APO Research

APO RESEARCH · REPORT

Heat Pumps

A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

Product & engineering

Understand the product.

A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

Selected research

Industry Research

Heat Pumps Industry Research Report 2026

Market perspective

A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

Global Heat Pumps key players include Daikin, Mitsubishi, Atlantic, NIBE Industrier, Hitachi, etc. Global top five players hold a share about 45%.

China is the largest market, with a share about 40%, followed by Europe and Japan, having a total share about 40 percent.

Read the full market overview

In terms of product, Air to Water Monobloc is the largest segment, with a share about 75%. And in terms of application, the largest application is Residential Heat Pumps, followed by Industrial Heat Pumps, Commercial Heat Pumps.

Report Scope

This report quantifies the global Heat Pumps market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.

It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).

The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Heat Pumps.

Key Companies & Market Share Insights

This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.

Heat Pumps Market by Company

Daikin

Mitsubishi

Atlantic

NIBE Industrier

Hitachi

Bosch

Panasonic

Aermec

STIEBEL ELTRON

CIAT

Fujitsu

Vaillant

Danfoss Group

Carrier

Rheem

Johnson Controls

Calorex

Kensa

Maritime Geothermal

Thermia

ClimateMaster

Bryant

Midea

GREE Electric

Sirac

Anywhere

Fuerda

Tongyi Electrical

AMITIME

Zhengxu

Heat Pumps Segment by Type

Air to Water Monobloc

Air to Water Cylinder

Ground/Water to Water

Air to Water Split

Exhaust Air

Heat Pumps Segment by Application

Residential Heat Pumps

Industrial Heat Pumps

Commercial Heat Pumps

Heat Pumps Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Pumps market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Heat Pumps and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Pumps.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Heat Pumps manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Heat Pumps by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Heat Pumps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

More report detail

Tables and figures
List of Tables Table 1. Secondary Sources Table 2. Primary Sources Table 3. Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Heat Pumps Production by Manufacturers (K Units) & (2021-2026) Table 6. Global Heat Pumps Production Market Share by Manufacturers Table 7. Global Heat Pumps Production Value by Manufacturers (US$ Million) & (2021-2026) Table 8. Global Heat Pumps Production Value Market Share by Manufacturers (2021-2026) Table 9. Global Heat Pumps Average Price (USD/Unit) of Manufacturers (2021-2026) Table 10. Global Heat Pumps Industry Manufacturers Ranking, 2024 VS 2025 VS 2026 Table 11. Global Heat Pumps Key Manufacturers, Manufacturing Sites & Headquarters Table 12. Global Heat Pumps Manufacturers, Product Type & Application Table 13. Global Heat Pumps Manufacturers Established Date Table 14. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 15. Global Heat Pumps by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2025) Table 16. Manufacturers Mergers & Acquisitions, Expansion Plans Table 17. Daikin Company Information Table 18. Daikin Business Overview Table 19. Daikin Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 20. Daikin Heat Pumps Product Portfolio Table 21. Daikin Recent Development Table 22. Mitsubishi Company Information Table 23. Mitsubishi Business Overview Table 24. Mitsubishi Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 25. Mitsubishi Heat Pumps Product Portfolio Table 26. Mitsubishi Recent Development Table 27. Atlantic Company Information Table 28. Atlantic Business Overview Table 29. Atlantic Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 30. Atlantic Heat Pumps Product Portfolio Table 31. Atlantic Recent Development Table 32. NIBE Industrier Company Information Table 33. NIBE Industrier Business Overview Table 34. NIBE Industrier Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 35. NIBE Industrier Heat Pumps Product Portfolio Table 36. NIBE Industrier Recent Development Table 37. Hitachi Company Information Table 38. Hitachi Business Overview Table 39. Hitachi Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 40. Hitachi Heat Pumps Product Portfolio Table 41. Hitachi Recent Development Table 42. Bosch Company Information Table 43. Bosch Business Overview Table 44. Bosch Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 45. Bosch Heat Pumps Product Portfolio Table 46. Bosch Recent Development Table 47. Panasonic Company Information Table 48. Panasonic Business Overview Table 49. Panasonic Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 50. Panasonic Heat Pumps Product Portfolio Table 51. Panasonic Recent Development Table 52. Aermec Company Information Table 53. Aermec Business Overview Table 54. Aermec Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 55. Aermec Heat Pumps Product Portfolio Table 56. Aermec Recent Development Table 57. STIEBEL ELTRON Company Information Table 58. STIEBEL ELTRON Business Overview Table 59. STIEBEL ELTRON Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 60. STIEBEL ELTRON Heat Pumps Product Portfolio Table 61. STIEBEL ELTRON Recent Development Table 62. CIAT Company Information Table 63. CIAT Business Overview Table 64. CIAT Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 65. CIAT Heat Pumps Product Portfolio Table 66. CIAT Recent Development Table 67. Fujitsu Company Information Table 68. Fujitsu Business Overview Table 69. Fujitsu Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 70. Fujitsu Heat Pumps Product Portfolio Table 71. Fujitsu Recent Development Table 72. Vaillant Company Information Table 73. Vaillant Business Overview Table 74. Vaillant Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 75. Vaillant Heat Pumps Product Portfolio Table 76. Vaillant Recent Development Table 77. Danfoss Group Company Information Table 78. Danfoss Group Business Overview Table 79. Danfoss Group Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 80. Danfoss Group Heat Pumps Product Portfolio Table 81. Danfoss Group Recent Development Table 82. Carrier Company Information Table 83. Carrier Business Overview Table 84. Carrier Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 85. Carrier Heat Pumps Product Portfolio Table 86. Carrier Recent Development Table 87. Rheem Company Information Table 88. Rheem Business Overview Table 89. Rheem Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 90. Rheem Heat Pumps Product Portfolio Table 91. Rheem Recent Development Table 92. Johnson Controls Company Information Table 93. Johnson Controls Business Overview Table 94. Johnson Controls Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 95. Johnson Controls Heat Pumps Product Portfolio Table 96. Johnson Controls Recent Development Table 97. Calorex Company Information Table 98. Calorex Business Overview Table 99. Calorex Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 100. Calorex Heat Pumps Product Portfolio Table 101. Calorex Recent Development Table 102. Kensa Company Information Table 103. Kensa Business Overview Table 104. Kensa Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 105. Kensa Heat Pumps Product Portfolio Table 106. Kensa Recent Development Table 107. Maritime Geothermal Company Information Table 108. Maritime Geothermal Business Overview Table 109. Maritime Geothermal Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 110. Maritime Geothermal Heat Pumps Product Portfolio Table 111. Maritime Geothermal Recent Development Table 112. Thermia Company Information Table 113. Thermia Business Overview Table 114. Thermia Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 115. Thermia Heat Pumps Product Portfolio Table 116. Thermia Recent Development Table 117. ClimateMaster Company Information Table 118. ClimateMaster Business