Industry: Machinery & Equipment
Published Date: 2024-04-22
Pages: 113 Pages
Report ld: 3049017
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Heat Pump Market Size(US$)

CAGR 2024-2030
5.4%
Market Size,2030
USD 10,540
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The device used to pull heat from a lower temperature zone and deliver it to a higher temperature zone is known as a heat pump. These heat pumps use refrigerant in closed or open cycle, which acts as an intermediate medium of heat exchange between source and destination. Heat pumps are of various types such as working on the basis of heat source, air source, water source, ground source, and hybrid.
The global Heat Pump market is projected to grow from US$ 7685.1 million in 2024 to US$ 10540 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period.
Growth of the construction industry along with increasing implementation of stringent new building regulations by governments worldwide, especially in China, Japan, U.S., South Korea, and Europe are expected to be the key factors driving demand for heat pumps for residential applications. In countries such as Japan, Australia, U.S., and countries of Europe, governments are providing subsidies on purchase of heat pumps in order to reduce their carbon footprint and increase use of renewable sources of energy for heating and cooling purposes. Also, certain countries like Japan and China have their own renewable energy policies for heating purposes, which promote the use of heat pumps over conventional heating devices.
In terms of production side, this report researches the Heat Pump production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Heat Pump by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Heat Pump, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Heat Pump, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Heat Pump, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Heat Pump sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Heat Pump market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Heat Pump sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Carrier Corporation, Daikin, Danfoss, Mitsubishi Electric, NIBE, Airwell, BDR Thermea, Bryant Heating & Cooling and Emerson Climate Technologies, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Heat Pump production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Heat Pump in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Heat Pump manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Heat Pump sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces 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 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Heat Pump Product Introduction
1.2 Market by Type
1.2.1 Global Heat Pump Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Air-to-Air
1.2.3 Air-to-Water
1.3 Market by Application
1.3.1 Global Heat Pump Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Heat Pump Production
2.1 Global Heat Pump Production Capacity (2019-2030)
2.2 Global Heat Pump Production by Region: 2019 VS 2023 VS 2030
2.3 Global Heat Pump Production by Region
2.3.1 Global Heat Pump Historic Production by Region (2019-2024)
2.3.2 Global Heat Pump Forecasted Production by Region (2025-2030)
2.3.3 Global Heat Pump Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Heat Pump Revenue Estimates and Forecasts 2019-2030
3.2 Global Heat Pump Revenue by Region
3.2.1 Global Heat Pump Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Heat Pump Revenue by Region (2019-2024)
3.2.3 Global Heat Pump Revenue by Region (2025-2030)
3.2.4 Global Heat Pump Revenue Market Share by Region (2019-2030)
3.3 Global Heat Pump Sales Estimates and Forecasts 2019-2030
3.4 Global Heat Pump Sales by Region
3.4.1 Global Heat Pump Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Heat Pump Sales by Region (2019-2024)
3.4.3 Global Heat Pump Sales by Region (2025-2030)
3.4.4 Global Heat Pump Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Heat Pump Sales by Manufacturers
4.1.1 Global Heat Pump Sales by Manufacturers (2019-2024)
4.1.2 Global Heat Pump Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Heat Pump in 2023
4.2 Global Heat Pump Revenue by Manufacturers
4.2.1 Global Heat Pump Revenue by Manufacturers (2019-2024)
4.2.2 Global Heat Pump Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Heat Pump Revenue in 2023
4.3 Global Heat Pump Sales Price by Manufacturers
4.4 Global Key Players of Heat Pump, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Heat Pump Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Heat Pump, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Heat Pump, Product Offered and Application
4.8 Global Key Manufacturers of Heat Pump, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Heat Pump Sales by Type
5.1.1 Global Heat Pump Historical Sales by Type (2019-2024)
5.1.2 Global Heat Pump Forecasted Sales by Type (2025-2030)
5.1.3 Global Heat Pump Sales Market Share by Type (2019-2030)
5.2 Global Heat Pump Revenue by Type
5.2.1 Global Heat Pump Historical Revenue by Type (2019-2024)
5.2.2 Global Heat Pump Forecasted Revenue by Type (2025-2030)
5.2.3 Global Heat Pump Revenue Market Share by Type (2019-2030)
5.3 Global Heat Pump Price by Type
5.3.1 Global Heat Pump Price by Type (2019-2024)
5.3.2 Global Heat Pump Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Heat Pump Sales by Application
6.1.1 Global Heat Pump Historical Sales by Application (2019-2024)
6.1.2 Global Heat Pump Forecasted Sales by Application (2025-2030)
6.1.3 Global Heat Pump Sales Market Share by Application (2019-2030)
6.2 Global Heat Pump Revenue by Application
6.2.1 Global Heat Pump Historical Revenue by Application (2019-2024)
6.2.2 Global Heat Pump Forecasted Revenue by Application (2025-2030)
6.2.3 Global Heat Pump Revenue Market Share by Application (2019-2030)
6.3 Global Heat Pump Price by Application
6.3.1 Global Heat Pump Price by Application (2019-2024)
6.3.2 Global Heat Pump Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Heat Pump Market Size by Type
7.1.1 US & Canada Heat Pump Sales by Type (2019-2030)
7.1.2 US & Canada Heat Pump Revenue by Type (2019-2030)
7.2 US & Canada Heat Pump Market Size by Application
7.2.1 US & Canada Heat Pump Sales by Application (2019-2030)
7.2.2 US & Canada Heat Pump Revenue by Application (2019-2030)
7.3 US & Canada Heat Pump Sales by Country
