Global Centrifugal Heat Pump Unit Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Centrifugal Heat Pump Unit market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Centrifugal Heat Pump Unit is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Centrifugal Heat Pump Unit is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Centrifugal Heat Pump Unit is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Centrifugal Heat Pump Unit include LG Electronics, Johnson Controls, Trane, SINOKING, Hitachi, McQuay, Gree Electric, Moon Environment Technology and Mitsubishi Heavy Industries, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Centrifugal Heat Pump Unit, 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 Centrifugal Heat Pump Unit.
The Centrifugal Heat Pump Unit market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Centrifugal Heat Pump Unit market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Centrifugal Heat Pump Unit Segment by Company

LG Electronics
Johnson Controls
Trane
SINOKING
Hitachi
McQuay
Gree Electric
Moon Environment Technology
Mitsubishi Heavy Industries
EBARA
Daikin
Midea Group
Chongqing Machinery And El
Centrifugal Heat Pump Unit Segment by Type

Water Source Centrifugal Heat Pump Unit
Ground Source Centrifugal Heat Pump Unit
Other
Centrifugal Heat Pump Unit Segment by Application

Industrial
Commercial
Centrifugal Heat Pump Unit Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Centrifugal Heat Pump Unit market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Centrifugal Heat Pump Unit and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Centrifugal Heat Pump Unit.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Centrifugal Heat Pump Unit manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Centrifugal Heat Pump Unit in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Centrifugal Heat Pump Unit Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Centrifugal Heat Pump Unit Sales Estimates and Forecasts (2020-2031)
1.3 Centrifugal Heat Pump Unit Market by Type
1.3.1 Water Source Centrifugal Heat Pump Unit
1.3.2 Ground Source Centrifugal Heat Pump Unit
1.3.3 Other
1.4 Global Centrifugal Heat Pump Unit Market Size by Type
1.4.1 Global Centrifugal Heat Pump Unit Market Size Overview by Type (2020-2031)
1.4.2 Global Centrifugal Heat Pump Unit Historic Market Size Review by Type (2020-2025)
1.4.3 Global Centrifugal Heat Pump Unit Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Centrifugal Heat Pump Unit Sales Breakdown by Type (2020-2025)
1.5.2 Europe Centrifugal Heat Pump Unit Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Centrifugal Heat Pump Unit Sales Breakdown by Type (2020-2025)
1.5.4 South America Centrifugal Heat Pump Unit Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Centrifugal Heat Pump Unit Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics
2.1 Centrifugal Heat Pump Unit Industry Trends
2.2 Centrifugal Heat Pump Unit Industry Drivers
2.3 Centrifugal Heat Pump Unit Industry Opportunities and Challenges
2.4 Centrifugal Heat Pump Unit Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Centrifugal Heat Pump Unit Revenue (2020-2025)
3.2 Global Top Players by Centrifugal Heat Pump Unit Sales (2020-2025)
3.3 Global Top Players by Centrifugal Heat Pump Unit Price (2020-2025)
3.4 Global Centrifugal Heat Pump Unit Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Centrifugal Heat Pump Unit Major Company Production Sites & Headquarters
3.6 Global Centrifugal Heat Pump Unit Company, Product Type & Application
3.7 Global Centrifugal Heat Pump Unit Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Centrifugal Heat Pump Unit Market CR5 and HHI
3.8.2 Global Top 5 and 10 Centrifugal Heat Pump Unit Players Market Share by Revenue in 2024
3.8.3 2023 Centrifugal Heat Pump Unit Tier 1, Tier 2, and Tier 3
4 Centrifugal Heat Pump Unit Regional Status and Outlook
4.1 Global Centrifugal Heat Pump Unit Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Centrifugal Heat Pump Unit Historic Market Size by Region
4.2.1 Global Centrifugal Heat Pump Unit Sales in Volume by Region (2020-2025)
4.2.2 Global Centrifugal Heat Pump Unit Sales in Value by Region (2020-2025)
