Global Heat Pumps Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Description

A heat pump is a device that can heat a building (or part of a building) by transferring thermal energy from the outside using a refrigeration cycle. Many heat pumps can also operate in the opposite direction, cooling the building by removing heat from the enclosed space and rejecting it outside. Units that only provide cooling are called air conditioners.

According to our (Global Info Research) latest study, the global Heat Pumps market size was valued at US$ 86800 million in 2023 and is forecast to a readjusted size of USD 136330 million by 2030 with a CAGR of 6.6% during review period.

Global key players of Heat Pump include Daikin, Carrier, Midea, Mitsubishi, Hitachi, etc. The top five players hold a share over 27%. Asia-Pacific is the largest market, and has a share about 60%, followed by North America and Europe with share 23% and 14%, separately. In terms of product type, Air Source is the largest segment, occupied for a share of 78%. In terms of application, Residential has a share about 60 percent.

This report is a detailed and comprehensive analysis for global Heat Pumps market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:
Global Heat Pumps market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Heat Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Heat Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Heat Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heat Pumps
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heat Pumps market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Daikin, Carrier, Midea, Mitsubishi, Hitachi, Bosch, LG Electronics, NIBE Industrier, Fujitsu, Panasonic, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation
Heat Pumps market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Air Source Pump
    Water Source Pump
    Geothermal Pump

Market segment by Application
    Residential
    Industrial
    Commercial

Major players covered
    Daikin
    Carrier
    Midea
    Mitsubishi
    Hitachi
    Bosch
    LG Electronics
    NIBE Industrier
    Fujitsu
    Panasonic
    Vaillant
    GREE Electric
    Atlantic
    Stiebel Eltron
    Rheem
    AMITIME
    Thermia
    Johnson Controls
    Aermec
    Zhengxu
    Maritime Geothermal
    Kensa
    Calorex
    Sirac
    Tongyi Electrical

Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heat Pumps product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Heat Pumps, with price, sales quantity, revenue, and global market share of Heat Pumps from 2019 to 2024.
Chapter 3, the Heat Pumps competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heat Pumps breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Heat Pumps market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Heat Pumps.
Chapter 14 and 15, to describe Heat Pumps sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Heat Pumps Consumption Value by Type: 2019 Versus 2023 Versus 2030
        1.3.2 Air Source Pump
        1.3.3 Water Source Pump
        1.3.4 Geothermal Pump
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Heat Pumps Consumption Value by Application: 2019 Versus 2023 Versus 2030
        1.4.2 Residential
        1.4.3 Industrial
        1.4.4 Commercial
    1.5 Global Heat Pumps Market Size & Forecast
        1.5.1 Global Heat Pumps Consumption Value (2019 & 2023 & 2030)
        1.5.2 Global Heat Pumps Sales Quantity (2019-2030)
        1.5.3 Global Heat Pumps Average Price (2019-2030)

2 Manufacturers Profiles
    2.1 Daikin
        2.1.1 Daikin Details
        2.1.2 Daikin Major Business
        2.1.3 Daikin Heat Pumps Product and Services
        2.1.4 Daikin Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.1.5 Daikin Recent Developments/Updates
    2.2 Carrier
        2.2.1 Carrier Details
        2.2.2 Carrier Major Business
        2.2.3 Carrier Heat Pumps Product and Services
        2.2.4 Carrier Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.2.5 Carrier Recent Developments/Updates
    2.3 Midea
        2.3.1 Midea Details
        2.3.2 Midea Major Business
        2.3.3 Midea Heat Pumps Product and Services
        2.3.4 Midea Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.3.5 Midea Recent Developments/Updates
    2.4 Mitsubishi
        2.4.1 Mitsubishi Details
        2.4.2 Mitsubishi Major Business
        2.4.3 Mitsubishi Heat Pumps Product and Services
        2.4.4 Mitsubishi Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.4.5 Mitsubishi Recent Developments/Updates
    2.5 Hitachi
        2.5.1 Hitachi Details
        2.5.2 Hitachi Major Business
        2.5.3 Hitachi Heat Pumps Product and Services
        2.5.4 Hitachi Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.5.5 Hitachi Recent Developments/Updates
    2.6 Bosch
        2.6.1 Bosch Details
        2.6.2 Bosch Major Business
        2.6.3 Bosch Heat Pumps Product and Services
        2.6.4 Bosch Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.6.5 Bosch Recent Developments/Updates
    2.7 LG Electronics
        2.7.1 LG Electronics Details
        2.7.2 LG Electronics Major Business
        2.7.3 LG Electronics Heat Pumps Product and Services
        2.7.4 LG Electronics Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.7.5 LG Electronics Recent Developments/Updates
    2.8 NIBE Industrier
        2.8.1 NIBE Industrier Details
        2.8.2 NIBE Industrier Major Business
        2.8.3 NIBE Industrier Heat Pumps Product and Services
        2.8.4 NIBE Industrier Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.8.5 NIBE Industrier Recent Developments/Updates
    2.9 Fujitsu
        2.9.1 Fujitsu Details
        2.9.2 Fujitsu Major Business
        2.9.3 Fujitsu Heat Pumps Product and Services
        2.9.4 Fujitsu Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.9.5 Fujitsu Recent Developments/Updates
    2.10 Panasonic
        2.10.1 Panasonic Details
        2.10.2 Panasonic Major Business
        2.10.3 Panasonic Heat Pumps Product and Services
        2.10.4 Panasonic Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.10.5 Panasonic Recent Developments/Updates
    2.11 Vaillant
        2.11.1 Vaillant Details
        2.11.2 Vaillant Major Business
        2.11.3 Vaillant Heat Pumps Product and Services
        2.11.4 Vaillant Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.11.5 Vaillant Recent Developments/Updates
    2.12 GREE Electric
        2.12.1 GREE Electric Details
        2.12.2 GREE Electric Major Business
        2.12.3 GREE Electric Heat Pumps Product and Services
        2.12.4 GREE Electric Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.12.5 GREE Electric Recent Developments/Updates
    2.13 Atlantic
        2.13.1 Atlantic Details
        2.13.2 Atlantic Major Business
        2.13.3 Atlantic Heat Pumps Product and Services
        2.13.4 Atlantic Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.13.5 Atlantic Recent Developments/Updates
    2.14 Stiebel Eltron
        2.14.1 Stiebel Eltron Details
        2.14.2 Stiebel Eltron Major Business
        2.14.3 Stiebel Eltron Heat Pumps Product and Services
        2.14.4 Stiebel Eltron Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.14.5 Stiebel Eltron Recent Developments/Updates
    2.15 Rheem
        2.15.1 Rheem Details
        2.15.2 Rheem Major Business
        2.15.3 Rheem Heat Pumps Product and Services
        2.15.4 Rheem Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.15.5 Rheem Recent Developments/Updates
    2.16 AMITIME
        2.16.1 AMITIME Details
        2.16.2 AMITIME Major Business
        2.16.3 AMITIME Heat Pumps Product and Services
        2.16.4 AMITIME Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.16.5 AMITIME Recent Developments/Updates
    2.17 Thermia
        2.17.1 Thermia Details
        2.17.2 Thermia Major Business
        2.17.3 Thermia Heat Pumps Product and Services
        2.17.4 Thermia Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.17.5 Thermia Recent Developments/Updates
    2.18 Johnson Controls
        2.18.1 Johnson Controls Details
        2.18.2 Johnson Controls Major Business
        2.18.3 Johnson Controls Heat Pumps Product and Services
        2.18.4 Johnson Controls Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.18.5 Johnson Controls Recent Developments/Updates
    2.19 Aermec
        2.19.1 Aermec Details
        2.19.2 Aermec Major Business
        2.19.3 Aermec Heat Pumps Product and Services
        2.19.4 Aermec Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.19.5 Aermec Recent Developments/Updates
    2.20 Zhengxu
        2.20.1 Zhengxu Details
        2.20.2 Zhengxu Major Business
        2.20.3 Zhengxu Heat Pumps Product and Services
        2.20.4 Zhengxu Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.20.5 Zhengxu Recent Developments/Updates
    2.21 Maritime Geothermal
        2.21.1 Maritime Geothermal Details
        2.21.2 Maritime Geothermal Major Business
        2.21.3 Maritime Geothermal Heat Pumps Product and Services
        2.21.4 Maritime Geothermal Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.21.5 Maritime Geothermal Recent Developments/Updates
    2.22 Kensa
        2.22.1 Kensa Details
        2.22.2 Kensa Major Business
        2.22.3 Kensa Heat Pumps Product and Services
        2.22.4 Kensa Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.22.5 Kensa Recent Developments/Updates
    2.23 Calorex
        2.23.1 Calorex Details
        2.23.2 Calorex Major Business
        2.23.3 Calorex Heat Pumps Product and Services
        2.23.4 Calorex Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.23.5 Calorex Recent Developments/Updates
    2.24 Sirac
        2.24.1 Sirac Details
        2.24.2 Sirac Major Business
        2.24.3 Sirac Heat Pumps Product and Services
        2.24.4 Sirac Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.24.5 Sirac Recent Developments/Updates
    2.25 Tongyi Electrical
        2.25.1 Tongyi Electrical Details
        2.25.2 Tongyi Electrical Major Business
        2.25.3 Tongyi Electrical Heat Pumps Product and Services
        2.25.4 Tongyi Electrical Heat Pumps Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.25.5 Tongyi Electrical Recent Developments/Updates

