Residential Ducted Heat Pump Market Size

Residential Ducted Heat Pump Market size was over USD 10.27 billion in 2024 and is poised to exceed USD 29.31 billion by 2037, witnessing over 8.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of residential ducted heat pump is evaluated at USD 10.96 billion. The major element to dominates the expansion of the market is the growing deterioration of air quality. As per the prediction of the World Health Organization, the premature death of 3.2 million people through illnesses is attributed to household air pollution led by the deficient flaming kerosene and solid fuels utilized for cooking. Furthermore, other pollutants present indoors provoke airways and lungs and decrease the oxygen-carrying capacity. Hence, the need to improve air quality is growing. As a consequence, the demand for residential ducted heat pump is also experiencing growth.

Furthermore, governments across the world are launching various policies and schemes to support the deployment of ducted heat pumps in residential facilities to encourage a clean indoor environment. Hence, this factor is also predicted to influence the residential ducted heat pump market revenue.