4.2.3 Global Centrifugal Heat Pump Unit Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Centrifugal Heat Pump Unit Forecasted Market Size by Region
4.3.1 Global Centrifugal Heat Pump Unit Sales in Volume by Region (2026-2031)
4.3.2 Global Centrifugal Heat Pump Unit Sales in Value by Region (2026-2031)
4.3.3 Global Centrifugal Heat Pump Unit Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Centrifugal Heat Pump Unit by Application
5.1 Centrifugal Heat Pump Unit Market by Application
5.1.1 Industrial
5.1.2 Commercial
5.2 Global Centrifugal Heat Pump Unit Market Size by Application
5.2.1 Global Centrifugal Heat Pump Unit Market Size Overview by Application (2020-2031)
5.2.2 Global Centrifugal Heat Pump Unit Historic Market Size Review by Application (2020-2025)
5.2.3 Global Centrifugal Heat Pump Unit Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Centrifugal Heat Pump Unit Sales Breakdown by Application (2020-2025)
5.3.2 Europe Centrifugal Heat Pump Unit Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Centrifugal Heat Pump Unit Sales Breakdown by Application (2020-2025)
5.3.4 South America Centrifugal Heat Pump Unit Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Centrifugal Heat Pump Unit Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 LG Electronics
6.1.1 LG Electronics Comapny Information
6.1.2 LG Electronics Business Overview
6.1.3 LG Electronics Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.1.4 LG Electronics Centrifugal Heat Pump Unit Product Portfolio
6.1.5 LG Electronics Recent Developments
6.2 Johnson Controls
6.2.1 Johnson Controls Comapny Information
6.2.2 Johnson Controls Business Overview
6.2.3 Johnson Controls Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Johnson Controls Centrifugal Heat Pump Unit Product Portfolio
6.2.5 Johnson Controls Recent Developments
6.3 Trane
6.3.1 Trane Comapny Information
6.3.2 Trane Business Overview
6.3.3 Trane Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Trane Centrifugal Heat Pump Unit Product Portfolio
6.3.5 Trane Recent Developments
6.4 SINOKING
6.4.1 SINOKING Comapny Information
6.4.2 SINOKING Business Overview
6.4.3 SINOKING Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.4.4 SINOKING Centrifugal Heat Pump Unit Product Portfolio
6.4.5 SINOKING Recent Developments
6.5 Hitachi
6.5.1 Hitachi Comapny Information
6.5.2 Hitachi Business Overview
6.5.3 Hitachi Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Hitachi Centrifugal Heat Pump Unit Product Portfolio
6.5.5 Hitachi Recent Developments
6.6 McQuay
6.6.1 McQuay Comapny Information
6.6.2 McQuay Business Overview
6.6.3 McQuay Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.6.4 McQuay Centrifugal Heat Pump Unit Product Portfolio
6.6.5 McQuay Recent Developments
6.7 Gree Electric
6.7.1 Gree Electric Comapny Information
6.7.2 Gree Electric Business Overview
6.7.3 Gree Electric Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Gree Electric Centrifugal Heat Pump Unit Product Portfolio
6.7.5 Gree Electric Recent Developments
6.8 Moon Environment Technology
6.8.1 Moon Environment Technology Comapny Information
6.8.2 Moon Environment Technology Business Overview
6.8.3 Moon Environment Technology Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Moon Environment Technology Centrifugal Heat Pump Unit Product Portfolio
6.8.5 Moon Environment Technology Recent Developments
6.9 Mitsubishi Heavy Industries
6.9.1 Mitsubishi Heavy Industries Comapny Information
6.9.2 Mitsubishi Heavy Industries Business Overview
6.9.3 Mitsubishi Heavy Industries Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Mitsubishi Heavy Industries Centrifugal Heat Pump Unit Product Portfolio
6.9.5 Mitsubishi Heavy Industries Recent Developments
6.10 EBARA
6.10.1 EBARA Comapny Information
6.10.2 EBARA Business Overview
6.10.3 EBARA Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.10.4 EBARA Centrifugal Heat Pump Unit Product Portfolio
6.10.5 EBARA Recent Developments
6.11 Daikin
6.11.1 Daikin Comapny Information
6.11.2 Daikin Business Overview
6.11.3 Daikin Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Daikin Centrifugal Heat Pump Unit Product Portfolio
6.11.5 Daikin Recent Developments
