Global Heat Pump Market 2022-2028
The global heat pump market is likely to register a CAGR of over 8.7% with an incremental growth of USD 43 billion during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global heat pump market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the heat pump industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, capacity, end user, and region. The global market for heat pump can be segmented by product: air source heat pump, ground source heat pump, water source heat pump. The air source heat pump segment was the largest contributor to the global heat pump market in 2021. Heat pump market is further segmented by capacity: up to 10 kW, 10-20 kW, 20-30 kW, above 30 kW. According to the research, the up to 10 kW segment had the largest share in the global heat pump market. Based on end user, the heat pump market is segmented into: residential, commercial, industrial. The residential segment held the largest revenue share in 2021. On the basis of region, the heat pump market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By product:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook