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Global Heat Pump Market 2018-2022

Global Heat Pump Market 2018-2022

About Heat Pump

Heat pumps transfer heat energy from a heat source to a heat sink. These pumps are designed in such a way that they can move thermal energy in the direction opposite to the spontaneous heat flow.

Technavio’s analysts forecast the Global Heat Pump Market to grow at a CAGR of 8.24% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the heat pump market. To calculate the market size, the report considers the revenue generated from the sales of heat pump.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, heat pump market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DAIKIN INDUSTRIES
  • Mitsubishi Electric
  • NIBE
  • Robert Bosch
  • United Technologies (Carrier)
Market driver
  • Growing construction sector
  • For a full, detailed list, view our report
Market challenge
  • Disposal challenges and adverse environmental impacts of refrigerants
  • For a full, detailed list, view our report
Market trend
  • Increased adoption of solar-powered heat pumps
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global heat pump market - Market size and forecast 2017-2022 ($ bn)
      • Table Global heat pump market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • ASHP - Market size and forecast 2017-2022
      • Table ASHP - Market size and forecast 2017-2022 ($ bn)
      • Table ASHP - Year-over-year growth 2018-2022 (%)
    • GSHP - Market size and forecast 2017-2022
      • Table GSHP - Market size and forecast 2017-2022 ($ bn)
      • Table GSHP - Year-over-year growth 2018-2022 (%)
      • Table Key differences between ASHP and GSHP
    • EAHP - Market size and forecast 2017-2022
      • Table EAHP - Market size and forecast 2017-2022 ($ bn)
      • Table EAHP - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global heat pump market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ bn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Some of the key HTHP products offered by vendors
    • Market challenges
  • Market trends
    • Table Impact of market trends
    • Increased adoption of solar-powered heat pumps
    • Policies supporting the growth of renewable power
    • Advent of smart heat pumps
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • DAIKIN INDUSTRIES
      • Table DAIKIN INDUSTRIES overview
      • Table DAIKIN INDUSTRIES - Business segments
      • Table DAIKIN INDUSTRIES - Organizational developments
      • Table DAIKIN INDUSTRIES - Geographic focus
      • Table DAIKIN INDUSTRIES - Segment focus
      • Table DAIKIN INDUSTRIES - Key offerings
    • Mitsubishi Electric
      • Table Mitsubishi Electric overview
      • Table Mitsubishi Electric - Business segments
      • Table Mitsubishi Electric - Organizational developments
      • Table Mitsubishi Electric - Geographic focus
      • Table Mitsubishi Electric - Segment focus
      • Table Mitsubishi Electric - Key offerings
    • NIBE
      • Table NIBE overview
      • Table NIBE - Business segments
      • Table NIBE - Organizational developments
      • Table NIBE - Geographic focus
      • Table NIBE - Segment focus
      • Table NIBE - Key offerings
    • Robert Bosch
      • Table Robert Bosch overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • United Technologies (Carrier)
      • Table United Technologies (Carrier) overview
      • Table United Technologies (Carrier) - Business segments
      • Table United Technologies (Carrier) - Organizational developments
      • Table United Technologies (Carrier) - Geographic focus
      • Table United Technologies (Carrier) - Segment focus
      • Table United Technologies (Carrier) - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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