Global Heat Pumps Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Heat Pumps Industry Forecast” looks at past sales and reviews total world Heat Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Heat Pumps sales for 2023 through 2029. With Heat Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Pumps industry.

This Insight Report provides a comprehensive analysis of the global Heat Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heat Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Pumps.

The global Heat Pumps market size is projected to grow from US$ 7926.8 million in 2022 to US$ 11610 million in 2029; it is expected to grow at a CAGR of 11610 from 2023 to 2029.

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.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Heat Pumps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Air to Water Monobloc
    Air to Water Cylinder
    Ground/Water to Water
    Air to Water Split
    Exhaust Air

Segmentation by application
    Residential Heat Pumps
    Industrial Heat Pumps
    Commercial Heat Pumps

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Heat Pumps market?
What factors are driving Heat Pumps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heat Pumps market opportunities vary by end market size?
How does Heat Pumps break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Heat Pumps Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Heat Pumps Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Air to Water Monobloc
    Table 4. Major Players of Air to Water Cylinder
    Table 5. Major Players of Ground/Water to Water
    Table 6. Major Players of Air to Water Split
    Table 7. Major Players of Exhaust Air
    Table 8. Global Heat Pumps Sales by Type (2018-2023) & (K Units)
    Table 9. Global Heat Pumps Sales Market Share by Type (2018-2023)
    Table 10. Global Heat Pumps Revenue by Type (2018-2023) & ($ million)
    Table 11. Global Heat Pumps Revenue Market Share by Type (2018-2023)
    Table 12. Global Heat Pumps Sale Price by Type (2018-2023) & (USD/Unit)
    Table 13. Global Heat Pumps Sales by Application (2018-2023) & (K Units)
    Table 14. Global Heat Pumps Sales Market Share by Application (2018-2023)
    Table 15. Global Heat Pumps Revenue by Application (2018-2023)
    Table 16. Global Heat Pumps Revenue Market Share by Application (2018-2023)
    Table 17. Global Heat Pumps Sale Price by Application (2018-2023) & (USD/Unit)
    Table 18. Global Heat Pumps Sales by Company (2018-2023) & (K Units)
    Table 19. Global Heat Pumps Sales Market Share by Company (2018-2023)
    Table 20. Global Heat Pumps Revenue by Company (2018-2023) ($ Millions)
    Table 21. Global Heat Pumps Revenue Market Share by Company (2018-2023)
    Table 22. Global Heat Pumps Sale Price by Company (2018-2023) & (USD/Unit)
    Table 23. Key Manufacturers Heat Pumps Producing Area Distribution and Sales Area
    Table 24. Players Heat Pumps Products Offered
    Table 25. Heat Pumps Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 26. New Products and Potential Entrants
    Table 27. Mergers & Acquisitions, Expansion
    Table 28. Global Heat Pumps Sales by Geographic Region (2018-2023) & (K Units)
    Table 29. Global Heat Pumps Sales Market Share Geographic Region (2018-2023)
    Table 30. Global Heat Pumps Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 31. Global Heat Pumps Revenue Market Share by Geographic Region (2018-2023)
    Table 32. Global Heat Pumps Sales by Country/Region (2018-2023) & (K Units)
    Table 33. Global Heat Pumps Sales Market Share by Country/Region (2018-2023)
    Table 34. Global Heat Pumps Revenue by Country/Region (2018-2023) & ($ millions)
    Table 35. Global Heat Pumps Revenue Market Share by Country/Region (2018-2023)
    Table 36. Americas Heat Pumps Sales by Country (2018-2023) & (K Units)
    Table 37. Americas Heat Pumps Sales Market Share by Country (2018-2023)
    Table 38. Americas Heat Pumps Revenue by Country (2018-2023) & ($ Millions)
    Table 39. Americas Heat Pumps Revenue Market Share by Country (2018-2023)
    Table 40. Americas Heat Pumps Sales by Type (2018-2023) & (K Units)
    Table 41. Americas Heat Pumps Sales by Application (2018-2023) & (K Units)
    Table 42. APAC Heat Pumps Sales by Region (2018-2023) & (K Units)
    Table 43. APAC Heat Pumps Sales Market Share by Region (2018-2023)
    Table 44. APAC Heat Pumps Revenue by Region (2018-2023) & ($ Millions)
    Table 45. APAC Heat Pumps Revenue Market Share by Region (2018-2023)
    Table 46. APAC Heat Pumps Sales by Type (2018-2023) & (K Units)
    Table 47. APAC Heat Pumps Sales by Application (2018-2023) & (K Units)
    Table 48. Europe Heat Pumps Sales by Country (2018-2023) & (K Units)
    Table 49. Europe Heat Pumps Sales Market Share by Country (2018-2023)
    Table 50. Europe Heat Pumps Revenue by Country (2018-2023) & ($ Millions)
    Table 51. Europe Heat Pumps Revenue Market Share by Country (2018-2023)
    Table 52. Europe Heat Pumps Sales by Type (2018-2023) & (K Units)
    Table 53. Europe Heat Pumps Sales by Application (2018-2023) & (K Units)
    Table 54. Middle East & Africa Heat Pumps Sales by Country (2018-2023) & (K Units)
    Table 55. Middle East & Africa Heat Pumps Sales Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Heat Pumps Revenue by Country (2018-2023) & ($ Millions)