Overview Table 119. ClimateMaster Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 120. ClimateMaster Heat Pumps Product Portfolio Table 121. ClimateMaster Recent Development Table 122. Bryant Company Information Table 123. Bryant Business Overview Table 124. Bryant Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 125. Bryant Heat Pumps Product Portfolio Table 126. Bryant Recent Development Table 127. Midea Company Information Table 128. Midea Business Overview Table 129. Midea Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 130. Midea Heat Pumps Product Portfolio Table 131. Midea Recent Development Table 132. GREE Electric Company Information Table 133. GREE Electric Business Overview Table 134. GREE Electric Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 135. GREE Electric Heat Pumps Product Portfolio Table 136. GREE Electric Recent Development Table 137. Sirac Company Information Table 138. Sirac Business Overview Table 139. Sirac Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 140. Sirac Heat Pumps Product Portfolio Table 141. Sirac Recent Development Table 142. Anywhere Company Information Table 143. Anywhere Business Overview Table 144. Anywhere Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 145. Anywhere Heat Pumps Product Portfolio Table 146. Anywhere Recent Development Table 147. Fuerda Company Information Table 148. Fuerda Business Overview Table 149. Fuerda Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 150. Fuerda Heat Pumps Product Portfolio Table 151. Fuerda Recent Development Table 152. Tongyi Electrical Company Information Table 153. Tongyi Electrical Business Overview Table 154. Tongyi Electrical Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 155. Tongyi Electrical Heat Pumps Product Portfolio Table 156. Tongyi Electrical Recent Development Table 157. AMITIME Company Information Table 158. AMITIME Business Overview Table 159. AMITIME Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 160. AMITIME Heat Pumps Product Portfolio Table 161. AMITIME Recent Development Table 162. Zhengxu Company Information Table 163. Zhengxu Business Overview Table 164. Zhengxu Heat Pumps Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 165. Zhengxu Heat Pumps Product Portfolio Table 166. Zhengxu Recent Development Table 167. Global Heat Pumps Production Comparison by Region: 2021 VS 2025 VS 2032 (K Units) Table 168. Global Heat Pumps Production by Region (2021-2026) & (K Units) Table 169. Global Heat Pumps Production Market Share by Region (2021-2026) Table 170. Global Heat Pumps Production Forecast by Region (2027-2032) & (K Units) Table 171. Global Heat Pumps Production Market Share Forecast by Region (2027-2032) Table 172. Global Heat Pumps Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 173. Global Heat Pumps Production Value by Region (2021-2026) & (US$ Million) Table 174. Global Heat Pumps Production Value Market Share by Region (2021-2026) Table 175. Global Heat Pumps Production Value Forecast by Region (2027-2032) & (US$ Million) Table 176. Global Heat Pumps Market Average Price (USD/Unit) by Region (2021-2026) Table 177. Global Heat Pumps Market Average Price (USD/Unit) by Region (2027-2032) Table 178. Global Heat Pumps Consumption Comparison by Region: 2021 VS 2025 VS 2032 (K Units) Table 179. Global Heat Pumps Consumption by Region (2021-2026) & (K Units) Table 180. Global Heat Pumps Consumption Market Share by Region (2021-2026) Table 181. Global Heat Pumps Forecasted Consumption by Region (2027-2032) & (K Units) Table 182. Global Heat Pumps Forecasted Consumption Market Share by Region (2027-2032) Table 183. North America Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 184. North America Heat Pumps Consumption by Country (2021-2026) & (K Units) Table 185. North America Heat Pumps Consumption by Country (2027-2032) & (K Units) Table 186. Europe Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 187. Europe Heat Pumps Consumption by Country (2021-2026) & (K Units) Table 188. Europe Heat Pumps Consumption by Country (2027-2032) & (K Units) Table 189. Asia Pacific Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 190. Asia Pacific Heat Pumps Consumption by Country (2021-2026) & (K Units) Table 191. Asia Pacific Heat Pumps Consumption by Country (2027-2032) & (K Units) Table 192. South America, Middle East & Africa Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032 (K Units) Table 193. South America, Middle East & Africa Heat Pumps Consumption by Country (2021-2026) & (K Units) Table 194. South America, Middle East & Africa Heat Pumps Consumption by Country (2027-2032) & (K Units) Table 195. Global Heat Pumps Production by Type (2021-2026) & (K Units) Table 196. Global Heat Pumps Production by Type (2027-2032) & (K Units) Table 197. Global Heat Pumps Production Market Share by Type (2021-2026) Table 198. Global Heat Pumps Production Market Share by Type (2027-2032) Table 199. Global Heat Pumps Production Value by Type (2021-2026) & (US$ Million) Table 200. Global Heat Pumps Production Value by Type (2027-2032) & (US$ Million) Table 201. Global Heat Pumps Production Value Market Share by Type (2021-2026) Table 202. Global Heat Pumps Production Value Market Share by Type (2027-2032) Table 203. Global Heat Pumps Price by Type (2021-2026) & (USD/Unit) Table 204. Global Heat Pumps Price by Type (2027-2032) & (USD/Unit) Table 205. Global Heat Pumps Production by Application (2021-2026) & (K Units) Table 206. Global Heat Pumps Production by Application (2027-2032) & (K Units) Table 207. Global Heat Pumps Production Market Share by Application (2021-2026) Table 208. Global Heat Pumps Production Market Share by Application (2027-2032) Table 209. Global Heat Pumps Production Value by Application (2021-2026) & (US$ Million) Table 210. Global Heat Pumps Production Value by Application (2027-2032) & (US$ Million) Table 211. Global Heat Pumps Production Value Market Share by Application (2021-2026) Table 212. Global Heat Pumps Production Value Market Share by Application (2027-2032) Table 213. Global Heat Pumps Price by Application (2021-2026) & (USD/Unit) Table 214. Global Heat Pumps Price by Application (2027-2032) & (USD/Unit) Table 215. Key Raw Materials Table 216. Raw Materials Key Suppliers Table 217. Heat Pumps Distributors List Table 218. Heat Pumps Customers List Table 219. Heat Pumps Industry Trends Table 220. Heat Pumps Industry Drivers Table 221. Heat Pumps Industry Restraints Table 222. Authors List of This Report List of Figures Figure 1. Research Methodology Figure 2. Research Process Figure 3. Key Executives Interviewed Figure 4. Heat Pumps Product Image Figure 5. Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 6. Air to Water Monobloc Product Image Figure 7. Air to Water Cylinder Product Image Figure 8. Ground/Water to Water Product Image Figure 9. Air to Water Split Product Image Figure 10. Exhaust Air Product Image Figure 11. Residential Heat Pumps Product Image Figure 12. Industrial Heat Pumps Product Image Figure 13. Commercial Heat Pumps Product Image Figure 14. Global Heat Pumps Production Value (US$ Million), 2021 VS 2025 VS 2032 Figure 15. Global Heat Pumps Production Value (2021-2032) & (US$ Million) Figure 16. Global Heat Pumps Production Capacity (2021-2032) & (K Units) Figure 17. Global Heat Pumps Production (2021-2032) & (K Units) Figure 18. Global Heat Pumps Average Price (USD/Unit) & (2021-2032) Figure 19. Global Heat Pumps Key Manufacturers, Manufacturing Sites & Headquarters Figure 20. Global Top 5 and 10 Heat Pumps Players Market Share by Production Value in 2025 Figure 21. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 22. Global Heat Pumps Production Comparison by Region: 2021 VS 2025 VS 2032 (K Units) Figure 23. Global Heat Pumps Production Market Share by Region: 2021 VS 2025 VS 2032 Figure 24. Global Heat Pumps Production Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 25. Global Heat Pumps Production Value Market Share by Region: 2021 VS 2025 VS 2032 Figure 26. North America Heat Pumps Production Value (US$ Million) Growth Rate (2021-2032) Figure 27. Europe Heat Pumps Production Value (US$ Million) Growth Rate (2021-2032) Figure 28. China Heat Pumps Production Value (US$ Million) Growth Rate (2021-2032) Figure 29. Japan Heat Pumps Production Value (US$ Million) Growth Rate (2021-2032) Figure 30. Global Heat Pumps Consumption Comparison by Region: 2021 VS 2025 VS 2032 (K Units) Figure 31. Global Heat Pumps Consumption Market Share by Region: 2021 VS 2025 VS 2032 Figure 32. North America Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 33. North America Heat Pumps Consumption Market Share by Country (2021-2032) Figure 34. United States Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 35. United States Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 36. Canada Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 37. Mexico Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 38. Europe Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 39. Europe Heat Pumps Consumption Market Share by Country (2021-2032) Figure 40. Germany Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 41. France Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 42. U.K. Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 43. Italy Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 44. Russia Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 45. Spain Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 46. Netherlands Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 47. Switzerland Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 48. Sweden Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 49. Poland Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 50. Asia Pacific Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 51. Asia Pacific Heat Pumps Consumption Market Share by Country (2021-2032) Figure 52. China Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 53. Japan Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 54. South Korea Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 55. India Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 56. Australia Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 57. Taiwan Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 58. Southeast Asia Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 59. South America, Middle East & Africa Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 60. South America, Middle East & Africa Heat Pumps Consumption Market Share by Country (2021-2032) Figure 61. Brazil Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 62. Argentina Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 63. Chile Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 64. Turkey Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 65. GCC Countries Heat Pumps Consumption and Growth Rate (2021-2032) & (K Units) Figure 66. Global Heat Pumps Production Market Share by Type (2021-2032) Figure 67. Global Heat Pumps Production Value Market Share by Type (2021-2032) Figure 68. Global Heat Pumps Price (USD/Unit) by Type (2021-2032) Figure 69. Global Heat Pumps Production Market Share by Application (2021-2032) Figure 70. Global Heat Pumps Production Value Market Share by Application (2021-2032) Figure 71. Global Heat Pumps Price (USD/Unit) by Application (2021-2032) Figure 72. Heat Pumps Value Chain Figure 73. Heat Pumps Production Mode & Process Figure 74. Direct Comparison with Distribution Share Figure 75. Distributors Profiles Figure 76. Heat Pumps Industry Opportunities and Challenges