7.3.1 US & Canada Heat Pump Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Heat Pump Sales by Country (2019-2030)
7.3.3 US & Canada Heat Pump Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Heat Pump Market Size by Type
8.1.1 Europe Heat Pump Sales by Type (2019-2030)
8.1.2 Europe Heat Pump Revenue by Type (2019-2030)
8.2 Europe Heat Pump Market Size by Application
8.2.1 Europe Heat Pump Sales by Application (2019-2030)
8.2.2 Europe Heat Pump Revenue by Application (2019-2030)
8.3 Europe Heat Pump Sales by Country
8.3.1 Europe Heat Pump Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Heat Pump Sales by Country (2019-2030)
8.3.3 Europe Heat Pump Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Heat Pump Market Size by Type
9.1.1 China Heat Pump Sales by Type (2019-2030)
9.1.2 China Heat Pump Revenue by Type (2019-2030)
9.2 China Heat Pump Market Size by Application
9.2.1 China Heat Pump Sales by Application (2019-2030)
9.2.2 China Heat Pump Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Heat Pump Market Size by Type
10.1.1 Asia Heat Pump Sales by Type (2019-2030)
10.1.2 Asia Heat Pump Revenue by Type (2019-2030)
10.2 Asia Heat Pump Market Size by Application
10.2.1 Asia Heat Pump Sales by Application (2019-2030)
10.2.2 Asia Heat Pump Revenue by Application (2019-2030)
10.3 Asia Heat Pump Sales by Region
10.3.1 Asia Heat Pump Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Heat Pump Revenue by Region (2019-2030)
10.3.3 Asia Heat Pump Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Heat Pump Market Size by Type
11.1.1 Middle East, Africa and Latin America Heat Pump Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Heat Pump Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Heat Pump Market Size by Application
11.2.1 Middle East, Africa and Latin America Heat Pump Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Heat Pump Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Heat Pump Sales by Country
11.3.1 Middle East, Africa and Latin America Heat Pump Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Heat Pump Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Heat Pump Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Carrier Corporation
12.1.1 Carrier Corporation Company Information
12.1.2 Carrier Corporation Overview
12.1.3 Carrier Corporation Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Carrier Corporation Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Carrier Corporation Recent Developments
12.2 Daikin
12.2.1 Daikin Company Information
12.2.2 Daikin Overview
12.2.3 Daikin Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Daikin Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Daikin Recent Developments
12.3 Danfoss
12.3.1 Danfoss Company Information
12.3.2 Danfoss Overview
12.3.3 Danfoss Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Danfoss Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Danfoss Recent Developments
12.4 Mitsubishi Electric
12.4.1 Mitsubishi Electric Company Information
12.4.2 Mitsubishi Electric Overview
12.4.3 Mitsubishi Electric Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Mitsubishi Electric Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Mitsubishi Electric Recent Developments
12.5 NIBE
12.5.1 NIBE Company Information
12.5.2 NIBE Overview
12.5.3 NIBE Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 NIBE Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 NIBE Recent Developments
12.6 Airwell
12.6.1 Airwell Company Information
12.6.2 Airwell Overview
12.6.3 Airwell Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Airwell Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Airwell Recent Developments
12.7 BDR Thermea
12.7.1 BDR Thermea Company Information
12.7.2 BDR Thermea Overview
12.7.3 BDR Thermea Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 BDR Thermea Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 BDR Thermea Recent Developments
12.8 Bryant Heating & Cooling
12.8.1 Bryant Heating & Cooling Company Information
12.8.2 Bryant Heating & Cooling Overview
12.8.3 Bryant Heating & Cooling Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Bryant Heating & Cooling Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Bryant Heating & Cooling Recent Developments
12.9 Emerson Climate Technologies
12.9.1 Emerson Climate Technologies Company Information
12.9.2 Emerson Climate Technologies Overview
12.9.3 Emerson Climate Technologies Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Emerson Climate Technologies Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Emerson Climate Technologies Recent Developments
12.10 Enertech
12.10.1 Enertech Company Information
12.10.2 Enertech Overview
12.10.3 Enertech Heat Pump Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Enertech Heat Pump Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Enertech Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Heat Pump Industry Chain Analysis
13.2 Heat Pump Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Heat Pump Production Mode & Process
13.4 Heat Pump Sales and Marketing
13.4.1 Heat Pump Sales Channels
13.4.2 Heat Pump Distributors
13.5 Heat Pump Customers
14 Heat Pump Market Dynamics
14.1 Heat Pump Industry Trends
14.2 Heat Pump Market Drivers
14.3 Heat Pump Market Challenges
14.4 Heat Pump Market Restraints
15 Key Finding in The Global Heat Pump Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The device used to pull heat from a lower temperature zone and deliver it to a higher temperature zone is known as a heat pump. These heat pumps use refrigerant in closed or open cycle, which acts as an intermediate medium of heat exchange between source and destination. Heat pumps are of various types such as working on the basis of heat source, air source, water source, ground source, and hybrid.
Published Date: 2024-01-05
Pages: 99
USD 2900.00
(Single User License)
The device used to pull heat from a lower temperature zone and deliver it to a higher temperature zone is known as a heat pump. These heat pumps use refrigerant in closed or open cycle, which acts as an intermediate medium of heat exchange between source and destination. Heat pumps are of various types such as working on the basis of heat source, air source, water source, ground source, and hybrid.
Published: 2024-01-05
Pages: 99
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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