    Table 57. Middle East & Africa Heat Pumps Revenue Market Share by Country (2018-2023)
    Table 58. Middle East & Africa Heat Pumps Sales by Type (2018-2023) & (K Units)
    Table 59. Middle East & Africa Heat Pumps Sales by Application (2018-2023) & (K Units)
    Table 60. Key Market Drivers & Growth Opportunities of Heat Pumps
    Table 61. Key Market Challenges & Risks of Heat Pumps
    Table 62. Key Industry Trends of Heat Pumps
    Table 63. Heat Pumps Raw Material
    Table 64. Key Suppliers of Raw Materials
    Table 65. Heat Pumps Distributors List
    Table 66. Heat Pumps Customer List
    Table 67. Global Heat Pumps Sales Forecast by Region (2024-2029) & (K Units)
    Table 68. Global Heat Pumps Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 69. Americas Heat Pumps Sales Forecast by Country (2024-2029) & (K Units)
    Table 70. Americas Heat Pumps Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 71. APAC Heat Pumps Sales Forecast by Region (2024-2029) & (K Units)
    Table 72. APAC Heat Pumps Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 73. Europe Heat Pumps Sales Forecast by Country (2024-2029) & (K Units)
    Table 74. Europe Heat Pumps Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Middle East & Africa Heat Pumps Sales Forecast by Country (2024-2029) & (K Units)
    Table 76. Middle East & Africa Heat Pumps Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 77. Global Heat Pumps Sales Forecast by Type (2024-2029) & (K Units)
    Table 78. Global Heat Pumps Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 79. Global Heat Pumps Sales Forecast by Application (2024-2029) & (K Units)
    Table 80. Global Heat Pumps Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 81. Daikin Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 82. Daikin Heat Pumps Product Portfolios and Specifications
    Table 83. Daikin Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 84. Daikin Main Business
    Table 85. Daikin Latest Developments
    Table 86. Mitsubishi Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 87. Mitsubishi Heat Pumps Product Portfolios and Specifications
    Table 88. Mitsubishi Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 89. Mitsubishi Main Business
    Table 90. Mitsubishi Latest Developments
    Table 91. Atlantic Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 92. Atlantic Heat Pumps Product Portfolios and Specifications
    Table 93. Atlantic Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 94. Atlantic Main Business
    Table 95. Atlantic Latest Developments
    Table 96. NIBE Industrier Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 97. NIBE Industrier Heat Pumps Product Portfolios and Specifications
    Table 98. NIBE Industrier Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 99. NIBE Industrier Main Business
    Table 100. NIBE Industrier Latest Developments
    Table 101. Hitachi Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 102. Hitachi Heat Pumps Product Portfolios and Specifications
    Table 103. Hitachi Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 104. Hitachi Main Business
    Table 105. Hitachi Latest Developments
    Table 106. Bosch Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 107. Bosch Heat Pumps Product Portfolios and Specifications
    Table 108. Bosch Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 109. Bosch Main Business
    Table 110. Bosch Latest Developments
    Table 111. Panasonic Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 112. Panasonic Heat Pumps Product Portfolios and Specifications
    Table 113. Panasonic Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 114. Panasonic Main Business
    Table 115. Panasonic Latest Developments
    Table 116. Aermec Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 117. Aermec Heat Pumps Product Portfolios and Specifications
    Table 118. Aermec Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 119. Aermec Main Business
    Table 120. Aermec Latest Developments
    Table 121. STIEBEL ELTRON Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 122. STIEBEL ELTRON Heat Pumps Product Portfolios and Specifications
    Table 123. STIEBEL ELTRON Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 124. STIEBEL ELTRON Main Business
    Table 125. STIEBEL ELTRON Latest Developments
    Table 126. CIAT Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 127. CIAT Heat Pumps Product Portfolios and Specifications
    Table 128. CIAT Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 129. CIAT Main Business
    Table 130. CIAT Latest Developments
    Table 131. Fujitsu Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 132. Fujitsu Heat Pumps Product Portfolios and Specifications
    Table 133. Fujitsu Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 134. Fujitsu Main Business
    Table 135. Fujitsu Latest Developments
    Table 136. Vaillant Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 137. Vaillant Heat Pumps Product Portfolios and Specifications
    Table 138. Vaillant Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 139. Vaillant Main Business
    Table 140. Vaillant Latest Developments
    Table 141. Danfoss Group Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 142. Danfoss Group Heat Pumps Product Portfolios and Specifications
    Table 143. Danfoss Group Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 144. Danfoss Group Main Business