Scope & coverage.

Types
  • Air to Water Monobloc
  • Air to Water Cylinder
  • Ground/Water to Water
  • Air to Water Split
  • Exhaust Air
Applications
  • Residential Heat Pumps
  • Industrial Heat Pumps
  • Commercial Heat Pumps
Companies covered
  • Daikin
  • Mitsubishi
  • Atlantic
  • NIBE Industrier
  • Hitachi
  • Bosch
  • Panasonic
  • Aermec
  • STIEBEL ELTRON
  • CIAT
  • Fujitsu
  • Vaillant
  • Danfoss Group
  • Carrier
  • Rheem
  • Johnson Controls
  • Calorex
  • Kensa
  • Maritime Geothermal
  • Thermia
  • ClimateMaster
  • Bryant
  • Midea
  • GREE Electric
  • Sirac
  • Anywhere
  • Fuerda
  • Tongyi Electrical
  • AMITIME
  • Zhengxu

Inside the report.

1 Preface
  1. 1.1 Scope of Report
  2. 1.2 Reasons for Doing This Study
  3. 1.3 Research Methodology
  4. 1.4 Research Process
  5. 1.5 Data Source
  6. 1.5.1 Secondary Sources
  7. 1.5.2 Primary Sources
2 Market Overview
  1. 2.1 Product Definition
  2. 2.2 Heat Pumps by Type
  3. 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
  4. 2.2.2 Air to Water Monobloc
  5. 2.2.3 Air to Water Cylinder
  6. 2.2.4 Ground/Water to Water
  7. 2.2.5 Air to Water Split
  8. 2.2.6 Exhaust Air
  9. 2.3 Heat Pumps by Application
  10. 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
  11. 2.3.2 Residential Heat Pumps
  12. 2.3.3 Industrial Heat Pumps
  13. 2.3.4 Commercial Heat Pumps
  14. 2.4 Global Market Growth Prospects
  15. 2.4.1 Global Heat Pumps Production Value Estimates and Forecasts (2021-2032)
  16. 2.4.2 Global Heat Pumps Production Capacity Estimates and Forecasts (2021-2032)
  17. 2.4.3 Global Heat Pumps Production Estimates and Forecasts (2021-2032)
  18. 2.4.4 Global Heat Pumps Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
  1. 3.1 Global Heat Pumps Production by Manufacturers (2021-2026)
  2. 3.2 Global Heat Pumps Production Value by Manufacturers (2021-2026)
  3. 3.3 Global Heat Pumps Average Price by Manufacturers (2021-2026)
  4. 3.4 Global Heat Pumps Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Heat Pumps Key Manufacturers, Manufacturing Sites & Headquarters
  6. 3.6 Global Heat Pumps Manufacturers, Product Type & Application
  7. 3.7 Global Heat Pumps Manufacturers Established Date
  8. 3.8 Global Heat Pumps Market CR5 and HHI
  9. 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
  1. 4.1 Daikin
  2. 4.1.1 Daikin Heat Pumps Company Information
  3. 4.1.2 Daikin Heat Pumps Business Overview
  4. 4.1.3 Daikin Heat Pumps Production, Value and Gross Margin (2021-2026)
  5. 4.1.4 Daikin Product Portfolio
  6. 4.1.5 Daikin Recent Developments
  7. 4.2 Mitsubishi
  8. 4.2.1 Mitsubishi Heat Pumps Company Information
  9. 4.2.2 Mitsubishi Heat Pumps Business Overview
  10. 4.2.3 Mitsubishi Heat Pumps Production, Value and Gross Margin (2021-2026)
  11. 4.2.4 Mitsubishi Product Portfolio
  12. 4.2.5 Mitsubishi Recent Developments
  13. 4.3 Atlantic
  14. 4.3.1 Atlantic Heat Pumps Company Information
  15. 4.3.2 Atlantic Heat Pumps Business Overview
  16. 4.3.3 Atlantic Heat Pumps Production, Value and Gross Margin (2021-2026)
  17. 4.3.4 Atlantic Product Portfolio
  18. 4.3.5 Atlantic Recent Developments
  19. 4.4 NIBE Industrier
  20. 4.4.1 NIBE Industrier Heat Pumps Company Information
  21. 4.4.2 NIBE Industrier Heat Pumps Business Overview
  22. 4.4.3 NIBE Industrier Heat Pumps Production, Value and Gross Margin (2021-2026)
  23. 4.4.4 NIBE Industrier Product Portfolio
  24. 4.4.5 NIBE Industrier Recent Developments
  25. 4.5 Hitachi
  26. 4.5.1 Hitachi Heat Pumps Company Information
  27. 4.5.2 Hitachi Heat Pumps Business Overview
  28. 4.5.3 Hitachi Heat Pumps Production, Value and Gross Margin (2021-2026)
  29. 4.5.4 Hitachi Product Portfolio
  30. 4.5.5 Hitachi Recent Developments
  31. 4.6 Bosch
  32. 4.6.1 Bosch Heat Pumps Company Information
