Asia Pacific Residential Heat Pump Market Size & Outlook
Asia Pacific residential heat pump market, 2015-2025 (US$M)
Related Markets
Asia Pacific residential heat pump market highlights
- The Asia Pacific residential heat pump market generated a revenue of USD 3,641.7 million in 2018.
- The market is expected to grow at a CAGR of 11.3% from 2019 to 2025.
- In terms of segment, air to air was the largest revenue generating technology in 2018.
- Air to Air is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2019 to 2025.
Asia Pacific data book summary
| Market revenue in 2018 | USD 3,641.7 million |
| Market revenue in 2025 | USD 7,703.8 million |
| Growth rate | 11.3% (CAGR from 2018 to 2025) |
| Largest segment | Air to air |
| Fastest growing segment | Air to Air |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air to Air, Water Source |
| Key market players worldwide | Daikin Industries Ltd, Emerson Electric Co, Carrier Corporation, Vaillant Group, Mitsubishi Electric Corp, Robert Bosch Engineering & Business Solutions, Nortek Global HVAC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 44.4% of the global residential heat pump market in 2018.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2025.
- Europe is the fastest growing regional market and is projected to reach USD 3,674.4 million by 2025.
Key Regions: Japan , U.S. , China , South Korea , Germany
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Residential Heat Pump Market Scope
Residential Heat Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific residential heat pump market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to residential heat pump market will help companies and investors design strategic landscapes.
Air to air was the largest segment with a revenue share of 69.21% in 2018. Horizon Databook has segmented the Asia Pacific residential heat pump market based on air to air, water source covering the revenue growth of each sub-segment from 2015 to 2025.
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Target buyers of Asia Pacific residential heat pump market databook
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Our clientele includes a mix of residential heat pump market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific residential heat pump market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific residential heat pump market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Asia Pacific residential heat pump market size, by country, 2015-2025 (US$M)
Asia Pacific Residential Heat Pump Market Outlook Share, 2018 & 2025 (US$M)
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