A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink. According to our (Global Info Research) latest study, the global Heat Pumps market size was valued at USD 8337.6 million in 2022 and is forecast to a readjusted size of USD 11860 million by 2029 with a CAGR of 5.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Heat Pumps key players include Daikin, Mitsubishi, Atlantic, NIBE Industrier, Hitachi, etc. Global top five players hold a share about 45%. China is the largest market, with a share about 40%, followed by Europe and Japan, having a total share about 40 percent. In terms of product, Air to Water Monobloc is the largest segment, with a share about 75%. And in terms of application, the largest application is Residential Heat Pumps, followed by Industrial Heat Pumps, Commercial Heat Pumps. This report is a detailed and comprehensive analysis for global Heat Pumps market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Heat Pumps market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Heat Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Heat Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029 Global Heat Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Heat Pumps To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Heat Pumps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Daikin, Mitsubishi, Atlantic, NIBE Industrier and Hitachi, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market Segmentation Heat Pumps market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Air to Water Monobloc Air to Water Cylinder Ground/Water to Water Air to Water Split Exhaust Air Market segment by Application Residential Heat Pumps Industrial Heat Pumps Commercial Heat Pumps Major players covered Daikin Mitsubishi Atlantic NIBE Industrier Hitachi Bosch Panasonic Aermec STIEBEL ELTRON CIAT Fujitsu Vaillant Danfoss Group Carrier Rheem Johnson Controls Calorex Kensa Maritime Geothermal Thermia ClimateMaster Bryant Midea GREE Electric Sirac Anywhere Fuerda Tongyi Electrical AMITIME Zhengxu Market segment by region, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia) South America (Brazil, Argentina, Colombia, and Rest of South America) Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa) The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Heat Pumps product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Heat Pumps, with price, sales, revenue and global market share of Heat Pumps from 2018 to 2023. Chapter 3, the Heat Pumps competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Heat Pumps breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Heat Pumps market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029. Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War. Chapter 13, the key raw materials and key suppliers, and industry chain of Heat Pumps. Chapter 14 and 15, to describe Heat Pumps sales channel, distributors, customers, research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Heat Pumps 1.2 Market Estimation Caveats and Base Year 1.3 Market Analysis by Type 1.3.1 Overview: Global Heat Pumps Consumption Value by Type: 2018 Versus 2022 Versus 2029 1.3.2 Air to Water Monobloc 1.3.3 Air to Water Cylinder 1.3.4 Ground/Water to Water 1.3.5 Air to Water Split 1.3.6