3 Competitive Environment: Heat Pumps by Manufacturer
    3.1 Global Heat Pumps Sales Quantity by Manufacturer (2019-2024)
    3.2 Global Heat Pumps Revenue by Manufacturer (2019-2024)
    3.3 Global Heat Pumps Average Price by Manufacturer (2019-2024)
    3.4 Market Share Analysis (2023)
        3.4.1 Producer Shipments of Heat Pumps by Manufacturer Revenue ($MM) and Market Share (%): 2023
        3.4.2 Top 3 Heat Pumps Manufacturer Market Share in 2023
        3.4.3 Top 6 Heat Pumps Manufacturer Market Share in 2023
    3.5 Heat Pumps Market: Overall Company Footprint Analysis
        3.5.1 Heat Pumps Market: Region Footprint
        3.5.2 Heat Pumps Market: Company Product Type Footprint
        3.5.3 Heat Pumps Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Heat Pumps Market Size by Region
        4.1.1 Global Heat Pumps Sales Quantity by Region (2019-2030)
        4.1.2 Global Heat Pumps Consumption Value by Region (2019-2030)
        4.1.3 Global Heat Pumps Average Price by Region (2019-2030)
    4.2 North America Heat Pumps Consumption Value (2019-2030)
    4.3 Europe Heat Pumps Consumption Value (2019-2030)
    4.4 Asia-Pacific Heat Pumps Consumption Value (2019-2030)
    4.5 South America Heat Pumps Consumption Value (2019-2030)
    4.6 Middle East & Africa Heat Pumps Consumption Value (2019-2030)

5 Market Segment by Type
    5.1 Global Heat Pumps Sales Quantity by Type (2019-2030)
    5.2 Global Heat Pumps Consumption Value by Type (2019-2030)
    5.3 Global Heat Pumps Average Price by Type (2019-2030)

6 Market Segment by Application
    6.1 Global Heat Pumps Sales Quantity by Application (2019-2030)
    6.2 Global Heat Pumps Consumption Value by Application (2019-2030)
    6.3 Global Heat Pumps Average Price by Application (2019-2030)

