump Product Portfolio Table 105. Viessmann Recent Development Table 106. BDR Thermea Group Company Information Table 107. BDR Thermea Group Business Overview Table 108. BDR Thermea Group Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 109. BDR Thermea Group Air Source Heat Pump Product Portfolio Table 110. BDR Thermea Group Recent Development Table 111. Haier Company Information Table 112. Haier Business Overview Table 113. Haier Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 114. Haier Air Source Heat Pump Product Portfolio Table 115. Haier Recent Development Table 116. Midea Company Information Table 117. Midea Business Overview Table 118. Midea Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 119. Midea Air Source Heat Pump Product Portfolio Table 120. Midea Recent Development Table 121. Gree Electric Company Information Table 122. Gree Electric Business Overview Table 123. Gree Electric Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 124. Gree Electric Air Source Heat Pump Product Portfolio Table 125. Gree Electric Recent Development Table 126. Stiebel Eltron GmbH & Co. Company Information Table 127. Stiebel Eltron GmbH & Co. Business Overview Table 128. Stiebel Eltron GmbH & Co. Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 129. Stiebel Eltron GmbH & Co. Air Source Heat Pump Product Portfolio Table 130. Stiebel Eltron GmbH & Co. Recent Development Table 131. Swegon Group AB Company Information Table 132. Swegon Group AB Business Overview Table 133. Swegon Group AB Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 134. Swegon Group AB Air Source Heat Pump Product Portfolio Table 135. Swegon Group AB Recent Development Table 136. Sanden International Company Information Table 137. Sanden International Business Overview Table 138. Sanden International Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 139. Sanden International Air Source Heat Pump Product Portfolio Table 140. Sanden International Recent Development Table 141. Aermec Company Information Table 142. Aermec Business Overview Table 143. Aermec Air Source Heat Pump Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 144. Aermec Air Source Heat Pump Product Portfolio Table 145. Aermec Recent Development Table 146. Global Air Source Heat Pump Production by Region: 2021 VS 2025 VS 2032 (K Units) Table 147. Global Air Source Heat Pump Production by Region (2021-2026) & (K Units) Table 148. Global Air Source Heat Pump Production Market Share by Region (2021-2026) Table 149. Global Air Source Heat Pump Production Forecast by Region (2027-2032) & (K Units) Table 150. Global Air Source Heat Pump Production Market Share Forecast by Region (2027-2032) Table 151. Global Air Source Heat Pump Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 152. Global Air Source Heat Pump Production Value by Region (2021-2026) & (US$ Million) Table 153. Global Air Source Heat Pump Production Value Share by Region (2021-2026) Table 154. Global Air Source Heat Pump Production Value by Region (2027-2032) & (US$ Million) Table 155. Global Air Source Heat Pump Production Value Share by Region: (2027-2032) & (US$ Million) Table 156. Global Air Source Heat Pump Market Average Price (US$/Unit) by Region (2021-2026) Table 157. Global Air Source Heat Pump Market Average Price (US$/Unit) by Region (2027-2032) Table 158. Global Air Source Heat Pump Consumption by Region: 2021 VS 2025 VS 2032 (K Units) Table 159. Global Air Source Heat Pump Consumption by Region (2021-2026) & (K Units) Table 160. Global Air Source Heat Pump Consumption Market Share by Region (2021-2026) Table 161. Global Air Source Heat Pump Consumption Forecasted by Region (2027-2032) & (K Units) Table 162. Global Air Source Heat Pump Consumption Forecasted Market Share by Region (2027-2032) Table 163. North America Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 164. North America Air Source Heat Pump Consumption by Country (2021-2026) & (K Units) Table 165. North America Air Source Heat Pump Consumption by Country (2027-2032) & (K Units) Table 166. Europe Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 167. Europe Air Source Heat Pump Consumption by Country (2021-2026) & (K Units) Table 168. Europe Air Source Heat Pump Consumption by Country (2027-2032) & (K Units) Table 169. Asia Pacific Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 170. Asia Pacific Air Source Heat Pump Consumption by Country (2021-2026) & (K Units) Table 171. Asia Pacific Air Source Heat Pump Consumption by Country (2027-2032) & (K Units) Table 172. South America Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 173. South America Air Source Heat Pump Consumption by Country (2021-2026) & (K Units) Table 174. South America Air Source Heat Pump Consumption by Country (2027-2032) & (K Units) Table 175. Middle East & Africa Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 176. Middle East & Africa Air Source Heat Pump Consumption by Country (2021-2026) & (K Units) Table 177. Middle East & Africa Air Source Heat Pump Consumption by Country (2027-2032) & (K Units) Table 178. Key Raw Materials Table 179. Raw Materials Key Suppliers Table 180. Air Source Heat Pump Distributors List Table 181. Air Source Heat Pump Customers List Table 182. Research Programs/Design for This Report Table 183. Authors List of This Report Table 184. Secondary Sources Table 185. Primary Sources List of Figures Figure 1. Air Source Heat Pump Product Image Figure 2. Global Air Source Heat Pump Production Value (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 4. Global Air Source Heat Pump Production Capacity (2021-2032) & (K Units) Figure 5. Global Air Source Heat Pump Production (2021-2032) & (K Units) Figure 6. Global Air Source Heat Pump Average Price (US$/Unit) & (2021-2032) Figure 7. Global Top 5 and 10 Air Source Heat Pump Players Market Share by Production Value in 2025 Figure 8. