5 Top Heat Pump Manufacturing Companies
The global heat pump market is experiencing significant growth owing to rising demand from residential areas and favorable policies introduced by some governments to reduce carbon dioxide emissions. A heat pump is a device that transfers thermal energy from one source to another. They can be used in industrial and residential areas and are an energy-saving alternative to other systems and products. This is because a heat pump does not actually heat or cool the air, but rather pumps warm or cold air from one place to another. This heat transfer is more energy efficient, making heat pumps an excellent device for our environment. This list includes five of the world's leading heat pump manufacturers.
1. Carrier Global Corporation, Palm Beach Gardens (USA)
Carrier is a leading global provider of sustainable, safe and healthy building and cold chain solutions headquartered in Florida. The company manufactures heating, ventilation and air conditioning systems. Its founder, Willis Carrier, developed the first modern air conditioning system in 1902. Since then, Carrier has continued to build on this foundation, innovating heating and cooling solutions, including heat pumps. Carrier offers a variety of heat pump options and earlier this year released a new series that meets 2023 Department of Energy minimum efficiency requirements. The company owns more than 75 industry-leading brands, including Logic, Bryant, CIAT, NORESCO and Heil.
2. Daikin Industrial Co., Ltd., Osaka (Japan)
Daikin Industries is a global leader in the commercial and industrial air conditioning market. The company was founded in 1924 and is headquartered in Osaka, Japan. Daikin is challenging new frontiers in sustainability under its strategic management plan Fusion 25 and working to minimize its environmental impact on the planet. Daikin operates in more than 160 countries in Europe, Asia, Africa, Oceania, North America, Latin America and the Middle East. The company has installed 1.2 million water heat pumps in Europe since 2006 and is investing in expanding production capabilities to optimally meet growing demand. This makes it one of the most influential heat pump manufacturers in the world.
3. Mitsubishi Electric Corporation, Tokyo (Japan)
Mitsubishi Electric is a global leader in the manufacture and sale of electrical and electronic products and systems, of which heat pumps are one. The company was founded in 1921 and is headquartered in Tokyo. Mitsubishi Electric is committed to contributing to the realization of a vibrant and sustainable society through technological innovation and creativity. The company offers a variety of options for home air source heat pumps, including mini-split or ductless heat pumps, ducted heat pumps, indoor and outdoor units, single-zone systems, and multi-zone systems. Mitsubishi has offices in the United States, Asia, Europe, Africa and the Middle East.
4. NIBE Energy Systems, Chesterfield (UK)
NIBE Energy Systems is a Chesterfield-based subsidiary of NIBE, an international heating technology company specializing in the supply of heat pumps and electric water heaters to private homes and larger premises. The company produces energy-efficient and sustainable climate solutions and focuses on innovation and production. NIBE has been listed on the Nasdaq Stockholm Large Cap List under the name NIBE Industrier since 1997 and on the SIX Swiss Exchange since 2011. The company operates in Europe, North America, Asia and Australia.
5. Leomon HVAC, Ma’anshan (China)
Leomon is a leading global high-tech company headquartered in Ma'anshan. Since 2005, Leomon has established its own production base in Ma'anshan. Leomon's business pillars include CO2 (R744) heat pumps, hot water heat pumps, and swimming pool heat pumps. Loemon has 11 production centers and more than 800 employees. The company operates in Africa, Asia Pacific, North and South America, Europe and the Middle East. The company provides OEM customized heat pump services, and it provides OEM services for many well-known brand heat pumps around the world.
