Dublin, Feb. 11, 2025 (GLOBE NEWSWIRE) -- The "Residential Air to Water Heat Pump Market 2025-2029" report has been added to ResearchAndMarkets.com's offering.
The residential air to water heat pump market is forecasted to grow by $9.49 billion during 2024-2029, accelerating at a CAGR of 6.9% during the forecast period. The market is driven by the rising demand for energy efficiency, urbanization & rising disposable incomes, and government incentives and subsidies.
The study identifies the introduction of new products as one of the prime reasons driving market growth during the next few years. Also, the rising demand for hybrid systems and increasing number of mergers and acquisitions will lead to sizable demand in the market.
This report on the residential air to water heat pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The residential air to water heat pump market is segmented as below:
By Type
- Domestic Hot Water
- Room Heat Pump
By Distribution Channel
- Offline
- Online
By Region
- APAC
- North America
- Europe
- South America
- Middle East and Africa
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential air to water heat pump market vendors.
Also, the report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith Corp.
- Aermec S.p.A.
- Aquatherm Systems
- Carrier Global Corp.
- Daikin Industries Ltd.
- Danfoss AS
- EcoTech Solutions
- Fujitsu General Ltd.
- Guangdong PHNIX Eco-energy Solution Ltd.
- Guangzhou SPRSUN New Energy Technology Development Co. Ltd.
- Johnson Controls International PLC
- LG Corp.
- Midea Group Co. Ltd.
- Mitsubishi Electric Corp.
- NIBE Industrier AB
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sanden Corp.
- STIEBEL ELTRON GmbH and Co. KG
- Vaillant Group
- Viessmann Werke GmbH and Co. KG
For more information about this report visit https://www.researchandmarkets.com/r/96u9ie
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