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Synopsis
The device used to pull heat from a lower temperature zone and deliver it to a higher temperature zone is known as a heat pump. These heat pumps use refrigerant in closed or open cycle, which acts as an intermediate medium of heat exchange between source and destination. Heat pumps are of various types such as working on the basis of heat source, air source, water source, ground source, and hybrid.
The global Heat Pump market was valued at US$ 7261.6 million in 2023 and is anticipated to reach US$ 10540 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
Growth of the construction industry along with increasing implementation of stringent new building regulations by governments worldwide, especially in China, Japan, U.S., South Korea, and Europe are expected to be the key factors driving demand for heat pumps for residential applications. In countries such as Japan, Australia, U.S., and countries of Europe, governments are providing subsidies on purchase of heat pumps in order to reduce their carbon footprint and increase use of renewable sources of energy for heating and cooling purposes. Also, certain countries like Japan and China have their own renewable energy policies for heating purposes, which promote the use of heat pumps over conventional heating devices.
This report aims to provide a comprehensive presentation of the global market for Heat Pump, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Pump.
Report Scope
The Heat Pump market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heat Pump market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Heat Pump manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Carrier Corporation
- Daikin
- Danfoss
- Mitsubishi Electric
- NIBE
- Airwell
- BDR Thermea
- Bryant Heating & Cooling
- Emerson Climate Technologies
- Enertech
Segment by Type
- Air-to-Air
- Air-to-Water
Segment by Application
- Residential
- Commercial
- Industrial
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heat Pump manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heat Pump by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heat Pump in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Heat Pump Market Overview
1.1 Product Definition
1.2 Heat Pump Segment by Type
1.2.1 Global Heat Pump Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Air-to-Air
1.2.3 Air-to-Water
1.3 Heat Pump Segment by Application
1.3.1 Global Heat Pump Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Heat Pump Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heat Pump Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heat Pump Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heat Pump Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heat Pump Production Market Share by Manufacturers (2019-2024)
2.2 Global Heat Pump Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heat Pump, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Heat Pump Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Heat Pump Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heat Pump, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heat Pump, Product Offered and Application
2.8 Global Key Manufacturers of Heat Pump, Date of Enter into This Industry
2.9 Heat Pump Market Competitive Situation and Trends
2.9.1 Heat Pump Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heat Pump Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heat Pump Production by Region
3.1 Global Heat Pump Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heat Pump Production Value by Region (2019-2030)
3.2.1 Global Heat Pump Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heat Pump by Region (2025-2030)
3.3 Global Heat Pump Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heat Pump Production by Region (2019-2030)
3.4.1 Global Heat Pump Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heat Pump by Region (2025-2030)
3.5 Global Heat Pump Market Price Analysis by Region (2019-2024)
3.6 Global Heat Pump Production and Value, Year-over-Year Growth
3.6.1 North America Heat Pump Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heat Pump Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heat Pump Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heat Pump Production Value Estimates and Forecasts (2019-2030)
4 Heat Pump Consumption by Region
4.1 Global Heat Pump Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heat Pump Consumption by Region (2019-2030)
4.2.1 Global Heat Pump Consumption by Region (2019-2024)
