Heat Pumps Global Market Opportunities And Strategies To 2033

Heat Pumps Market 2024 – By Type (Chemistry Services, Biology Services ), By Process (Target Selection, Target Validation, Hit-To-Lead Identification, Lead Optimization, Candidate Validation, Other Processes ), By End User (Pharmaceutical, Biotechnology Companies, Academic Institutes, Other End Users), By Drug Type (Biologics Drug, Small Molecule Drug), And By Region, Opportunities And Strategies – Global Forecast To 2032

Name: Heat Pumps Global Market Opportunities And Strategies To 2033
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Heat Pumps Global Market Opportunities And Strategies To 2033

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Heat Pumps Market Definition

Heat pumps are devices that transfer heat energy from one location to another, typically from outside to inside a building, to provide heating and cooling. They are an integral part of the HVAC (Heating, Ventilation and Air Conditioning) industry and are used in various settings to maintain comfortable indoor temperatures and improve energy efficiency.

The heat pumps market consists of sales, by entities (organizations, sole traders and partnerships), of heat pumps that primarily utilized by homeowners, commercial property managers and industrial facilities seeking sustainable and cost-effective climate control solutions.

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Heat Pumps Market Size

The global heat pumps market reached a value of nearly $88,200.42 million in 2023, having grown at a compound annual growth rate (CAGR) of 7.43% since 2018. The market is expected to grow from $88,200.42 million in 2023 to $142,085.72 million in 2028 at a rate of 10.01%. The market is then expected to grow at a CAGR of 10.42% from 2028 and reach $ 233,260.15 million in 2033.

Growth in the historic period resulted from the increasing focus on renewable energy, rise in demand for energy-efficient solutions, increasing construction activities and rising government initiatives. Factors that negatively affected growth in the historic period include high installation costs and import restrictions and export bans.

Going forward, favorable measures to reduce carbon footprints, rapid urbanization, increase in investment in commercial construction and increasing industrialization will drive the market. Factors that could hinder the growth of the heat pumps market in the future include shortage of skilled personnel.

Heat Pumps Market Drivers

The key drivers of the heat pumps market include:

Favorable Measures To Reduce Carbon Footprints

Favorable measures to reduce carbon footprints are expected to propel the growth of the heat pumps market going forward. Heat pumps are energy efficient and produce fewer carbon emissions compared to conventional heating and cooling systems. Additionally, government incentives, green building standards and consumer awareness further promote the adoption of heat pumps as a sustainable choice. As individuals, organizations and governments seek to mitigate climate change and reduce carbon emissions, heat pumps offer an attractive solution for lowering their environmental impact while also benefiting from cost savings and regulatory compliance. For instance, according to the UK government’s official website, in 2021, the UK government launched the Net Zero Innovation Portfolio (NZIP), a $1.37 billion (£1 billion) fund designed to accelerate the commercialization of innovative technologies and processes, thereby advancing decarbonization in the UK and supporting its net zero emissions commitment by 2050. Therefore, favorable measures to reduce carbon footprints will drive the growth of the heat pumps market.

Heat Pumps Market Restraints

The key restraints on the heat pumps market include:

Shortage Of Skilled Personnel

A shortage of skilled personnel may restrain the growth of the heat pumps market during the forecast period. Skilled technicians are crucial for the correct installation of heat pumps. A shortage of these professionals can drive up labor costs due to high demand and limited supply. Consequently, this increase in installation expenses may make heat pumps less appealing to potential buyers. For instance, according to TeamLease Services Limited, an India-based recruitment and human resources services company, India faced a pressing shortage of 150 million skilled workers in 2023, up from 138 million three years prior. This shortage posed a critical challenge across sectors such as factories, engineering units, manufacturing plants, assembly lines and infrastructure projects, highlighting the urgent need for skilled labor. Therefore, a shortage of skilled personnel is expected to hinder the heat pumps market growth.

Heat Pumps Market Trends

Major trends shaping the heat pumps market include:

Innovative Plug-And-Play CO2 Heat Pumps For Commercial Use

Major companies operating in heat pumps market are developing innovative plug-and-play CO2 heat pumps for commercial use. This enables the heat pump to accommodate a range of commercial applications, from small businesses to large facilities that require substantial heating and cooling capacities. For instance, in April 2024, Tequs, a Norway-based startup that provides heat pumps, launched a new CO2 water-to-water heat pump specifically designed for commercial applications. This innovative, plug-and-play system simplifies installation by requiring minimal modifications. It offers hot water production up to 90°C (194°F) and provides both heating and cooling capabilities, making it suitable for diverse settings such as hotels and residential buildings. Tequs' objective was to develop a more compact and user-friendly heat pump to address a market gap, as existing CO2 heat pumps were often large and complex. The new model, with a capacity range of 15 to 800 kW (kilowatt), is engineered for efficiency and environmental sustainability.

Revolutionizing Residential Heating With Advanced Digital Heat Pumps

Companies in the heat pumps market are focusing on revolutionizing residential heating with advanced digital heat pumps which contribute to the reduction of carbon emissions and promote sustainable energy use. For example, in March 2024, Aira, a Sweden-based clean energy technology company, introduced an advanced heat pump designed to accelerate the electrification of residential heating across Europe. This cutting-edge heat pump adopts a digital-first approach, enabling customers to manage all settings through a thermostat and smart app from any location. It incorporates 'Aira Intelligence,' a suite of smart, connected features that adapts to customers' routines to optimize heating and hot water schedules. This intelligent system offers up to 40% savings on heating costs and reduces household CO2 emissions by at least 75% from the outset.

Opportunities And Recommendations In The Heat Pumps Market

Opportunities – The top opportunities in the heat pumps market segmented by product type will arise in the air source segment, which will gain $46,798.47 million of global annual sales by 2028. The top opportunities in the heat pumps market segmented by rated capacity will arise in the up to 10 KW segment, which will gain $33,070.24 million of global annual sales by 2028. The top opportunities in the heat pumps market segmented by end user will arise in the residential segment, which will gain $37,940.96 million of global annual sales by 2028. The heat pumps market size will gain the most in the USA at $11,957.25 million.

Recommendations- To take advantage of the opportunities, The Business Research Company recommends the heat pumps companies to focus on developing innovative and versatile products, focus on digital innovation and sustainability, focus on expanding product range with advanced heat pump technologies, focus on high-efficiency compact heat pumps, focus on developing hybrid heating systems, focus on enhanced user experience and seamless integration, focus on commercial upgrades, focus on ground source segment for growth, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions and focus on targeting industrial end-users.

Heat Pumps Market Segmentation

The heat pumps market is segmented by product type, by rated capacity and by end user.

By Product Type –
The heat pumps market is segmented by product type into:

a) Air Source
b) Water Source
C) Ground Source

The air source market was the largest segment of the heat pumps market segmented by product type, accounting for 86.95% or $76,691.92 million of the total in 2023. Going forward, the ground source segment is expected to be the fastest growing segment in the heat pumps market segmented by product type, at a CAGR of 11.48% during 2023-2028.

By Rated Capacity –
The heat pumps market is segmented by rated capacity into:

a) Up To 10 KW (Kilowatt)
b) 10-20 KW
c) 20-30 KW
d) Above 30 KW

The up to 10 KW market was the largest segment of the heat pumps market segmented by rated capacity, accounting for 58.63% or $51,714.83 million of the total in 2023. Going forward, the up to 10 KW segment is expected to be the fastest growing segment in the heat pumps market segmented by rated capacity, at a CAGR of 10.39% during 2023-2028.

By End User –
The heat pumps market is segmented by end user into:

a) Residential
b) Commercial
c) Industrial

The residential market was the largest segment of the heat pumps market segmented by end user, accounting for 70.51% or $62,188.24 million of the total in 2023. Going forward, the industrial segment is expected to be the fastest growing segment in the heat pumps market segmented by end user, at a CAGR of 11.13% during 2023-2028.

By Geography - The heat pumps market is segmented by geography into:

• China
• India
• Japan
• Australia
• Indonesia
• South Korea

• USA
• Canada

• Brazil

• France
• Germany
• UK
• Italy
• Spain

• Russia

Asia-Pacific was the largest region in the heat pumps market, accounting for 52.28% or $46,107.87 million of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the heat pumps market will be Western Europe and North America, where growth will be at CAGRs of 12.28% and 11.98% respectively. These will be followed by Africa and the Middle East, where the markets are expected to grow at CAGRs of 11.63% and 10.63% respectively.

