According to the research report, the global heat pump market size is expected to touch USD 139.4 Billion by 2030, from USD 75.9 Billion in 2022, growing with a significant CAGR of 74% from 2022 to 2030.
The heat pump report offers a comprehensive
study of the current state expected at the major drivers, market strategies,
and key vendors’ growth. The report presents energetic visions to conclude and
study the market size, market hopes, and competitive surroundings. The research
also focuses on the important achievements of the market, research & development,
and regional growth of the leading competitors operating in the market. The
current trends of the global heat pump in conjunction with the geographical
landscape of this vertical have also been included in this report.
The report offers intricate dynamics about
different aspects of the global heat pump market, which aids companies
operating in the market in making strategic development decisions. The study
also elaborates on significant changes that are highly anticipated to configure
growth of the global heat pump during the forecast period. It also includes a
key indicator assessment that highlights growth prospects of this market and
estimates statistics related to growth of the market in terms of value (US$ Mn)
and volume (tons).
Sample
Link @ https://www.precedenceresearch.com/sample/1644
| Report Coverage | Details |
| Market Size by 2030 | USD 139.4 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.9% |
| Asia-Pacific Market Share in 2021 | 46% |
| Residential Segment Makret Share in 2021 | 80% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Technology, Application, Rated Capacity, Refrigerant, Geography |
This study covers a detailed segmentation
of the global heat pump market, along with key information and a competition
outlook. The report mentions company profiles of players that are currently
dominating the global heat pump market, wherein various developments,
expansions, and winning strategies practiced and implemented by leading players
have been presented in detail.
Key Players
- Daikin Industries Ltd.
- Glen Dimplex Group
- Ingersoll Rand Plc
- Melrose Industries PLC
- Mitsubishi Electric Corporation
- NIBE Industrier AB
- StiebelEltron
- Vaillant Group
- ViessmannWerke GmbH & Co. KG
- Panasonic Corporation
Market Segmentation
- Water Source
- Air Source
- Ground Source
- Hybrid Heat Pump
By Application
- Industrial
- Commercial
- Educational Institutes
- Healthcare
- Retail
- Logistics & Transportation
- Offices
- Hospitality
- Residential
- Single Family
- Multi Family
By Rated Capacity
- Up to 10 kW
- 10 – 20 kW
- 20 – 30 kW
- Above 30 kW
By Refrigerant
- R410A
- R407C
- R744
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
Research Methodology
The research methodology adopted by
analysts for compiling the global heat pump 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 global 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 global
market.
For secondary research, analysts
scrutinized numerous annual report publications, white papers, market
association publications, and company websites to obtain the necessary understanding
of the global 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 Heat Pump Market
5.1. COVID-19 Landscape: Heat Pump Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global 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. Global Heat Pump Market, By Technology
8.1. Heat Pump Market, by Technology Type, 2022-2030
8.1.1. Water Source
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Air Source
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Hybrid Heat Pump
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Ground Source
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Heat Pump Market, By Application
9.1. Heat Pump Market, by Application, 2022-2030
9.1.1. Industrial
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Commercial
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Residential
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Heat Pump Market, By Rated Capacity
10.1. Heat Pump Market, by Rated Capacity Type, 2022-2030
10.1.1. Up to 10 kW
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. 10 – 20 kW
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. 20 – 30 kW
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Above 30 kW
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Heat Pump Market, By Refrigerant Type
11.1. Heat Pump Market, by Refrigerant Type, 2022-2030
11.1.1. R410A
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. R407C
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. R744
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Heat Pump Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Technology (2017-2030)
12.1.2. Market Revenue and Forecast, by Application (2017-2030)
12.1.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.1.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Technology (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Application (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Technology (2017-2030)
12.2.2. Market Revenue and Forecast, by Application (2017-2030)
12.2.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.2.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Technology (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Technology (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Application (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Technology (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Application (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Technology (2017-2030)
12.3.2. Market Revenue and Forecast, by Application (2017-2030)
12.3.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.3.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Technology (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Technology (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Application (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Technology (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Application (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Technology (2017-2030)
12.4.2. Market Revenue and Forecast, by Application (2017-2030)
12.4.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.4.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Technology (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Technology (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Application (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Technology (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Application (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Technology (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Application (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Technology (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Application (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Rated Capacity Type (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Refrigerant Type (2017-2030)
Chapter 13. Company Profiles
13.1. Daikin Industries Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Glen Dimplex Group
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
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Melrose Industries PLC
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Mitsubishi Electric Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. NIBE Industrier AB
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. StiebelEltron
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Vaillant Group
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. ViessmannWerke GmbH & Co. KG
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Panasonic Corporation
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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