  33. 4.6.2 Bosch Heat Pumps Business Overview
  34. 4.6.3 Bosch Heat Pumps Production, Value and Gross Margin (2021-2026)
  35. 4.6.4 Bosch Product Portfolio
  36. 4.6.5 Bosch Recent Developments
  37. 4.7 Panasonic
  38. 4.7.1 Panasonic Heat Pumps Company Information
  39. 4.7.2 Panasonic Heat Pumps Business Overview
  40. 4.7.3 Panasonic Heat Pumps Production, Value and Gross Margin (2021-2026)
  41. 4.7.4 Panasonic Product Portfolio
  42. 4.7.5 Panasonic Recent Developments
  43. 4.8 Aermec
  44. 4.8.1 Aermec Heat Pumps Company Information
  45. 4.8.2 Aermec Heat Pumps Business Overview
  46. 4.8.3 Aermec Heat Pumps Production, Value and Gross Margin (2021-2026)
  47. 4.8.4 Aermec Product Portfolio
  48. 4.8.5 Aermec Recent Developments
  49. 4.9 STIEBEL ELTRON
  50. 4.9.1 STIEBEL ELTRON Heat Pumps Company Information
  51. 4.9.2 STIEBEL ELTRON Heat Pumps Business Overview
  52. 4.9.3 STIEBEL ELTRON Heat Pumps Production, Value and Gross Margin (2021-2026)
  53. 4.9.4 STIEBEL ELTRON Product Portfolio
  54. 4.9.5 STIEBEL ELTRON Recent Developments
  55. 4.10 CIAT
  56. 4.10.1 CIAT Heat Pumps Company Information
  57. 4.10.2 CIAT Heat Pumps Business Overview
  58. 4.10.3 CIAT Heat Pumps Production, Value and Gross Margin (2021-2026)
  59. 4.10.4 CIAT Product Portfolio
  60. 4.10.5 CIAT Recent Developments
  61. 4.11 Fujitsu
  62. 4.11.1 Fujitsu Heat Pumps Company Information
  63. 4.11.2 Fujitsu Heat Pumps Business Overview
  64. 4.11.3 Fujitsu Heat Pumps Production, Value and Gross Margin (2021-2026)
  65. 4.11.4 Fujitsu Product Portfolio
  66. 4.11.5 Fujitsu Recent Developments
  67. 4.12 Vaillant
  68. 4.12.1 Vaillant Heat Pumps Company Information
  69. 4.12.2 Vaillant Heat Pumps Business Overview
  70. 4.12.3 Vaillant Heat Pumps Production, Value and Gross Margin (2021-2026)
  71. 4.12.4 Vaillant Product Portfolio
  72. 4.12.5 Vaillant Recent Developments
  73. 4.13 Danfoss Group
  74. 4.13.1 Danfoss Group Heat Pumps Company Information
  75. 4.13.2 Danfoss Group Heat Pumps Business Overview
  76. 4.13.3 Danfoss Group Heat Pumps Production, Value and Gross Margin (2021-2026)
  77. 4.13.4 Danfoss Group Product Portfolio
  78. 4.13.5 Danfoss Group Recent Developments
  79. 4.14 Carrier
  80. 4.14.1 Carrier Heat Pumps Company Information
  81. 4.14.2 Carrier Heat Pumps Business Overview
  82. 4.14.3 Carrier Heat Pumps Production, Value and Gross Margin (2021-2026)
  83. 4.14.4 Carrier Product Portfolio
  84. 4.14.5 Carrier Recent Developments
  85. 4.15 Rheem
  86. 4.15.1 Rheem Heat Pumps Company Information
  87. 4.15.2 Rheem Heat Pumps Business Overview
  88. 4.15.3 Rheem Heat Pumps Production, Value and Gross Margin (2021-2026)
  89. 4.15.4 Rheem Product Portfolio
  90. 4.15.5 Rheem Recent Developments
  91. 4.16 Johnson Controls
  92. 4.16.1 Johnson Controls Heat Pumps Company Information
  93. 4.16.2 Johnson Controls Heat Pumps Business Overview
  94. 4.16.3 Johnson Controls Heat Pumps Production, Value and Gross Margin (2021-2026)
  95. 4.16.4 Johnson Controls Product Portfolio
  96. 4.16.5 Johnson Controls Recent Developments
  97. 4.17 Calorex
  98. 4.17.1 Calorex Heat Pumps Company Information
  99. 4.17.2 Calorex Heat Pumps Business Overview
  100. 4.17.3 Calorex Heat Pumps Production, Value and Gross Margin (2021-2026)
  101. 4.17.4 Calorex Product Portfolio
  102. 4.17.5 Calorex Recent Developments
  103. 4.18 Kensa
  104. 4.18.1 Kensa Heat Pumps Company Information
  105. 4.18.2 Kensa Heat Pumps Business Overview
  106. 4.18.3 Kensa Heat Pumps Production, Value and Gross Margin (2021-2026)
  107. 4.18.4 Kensa Product Portfolio
  108. 4.18.5 Kensa Recent Developments
  109. 4.19 Maritime Geothermal
  110. 4.19.1 Maritime Geothermal Heat Pumps Company Information
  111. 4.19.2 Maritime Geothermal Heat Pumps Business Overview
