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Market Research Report

Heat Pump Market by Product and Geography - Forecast and Analysis 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 325502
Published Content info 120 Pages
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Heat Pump Market by Product and Geography - Forecast and Analysis 2020-2024
Published: February 4, 2020 Content info: 120 Pages
Description

Technavio has been monitoring the global heat pump market and it is poised to grow by USD 7.75 bn during 2020-2024, progressing at a CAGR of 9% during the forecast period. Our reports on global heat pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing construction sector.

In addition, increased adoption of solar-powered heat pumps is anticipated to boost the growth of the global heat pump market as well.

Market Segmentation

Technavio's global heat pump market is segmented as below:

Product

  • Air source heat pumps
  • Ground source heat pumps
  • Exhaust air heat pumps

Geographic segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

Key Trends for global heat pump market growth

This study identifies increased adoption of solar-powered heat pumps as the prime reasons driving the global heat pump market growth during the next few years.

Prominent vendors in global heat pump market

We provide a detailed analysis of around 25 vendors operating in the global heat pump market, including some of the vendors such as Daikin Industries Ltd., Danfoss AS, Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Inc., Mitsubishi Electric Corp., NIBE Industrier AB, Rheem Manufacturing Co., Robert Bosch GmbH and United Technologies Corp. .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Table of Contents
Product Code: IRTNTR41169

Table of Contents

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Air source heat pumps - Market size and forecast 2019-2024
  • Ground source heat pumps - Market size and forecast 2019-2024
  • Exhaust air heat pumps - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Daikin Industries Ltd.
  • Danfoss AS
  • Ingersoll-Rand Plc
  • Johnson Controls International Plc
  • Lennox International Inc.
  • Mitsubishi Electric Corp.
  • NIBE Industrier AB
  • Rheem Manufacturing Co.
  • Robert Bosch GmbH
  • United Technologies Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits:

