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Global Heat Pumps Market Research Report 2025

Global Heat Pumps Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1382629

No of Pages : 130

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Synopsis

A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

The global Heat Pumps market was valued at US$ 8103 million in 2023 and is anticipated to reach US$ 11760 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.

Global Heat Pumps key players include Daikin, Mitsubishi, Atlantic, NIBE Industrier, Hitachi, etc. Global top five players hold a share about 45%.

China is the largest market, with a share about 40%, followed by Europe and Japan, having a total share about 40 percent.

In terms of product, Air to Water Monobloc is the largest segment, with a share about 75%. And in terms of application, the largest application is Residential Heat Pumps, followed by Industrial Heat Pumps, Commercial Heat Pumps.

This report aims to provide a comprehensive presentation of the global market for Heat Pumps, 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 Pumps.

Report Scope

The Heat Pumps 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 Pumps 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 Pumps 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.

By Company

  • Daikin
  • Mitsubishi
  • Atlantic
  • NIBE Industrier
  • Hitachi
  • Bosch
  • Panasonic
  • Aermec
  • STIEBEL ELTRON
  • CIAT
  • Fujitsu
  • Vaillant
  • Danfoss Group
  • Carrier
  • Rheem
  • Johnson Controls
  • Calorex
  • Kensa
  • Maritime Geothermal
  • Thermia
  • ClimateMaster
  • Bryant
  • Midea
  • GREE Electric
  • Sirac
  • Anywhere
  • Fuerda
  • Tongyi Electrical
  • AMITIME
  • Zhengxu

Segment by Type

  • Air to Water Monobloc
  • Air to Water Cylinder
  • Ground/Water to Water
  • Air to Water Split
  • Exhaust Air