7 North America
    7.1 North America Heat Pumps Sales Quantity by Type (2019-2030)
    7.2 North America Heat Pumps Sales Quantity by Application (2019-2030)
    7.3 North America Heat Pumps Market Size by Country
        7.3.1 North America Heat Pumps Sales Quantity by Country (2019-2030)
        7.3.2 North America Heat Pumps Consumption Value by Country (2019-2030)
        7.3.3 United States Market Size and Forecast (2019-2030)
        7.3.4 Canada Market Size and Forecast (2019-2030)
        7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe
    8.1 Europe Heat Pumps Sales Quantity by Type (2019-2030)
    8.2 Europe Heat Pumps Sales Quantity by Application (2019-2030)
    8.3 Europe Heat Pumps Market Size by Country
        8.3.1 Europe Heat Pumps Sales Quantity by Country (2019-2030)
        8.3.2 Europe Heat Pumps Consumption Value by Country (2019-2030)
        8.3.3 Germany Market Size and Forecast (2019-2030)
        8.3.4 France Market Size and Forecast (2019-2030)
        8.3.5 United Kingdom Market Size and Forecast (2019-2030)
        8.3.6 Russia Market Size and Forecast (2019-2030)
        8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific
    9.1 Asia-Pacific Heat Pumps Sales Quantity by Type (2019-2030)
    9.2 Asia-Pacific Heat Pumps Sales Quantity by Application (2019-2030)
    9.3 Asia-Pacific Heat Pumps Market Size by Region
        9.3.1 Asia-Pacific Heat Pumps Sales Quantity by Region (2019-2030)
        9.3.2 Asia-Pacific Heat Pumps Consumption Value by Region (2019-2030)
        9.3.3 China Market Size and Forecast (2019-2030)
        9.3.4 Japan Market Size and Forecast (2019-2030)
        9.3.5 South Korea Market Size and Forecast (2019-2030)
        9.3.6 India Market Size and Forecast (2019-2030)
        9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
        9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America
    10.1 South America Heat Pumps Sales Quantity by Type (2019-2030)
    10.2 South America Heat Pumps Sales Quantity by Application (2019-2030)
    10.3 South America Heat Pumps Market Size by Country
        10.3.1 South America Heat Pumps Sales Quantity by Country (2019-2030)
        10.3.2 South America Heat Pumps Consumption Value by Country (2019-2030)
        10.3.3 Brazil Market Size and Forecast (2019-2030)
        10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa
    11.1 Middle East & Africa Heat Pumps Sales Quantity by Type (2019-2030)
    11.2 Middle East & Africa Heat Pumps Sales Quantity by Application (2019-2030)
    11.3 Middle East & Africa Heat Pumps Market Size by Country
        11.3.1 Middle East & Africa Heat Pumps Sales Quantity by Country (2019-2030)
        11.3.2 Middle East & Africa Heat Pumps Consumption Value by Country (2019-2030)
        11.3.3 Turkey Market Size and Forecast (2019-2030)
        11.3.4 Egypt Market Size and Forecast (2019-2030)
        11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
        11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics
    12.1 Heat Pumps Market Drivers
    12.2 Heat Pumps Market Restraints
    12.3 Heat Pumps Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain
    13.1 Raw Material of Heat Pumps and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Heat Pumps
    13.3 Heat Pumps Production Process
    13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Heat Pumps Typical Distributors
    14.3 Heat Pumps Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
 Table 1. Global Heat Pumps Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
 Table 2. Global Heat Pumps Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
 Table 3. Daikin Basic Information, Manufacturing Base and Competitors
 Table 4. Daikin Major Business
 Table 5. Daikin Heat Pumps Product and Services
 Table 6. Daikin Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 7. Daikin Recent Developments/Updates
 Table 8. Carrier Basic Information, Manufacturing Base and Competitors
 Table 9. Carrier Major Business
 Table 10. Carrier Heat Pumps Product and Services