Heat Pumps Market Competitive Landscape

Major Competitors are:

Johnson Controls International plc

Carrier Corporation

Daikin Industries Ltd.

Hitachi Ltd.

Systemair AB

Other Competitors Include:

Trane Technologies plc

LG Electronics Inc.

Panasonic Corporation

Mitsubishi Electric Corporation

Samsung Electronics Co. Ltd.

Mitsubishi Heavy Industries Ltd

Havells

Carrier Airconditioning & Refrigeration Limited

Guangzhou Sprsun New Energy Technology Development Co., Ltd. (Sprsun)

EcoFlow

PHNIX

Reclaim Energy

Econotherm Ltd

Evergreen Energy

Robert Heath Heating

Hybrid Energy AS

Nrgteq

2G Energy AG

ThermoNova A/S

Kensa

Aira

BDR Thermea Group

Rhoss

Alpha Innotec

Groupe Atlantic

Equium

Sinop CB Inc.

Daikin Industries, Ltd.

Tecnoclima Spa

HRS Heat Exchangers Ltd

Thermostahl Srl

Thermocold

TMK

Columbia University Irving Medical Center (CUIMC)

Hayward Holdings, Inc.

Merfish United

Reliance Steel & Aluminum Co

Raytheon Technologies Corporation

Terravis Energy Inc

Hayward Industries, Inc.

Carrier Global Corporation

Ingersoll Rand Inc

Lennox International Inc

Enertech Global

Bryant Heating & Cooling LLC

Vicinity Energy

Coastal Heat Pumps

Rheem Manufacturing Company

Xylem Inc

A. O. Smith Corporation

Midea

PEISA

Ariston Thermo Group

Embraco

Eletrofrio

Trane de Chile S.A.

ThermoFusion

Nostromo

WIKA Saudi Arabia LLC

Saudi Heat Pump

Solimpeks

Garmiran

Zamil Air Conditioners

DemirDöküm

Baymak

S.K.M Air Conditioning LLC

Taqeef

DaiTech Nigeria Ltd

Ariston Group

Bosch Thermotechnology South Africa

Emerson Electric Co

Electrolux S.A.