Segment by Application

  • Residential Heat Pumps
  • Industrial Heat Pumps
  • Commercial Heat Pumps

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 Pumps manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heat Pumps 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 Pumps 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 Pumps Market Overview
1.1 Product Definition
1.2 Heat Pumps Segment by Type
1.2.1 Global Heat Pumps Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Air to Water Monobloc
1.2.3 Air to Water Cylinder
1.2.4 Ground/Water to Water
1.2.5 Air to Water Split
1.2.6 Exhaust Air
1.3 Heat Pumps Segment by Application
1.3.1 Global Heat Pumps Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential Heat Pumps
1.3.3 Industrial Heat Pumps
1.3.4 Commercial Heat Pumps
1.4 Global Market Growth Prospects
1.4.1 Global Heat Pumps Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Heat Pumps Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Heat Pumps Production Estimates and Forecasts (2019-2030)
1.4.4 Global Heat Pumps Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Heat Pumps Production Market Share by Manufacturers (2019-2024)
2.2 Global Heat Pumps Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Heat Pumps, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Heat Pumps Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Heat Pumps Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Heat Pumps, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Heat Pumps, Product Offered and Application
2.8 Global Key Manufacturers of Heat Pumps, Date of Enter into This Industry
2.9 Heat Pumps Market Competitive Situation and Trends
2.9.1 Heat Pumps Market Concentration Rate
2.9.2 Global 5 and 10 Largest Heat Pumps Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Heat Pumps Production by Region
3.1 Global Heat Pumps Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Heat Pumps Production Value by Region (2019-2030)
3.2.1 Global Heat Pumps Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Heat Pumps by Region (2025-2030)
3.3 Global Heat Pumps Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Heat Pumps Production by Region (2019-2030)
3.4.1 Global Heat Pumps Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Heat Pumps by Region (2025-2030)
3.5 Global Heat Pumps Market Price Analysis by Region (2019-2024)
3.6 Global Heat Pumps Production and Value, Year-over-Year Growth
3.6.1 North America Heat Pumps Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Heat Pumps Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Heat Pumps Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Heat Pumps Production Value Estimates and Forecasts (2019-2030)
4 Heat Pumps Consumption by Region
4.1 Global Heat Pumps Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Heat Pumps Consumption by Region (2019-2030)
4.2.1 Global Heat Pumps Consumption by Region (2019-2024)
4.2.2 Global Heat Pumps Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Heat Pumps Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Heat Pumps 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 Pumps Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Heat Pumps 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 Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Heat Pumps 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 Pumps Production by Type (2019-2030)
5.1.1 Global Heat Pumps Production by Type (2019-2024)
5.1.2 Global Heat Pumps Production by Type (2025-2030)
5.1.3 Global Heat Pumps Production Market Share by Type (2019-2030)
5.2 Global Heat Pumps Production Value by Type (2019-2030)
5.2.1 Global Heat Pumps Production Value by Type (2019-2024)
5.2.2 Global Heat Pumps Production Value by Type (2025-2030)
5.2.3 Global Heat Pumps Production Value Market Share by Type (2019-2030)
5.3 Global Heat Pumps Price by Type (2019-2030)
6 Segment by Application
6.1 Global Heat Pumps Production by Application (2019-2030)
6.1.1 Global Heat Pumps Production by Application (2019-2024)
6.1.2 Global Heat Pumps Production by Application (2025-2030)
6.1.3 Global Heat Pumps Production Market Share by Application (2019-2030)
6.2 Global Heat Pumps Production Value by Application (2019-2030)
6.2.1 Global Heat Pumps Production Value by Application (2019-2024)
6.2.2 Global Heat Pumps Production Value by Application (2025-2030)
6.2.3 Global Heat Pumps Production Value Market Share by Application (2019-2030)
6.3 Global Heat Pumps Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Daikin
7.1.1 Daikin Heat Pumps Corporation Information
7.1.2 Daikin Heat Pumps Product Portfolio
7.1.3 Daikin Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Daikin Main Business and Markets Served
7.1.5 Daikin Recent Developments/Updates
7.2 Mitsubishi
7.2.1 Mitsubishi Heat Pumps Corporation Information
7.2.2 Mitsubishi Heat Pumps Product Portfolio
7.2.3 Mitsubishi Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Mitsubishi Main Business and Markets Served
7.2.5 Mitsubishi Recent Developments/Updates
7.3 Atlantic
7.3.1 Atlantic Heat Pumps Corporation Information
7.3.2 Atlantic Heat Pumps Product Portfolio
7.3.3 Atlantic Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Atlantic Main Business and Markets Served
7.3.5 Atlantic Recent Developments/Updates
7.4 NIBE Industrier
7.4.1 NIBE Industrier Heat Pumps Corporation Information
7.4.2 NIBE Industrier Heat Pumps Product Portfolio
7.4.3 NIBE Industrier Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.4.4 NIBE Industrier Main Business and Markets Served
7.4.5 NIBE Industrier Recent Developments/Updates
7.5 Hitachi
7.5.1 Hitachi Heat Pumps Corporation Information
7.5.2 Hitachi Heat Pumps Product Portfolio
7.5.3 Hitachi Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hitachi Main Business and Markets Served
7.5.5 Hitachi Recent Developments/Updates
7.6 Bosch
7.6.1 Bosch Heat Pumps Corporation Information
7.6.2 Bosch Heat Pumps Product Portfolio
7.6.3 Bosch Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Bosch Main Business and Markets Served
7.6.5 Bosch Recent Developments/Updates
7.7 Panasonic
7.7.1 Panasonic Heat Pumps Corporation Information
7.7.2 Panasonic Heat Pumps Product Portfolio
7.7.3 Panasonic Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Panasonic Main Business and Markets Served
7.7.5 Panasonic Recent Developments/Updates
7.8 Aermec
7.8.1 Aermec Heat Pumps Corporation Information
7.8.2 Aermec Heat Pumps Product Portfolio
7.8.3 Aermec Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Aermec Main Business and Markets Served
