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Global Heat Pump Market Analysis & Trends - Industry Forecast to 2027

Global Heat Pump Market Analysis & Trends - Industry Forecast to 2027

The Global Heat Pump Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include emergence of building energy management systems (BEMS), integration of IoT with heat pumps and rising need for renewable energy sources.

By rated capacity, market is categorized into 10–20 kW, Above 30 kW, Up to 10 kW and 20–30 kW.

Based on product type, market is divided into air-water heat pump, air-air heat pump, ground source heat pump, hybrid heat pump and exhaust air.

Depending on refrigerants, market is categorized into ammonia, hydrocarbons, CO2, Hydro-fluorocarbon (HFC) and other refrigerants.

In terms of power source, market is divided into electric and other power sources. Other power source is further sub-segmented into gas.

By end user, market is categorized into commercial, residential, industrial, household and agricultural. Commercial is further divided into retail, hospitality, education and other commercials. Industrial is further sub-segmented into paper & pulp, food & beverage, chemicals & petrochemicals and other industrial sectors.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Product Analysis
1.5 End User Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Emergence of building energy management systems (BEMS)
3.1.2 Integration of IoT With Heat Pumps
3.1.3 Rising need for renewable energy sources
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Heat Pump Market, By Rated Capacity
4.1 10–20 kW
4.1.1 10–20 kW Market Forecast to 2027 (US$ MN)
4.2 Above 30 kW
4.2.1 Above 30 kW Market Forecast to 2027 (US$ MN)
4.3 Up to 10 kW
4.3.1 Up to 10 kW Market Forecast to 2027 (US$ MN)
4.4 20–30 kW
4.4.1 20–30 kW Market Forecast to 2027 (US$ MN)
5 Heat Pump Market, By Product Type
5.1 Air-water Heat Pump
5.1.1 Air-water Heat Pump Market Forecast to 2027 (US$ MN)
5.2 Air-air Heat Pump
5.2.1 Air-air Heat Pump Market Forecast to 2027 (US$ MN)
5.3 Ground Source Heat Pump
5.3.1 Ground Source Heat Pump Market Forecast to 2027 (US$ MN)
5.4 Hybrid Heat Pump
5.4.1 Hybrid Heat Pump Market Forecast to 2027 (US$ MN)
5.5 Exhaust Air
5.5.1 Exhaust Air Market Forecast to 2027 (US$ MN)
6 Heat Pump Market, By Refrigerants
6.1 Ammonia
6.1.1 Ammonia Market Forecast to 2027 (US$ MN)
6.2 Hydrocarbons
6.2.1 Hydrocarbons Market Forecast to 2027 (US$ MN)
6.3 CO2
6.3.1 CO2 Market Forecast to 2027 (US$ MN)
6.4 Hydro-fluorocarbon (HFC)
6.4.1 Hydro-fluorocarbon (HFC) Market Forecast to 2027 (US$ MN)
6.5 Other Refrigerants
6.5.1 Other Refrigerants Market Forecast to 2027 (US$ MN)
7 Heat Pump Market, By Power Source
7.1 Electric
7.1.1 Electric Market Forecast to 2027 (US$ MN)
7.2 Other Power Sources
7.2.1 Other Power Sources Market Forecast to 2027 (US$ MN)
7.2.1.1 Gas
7.2.1.1.1 Gas Market Forecast to 2027 (US$ MN)
8 Heat Pump Market, By End User
8.1 Commercial
8.1.1 Commercial Market Forecast to 2027 (US$ MN)
8.1.1.1 Retail
8.1.1.1.1 Retail Market Forecast to 2027 (US$ MN)
8.1.1.2 Hospitality
8.1.1.2.1 Hospitality Market Forecast to 2027 (US$ MN)
8.1.1.3 Education
8.1.1.3.1 Education Market Forecast to 2027 (US$ MN)
8.1.1.4 Other Commercials
8.1.1.4.1 Other Commercials Market Forecast to 2027 (US$ MN)
8.2 Residential
8.2.1 Residential Market Forecast to 2027 (US$ MN)
8.3 Industrial
8.3.1 Industrial Market Forecast to 2027 (US$ MN)
8.3.1.1 Paper & Pulp
8.3.1.1.1 Paper & Pulp Market Forecast to 2027 (US$ MN)
8.3.1.2 Food & Beverage
8.3.1.2.1 Food & Beverage Market Forecast to 2027 (US$ MN)
8.3.1.3 Chemicals & Petrochemicals
8.3.1.3.1 Chemicals & Petrochemicals Market Forecast to 2027 (US$ MN)
8.3.1.4 Other Industrial Sectors
8.3.1.4.1 Other Industrial Sectors Market Forecast to 2027 (US$ MN)
8.4 Household
8.4.1 Household Market Forecast to 2027 (US$ MN)
8.5 Agricultural
8.5.1 Agricultural Market Forecast to 2027 (US$ MN)
9 Heat Pump Market, By Geography
9.1 North America
9.1.1 North America Market Forecast by Countries to 2027 (US$ MN)
9.1.1.1 US
9.1.1.2 Canada
9.1.1.3 Mexico
9.2 Europe
9.2.1 Europe Market Forecast by Countries to 2027 (US$ MN)
9.2.1.1 Germany
9.2.1.2 U.K
9.2.1.3 Italy
9.2.1.4 France
9.2.1.5 Spain
9.2.1.6 Rest of Europe
9.3 Asia Pacific
9.3.1 Asia Pacific Market Forecast by Countries to 2027 (US$ MN)
9.3.1.1 China
9.3.1.2 Japan
9.3.1.3 India
9.3.1.4 Australia
9.3.1.5 New Zealand
9.3.1.6 Rest of Asia Pacific
9.4 Middle East
9.4.1 Middle East Market Forecast by Countries to 2027 (US$ MN)
9.4.1.1 Saudi Arabia
9.4.1.2 UAE
9.4.1.3 Rest of Middle East
9.5 Latin America
9.5.1 Latin America Market Forecast by Countries to 2027 (US$ MN)
9.5.1.1 Argentina
9.5.1.2 Brazil
9.5.1.3 Rest of Latin America
9.6 Rest of the World (RoW)
9.6.1 RoW Market Forecast by Countries to 2027 (US$ MN)
9.6.1.1 South Africa
9.6.1.2 Others
10 Key Player Activities
10.1 Acquisitions & Mergers
10.2 Agreements, Partnerships, Collaborations and Joint Ventures
10.3 Product Launch & Expansions
10.4 Other Activities
11 Leading Companies
11.1 United Technologies Corporation
11.2 Nibe Industrier
11.3 GlenDimplex
11.4 The Viessmann Group
11.5 Mitsubishi Motors Corporation
11.6 Danfoss Group
11.7 Midea Group
11.8 Daikin Industries, Ltd.
11.9 Ingersoll-Rand plc
11.10 Stiebel Eltron
11.11 Panasonic Corporation
11.12 Vaillant Group
List of Tables
Table 1 Global Heat Pump Market By Region, Market Forecast (2015-2027) (US $MN)
Table 2 Global Heat Pump Market By Rated Capacity, Market Forecast (2015-2027) (US $MN)
Table 3 Global Heat Pump Market By 10–20 kW, Market Forecast (2015-2027) (US $MN)
Table 4 Global Heat Pump Market By Above 30 kW, Market Forecast (2015-2027) (US $MN)
Table 5 Global Heat Pump Market By Up to 10 kW, Market Forecast (2015-2027) (US $MN)
Table 6 Global Heat Pump Market By 20–30 kW, Market Forecast (2015-2027) (US $MN)
Table 7 Global Heat Pump Market By Product Type, Market Forecast (2015-2027) (US $MN)
Table 8 Global Heat Pump Market By Air-water Heat Pump, Market Forecast (2015-2027) (US $MN)
Table 9 Global Heat Pump Market By Air-air Heat Pump, Market Forecast (2015-2027) (US $MN)
Table 10 Global Heat Pump Market By Ground Source Heat Pump, Market Forecast (2015-2027) (US $MN)
Table 11 Global Heat Pump Market By Hybrid Heat Pump, Market Forecast (2015-2027) (US $MN)
Table 12 Global Heat Pump Market By Exhaust Air, Market Forecast (2015-2027) (US $MN)
Table 13 Global Heat Pump Market By Refrigerants, Market Forecast (2015-2027) (US $MN)
Table 14 Global Heat Pump Market By Ammonia, Market Forecast (2015-2027) (US $MN)
Table 15 Global Heat Pump Market By Hydrocarbons, Market Forecast (2015-2027) (US $MN)
Table 16 Global Heat Pump Market By CO2, Market Forecast (2015-2027) (US $MN)
Table 17 Global Heat Pump Market By Hydro-fluorocarbon (HFC), Market Forecast (2015-2027) (US $MN)
Table 18 Global Heat Pump Market By Other Refrigerants, Market Forecast (2015-2027) (US $MN)
Table 19 Global Heat Pump Market By Power Source, Market Forecast (2015-2027) (US $MN)
Table 20 Global Heat Pump Market By Electric, Market Forecast (2015-2027) (US $MN)
Table 21 Global Heat Pump Market By Other Power Sources, Market Forecast (2015-2027) (US $MN)
Table 22 Global Heat Pump Market By Gas, Market Forecast (2015-2027) (US $MN)
Table 23 Global Heat Pump Market By End User, Market Forecast (2015-2027) (US $MN)
Table 24 Global Heat Pump Market By Commercial, Market Forecast (2015-2027) (US $MN)
Table 25 Global Heat Pump Market By Retail, Market Forecast (2015-2027) (US $MN)
Table 26 Global Heat Pump Market By Hospitality, Market Forecast (2015-2027) (US $MN)
Table 27 Global Heat Pump Market By Education, Market Forecast (2015-2027) (US $MN)
Table 28 Global Heat Pump Market By Other Commercials, Market Forecast (2015-2027) (US $MN)
Table 29 Global Heat Pump Market By Residential, Market Forecast (2015-2027) (US $MN)
Table 30 Global Heat Pump Market By Industrial, Market Forecast (2015-2027) (US $MN)
Table 31 Global Heat Pump Market By Paper & Pulp, Market Forecast (2015-2027) (US $MN)
Table 32 Global Heat Pump Market By Food & Beverage, Market Forecast (2015-2027) (US $MN)
Table 33 Global Heat Pump Market By Chemicals & Petrochemicals, Market Forecast (2015-2027) (US $MN)
Table 34 Global Heat Pump Market By Other Industrial Sectors, Market Forecast (2015-2027) (US $MN)
Table 35 Global Heat Pump Market By Household, Market Forecast (2015-2027) (US $MN)
Table 36 Global Heat Pump Market By Agricultural, Market Forecast (2015-2027) (US $MN)
Note: North America, Europe, Asia Pacific, Middle East, Latin America and RoW tables are represented in above manner.

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