According to our (Global Info Research) latest study, the global Gas Heat Pump System market size was valued at US$ 29590 million in 2024 and is forecast to a readjusted size of USD 45310 million by 2031 with a CAGR of 6.3% during review period.
It is often compared to a refrigerator, where a series of coils and heat pump compressors move warm air to and from the house. For instance, even during the winter, there is still a small amount of warm air outside that can then be captured and forced into the house. During the summer, the “heat pump” can also cool the house, forcing out warm air and pulling in the cold stuff. Gas heat pumps, on the other hand, have an engine operated by natural gas and utilize natural refrigerants, such as ammonia and water.
The gas heat pump system market has been growing due to increased awareness of energy efficiency, environmental concerns, and the need for innovative HVAC solutions.
This report is a detailed and comprehensive analysis for global Gas Heat Pump System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Gas Heat Pump System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Gas Heat Pump System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Gas Heat Pump System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Gas Heat Pump System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Gas Heat Pump System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Gas Heat Pump System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Aisin Seiki, YANMAR, LG, Schwank, Daikin, Mitsubishi, TEDOM, Danfoss, Johnson Controls-Hitachi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Gas Heat Pump System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gas Engine Heat Pumps (GEHP)
Gas Absorption Heat Pump (GAHP)
Others
Market segment by Application
Commercial Applications
Industrial Applications
Major players covered
Panasonic
Aisin Seiki
YANMAR
LG
Schwank
Daikin
Mitsubishi
TEDOM
Danfoss
Johnson Controls-Hitachi
Robur
Bosch Thermotechnology
Vaillant
Tecogen
IntelliChoice Energy
Lochinvar
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gas Heat Pump System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gas Heat Pump System, with price, sales quantity, revenue, and global market share of Gas Heat Pump System from 2020 to 2025.
Chapter 3, the Gas Heat Pump System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gas Heat Pump System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Gas Heat Pump System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gas Heat Pump System.
Chapter 14 and 15, to describe Gas Heat Pump System sales channel, distributors, customers, research findings and conclusion.
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