Global Heat Pumps Competitive Landscape Professional Research Report 2025

Global Heat Pumps Competitive Landscape Professional Research Report 2025



Research Summary

Heat pumps are versatile heating, ventilation, and air conditioning (HVAC) systems that use the principles of thermodynamics to transfer heat from one location to another. Operating in both heating and cooling modes, heat pumps can extract heat from the outdoor air, ground, or water sources and transfer it indoors during colder seasons for space heating. Conversely, in warmer weather, they can remove heat from indoor spaces and release it outside for cooling. Heat pumps consist of an outdoor unit with a compressor and coil, connected to an indoor unit with an air handler or duct system. By leveraging the latent heat in the environment, heat pumps provide an energy-efficient method of maintaining comfortable temperatures, offering advantages in terms of both heating and cooling efficacy while often being more environmentally friendly compared to traditional heating or cooling systems.

According to DIResearch's in-depth investigation and research, the global Heat Pumps market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Heat Pumps include Daikin, Mitsubishi, Atlantic, NIBE Industrier, Hitachi, Bosch, Panasonic, Aermec, STIEBEL ELTRON, CIAT, Fujitsu, Vaillant, Danfoss Group, Carrier, Rheem, Johnson Controls, Kensa, Calorex, Maritime Geothermal, Thermia, ClimateMaster, Bryant, Midea, GREE Electric, Sirac, Anywhere, Fuerda, Tongyi Electrical, AMITIME, Zhengxu etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Heat Pumps. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Heat Pumps market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Heat Pumps market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Heat Pumps industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Heat Pumps Include:

Daikin

Mitsubishi

Atlantic

NIBE Industrier

Hitachi

Bosch

Panasonic

Aermec

STIEBEL ELTRON

CIAT

Fujitsu

Vaillant

Danfoss Group

Carrier

Rheem

Johnson Controls

Kensa

Calorex

Maritime Geothermal

Thermia

ClimateMaster

Bryant

Midea

GREE Electric

Sirac

Anywhere

Fuerda

Tongyi Electrical

AMITIME

Zhengxu

Heat Pumps Product Segment Include:

Air to Water Monobloc

Air to Water Cylinder

Ground/Water to Water

Air to Water Split

Exhaust Air

Heat Pumps Product Application Include:

Residential Heat Pumps

Industrial Heat Pumps

Commercial Heat Pumps

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Heat Pumps Industry PESTEL Analysis

