Air Source Heat Pump Air Conditioner Market Research Report: Sales, Volume, Revenue and Players Analysis 2026
On Dec 1, Global Info Research released "Global Air Source Heat Pump Air Conditioner Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032". This report includes an overview of the development of the Air Source Heat Pump Air Conditioner industry chain, the market status of Air Source Heat Pump Air Conditioner Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Air Source Heat Pump Air Conditioner.
According to our (Global Info Research) latest study, the global Air Source Heat Pump Air Conditioner market size was valued at US$ 12154 million in 2024 and is forecast to a readjusted size of USD 21849 million by 2031 with a CAGR of 9.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
An air-source heat pump air conditioner (often just “heat pump AC”) is an electric, reversible vapor-compression system that provides both cooling and heating by moving heat between indoor air and outdoor air. In cooling mode it works like a standard AC—absorbing indoor heat at the evaporator and rejecting it outside; in heating mode a reversing valve flips the refrigerant flow so the unit extracts heat from cold outdoor air and releases it indoors. Modern inverter-driven compressors and variable-speed fans maintain comfort efficiently (high SEER/SCOP or HSPF ratings) and can operate well below freezing with defrost cycles; some models use auxiliary electric or gas backup in very cold weather.
In 2024, global An air-source heat pump air conditioner production reached approximately 11434 K unit, with an average global market price of around US$ 1033 per unit.
The air-source heat pump air conditioner (ASHP AC) market is propelled by building decarbonization policies, rising electricity-to-gas price parity, and tighter efficiency standards that favor variable-speed, high-SEER/HSPF systems. Demand also benefits from extreme-heat events that expand cooling loads, electrification mandates and incentives (rebates, tax credits, utility programs), and the replacement of aging AC and fossil-fuel furnaces with dual-mode heat pumps. Technology improvements—cold-climate compressors, enhanced vapor-injection, smart controls, and defrost optimization—open colder regions and light-commercial segments, while connectivity (Wi-Fi/BMS, demand response) and sustainability messaging (low-GWP refrigerants, quieter outdoor units) support premium pricing.
Upstream, the chain begins with raw metals and core components: copper/aluminum for heat exchangers and tubing; steel/plastics for cabinets; rare-earth magnets and electrical steel for high-efficiency BLDC motors; and semiconductors (IGBTs/MOSFETs, MCUs, sensors) for inverter drives and control boards. Key subassemblies include scroll/rotary compressors (standard or vapor-injection), electronically commutated fan motors, plate/microchannel coils, four-way reversing valves, expansion devices (EEVs/TEVs), and power supplies/EMI filters. Refrigerant suppliers are transitioning from R410A toward lower-GWP options (R32, R454B, R290 in some mini-splits/monoblocs), which requires re-engineering of compressors, heat exchangers, and safety components. Ancillary inputs—sound insulation, antivibration mounts, thermal interface materials, and high-performance lubricants—round out the bill of materials, while testing equipment and certification services (performance, electrical safety, flammability) underpin market access.
Midstream, OEMs and ODMs integrate design, coil manufacturing, brazing, vacuum charge, and final assembly across ducted split systems, ductless mini-splits/multi-splits, packaged rooftop units, and monoblocs. Critical process steps include leak testing, automatic charging to tight tolerances, firmware calibration of inverter/compressor maps, and burn-in. Product platforms are localized to meet regional codes (electrical, acoustic, refrigerant-charge limits) and climate needs (defrost logic, crankcase heating, auxiliary heat). Quality, reliability, and after-sales service design (spares commonality, field-flashable firmware) are major differentiators; supply-chain resilience (multi-sourcing compressors/IGBTs, modular PCBs) and refrigerant-transition readiness are strategic priorities.