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 9. Air-to-Air Heat Pump Image Figure 10. Air-to-Water Heat Pump Image Figure 11. Global Air Source Heat Pump Production by Type (2021 VS 2025 VS 2032) & (K Units) Figure 12. Global Air Source Heat Pump Production Market Share 2021 VS 2025 VS 2032 Figure 13. Global Air Source Heat Pump Production Market Share by Type (2021-2032) Figure 14. Global Air Source Heat Pump Production Value by Type (2021 VS 2025 VS 2032) & (K Units) Figure 15. Global Air Source Heat Pump Production Value Share 2021 VS 2025 VS 2032 Figure 16. Global Air Source Heat Pump Production Value Share by Type (2021-2032) Figure 17. Residential Image Figure 18. Commercial Image Figure 19. Industrial Image Figure 20. Global Air Source Heat Pump Production by Application (2021 VS 2025 VS 2032) & (K Units) Figure 21. Global Air Source Heat Pump Production Market Share 2021 VS 2025 VS 2032 Figure 22. Global Air Source Heat Pump Production Market Share by Application (2021-2032) Figure 23. Global Air Source Heat Pump Production Value by Application (2021 VS 2025 VS 2032) & (K Units) Figure 24. Global Air Source Heat Pump Production Value Share 2021 VS 2025 VS 2032 Figure 25. Global Air Source Heat Pump Production Value Share by Application (2021-2032) Figure 26. Global Air Source Heat Pump Production by Region: 2021 VS 2025 VS 2032 (K Units) Figure 27. Global Air Source Heat Pump Production Market Share by Region: 2021 VS 2025 VS 2032 Figure 28. Global Air Source Heat Pump Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 29. Global Air Source Heat Pump Production Value Share by Region: 2021 VS 2025 VS 2032 Figure 30. North America Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 31. Europe Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 32. Asia-Pacific Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 33. South America Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 34. Middle East & Africa Air Source Heat Pump Production Value (2021-2032) & (US$ Million) Figure 35. North America Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 36. North America Air Source Heat Pump Consumption Market Share by Country (2021-2032) Figure 37. U.S. Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 38. Canada Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 39. Mexico Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 40. Europe Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 41. Europe Air Source Heat Pump Consumption Market Share by Country (2021-2032) Figure 42. Germany Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 43. France Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 44. U.K. Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 45. Italy Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 46. Netherlands Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 47. Asia Pacific Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 48. Asia Pacific Air Source Heat Pump Consumption Market Share by Country (2021-2032) Figure 49. China Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 50. Japan Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 51. South Korea Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 52. Southeast Asia Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 53. India Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 54. Australia Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 55. South America Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 56. South America Air Source Heat Pump Consumption Market Share by Country (2021-2032) Figure 57. Brazil Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 58. Argentina Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 59. Chile Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 60. Middle East & Africa Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 61. Middle East & Africa Air Source Heat Pump Consumption Market Share by Country (2021-2032) Figure 62. Egypt Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 63. South Africa Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 64. Israel Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 65. Türkiye Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 66. GCC Countries Air Source Heat Pump Consumption and Growth Rate (2021-2032) & (K Units) Figure 67. Air Source Heat Pump Value Chain Figure 68. Manufacturing Cost Structure Figure 69. Air Source Heat Pump Production Mode & Process Figure 70. Direct Comparison with Distribution Share Figure 71. Distributors Profiles Figure 72. Years Considered Figure 73. Research Process Figure 74. Key Executives Interviewed

Scope & coverage.

