1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Heat Pumps Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Rated Capacity
5.5 Market Breakup by Product Type
5.6 Market Breakup by End Use Sector
5.7 Market Breakup by Region
5.8 Market Forecast
6 SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7 Value Chain Analysis
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Bargaining Power of Buyers
8.3 Bargaining Power of Suppliers
8.4 Degree of Competition
8.5 Threat of New Entrants
8.6 Threat of Substitutes
9 Market Breakup by Rated Capacity
9.1 Up to 10 kW
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 10–20 kW
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 20–30 kW
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Above 30 kW
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Product Type
10.1 Air Source Heat Pump
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Ground Source Heat Pump
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Water Source Heat Pump
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Exhaust Air Heat Pump
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Others
10.5.1 Market Trends
10.5.2 Market Forecast
11 Market Breakup by End Use Sector
11.1 Residential
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Commercial
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Hospitality
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Retail
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Education
11.5.1 Market Trends
11.5.2 Market Forecast
11.6 Food & Beverage
11.6.1 Market Trends
11.6.2 Market Forecast
11.7 Paper & Pulp
11.7.1 Market Trends
11.7.2 Market Forecast
11.8 Chemicals & Petrochemicals
11.8.1 Market Trends
11.8.2 Market Forecast
11.9 Others
11.9.1 Market Trends
11.9.2 Market Forecast
12 Market Breakup by Region
12.1 Europe
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 North America
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Asia Pacific
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Middle East and Africa
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Latin America
12.5.1 Market Trends
12.5.2 Market Forecast
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Daikin Industries, Ltd
14.3.2 Mitsubishi Electric Corporation
14.3.3 MIDEA GROUP
14.3.4 NIBE Industrier AB, Corp
14.3.5 Ingersoll Rand
14.3.6 Danfoss
14.3.7 Panasonic Corporation
14.3.8 GDC Group Limited
14.3.9 Viessmann Manufacturing Company Inc
14.3.10 Robert Bosch GmbH
14.3.11 United Technologies Corporation
List of Figures
Figure 1: Global: Heat Pumps Market: Major Drivers and Challenges
Figure 2: Global: Heat Pumps Market: Sales Value (in Billion USD), 2019-2024
Figure 3: Global: Heat Pumps Market: Breakup by Rated Capacity (in %), 2024
Figure 4: Global: Heat Pumps Market: Breakup by Product Type (in %), 2024
Figure 5: Global: Heat Pumps Market: Breakup by End Use Sector (in %), 2024
Figure 6: Global: Heat Pumps Market: Breakup by Region (in %), 2024
Figure 7: Global: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 8: Global: Heat Pumps Industry: SWOT Analysis
Figure 9: Global: Heat Pumps Industry: Value Chain Analysis
Figure 10: Global: Heat Pumps Industry: Porter’s Five Forces Analysis
Figure 11: Global: Heat Pumps (Up to 10 kW) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 12: Global: Heat Pumps (Up to 10 kW) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 13: Global: Heat Pumps (10–20 kW) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 14: Global: Heat Pumps (10–20 kW) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 15: Global: Heat Pumps (20–30 kW) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 16: Global: Heat Pumps (20–30 kW) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 17: Global: Heat Pumps (Above 30 kW) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 18: Global: Heat Pumps (Above 30 kW) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 19: Global: Heat Pumps (Air Source Heat Pump) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 20: Global: Heat Pumps (Air Source Heat Pump) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 21: Global: Heat Pumps (Ground Source Heat Pump) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 22: Global: Heat Pumps (Ground Source Heat Pump) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 23: Global: Heat Pumps (Water Source Heat Pump) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 24: Global: Heat Pumps (Water Source Heat Pump) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 25: Global: Heat Pumps (Exhaust Air Heat Pump) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 26: Global: Heat Pumps (Exhaust Air Heat Pump) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 27: Global: Heat Pumps (Other Product Types) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 28: Global: Heat Pumps (Other Product Types) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 29: Global: Heat Pumps (Residential) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 30: Global: Heat Pumps (Residential) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 31: Global: Heat Pumps (Commercial) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 32: Global: Heat Pumps (Commercial) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 33: Global: Heat Pumps (Hospitality) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 34: Global: Heat Pumps (Hospitality) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 35: Global: Heat Pumps (Retail) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 36: Global: Heat Pumps (Retail) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 37: Global: Heat Pumps (Education) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 38: Global: Heat Pumps (Education) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 39: Global: Heat Pumps (Food & Beverage) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 40: Global: Heat Pumps (Food & Beverage) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 41: Global: Heat Pumps (Paper & Pulp) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 42: Global: Heat Pumps (Paper & Pulp) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 43: Global: Heat Pumps (Chemicals & Petrochemicals) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 44: Global: Heat Pumps (Chemicals & Petrochemicals) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 45: Global: Heat Pumps (Other End Use Sectors) Market: Sales Value (in Billion USD), 2019 & 2024
Figure 46: Global: Heat Pumps (Other End Use Sectors) Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 47: Europe: Heat Pumps Market: Sales Value (in Billion USD), 2019 & 2024
Figure 48: Europe: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 49: North America: Heat Pumps Market: Sales Value (in Billion USD), 2019 & 2024
Figure 50: North America: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 51: Asia Pacific: Heat Pumps Market: Sales Value (in Billion USD), 2019 & 2024
Figure 52: Asia Pacific: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 53: Middle East and Africa: Heat Pumps Market: Sales Value (in Billion USD), 2019 & 2024
Figure 54: Middle East and Africa: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
Figure 55: Latin America: Heat Pumps Market: Sales Value (in Billion USD), 2019 & 2024
Figure 56: Latin America: Heat Pumps Market Forecast: Sales Value (in Billion USD), 2025-2033
List of Tables
Table 1: Global: Heat Pumps Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: Heat Pumps Market Forecast: Breakup by Rated Capacity (in Billion USD), 2025-2033
Table 3: Global: Heat Pumps Market Forecast: Breakup by Product Type (in Billion USD), 2025-2033
Table 4: Global: Heat Pumps Market Forecast: Breakup by End Use Sector (in Billion USD), 2025-2033
Table 5: Global: Heat Pumps Market Forecast: Breakup by Region (in Billion USD), 2025-2033
Table 6: Global: Heat Pumps Market Structure
Table 7: Global: Heat Pumps Market: Key Players