Global Industrial Heat Pump Market Growth 2023-2029

Global Industrial Heat Pump Market Growth 2023-2029

Industrial heat pumps collect the heat in low- and medium-temperature wastewater and waste gas discharged and wasted by industrial enterprises through high-temperature heat energy heat pumps, and convert them into hot water or high-temperature steam for industrial processes or heating use, and can directly replace traditional coal-fired boilers. , It is the best choice to realize industrial energy saving, consumption reduction and efficiency improvement.
LPI (LP Information)' newest research report, the “Industrial Heat Pump Industry Forecast” looks at past sales and reviews total world Industrial Heat Pump sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Heat Pump sales for 2023 through 2029. With Industrial Heat Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Heat Pump industry.
This Insight Report provides a comprehensive analysis of the global Industrial Heat Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Heat Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Heat Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Heat Pump and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Heat Pump.
The global Industrial Heat Pump market size is projected to grow from US$ 560.5 million in 2022 to US$ 953.5 million in 2029; it is expected to grow at a CAGR of 953.5 from 2023 to 2029.
Global Industrial Heat Pump key players include Lingye Energy Saving Technology Co., Ltd, ZHENGXU, NKXTA, Shandong Keling energy saving equipment Co., Ltd, etc. Global top four manufacturers hold a share over 25%.
Europe is the largest market, with a share about 40%, followed by China, and North America, both have a share over 45 percent.
In terms of product, Below 70°C is the largest segment, with a share over 60%. And in terms of application, the largest application is Food Industrial, followed by Industrial Manufacturing, Electrical and Electronic, Chemical, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Heat Pump market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 70°C
70°C - 90°C
90°C - 120°C
Over 120°C
Segmentation by application
Food
Industrial Manufacturing
Chemical
Electrical and Electronic
Petroleum Refining
Metal
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kobe Steel, Ltd.
Oilon
GEA Refrigeration
EMERSON
Johnson Controls
MAYEKAWA MFG
Star
OCHSNER
ENGIE Refrigeration
Friotherm
Combitherm
Frigopol
PHNIX
NKXTA
Moon Environment Technology Co., Ltd
ZHENGXU
Lingye Energy Saving Technology Co., Ltd
Shandong Keling energy saving equipment Co., Ltd
Vossli
TONGYI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Heat Pump market?
What factors are driving Industrial Heat Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Heat Pump market opportunities vary by end market size?
How does Industrial Heat Pump break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.