Downstream, distribution flows through national wholesalers, OEM dealer networks, and big-box/online channels, but installation remains dominated by licensed HVAC contractors who size, install, and commission systems and often bundle ductwork upgrades, controls, and maintenance plans. Utilities and governments shape demand through rebates, low-interest financing, and demand-response enrollments; aggregators and smart-home platforms add value via load shifting and peak-shaving. Verticals include residential retrofit/new build, multifamily, light commercial (shops, offices, schools), and hospitality. Buying criteria center on seasonal efficiency and cold-climate capacity retention, acoustic performance, refrigerant choice and compliance, connectivity, warranty/parts availability, and total installed cost; contractor capacity and training (especially for A2L/R290 handling) are practical constraints on growth.
In short: industry gross margins are generally mid-20s to low-30s for mainstream OEMs (higher on premium inverter models and aftermarket parts, lower on highly commoditized units and volume tenders).
This report is a detailed and comprehensive analysis for global Air Source Heat Pump Air Conditioner market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Sample Report Request Air Source Heat Pump Air Conditioner
https://www.globalinforesearch.com/reports/3393553/air-source-heat-pump-air-conditioner
Market segment by Type: Single Cooling/Heating Type、 Cooling and Heating Type、 Tri-generation Type
Market segment by Application: Home、 Hotel、 School、 Other
Major players covered: Daikin、 Mitsubishi Electric、 Panasonic、 Viessmann、 Vaillant、 Bosch / Worcester Bosch、 NIBE、 Samsung、 LG、 Carrier、 Trane、 Lennox、 Midea（美的）、 Gree（格力）
Market segment by region, regional analysis covers:
North America (United States, Canada and Mexico),
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),
South America (Brazil, Argentina, Colombia, and Rest of South America),
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Air Source Heat Pump Air Conditioner product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Air Source Heat Pump Air Conditioner, with price, sales, revenue and global market share of Air Source Heat Pump Air Conditioner from 2021 to 2025.
Chapter 3, the Air Source Heat Pump Air Conditioner competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Source Heat Pump Air Conditioner breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2021 to 2025.and Air Source Heat Pump Air Conditioner market forecast, by regions, type and application, with sales and revenue, from 2026 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Air Source Heat Pump Air Conditioner.
Chapter 14 and 15, to describe Air Source Heat Pump Air Conditioner sales channel, distributors, customers, research findings and conclusion.
Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.
About Us:
Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
According to our (Global Info Research) latest study, the global Air Source Heat Pump Air Conditioner market size was valued at US$ 12154 million in 2024 and is forecast to a readjusted size of USD 21849 million by 2031 with a CAGR of 9.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
An air-source heat pump air conditioner (often just “heat pump AC”) is an electric, reversible vapor-compression system that provides both cooling and heating by moving heat between indoor air and outdoor air. In cooling mode it works like a standard AC—absorbing indoor heat at the evaporator and rejecting it outside; in heating mode a reversing valve flips the refrigerant flow so the unit extracts heat from cold outdoor air and releases it indoors. Modern inverter-driven compressors and variable-speed fans maintain comfort efficiently (high SEER/SCOP or HSPF ratings) and can operate well below freezing with defrost cycles; some models use auxiliary electric or gas backup in very cold weather.
In 2024, global An air-source heat pump air conditioner production reached approximately 11434 K unit, with an average global market price of around US$ 1033 per unit.
The air-source heat pump air conditioner (ASHP AC) market is propelled by building decarbonization policies, rising electricity-to-gas price parity, and tighter efficiency standards that favor variable-speed, high-SEER/HSPF systems. Demand also benefits from extreme-heat events that expand cooling loads, electrification mandates and incentives (rebates, tax credits, utility programs), and the replacement of aging AC and fossil-fuel furnaces with dual-mode heat pumps. Technology improvements—cold-climate compressors, enhanced vapor-injection, smart controls, and defrost optimization—open colder regions and light-commercial segments, while connectivity (Wi-Fi/BMS, demand response) and sustainability messaging (low-GWP refrigerants, quieter outdoor units) support premium pricing.