 Table 11. Carrier Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 12. Carrier Recent Developments/Updates
 Table 13. Midea Basic Information, Manufacturing Base and Competitors
 Table 14. Midea Major Business
 Table 15. Midea Heat Pumps Product and Services
 Table 16. Midea Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 17. Midea Recent Developments/Updates
 Table 18. Mitsubishi Basic Information, Manufacturing Base and Competitors
 Table 19. Mitsubishi Major Business
 Table 20. Mitsubishi Heat Pumps Product and Services
 Table 21. Mitsubishi Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 22. Mitsubishi Recent Developments/Updates
 Table 23. Hitachi Basic Information, Manufacturing Base and Competitors
 Table 24. Hitachi Major Business
 Table 25. Hitachi Heat Pumps Product and Services
 Table 26. Hitachi Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 27. Hitachi Recent Developments/Updates
 Table 28. Bosch Basic Information, Manufacturing Base and Competitors
 Table 29. Bosch Major Business
 Table 30. Bosch Heat Pumps Product and Services
 Table 31. Bosch Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 32. Bosch Recent Developments/Updates
 Table 33. LG Electronics Basic Information, Manufacturing Base and Competitors
 Table 34. LG Electronics Major Business
 Table 35. LG Electronics Heat Pumps Product and Services
 Table 36. LG Electronics Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 37. LG Electronics Recent Developments/Updates
 Table 38. NIBE Industrier Basic Information, Manufacturing Base and Competitors
 Table 39. NIBE Industrier Major Business
 Table 40. NIBE Industrier Heat Pumps Product and Services
 Table 41. NIBE Industrier Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 42. NIBE Industrier Recent Developments/Updates
 Table 43. Fujitsu Basic Information, Manufacturing Base and Competitors
 Table 44. Fujitsu Major Business
 Table 45. Fujitsu Heat Pumps Product and Services
 Table 46. Fujitsu Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 47. Fujitsu Recent Developments/Updates
 Table 48. Panasonic Basic Information, Manufacturing Base and Competitors
 Table 49. Panasonic Major Business
 Table 50. Panasonic Heat Pumps Product and Services
 Table 51. Panasonic Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 52. Panasonic Recent Developments/Updates
 Table 53. Vaillant Basic Information, Manufacturing Base and Competitors
 Table 54. Vaillant Major Business
 Table 55. Vaillant Heat Pumps Product and Services
 Table 56. Vaillant Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 57. Vaillant Recent Developments/Updates
 Table 58. GREE Electric Basic Information, Manufacturing Base and Competitors
 Table 59. GREE Electric Major Business
 Table 60. GREE Electric Heat Pumps Product and Services
 Table 61. GREE Electric Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 62. GREE Electric Recent Developments/Updates
 Table 63. Atlantic Basic Information, Manufacturing Base and Competitors
 Table 64. Atlantic Major Business
 Table 65. Atlantic Heat Pumps Product and Services
 Table 66. Atlantic Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 67. Atlantic Recent Developments/Updates
 Table 68. Stiebel Eltron Basic Information, Manufacturing Base and Competitors
 Table 69. Stiebel Eltron Major Business
 Table 70. Stiebel Eltron Heat Pumps Product and Services
 Table 71. Stiebel Eltron Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 72. Stiebel Eltron Recent Developments/Updates
 Table 73. Rheem Basic Information, Manufacturing Base and Competitors
 Table 74. Rheem Major Business
 Table 75. Rheem Heat Pumps Product and Services
 Table 76. Rheem Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 77. Rheem Recent Developments/Updates
 Table 78. AMITIME Basic Information, Manufacturing Base and Competitors
 Table 79. AMITIME Major Business
 Table 80. AMITIME Heat Pumps Product and Services
 Table 81. AMITIME Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 82. AMITIME Recent Developments/Updates
 Table 83. Thermia Basic Information, Manufacturing Base and Competitors
 Table 84. Thermia Major Business
 Table 85. Thermia Heat Pumps Product and Services
