Global Industrial Heat Pumps Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Industrial Heat Pumps market size was valued at US$ 639 million in 2024 and is forecast to a readjusted size of USD 1049 million by 2031 with a CAGR of 7.4% during review period.

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.

Global Industrial Heat Pumps companies include KOBELCO, Oilon, GEA Refrigeration, Emerson Electric and Johnson Controls, etc. Global top 5 companies hold a share over 30%. China is the largest market, with a share about 40%, followed by Europe and North America.

This report is a detailed and comprehensive analysis for global Industrial Heat Pumps 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 Industrial Heat Pumps market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031

Global Industrial Heat Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031

Global Industrial Heat Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031

Global Industrial Heat Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K 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 Industrial Heat Pumps

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 Industrial Heat Pumps 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 KOBELCO, Oilon, GEA Refrigeration, Emerson Electric, Johnson Controls, Mayekawa, Star Refrigeration, OCHSNER, ENGIE Refrigeration, Friotherm, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Heat Pumps 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
70°C below
70°C - 90°C
90°C - 120°C
120°C above

Market segment by Application
Chemical
Food & Beverage
Paper & Plup
Oil Refining
Metal Industry
Machinery Manufacturing
Electronics
Others

Major players covered
KOBELCO
Oilon
GEA Refrigeration
Emerson Electric
Johnson Controls
Mayekawa
Star Refrigeration
OCHSNER
ENGIE Refrigeration
Friotherm
Combitherm
Frigopol
PHNIX Technology
NKXTA
Moon Environment Technology
Zhengxu New Energy Equipment Technology
Lingye Energy Saving Technology
Keling Energy Saving

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 Industrial Heat Pumps product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Heat Pumps, with price, sales quantity, revenue, and global market share of Industrial Heat Pumps from 2020 to 2025.

Chapter 3, the Industrial Heat Pumps competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Heat Pumps 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 Industrial Heat Pumps 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 Industrial Heat Pumps.

Chapter 14 and 15, to describe Industrial Heat Pumps sales channel, distributors, customers, research findings and conclusion.