    Table 145. Danfoss Group Latest Developments
    Table 146. Carrier Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 147. Carrier Heat Pumps Product Portfolios and Specifications
    Table 148. Carrier Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 149. Carrier Main Business
    Table 150. Carrier Latest Developments
    Table 151. Rheem Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 152. Rheem Heat Pumps Product Portfolios and Specifications
    Table 153. Rheem Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 154. Rheem Main Business
    Table 155. Rheem Latest Developments
    Table 156. Johnson Controls Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 157. Johnson Controls Heat Pumps Product Portfolios and Specifications
    Table 158. Johnson Controls Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 159. Johnson Controls Main Business
    Table 160. Johnson Controls Latest Developments
    Table 161. Calorex Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 162. Calorex Heat Pumps Product Portfolios and Specifications
    Table 163. Calorex Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 164. Calorex Main Business
    Table 165. Calorex Latest Developments
    Table 166. Kensa Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 167. Kensa Heat Pumps Product Portfolios and Specifications
    Table 168. Kensa Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 169. Kensa Main Business
    Table 170. Kensa Latest Developments
    Table 171. Maritime Geothermal Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 172. Maritime Geothermal Heat Pumps Product Portfolios and Specifications
    Table 173. Maritime Geothermal Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 174. Maritime Geothermal Main Business
    Table 175. Maritime Geothermal Latest Developments
    Table 176. Thermia Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 177. Thermia Heat Pumps Product Portfolios and Specifications
    Table 178. Thermia Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 179. Thermia Main Business
    Table 180. Thermia Latest Developments
    Table 181. ClimateMaster Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 182. ClimateMaster Heat Pumps Product Portfolios and Specifications
    Table 183. ClimateMaster Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 184. ClimateMaster Main Business
    Table 185. ClimateMaster Latest Developments
    Table 186. Bryant Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 187. Bryant Heat Pumps Product Portfolios and Specifications
    Table 188. Bryant Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 189. Bryant Main Business
    Table 190. Bryant Latest Developments
    Table 191. Midea Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 192. Midea Heat Pumps Product Portfolios and Specifications
    Table 193. Midea Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 194. Midea Main Business
    Table 195. Midea Latest Developments
    Table 196. GREE Electric Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 197. GREE Electric Heat Pumps Product Portfolios and Specifications
    Table 198. GREE Electric Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 199. GREE Electric Main Business
    Table 200. GREE Electric Latest Developments
    Table 201. Sirac Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 202. Sirac Heat Pumps Product Portfolios and Specifications
    Table 203. Sirac Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 204. Sirac Main Business
    Table 205. Sirac Latest Developments
    Table 206. Anywhere Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 207. Anywhere Heat Pumps Product Portfolios and Specifications
    Table 208. Anywhere Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 209. Anywhere Main Business
    Table 210. Anywhere Latest Developments
    Table 211. Fuerda Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 212. Fuerda Heat Pumps Product Portfolios and Specifications
    Table 213. Fuerda Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 214. Fuerda Main Business
    Table 215. Fuerda Latest Developments
    Table 216. Tongyi Electrical Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 217. Tongyi Electrical Heat Pumps Product Portfolios and Specifications
    Table 218. Tongyi Electrical Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 219. Tongyi Electrical Main Business
    Table 220. Tongyi Electrical Latest Developments
    Table 221. AMITIME Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 222. AMITIME Heat Pumps Product Portfolios and Specifications
    Table 223. AMITIME Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 224. AMITIME Main Business
    Table 225. AMITIME Latest Developments
    Table 226. Zhengxu Basic Information, Heat Pumps Manufacturing Base, Sales Area and Its Competitors
    Table 227. Zhengxu Heat Pumps Product Portfolios and Specifications
    Table 228. Zhengxu Heat Pumps Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2018-2023)
    Table 229. Zhengxu Main Business
    Table 230. Zhengxu Latest Developments
List of Figures
    Figure 1. Picture of Heat Pumps
    Figure 2. Heat Pumps Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Heat Pumps Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Heat Pumps Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Heat Pumps Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Air to Water Monobloc
