Heat Pumps - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Heat Pumps - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

The global market for Heat Pumps was estimated to be worth US$ 84,353 million in 2023 and is forecast to a readjusted size of US$ 133,666 million by 2030 with a CAGR of 6.75% during the forecast period 2024-2030.

North American market for Heat Pumps was valued at $ 19,231 million in 2023 and will reach $ 29,662 million by 2030, at a CAGR of 6.37% during the forecast period of 2024 through 2030.

Asia-Pacific market for Heat Pumps was valued at $ 50,330 million in 2023 and will reach $ 81,540 million by 2030, at a CAGR of 7.07% during the forecast period of 2024 through 2030.

Europe market for Heat Pumps was valued at $ 12,190 million in 2023 and will reach $ 18,941 million by 2030, at a CAGR of 6.47% during the forecast period of 2024 through 2030.

The global key companies of Heat Pumps include Daikin, Carrier, Midea, Mitsubishi, Hitachi, Bosch, LG Electronics, NIBE Industrier, Fujitsu, Panasonic and Vaillant, etc. In 2023, the global five largest players hold a share approximately 25.44% in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for Heat Pumps, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Heat Pumps by region & country, by Type, and by Application.

The Heat Pumps market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Pumps.

Market Segmentation

By Company

Daikin

Carrier

Midea

Mitsubishi

Hitachi

Bosch

LG Electronics

NIBE Industrier

Fujitsu

Panasonic

Vaillant

GREE Electric

Atlantic

Stiebel Eltron

Rheem

AMITIME

Thermia

Johnson Controls

Aermec

Zhengxu

Maritime Geothermal

Kensa

Calorex

Sirac

Tongyi Electrical

Segment by Type

Air Source

Water Source

Geothermal

Segment by Application

Residential

Industrial

Commercial

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

China Taiwan

India

Southeast Asia

Rest of Asia-Pacific

Europe

Germany

UK

France

Sweden

Italy

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Heat Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Heat Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Heat Pumps in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.