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Industry Research
Industrial Heat Pumps Industry Research Report 2026
Market perspective
The global Industrial Heat Pumps market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Industrial Heat Pumps is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Industrial Heat Pumps is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Industrial Heat Pumps is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Industrial Heat Pumps include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Industrial Heat Pumps market in revenue (US$ million) and, where applicable, sales volume (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$/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 Industrial 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.
Industrial Heat Pumps Market by Company
KOBELCO
Oilon
GEA Refrigeration
Emerson Electric
Johnson Controls
Mayekawa
Star Refrigeration
OCHSNER
ENGIE Refrigeration
Friotherm
Combitherm
Frigopol
PHNIX Technology
NKXTA
Moon Environment Technology
Zhengxu New Energy Equipment Technology
Lingye Energy Saving Technology
Keling Energy Saving
Industrial Heat Pumps Segment by Type
70°C below
70°C - 90°C
90°C - 120°C
120°C above
Industrial Heat Pumps Segment by Application
Chemical
Food & Beverage
Paper & Plup
Oil Refining
Metal Industry
Machinery Manufacturing
Electronics
Others
Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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 Industrial 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
Scope & coverage.
Types
- 70°C below
- 70°C - 90°C
- 90°C - 120°C
- 120°C above
Applications
- Chemical
- Food & Beverage
- Paper & Plup
- Oil Refining
- Metal Industry
- Machinery Manufacturing
- Electronics
- Others
Companies covered
- KOBELCO
- Oilon
- GEA Refrigeration
- Emerson Electric
- Johnson Controls
- Mayekawa
- Star Refrigeration
- OCHSNER
- ENGIE Refrigeration
- Friotherm
- Combitherm
- Frigopol
- PHNIX Technology
- NKXTA
- Moon Environment Technology
- Zhengxu New Energy Equipment Technology
- Lingye Energy Saving Technology
- Keling Energy Saving
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Industrial Heat Pumps by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 70°C below
- 2.2.3 70°C - 90°C
- 2.2.4 90°C - 120°C
- 2.2.5 120°C above
- 2.3 Industrial Heat Pumps by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Chemical
- 2.3.3 Food & Beverage
- 2.3.4 Paper & Plup
- 2.3.5 Oil Refining
- 2.3.6 Metal Industry
- 2.3.7 Machinery Manufacturing
- 2.3.8 Electronics
- 2.3.9 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Industrial Heat Pumps Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Industrial Heat Pumps Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Industrial Heat Pumps Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Industrial Heat Pumps Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Industrial Heat Pumps Production by Manufacturers (2021-2026)
- 3.2 Global Industrial Heat Pumps Production Value by Manufacturers (2021-2026)
- 3.3 Global Industrial Heat Pumps Average Price by Manufacturers (2021-2026)
- 3.4 Global Industrial Heat Pumps Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Industrial Heat Pumps Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Industrial Heat Pumps Manufacturers, Product Type & Application
- 3.7 Global Industrial Heat Pumps Manufacturers Established Date
- 3.8 Global Industrial Heat Pumps Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 KOBELCO
- 4.1.1 KOBELCO Industrial Heat Pumps Company Information
- 4.1.2 KOBELCO Industrial Heat Pumps Business Overview
- 4.1.3 KOBELCO Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.1.4 KOBELCO Product Portfolio
- 4.1.5 KOBELCO Recent Developments
- 4.2 Oilon
- 4.2.1 Oilon Industrial Heat Pumps Company Information
- 4.2.2 Oilon Industrial Heat Pumps Business Overview
- 4.2.3 Oilon Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.2.4 Oilon Product Portfolio
- 4.2.5 Oilon Recent Developments
- 4.3 GEA Refrigeration
- 4.3.1 GEA Refrigeration Industrial Heat Pumps Company Information
- 4.3.2 GEA Refrigeration Industrial Heat Pumps Business Overview
- 4.3.3 GEA Refrigeration Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.3.4 GEA Refrigeration Product Portfolio
- 4.3.5 GEA Refrigeration Recent Developments