Chapter 3: Global Heat Pumps Industry Porter’s Five Forces Analysis

Chapter 4: Global Heat Pumps Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Heat Pumps Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Heat Pumps Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Heat Pumps Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Heat Pumps Market Overview
1.1 Product Definition and Statistical Scope
1.2 Heat Pumps Product by Type
1.2.1 Air to Water Monobloc
1.2.2 Air to Water Cylinder
1.2.3 Ground/Water to Water
1.2.4 Air to Water Split
1.2.5 Exhaust Air
1.3 Heat Pumps Product by Application
1.3.1 Residential Heat Pumps
1.3.2 Industrial Heat Pumps
1.3.3 Commercial Heat Pumps
1.4 Global Heat Pumps Market Revenue and Sales Analysis
1.4.1 Global Heat Pumps Revenue Market Size Analysis (2020-2032)
1.4.2 Global Heat Pumps Sales Market Size Analysis (2020-2032)
1.4.3 Global Heat Pumps Market Sales Price Trend Analysis (2020-2032)
1.5 Heat Pumps Industry Trends and Innovation
1.5.1 Heat Pumps Industry Trends and Innovation
1.5.2 Heat Pumps Market Drivers and Challenges
2 Heat Pumps Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Heat Pumps Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Heat Pumps Market Analysis by Regions
4.1 Heat Pumps Overall Market: 2024 VS 2025 VS 2032
4.2 Global Heat Pumps Revenue and Forecast Analysis (2020-2032)
4.2.1 Global Heat Pumps Revenue and Market Share by Region (2020-2025)
4.2.2 Global Heat Pumps Revenue and Market Share Forecast by Region (2026-2032)
4.3 Global Heat Pumps Sales and Forecast Analysis (2020-2032)
4.3.1 Global Heat Pumps Sales and Market Share by Region (2020-2025)
4.3.2 Global Heat Pumps Sales and Market Share Forecast by Region (2026-2032)
4.4 Global Heat Pumps Sales Price Trend Analysis (2020-2032)
5 Global Heat Pumps Market Size by Type and Application
5.1 Global Heat Pumps Market Size by Type
5.1.1 Global Heat Pumps Revenue and Forecast Analysis by Type (2020-2032)
5.1.2 Global Heat Pumps Sales and Forecast Analysis by Type (2020-2032)
5.2 Global Heat Pumps Market Size by Application
5.2.1 Global Heat Pumps Revenue and Forecast Analysis by Application (2020-2032)
5.2.2 Global Heat Pumps Sales and Forecast Analysis by Application (2020-2032)
6 North America
6.1 North America Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
6.2 North America Key Manufacturers Analysis
6.3 North America Heat Pumps Market Size by Type
6.3.1 North America Heat Pumps Sales by Type (2020-2032)
6.3.2 North America Heat Pumps Revenue by Type (2020-2032)
6.4 North America Heat Pumps Market Size by Application
6.4.1 North America Heat Pumps Sales by Application (2020-2032)
6.4.2 North America Heat Pumps Revenue by Application (2020-2032)
6.5 North America Heat Pumps Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Heat Pumps Market Size by Type
7.3.1 Europe Heat Pumps Sales by Type (2020-2032)
7.3.2 Europe Heat Pumps Revenue by Type (2020-2032)
7.4 Europe Heat Pumps Market Size by Application
7.4.1 Europe Heat Pumps Sales by Application (2020-2032)
7.4.2 Europe Heat Pumps Revenue by Application (2020-2032)
7.5 Europe Heat Pumps Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
8.2 China Key Manufacturers Analysis
8.3 China Heat Pumps Market Size by Type
8.3.1 China Heat Pumps Sales by Type (2020-2032)
8.3.2 China Heat Pumps Revenue by Type (2020-2032)
8.4 China Heat Pumps Market Size by Application
8.4.1 China Heat Pumps Sales by Application (2020-2032)
8.4.2 China Heat Pumps Revenue by Application (2020-2032)
9 APAC (excl. China)
9.1 APAC (excl. China) Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Heat Pumps Market Size by Type
9.3.1 APAC (excl. China) Heat Pumps Sales by Type (2020-2032)
9.3.2 APAC (excl. China) Heat Pumps Revenue by Type (2020-2032)
9.4 APAC (excl. China) Heat Pumps Market Size by Application
9.4.1 APAC (excl. China) Heat Pumps Sales by Application (2020-2032)
9.4.2 APAC (excl. China) Heat Pumps Revenue by Application (2020-2032)
9.5 APAC (excl. China) Heat Pumps Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Southeast Asia
10 Latin America
10.1 Latin America Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Heat Pumps Market Size by Type
10.3.1 Latin America Heat Pumps Sales by Type (2020-2032)
10.3.2 Latin America Heat Pumps Revenue by Type (2020-2032)
10.4 Latin America Heat Pumps Market Size by Application
10.4.1 Latin America Heat Pumps Sales by Application (2020-2032)
10.4.2 Latin America Heat Pumps Revenue by Application (2020-2032)
10.5 Latin America Heat Pumps Market Size by Country
10.6 Latin America Heat Pumps Market Size by Country
10.6.1 Mexico
10.6.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Heat Pumps Market Size and Growth Rate Analysis (2020-2032)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Heat Pumps Market Size by Type
11.3.1 Middle East & Africa Heat Pumps Sales by Type (2020-2032)
11.3.2 Middle East & Africa Heat Pumps Revenue by Type (2020-2032)
11.4 Middle East & Africa Heat Pumps Market Size by Application
11.4.1 Middle East & Africa Heat Pumps Sales by Application (2020-2032)
11.4.2 Middle East & Africa Heat Pumps Revenue by Application (2020-2032)
11.5 Middle East Heat Pumps Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Heat Pumps Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
12.1.1 Global Heat Pumps Market Sales by Key Manufacturers (2021-2025)
12.1.2 Global Heat Pumps Market Revenue by Key Manufacturers (2021-2025)
12.1.3 Global Heat Pumps Average Sales Price by Manufacturers (2021-2025)
12.2 Heat Pumps Competitive Landscape Analysis and Market Dynamic
12.2.1 Heat Pumps Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 Daikin
13.1.1 Daikin Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 Daikin Heat Pumps Product Portfolio
13.1.3 Daikin Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.2 Mitsubishi
13.2.1 Mitsubishi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Mitsubishi Heat Pumps Product Portfolio