1 Executive Summary

1.1 Heat Pumps – Market Attractiveness And Macro Economic Landscape

2 Table Of Contents

3 List Of Tables

4 List Of Figures

5 Report Structure

6 Market Characteristics

6.1 General Market Definition

6.2 Summary

6.3 Heat Pumps Market Definition And Segmentations

6.4 Market Segmentation By Product Type

6.4.1 Air Source

6.4.2 Water Source

6.4.3 Ground Source

6.5 Market Segmentation By Rated Capacity

6.5.1 Up To 10 KW

6.5.2 10-20 KW

6.5.3 20-30 KW

6.5.4 Above 30 KW

6.6 Market Segmentation By End User

6.6.1 Residential

6.6.2 Commercial

6.6.3 Industrial

7 Major Market Trends

7.1 Innovative Plug-And-Play CO2 Heat Pumps For Commercial Use

7.2 Revolutionizing Residential Heating With Advanced Digital Heat Pumps

7.3 Introduction Of Advanced Commercial Air Source Heat Pumps

7.4 Focus On High-Efficiency Compact Heat Pumps With Superior Performance

7.5 Innovative Hybrid Solutions For Sustainable Home Heating

7.6 Focus On Enhanced User Experience With New Integrated Heat Pump Systems

7.7 New Heat Pump Series To Enhance Efficiency For Commercial Upgrades

8 Heat Pumps Market – Macro-Economic Scenario

8.1 COVID-19 Impact On The Heat Pumps Market

8.2 Impact Of The War In Ukraine On The Heat Pumps Market

8.3 Impact Of High Inflation On The Heat Pumps Market

9 Global Market Size and Growth

9.1 Market Size

9.2 Historic Market Growth, 2018 – 2023, Value ($ Million)

9.2.1 Market Drivers 2018 – 2023

9.2.2 Market Restraints 2018 – 2023

9.3 Forecast Market Growth, 2023 – 2028, 2033F Value ($ Million)

9.3.1 Market Drivers 2023 – 2028

9.3.2 Market Restraints 2023 – 2028

10 Global Heat Pumps Market Segmentation

10.1 Global Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

10.2 Global Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

10.3 Global Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

11 Heat Pumps Market, Regional and Country Analysis

11.1 Global Heat Pumps Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

11.2 Global Heat Pumps Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12 Asia-Pacific Market

12.1 Summary

12.2 Market Overview

12.2.1 Region Information

12.2.2 Market Information

12.2.3 Background Information

12.2.4 Government Initiatives

12.2.5 Regulations

12.2.6 Regulatory Bodies

12.2.7 Major Associations

12.2.8 Taxes Levied

12.2.9 Corporate Tax Structure

12.2.10 Investments

12.2.11 Major Companies

12.3 Asia-Pacific Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.4 Asia-Pacific Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.5 Asia-Pacific Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.6 Asia-Pacific Heat Pumps Market: Country Analysis

12.7 China Market

12.8 Summary

12.9 Market Overview

12.9.1 Country Information

12.9.2 Market Information

12.9.3 Background Information

12.9.4 Government Initiatives

12.9.5 Regulations

12.9.6 Regulatory Bodies

12.9.7 Major Associations

12.9.8 Taxes Levied

12.9.9 Corporate Tax Structure

12.9.10 Investments

12.9.11 Major Companies

12.10 China Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.11 China Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.12 China Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.13 India Market

12.14 India Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.15 India Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.16 India Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.17 Japan Market

12.18 Japan Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.19 Japan Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.20 Japan Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.21 Australia Market

12.22 Australia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.23 Australia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.24 Australia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.25 Indonesia Market

12.26 Indonesia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.27 Indonesia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.28 Indonesia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.29 South Korea Market

12.30 South Korea Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.31 South Korea Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

12.32 South Korea Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13 Western Europe Market

13.1 Summary

13.2 Market Overview

13.2.1 Region Information

13.2.2 Market Information

13.2.3 Background Information

13.2.4 Government Initiatives

13.2.5 Regulations

13.2.6 Regulatory Bodies

13.2.7 Major Associations

13.2.8 Taxes Levied

13.2.9 Corporate Tax Structure

13.2.10 Investments

13.2.11 Major Companies

13.3 Western Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.4 Western Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.5 Western Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.6 Western Europe Heat Pumps Market: Country Analysis

13.7 UK Market

13.8 UK Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.9 UK Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.10 UK Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.11 Germany Market

13.12 Germany Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.13 Germany Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.14 Germany Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.15 France Market

13.16 France Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.17 France Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.18 France Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.19 Italy Market

13.20 Italy Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.21 Italy Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.22 Italy Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.23 Spain Market

13.24 Spain Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.25 Spain Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

13.26 Spain Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14 Eastern Europe Market

14.1 Summary

14.2 Market Overview

14.2.1 Region Information

14.2.2 Market Information

14.2.3 Background Information

14.2.4 Government Initiatives

14.2.5 Regulations

14.2.6 Regulatory Bodies

14.2.7 Major Associations

14.2.8 Taxes Levied

14.2.9 Corporate Tax Structure

14.2.10 Investments

14.2.11 Major Companies

14.3 Eastern Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14.4 Eastern Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14.5 Eastern Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14.6 Eastern Europe Heat Pumps Market: Country Analysis

14.7 Russia Market

14.8 Russia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14.9 Russia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

14.10 Russia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15 North America Market

15.1 Summary

15.2 Market Overview

15.2.1 Region Information

15.2.2 Market Information

15.2.3 Background Information

15.2.4 Government Initiatives

15.2.5 Regulations

15.2.6 Regulatory Bodies

15.2.7 Major Associations

15.2.8 Taxes Levied

15.2.9 Corporate Tax Structure

15.2.10 Investments

15.2.11 Major Companies

15.3 North America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.4 North America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.5 North America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.6 North America Heat Pumps Market: Country Analysis

15.7 USA Market

15.8 Summary

15.9 Market Overview

15.9.1 Country Information

15.9.2 Market Information

15.9.3 Background Information

15.9.4 Government Initiatives

15.9.5 Regulations

15.9.6 Regulatory Bodies

15.9.7 Major Associations

15.9.8 Taxes Levied

15.9.9 Corporate Tax Structure

15.9.10 Investments

15.9.11 Major Companies

15.10 USA Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.11 USA Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.12 USA Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.13 Canada Market

