Global Air-to-water Source Heat Pump Market Growth 2025-2031

The global Air-to-water Source Heat Pump market size is predicted to grow from US$ 16880 million in 2025 to US$ 38710 million in 2031; it is expected to grow at a CAGR of 14.8% from 2025 to 2031.

An air source heat pump, sometimes referred to as an air-to-water source heat pump, transfers heat from the outside air to water, which heats your rooms via radiators or underfloor heating. It can also heat water stored in a hot water cylinder for your hot taps, showers and baths.

United States market for Air-to-water Source Heat Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Air-to-water Source Heat Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Air-to-water Source Heat Pump is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Air-to-water Source Heat Pump players cover Daikin Industries, Mitsubishi Electric, Fujitsu General, LG Electronics, Haier, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Air-to-water Source Heat Pump Industry Forecast” looks at past sales and reviews total world Air-to-water Source Heat Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected Air-to-water Source Heat Pump sales for 2025 through 2031. With Air-to-water Source Heat Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air-to-water Source Heat Pump industry.

This Insight Report provides a comprehensive analysis of the global Air-to-water Source Heat Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air-to-water Source Heat Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air-to-water Source Heat Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air-to-water Source Heat Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air-to-water Source Heat Pump.

This report presents a comprehensive overview, market shares, and growth opportunities of Air-to-water Source Heat Pump market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Monobloc Systems
Split Systems

Segmentation by Application:
Residential
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Daikin Industries
Mitsubishi Electric
Fujitsu General
LG Electronics
Haier
Panasonic
Carrier
Midea
NIBE
Glen Dimplex
Bosch Thermotechnik
Vaillant
Gree
A. O. Smith
Phnix
Viessmann
BDR Thermea Group
Stiebel Eltron GmbH & Co.
Power World
Wotech
Swegon Group AB
Aermec
TONGYI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air-to-water Source Heat Pump market?

What factors are driving Air-to-water Source Heat Pump market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air-to-water Source Heat Pump market opportunities vary by end market size?

How does Air-to-water Source Heat Pump break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.