 Table 86. Thermia Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 87. Thermia Recent Developments/Updates
 Table 88. Johnson Controls Basic Information, Manufacturing Base and Competitors
 Table 89. Johnson Controls Major Business
 Table 90. Johnson Controls Heat Pumps Product and Services
 Table 91. Johnson Controls Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 92. Johnson Controls Recent Developments/Updates
 Table 93. Aermec Basic Information, Manufacturing Base and Competitors
 Table 94. Aermec Major Business
 Table 95. Aermec Heat Pumps Product and Services
 Table 96. Aermec Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 97. Aermec Recent Developments/Updates
 Table 98. Zhengxu Basic Information, Manufacturing Base and Competitors
 Table 99. Zhengxu Major Business
 Table 100. Zhengxu Heat Pumps Product and Services
 Table 101. Zhengxu Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 102. Zhengxu Recent Developments/Updates
 Table 103. Maritime Geothermal Basic Information, Manufacturing Base and Competitors
 Table 104. Maritime Geothermal Major Business
 Table 105. Maritime Geothermal Heat Pumps Product and Services
 Table 106. Maritime Geothermal Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 107. Maritime Geothermal Recent Developments/Updates
 Table 108. Kensa Basic Information, Manufacturing Base and Competitors
 Table 109. Kensa Major Business
 Table 110. Kensa Heat Pumps Product and Services
 Table 111. Kensa Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 112. Kensa Recent Developments/Updates
 Table 113. Calorex Basic Information, Manufacturing Base and Competitors
 Table 114. Calorex Major Business
 Table 115. Calorex Heat Pumps Product and Services
 Table 116. Calorex Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 117. Calorex Recent Developments/Updates
 Table 118. Sirac Basic Information, Manufacturing Base and Competitors
 Table 119. Sirac Major Business
 Table 120. Sirac Heat Pumps Product and Services
 Table 121. Sirac Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 122. Sirac Recent Developments/Updates
 Table 123. Tongyi Electrical Basic Information, Manufacturing Base and Competitors
 Table 124. Tongyi Electrical Major Business
 Table 125. Tongyi Electrical Heat Pumps Product and Services
 Table 126. Tongyi Electrical Heat Pumps Sales Quantity (K Units), Average Price (US$/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
 Table 127. Tongyi Electrical Recent Developments/Updates
 Table 128. Global Heat Pumps Sales Quantity by Manufacturer (2019-2024) & (K Units)
 Table 129. Global Heat Pumps Revenue by Manufacturer (2019-2024) & (USD Million)
 Table 130. Global Heat Pumps Average Price by Manufacturer (2019-2024) & (US$/Unit)
 Table 131. Market Position of Manufacturers in Heat Pumps, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
 Table 132. Head Office and Heat Pumps Production Site of Key Manufacturer
 Table 133. Heat Pumps Market: Company Product Type Footprint
 Table 134. Heat Pumps Market: Company Product Application Footprint
 Table 135. Heat Pumps New Market Entrants and Barriers to Market Entry
 Table 136. Heat Pumps Mergers, Acquisition, Agreements, and Collaborations
 Table 137. Global Heat Pumps Consumption Value by Region (2019-2023-2030) & (USD Million) & CAGR
 Table 138. Global Heat Pumps Sales Quantity by Region (2019-2024) & (K Units)
 Table 139. Global Heat Pumps Sales Quantity by Region (2025-2030) & (K Units)
 Table 140. Global Heat Pumps Consumption Value by Region (2019-2024) & (USD Million)
 Table 141. Global Heat Pumps Consumption Value by Region (2025-2030) & (USD Million)
 Table 142. Global Heat Pumps Average Price by Region (2019-2024) & (US$/Unit)
 Table 143. Global Heat Pumps Average Price by Region (2025-2030) & (US$/Unit)
 Table 144. Global Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 145. Global Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 146. Global Heat Pumps Consumption Value by Type (2019-2024) & (USD Million)
 Table 147. Global Heat Pumps Consumption Value by Type (2025-2030) & (USD Million)
