Heat Pumps Industry Research Report 2024

Heat Pumps Industry Research Report 2024


Summary

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.
According to APO Research, The global Heat Pumps market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Heat Pumps is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Heat Pumps is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Heat Pumps is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Heat Pumps include , etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

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.
The report will help the Heat Pumps manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
The Heat Pumps market size, estimations, and forecasts are provided in terms of sales volume (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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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
Heat Pumps segment by Type

Air to Water Monobloc
Air to Water Cylinder
Ground/Water to Water
Air to Water Split
Exhaust Air
Heat Pumps segment by Application

Residential Heat Pumps
Industrial Heat Pumps
Commercial Heat Pumps
Heat Pumps Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Pumps market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heat Pumps and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Pumps.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Heat Pumps manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Heat Pumps by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Air to Water Monobloc
2.2.3 Air to Water Cylinder
2.2.4 Ground/Water to Water
2.2.5 Air to Water Split
2.2.6 Exhaust Air
2.3 Heat Pumps by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Residential Heat Pumps
2.3.3 Industrial Heat Pumps
2.3.4 Commercial Heat Pumps
2.4 Global Market Growth Prospects
2.4.1 Global Heat Pumps Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Heat Pumps Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Heat Pumps Production Estimates and Forecasts (2019-2030)
2.4.4 Global Heat Pumps Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Heat Pumps Production by Manufacturers (2019-2024)
3.2 Global Heat Pumps Production Value by Manufacturers (2019-2024)
3.3 Global Heat Pumps Average Price by Manufacturers (2019-2024)
3.4 Global Heat Pumps Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Heat Pumps Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Heat Pumps Manufacturers, Product Type & Application
3.7 Global Heat Pumps Manufacturers, Date of Enter into This Industry
3.8 Global Heat Pumps Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Daikin
4.1.1 Daikin Heat Pumps Company Information
4.1.2 Daikin Heat Pumps Business Overview
4.1.3 Daikin Heat Pumps Production, Value and Gross Margin (2019-2024)
4.1.4 Daikin Product Portfolio
4.1.5 Daikin Recent Developments
4.2 Mitsubishi
4.2.1 Mitsubishi Heat Pumps Company Information
4.2.2 Mitsubishi Heat Pumps Business Overview
4.2.3 Mitsubishi Heat Pumps Production, Value and Gross Margin (2019-2024)
4.2.4 Mitsubishi Product Portfolio
4.2.5 Mitsubishi Recent Developments
4.3 Atlantic
4.3.1 Atlantic Heat Pumps Company Information
4.3.2 Atlantic Heat Pumps Business Overview
4.3.3 Atlantic Heat Pumps Production, Value and Gross Margin (2019-2024)
4.3.4 Atlantic Product Portfolio
4.3.5 Atlantic Recent Developments
4.4 NIBE Industrier
4.4.1 NIBE Industrier Heat Pumps Company Information
4.4.2 NIBE Industrier Heat Pumps Business Overview
4.4.3 NIBE Industrier Heat Pumps Production, Value and Gross Margin (2019-2024)
4.4.4 NIBE Industrier Product Portfolio
4.4.5 NIBE Industrier Recent Developments
4.5 Hitachi
4.5.1 Hitachi Heat Pumps Company Information
4.5.2 Hitachi Heat Pumps Business Overview
4.5.3 Hitachi Heat Pumps Production, Value and Gross Margin (2019-2024)
4.5.4 Hitachi Product Portfolio
4.5.5 Hitachi Recent Developments
4.6 Bosch
4.6.1 Bosch Heat Pumps Company Information
4.6.2 Bosch Heat Pumps Business Overview
4.6.3 Bosch Heat Pumps Production, Value and Gross Margin (2019-2024)
4.6.4 Bosch Product Portfolio
4.6.5 Bosch Recent Developments
4.7 Panasonic
4.7.1 Panasonic Heat Pumps Company Information
4.7.2 Panasonic Heat Pumps Business Overview
4.7.3 Panasonic Heat Pumps Production, Value and Gross Margin (2019-2024)
4.7.4 Panasonic Product Portfolio
4.7.5 Panasonic Recent Developments
4.8 Aermec
4.8.1 Aermec Heat Pumps Company Information