Types
  • Air-to-Air Heat Pump
  • Air-to-Water Heat Pump
Applications
  • Residential
  • Commercial
  • Industrial
Companies covered
  • 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

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Air Source Heat Pump Production Value Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Air Source Heat Pump Production Capacity Estimates and Forecasts (2021-2032)
  5. 1.2.3 Global Air Source Heat Pump Production Estimates and Forecasts (2021-2032)
  6. 1.2.4 Global Air Source Heat Pump Market Average Price (2021-2032)
  7. 1.3 Assumptions and Limitations
  8. 1.4 Study Goals and Objectives
2 Global Air Source Heat Pump Market Dynamics
  1. 2.1 Air Source Heat Pump Industry Trends
  2. 2.2 Air Source Heat Pump Industry Drivers
  3. 2.3 Air Source Heat Pump Industry Opportunities and Challenges
  4. 2.4 Air Source Heat Pump Industry Restraints
3 Air Source Heat Pump Market by Manufacturers
  1. 3.1 Global Air Source Heat Pump Production Value by Manufacturers (2021-2026)
  2. 3.2 Global Air Source Heat Pump Production by Manufacturers (2021-2026)
  3. 3.3 Global Air Source Heat Pump Average Price by Manufacturers (2021-2026)
  4. 3.4 Global Air Source Heat Pump Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Air Source Heat Pump Key Manufacturers Manufacturing Sites & Headquarters
  6. 3.6 Global Air Source Heat Pump Manufacturers, Product Type & Application
  7. 3.7 Global Air Source Heat Pump Manufacturers Established Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Air Source Heat Pump Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Air Source Heat Pump Players Market Share by Production Value in 2025
  11. 3.8.3 2025 Air Source Heat Pump Tier 1, Tier 2, and Tier 3
4 Air Source Heat Pump Market by Type
  1. 4.1 Air Source Heat Pump Type Introduction
  2. 4.1.1 Air-to-Air Heat Pump
  3. 4.1.2 Air-to-Water Heat Pump
  4. 4.2 Global Air Source Heat Pump Production by Type
  5. 4.2.1 Global Air Source Heat Pump Production by Type (2021 VS 2025 VS 2032)
  6. 4.2.2 Global Air Source Heat Pump Production by Type (2021-2032)
  7. 4.2.3 Global Air Source Heat Pump Production Market Share by Type (2021-2032)
  8. 4.3 Global Air Source Heat Pump Production Value by Type
  9. 4.3.1 Global Air Source Heat Pump Production Value by Type (2021 VS 2025 VS 2032)
  10. 4.3.2 Global Air Source Heat Pump Production Value by Type (2021-2032)
  11. 4.3.3 Global Air Source Heat Pump Production Value Market Share by Type (2021-2032)
5 Air Source Heat Pump Market by Application
  1. 5.1 Air Source Heat Pump Application Introduction
  2. 5.1.1 Residential
  3. 5.1.2 Commercial
  4. 5.1.3 Industrial
  5. 5.2 Global Air Source Heat Pump Production by Application
  6. 5.2.1 Global Air Source Heat Pump Production by Application (2021 VS 2025 VS 2032)
  7. 5.2.2 Global Air Source Heat Pump Production by Application (2021-2032)
  8. 5.2.3 Global Air Source Heat Pump Production Market Share by Application (2021-2032)
  9. 5.3 Global Air Source Heat Pump Production Value by Application
  10. 5.3.1 Global Air Source Heat Pump Production Value by Application (2021 VS 2025 VS 2032)
  11. 5.3.2 Global Air Source Heat Pump Production Value by Application (2021-2032)
  12. 5.3.3 Global Air Source Heat Pump Production Value Market Share by Application (2021-2032)
6 Company Profiles