  112. 4.19.3 Maritime Geothermal Heat Pumps Production, Value and Gross Margin (2021-2026)
  113. 4.19.4 Maritime Geothermal Product Portfolio
  114. 4.19.5 Maritime Geothermal Recent Developments
  115. 4.20 Thermia
  116. 4.20.1 Thermia Heat Pumps Company Information
  117. 4.20.2 Thermia Heat Pumps Business Overview
  118. 4.20.3 Thermia Heat Pumps Production, Value and Gross Margin (2021-2026)
  119. 4.20.4 Thermia Product Portfolio
  120. 4.20.5 Thermia Recent Developments
  121. 4.21 ClimateMaster
  122. 4.21.1 ClimateMaster Heat Pumps Company Information
  123. 4.21.2 ClimateMaster Heat Pumps Business Overview
  124. 4.21.3 ClimateMaster Heat Pumps Production, Value and Gross Margin (2021-2026)
  125. 4.21.4 ClimateMaster Product Portfolio
  126. 4.21.5 ClimateMaster Recent Developments
  127. 4.22 Bryant
  128. 4.22.1 Bryant Heat Pumps Company Information
  129. 4.22.2 Bryant Heat Pumps Business Overview
  130. 4.22.3 Bryant Heat Pumps Production, Value and Gross Margin (2021-2026)
  131. 4.22.4 Bryant Product Portfolio
  132. 4.22.5 Bryant Recent Developments
  133. 4.23 Midea
  134. 4.23.1 Midea Heat Pumps Company Information
  135. 4.23.2 Midea Heat Pumps Business Overview
  136. 4.23.3 Midea Heat Pumps Production, Value and Gross Margin (2021-2026)
  137. 4.23.4 Midea Product Portfolio
  138. 4.23.5 Midea Recent Developments
  139. 4.24 GREE Electric
  140. 4.24.1 GREE Electric Heat Pumps Company Information
  141. 4.24.2 GREE Electric Heat Pumps Business Overview
  142. 4.24.3 GREE Electric Heat Pumps Production, Value and Gross Margin (2021-2026)
  143. 4.24.4 GREE Electric Product Portfolio
  144. 4.24.5 GREE Electric Recent Developments
  145. 4.25 Sirac
  146. 4.25.1 Sirac Heat Pumps Company Information
  147. 4.25.2 Sirac Heat Pumps Business Overview
  148. 4.25.3 Sirac Heat Pumps Production, Value and Gross Margin (2021-2026)
  149. 4.25.4 Sirac Product Portfolio
  150. 4.25.5 Sirac Recent Developments
  151. 4.26 Anywhere
  152. 4.26.1 Anywhere Heat Pumps Company Information
  153. 4.26.2 Anywhere Heat Pumps Business Overview
  154. 4.26.3 Anywhere Heat Pumps Production, Value and Gross Margin (2021-2026)
  155. 4.26.4 Anywhere Product Portfolio
  156. 4.26.5 Anywhere Recent Developments
  157. 4.27 Fuerda
  158. 4.27.1 Fuerda Heat Pumps Company Information
  159. 4.27.2 Fuerda Heat Pumps Business Overview
  160. 4.27.3 Fuerda Heat Pumps Production, Value and Gross Margin (2021-2026)
  161. 4.27.4 Fuerda Product Portfolio
  162. 4.27.5 Fuerda Recent Developments
  163. 4.28 Tongyi Electrical
  164. 4.28.1 Tongyi Electrical Heat Pumps Company Information
  165. 4.28.2 Tongyi Electrical Heat Pumps Business Overview
  166. 4.28.3 Tongyi Electrical Heat Pumps Production, Value and Gross Margin (2021-2026)
  167. 4.28.4 Tongyi Electrical Product Portfolio
  168. 4.28.5 Tongyi Electrical Recent Developments
  169. 4.29 AMITIME
  170. 4.29.1 AMITIME Heat Pumps Company Information
  171. 4.29.2 AMITIME Heat Pumps Business Overview
  172. 4.29.3 AMITIME Heat Pumps Production, Value and Gross Margin (2021-2026)
  173. 4.29.4 AMITIME Product Portfolio
  174. 4.29.5 AMITIME Recent Developments
  175. 7.30 Zhengxu
  176. 4.30.1 Zhengxu Heat Pumps Company Information
  177. 4.30.2 Zhengxu Heat Pumps Business Overview
  178. 4.30.3 Zhengxu Heat Pumps Production, Value and Gross Margin (2021-2026)
  179. 4.30.4 Zhengxu Product Portfolio
  180. 4.30.5 Zhengxu Recent Developments
5 Global Heat Pumps Production by Region
  1. 5.1 Global Heat Pumps Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  2. 5.2 Global Heat Pumps Production by Region: 2021-2032
  3. 5.2.1 Global Heat Pumps Production by Region: 2021-2026
  4. 5.2.2 Global Heat Pumps Production Forecast by Region (2027-2032)
  5. 5.3 Global Heat Pumps Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  6. 5.4 Global Heat Pumps Production Value by Region: 2021-2032
