Solar-assisted Heat Pump Market (Type: Air Source, Water Source, Ground Source, Exhaust Air, Hybrid Heat Pumps, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Solar-assisted Heat Pump Market – Scope of Report


TMR’s report on the global Solar-assisted Heat Pump market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Solar-assisted Heat Pump market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Solar-assisted Heat Pump market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Solar-assisted Heat Pump market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Solar-assisted Heat Pump market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Solar-assisted Heat Pump market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Solar-assisted Heat Pump market.

The report delves into the competitive landscape of the global Solar-assisted Heat Pump market. Key players operating in the global Solar-assisted Heat Pump market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Solar-assisted Heat Pump market profiled in this report.

Key Questions Answered in Global Solar-assisted Heat Pump Market Report

  • What is the sales/revenue generated by Solar-assisted Heat Pump across all regions during the forecast period?
  • What are the opportunities in the global Solar-assisted Heat Pump market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Solar-assisted Heat Pump Market – Research Objectives and Research Approach


The comprehensive report on the global Solar-assisted Heat Pump market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Solar-assisted Heat Pump market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Solar-assisted Heat Pump market.

Solar-assisted Heat Pump Market – Scope of Report


TMR’s report on the global Solar-assisted Heat Pump market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Solar-assisted Heat Pump market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Solar-assisted Heat Pump market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Solar-assisted Heat Pump market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Solar-assisted Heat Pump market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Solar-assisted Heat Pump market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Solar-assisted Heat Pump market.

The report delves into the competitive landscape of the global Solar-assisted Heat Pump market. Key players operating in the global Solar-assisted Heat Pump market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Solar-assisted Heat Pump market profiled in this report.

Key Questions Answered in Global Solar-assisted Heat Pump Market Report

  • What is the sales/revenue generated by Solar-assisted Heat Pump across all regions during the forecast period?
  • What are the opportunities in the global Solar-assisted Heat Pump market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Solar-assisted Heat Pump Market – Research Objectives and Research Approach


The comprehensive report on the global Solar-assisted Heat Pump market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Solar-assisted Heat Pump market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Solar-assisted Heat Pump market.


