Selected research
Industry Growth & Trends
Global Industrial Heat Pumps Industry Growth and Trends Forecast to 2032
Market perspective
The global Industrial Heat Pumps market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Industrial Heat Pumps is projected 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 increase 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 projected to increase 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 KOBELCO, Oilon, GEA Refrigeration, Emerson Electric, Johnson Controls, Mayekawa, Star Refrigeration, OCHSNER and ENGIE Refrigeration, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Industrial Heat Pumps market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Industrial Heat Pumps market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Industrial Heat Pumps market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Industrial Heat Pumps.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Industrial Heat Pumps market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Industrial Heat Pumps manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Industrial Heat Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Industrial Heat Pumps Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Industrial Heat Pumps Sales Estimates and Forecasts (2021-2032)
- 1.3 Industrial Heat Pumps Market by Type
- 1.3.1 70°C below
- 1.3.2 70°C - 90°C
- 1.3.3 90°C - 120°C
- 1.3.4 120°C above
- 1.4 Global Industrial Heat Pumps Market Size by Type
- 1.4.1 Global Industrial Heat Pumps Market Size Overview by Type (2021-2032)
- 1.4.2 Global Industrial Heat Pumps Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Industrial Heat Pumps Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Industrial Heat Pumps Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Industrial Heat Pumps Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Industrial Heat Pumps Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Industrial Heat Pumps Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Industrial Heat Pumps Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Industrial Heat Pumps Industry Trends
- 2.2 Industrial Heat Pumps Industry Drivers
- 2.3 Industrial Heat Pumps Industry Opportunities and Challenges
- 2.4 Industrial Heat Pumps Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Industrial Heat Pumps Revenue (2021-2026)
- 3.2 Global Top Players by Industrial Heat Pumps Sales (2021-2026)
- 3.3 Global Top Players by Industrial Heat Pumps Price (2021-2026)
- 3.4 Global Industrial Heat Pumps Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Industrial Heat Pumps Major Company Production Sites & Headquarters
- 3.6 Global Industrial Heat Pumps Company, Product Type & Application
- 3.7 Global Industrial Heat Pumps Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Industrial Heat Pumps Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Industrial Heat Pumps Players Market Share by Revenue in 2025
- 3.8.3 2025 Industrial Heat Pumps Tier 1, Tier 2, and Tier 3
4 Industrial Heat Pumps Regional Status and Outlook
- 4.1 Global Industrial Heat Pumps Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Industrial Heat Pumps Historic Market Size by Region
- 4.2.1 Global Industrial Heat Pumps Sales in Volume by Region (2021-2026)
- 4.2.2 Global Industrial Heat Pumps Sales in Value by Region (2021-2026)
- 4.2.3 Global Industrial Heat Pumps Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Industrial Heat Pumps Forecasted Market Size by Region
- 4.3.1 Global Industrial Heat Pumps Sales in Volume by Region (2027-2032)
- 4.3.2 Global Industrial Heat Pumps Sales in Value by Region (2027-2032)
- 4.3.3 Global Industrial Heat Pumps Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Industrial Heat Pumps by Application
- 5.1 Industrial Heat Pumps Market by Application
- 5.1.1 Chemical
- 5.1.2 Food & Beverage
- 5.1.3 Paper & Plup
- 5.1.4 Oil Refining
- 5.1.5 Metal Industry
- 5.1.6 Machinery Manufacturing
- 5.1.7 Electronics
- 5.1.8 Others
- 5.2 Global Industrial Heat Pumps Market Size by Application
- 5.2.1 Global Industrial Heat Pumps Market Size Overview by Application (2021-2032)