  • 1.Key Finding 1
  • 2.Key Finding 2
  • 3.Key Finding 3
  • 4.Key Finding 4
  • 5.Key Finding 5
  • 6.Key Finding 6
  • 7.Key Finding 7
  • 8.Market in focus
  • 9.Parent market
  • 10.Market characteristics
  • 11.Product / Service portfolio of key vendors included in the market definition
  • 12.Market segments
  • 13.Global - Market size and forecast 2019 - 2024 ($ million)
  • 14.Global market: Year-over-year growth 2019 - 2024 (%)
  • 15.Five forces analysis 2019 & 2024
  • 16.Bargaining power of buyers
  • 17.Bargaining power of suppliers
  • 18.Threat of new entrants
  • 19.Threat of substitutes
  • 20.Threat of rivalry
  • 21.Market condition - Five forces 2019
  • 22.Product placement - Market share 2019-2024 (%)
  • 23.Comparison by Product placement
  • 24.Air source heat pumps - Market size and forecast 2019-2024 ($ million)
  • 25.Air source heat pumps - Year-over-year growth 2019-2024 (%)
  • 26.Ground source heat pumps - Market size and forecast 2019-2024 ($ million)
  • 27.Ground source heat pumps - Year-over-year growth 2019-2024 (%)
  • 28.Exhaust air heat pumps - Market size and forecast 2019-2024 ($ million)
  • 29.Exhaust air heat pumps - Year-over-year growth 2019-2024 (%)
  • 30. Market opportunity by Product
  • 31.Customer landscape
  • 32.Market share by geography 2019-2024 (%)
  • 33.Geographic comparison
  • 34.APAC - Market size and forecast 2019-2024 ($ million)
  • 35.APAC - Year-over-year growth 2019-2024 (%)
  • 36.Europe - Market size and forecast 2019-2024 ($ million)
  • 37.Europe - Year-over-year growth 2019-2024 (%)
  • 38.North America - Market size and forecast 2019-2024 ($ million)
  • 39.North America - Year-over-year growth 2019-2024 (%)
  • 40.South America - Market size and forecast 2019-2024 ($ million)
  • 41.South America - Year-over-year growth 2019-2024 (%)
  • 42.MEA - Market size and forecast 2019-2024 ($ million)
  • 43.MEA - Year-over-year growth 2019-2024 (%)
  • 44.Key leading countries
  • 45.Market opportunity by geography ($ million)
  • 46.Impact of drivers
  • 47.Impact of challenges
  • 48.Landscape disruption
  • 49.Industry risks
  • 50.Vendors covered
  • 51.Market positioning of vendors
  • 52.Daikin Industries Ltd. - Overview (1/3)
  • 53.Daikin Industries Ltd. - Overview (2/3)
  • 54.Daikin Industries Ltd. - Overview (3/3)
  • 55.Daikin Industries Ltd. - Business segments
  • 56.Daikin Industries Ltd. - Key offerings
  • 57.Daikin Industries Ltd. - Key customers
  • 58.Daikin Industries Ltd. - Segment focus
  • 59.Danfoss AS - Overview (1/3)
  • 60.Danfoss AS - Overview (2/3)
  • 61.Danfoss AS - Overview (3/3)
  • 62.Danfoss AS - Business segments
  • 63.Danfoss AS - Key offerings
  • 64.Danfoss AS - Key customers
  • 65.Danfoss AS - Segment focus
  • 66.Ingersoll-Rand Plc - Overview (1/3)
  • 67.Ingersoll-Rand Plc - Overview (2/3)
  • 68.Ingersoll-Rand Plc - Overview (3/3)
  • 69.Ingersoll-Rand Plc - Business segments
  • 70.Ingersoll-Rand Plc - Key offerings
  • 71.Ingersoll-Rand Plc - Key customers
  • 72.Ingersoll-Rand Plc - Segment focus
  • 73.Johnson Controls International Plc - Overview (1/3)
  • 74.Johnson Controls International Plc - Overview (2/3)
  • 75.Johnson Controls International Plc - Overview (3/3)
  • 76.Johnson Controls International Plc - Business segments
  • 77.Johnson Controls International Plc - Key offerings
  • 78.Johnson Controls International Plc - Key customers
  • 79.Johnson Controls International Plc - Segment focus
  • 80.Lennox International Inc. - Overview (1/3)
  • 81.Lennox International Inc. - Overview (2/3)
  • 82.Lennox International Inc. - Overview (3/3)
  • 83.Lennox International Inc. - Business segments
  • 84.Lennox International Inc. - Key offerings
  • 85.Lennox International Inc. - Key customers
  • 86.Lennox International Inc. - Segment focus
  • 87.Mitsubishi Electric Corp. - Overview (1/3)
  • 88.Mitsubishi Electric Corp. - Overview (2/3)
  • 89.Mitsubishi Electric Corp. - Overview (3/3)
  • 90.Mitsubishi Electric Corp. - Business segments
  • 91.Mitsubishi Electric Corp. - Key offerings
  • 92.Mitsubishi Electric Corp. - Key customers
  • 93.Mitsubishi Electric Corp. - Segment focus
  • 94.NIBE Industrier AB - Overview (1/3)
  • 95.NIBE Industrier AB - Overview (2/3)
  • 96.NIBE Industrier AB - Overview (3/3)
  • 97.NIBE Industrier AB - Business segments
  • 98.NIBE Industrier AB - Key offerings
  • 99.NIBE Industrier AB - Key customers
  • 100.NIBE Industrier AB - Segment focus
  • 101.Rheem Manufacturing Co. - Overview (1/3)
  • 102.Rheem Manufacturing Co. - Overview (2/3)
  • 103.Rheem Manufacturing Co. - Overview (3/3)
  • 104.Rheem Manufacturing Co. - Product and service
  • 105.Rheem Manufacturing Co. - Key offerings
  • 106.Rheem Manufacturing Co. - Key customers
  • 107.Rheem Manufacturing Co. - Segment focus
  • 108.Robert Bosch GmbH - Overview (1/3)
  • 109.Robert Bosch GmbH - Overview (2/3)
  • 110.Robert Bosch GmbH - Overview (3/3)
  • 111.Robert Bosch GmbH - Business segments
  • 112.Robert Bosch GmbH - Key offerings
  • 113.Robert Bosch GmbH - Key customers
  • 114.Robert Bosch GmbH - Segment focus
  • 115.United Technologies Corp. - Overview (1/3)
  • 116.United Technologies Corp. - Overview (2/3)
  • 117.United Technologies Corp. - Overview (3/3)
  • 118.United Technologies Corp. - Business segments
  • 119.United Technologies Corp. - Key offerings
  • 120.United Technologies Corp. - Key customers
  • 121.United Technologies Corp. - Segment focus
  • 122.Currency conversion rates for US$
  • 123.Research Methodology
  • 124.Validation techniques employed for market sizing
  • 125.Information sources
  • 126.List of abbreviations
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