Upstream, the chain begins with raw metals and core components: copper/aluminum for heat exchangers and tubing; steel/plastics for cabinets; rare-earth magnets and electrical steel for high-efficiency BLDC motors; and semiconductors (IGBTs/MOSFETs, MCUs, sensors) for inverter drives and control boards. Key subassemblies include scroll/rotary compressors (standard or vapor-injection), electronically commutated fan motors, plate/microchannel coils, four-way reversing valves, expansion devices (EEVs/TEVs), and power supplies/EMI filters. Refrigerant suppliers are transitioning from R410A toward lower-GWP options (R32, R454B, R290 in some mini-splits/monoblocs), which requires re-engineering of compressors, heat exchangers, and safety components. Ancillary inputs—sound insulation, antivibration mounts, thermal interface materials, and high-performance lubricants—round out the bill of materials, while testing equipment and certification services (performance, electrical safety, flammability) underpin market access.
Midstream, OEMs and ODMs integrate design, coil manufacturing, brazing, vacuum charge, and final assembly across ducted split systems, ductless mini-splits/multi-splits, packaged rooftop units, and monoblocs. Critical process steps include leak testing, automatic charging to tight tolerances, firmware calibration of inverter/compressor maps, and burn-in. Product platforms are localized to meet regional codes (electrical, acoustic, refrigerant-charge limits) and climate needs (defrost logic, crankcase heating, auxiliary heat). Quality, reliability, and after-sales service design (spares commonality, field-flashable firmware) are major differentiators; supply-chain resilience (multi-sourcing compressors/IGBTs, modular PCBs) and refrigerant-transition readiness are strategic priorities.
Downstream, distribution flows through national wholesalers, OEM dealer networks, and big-box/online channels, but installation remains dominated by licensed HVAC contractors who size, install, and commission systems and often bundle ductwork upgrades, controls, and maintenance plans. Utilities and governments shape demand through rebates, low-interest financing, and demand-response enrollments; aggregators and smart-home platforms add value via load shifting and peak-shaving. Verticals include residential retrofit/new build, multifamily, light commercial (shops, offices, schools), and hospitality. Buying criteria center on seasonal efficiency and cold-climate capacity retention, acoustic performance, refrigerant choice and compliance, connectivity, warranty/parts availability, and total installed cost; contractor capacity and training (especially for A2L/R290 handling) are practical constraints on growth.
In short: industry gross margins are generally mid-20s to low-30s for mainstream OEMs (higher on premium inverter models and aftermarket parts, lower on highly commoditized units and volume tenders).
This report is a detailed and comprehensive analysis for global Air Source Heat Pump Air Conditioner market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Sample Report Request Air Source Heat Pump Air Conditioner
https://www.globalinforesearch.com/reports/3393553/air-source-heat-pump-air-conditioner
Market segment by Type: Single Cooling/Heating Type、 Cooling and Heating Type、 Tri-generation Type
Market segment by Application: Home、 Hotel、 School、 Other
Major players covered: Daikin、 Mitsubishi Electric、 Panasonic、 Viessmann、 Vaillant、 Bosch / Worcester Bosch、 NIBE、 Samsung、 LG、 Carrier、 Trane、 Lennox、 Midea（美的）、 Gree（格力）
Market segment by region, regional analysis covers:
North America (United States, Canada and Mexico),
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),
South America (Brazil, Argentina, Colombia, and Rest of South America),
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Air Source Heat Pump Air Conditioner product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Air Source Heat Pump Air Conditioner, with price, sales, revenue and global market share of Air Source Heat Pump Air Conditioner from 2021 to 2025.
Chapter 3, the Air Source Heat Pump Air Conditioner competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Source Heat Pump Air Conditioner breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2021 to 2025.and Air Source Heat Pump Air Conditioner market forecast, by regions, type and application, with sales and revenue, from 2026 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Air Source Heat Pump Air Conditioner.
Chapter 14 and 15, to describe Air Source Heat Pump Air Conditioner sales channel, distributors, customers, research findings and conclusion.
Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.
About Us:
Global Info Research
Web: https://www.globalinforesearch.com
Email: report@globalinforesearch.com
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
