Canada Outdoor Air Source Heat Pump Market Expected to Generate USD 2.78 Billion By 2032

The Canada Outdoor Air Source Heat Pump Market size was estimated at US$ 1.41 Billion in 2022 it is predicted to grow at a CAGR of 7.03% from 2023 to 2032 to reach around US$ 2.78 Billion by the end of 2032.

The Canada Outdoor Air Source Heat Pump Market report offers an exclusive study of the present state expected at the market dynamics, opportunities, market scheme, growth analysis and regional outlook. The report presents energetic visions to conclude and study the market size, market aspiration, and competitive environment. The research also focuses on the important achievements of the market, research & development, and regional (country by country) growth of the leading vendors operating in the market

The study offers intricate dynamics about different aspects of the Canada Outdoor Air Source Heat Pump Market, which aids companies operating in the market in making strategies development decisions. The study also elaborates on remarkable changes that are highly anticipated to configure growth of the Canada Outdoor Air Source Heat Pump Market during the forecast period. It also includes a key indicator analysis that highlights growth prospects of this market and approximate statistics related to growth of the market in terms of value (US$ Bn) and volume (tons).

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Report Scope of the Canada Outdoor Air Source Heat Pump Market

Report Coverage Details
Market Size in 2022 USD 1.41 billion
Revenue Forecast by 2032 USD 2.78 billion
Growth rate from 2023 to 2032 CAGR of 7.03%
Base Year 2022
Forecast Period 2023 to 2032
Market Analysis (Terms Used) Value (US$ Million/Billion) or (Volume/Units)
Companies Covered Carrier; Daikin Industries Ltd.; Ingersoll-Rand Plc (Trane); Robert Bosch GmbH; Danfoss; Mitsubishi Electric Corporation; Panasonic Holdings Corporation; Fujitsu; LG Electronics, Inc.; Rheem Manufacturing Company; Gree Comfort; Samsung; Lennox International; Hitachi, Ltd.; Johnson Controls, Inc.

This study covers an elaborate segmentation of the Canada Outdoor Air Source Heat Pump Market, along with important information and a competition outlook. The report mentions company profiles of players that are currently influence the Canada Outdoor Air Source Heat Pump Market, wherein various developments, expansions, and winning strategies practiced and execute by leading players have been presented in detail.

Key Players

Carrier; Daikin Industries Ltd.; Ingersoll-Rand Plc (Trane); Robert Bosch GmbH; Danfoss; Mitsubishi Electric Corporation; Panasonic Holdings Corporation; Fujitsu; LG Electronics, Inc.; Rheem Manufacturing Company; Gree Comfort; Samsung; Lennox International; Hitachi, Ltd.; Johnson Controls, Inc.

Market Segmentation

By Canada Outdoor Air Source Heat Pump Type 

  • Air to Air
  • Unitary system
  • Ductless system
  • Air to Water

By Canada Outdoor Air to Air Heat Pump Product 

  • Air Source Heat Pump (ASHP)
  • Hybrid
  • Electric
  • Cold Climate ASHP (CC-ASHP)
  • Hybrid
  • Electric

By Canada Outdoor Air to Air Heat Pump Application 

  • Residential
  • Light Commercial

By Canada Outdoor Air to Air Heat Pump Size 

  • 6,000 BTU
  • 9,000 BTU
  • 12,000 BTU
  • 15,000 BTU
  • 15,001 to 24,000 BTU
  • 24,000 to 48,000 BTU
  • Above 48,000 BTU

Research Methodology

The research methodology acquire by analysts for assemble the Canada Outdoor Air Source Heat Pump Market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the market.

For secondary research, analysts study numerous annual report declaration, white papers, market association declaration, and company websites to obtain the necessary understanding of the Canada Outdoor Air Source Heat Pump Market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Canada Outdoor Air Source Heat Pump Market 

5.1. COVID-19 Landscape: Canada Outdoor Air Source Heat Pump Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Canada Outdoor Air Source Heat Pump Market, By Type

8.1. Canada Outdoor Air Source Heat Pump Market, by Type, 2023-2032

8.1.1. Air to Air

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Air to Water

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Canada Outdoor Air Source Heat Pump Market, By Product

9.1. Canada Outdoor Air Source Heat Pump Market, by Product, 2023-2032

9.1.1. Air Source Heat Pump (ASHP)

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Cold Climate ASHP (CC-ASHP)

9.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Canada Outdoor Air Source Heat Pump Market, By Application 

10.1. Canada Outdoor Air Source Heat Pump Market, by Application, 2023-2032

10.1.1. Residential

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Light Commercial

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Canada Outdoor Air Source Heat Pump Market, By Size 

11.1. Canada Outdoor Air Source Heat Pump Market, by Size, 2023-2032

11.1.1. 6,000 BTU

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. 9,000 BTU

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. 12,000 BTU

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. 15,000 BTU

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. 15,001 to 24,000 BTU

11.1.5.1. Market Revenue and Forecast (2020-2032)

11.1.6. 24,000 to 48,000 BTU

11.1.6.1. Market Revenue and Forecast (2020-2032)

11.1.7. Above 48,000 BTU

11.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Canada Outdoor Air Source Heat Pump Market, Regional Estimates and Trend Forecast

12.1. Canada

12.1.1. Market Revenue and Forecast, by Type (2020-2032)

12.1.2. Market Revenue and Forecast, by Product (2020-2032)

12.1.3. Market Revenue and Forecast, by Application (2020-2032)

12.1.4. Market Revenue and Forecast, by Size (2020-2032)

Chapter 13. Company Profiles

13.1. Carrier

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Daikin Industries Ltd.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Ingersoll-Rand Plc (Trane)

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Robert Bosch GmbH

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Danfoss

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Mitsubishi Electric Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Panasonic Holdings Corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Fujitsu

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. LG Electronics, Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Rheem Manufacturing Company

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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