    Figure 10. Product Picture of Air to Water Cylinder
    Figure 11. Product Picture of Ground/Water to Water
    Figure 12. Product Picture of Air to Water Split
    Figure 13. Product Picture of Exhaust Air
    Figure 14. Global Heat Pumps Sales Market Share by Type in 2022
    Figure 15. Global Heat Pumps Revenue Market Share by Type (2018-2023)
    Figure 16. Heat Pumps Consumed in Residential Heat Pumps
    Figure 17. Global Heat Pumps Market: Residential Heat Pumps (2018-2023) & (K Units)
    Figure 18. Heat Pumps Consumed in Industrial Heat Pumps
    Figure 19. Global Heat Pumps Market: Industrial Heat Pumps (2018-2023) & (K Units)
    Figure 20. Heat Pumps Consumed in Commercial Heat Pumps
    Figure 21. Global Heat Pumps Market: Commercial Heat Pumps (2018-2023) & (K Units)
    Figure 22. Global Heat Pumps Sales Market Share by Application (2022)
    Figure 23. Global Heat Pumps Revenue Market Share by Application in 2022
    Figure 24. Heat Pumps Sales Market by Company in 2022 (K Units)
    Figure 25. Global Heat Pumps Sales Market Share by Company in 2022
    Figure 26. Heat Pumps Revenue Market by Company in 2022 ($ Million)
    Figure 27. Global Heat Pumps Revenue Market Share by Company in 2022
    Figure 28. Global Heat Pumps Sales Market Share by Geographic Region (2018-2023)
    Figure 29. Global Heat Pumps Revenue Market Share by Geographic Region in 2022
    Figure 30. Americas Heat Pumps Sales 2018-2023 (K Units)
    Figure 31. Americas Heat Pumps Revenue 2018-2023 ($ Millions)
    Figure 32. APAC Heat Pumps Sales 2018-2023 (K Units)
    Figure 33. APAC Heat Pumps Revenue 2018-2023 ($ Millions)
    Figure 34. Europe Heat Pumps Sales 2018-2023 (K Units)
    Figure 35. Europe Heat Pumps Revenue 2018-2023 ($ Millions)
    Figure 36. Middle East & Africa Heat Pumps Sales 2018-2023 (K Units)
    Figure 37. Middle East & Africa Heat Pumps Revenue 2018-2023 ($ Millions)
    Figure 38. Americas Heat Pumps Sales Market Share by Country in 2022
    Figure 39. Americas Heat Pumps Revenue Market Share by Country in 2022
    Figure 40. Americas Heat Pumps Sales Market Share by Type (2018-2023)
    Figure 41. Americas Heat Pumps Sales Market Share by Application (2018-2023)
    Figure 42. United States Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 43. Canada Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 44. Mexico Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 45. Brazil Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 46. APAC Heat Pumps Sales Market Share by Region in 2022
    Figure 47. APAC Heat Pumps Revenue Market Share by Regions in 2022
    Figure 48. APAC Heat Pumps Sales Market Share by Type (2018-2023)
    Figure 49. APAC Heat Pumps Sales Market Share by Application (2018-2023)
    Figure 50. China Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Japan Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 52. South Korea Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Southeast Asia Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 54. India Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 55. Australia Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 56. China Taiwan Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 57. Europe Heat Pumps Sales Market Share by Country in 2022
    Figure 58. Europe Heat Pumps Revenue Market Share by Country in 2022
    Figure 59. Europe Heat Pumps Sales Market Share by Type (2018-2023)
    Figure 60. Europe Heat Pumps Sales Market Share by Application (2018-2023)
    Figure 61. Germany Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 62. France Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 63. UK Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 64. Italy Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 65. Russia Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 66. Middle East & Africa Heat Pumps Sales Market Share by Country in 2022
    Figure 67. Middle East & Africa Heat Pumps Revenue Market Share by Country in 2022
    Figure 68. Middle East & Africa Heat Pumps Sales Market Share by Type (2018-2023)
    Figure 69. Middle East & Africa Heat Pumps Sales Market Share by Application (2018-2023)
    Figure 70. Egypt Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 71. South Africa Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Israel Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 73. Turkey Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 74. GCC Country Heat Pumps Revenue Growth 2018-2023 ($ Millions)
    Figure 75. Manufacturing Cost Structure Analysis of Heat Pumps in 2022
    Figure 76. Manufacturing Process Analysis of Heat Pumps
    Figure 77. Industry Chain Structure of Heat Pumps
    Figure 78. Channels of Distribution
    Figure 79. Global Heat Pumps Sales Market Forecast by Region (2024-2029)
    Figure 80. Global Heat Pumps Revenue Market Share Forecast by Region (2024-2029)
    Figure 81. Global Heat Pumps Sales Market Share Forecast by Type (2024-2029)
    Figure 82. Global Heat Pumps Revenue Market Share Forecast by Type (2024-2029)
    Figure 83. Global Heat Pumps Sales Market Share Forecast by Application (2024-2029)
    Figure 84. Global Heat Pumps Revenue Market Share Forecast by Application (2024-2029)

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

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape