Global Air-Water Heat Pump Market Growth 2025-2031
Description
The global Air-Water Heat Pump market size is predicted to grow from US$ 73940 million in 2025 to US$ 113380 million in 2031; it is expected to grow at a CAGR of 7.4% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
An air-water heat pump is a type of heat pump system that extracts heat from the outdoor air and transfers it to water for heating purposes. This system is commonly used for space heating, domestic hot water production, and sometimes cooling. Air-water heat pumps are popular for their energy efficiency and versatility in various applications.
Market Drivers for Air-Water Heat Pumps:
Energy Efficiency: Air-water heat pumps are known for their high energy efficiency, as they utilize ambient air as a renewable heat source. The focus on reducing energy consumption and carbon emissions is driving the demand for energy-efficient heating solutions like air-water heat pumps.
Renewable Energy Integration: Air-water heat pumps can be integrated with renewable energy sources such as solar power to further enhance their sustainability and reduce reliance on fossil fuels, aligning with the growing trend towards renewable energy integration.
Government Support: Supportive government policies, incentives, and regulations promoting energy efficiency and the use of renewable energy sources are driving the adoption of air-water heat pumps in residential, commercial, and industrial sectors.
Cost Savings: Air-water heat pumps can help reduce heating costs over time, especially in comparison to traditional heating systems that rely on fossil fuels. The potential for long-term cost savings is a significant driver for consumers and businesses.
Versatility: Air-water heat pumps can provide both heating and cooling functions, making them a versatile HVAC solution for year-round comfort in various applications, including residential buildings, commercial properties, and industrial facilities.
Market Challenges for Air-Water Heat Pumps:
Installation Costs: The initial cost of purchasing and installing air-water heat pump systems can be relatively high, which may pose a barrier to adoption for some consumers and businesses, especially in comparison to conventional heating systems.
System Efficiency in Cold Climates: Air-water heat pumps may experience reduced efficiency in very cold climates when extracting heat from outdoor air, requiring supplemental heating sources or system modifications to maintain performance during extreme weather conditions.
Space Requirements: Air-water heat pump systems may require adequate outdoor space for installation of the heat pump unit and sufficient indoor space for the water heating unit and distribution system, which can be a challenge in some urban or limited-space environments.
Maintenance and Servicing: Proper maintenance and servicing of air-water heat pump systems are essential to ensure optimal performance and efficiency. Lack of awareness about maintenance requirements and access to qualified service providers can be a challenge for some users.
Perception and Awareness: Educating consumers and businesses about the benefits, operation, and maintenance requirements of air-water heat pumps is crucial for increasing awareness and overcoming misconceptions or hesitations about adopting this technology.
LP Information, Inc. (LPI) ' newest research report, the “Air-Water Heat Pump Industry Forecast” looks at past sales and reviews total world Air-Water Heat Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected Air-Water Heat Pump sales for 2025 through 2031. With Air-Water 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-Water Heat Pump industry.
This Insight Report provides a comprehensive analysis of the global Air-Water 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-Water 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-Water Heat Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air-Water 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-Water Heat Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Air-Water Heat Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Temperature Type
High Temperature Type
Hybrid Type
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
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Air-Water Heat Pump market?
What factors are driving Air-Water Heat Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Air-Water Heat Pump market opportunities vary by end market size?
How does Air-Water Heat Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
An air-water heat pump is a type of heat pump system that extracts heat from the outdoor air and transfers it to water for heating purposes. This system is commonly used for space heating, domestic hot water production, and sometimes cooling. Air-water heat pumps are popular for their energy efficiency and versatility in various applications.
Market Drivers for Air-Water Heat Pumps:
Energy Efficiency: Air-water heat pumps are known for their high energy efficiency, as they utilize ambient air as a renewable heat source. The focus on reducing energy consumption and carbon emissions is driving the demand for energy-efficient heating solutions like air-water heat pumps.
Renewable Energy Integration: Air-water heat pumps can be integrated with renewable energy sources such as solar power to further enhance their sustainability and reduce reliance on fossil fuels, aligning with the growing trend towards renewable energy integration.
Government Support: Supportive government policies, incentives, and regulations promoting energy efficiency and the use of renewable energy sources are driving the adoption of air-water heat pumps in residential, commercial, and industrial sectors.
Cost Savings: Air-water heat pumps can help reduce heating costs over time, especially in comparison to traditional heating systems that rely on fossil fuels. The potential for long-term cost savings is a significant driver for consumers and businesses.
Versatility: Air-water heat pumps can provide both heating and cooling functions, making them a versatile HVAC solution for year-round comfort in various applications, including residential buildings, commercial properties, and industrial facilities.
Market Challenges for Air-Water Heat Pumps:
Installation Costs: The initial cost of purchasing and installing air-water heat pump systems can be relatively high, which may pose a barrier to adoption for some consumers and businesses, especially in comparison to conventional heating systems.
System Efficiency in Cold Climates: Air-water heat pumps may experience reduced efficiency in very cold climates when extracting heat from outdoor air, requiring supplemental heating sources or system modifications to maintain performance during extreme weather conditions.
Space Requirements: Air-water heat pump systems may require adequate outdoor space for installation of the heat pump unit and sufficient indoor space for the water heating unit and distribution system, which can be a challenge in some urban or limited-space environments.
Maintenance and Servicing: Proper maintenance and servicing of air-water heat pump systems are essential to ensure optimal performance and efficiency. Lack of awareness about maintenance requirements and access to qualified service providers can be a challenge for some users.
Perception and Awareness: Educating consumers and businesses about the benefits, operation, and maintenance requirements of air-water heat pumps is crucial for increasing awareness and overcoming misconceptions or hesitations about adopting this technology.
LP Information, Inc. (LPI) ' newest research report, the “Air-Water Heat Pump Industry Forecast” looks at past sales and reviews total world Air-Water Heat Pump sales in 2024, providing a comprehensive analysis by region and market sector of projected Air-Water Heat Pump sales for 2025 through 2031. With Air-Water 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-Water Heat Pump industry.
This Insight Report provides a comprehensive analysis of the global Air-Water 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-Water 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-Water Heat Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air-Water 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-Water Heat Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Air-Water Heat Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Low Temperature Type
High Temperature Type
Hybrid Type
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
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Air-Water Heat Pump market?
What factors are driving Air-Water Heat Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Air-Water Heat Pump market opportunities vary by end market size?
How does Air-Water Heat Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
146 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Air-Water Heat Pump by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Air-Water Heat Pump by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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