Germany Heat Pump Market Size By Product (Air Source, Ground Source, Water Source), By Application (Residential, Commercial ), Application Potential, Competitive Market Share & Forecast, 2022

List of Tables

The Germany heat pump market is anticipated to expand steadily through 2030 owing to the increasing demand for advanced technologies for space heating.

Internal migration to raise living standards is a significant factor contributing to growing urbanization. Rapidly increasing commercialization as a result of accelerating infrastructure investments and spending across the commercial and residential sectors has created a favorable business environment.

The government has implemented favorable regulatory norms and policies, such as incentive schemes, tax breaks, and subsidies, to encourage the adoption of advanced cooling and heating technologies, which will accelerate the product deployment.

Various market players are engaging in several strategic initiatives to gain a competitive edge in the industry. For instance, in October 2022, Daikin unveiled plans to expand its manufacturing plant in Guglingen, Germany. The new plant will manufacture heat pumps. The integration and renovation of facilities at the existing manufacturing unit will allow the firm's German site to produce more than three times its current volume by 2025.

The Germany heat pump market has been bifurcated in terms of product and application.

Based on product, the water source segment is set to grow appreciably over the review timeline due to its proficiency to extract energy from various clean water bodies such as rivers, small streams, or ponds. Water sources can also be used to provide cost-effective cooling and heating solutions. Furthermore, mounting initiatives by significant industry participants to speed up the development of groundbreaking and cost-effective products with digital and smart features are expected to foster product deployment.

With respect to application, the commercial segment is poised to expand considerably by the end of 2030 credited to the implementation of stringent building energy guidelines by local regulators. Growing economic structures, as well as government initiatives to increase foreign investment in the service industry, will further likely have a positive impact on the business growth.

Meanwhile, the educational institutes segment is slated to propel substantially from 2022 to 2030. Growing need for reliable and effective heating and cooling systems and technology has improved the business landscape for educational institutions like schools, colleges, and universities. Additionally, the use of the product is estimated to rise with the escalating need for ambient temperature and necessary space and water heating.

On the other hand, the hospitality segment is set to witness positive market share over the research period. Rising living standards will have a significant impact on product trends in the hotel industry, along with a surge in demand for efficient and portable heating technology. Besides, concerns toward emission reductions would bolster the requirement for energy-efficiency and clean technology, improving the market dynamics.

Product Code: 2892

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Germany Heat Pump Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor matrix
2.2 Regulatory landscape
- 2.2.1 German Energy Saving Ordinance (EnEV)
  - 2.2.1.1 Energy Concept - The Energy Strategy
  - 2.2.1.2 Heating Optimisation Funding Programme
- 2.2.2 Renewable Energies Heat Act, 2021
- 2.2.3 Federal Ministry for Economic Affairs and Climate Action's MAP
- 2.2.4 Market Incentive Programme
- 2.2.5 German Energiewende
- 2.2.6 Federal funding for efficient buildings - residential buildings (BEG WG)
- 2.2.7 Heat Pumps and EU targets
- 2.2.8 Europe Heat Pump Association (EHPA) Testing Standards
  - 2.2.8.1 Testing Conditions
  - 2.2.8.2 Key Laws
2.3 COVID- 19 impact on the industry outlook
- 2.3.1 Overall view
2.4 Industry impact forces
- 2.4.1 Growth drivers
  - 2.4.1.1 Increasing demand for energy-efficient systems
  - 2.4.1.2 Favorable measures to reduce carbon footprints
  - 2.4.1.3 Positive transition toward clean energy alternatives
  - 2.4.1.4 Growing demand for advanced space heating technologies
- 2.4.2 Industry pitfalls and challenges
  - 2.4.2.1 Availability of economical alternatives
2.5 Price trend analysis
- 2.5.1 By product
- 2.5.2 By application
2.6 Growth potential analysis
2.7 Porter's Analysis
- 2.7.1 Bargaining power of supplier
- 2.7.2 Bargaining power of buyers
- 2.7.3 Threat of new entrant
- 2.7.4 Threat of substitutes
2.8 PESTEL Analysis

Chapter 3 Competitive Benchmarking

3.1 Competitive Landscape, 2022
- 3.1.1 Strategy Dashboard
  - 3.1.1.1 STIEBEL ELTRON GmbH & Co. KG
    - 3.1.1.1.1 Investment
  - 3.1.1.2 Bosch Thermotechnology Corp
    - 3.1.1.2.1 Investment
    - 3.1.1.2.1 Product launch
  - 3.1.1.3 Viessmann
    - 3.1.1.3.1 Investment
    - 3.1.1.3.2 Manufacturing facility
    - 3.1.1.3.3 Collaboration
    - 3.1.1.3.4 Product launch
  - 3.1.1.4 Daikin
    - 3.1.1.4.1 Facility expansion
    - 3.1.1.4.2 Strategic management plan
    - 3.1.1.4.3 Product launch
  - 3.1.1.5 Panasonic Corporation
    - 3.1.1.5.1 Product launch
    - 3.1.1.5.2 Strategic partnership
  - 3.1.1.6 Trane
    - 3.1.1.6.1 Product launch
  - 3.1.1.7 NIBE Industrier AB
    - 3.1.1.7.1 Product launch
    - 3.1.1.7.2 Acquisition
  - 3.1.1.8 Vaillant Group
    - 3.1.1.8.1 Product launch
  - 3.1.1.9 Mitsubishi Electric Corporation
    - 3.1.1.9.1 Product launch
  - 3.1.1.10 Carrier
    - 3.1.1.10.1 Product launch
    - 3.1.1.10.2 Partnership/collaboration
  - 3.1.1.11 Danfoss
    - 3.1.1.11.1 Product launch
  - 3.1.1.12 Johnson Controls
    - 3.1.1.12.1 Acquisition
3.2 Innovation & sustainability landscape
- 3.2.1 Trane
- 3.2.2 Viessmann
- 3.2.3 Daikin
- 3.2.4 Vaillant Group
- 3.2.5 STIEBEL ELTRON GmbH & Co. KG
- 3.2.6 Panasonic Marketing Europe GmbH
- 3.2.7 Bosch Thermotechnology Corp.
- 3.2.8 NIBE Industrier AB
- 3.2.9 Carrier
- 3.2.10 Johnson Controls
- 3.2.11 Danfoss
- 3.2.12 Other innovations
3.3 Company market share, 2021
3.4 Competitive benchmarking

Chapter 4 Germany Heat Pump Market, By Product

4.1 Germany heat pump market share by product, 2021 & 2030
4.2 Air source
- 4.2.1 Germany market from air source, 2018 - 2030
4.3 Ground source
- 4.3.1 Germany market from ground source, 2018 - 2030
4.4 Water source
- 4.4.1 Germany market from water source, 2018 - 2030

Chapter 5 Germany Heat Pump Market, By Application

5.1 Germany heat pump market share by application, 2021 & 2030
5.2 Residential
- 5.2.1 Germany market from residential, 2018 - 2030
- 5.2.2 Single family
  - 5.2.2.1 Germany market from single family, 2018 - 2030
- 5.2.3 Multi family
  - 5.2.3.1 Germany market from multi family, 2018 - 2030
5.3 Commercial
- 5.3.1 Germany market from commercial, 2018 - 2030
- 5.3.2 Educational institutes
  - 5.3.2.1 Germany market from educational institutes, 2018 - 2030
- 5.3.3 Healthcare
  - 5.3.3.1 Germany market from healthcare, 2018 - 2030
- 5.3.4 Retail
  - 5.3.4.1 Germany market from retail, 2018 - 2030
- 5.3.5 Logistics & transportation
  - 5.3.5.1 Germany market from logistics & transportation, 2018 - 2030
- 5.3.6 Offices
  - 5.3.6.1 Germany market from offices, 2018 - 2030
- 5.3.7 Hospitality
  - 5.3.7.1 Germany market from hospitality, 2018 - 2030
- 5.3.8 Others
  - 5.3.8.1 Germany market from others, 2018 - 2030

