
Heat Pumps Global Market Report 2025
Description
Heat Pumps Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on heat pumps market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
Where is the largest and fastest growing market for heat pumps ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The heat pumps market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Markets Covered:1) By Product Type: Air Source; Air-to-Air; Air-to-Water; Water Source; Ground Source
2) By Rated Capacity: Up to 10 kW; 10–20 kW; 20–30 kW; Above 30 kW
3) By End User: Residential; Commercial; Industrial
Subsegments:
1) By Air Source: Air-To-Air Heat Pumps; Air-To-Water Heat Pumps
2) By Air-To-Air: Ductless Mini-Split Systems; Ducted Systems
3) By Air-To-Water: Heating For Radiant Floors; Domestic Hot Water Production
4) By Water Source: Open Loop Systems; Closed Loop Systems
5) By Ground Source: Geothermal Heat Pumps; Horizontal Loop Systems; Vertical Loop Systems
Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; United Technologies Corporation; LG Electronics Inc.; Panasonic Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
This report focuses on heat pumps market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for heat pumps ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The heat pumps market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Markets Covered:1) By Product Type: Air Source; Air-to-Air; Air-to-Water; Water Source; Ground Source
2) By Rated Capacity: Up to 10 kW; 10–20 kW; 20–30 kW; Above 30 kW
3) By End User: Residential; Commercial; Industrial
Subsegments:
1) By Air Source: Air-To-Air Heat Pumps; Air-To-Water Heat Pumps
2) By Air-To-Air: Ductless Mini-Split Systems; Ducted Systems
3) By Air-To-Water: Heating For Radiant Floors; Domestic Hot Water Production
4) By Water Source: Open Loop Systems; Closed Loop Systems
5) By Ground Source: Geothermal Heat Pumps; Horizontal Loop Systems; Vertical Loop Systems
Companies Mentioned: Robert Bosch GmbH; Hitachi Ltd.; United Technologies Corporation; LG Electronics Inc.; Panasonic Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
175 Pages
- 1. Executive Summary
- 2. Heat Pumps Market Characteristics
- 3. Heat Pumps Market Trends And Strategies
- 4. Heat Pumps Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
- 5. Global Heat Pumps Growth Analysis And Strategic Analysis Framework
- 5.1. Global Heat Pumps PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Heat Pumps Market Growth Rate Analysis
- 5.4. Global Heat Pumps Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Heat Pumps Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Heat Pumps Total Addressable Market (TAM)
- 6. Heat Pumps Market Segmentation
- 6.1. Global Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Air Source
- Air-to-Air
- Air-to-Water
- Water Source
- Ground Source
- 6.2. Global Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Up to 10 kW
- 10–20 kW
- 20–30 kW
- Above 30 kW
- 6.3. Global Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Residential
- Commercial
- Industrial
- 6.4. Global Heat Pumps Market, Sub-Segmentation Of Air Source, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Air-To-Air Heat Pumps
- Air-To-Water Heat Pumps
- 6.5. Global Heat Pumps Market, Sub-Segmentation Of Air-To-Air, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Ductless Mini-Split Systems
- Ducted Systems
- 6.6. Global Heat Pumps Market, Sub-Segmentation Of Air-To-Water, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Heating For Radiant Floors
- Domestic Hot Water Production
- 6.7. Global Heat Pumps Market, Sub-Segmentation Of Water Source, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Open Loop Systems
- Closed Loop Systems
- 6.8. Global Heat Pumps Market, Sub-Segmentation Of Ground Source, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Geothermal Heat Pumps
- Horizontal Loop Systems
- Vertical Loop Systems
- 7. Heat Pumps Market Regional And Country Analysis
- 7.1. Global Heat Pumps Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 7.2. Global Heat Pumps Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8. Asia-Pacific Heat Pumps Market
- 8.1. Asia-Pacific Heat Pumps Market Overview
- Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.3. Asia-Pacific Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.4. Asia-Pacific Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 9. China Heat Pumps Market
- 9.1. China Heat Pumps Market Overview
- 9.2. China Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.3. China Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.4. China Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 10. India Heat Pumps Market
- 10.1. India Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.2. India Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.3. India Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11. Japan Heat Pumps Market
- 11.1. Japan Heat Pumps Market Overview
- 11.2. Japan Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.3. Japan Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.4. Japan Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12. Australia Heat Pumps Market
- 12.1. Australia Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.2. Australia Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.3. Australia Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13. Indonesia Heat Pumps Market
- 13.1. Indonesia Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.2. Indonesia Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.3. Indonesia Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14. South Korea Heat Pumps Market