- 4.4 Emerson Electric
- 4.4.1 Emerson Electric Industrial Heat Pumps Company Information
- 4.4.2 Emerson Electric Industrial Heat Pumps Business Overview
- 4.4.3 Emerson Electric Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.4.4 Emerson Electric Product Portfolio
- 4.4.5 Emerson Electric Recent Developments
- 4.5 Johnson Controls
- 4.5.1 Johnson Controls Industrial Heat Pumps Company Information
- 4.5.2 Johnson Controls Industrial Heat Pumps Business Overview
- 4.5.3 Johnson Controls Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.5.4 Johnson Controls Product Portfolio
- 4.5.5 Johnson Controls Recent Developments
- 4.6 Mayekawa
- 4.6.1 Mayekawa Industrial Heat Pumps Company Information
- 4.6.2 Mayekawa Industrial Heat Pumps Business Overview
- 4.6.3 Mayekawa Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.6.4 Mayekawa Product Portfolio
- 4.6.5 Mayekawa Recent Developments
- 4.7 Star Refrigeration
- 4.7.1 Star Refrigeration Industrial Heat Pumps Company Information
- 4.7.2 Star Refrigeration Industrial Heat Pumps Business Overview
- 4.7.3 Star Refrigeration Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.7.4 Star Refrigeration Product Portfolio
- 4.7.5 Star Refrigeration Recent Developments
- 4.8 OCHSNER
- 4.8.1 OCHSNER Industrial Heat Pumps Company Information
- 4.8.2 OCHSNER Industrial Heat Pumps Business Overview
- 4.8.3 OCHSNER Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.8.4 OCHSNER Product Portfolio
- 4.8.5 OCHSNER Recent Developments
- 4.9 ENGIE Refrigeration
- 4.9.1 ENGIE Refrigeration Industrial Heat Pumps Company Information
- 4.9.2 ENGIE Refrigeration Industrial Heat Pumps Business Overview
- 4.9.3 ENGIE Refrigeration Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.9.4 ENGIE Refrigeration Product Portfolio
- 4.9.5 ENGIE Refrigeration Recent Developments
- 4.10 Friotherm
- 4.10.1 Friotherm Industrial Heat Pumps Company Information
- 4.10.2 Friotherm Industrial Heat Pumps Business Overview
- 4.10.3 Friotherm Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.10.4 Friotherm Product Portfolio
- 4.10.5 Friotherm Recent Developments
- 4.11 Combitherm
- 4.11.1 Combitherm Industrial Heat Pumps Company Information
- 4.11.2 Combitherm Industrial Heat Pumps Business Overview
- 4.11.3 Combitherm Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.11.4 Combitherm Product Portfolio
- 4.11.5 Combitherm Recent Developments
- 4.12 Frigopol
- 4.12.1 Frigopol Industrial Heat Pumps Company Information
- 4.12.2 Frigopol Industrial Heat Pumps Business Overview
- 4.12.3 Frigopol Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.12.4 Frigopol Product Portfolio
- 4.12.5 Frigopol Recent Developments
- 4.13 PHNIX Technology
- 4.13.1 PHNIX Technology Industrial Heat Pumps Company Information
- 4.13.2 PHNIX Technology Industrial Heat Pumps Business Overview
- 4.13.3 PHNIX Technology Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.13.4 PHNIX Technology Product Portfolio
- 4.13.5 PHNIX Technology Recent Developments
- 4.14 NKXTA
- 4.14.1 NKXTA Industrial Heat Pumps Company Information
- 4.14.2 NKXTA Industrial Heat Pumps Business Overview
- 4.14.3 NKXTA Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.14.4 NKXTA Product Portfolio
- 4.14.5 NKXTA Recent Developments
- 4.15 Moon Environment Technology
- 4.15.1 Moon Environment Technology Industrial Heat Pumps Company Information
- 4.15.2 Moon Environment Technology Industrial Heat Pumps Business Overview
- 4.15.3 Moon Environment Technology Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.15.4 Moon Environment Technology Product Portfolio
- 4.15.5 Moon Environment Technology Recent Developments
- 4.16 Zhengxu New Energy Equipment Technology
- 4.16.1 Zhengxu New Energy Equipment Technology Industrial Heat Pumps Company Information
- 4.16.2 Zhengxu New Energy Equipment Technology Industrial Heat Pumps Business Overview
- 4.16.3 Zhengxu New Energy Equipment Technology Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.16.4 Zhengxu New Energy Equipment Technology Product Portfolio
- 4.16.5 Zhengxu New Energy Equipment Technology Recent Developments
- 4.17 Lingye Energy Saving Technology
- 4.17.1 Lingye Energy Saving Technology Industrial Heat Pumps Company Information
- 4.17.2 Lingye Energy Saving Technology Industrial Heat Pumps Business Overview
