This report provides a comprehensive analysis of the global air source heat pump water units market, projecting steady growth through 2032. It examines energy-efficient technologies across residential, commercial, and industrial applications, segmented by integrated and split types. The study evaluates key market drivers, regional dynamics in the Americas, APAC, and Europe, and the competitive landscape featuring major players like Johnson Controls and Rheem. Ultimately, it offers strategic insights into emerging opportunities and the evolving technological trajectory of the industry.

Market Overview

The global Air Source Heat Pump Water Units market is predicted to grow from US$ 3814 million in 2025 to US$ 5123 million in 2032, representing a compound annual growth rate (CAGR) of 4.4% from 2026 to 2032.

Technology Profile

The air source heat pump water heater is an energy-efficient hot water supply system that utilizes low-grade heat energy from the air and converts it into high-grade heat energy through a compressor and refrigerant circulation system to heat water. This technology reduces dependence on traditional fossil fuels and significantly reduces greenhouse gas emissions.

Working Principle: The system operates based on the reverse Carnot cycle: a low-temperature and low-pressure refrigerant absorbs heat from the environment and is compressed into a high-temperature and high-pressure state by the compressor. The refrigerant then releases heat in the condenser to supply water, before returning to the evaporator through an expansion valve to reduce temperature and pressure to reabsorb heat.

Regional Market Analysis

• United States: The market for Air Source Heat Pump Water Units is estimated to experience growth from 2025 through 2032.
• China: The market for Air Source Heat Pump Water Units is estimated to experience growth from 2025 through 2032.
• Europe: The market for Air Source Heat Pump Water Units is estimated to experience growth from 2025 through 2032.

Market Segmentation

By Type

• Integrated Type
• Split Type

By Application

• Residential
• Commercial
• Industrial

By Geography

• 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

Competitive Landscape

Key Players

The global market features several key players, including:

• Climaveneta
• Johnson Controls
• Rheem
• Hisense Hitachi
• Mcquay
• Midea
• DunAn Electro-Mechanical Technology
• Qingdao ALKKT Energy
• Guangdong Eurasian Refrigeration Equipment
• Beijing Haiwu Technology
• Hien New Energy Equipment
• Shandong Chuangjia Petroleum Machinery Manufacturing
• YIELDHOUSE Technology
• Hiseer
• Shandong GRAD Group
• Zhejiang Yongneng Industry
• Shandong Qihao New Energy Technology
• Beijing Kcalin New Energy Technology

Market Concentration: In terms of revenue, the global two largest companies occupied a significant portion of the market share in 2025.

Report Scope & Methodology

This research report, titled “Air Source Heat Pump Water Units Industry Forecast” by LP Information, Inc. (LPI), reviews total world Air Source Heat Pump Water Units sales in 2025. It provides a comprehensive analysis by region and market sector of projected sales for the period of 2026 through 2032, with detailed breakdowns in US$ millions.

Key Analytical Focuses:

• Market Dynamics: Analysis of key trends related to product segmentation, company formation, revenue, market share, latest developments, and M&A activity.
• Strategic Insights: Evaluation of leading global companies' portfolios, capabilities, market entry strategies, market positions, and geographic footprints.
• Growth Drivers: Evaluation of key market trends, drivers, and affecting factors shaping the global outlook, including the identification of emerging pockets of opportunity.
• Methodology: A transparent approach based on hundreds of bottom-up qualitative and quantitative market inputs to provide a nuanced view of the current state and future trajectory.

Key Questions Addressed

• What is the 10-year outlook for the global Air Source Heat Pump Water Units market?
• What factors are driving Air Source Heat Pump Water Units market growth, globally and by region?
• Which technologies are poised for the fastest growth by market and region?
• How do Air Source Heat Pump Water Units market opportunities vary by end market size?
• How does Air Source Heat Pump Water Units break out by Type and by Application?

• 1 Scope of the Report

  • 1.1 Market Introduction

  • 1.2 Years Considered

  • 1.3 Research Objectives

  • 1.4 Market Research Methodology

  • 1.5 Research Process and Data Source

  • 1.6 Economic Indicators

  • 1.7 Currency Considered

  • 1.8 Market Estimation Caveats

• 2 Executive Summary

  • 2.1 World Market Overview

    • 2.1.1 Global Air Source Heat Pump Water Units Annual Sales 2021-2032

    • 2.1.2 World Current & Future Analysis for Air Source Heat Pump Water Units by Geographic Region, 2021, 2025 & 2032

    • 2.1.3 World Current & Future Analysis for Air Source Heat Pump Water Units by Country/Region, 2021, 2025 & 2032