- 14.1. South Korea Heat Pumps Market Overview
- 14.2. South Korea Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.3. South Korea Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.4. South Korea Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15. Western Europe Heat Pumps Market
- 15.1. Western Europe Heat Pumps Market Overview
- 15.2. Western Europe Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.3. Western Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.4. Western Europe Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16. UK Heat Pumps Market
- 16.1. UK Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.2. UK Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.3. UK Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17. Germany Heat Pumps Market
- 17.1. Germany Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.2. Germany Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.3. Germany Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18. France Heat Pumps Market
- 18.1. France Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.2. France Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.3. France Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19. Italy Heat Pumps Market
- 19.1. Italy Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.2. Italy Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.3. Italy Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20. Spain Heat Pumps Market
- 20.1. Spain Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.2. Spain Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.3. Spain Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21. Eastern Europe Heat Pumps Market
- 21.1. Eastern Europe Heat Pumps Market Overview
- 21.2. Eastern Europe Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.3. Eastern Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.4. Eastern Europe Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22. Russia Heat Pumps Market
- 22.1. Russia Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.2. Russia Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.3. Russia Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23. North America Heat Pumps Market
- 23.1. North America Heat Pumps Market Overview
- 23.2. North America Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.3. North America Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.4. North America Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24. USA Heat Pumps Market
- 24.1. USA Heat Pumps Market Overview
- 24.2. USA Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.3. USA Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.4. USA Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25. Canada Heat Pumps Market
- 25.1. Canada Heat Pumps Market Overview
- 25.2. Canada Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.3. Canada Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.4. Canada Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26. South America Heat Pumps Market
- 26.1. South America Heat Pumps Market Overview
- 26.2. South America Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.3. South America Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.4. South America Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27. Brazil Heat Pumps Market
- 27.1. Brazil Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.2. Brazil Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.3. Brazil Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28. Middle East Heat Pumps Market
- 28.1. Middle East Heat Pumps Market Overview
- 28.2. Middle East Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.3. Middle East Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.4. Middle East Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29. Africa Heat Pumps Market
- 29.1. Africa Heat Pumps Market Overview
- 29.2. Africa Heat Pumps Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.3. Africa Heat Pumps Market, Segmentation By Rated Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.4. Africa Heat Pumps Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 30. Heat Pumps Market Competitive Landscape And Company Profiles
- 30.1. Heat Pumps Market Competitive Landscape
- 30.2. Heat Pumps Market Company Profiles
- 30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. United Technologies Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. LG Electronics Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Panasonic Corporation Overview, Products and Services, Strategy and Financial Analysis
- 31. Heat Pumps Market Other Major And Innovative Companies
- 31.1. Midea Group Corporation
- 31.2. Mitsubishi Electric Corporation
- 31.3. Fujitsu General Limited
- 31.4. Daikin Industries Ltd.
- 31.5. Johnson Controls International PLC
- 31.6. Carrier Corporation
- 31.7. Trane Inc.
- 31.8. Danfoss A/S
- 31.9. Ingersoll Rand Inc.
- 31.10. Flamingo Heat Pumps
- 31.11. Viessmann Werke GmbH & Co. KG
- 31.12. Lennox International Inc.
- 31.13. Vaillant Group
- 31.14. NIBE Industrier AB
- 31.15. Glen Dimplex Group
- 32. Global Heat Pumps Market Competitive Benchmarking And Dashboard
- 33. Key Mergers And Acquisitions In The Heat Pumps Market
- 34. Recent Developments In The Heat Pumps Market
- 35. Heat Pumps Market High Potential Countries, Segments and Strategies
- 35.1 Heat Pumps Market In 2029 - Countries Offering Most New Opportunities
- 35.2 Heat Pumps Market In 2029 - Segments Offering Most New Opportunities
- 35.3 Heat Pumps Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
- 36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer
Pricing
Currency Rates
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