15.14 Canada Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.15 Canada Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

15.16 Canada Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16 South America Market

16.1 Summary

16.2 Market Overview

16.2.1 Region Information

16.2.2 Market Information

16.2.3 Background Information

16.2.4 Government Initiatives

16.2.5 Regulations

16.2.6 Regulatory Bodies

16.2.7 Major Associations

16.2.8 Taxes Levied

16.2.9 Corporate Tax Structure

16.2.10 Major Companies

16.3 South America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16.4 South America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16.5 South America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16.6 South America Heat Pumps Market: Country Analysis

16.7 Brazil Market

16.8 Brazil Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16.9 Brazil Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

16.10 Brazil Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

17 Middle East Market

17.1 Summary

17.2 Market Overview

17.2.1 Region Information

17.2.2 Market Information

17.2.3 Background Information

17.2.4 Government Initiatives

17.2.5 Regulations

17.2.6 Regulatory Bodies

17.2.7 Major Associations

17.2.8 Taxes Levied

17.2.9 Corporate Tax Structure

17.2.10 Investments

17.2.11 Major Companies

17.3 Middle East Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

17.4 Middle East Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

17.5 Middle East Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

18 Africa Market

18.1 Summary

18.2 Market Overview

18.2.1 Region Information

18.2.2 Market Information

18.2.3 Background Information

18.2.4 Government Initiatives

18.2.5 Regulations

18.2.6 Regulatory Bodies

18.2.7 Major Associations

18.2.8 Taxes Levied

18.2.9 Corporate Tax Structure

18.2.10 Investments

18.2.11 Major Companies

18.3 Africa Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

18.4 Africa Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

18.5 Africa Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

19 Competitive Landscape And Company Profiles

19.1 Company Profiles

19.2 Johnson Controls International PLC

19.2.1 Company Overview

19.2.2 Products And Services

19.2.3 Business Strategy

19.2.4 Financial Overview

19.3 Carrier Global Corporation

19.3.1 Company Overview

19.3.2 Products And Services

19.3.3 Business Strategy

19.3.4 Financial Overview

19.4 Daikin Industries Ltd

19.4.1 Company Overview

19.4.2 Products And Services

19.4.3 Business Strategy

19.4.4 Financial Overview

19.5 Hitachi Ltd

19.5.1 Company Overview

19.5.2 Products And Services

19.5.3 Business Strategy

19.5.4 Financial Overview

19.6 Systemair AB

19.6.1 Company Overview

19.6.2 Products And Services

19.6.3 Financial Overview

20 Other Major And Innovative Companies

20.1 Trane Technologies plc

20.1.1 Company Overview

20.1.2 Products And Services

20.2 LG Electronics Inc

20.2.1 Company Overview

20.2.2 Products And Services

20.3 Panasonic Corporation

20.3.1 Company Overview

20.3.2 Products And Services

20.4 Mitsubishi Electric Corporation

20.4.1 Company Overview

20.4.2 Products And Services

20.5 Samsung Electronics Co. Ltd

20.5.1 Company Overview

20.5.2 Products And Services

20.6 Rheem Manufacturing Company

20.6.1 Company Overview

20.6.2 Products And Services

20.7 FläktGroup Holding GmbH

20.7.1 Company Overview

20.7.2 Products And Services

20.8 Stiebel Eltron India Pvt. Ltd

20.8.1 Company Overview

20.8.2 Products And Services

20.9 Schwank Ltd

20.9.1 Company Overview

20.9.2 Products And Services

20.10 Guangdong New Energy Technology Development Co. Ltd

20.10.1 Company Overview

20.10.2 Products And Services

20.11 The Whalen Company

20.11.1 Company Overview

20.11.2 Products And Services

20.12 Fujitsu General Limited

20.12.1 Company Overview

20.12.2 Products And Services

20.13 Hitecsa

20.13.1 Company Overview

20.13.2 Products And Services

20.14 MTA S.p.A.

20.14.1 Company Overview

20.14.2 Products And Services

20.15 Teddington-France

20.15.1 Company Overview

20.15.2 Products And Services

21 Competitive Benchmarking

22 Competitive Dashboard

23 Key Mergers And Acquisitions

23.1 DAIKIN Acquired Robert Heath Heating

23.2 2G Energy AG Acquired NRGTEQ

23.3 Smart Metering Systems Acquired Evergreen Energy

23.4 Solex Thermal Science Acquired Econotherm

23.5 Solar A/S Acquired ThermoNova

23.6 Johnson Controls International PLC Acquired Hybrid Energy AS

23.7 Reliance Steel & Aluminum Acquired Merfish United

23.8 Boyd Acquired ThermaMasters

24 Opportunities And Strategies

24.1 Global Heat Pumps Market In 2028 – Countries Offering Most New Opportunities

24.2 Global Heat Pumps Market In 2028 – Segments Offering Most New Opportunities

24.3 Global Heat Pumps Market In 2028 – Growth Strategies

24.3.1 Market Trend Based Strategies

24.3.2 Competitor Strategies

25 Heat Pumps Market, Conclusions And Recommendations

25.1 Conclusions

25.2 Recommendations

25.2.1 Product

25.2.2 Place

25.2.3 Price

25.2.4 Promotion

25.2.5 People

26 Appendix

26.1 Geographies Covered

26.2 Market Data Sources

26.3 Research Methodology

26.4 Currencies

26.5 The Business Research Company

26.6 Copyright and Disclaimer

List Of Tables

Table 1: Global Heat Pumps Market, Historic, 2018 – 2023, $ Million

Table 2: Global Heat Pumps Market, Forecast, 2023 – 2028, 2033F, $ Million