  1. 6.1 Daikin Industries
  2. 6.1.1 Daikin Industries Company Information
  3. 6.1.2 Daikin Industries Business Overview
  4. 6.1.3 Daikin Industries Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  5. 6.1.4 Daikin Industries Air Source Heat Pump Product Portfolio
  6. 6.1.5 Daikin Industries Recent Developments
  7. 6.2 Mitsubishi Electric
  8. 6.2.1 Mitsubishi Electric Company Information
  9. 6.2.2 Mitsubishi Electric Business Overview
  10. 6.2.3 Mitsubishi Electric Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  11. 6.2.4 Mitsubishi Electric Air Source Heat Pump Product Portfolio
  12. 6.2.5 Mitsubishi Electric Recent Developments
  13. 6.3 Fujitsu General
  14. 6.3.1 Fujitsu General Company Information
  15. 6.3.2 Fujitsu General Business Overview
  16. 6.3.3 Fujitsu General Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  17. 6.3.4 Fujitsu General Air Source Heat Pump Product Portfolio
  18. 6.3.5 Fujitsu General Recent Developments
  19. 6.4 LG Electronics
  20. 6.4.1 LG Electronics Company Information
  21. 6.4.2 LG Electronics Business Overview
  22. 6.4.3 LG Electronics Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  23. 6.4.4 LG Electronics Air Source Heat Pump Product Portfolio
  24. 6.4.5 LG Electronics Recent Developments
  25. 6.5 Panasonic
  26. 6.5.1 Panasonic Company Information
  27. 6.5.2 Panasonic Business Overview
  28. 6.5.3 Panasonic Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  29. 6.5.4 Panasonic Air Source Heat Pump Product Portfolio
  30. 6.5.5 Panasonic Recent Developments
  31. 6.6 Carrier
  32. 6.6.1 Carrier Company Information
  33. 6.6.2 Carrier Business Overview
  34. 6.6.3 Carrier Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  35. 6.6.4 Carrier Air Source Heat Pump Product Portfolio
  36. 6.6.5 Carrier Recent Developments
  37. 6.7 NIBE
  38. 6.7.1 NIBE Company Information
  39. 6.7.2 NIBE Business Overview
  40. 6.7.3 NIBE Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  41. 6.7.4 NIBE Air Source Heat Pump Product Portfolio
  42. 6.7.5 NIBE Recent Developments
  43. 6.8 Bosch Thermotechnik
  44. 6.8.1 Bosch Thermotechnik Company Information
  45. 6.8.2 Bosch Thermotechnik Business Overview
  46. 6.8.3 Bosch Thermotechnik Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  47. 6.8.4 Bosch Thermotechnik Air Source Heat Pump Product Portfolio
  48. 6.8.5 Bosch Thermotechnik Recent Developments
  49. 6.9 Glen Dimplex
  50. 6.9.1 Glen Dimplex Company Information
  51. 6.9.2 Glen Dimplex Business Overview
  52. 6.9.3 Glen Dimplex Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  53. 6.9.4 Glen Dimplex Air Source Heat Pump Product Portfolio
  54. 6.9.5 Glen Dimplex Recent Developments
  55. 6.10 Vaillant
  56. 6.10.1 Vaillant Company Information
  57. 6.10.2 Vaillant Business Overview
  58. 6.10.3 Vaillant Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  59. 6.10.4 Vaillant Air Source Heat Pump Product Portfolio
  60. 6.10.5 Vaillant Recent Developments
  61. 6.11 Danfoss
  62. 6.11.1 Danfoss Company Information
  63. 6.11.2 Danfoss Business Overview
  64. 6.11.3 Danfoss Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  65. 6.11.4 Danfoss Air Source Heat Pump Product Portfolio
  66. 6.11.5 Danfoss Recent Developments
  67. 6.12 A. O. Smith
  68. 6.12.1 A. O. Smith Company Information
  69. 6.12.2 A. O. Smith Business Overview