4.2.2 Global Heat Pump Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heat Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heat Pump Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heat Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heat Pump Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Heat Pump Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heat Pump Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Heat Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heat Pump Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Heat Pump Production by Type (2019-2030)
5.1.1 Global Heat Pump Production by Type (2019-2024)
5.1.2 Global Heat Pump Production by Type (2025-2030)
5.1.3 Global Heat Pump Production Market Share by Type (2019-2030)
5.2 Global Heat Pump Production Value by Type (2019-2030)
5.2.1 Global Heat Pump Production Value by Type (2019-2024)
5.2.2 Global Heat Pump Production Value by Type (2025-2030)
5.2.3 Global Heat Pump Production Value Market Share by Type (2019-2030)
5.3 Global Heat Pump Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heat Pump Production by Application (2019-2030)
6.1.1 Global Heat Pump Production by Application (2019-2024)
6.1.2 Global Heat Pump Production by Application (2025-2030)
6.1.3 Global Heat Pump Production Market Share by Application (2019-2030)
6.2 Global Heat Pump Production Value by Application (2019-2030)
6.2.1 Global Heat Pump Production Value by Application (2019-2024)
6.2.2 Global Heat Pump Production Value by Application (2025-2030)
6.2.3 Global Heat Pump Production Value Market Share by Application (2019-2030)
6.3 Global Heat Pump Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Carrier Corporation
7.1.1 Carrier Corporation Heat Pump Corporation Information
7.1.2 Carrier Corporation Heat Pump Product Portfolio
7.1.3 Carrier Corporation Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Carrier Corporation Main Business and Markets Served
7.1.5 Carrier Corporation Recent Developments/Updates
7.2 Daikin
7.2.1 Daikin Heat Pump Corporation Information
7.2.2 Daikin Heat Pump Product Portfolio
7.2.3 Daikin Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Daikin Main Business and Markets Served
7.2.5 Daikin Recent Developments/Updates
7.3 Danfoss
7.3.1 Danfoss Heat Pump Corporation Information
7.3.2 Danfoss Heat Pump Product Portfolio
7.3.3 Danfoss Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Danfoss Main Business and Markets Served
7.3.5 Danfoss Recent Developments/Updates
7.4 Mitsubishi Electric
7.4.1 Mitsubishi Electric Heat Pump Corporation Information
7.4.2 Mitsubishi Electric Heat Pump Product Portfolio
7.4.3 Mitsubishi Electric Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Electric Main Business and Markets Served
7.4.5 Mitsubishi Electric Recent Developments/Updates
7.5 NIBE
7.5.1 NIBE Heat Pump Corporation Information
7.5.2 NIBE Heat Pump Product Portfolio
7.5.3 NIBE Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.5.4 NIBE Main Business and Markets Served
7.5.5 NIBE Recent Developments/Updates
7.6 Airwell
7.6.1 Airwell Heat Pump Corporation Information
7.6.2 Airwell Heat Pump Product Portfolio
7.6.3 Airwell Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Airwell Main Business and Markets Served
7.6.5 Airwell Recent Developments/Updates
7.7 BDR Thermea
7.7.1 BDR Thermea Heat Pump Corporation Information
7.7.2 BDR Thermea Heat Pump Product Portfolio
7.7.3 BDR Thermea Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.7.4 BDR Thermea Main Business and Markets Served
7.7.5 BDR Thermea Recent Developments/Updates
7.8 Bryant Heating & Cooling
7.8.1 Bryant Heating & Cooling Heat Pump Corporation Information
7.8.2 Bryant Heating & Cooling Heat Pump Product Portfolio
7.8.3 Bryant Heating & Cooling Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Bryant Heating & Cooling Main Business and Markets Served
7.7.5 Bryant Heating & Cooling Recent Developments/Updates
7.9 Emerson Climate Technologies
7.9.1 Emerson Climate Technologies Heat Pump Corporation Information
7.9.2 Emerson Climate Technologies Heat Pump Product Portfolio
7.9.3 Emerson Climate Technologies Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Emerson Climate Technologies Main Business and Markets Served
7.9.5 Emerson Climate Technologies Recent Developments/Updates
7.10 Enertech
7.10.1 Enertech Heat Pump Corporation Information
7.10.2 Enertech Heat Pump Product Portfolio
7.10.3 Enertech Heat Pump Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Enertech Main Business and Markets Served
7.10.5 Enertech Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heat Pump Industry Chain Analysis
8.2 Heat Pump Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heat Pump Production Mode & Process
8.4 Heat Pump Sales and Marketing
8.4.1 Heat Pump Sales Channels
8.4.2 Heat Pump Distributors
8.5 Heat Pump Customers
9 Heat Pump Market Dynamics
9.1 Heat Pump Industry Trends
9.2 Heat Pump Market Drivers
9.3 Heat Pump Market Challenges
9.4 Heat Pump Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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