Published Date : 2023-Mar-06
Heat Pump Market Players Analysis: Trane, Nortek Global HVAC, OCHSNER Warmepumpen, WOLF GmbH, Stiebel Eltron GmbH & Co., Glen Dimplex, Danfoss, Veissmann, Vaillant Group, Bosch Thermotechnology, Carrier Corporation, Daikin, NIBE Industrier AB, Bryant Heating & Cooling Systems, MODINE Manufacturing Company, Bard HVAC, Earthlinked Technologies, Mitsubishi Electric Corporation, Kensa Heat Pumps, Swegon Group AB and More
Heat Pump Market Size, Share & Trends Analysis Report By Product, By Application, Russia-Ukraine War and COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022-2030.
According to a comprehensive study by Intellectual Market Insights Research, the worldwide Heat Pump Market was valued at USD 7325.34 Million in 2022 and is expected to reach USD 17344.21 Million by 2030, gaining at a CAGR of 10.87% from 2021 to 2028
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Founding Year: 1924
Headquarters: Osaka, Japan
Website: http://www.daikin.com
About Us: Daikin Industries is a Japanese multinational company that specializes in air conditioning, heating, and refrigeration systems. It was founded in 1924 and has since become one of the world's leading manufacturers of HVAC equipment. Daikin Industries operates in more than 150 countries, employs over 70,000 people, and has a wide range of products and services.
Daikin Industries' product line includes various types of air conditioners, including split, multi-split, and VRV (Variable Refrigerant Volume) systems. The company also produces heat pumps for both residential and commercial use, which are designed to provide both heating and cooling. Daikin Industries has been recognized for its commitment to energy efficiency and sustainability, and its products have received numerous awards for their innovative design and performance.
The company had nearly 1100 employees and had revenue of $34.8 Billion.
Founding Year: 1921
Headquarters: Chiyoda, Japan
Website: http://www.mitsubishielectric.com
About Us: Mitsubishi Electric Corporation is a multinational electronics and electrical equipment manufacturing company. The company offers a wide range of products and services including air conditioning systems, elevators and escalators, factory automation equipment, power generation equipment, semiconductors, and more. Mitsubishi Electric Corporation operates globally and has regional headquarters in various locations including the Americas, Europe, and Asia. The company has a strong focus on technology and innovation and is committed to delivering products and services that contribute to a sustainable society.
The company had nearly 145,696 employees and had revenue of 1,238.1 billion Yen.
Founding Year: 1885
Headquarters: Cork, Ireland
Website: http://johnsoncontrols.com
About Us: Johnson Controls Inc. is a multinational conglomerate corporation company. The company offers products and services related to HVAC systems, building automation, energy storage, security systems, and more.
Johnson Controls Inc. operates in more than 150 countries around the world and has regional headquarters in various locations including the Americas, Europe, and Asia. The company has a strong focus on sustainability and is committed to delivering products and services that help customers reduce their environmental impact and improve their energy efficiency.
The company had nearly 97,000 employees and had revenue of $25.505 Billion.
Founding Year: 1935
Headquarters: Tokyo, Japan
Website: http://www.fujitsu.com
About Us: Fujitsu Limited is a Japanese multinational information and communications technology equipment and services corporation, Fujitsu is the world's sixth-largest IT services provider by annual revenue, and the largest in Japan, in 2021. The hardware offerings from Fujitsu are mainly of personal and enterprise computing products, including x86, SPARC and mainframe compatible server products, although the corporation and its subsidiaries also offer a diversity of products and services in the areas of data storage, telecommunications, advanced microelectronics, and air conditioning.
The company had nearly 126,400 employees and had revenue of $29.477 Billion and its products and services are available in approximately 180 countries.
Founding Year: 1952
Headquarters: Hagerstown, Sweden
Website: http://www.nibe.com
About Us: NIBE Industrier AB is a Swedish company that specializes in the development, manufacture, and marketing of sustainable energy solutions for heating, cooling, ventilation, and indoor climate control. NIBE offers a wide range of products including air source heat pumps, ground source heat pumps, solar panels, and more. NIBE operates globally and has manufacturing facilities and sales offices in various locations including Europe, North America, and Asia. The company is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote sustainable practices throughout its operations. NIBE is also committed to innovation and invests heavily in research and development to create new and innovative products and technologies.
The company had nearly 20,400 employees and had revenue of $3.71 Billion.
Founding Year: 1871
Headquarters: Swords, Dublin, Ireland
Website: http://tranetechnologies.com
About Us: Trane Technologies is an Irish-domiciled holding company focused on the manufacturing of heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin offs. HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.
The company had nearly 39,000 employees and had revenue of $15.992 Billion.
Founding Year: 1915
Headquarters: Palm Beach County, Florida, United States
Website: http://corporate.carrier.com
About Us: Carrier Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation.
Carrier Corporation operates in more than 170 countries and has manufacturing facilities, sales offices, and service centers located around the world. The company is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote sustainable practices throughout its operations. Carrier Corporation is also committed to innovation and invests heavily in research and development to create new and innovative products and technologies that improve energy efficiency and reduce greenhouse gas emissions.
As of 2022, it had revenue of $15.992 Billion & company with over 53,000 employees serving customers in 160 countries on six continents.
Founding Year: 1904
Headquarters: Louisville, Kentucky, United States
Website: http://www.bryanthvac.com
About Us: Bryant Heating & Cooling Systems is a leading provider of residential and commercial heating, ventilation, and air conditioning (HVAC) systems.
Bryant Heating & Cooling Systems operates in various locations around the world, including North America, Europe, and Asia. The company is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote sustainable practices throughout its operations. Bryant Heating & Cooling Systems is also committed to innovation and invests heavily in research and development to create new and innovative products and technologies that improve energy efficiency and reduce greenhouse gas emissions.
The company had nearly 128,000 employees and had revenue of $38.2 Million.
Founding Year: 1919
Headquarters: O'Fallon, Missouri, United States
Website: http://www.nortekhvac.com
About Us: Nortek Global HVAC is a leading provider of heating, ventilation, and air conditioning (HVAC) systems for residential and commercial applications. The company offers a wide range of products including air conditioners, heat pumps, furnaces, and more.
Nortek Global HVAC operates in various locations around the world, including North America and Europe. The company is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote sustainable practices throughout its operations. Nortek Global HVAC is also committed to innovation and invests heavily in research and development to create new and innovative products and technologies that improve energy efficiency and reduce greenhouse gas emissions.
The company had nearly 900+ employees and had revenue of $52.6 Million.
Founding Year: 1973
Headquarters: Dublin, Ireland
Website: http://glendimplex.com
About Us: Glen Dimplex (formerly known as Glen Electric) is an Irish based consumer electrical goods firm. The company was founded by Martin Naughton. The company is privately held, with manufacturing and development centres in the Republic of Ireland, the United Kingdom, China and many other locations around the world.
The company was incorporated on August 23, 1973, as Glen Electric in Newry, Northern Ireland, an electric heater manufacturer with ten employees, and it was founded as Glen Dimplex due to a merger with Dimplex, a large electric heating appliance manufacturer, on May 6, 1977.
The company had nearly 8,500 employees and had revenue of $3.2 Billion.
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