- 4.17.3 Lingye Energy Saving Technology Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.17.4 Lingye Energy Saving Technology Product Portfolio
- 4.17.5 Lingye Energy Saving Technology Recent Developments
- 4.18 Keling Energy Saving
- 4.18.1 Keling Energy Saving Industrial Heat Pumps Company Information
- 4.18.2 Keling Energy Saving Industrial Heat Pumps Business Overview
- 4.18.3 Keling Energy Saving Industrial Heat Pumps Production, Value and Gross Margin (2021-2026)
- 4.18.4 Keling Energy Saving Product Portfolio
- 4.18.5 Keling Energy Saving Recent Developments
5 Global Industrial Heat Pumps Production by Region
- 5.1 Global Industrial Heat Pumps Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Industrial Heat Pumps Production by Region: 2021-2032
- 5.2.1 Global Industrial Heat Pumps Production by Region: 2021-2026
- 5.2.2 Global Industrial Heat Pumps Production Forecast by Region (2027-2032)
- 5.3 Global Industrial Heat Pumps Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Industrial Heat Pumps Production Value by Region: 2021-2032
- 5.4.1 Global Industrial Heat Pumps Production Value by Region: 2021-2026
- 5.4.2 Global Industrial Heat Pumps Production Value Forecast by Region (2027-2032)
- 5.5 Global Industrial Heat Pumps Market Price Analysis by Region (2021-2026)
- 5.6 Global Industrial Heat Pumps Production and Value, YOY Growth
- 5.6.1 North America Industrial Heat Pumps Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Industrial Heat Pumps Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Industrial Heat Pumps Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Industrial Heat Pumps Production Value Estimates and Forecasts (2021-2032)
6 Global Industrial Heat Pumps Consumption by Region
- 6.1 Global Industrial Heat Pumps Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Industrial Heat Pumps Consumption by Region (2021-2032)
- 6.2.1 Global Industrial Heat Pumps Consumption by Region: 2021-2026
- 6.2.2 Global Industrial Heat Pumps Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Industrial Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Industrial Heat Pumps Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Industrial Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Industrial Heat Pumps Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Industrial Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Industrial Heat Pumps Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Industrial Heat Pumps Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Industrial Heat Pumps Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Industrial Heat Pumps Production by Type (2021-2032)
- 7.1.1 Global Industrial Heat Pumps Production by Type (2021-2032) & (Units)
- 7.1.2 Global Industrial Heat Pumps Production Market Share by Type (2021-2032)
- 7.2 Global Industrial Heat Pumps Production Value by Type (2021-2032)
- 7.2.1 Global Industrial Heat Pumps Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Industrial Heat Pumps Production Value Market Share by Type (2021-2032)
- 7.3 Global Industrial Heat Pumps Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Industrial Heat Pumps Production by Application (2021-2032)
- 8.1.1 Global Industrial Heat Pumps Production by Application (2021-2032) & (Units)
- 8.1.2 Global Industrial Heat Pumps Production Market Share by Application (2021-2032)
- 8.2 Global Industrial Heat Pumps Production Value by Application (2021-2032)
- 8.2.1 Global Industrial Heat Pumps Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Industrial Heat Pumps Production Value Market Share by Application (2021-2032)
- 8.3 Global Industrial Heat Pumps Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Industrial Heat Pumps Value Chain Analysis
- 9.1.1 Industrial Heat Pumps Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Industrial Heat Pumps Production Mode & Process
- 9.2 Industrial Heat Pumps Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Industrial Heat Pumps Distributors
- 9.2.3 Industrial Heat Pumps Customers
10 Global Industrial Heat Pumps Analyzing Market Dynamics
- 10.1 Industrial Heat Pumps Industry Trends
- 10.2 Industrial Heat Pumps Industry Drivers
- 10.3 Industrial Heat Pumps Industry Opportunities and Challenges
- 10.4 Industrial Heat Pumps Industry Restraints
11 Report Conclusion
12 Disclaimer
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