  70. 6.12.3 A. O. Smith Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  71. 6.12.4 A. O. Smith Air Source Heat Pump Product Portfolio
  72. 6.12.5 A. O. Smith Recent Developments
  73. 6.13 Viessmann
  74. 6.13.1 Viessmann Company Information
  75. 6.13.2 Viessmann Business Overview
  76. 6.13.3 Viessmann Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  77. 6.13.4 Viessmann Air Source Heat Pump Product Portfolio
  78. 6.13.5 Viessmann Recent Developments
  79. 6.14 BDR Thermea Group
  80. 6.14.1 BDR Thermea Group Company Information
  81. 6.14.2 BDR Thermea Group Business Overview
  82. 6.14.3 BDR Thermea Group Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  83. 6.14.4 BDR Thermea Group Air Source Heat Pump Product Portfolio
  84. 6.14.5 BDR Thermea Group Recent Developments
  85. 6.15 Haier
  86. 6.15.1 Haier Company Information
  87. 6.15.2 Haier Business Overview
  88. 6.15.3 Haier Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  89. 6.15.4 Haier Air Source Heat Pump Product Portfolio
  90. 6.15.5 Haier Recent Developments
  91. 6.16 Midea
  92. 6.16.1 Midea Company Information
  93. 6.16.2 Midea Business Overview
  94. 6.16.3 Midea Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  95. 6.16.4 Midea Air Source Heat Pump Product Portfolio
  96. 6.16.5 Midea Recent Developments
  97. 6.17 Gree Electric
  98. 6.17.1 Gree Electric Company Information
  99. 6.17.2 Gree Electric Business Overview
  100. 6.17.3 Gree Electric Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  101. 6.17.4 Gree Electric Air Source Heat Pump Product Portfolio
  102. 6.17.5 Gree Electric Recent Developments
  103. 6.18 Stiebel Eltron GmbH & Co.
  104. 6.18.1 Stiebel Eltron GmbH & Co. Company Information
  105. 6.18.2 Stiebel Eltron GmbH & Co. Business Overview
  106. 6.18.3 Stiebel Eltron GmbH & Co. Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  107. 6.18.4 Stiebel Eltron GmbH & Co. Air Source Heat Pump Product Portfolio
  108. 6.18.5 Stiebel Eltron GmbH & Co. Recent Developments
  109. 6.19 Swegon Group AB
  110. 6.19.1 Swegon Group AB Company Information
  111. 6.19.2 Swegon Group AB Business Overview
  112. 6.19.3 Swegon Group AB Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  113. 6.19.4 Swegon Group AB Air Source Heat Pump Product Portfolio
  114. 6.19.5 Swegon Group AB Recent Developments
  115. 6.20 Sanden International
  116. 6.20.1 Sanden International Company Information
  117. 6.20.2 Sanden International Business Overview
  118. 6.20.3 Sanden International Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  119. 6.20.4 Sanden International Air Source Heat Pump Product Portfolio
  120. 6.20.5 Sanden International Recent Developments
  121. 6.21 Aermec
  122. 6.21.1 Aermec Company Information
  123. 6.21.2 Aermec Business Overview
  124. 6.21.3 Aermec Air Source Heat Pump Production, Value and Gross Margin (2021-2026)
  125. 6.21.4 Aermec Air Source Heat Pump Product Portfolio
  126. 6.21.5 Aermec Recent Developments
7 Global Air Source Heat Pump Production by Region
  1. 7.1 Global Air Source Heat Pump Production by Region: 2021 VS 2025 VS 2032
  2. 7.2 Global Air Source Heat Pump Production by Region (2021-2032)
  3. 7.2.1 Global Air Source Heat Pump Production by Region (2021-2026)
  4. 7.2.2 Global Air Source Heat Pump Production Forecast by Region (2027-2032)