Chapter 6 Company Profiles

6.1 Bosch Thermotechnology Corp.
- 6.1.1 Business overview
- 6.1.2 Financial data
- 6.1.3 Product landscape
- 6.1.4 Strategic outlook
- 6.1.5 SWOT analysis
6.2 Vaillant Group
- 6.2.1 Business overview
- 6.2.2 Financial data
- 6.2.3 Product landscape
- 6.2.4 Strategic outlook
- 6.2.5 SWOT analysis
6.3 Panasonic Marketing Europe GmbH
- 6.3.1 Business overview
- 6.3.2 Financial data
- 6.3.3 Product landscape
- 6.3.4 Strategic outlook
- 6.3.5 SWOT analysis
6.4 Viessmann
- 6.4.1 Business overview
- 6.4.2 Financial data
- 6.4.3 Product landscape
- 6.4.4 Strategic outlook
- 6.4.5 SWOT analysis
6.5 Glen Dimplex Group
- 6.5.1 Business overview
- 6.5.2 Financial data
- 6.5.3 Product landscape
- 6.5.4 Strategic outlook
- 6.5.5 SWOT analysis
6.6 STIEBEL ELTRON GmbH & Co. KG
- 6.6.1 Business overview
- 6.6.2 Financial data
- 6.6.3 Product landscape
- 6.6.4 Strategic outlook
- 6.6.5 SWOT analysis
6.7 Daikin
- 6.7.1 Business overview
- 6.7.2 Financial data
- 6.7.3 Product landscape
- 6.7.4 Strategic outlook
- 6.7.5 SWOT analysis
6.8 Carrier
- 6.8.1 Business overview
- 6.8.2 Financial data
- 6.8.3 Product landscape
- 6.8.4 Strategic outlook
- 6.8.5 SWOT analysis
6.9 NIBE Industrier AB
- 6.9.1 Business overview
- 6.9.2 Financial data
- 6.9.3 Product landscape
- 6.9.4 SWOT analysis
6.10 Trane
- 6.10.1 Business overview
- 6.10.2 Financial data
- 6.10.3 Product landscape
- 6.10.4 Strategic outlook
- 6.10.5 SWOT analysis
6.11 Mitsubishi Electric Corporation
- 6.11.1 Business overview
- 6.11.2 Financial data
- 6.11.3 Product landscape
- 6.11.4 SWOT analysis
6.12 Danfoss
- 6.12.1 Business overview
- 6.12.2 Financial data
- 6.12.3 Product landscape
- 6.12.4 Strategic outlook
- 6.12.5 SWOT analysis
6.13 WOLF GmbH
- 6.13.1 Business overview
- 6.13.2 Financial data
- 6.13.3 Product landscape
- 6.13.4 Strategic outlook
- 6.13.5 SWOT analysis
6.14 OCHSNER
- 6.14.1 Business overview
- 6.14.2 Financial data
- 6.14.3 Product landscape
- 6.14.4 SWOT analysis
6.15 Johnson Controls
- 6.15.1 Business overview
- 6.15.2 Financial data
- 6.15.3 Product landscape
- 6.15.4 Strategic outlook
- 6.15.5 SWOT analysis
6.16 Systemair AB
- 6.16.1 Business overview
- 6.16.2 Financial data
- 6.16.3 Product landscape
- 6.16.4 Strategy outlook
- 6.16.5 SWOT analysis
6.17 Swegon Group AB
- 6.17.1 Business overview
- 6.17.2 Financial data
- 6.17.3 Product landscape
- 6.17.4 Strategic outlook
- 6.17.5 SWOT analysis
6.18 Weishaupt Group
- 6.18.1 Business overview
- 6.18.2 Financial data
- 6.18.3 Product landscape
- 6.18.4 Strategic outlook
- 6.18.5 SWOT analysis
6.19 Solarbayer GmbH
- 6.19.1 Business overview
- 6.19.2 Financial data
- 6.19.3 Product landscape
- 6.19.4 SWOT analysis
6.20 Modine Manufacturing Company
- 6.20.1 Business overview
- 6.20.2 Financial data
- 6.20.3 Product landscape
- 6.20.4 SWOT analysis
6.21 Toshiba Air Conditioning Systems & Heat Pumps
- 6.21.1 Business overview
- 6.21.2 Financial data
- 6.21.3 Product landscape
- 6.21.4 SWOT analysis

