Heat pump market
Heat Pump Market, By Pump Type (Air-water Heat Pump, Air-air Heat Pump, Ground Source Heat Pump, and Hybrid Heat Pump), By Capacity (Up to 10kW, 10-20kW, 20-30kW, and Above 30kW), By Application (Residential, Industrial, and Commercial), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
- Mar 2024
- CMI2167
- 130 Pages
- Excel & Pdf
- Industrial Automation and Machinery
Summary
N/A
Table of Content
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Pump Type
- Market Snapshot, By Capacity
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
- Market Dynamics
- Global Heat Pump Market, By Pump Type, 2019-2031 (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031(%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Air-water Heat Pump
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Air-air Heat Pump
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Ground Source Heat Pump
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Hybrid Heat Pump
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Introduction
- Global Heat Pump Market, By Capacity, 2019-2031 (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031(%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Up to 10kW
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- 10-20kW
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- 20-30kW
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Above 30kW
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Introduction
- Global Heat Pump Market, By Application 2019-2031 (US$ Billion)
- Introduction
- Market Share Analysis, 2024 and 2031(%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Industrial
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Commercial
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Billion)
- Introduction
- Global Heat Pump Market, By Region, 2019-2031 (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Pump Type, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Capacity, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Application, 2019–2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Pump Type, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Capacity, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Application, 2019–2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Pump Type, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Capacity, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Application, 2019–2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Pump Type, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Capacity, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Application, 2019–2031 (US$ Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Pump Type, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Capacity, 2019–2031 (US$ Billion)
- Market Size and Forecast, By Application, 2019–2031 (US$ Billion)
- Market Share Analysis, By Country/Sub-region, 2024 and 2031 (%)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Carrier
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Daikin Industries, Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Danfoss Group Global
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fujitsu
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GDC Group Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Glen Dimplex Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- HAIER(GENERAL ELECTRIC)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hitachi, Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ingersoll Rand Plc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Johnson Controls, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Lennox International
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- LG Electronics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Melrose Industries PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Midea Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Mitsubishi Electric Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- NIBE Industrier AB, Corp.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Panasonic Holdings Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rheem Manufacturing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Samsung
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Stiebel Eltron Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Bosch Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- United Technologies Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Vaillant Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Carrier
- Company Profiles
- Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 60 market data tables and 40 figures on "Global Heat Pump Market - forecast to 2031”.
Segmentation
Market Segmentation
- Pump Type Insights (Revenue, USD Bn, 2019 - 2031)
- Air-water Heat Pump
- Air-air Heat Pump
- Ground Source Heat Pump
- Hybrid Heat Pump
- Capacity Insights (Revenue, USD Bn, 2019 - 2031)
- Up to 10kW
- 10-20kW
- 20-30kW
- Above 30kW
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Residential
- Industrial
- Commercial
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Frequently Asked Questions -
What will be the CAGR of the heat pump market during the forecast period of 2024-2031?
The CAGR of the heat pump market is projected to be 10.6% from 2024 to 2031.
What are the major factors driving heat pump market growth?
Climate change concerns and energy efficiency mandates are the major factors driving the growth of the heat pump market.
What are the key factors hampering the growth of the heat pump market?
Limited consumer awareness and adoption and high initial investment costs are the major factors hampering the growth of the heat pump market.
Which will be the leading pump type in the heat pump market in 2024?
In terms of pump type, air-water heat pump is estimated to dominate the market revenue share in 2024.
Which are the major players operating in the heat pump market?
Carrier, Daikin Industries, Ltd., Danfoss Group Global, Fujitsu, GDC Group Limited, Glen Dimplex Group, HAIER(GENERAL ELECTRIC), Hitachi, Ltd., Ingersoll Rand Plc., Robert Bosch GmbH, Samsung, Stiebel Eltron Group, The Bosch Group, United Technologies Corporation, Vaillant Group, and ViessmannWerke GmbH & Co. KG are the major players operating in the market.
Which region will lead the heat pump market in 2024?
Asia Pacific is expected to lead the heat pump market in 2024.