13.2.3 Mitsubishi Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.3 Atlantic
13.3.1 Atlantic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Atlantic Heat Pumps Product Portfolio
13.3.3 Atlantic Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.4 NIBE Industrier
13.4.1 NIBE Industrier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 NIBE Industrier Heat Pumps Product Portfolio
13.4.3 NIBE Industrier Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.5 Hitachi
13.5.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 Hitachi Heat Pumps Product Portfolio
13.5.3 Hitachi Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.6 Bosch
13.6.1 Bosch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Bosch Heat Pumps Product Portfolio
13.6.3 Bosch Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.7 Panasonic
13.7.1 Panasonic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Panasonic Heat Pumps Product Portfolio
13.7.3 Panasonic Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.8 Aermec
13.8.1 Aermec Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Aermec Heat Pumps Product Portfolio
13.8.3 Aermec Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.9 STIEBEL ELTRON
13.9.1 STIEBEL ELTRON Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 STIEBEL ELTRON Heat Pumps Product Portfolio
13.9.3 STIEBEL ELTRON Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.10 CIAT
13.10.1 CIAT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 CIAT Heat Pumps Product Portfolio
13.10.3 CIAT Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.11 Fujitsu
13.11.1 Fujitsu Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 Fujitsu Heat Pumps Product Portfolio
13.11.3 Fujitsu Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.12 Vaillant
13.12.1 Vaillant Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Vaillant Heat Pumps Product Portfolio
13.12.3 Vaillant Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.13 Danfoss Group
13.13.1 Danfoss Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Danfoss Group Heat Pumps Product Portfolio
13.13.3 Danfoss Group Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.14 Carrier
13.14.1 Carrier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Carrier Heat Pumps Product Portfolio
13.14.3 Carrier Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.15 Rheem
13.15.1 Rheem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Rheem Heat Pumps Product Portfolio
13.15.3 Rheem Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.16 Johnson Controls
13.16.1 Johnson Controls Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 Johnson Controls Heat Pumps Product Portfolio
13.16.3 Johnson Controls Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.17 Kensa
13.17.1 Kensa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.17.2 Kensa Heat Pumps Product Portfolio
13.17.3 Kensa Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.18 Calorex
13.18.1 Calorex Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.18.2 Calorex Heat Pumps Product Portfolio
13.18.3 Calorex Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.19 Maritime Geothermal
13.19.1 Maritime Geothermal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.19.2 Maritime Geothermal Heat Pumps Product Portfolio
13.19.3 Maritime Geothermal Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.20 Thermia
13.20.1 Thermia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.20.2 Thermia Heat Pumps Product Portfolio
13.20.3 Thermia Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.21 ClimateMaster
13.21.1 ClimateMaster Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.21.2 ClimateMaster Heat Pumps Product Portfolio
13.21.3 ClimateMaster Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.22 Bryant
13.22.1 Bryant Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.22.2 Bryant Heat Pumps Product Portfolio
13.22.3 Bryant Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.23 Midea
13.23.1 Midea Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.23.2 Midea Heat Pumps Product Portfolio
13.23.3 Midea Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.24 GREE Electric
13.24.1 GREE Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.24.2 GREE Electric Heat Pumps Product Portfolio
13.24.3 GREE Electric Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.25 Sirac
13.25.1 Sirac Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.25.2 Sirac Heat Pumps Product Portfolio
13.25.3 Sirac Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.26 Anywhere
13.26.1 Anywhere Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.26.2 Anywhere Heat Pumps Product Portfolio
13.26.3 Anywhere Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.27 Fuerda
13.27.1 Fuerda Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.27.2 Fuerda Heat Pumps Product Portfolio
13.27.3 Fuerda Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.28 Tongyi Electrical
13.28.1 Tongyi Electrical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.28.2 Tongyi Electrical Heat Pumps Product Portfolio
13.28.3 Tongyi Electrical Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.29 AMITIME
13.29.1 AMITIME Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.29.2 AMITIME Heat Pumps Product Portfolio
13.29.3 AMITIME Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.30 Zhengxu
13.30.1 Zhengxu Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.30.2 Zhengxu Heat Pumps Product Portfolio
13.30.3 Zhengxu Heat Pumps Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14 Industry Chain Analysis
14.1 Heat Pumps Industry Chain Analysis
14.2 Heat Pumps Industry Raw Material and Suppliers Analysis
14.2.1 Heat Pumps Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Heat Pumps Typical Downstream Customers
14.4 Heat Pumps Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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