  • 2.2 Air Source Heat Pump Water Units Segment by Type

    • 2.2.1 Integrated Type

    • 2.2.2 Split Type

    • 2.2.3 Air Source Heat Pump Water Units Sales by Type

      • 2.2.3.1 Global Air Source Heat Pump Water Units Sales Market Share by Type (2021-2026)
      • 2.2.3.2 Global Air Source Heat Pump Water Units Revenue and Market Share by Type (2021-2026)
      • 2.2.3.3 Global Air Source Heat Pump Water Units Sale Price by Type (2021-2026)

  • 2.3 Air Source Heat Pump Water Units Segment by Application

    • 2.3.1 Residential

    • 2.3.2 Commercial

    • 2.3.3 Industrial

    • 2.3.4 Air Source Heat Pump Water Units Sales by Application

      • 2.3.4.1 Global Air Source Heat Pump Water Units Sale Market Share by Application (2021-2026)
      • 2.3.4.2 Global Air Source Heat Pump Water Units Revenue and Market Share by Application (2021-2026)
      • 2.3.4.3 Global Air Source Heat Pump Water Units Sale Price by Application (2021-2026)

• 3 Global by Company

  • 3.1 Global Air Source Heat Pump Water Units Breakdown Data by Company

    • 3.1.1 Global Air Source Heat Pump Water Units Annual Sales by Company (2021-2026)

    • 3.1.2 Global Air Source Heat Pump Water Units Sales Market Share by Company (2021-2026)

  • 3.2 Global Air Source Heat Pump Water Units Annual Revenue by Company (2021-2026)

    • 3.2.1 Global Air Source Heat Pump Water Units Revenue by Company (2021-2026)

    • 3.2.2 Global Air Source Heat Pump Water Units Revenue Market Share by Company (2021-2026)

  • 3.3 Global Air Source Heat Pump Water Units Sale Price by Company

  • 3.4 Key Manufacturers Air Source Heat Pump Water Units Producing Area Distribution, Sales Area, Product Type

    • 3.4.1 Key Manufacturers Air Source Heat Pump Water Units Product Location Distribution

    • 3.4.2 Players Air Source Heat Pump Water Units Products Offered

  • 3.5 Market Concentration Rate Analysis

    • 3.5.1 Competition Landscape Analysis

    • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)

  • 3.6 New Products and Potential Entrants

  • 3.7 Market M&A Activity & Strategy

• 4 World Historic Review for Air Source Heat Pump Water Units by Geographic Region

  • 4.1 World Historic Air Source Heat Pump Water Units Market Size by Geographic Region (2021-2026)

    • 4.1.1 Global Air Source Heat Pump Water Units Annual Sales by Geographic Region (2021-2026)

    • 4.1.2 Global Air Source Heat Pump Water Units Annual Revenue by Geographic Region (2021-2026)

  • 4.2 World Historic Air Source Heat Pump Water Units Market Size by Country/Region (2021-2026)

    • 4.2.1 Global Air Source Heat Pump Water Units Annual Sales by Country/Region (2021-2026)

    • 4.2.2 Global Air Source Heat Pump Water Units Annual Revenue by Country/Region (2021-2026)

  • 4.3 Americas Air Source Heat Pump Water Units Sales Growth

  • 4.4 APAC Air Source Heat Pump Water Units Sales Growth

  • 4.5 Europe Air Source Heat Pump Water Units Sales Growth

  • 4.6 Middle East & Africa Air Source Heat Pump Water Units Sales Growth

• 5 Americas

  • 5.1 Americas Air Source Heat Pump Water Units Sales by Country

    • 5.1.1 Americas Air Source Heat Pump Water Units Sales by Country (2021-2026)

    • 5.1.2 Americas Air Source Heat Pump Water Units Revenue by Country (2021-2026)

  • 5.2 Americas Air Source Heat Pump Water Units Sales by Type (2021-2026)

  • 5.3 Americas Air Source Heat Pump Water Units Sales by Application (2021-2026)

  • 5.4 United States

  • 5.5 Canada

  • 5.6 Mexico

  • 5.7 Brazil

• 6 APAC

  • 6.1 APAC Air Source Heat Pump Water Units Sales by Region

    • 6.1.1 APAC Air Source Heat Pump Water Units Sales by Region (2021-2026)

    • 6.1.2 APAC Air Source Heat Pump Water Units Revenue by Region (2021-2026)

  • 6.2 APAC Air Source Heat Pump Water Units Sales by Type (2021-2026)

  • 6.3 APAC Air Source Heat Pump Water Units Sales by Application (2021-2026)