6.12 Midea Group
6.12.1 Midea Group Comapny Information
6.12.2 Midea Group Business Overview
6.12.3 Midea Group Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Midea Group Centrifugal Heat Pump Unit Product Portfolio
6.12.5 Midea Group Recent Developments
6.13 Chongqing Machinery And El
6.13.1 Chongqing Machinery And El Comapny Information
6.13.2 Chongqing Machinery And El Business Overview
6.13.3 Chongqing Machinery And El Centrifugal Heat Pump Unit Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Chongqing Machinery And El Centrifugal Heat Pump Unit Product Portfolio
6.13.5 Chongqing Machinery And El Recent Developments
7 North America by Country
7.1 North America Centrifugal Heat Pump Unit Sales by Country
7.1.1 North America Centrifugal Heat Pump Unit Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Centrifugal Heat Pump Unit Sales by Country (2020-2025)
7.1.3 North America Centrifugal Heat Pump Unit Sales Forecast by Country (2026-2031)
7.2 North America Centrifugal Heat Pump Unit Market Size by Country
7.2.1 North America Centrifugal Heat Pump Unit Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Centrifugal Heat Pump Unit Market Size by Country (2020-2025)
7.2.3 North America Centrifugal Heat Pump Unit Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Centrifugal Heat Pump Unit Sales by Country
8.1.1 Europe Centrifugal Heat Pump Unit Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Centrifugal Heat Pump Unit Sales by Country (2020-2025)
8.1.3 Europe Centrifugal Heat Pump Unit Sales Forecast by Country (2026-2031)
8.2 Europe Centrifugal Heat Pump Unit Market Size by Country
8.2.1 Europe Centrifugal Heat Pump Unit Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Centrifugal Heat Pump Unit Market Size by Country (2020-2025)
8.2.3 Europe Centrifugal Heat Pump Unit Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Centrifugal Heat Pump Unit Sales by Country
9.1.1 Asia-Pacific Centrifugal Heat Pump Unit Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Centrifugal Heat Pump Unit Sales by Country (2020-2025)
9.1.3 Asia-Pacific Centrifugal Heat Pump Unit Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Centrifugal Heat Pump Unit Market Size by Country
9.2.1 Asia-Pacific Centrifugal Heat Pump Unit Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Centrifugal Heat Pump Unit Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Centrifugal Heat Pump Unit Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Centrifugal Heat Pump Unit Sales by Country
10.1.1 South America Centrifugal Heat Pump Unit Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Centrifugal Heat Pump Unit Sales by Country (2020-2025)
10.1.3 South America Centrifugal Heat Pump Unit Sales Forecast by Country (2026-2031)
10.2 South America Centrifugal Heat Pump Unit Market Size by Country
10.2.1 South America Centrifugal Heat Pump Unit Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Centrifugal Heat Pump Unit Market Size by Country (2020-2025)
10.2.3 South America Centrifugal Heat Pump Unit Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Centrifugal Heat Pump Unit Sales by Country
11.1.1 Middle East and Africa Centrifugal Heat Pump Unit Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Centrifugal Heat Pump Unit Sales by Country (2020-2025)
11.1.3 Middle East and Africa Centrifugal Heat Pump Unit Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Centrifugal Heat Pump Unit Market Size by Country
11.2.1 Middle East and Africa Centrifugal Heat Pump Unit Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Centrifugal Heat Pump Unit Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Centrifugal Heat Pump Unit Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Centrifugal Heat Pump Unit Value Chain Analysis
12.1.1 Centrifugal Heat Pump Unit Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Centrifugal Heat Pump Unit Production Mode & Process
12.2 Centrifugal Heat Pump Unit Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Centrifugal Heat Pump Unit Distributors
12.2.3 Centrifugal Heat Pump Unit Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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