4.8.2 Aermec Heat Pumps Business Overview
4.8.3 Aermec Heat Pumps Production, Value and Gross Margin (2019-2024)
4.8.4 Aermec Product Portfolio
4.8.5 Aermec Recent Developments
4.9 STIEBEL ELTRON
4.9.1 STIEBEL ELTRON Heat Pumps Company Information
4.9.2 STIEBEL ELTRON Heat Pumps Business Overview
4.9.3 STIEBEL ELTRON Heat Pumps Production, Value and Gross Margin (2019-2024)
4.9.4 STIEBEL ELTRON Product Portfolio
4.9.5 STIEBEL ELTRON Recent Developments
4.10 CIAT
4.10.1 CIAT Heat Pumps Company Information
4.10.2 CIAT Heat Pumps Business Overview
4.10.3 CIAT Heat Pumps Production, Value and Gross Margin (2019-2024)
4.10.4 CIAT Product Portfolio
4.10.5 CIAT Recent Developments
4.11 Fujitsu
4.11.1 Fujitsu Heat Pumps Company Information
4.11.2 Fujitsu Heat Pumps Business Overview
4.11.3 Fujitsu Heat Pumps Production, Value and Gross Margin (2019-2024)
4.11.4 Fujitsu Product Portfolio
4.11.5 Fujitsu Recent Developments
4.12 Vaillant
4.12.1 Vaillant Heat Pumps Company Information
4.12.2 Vaillant Heat Pumps Business Overview
4.12.3 Vaillant Heat Pumps Production, Value and Gross Margin (2019-2024)
4.12.4 Vaillant Product Portfolio
4.12.5 Vaillant Recent Developments
4.13 Danfoss Group
4.13.1 Danfoss Group Heat Pumps Company Information
4.13.2 Danfoss Group Heat Pumps Business Overview
4.13.3 Danfoss Group Heat Pumps Production, Value and Gross Margin (2019-2024)
4.13.4 Danfoss Group Product Portfolio
4.13.5 Danfoss Group Recent Developments
4.14 Carrier
4.14.1 Carrier Heat Pumps Company Information
4.14.2 Carrier Heat Pumps Business Overview
4.14.3 Carrier Heat Pumps Production, Value and Gross Margin (2019-2024)
4.14.4 Carrier Product Portfolio
4.14.5 Carrier Recent Developments
4.15 Rheem
4.15.1 Rheem Heat Pumps Company Information
4.15.2 Rheem Heat Pumps Business Overview
4.15.3 Rheem Heat Pumps Production, Value and Gross Margin (2019-2024)
4.15.4 Rheem Product Portfolio
4.15.5 Rheem Recent Developments
4.16 Johnson Controls
4.16.1 Johnson Controls Heat Pumps Company Information
4.16.2 Johnson Controls Heat Pumps Business Overview
4.16.3 Johnson Controls Heat Pumps Production, Value and Gross Margin (2019-2024)
4.16.4 Johnson Controls Product Portfolio
4.16.5 Johnson Controls Recent Developments
4.17 Calorex
4.17.1 Calorex Heat Pumps Company Information
4.17.2 Calorex Heat Pumps Business Overview
4.17.3 Calorex Heat Pumps Production, Value and Gross Margin (2019-2024)
4.17.4 Calorex Product Portfolio
4.17.5 Calorex Recent Developments
4.18 Kensa
4.18.1 Kensa Heat Pumps Company Information
4.18.2 Kensa Heat Pumps Business Overview
4.18.3 Kensa Heat Pumps Production, Value and Gross Margin (2019-2024)
4.18.4 Kensa Product Portfolio
4.18.5 Kensa Recent Developments
4.19 Maritime Geothermal
4.19.1 Maritime Geothermal Heat Pumps Company Information
4.19.2 Maritime Geothermal Heat Pumps Business Overview
4.19.3 Maritime Geothermal Heat Pumps Production, Value and Gross Margin (2019-2024)
4.19.4 Maritime Geothermal Product Portfolio
4.19.5 Maritime Geothermal Recent Developments
4.20 Thermia
4.20.1 Thermia Heat Pumps Company Information
4.20.2 Thermia Heat Pumps Business Overview
4.20.3 Thermia Heat Pumps Production, Value and Gross Margin (2019-2024)
4.20.4 Thermia Product Portfolio
4.20.5 Thermia Recent Developments
4.21 ClimateMaster
4.21.1 ClimateMaster Heat Pumps Company Information
4.21.2 ClimateMaster Heat Pumps Business Overview
4.21.3 ClimateMaster Heat Pumps Production, Value and Gross Margin (2019-2024)
4.21.4 ClimateMaster Product Portfolio
4.21.5 ClimateMaster Recent Developments
4.22 Bryant
4.22.1 Bryant Heat Pumps Company Information
4.22.2 Bryant Heat Pumps Business Overview
4.22.3 Bryant Heat Pumps Production, Value and Gross Margin (2019-2024)
4.22.4 Bryant Product Portfolio
4.22.5 Bryant Recent Developments
4.23 Midea
4.23.1 Midea Heat Pumps Company Information
4.23.2 Midea Heat Pumps Business Overview
4.23.3 Midea Heat Pumps Production, Value and Gross Margin (2019-2024)
4.23.4 Midea Product Portfolio
4.23.5 Midea Recent Developments
4.24 GREE Electric
4.24.1 GREE Electric Heat Pumps Company Information
4.24.2 GREE Electric Heat Pumps Business Overview
4.24.3 GREE Electric Heat Pumps Production, Value and Gross Margin (2019-2024)
4.24.4 GREE Electric Product Portfolio
4.24.5 GREE Electric Recent Developments
4.25 Sirac
4.25.1 Sirac Heat Pumps Company Information
4.25.2 Sirac Heat Pumps Business Overview