- 5.2.2 Global Industrial Heat Pumps Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Industrial Heat Pumps Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Industrial Heat Pumps Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Industrial Heat Pumps Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Industrial Heat Pumps Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Industrial Heat Pumps Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Industrial Heat Pumps Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 KOBELCO
- 6.1.1 KOBELCO Company Information
- 6.1.2 KOBELCO Business Overview
- 6.1.3 KOBELCO Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 KOBELCO Industrial Heat Pumps Product Portfolio
- 6.1.5 KOBELCO Recent Developments
- 6.2 Oilon
- 6.2.1 Oilon Company Information
- 6.2.2 Oilon Business Overview
- 6.2.3 Oilon Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Oilon Industrial Heat Pumps Product Portfolio
- 6.2.5 Oilon Recent Developments
- 6.3 GEA Refrigeration
- 6.3.1 GEA Refrigeration Company Information
- 6.3.2 GEA Refrigeration Business Overview
- 6.3.3 GEA Refrigeration Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 GEA Refrigeration Industrial Heat Pumps Product Portfolio
- 6.3.5 GEA Refrigeration Recent Developments
- 6.4 Emerson Electric
- 6.4.1 Emerson Electric Company Information
- 6.4.2 Emerson Electric Business Overview
- 6.4.3 Emerson Electric Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Emerson Electric Industrial Heat Pumps Product Portfolio
- 6.4.5 Emerson Electric Recent Developments
- 6.5 Johnson Controls
- 6.5.1 Johnson Controls Company Information
- 6.5.2 Johnson Controls Business Overview
- 6.5.3 Johnson Controls Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Johnson Controls Industrial Heat Pumps Product Portfolio
- 6.5.5 Johnson Controls Recent Developments
- 6.6 Mayekawa
- 6.6.1 Mayekawa Company Information
- 6.6.2 Mayekawa Business Overview
- 6.6.3 Mayekawa Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Mayekawa Industrial Heat Pumps Product Portfolio
- 6.6.5 Mayekawa Recent Developments
- 6.7 Star Refrigeration
- 6.7.1 Star Refrigeration Company Information
- 6.7.2 Star Refrigeration Business Overview
- 6.7.3 Star Refrigeration Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Star Refrigeration Industrial Heat Pumps Product Portfolio
- 6.7.5 Star Refrigeration Recent Developments
- 6.8 OCHSNER
- 6.8.1 OCHSNER Company Information
- 6.8.2 OCHSNER Business Overview
- 6.8.3 OCHSNER Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 OCHSNER Industrial Heat Pumps Product Portfolio
- 6.8.5 OCHSNER Recent Developments
- 6.9 ENGIE Refrigeration
- 6.9.1 ENGIE Refrigeration Company Information
- 6.9.2 ENGIE Refrigeration Business Overview
- 6.9.3 ENGIE Refrigeration Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 ENGIE Refrigeration Industrial Heat Pumps Product Portfolio
- 6.9.5 ENGIE Refrigeration Recent Developments
- 6.10 Friotherm
- 6.10.1 Friotherm Company Information
- 6.10.2 Friotherm Business Overview
- 6.10.3 Friotherm Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Friotherm Industrial Heat Pumps Product Portfolio
- 6.10.5 Friotherm Recent Developments
- 6.11 Combitherm
- 6.11.1 Combitherm Company Information
- 6.11.2 Combitherm Business Overview
- 6.11.3 Combitherm Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Combitherm Industrial Heat Pumps Product Portfolio
- 6.11.5 Combitherm Recent Developments
- 6.12 Frigopol
- 6.12.1 Frigopol Company Information
- 6.12.2 Frigopol Business Overview
- 6.12.3 Frigopol Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Frigopol Industrial Heat Pumps Product Portfolio
- 6.12.5 Frigopol Recent Developments
- 6.13 PHNIX Technology
- 6.13.1 PHNIX Technology Company Information
- 6.13.2 PHNIX Technology Business Overview
- 6.13.3 PHNIX Technology Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 PHNIX Technology Industrial Heat Pumps Product Portfolio
- 6.13.5 PHNIX Technology Recent Developments
- 6.14 NKXTA
- 6.14.1 NKXTA Company Information
- 6.14.2 NKXTA Business Overview
- 6.14.3 NKXTA Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 NKXTA Industrial Heat Pumps Product Portfolio
- 6.14.5 NKXTA Recent Developments
- 6.15 Moon Environment Technology
- 6.15.1 Moon Environment Technology Company Information
- 6.15.2 Moon Environment Technology Business Overview
- 6.15.3 Moon Environment Technology Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Moon Environment Technology Industrial Heat Pumps Product Portfolio
- 6.15.5 Moon Environment Technology Recent Developments
- 6.16 Zhengxu New Energy Equipment Technology
- 6.16.1 Zhengxu New Energy Equipment Technology Company Information