1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Global Solar-assisted Heat Pump Market Analysis and Forecast, 2022-2031
2.6.1. Global Solar-assisted Heat Pump Market Volume (Units)
2.6.2. Global Solar-assisted Heat Pump Market Revenue (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Suppliers
2.9.2. List of Key Manufacturers
2.9.3. List of Key Suppliers
2.9.4. List of Potential Customers
2.10. Product Specification Analysis
2.11. Production Overview
2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
3.1. Impact on the Supply Chain of the Solar-assisted Heat Pump
3.2. Impact on the Demand of Solar-assisted Heat Pump– Pre & Post Crisis
4. Production Output Analysis (Units), 2021
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Latin America
4.5. Middle East and Africa˙
5. Impact of Current Geopolitical Scenario on Market
6. Price Trend Analysis and Forecast (US$/Unit), 2022-2031
6.1. Price Trend Analysis by Type
6.2. Price Trend Analysis by Region
7. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Type, 2022–2031
7.1. Introduction and Definitions
7.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.2.1. Air Source
7.2.2. Water Source
7.2.3. Ground Source
7.2.4. Exhaust Air
7.2.5. Hybrid heat pumps
7.2.6. Others
7.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
8. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Application, 2022–2031
8.1. Introduction and Definitions
8.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
8.2.1. Residential Space Heating
8.2.2. Commercial Space Heating
8.2.3. Food Driers & Water Treatment
8.2.4. Cooling
8.2.5. Others
8.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
9. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Region, 2022–2031
9.1. Key Findings
9.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Region, 2022–2031
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Region
10. North America Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
10.1. Key Findings
10.2. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.3. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
10.4. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country, 2022–2031
10.4.1. U.S. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.4.2. U.S. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
10.4.3. Canada Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.4.4. Canada Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
10.5. North America Solar-assisted Heat Pump Market Attractiveness Analysis
11. Europe Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
11.1. Key Findings
11.2. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.3. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
11.4. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
11.4.1. Germany Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.2. Germany. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.3. France Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.4. France. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.5. U.K. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.6. U.K. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.7. Italy Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.8. Italy Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.9. Russia & CIS Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.10. Russia & CIS Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.11. Rest of Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.12. Rest of Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.5. Europe Solar-assisted Heat Pump Market Attractiveness Analysis
12. Asia Pacific Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
12.1. Key Findings
12.2. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type
12.3. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
12.4. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
12.4.1. China Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.2. China Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.3. Japan Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.4. Japan Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.5. India Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.6. India Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.7. ASEAN Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.8. ASEAN Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.9. Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.10. Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.5. Asia Pacific Solar-assisted Heat Pump Market Attractiveness Analysis
13. Latin America Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
13.1. Key Findings
13.2. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.3. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
13.4. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
13.4.1. Brazil Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.2. Brazil Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.4.3. Mexico Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.4. Mexico Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.4.5. Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.6. Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.5. Latin America Solar-assisted Heat Pump Market Attractiveness Analysis
14. Middle East & Africa Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
14.1. Key Findings
14.2. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.3. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
14.4. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
14.4.1. GCC Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.2. GCC Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.4.3. South Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.4. South Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.4.5. Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.6. Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.5. Middle East & Africa Solar-assisted Heat Pump Market Attractiveness Analysis
15. Competition Landscape
15.1. Global Solar-assisted Heat Pump Company Market Share Analysis, 2021
15.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
15.2.1. Mitsubishi Electric
15.2.1.1. Company Revenue
15.2.1.2. Business Overview
15.2.1.3. Product Segments
15.2.1.4. Geographic Footprint
15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.2. Daikin Industries
15.2.2.1. Company Revenue
15.2.2.2. Business Overview
15.2.2.3. Product Segments
15.2.2.4. Geographic Footprint
15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.3. Bosch Thermotechnology
15.2.3.1. Company Revenue
15.2.3.2. Business Overview
15.2.3.3. Product Segments
15.2.3.4. Geographic Footprint
15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.4. Viessmann Group
15.2.4.1. Company Revenue
15.2.4.2. Business Overview
15.2.4.3. Product Segments
15.2.4.4. Geographic Footprint
15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.5. Stiebel Eltron
15.2.5.1. Company Revenue
15.2.5.2. Business Overview
15.2.5.3. Product Segments
15.2.5.4. Geographic Footprint
15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.6. NIBE Energy Systems
15.2.6.1. Company Revenue
15.2.6.2. Business Overview
15.2.6.3. Product Segments
15.2.6.4. Geographic Footprint
15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.7. Panasonic Corporation
15.2.7.1. Company Revenue
15.2.7.2. Business Overview
15.2.7.3. Product Segments
15.2.7.4. Geographic Footprint
15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.8. Carrier Corporation
15.2.8.1. Company Revenue
15.2.8.2. Business Overview
15.2.8.3. Product Segments
15.2.8.4. Geographic Footprint
15.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.9. Trane Technologies
15.2.9.1. Company Revenue
15.2.9.2. Business Overview
15.2.9.3. Product Segments
15.2.9.4. Geographic Footprint
15.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.10. A.O. Smith Corporation
15.2.10.1. Company Revenue
15.2.10.2. Business Overview
15.2.10.3. Product Segments
15.2.10.4. Geographic Footprint
15.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.11. Ecoforest
15.2.11.1. Company Revenue
15.2.11.2. Business Overview
15.2.11.3. Product Segments
15.2.11.4. Geographic Footprint
15.2.11.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.11.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.12. WaterFurnace International
15.2.12.1. Company Revenue
15.2.12.2. Business Overview
15.2.12.3. Product Segments
15.2.12.4. Geographic Footprint
15.2.12.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.12.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.13. Wolf GmbH
15.2.13.1. Company Revenue
15.2.13.2. Business Overview
15.2.13.3. Product Segments
15.2.13.4. Geographic Footprint
15.2.13.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.13.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.14. Vaillant Group
15.2.14.1. Company Revenue
15.2.14.2. Business Overview
15.2.14.3. Product Segments
15.2.14.4. Geographic Footprint
15.2.14.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.14.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
16. Primary Research: Key Insights
17. Appendix

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