  7. 5.4.1 Global Heat Pumps Production Value by Region: 2021-2026
  8. 5.4.2 Global Heat Pumps Production Value Forecast by Region (2027-2032)
  9. 5.5 Global Heat Pumps Market Price Analysis by Region (2021-2026)
  10. 5.6 Global Heat Pumps Production and Value, YOY Growth
  11. 5.6.1 North America Heat Pumps Production Value Estimates and Forecasts (2021-2032)
  12. 5.6.2 Europe Heat Pumps Production Value Estimates and Forecasts (2021-2032)
  13. 5.6.3 China Heat Pumps Production Value Estimates and Forecasts (2021-2032)
  14. 5.6.4 Japan Heat Pumps Production Value Estimates and Forecasts (2021-2032)
6 Global Heat Pumps Consumption by Region
  1. 6.1 Global Heat Pumps Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Heat Pumps Consumption by Region (2021-2032)
  3. 6.2.1 Global Heat Pumps Consumption by Region: 2021-2026
  4. 6.2.2 Global Heat Pumps Forecasted Consumption by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  7. 6.3.2 North America Heat Pumps Consumption by Country (2021-2032)
  8. 6.3.3 United States
  9. 6.3.4 Canada
  10. 6.3.5 Mexico
  11. 6.4 Europe
  12. 6.4.1 Europe Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  13. 6.4.2 Europe Heat Pumps Consumption by Country (2021-2032)
  14. 6.4.3 Germany
  15. 6.4.4 France
  16. 6.4.5 U.K.
  17. 6.4.6 Italy
  18. 6.4.7 Russia
  19. 6.4.8 Spain
  20. 6.4.9 Netherlands
  21. 6.4.10 Switzerland
  22. 6.4.11 Sweden
  23. 6.4.12 Poland
  24. 6.5 Asia Pacific
  25. 6.5.1 Asia Pacific Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  26. 6.5.2 Asia Pacific Heat Pumps Consumption by Country (2021-2032)
  27. 6.5.3 China
  28. 6.5.4 Japan
  29. 6.5.5 South Korea
  30. 6.5.6 India
  31. 6.5.7 Australia
  32. 6.5.8 Taiwan
  33. 6.5.9 Southeast Asia
  34. 6.6 South America, Middle East & Africa
  35. 6.6.1 South America, Middle East & Africa Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
  36. 6.6.2 South America, Middle East & Africa Heat Pumps Consumption by Country (2021-2032)
  37. 6.6.3 Brazil
  38. 6.6.4 Argentina
  39. 6.6.5 Chile
  40. 6.6.6 Turkey
  41. 6.6.7 GCC Countries
7 Segment by Type
  1. 7.1 Global Heat Pumps Production by Type (2021-2032)
  2. 7.1.1 Global Heat Pumps Production by Type (2021-2032) & (K Units)
  3. 7.1.2 Global Heat Pumps Production Market Share by Type (2021-2032)
  4. 7.2 Global Heat Pumps Production Value by Type (2021-2032)
  5. 7.2.1 Global Heat Pumps Production Value by Type (2021-2032) & (US$ Million)
  6. 7.2.2 Global Heat Pumps Production Value Market Share by Type (2021-2032)
  7. 7.3 Global Heat Pumps Price by Type (2021-2032)
8 Segment by Application
  1. 8.1 Global Heat Pumps Production by Application (2021-2032)
  2. 8.1.1 Global Heat Pumps Production by Application (2021-2032) & (K Units)
  3. 8.1.2 Global Heat Pumps Production Market Share by Application (2021-2032)
  4. 8.2 Global Heat Pumps Production Value by Application (2021-2032)
  5. 8.2.1 Global Heat Pumps Production Value by Application (2021-2032) & (US$ Million)
  6. 8.2.2 Global Heat Pumps Production Value Market Share by Application (2021-2032)
  7. 8.3 Global Heat Pumps Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
  1. 9.1 Heat Pumps Value Chain Analysis
  2. 9.1.1 Heat Pumps Key Raw Materials
  3. 9.1.2 Raw Materials Key Suppliers
  4. 9.1.3 Heat Pumps Production Mode & Process
  5. 9.2 Heat Pumps Sales Channels Analysis
  6. 9.2.1 Direct Comparison with Distribution Share
  7. 9.2.2 Heat Pumps Distributors
  8. 9.2.3 Heat Pumps Customers
10 Global Heat Pumps Analyzing Market Dynamics
  1. 10.1 Heat Pumps Industry Trends
  2. 10.2 Heat Pumps Industry Drivers
  3. 10.3 Heat Pumps Industry Opportunities and Challenges
  4. 10.4 Heat Pumps Industry Restraints
11 Report Conclusion
    12 Disclaimer

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