- 6.16.2 Zhengxu New Energy Equipment Technology Business Overview
- 6.16.3 Zhengxu New Energy Equipment Technology Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Zhengxu New Energy Equipment Technology Industrial Heat Pumps Product Portfolio
- 6.16.5 Zhengxu New Energy Equipment Technology Recent Developments
- 6.17 Lingye Energy Saving Technology
- 6.17.1 Lingye Energy Saving Technology Company Information
- 6.17.2 Lingye Energy Saving Technology Business Overview
- 6.17.3 Lingye Energy Saving Technology Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Lingye Energy Saving Technology Industrial Heat Pumps Product Portfolio
- 6.17.5 Lingye Energy Saving Technology Recent Developments
- 6.18 Keling Energy Saving
- 6.18.1 Keling Energy Saving Company Information
- 6.18.2 Keling Energy Saving Business Overview
- 6.18.3 Keling Energy Saving Industrial Heat Pumps Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 Keling Energy Saving Industrial Heat Pumps Product Portfolio
- 6.18.5 Keling Energy Saving Recent Developments
7 North America by Country
- 7.1 North America Industrial Heat Pumps Sales by Country
- 7.1.1 North America Industrial Heat Pumps Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Industrial Heat Pumps Sales by Country (2021-2026)
- 7.1.3 North America Industrial Heat Pumps Sales Forecast by Country (2027-2032)
- 7.2 North America Industrial Heat Pumps Market Size by Country
- 7.2.1 North America Industrial Heat Pumps Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Industrial Heat Pumps Market Size by Country (2021-2026)
- 7.2.3 North America Industrial Heat Pumps Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Industrial Heat Pumps Sales by Country
- 8.1.1 Europe Industrial Heat Pumps Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Industrial Heat Pumps Sales by Country (2021-2026)
- 8.1.3 Europe Industrial Heat Pumps Sales Forecast by Country (2027-2032)
- 8.2 Europe Industrial Heat Pumps Market Size by Country
- 8.2.1 Europe Industrial Heat Pumps Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Industrial Heat Pumps Market Size by Country (2021-2026)
- 8.2.3 Europe Industrial Heat Pumps Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Industrial Heat Pumps Sales by Country
- 9.1.1 Asia-Pacific Industrial Heat Pumps Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Industrial Heat Pumps Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Industrial Heat Pumps Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Industrial Heat Pumps Market Size by Country
- 9.2.1 Asia-Pacific Industrial Heat Pumps Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Industrial Heat Pumps Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Industrial Heat Pumps Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Industrial Heat Pumps Sales by Country
- 10.1.1 South America Industrial Heat Pumps Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Industrial Heat Pumps Sales by Country (2021-2026)
- 10.1.3 South America Industrial Heat Pumps Sales Forecast by Country (2027-2032)
- 10.2 South America Industrial Heat Pumps Market Size by Country
- 10.2.1 South America Industrial Heat Pumps Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Industrial Heat Pumps Market Size by Country (2021-2026)
- 10.2.3 South America Industrial Heat Pumps Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Industrial Heat Pumps Sales by Country
- 11.1.1 Middle East and Africa Industrial Heat Pumps Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Industrial Heat Pumps Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Industrial Heat Pumps Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Industrial Heat Pumps Market Size by Country
- 11.2.1 Middle East and Africa Industrial Heat Pumps Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Industrial Heat Pumps Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Industrial Heat Pumps Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Industrial Heat Pumps Value Chain Analysis
- 12.1.1 Industrial Heat Pumps Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Industrial Heat Pumps Production Mode & Process
- 12.2 Industrial Heat Pumps Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Industrial Heat Pumps Distributors
- 12.2.3 Industrial Heat Pumps Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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