Heat Pump Market, by Type, by Power Source (Electric, Others ), by End User, by Refrigerants, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

A heat pump is a mechanical device that transmits thermal energy from a source to a thermal reservoir. Heat pumps transfer heat energy in the opposite direction of spontaneous heat transfer by absorbing heat from cold space and releasing it a warmer one. Refrigerator and air conditioner are the most commonly known heat pumps. Refrigerator and air conditioner work only on cooling cycle, whereas heat pumps can operate on fully reversible cooling cycle. Increasing demand for eco-friendly and technologically advanced devices in heating and cooling applications is expected to boost the demand for heat pumps. Growing demand for eco-friendly devices worldwide is directly proportional to the global heat pumps demand, as heat pumps are very useful in reducing CO2 emission.

Market Dynamics

Heat pumps require low operation and maintenance cost, which is the major factor boosting its demand. Moreover, growing demand for heat pumps for residential application and significant contribution of heat pump technology in reducing carbon emissions is a major factor that is expected to boost the growth of heat pump market globally. Significant growth of construction industry combined with growing implementation of strict regulatory policies by governments, especially in China, South Korea, Japan, and the U.S. are expected to boost the demand for heat pumps for residential application. Moreover, subsidies on purchase of heat pumps provided by the government, tax credit schemes and increasing use of energy are expected to boost the market.

Key features of the study:

This report provides an in-depth analysis of global heat pump market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global heat pump market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Daikin Industries Limited, Viessmann Group, NIBE Group, Danfoss Group Global, Stiebel Eltron Group, Mitsubishi Electric Corporation, United Technologies Corporation, Panasonic Corporation, Glen Dimplex Group, The Bosch Group
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global heat pump market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global heat pump market

Detailed Segmentation

Global Heat Pump Market, By Type:
- Air-water Heat Pump
- Air-air Heat Pump
- Ground Source Heat Pump
- Hybrid Heat Pump
Global Heat Pump Market, By Power Source:
- Electric
- Others (Gas Driven)
Global Heat Pump Market, By End User:
- Residential
- Industrial
- Commercial
Global Heat Pump Market, By Refrigerants:
- HFC
- CO2
- Ammonia
- Hydrocarbon
- Others
Global Heat Pump Market, By Region:
- North America
  - By Country:
- U.S.
- Canada
- Europe
  - By Country:
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
  - By Region:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Company Profiles
- Daikin Industries Limited *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/ Updates
- Viessmann Group
- NIBE Group
- Danfoss Group Global
- Stiebel Eltron Group
- Mitsubishi Electric Corporation
- United Technologies Corporation
- Panasonic Corporation
- Glen Dimplex Group
- The Bosch Group

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI2167

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Power Source
- Market Snapshot, By End User
- Market Snapshot, By Refrigerants
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of COVID-19 Pandemic

4. Global Heat Pump Market, By Type, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Air-water Heat Pump
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Air-air Heat Pump
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Ground Source Heat Pump
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Hybrid Heat Pump
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)

5. Global Heat Pump Market, By Power Source, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Electric
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Others (Gas Driven)
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)

6. Global Heat Pump Market, By End User 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Industrial
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Commercial
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)

7. Global Heat Pump Market, By Refrigerants 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
HFC
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
CO2
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Ammonia
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Hydrocarbon
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
Others
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)

8. Global Heat Pump Market, By Region, 2017-2030 (US$ Million)

Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
North America
- Regional Trends
- Market Size and Forecast, By Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Power Source, 2017-2030 (US$ Million)
- Market Size and Forecast, By End User, 2017-2030 (US$ Million)
- Market Size and Forecast, By Refrigerants, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.S.
Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Power Source, 2017-2030 (US$ Million)
- Market Size and Forecast, By End User, 2017-2030 (US$ Million)
- Market Size and Forecast, By Refrigerants, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Power Source, 2017-2030 (US$ Million)
- Market Size and Forecast, By End User, 2017-2030 (US$ Million)
- Market Size and Forecast, By Refrigerants, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Power Source, 2017-2030 (US$ Million)
- Market Size and Forecast, By End User, 2017-2030 (US$ Million)
- Market Size and Forecast, By Refrigerants, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
- Market Size and Forecast, By Type, 2017-2030 (US$ Million)
- Market Size and Forecast, By Power Source, 2017-2030 (US$ Million)
- Market Size and Forecast, By End User, 2017-2030 (US$ Million)
- Market Size and Forecast, By Refrigerants, 2017-2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
South Africa
GCC Countries
Rest of the Middle East and Africa

9. Competitive Landscape

Company Profiles
- Daikin Industries Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Viessmann Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- NIBE Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Danfoss Group Global
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Stiebel Eltron Group.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Mitsubishi Electric Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- United Technologies Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Panasonic Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- Glen Dimplex Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
- The Bosch Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views

10. Section

References
Research Methodology
About us and Sales Contact

Heat Pump Market, by Type, by Power Source (Electric, Others ), by End User, by Refrigerants, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030