Table 3: Global Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 4: Global Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 5: Global Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 6: Global Heat Pumps Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 7: Global Heat Pumps Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 8: Asia-Pacific GDP Per Capita, By Country, 2018-2023, $

Table 9: Asia-Pacific Population, By Country, 2018-2028, Millions

Table 10: Asia-Pacific Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 11: Asia-Pacific Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 12: Asia-Pacific Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 13: China GDP Per Capita, 2018-2023, $

Table 14: China Population, 2018-2028, Millions

Table 15: China Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 16: China Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 17: China Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 18: India Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 19: India Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 20: India Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 21: Japan Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 22: Japan Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 23: Japan Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 24: Australia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 25: Australia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 26: Australia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 27: Indonesia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 28: Indonesia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 29: Indonesia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 30: South Korea Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 31: South Korea Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 32: South Korea Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 33: Western Europe GDP Per Capita, By Country, 2018-2023, $

Table 34: Western Europe Population, By Country, 2018-2028, Millions

Table 35: Western Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 36: Western Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 37: Western Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 38: UK Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 39: UK Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 40: UK Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 41: Germany Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 42: Germany Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 43: Germany Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 44: France Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 45: France Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 46: France Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 47: Italy Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 48: Italy Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 49: Italy Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 50: Spain Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 51: Spain Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 52: Spain Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 53: Eastern Europe GDP Per Capita, By Country, 2018-2023, $

Table 54: Eastern Europe Population, By Country, 2018-2028, Millions

Table 55: Eastern Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 56: Eastern Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 57: Eastern Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 58: Russia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 59: Russia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 60: Russia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 61: North America GDP Per Capita, By Country, 2018-2023, $

Table 62: North America Population, By Country, 2018-2028, Millions

Table 63: North America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 64: North America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 65: North America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 66: USA GDP Per Capita, 2018-2023, $

Table 67: USA Population, 2018-2028, Millions

Table 68: USA Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 69: USA Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 70: USA Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 71: Canada Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 72: Canada Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 73: Canada Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 74: South America GDP Per Capita, By Country, 2018-2023, $

Table 75: South America Population, By Country, 2018-2028, Millions

Table 76: South America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 77: South America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 78: South America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 79: Brazil Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 80: Brazil Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 81: Brazil Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 82: Middle East GDP Per Capita, By Country, 2018-2023, $

Table 83: Middle East Population, By Country, 2018-2028, Millions

Table 84: Middle East Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 85: Middle East Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 86: Middle East Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 87: Africa GDP Per Capita, By Country, 2018-2023, $