 Table 148. Global Heat Pumps Average Price by Type (2019-2024) & (US$/Unit)
 Table 149. Global Heat Pumps Average Price by Type (2025-2030) & (US$/Unit)
 Table 150. Global Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 151. Global Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 152. Global Heat Pumps Consumption Value by Application (2019-2024) & (USD Million)
 Table 153. Global Heat Pumps Consumption Value by Application (2025-2030) & (USD Million)
 Table 154. Global Heat Pumps Average Price by Application (2019-2024) & (US$/Unit)
 Table 155. Global Heat Pumps Average Price by Application (2025-2030) & (US$/Unit)
 Table 156. North America Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 157. North America Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 158. North America Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 159. North America Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 160. North America Heat Pumps Sales Quantity by Country (2019-2024) & (K Units)
 Table 161. North America Heat Pumps Sales Quantity by Country (2025-2030) & (K Units)
 Table 162. North America Heat Pumps Consumption Value by Country (2019-2024) & (USD Million)
 Table 163. North America Heat Pumps Consumption Value by Country (2025-2030) & (USD Million)
 Table 164. Europe Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 165. Europe Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 166. Europe Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 167. Europe Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 168. Europe Heat Pumps Sales Quantity by Country (2019-2024) & (K Units)
 Table 169. Europe Heat Pumps Sales Quantity by Country (2025-2030) & (K Units)
 Table 170. Europe Heat Pumps Consumption Value by Country (2019-2024) & (USD Million)
 Table 171. Europe Heat Pumps Consumption Value by Country (2025-2030) & (USD Million)
 Table 172. Asia-Pacific Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 173. Asia-Pacific Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 174. Asia-Pacific Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 175. Asia-Pacific Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 176. Asia-Pacific Heat Pumps Sales Quantity by Region (2019-2024) & (K Units)
 Table 177. Asia-Pacific Heat Pumps Sales Quantity by Region (2025-2030) & (K Units)
 Table 178. Asia-Pacific Heat Pumps Consumption Value by Region (2019-2024) & (USD Million)
 Table 179. Asia-Pacific Heat Pumps Consumption Value by Region (2025-2030) & (USD Million)
 Table 180. South America Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 181. South America Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 182. South America Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 183. South America Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 184. South America Heat Pumps Sales Quantity by Country (2019-2024) & (K Units)
 Table 185. South America Heat Pumps Sales Quantity by Country (2025-2030) & (K Units)
 Table 186. South America Heat Pumps Consumption Value by Country (2019-2024) & (USD Million)
 Table 187. South America Heat Pumps Consumption Value by Country (2025-2030) & (USD Million)
 Table 188. Middle East & Africa Heat Pumps Sales Quantity by Type (2019-2024) & (K Units)
 Table 189. Middle East & Africa Heat Pumps Sales Quantity by Type (2025-2030) & (K Units)
 Table 190. Middle East & Africa Heat Pumps Sales Quantity by Application (2019-2024) & (K Units)
 Table 191. Middle East & Africa Heat Pumps Sales Quantity by Application (2025-2030) & (K Units)
 Table 192. Middle East & Africa Heat Pumps Sales Quantity by Country (2019-2024) & (K Units)
 Table 193. Middle East & Africa Heat Pumps Sales Quantity by Country (2025-2030) & (K Units)
 Table 194. Middle East & Africa Heat Pumps Consumption Value by Country (2019-2024) & (USD Million)
 Table 195. Middle East & Africa Heat Pumps Consumption Value by Country (2025-2030) & (USD Million)
 Table 196. Heat Pumps Raw Material
 Table 197. Key Manufacturers of Heat Pumps Raw Materials
 Table 198. Heat Pumps Typical Distributors
 Table 199. Heat Pumps Typical Customers