7.7.5 Aermec Recent Developments/Updates
7.9 STIEBEL ELTRON
7.9.1 STIEBEL ELTRON Heat Pumps Corporation Information
7.9.2 STIEBEL ELTRON Heat Pumps Product Portfolio
7.9.3 STIEBEL ELTRON Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.9.4 STIEBEL ELTRON Main Business and Markets Served
7.9.5 STIEBEL ELTRON Recent Developments/Updates
7.10 CIAT
7.10.1 CIAT Heat Pumps Corporation Information
7.10.2 CIAT Heat Pumps Product Portfolio
7.10.3 CIAT Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.10.4 CIAT Main Business and Markets Served
7.10.5 CIAT Recent Developments/Updates
7.11 Fujitsu
7.11.1 Fujitsu Heat Pumps Corporation Information
7.11.2 Fujitsu Heat Pumps Product Portfolio
7.11.3 Fujitsu Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Fujitsu Main Business and Markets Served
7.11.5 Fujitsu Recent Developments/Updates
7.12 Vaillant
7.12.1 Vaillant Heat Pumps Corporation Information
7.12.2 Vaillant Heat Pumps Product Portfolio
7.12.3 Vaillant Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Vaillant Main Business and Markets Served
7.12.5 Vaillant Recent Developments/Updates
7.13 Danfoss Group
7.13.1 Danfoss Group Heat Pumps Corporation Information
7.13.2 Danfoss Group Heat Pumps Product Portfolio
7.13.3 Danfoss Group Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Danfoss Group Main Business and Markets Served
7.13.5 Danfoss Group Recent Developments/Updates
7.14 Carrier
7.14.1 Carrier Heat Pumps Corporation Information
7.14.2 Carrier Heat Pumps Product Portfolio
7.14.3 Carrier Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Carrier Main Business and Markets Served
7.14.5 Carrier Recent Developments/Updates
7.15 Rheem
7.15.1 Rheem Heat Pumps Corporation Information
7.15.2 Rheem Heat Pumps Product Portfolio
7.15.3 Rheem Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Rheem Main Business and Markets Served
7.15.5 Rheem Recent Developments/Updates
7.16 Johnson Controls
7.16.1 Johnson Controls Heat Pumps Corporation Information
7.16.2 Johnson Controls Heat Pumps Product Portfolio
7.16.3 Johnson Controls Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Johnson Controls Main Business and Markets Served
7.16.5 Johnson Controls Recent Developments/Updates
7.17 Calorex
7.17.1 Calorex Heat Pumps Corporation Information
7.17.2 Calorex Heat Pumps Product Portfolio
7.17.3 Calorex Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Calorex Main Business and Markets Served
7.17.5 Calorex Recent Developments/Updates
7.18 Kensa
7.18.1 Kensa Heat Pumps Corporation Information
7.18.2 Kensa Heat Pumps Product Portfolio
7.18.3 Kensa Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Kensa Main Business and Markets Served
7.18.5 Kensa Recent Developments/Updates
7.19 Maritime Geothermal
7.19.1 Maritime Geothermal Heat Pumps Corporation Information
7.19.2 Maritime Geothermal Heat Pumps Product Portfolio
7.19.3 Maritime Geothermal Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Maritime Geothermal Main Business and Markets Served
7.19.5 Maritime Geothermal Recent Developments/Updates
7.20 Thermia
7.20.1 Thermia Heat Pumps Corporation Information
7.20.2 Thermia Heat Pumps Product Portfolio
7.20.3 Thermia Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Thermia Main Business and Markets Served
7.20.5 Thermia Recent Developments/Updates
7.21 ClimateMaster
7.21.1 ClimateMaster Heat Pumps Corporation Information
7.21.2 ClimateMaster Heat Pumps Product Portfolio
7.21.3 ClimateMaster Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.21.4 ClimateMaster Main Business and Markets Served
7.21.5 ClimateMaster Recent Developments/Updates
7.22 Bryant
7.22.1 Bryant Heat Pumps Corporation Information
7.22.2 Bryant Heat Pumps Product Portfolio
7.22.3 Bryant Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Bryant Main Business and Markets Served
7.22.5 Bryant Recent Developments/Updates
7.23 Midea
7.23.1 Midea Heat Pumps Corporation Information
7.23.2 Midea Heat Pumps Product Portfolio
7.23.3 Midea Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.23.4 Midea Main Business and Markets Served
7.23.5 Midea Recent Developments/Updates
7.24 GREE Electric
7.24.1 GREE Electric Heat Pumps Corporation Information
7.24.2 GREE Electric Heat Pumps Product Portfolio
7.24.3 GREE Electric Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.24.4 GREE Electric Main Business and Markets Served
7.24.5 GREE Electric Recent Developments/Updates
7.25 Sirac
7.25.1 Sirac Heat Pumps Corporation Information
7.25.2 Sirac Heat Pumps Product Portfolio
7.25.3 Sirac Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.25.4 Sirac Main Business and Markets Served
7.25.5 Sirac Recent Developments/Updates
7.26 Anywhere
7.26.1 Anywhere Heat Pumps Corporation Information
7.26.2 Anywhere Heat Pumps Product Portfolio
7.26.3 Anywhere Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.26.4 Anywhere Main Business and Markets Served
7.26.5 Anywhere Recent Developments/Updates
7.27 Fuerda
7.27.1 Fuerda Heat Pumps Corporation Information
7.27.2 Fuerda Heat Pumps Product Portfolio
7.27.3 Fuerda Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.27.4 Fuerda Main Business and Markets Served
7.27.5 Fuerda Recent Developments/Updates
7.28 Tongyi Electrical
7.28.1 Tongyi Electrical Heat Pumps Corporation Information
7.28.2 Tongyi Electrical Heat Pumps Product Portfolio
7.28.3 Tongyi Electrical Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.28.4 Tongyi Electrical Main Business and Markets Served
7.28.5 Tongyi Electrical Recent Developments/Updates
7.29 AMITIME
7.29.1 AMITIME Heat Pumps Corporation Information
7.29.2 AMITIME Heat Pumps Product Portfolio
7.29.3 AMITIME Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.29.4 AMITIME Main Business and Markets Served
7.29.5 AMITIME Recent Developments/Updates
7.30 Zhengxu
7.30.1 Zhengxu Heat Pumps Corporation Information
7.30.2 Zhengxu Heat Pumps Product Portfolio
7.30.3 Zhengxu Heat Pumps Production, Value, Price and Gross Margin (2019-2024)
7.30.4 Zhengxu Main Business and Markets Served
7.30.5 Zhengxu Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Heat Pumps Industry Chain Analysis
8.2 Heat Pumps Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Heat Pumps Production Mode & Process
8.4 Heat Pumps Sales and Marketing
8.4.1 Heat Pumps Sales Channels
8.4.2 Heat Pumps Distributors
8.5 Heat Pumps Customers
9 Heat Pumps Market Dynamics
9.1 Heat Pumps Industry Trends
9.2 Heat Pumps Market Drivers
9.3 Heat Pumps Market Challenges
9.4 Heat Pumps 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

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