  • 6.4 China

  • 6.5 Japan

  • 6.6 South Korea

  • 6.7 Southeast Asia

  • 6.8 India

  • 6.9 Australia

  • 6.10 China Taiwan

• 7 Europe

  • 7.1 Europe Air Source Heat Pump Water Units by Country

    • 7.1.1 Europe Air Source Heat Pump Water Units Sales by Country (2021-2026)

    • 7.1.2 Europe Air Source Heat Pump Water Units Revenue by Country (2021-2026)

  • 7.2 Europe Air Source Heat Pump Water Units Sales by Type (2021-2026)

  • 7.3 Europe Air Source Heat Pump Water Units Sales by Application (2021-2026)

  • 7.4 Germany

  • 7.5 France

  • 7.6 UK

  • 7.7 Italy

  • 7.8 Russia

• 8 Middle East & Africa

  • 8.1 Middle East & Africa Air Source Heat Pump Water Units by Country

    • 8.1.1 Middle East & Africa Air Source Heat Pump Water Units Sales by Country (2021-2026)

    • 8.1.2 Middle East & Africa Air Source Heat Pump Water Units Revenue by Country (2021-2026)

  • 8.2 Middle East & Africa Air Source Heat Pump Water Units Sales by Type (2021-2026)

  • 8.3 Middle East & Africa Air Source Heat Pump Water Units Sales by Application (2021-2026)

  • 8.4 Egypt

  • 8.5 South Africa

  • 8.6 Israel

  • 8.7 Turkey

  • 8.8 GCC Countries

• 9 Market Drivers, Challenges and Trends

  • 9.1 Market Drivers & Growth Opportunities

  • 9.2 Market Challenges & Risks

  • 9.3 Industry Trends

• 10 Manufacturing Cost Structure Analysis

  • 10.1 Raw Material and Suppliers

  • 10.2 Manufacturing Cost Structure Analysis of Air Source Heat Pump Water Units

  • 10.3 Manufacturing Process Analysis of Air Source Heat Pump Water Units

  • 10.4 Industry Chain Structure of Air Source Heat Pump Water Units

• 11 Marketing, Distributors and Customer

  • 11.1 Sales Channel

    • 11.1.1 Direct Channels

    • 11.1.2 Indirect Channels

  • 11.2 Air Source Heat Pump Water Units Distributors

  • 11.3 Air Source Heat Pump Water Units Customer

• 12 World Forecast Review for Air Source Heat Pump Water Units by Geographic Region

  • 12.1 Global Air Source Heat Pump Water Units Market Size Forecast by Region

    • 12.1.1 Global Air Source Heat Pump Water Units Forecast by Region (2027-2032)

    • 12.1.2 Global Air Source Heat Pump Water Units Annual Revenue Forecast by Region (2027-2032)

  • 12.2 Americas Forecast by Country (2027-2032)

  • 12.3 APAC Forecast by Region (2027-2032)

  • 12.4 Europe Forecast by Country (2027-2032)

  • 12.5 Middle East & Africa Forecast by Country (2027-2032)

  • 12.6 Global Air Source Heat Pump Water Units Forecast by Type (2027-2032)

  • 12.7 Global Air Source Heat Pump Water Units Forecast by Application (2027-2032)

• 13 Key Players Analysis

  • 13.1 Climaveneta

    • 13.1.1 Climaveneta Company Information

    • 13.1.2 Climaveneta Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.1.3 Climaveneta Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.1.4 Climaveneta Main Business Overview

    • 13.1.5 Climaveneta Latest Developments

  • 13.2 Johnson Controls

    • 13.2.1 Johnson Controls Company Information

    • 13.2.2 Johnson Controls Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.2.3 Johnson Controls Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.2.4 Johnson Controls Main Business Overview

    • 13.2.5 Johnson Controls Latest Developments

  • 13.3 Rheem

    • 13.3.1 Rheem Company Information

    • 13.3.2 Rheem Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.3.3 Rheem Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.3.4 Rheem Main Business Overview

    • 13.3.5 Rheem Latest Developments

  • 13.4 Hisense Hitachi

    • 13.4.1 Hisense Hitachi Company Information

    • 13.4.2 Hisense Hitachi Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.4.3 Hisense Hitachi Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.4.4 Hisense Hitachi Main Business Overview

    • 13.4.5 Hisense Hitachi Latest Developments

  • 13.5 Mcquay

    • 13.5.1 Mcquay Company Information

    • 13.5.2 Mcquay Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.5.3 Mcquay Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.5.4 Mcquay Main Business Overview

    • 13.5.5 Mcquay Latest Developments

  • 13.6 Midea

    • 13.6.1 Midea Company Information

    • 13.6.2 Midea Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.6.3 Midea Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.6.4 Midea Main Business Overview