Product Code: 2892

Data Tables

TABLE 1 Industry impact forces
TABLE 2 Germany market from air source, 2018 - 2021 (Volume & Revenue)
TABLE 3 Germany market from air source, 2022 - 2026 (Volume & Revenue)
TABLE 4 Germany market from air source, 2027 - 2030 (Volume & Revenue)
TABLE 5 Germany market from ground source, 2018 - 2021 (Volume & Revenue)
TABLE 6 Germany market from ground source, 2022 - 2026 (Volume & Revenue)
TABLE 7 Germany market from ground source, 2027 - 2030 (Volume & Revenue)
TABLE 8 Germany market from water source, 2018 - 2021 (Volume & Revenue)
TABLE 9 Germany market from water source, 2022 - 2026 (Volume & Revenue)
TABLE 10 Germany market from water source, 2027 - 2030 (Volume & Revenue)
TABLE 11 Germany market from residential, 2018 - 2021 (Volume & Revenue)
TABLE 12 Germany market from residential, 2022 - 2026 (Volume & Revenue)
TABLE 13 Germany market from residential, 2027 - 2030 (Volume & Revenue)
TABLE 14 Germany market from single family, 2018 - 2021 (Volume & Revenue)
TABLE 15 Germany market from single family, 2022 - 2026 (Volume & Revenue)
TABLE 16 Germany market from single family, 2027 - 2030 (Volume & Revenue)
TABLE 17 Germany market from multi family, 2018 - 2021 (Volume & Revenue)
TABLE 18 Germany market from multi family, 2022 - 2026 (Volume & Revenue)
TABLE 19 Germany market from multi family, 2027 - 2030 (Volume & Revenue)
TABLE 20 Germany market from commercial, 2018 - 2021 (Volume & Revenue)
TABLE 21 Germany market from commercial, 2022 - 2026 (Volume & Revenue)
TABLE 22 Germany market from commercial, 2027 - 2030 (Volume & Revenue)
TABLE 23 Germany market from educational institutes, 2018 - 2021 (Volume & Revenue)
TABLE 24 Germany market from educational institutes, 2022 - 2026 (Volume & Revenue)
TABLE 25 Germany market from educational institutes, 2027 - 2030 (Volume & Revenue)
TABLE 26 Germany market from healthcare, 2018 - 2021 (Volume & Revenue)
TABLE 27 Germany market from healthcare, 2022 - 2026 (Volume & Revenue)
TABLE 28 Germany market from healthcare, 2027 - 2030 (Volume & Revenue)
TABLE 29 Germany market from retail, 2018 - 2021 (Volume & Revenue)
TABLE 30 Germany market from retail, 2022 - 2026 (Volume & Revenue)
TABLE 31 Germany market from retail, 2027 - 2030 (Volume & Revenue)
TABLE 32 Germany market from logistics & transportation, 2018 - 2021 (Volume & Revenue)
TABLE 33 Germany market from logistics & transportation, 2022 - 2026 (Volume & Revenue)
TABLE 34 Germany market from logistics & transportation, 2027 - 2030 (Volume & Revenue)
TABLE 35 Germany market from offices, 2018 - 2021 (Volume & Revenue)
TABLE 36 Germany market from offices, 2022 - 2026 (Volume & Revenue)
TABLE 37 Germany market from offices, 2027 - 2030 (Volume & Revenue)
TABLE 38 Germany market from hospitality, 2018 - 2021 (Volume & Revenue)
TABLE 39 Germany market from hospitality, 2022 - 2026 (Volume & Revenue)
TABLE 40 Germany market from hospitality, 2027 - 2030 (Volume & Revenue)
TABLE 41 Germany market from others, 2018 - 2021 (Volume & Revenue)
TABLE 42 Germany market from others, 2022 - 2026 (Volume & Revenue)
TABLE 43 Germany market from others, 2027 - 2030 (Volume & Revenue)

Charts & Figures

FIG. 1 Industry ecosystem analysis
FIG. 2 Overall view on COVID- 19 effect, 2022 - 2030 (USD Million)
FIG. 3 Germany greenhouse gas emission by industries, 2021
FIG. 4 Share of renewable energy sources in heating & cooling in the major EU countries (%)
FIG. 5 Price trend analysis, by product, (USD/unit)
FIG. 6 Price trend analysis, by application, (USD/unit)
FIG. 7 Growth potential analysis
FIG. 8 Porter's Analysis
FIG. 9 PESTEL Analysis
FIG. 10 Competitive Benchmarking: Key industry players
FIG. 11 Germany heat pump market revenue share by product, 2021 & 2030
FIG. 12 Germany heat pump market revenue share by application, 2021 & 2030
FIG. 13 SWOT Analysis, Bosch Thermotechnology Corp.
FIG. 14 SWOT Analysis, Vaillant Group
FIG. 15 SWOT Analysis, Panasonic Marketing Europe GmbH
FIG. 16 SWOT Analysis, Viessman
FIG. 17 SWOT Analysis, Glen Dimplex Group
FIG. 18 SWOT Analysis, STIEBEL ELTRON GmbH & Co. KG
FIG. 19 SWOT Analysis, Daikin
FIG. 20 SWOT Analysis, Carrier
FIG. 21 SWOT Analysis, NIBE Industrier AB
FIG. 22 SWOT Analysis, Trane
FIG. 23 SWOT Analysis, Mitsubishi Electric Corporation
FIG. 24 SWOT Analysis, Danfoss
FIG. 25 SWOT Analysis, WOLF GmbH
FIG. 26 SWOT Analysis, OCHSNER
FIG. 27 SWOT Analysis, Johnson Controls
FIG. 28 SWOT Analysis, Systemair AB
FIG. 29 SWOT Analysis, Swegon Group AB
FIG. 30 SWOT Analysis, Weishaupt Group
FIG. 31 SWOT Analysis, Solarbayer GmbH
FIG. 32 SWOT Analysis, Modine Manufacturing Company
FIG. 33 SWOT Analysis, Toshiba Air Conditioning Systems & Heat Pumps

Germany Heat Pump Market Size By Product (Air Source, Ground Source, Water Source), By Application (Residential, Commercial ), Application Potential, Competitive Market Share & Forecast, 2022 - 2030

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