  5. 7.3 Global Air Source Heat Pump Production by Region: 2021 VS 2025 VS 2032
  6. 7.4 Global Air Source Heat Pump Production Value by Region (2021-2032)
  7. 7.4.1 Global Air Source Heat Pump Production Value by Region (2021-2026)
  8. 7.4.2 Global Air Source Heat Pump Production Value by Region (2027-2032)
  9. 7.5 Global Air Source Heat Pump Market Price Analysis by Region (2021-2032)
  10. 7.6 Regional Production Value Trends (2021-2032)
  11. 7.6.1 North America Air Source Heat Pump Production Value (2021-2032)
  12. 7.6.2 Europe Air Source Heat Pump Production Value (2021-2032)
  13. 7.6.3 Asia-Pacific Air Source Heat Pump Production Value (2021-2032)
  14. 7.6.4 South America Air Source Heat Pump Production Value (2021-2032)
  15. 7.6.5 Middle East & Africa Air Source Heat Pump Production Value (2021-2032)
8 Global Air Source Heat Pump Consumption by Region
  1. 8.1 Global Air Source Heat Pump Consumption by Region: 2021 VS 2025 VS 2032
  2. 8.2 Global Air Source Heat Pump Consumption by Region (2021-2032)
  3. 8.2.1 Global Air Source Heat Pump Consumption by Region (2021-2026)
  4. 8.2.2 Global Air Source Heat Pump Consumption by Region (2027-2032)
  5. 8.3 North America
  6. 8.3.1 North America Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  7. 8.3.2 North America Air Source Heat Pump Consumption by Country (2021-2032)
  8. 8.3.3 U.S.
  9. 8.3.4 Canada
  10. 8.3.5 Mexico
  11. 8.4 Europe
  12. 8.4.1 Europe Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  13. 8.4.2 Europe Air Source Heat Pump Consumption by Country (2021-2032)
  14. 8.4.3 Germany
  15. 8.4.4 France
  16. 8.4.5 U.K.
  17. 8.4.6 Italy
  18. 8.4.7 Netherlands
  19. 8.5 Asia Pacific
  20. 8.5.1 Asia Pacific Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  21. 8.5.2 Asia Pacific Air Source Heat Pump Consumption by Country (2021-2032)
  22. 8.5.3 China
  23. 8.5.4 Japan
  24. 8.5.5 South Korea
  25. 8.5.6 Southeast Asia
  26. 8.5.7 India
  27. 8.5.8 Australia
  28. 8.6 South America
  29. 8.6.1 South America Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  30. 8.6.2 South America Air Source Heat Pump Consumption by Country (2021-2032)
  31. 8.6.3 Brazil
  32. 8.6.4 Argentina
  33. 8.6.5 Chile
  34. 8.6.6 Colombia
  35. 8.7 Middle East & Africa
  36. 8.7.1 Middle East & Africa Air Source Heat Pump Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  37. 8.7.2 Middle East & Africa Air Source Heat Pump Consumption by Country (2021-2032)
  38. 8.7.3 Egypt
  39. 8.7.4 South Africa
  40. 8.7.5 Israel
  41. 8.7.6 Türkiye
  42. 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
  1. 9.1 Air Source Heat Pump Value Chain Analysis
  2. 9.1.1 Air Source Heat Pump Key Raw Materials
  3. 9.1.2 Raw Materials Key Suppliers
  4. 9.1.3 Manufacturing Cost Structure
  5. 9.1.4 Air Source Heat Pump Production Mode & Process
  6. 9.2 Air Source Heat Pump Sales Channels Analysis
  7. 9.2.1 Direct Comparison with Distribution Share
  8. 9.2.2 Air Source Heat Pump Distributors
  9. 9.2.3 Air Source Heat Pump Customers
10 Concluding Insights
    11 Appendix
    1. 11.1 Reasons for Doing This Study
    2. 11.2 Research Methodology
    3. 11.3 Research Process
    4. 11.4 Authors List of This Report
    5. 11.5 Data Source
    6. 11.5.1 Secondary Sources
    7. 11.5.2 Primary Sources
    8. 11.6 Disclaimer

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