    • 13.6.5 Midea Latest Developments

  • 13.7 DunAn Electro-Mechanical Technology

    • 13.7.1 DunAn Electro-Mechanical Technology Company Information

    • 13.7.2 DunAn Electro-Mechanical Technology Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.7.3 DunAn Electro-Mechanical Technology Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.7.4 DunAn Electro-Mechanical Technology Main Business Overview

    • 13.7.5 DunAn Electro-Mechanical Technology Latest Developments

  • 13.8 Qingdao ALKKT Energy

    • 13.8.1 Qingdao ALKKT Energy Company Information

    • 13.8.2 Qingdao ALKKT Energy Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.8.3 Qingdao ALKKT Energy Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.8.4 Qingdao ALKKT Energy Main Business Overview

    • 13.8.5 Qingdao ALKKT Energy Latest Developments

  • 13.9 Guangdong Eurasian Refrigeration Equipment

    • 13.9.1 Guangdong Eurasian Refrigeration Equipment Company Information

    • 13.9.2 Guangdong Eurasian Refrigeration Equipment Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.9.3 Guangdong Eurasian Refrigeration Equipment Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.9.4 Guangdong Eurasian Refrigeration Equipment Main Business Overview

    • 13.9.5 Guangdong Eurasian Refrigeration Equipment Latest Developments

  • 13.10 Beijing Haiwu Technology

    • 13.10.1 Beijing Haiwu Technology Company Information

    • 13.10.2 Beijing Haiwu Technology Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.10.3 Beijing Haiwu Technology Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.10.4 Beijing Haiwu Technology Main Business Overview

    • 13.10.5 Beijing Haiwu Technology Latest Developments

  • 13.11 Hien New Energy Equipment

    • 13.11.1 Hien New Energy Equipment Company Information

    • 13.11.2 Hien New Energy Equipment Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.11.3 Hien New Energy Equipment Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.11.4 Hien New Energy Equipment Main Business Overview

    • 13.11.5 Hien New Energy Equipment Latest Developments

  • 13.12 Shandong Chuangjia Petroleum Machinery Manufacturing

    • 13.12.1 Shandong Chuangjia Petroleum Machinery Manufacturing Company Information

    • 13.12.2 Shandong Chuangjia Petroleum Machinery Manufacturing Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.12.3 Shandong Chuangjia Petroleum Machinery Manufacturing Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.12.4 Shandong Chuangjia Petroleum Machinery Manufacturing Main Business Overview

    • 13.12.5 Shandong Chuangjia Petroleum Machinery Manufacturing Latest Developments

  • 13.13 YIELDHOUSE Technology

    • 13.13.1 YIELDHOUSE Technology Company Information

    • 13.13.2 YIELDHOUSE Technology Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.13.3 YIELDHOUSE Technology Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.13.4 YIELDHOUSE Technology Main Business Overview

    • 13.13.5 YIELDHOUSE Technology Latest Developments

  • 13.14 Hiseer

    • 13.14.1 Hiseer Company Information

    • 13.14.2 Hiseer Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.14.3 Hiseer Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.14.4 Hiseer Main Business Overview

    • 13.14.5 Hiseer Latest Developments

  • 13.15 Shandong GRAD Group

    • 13.15.1 Shandong GRAD Group Company Information

    • 13.15.2 Shandong GRAD Group Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.15.3 Shandong GRAD Group Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.15.4 Shandong GRAD Group Main Business Overview

    • 13.15.5 Shandong GRAD Group Latest Developments

  • 13.16 Zhejiang Yongneng Industry

    • 13.16.1 Zhejiang Yongneng Industry Company Information

    • 13.16.2 Zhejiang Yongneng Industry Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.16.3 Zhejiang Yongneng Industry Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.16.4 Zhejiang Yongneng Industry Main Business Overview

    • 13.16.5 Zhejiang Yongneng Industry Latest Developments

  • 13.17 Shandong Qihao New Energy Technology

    • 13.17.1 Shandong Qihao New Energy Technology Company Information

    • 13.17.2 Shandong Qihao New Energy Technology Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.17.3 Shandong Qihao New Energy Technology Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.17.4 Shandong Qihao New Energy Technology Main Business Overview

    • 13.17.5 Shandong Qihao New Energy Technology Latest Developments

  • 13.18 Beijing Kcalin New Energy Technology

    • 13.18.1 Beijing Kcalin New Energy Technology Company Information

    • 13.18.2 Beijing Kcalin New Energy Technology Air Source Heat Pump Water Units Product Portfolios and Specifications

    • 13.18.3 Beijing Kcalin New Energy Technology Air Source Heat Pump Water Units Sales, Revenue, Price and Gross Margin (2021-2026)

    • 13.18.4 Beijing Kcalin New Energy Technology Main Business Overview

    • 13.18.5 Beijing Kcalin New Energy Technology Latest Developments

• 14 Research Findings and Conclusion