Table 88: Africa Population, By Country, 2018-2028, Millions

Table 89: Africa Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 90: Africa Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 91: Africa Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Table 92: Global Heat Pumps Market, Key Competitor Estimated Market Shares, 2023, Percentage (%)

Table 93: Johnson Controls International PLC – Financial Overview, 2019 – 2023, $Billion

Table 94: Carrier Global Corporation – Financial Overview, 2019 – 2023, $Billion

Table 95: Daikin Industries Ltd – Financial Overview, 2019 – 2023, $ Billion

Table 96: Hitachi Ltd – Financial Overview, 2019 – 2023, $ Billion

Table 97: Systemair AB – Financial Overview, 2019 – 2023, $ Billion

Table 98: Heat Pumps Market, Competitive Benchmarking (In USD Millions)

Table 99: Heat Pumps Market, Competitive Dashboard

Table 100: Global Heat Pumps Market Size Gain ($ Million), 2023 – 2028, By Country

Table 101: Global Heat Pumps Market Size Gain ($ Million), Segmentation By Product Type, 2023 – 2028

Table 102: Global Heat Pumps Market Size Gain ($ Million), Segmentation By Rated Capacity, 2023 – 2028

Table 103: Global Heat Pumps Market Size Gain ($ Million), Segmentation By End User, 2023 – 2028

Table 104: Heat Pumps Market Data Sources

List Of Figures

Figure 1: Global Heat Pumps Market Segmentation By Product Type

Figure 2: Global Heat Pumps Market Segmentation By Rated Capacity

Figure 3: Global Heat Pumps Market Segmentation By End User

Figure 4: Global Heat Pumps Market, Historic, 2018 – 2023, $ Million

Figure 5: Global Heat Pumps Market, Forecast, 2023 – 2028, 2033F, $ Million

Figure 6: Global Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 7: Global Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 8: Global Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 9: Global Heat Pumps Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 10: Global Heat Pumps Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 11: Asia-Pacific Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 12: Asia-Pacific Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 13: Asia-Pacific Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 14: China Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 15: China Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 16: China Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 17: India Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 18: India Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 19: India Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 20: Japan Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 21: Japan Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 22: Japan Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 23: Australia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 24: Australia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 25: Australia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 26: Indonesia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 27: Indonesia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 28: Indonesia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 29: South Korea Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 30: South Korea Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 31: South Korea Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 32: Western Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 33: Western Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 34: Western Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 35: UK Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 36: UK Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 37: UK Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 38: Germany Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 39: Germany Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 40: Germany Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 41: France Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 42: France Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 43: France Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 44: Italy Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 45: Italy Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 46: Italy Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 47: Spain Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 48: Spain Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 49: Spain Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 50: Eastern Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 51: Eastern Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 52: Eastern Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 53: Russia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 54: Russia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 55: Russia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 56: North America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 57: North America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 58: North America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 59: USA Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 60: USA Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 61: USA Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 62: Canada Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 63: Canada Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 64: Canada Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 65: South America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 66: South America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 67: South America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 68: Brazil Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 69: Brazil Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 70: Brazil Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 71: Middle East Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 72: Middle East Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 73: Middle East Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 74: Africa Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 75: Africa Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 76: Africa Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million

Figure 77: Global Heat Pumps Market, Key Competitor Estimated Market Shares, 2023, Percentage (%)

Figure 78: Johnson Controls International PLC – Financial Overview, 2019 – 2023, $ Billion

Figure 79: Carrier Global Corporation – Financial Overview, 2019 – 2023, $ Billion

Figure 80: Daikin Industries Ltd – Financial Overview, 2019 – 2023, $ Billion

Figure 81: Hitachi Ltd – Financial Overview, 2019 – 2023, $ Billion

Figure 82: Systemair AB – Financial Overview, 2019 – 2023, $ Billion

Figure 83: Geographic Regions Covered

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Heat Pumps Global Market Opportunities And Strategies To 2033

Heat Pumps Global Market Opportunities And Strategies To 2033

Heat Pumps Market Definition

Heat Pumps Market Size

Heat Pumps Market Drivers

Heat Pumps Market Restraints

Heat Pumps Market Trends

Opportunities And Recommendations In The Heat Pumps Market

Heat Pumps Market Segmentation

Heat Pumps Market Competitive Landscape

Major Competitors are:

Other Competitors Include:

Table Of Contents

List Of Tables

List Of Figures

Frequently Asked Questions