4.25.3 Sirac Heat Pumps Production, Value and Gross Margin (2019-2024)
4.25.4 Sirac Product Portfolio
4.25.5 Sirac Recent Developments
4.26 Anywhere
4.26.1 Anywhere Heat Pumps Company Information
4.26.2 Anywhere Heat Pumps Business Overview
4.26.3 Anywhere Heat Pumps Production, Value and Gross Margin (2019-2024)
4.26.4 Anywhere Product Portfolio
4.26.5 Anywhere Recent Developments
4.27 Fuerda
4.27.1 Fuerda Heat Pumps Company Information
4.27.2 Fuerda Heat Pumps Business Overview
4.27.3 Fuerda Heat Pumps Production, Value and Gross Margin (2019-2024)
4.27.4 Fuerda Product Portfolio
4.27.5 Fuerda Recent Developments
4.28 Tongyi Electrical
4.28.1 Tongyi Electrical Heat Pumps Company Information
4.28.2 Tongyi Electrical Heat Pumps Business Overview
4.28.3 Tongyi Electrical Heat Pumps Production, Value and Gross Margin (2019-2024)
4.28.4 Tongyi Electrical Product Portfolio
4.28.5 Tongyi Electrical Recent Developments
4.29 AMITIME
4.29.1 AMITIME Heat Pumps Company Information
4.29.2 AMITIME Heat Pumps Business Overview
4.29.3 AMITIME Heat Pumps Production, Value and Gross Margin (2019-2024)
4.29.4 AMITIME Product Portfolio
4.29.5 AMITIME Recent Developments
7.30 Zhengxu
4.30.1 Zhengxu Heat Pumps Company Information
4.30.2 Zhengxu Heat Pumps Business Overview
4.30.3 Zhengxu Heat Pumps Production, Value and Gross Margin (2019-2024)
4.30.4 Zhengxu Product Portfolio
4.30.5 Zhengxu Recent Developments
5 Global Heat Pumps Production by Region
5.1 Global Heat Pumps Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Heat Pumps Production by Region: 2019-2030
5.2.1 Global Heat Pumps Production by Region: 2019-2024
5.2.2 Global Heat Pumps Production Forecast by Region (2025-2030)
5.3 Global Heat Pumps Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Heat Pumps Production Value by Region: 2019-2030
5.4.1 Global Heat Pumps Production Value by Region: 2019-2024
5.4.2 Global Heat Pumps Production Value Forecast by Region (2025-2030)
5.5 Global Heat Pumps Market Price Analysis by Region (2019-2024)
5.6 Global Heat Pumps Production and Value, YOY Growth
5.6.1 North America Heat Pumps Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Heat Pumps Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Heat Pumps Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Heat Pumps Production Value Estimates and Forecasts (2019-2030)
6 Global Heat Pumps Consumption by Region
6.1 Global Heat Pumps Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Heat Pumps Consumption by Region (2019-2030)
6.2.1 Global Heat Pumps Consumption by Region: 2019-2030
6.2.2 Global Heat Pumps Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Heat Pumps Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Heat Pumps Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Heat Pumps Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Heat Pumps Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Heat Pumps Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Heat Pumps Production by Type (2019-2030)
7.1.1 Global Heat Pumps Production by Type (2019-2030) & (K Units)
7.1.2 Global Heat Pumps Production Market Share by Type (2019-2030)
7.2 Global Heat Pumps Production Value by Type (2019-2030)
7.2.1 Global Heat Pumps Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Heat Pumps Production Value Market Share by Type (2019-2030)
7.3 Global Heat Pumps Price by Type (2019-2030)
8 Segment by Application
8.1 Global Heat Pumps Production by Application (2019-2030)
8.1.1 Global Heat Pumps Production by Application (2019-2030) & (K Units)
8.1.2 Global Heat Pumps Production by Application (2019-2030) & (K Units)
8.2 Global Heat Pumps Production Value by Application (2019-2030)
8.2.1 Global Heat Pumps Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Heat Pumps Production Value Market Share by Application (2019-2030)
8.3 Global Heat Pumps Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Heat Pumps Value Chain Analysis
9.1.1 Heat Pumps Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Heat Pumps Production Mode & Process
9.2 Heat Pumps Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Heat Pumps Distributors
9.2.3 Heat Pumps Customers
10 Global Heat Pumps Analyzing Market Dynamics
10.1 Heat Pumps Industry Trends
10.2 Heat Pumps Industry Drivers
10.3 Heat Pumps Industry Opportunities and Challenges
10.4 Heat Pumps Industry Restraints
11 Report Conclusion
12 Disclaimer

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