List of Figures
 Figure 1. Heat Pumps Picture
 Figure 2. Global Heat Pumps Revenue by Type, (USD Million), 2019 & 2023 & 2030
 Figure 3. Global Heat Pumps Revenue Market Share by Type in 2023
 Figure 4. Air Source Pump Examples
 Figure 5. Water Source Pump Examples
 Figure 6. Geothermal Pump Examples
 Figure 7. Global Heat Pumps Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
 Figure 8. Global Heat Pumps Revenue Market Share by Application in 2023
 Figure 9. Residential Examples
 Figure 10. Industrial Examples
 Figure 11. Commercial Examples
 Figure 12. Global Heat Pumps Consumption Value, (USD Million): 2019 & 2023 & 2030
 Figure 13. Global Heat Pumps Consumption Value and Forecast (2019-2030) & (USD Million)
 Figure 14. Global Heat Pumps Sales Quantity (2019-2030) & (K Units)
 Figure 15. Global Heat Pumps Price (2019-2030) & (US$/Unit)
 Figure 16. Global Heat Pumps Sales Quantity Market Share by Manufacturer in 2023
 Figure 17. Global Heat Pumps Revenue Market Share by Manufacturer in 2023
 Figure 18. Producer Shipments of Heat Pumps by Manufacturer Sales ($MM) and Market Share (%): 2023
 Figure 19. Top 3 Heat Pumps Manufacturer (Revenue) Market Share in 2023
 Figure 20. Top 6 Heat Pumps Manufacturer (Revenue) Market Share in 2023
 Figure 21. Global Heat Pumps Sales Quantity Market Share by Region (2019-2030)
 Figure 22. Global Heat Pumps Consumption Value Market Share by Region (2019-2030)
 Figure 23. North America Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 24. Europe Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 25. Asia-Pacific Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 26. South America Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 27. Middle East & Africa Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 28. Global Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 29. Global Heat Pumps Consumption Value Market Share by Type (2019-2030)
 Figure 30. Global Heat Pumps Average Price by Type (2019-2030) & (US$/Unit)
 Figure 31. Global Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 32. Global Heat Pumps Revenue Market Share by Application (2019-2030)
 Figure 33. Global Heat Pumps Average Price by Application (2019-2030) & (US$/Unit)
 Figure 34. North America Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 35. North America Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 36. North America Heat Pumps Sales Quantity Market Share by Country (2019-2030)
 Figure 37. North America Heat Pumps Consumption Value Market Share by Country (2019-2030)
 Figure 38. United States Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 39. Canada Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 40. Mexico Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 41. Europe Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 42. Europe Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 43. Europe Heat Pumps Sales Quantity Market Share by Country (2019-2030)
 Figure 44. Europe Heat Pumps Consumption Value Market Share by Country (2019-2030)
 Figure 45. Germany Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 46. France Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 47. United Kingdom Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 48. Russia Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 49. Italy Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 50. Asia-Pacific Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 51. Asia-Pacific Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 52. Asia-Pacific Heat Pumps Sales Quantity Market Share by Region (2019-2030)
 Figure 53. Asia-Pacific Heat Pumps Consumption Value Market Share by Region (2019-2030)
 Figure 54. China Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 55. Japan Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 56. South Korea Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 57. India Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 58. Southeast Asia Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 59. Australia Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 60. South America Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 61. South America Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 62. South America Heat Pumps Sales Quantity Market Share by Country (2019-2030)
 Figure 63. South America Heat Pumps Consumption Value Market Share by Country (2019-2030)
 Figure 64. Brazil Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 65. Argentina Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 66. Middle East & Africa Heat Pumps Sales Quantity Market Share by Type (2019-2030)
 Figure 67. Middle East & Africa Heat Pumps Sales Quantity Market Share by Application (2019-2030)
 Figure 68. Middle East & Africa Heat Pumps Sales Quantity Market Share by Country (2019-2030)
 Figure 69. Middle East & Africa Heat Pumps Consumption Value Market Share by Country (2019-2030)
 Figure 70. Turkey Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 71. Egypt Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 72. Saudi Arabia Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 73. South Africa Heat Pumps Consumption Value (2019-2030) & (USD Million)
 Figure 74. Heat Pumps Market Drivers
 Figure 75. Heat Pumps Market Restraints
 Figure 76. Heat Pumps Market Trends
 Figure 77. Porters Five Forces Analysis
 Figure 78. Manufacturing Cost Structure Analysis of Heat Pumps in 2023
 Figure 79. Manufacturing Process Analysis of Heat Pumps
 Figure 80. Heat Pumps Industrial Chain
 Figure 81. Sales Channel: Direct to End-User vs Distributors
 Figure 82. Direct Channel Pros & Cons
 Figure 83. Indirect Channel Pros & Cons
 Figure 84. Methodology
 Figure 85. Research Process and Data Source

Companies Mentioned

Daikin
Carrier
Midea
Mitsubishi
Hitachi
Bosch
LG Electronics
NIBE Industrier
Fujitsu
Panasonic
Vaillant
GREE Electric
Atlantic
Stiebel Eltron
Rheem
AMITIME
Thermia
Johnson Controls
Aermec
Zhengxu
Maritime Geothermal
Kensa
Calorex
Sirac
Tongyi Electrical