Heat Pumps Market Size, Share, Demand, Report, Forecast 2024-2032 - PowerPoint PPT Presentation

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Heat Pumps Market Size, Share, Demand, Report, Forecast 2024-2032

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The global heat pumps market size reached US$ 59.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 125.0 Billion by 2032, exhibiting a growth rate (CAGR) of 8.4% during 2024-2032. – PowerPoint PPT presentation

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Title: Heat Pumps Market Size, Share, Demand, Report, Forecast 2024-2032


1
Global Heat Pumps Market Research and Forecast
Report 2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • IMARC Group is a global management consulting
    firm that helps the worlds most ambitious
    changemakers to create a lasting impact. Across
    the six major continents and 100 countries, we
    work alongside our business partners as one team
    with a common ambition to achieve unparallelled
    results, gain a competitive edge, and transform
    industries. IMARC Group excels in understanding
    its clients business priorities and delivering
    tailored solutions that drive meaningful
    outcomes. Our client base spans over 3,000
    organizations in the private, public, and social
    sectors, ranging from high-growth startups to
    Fortune 500 companies.
  • We provide a comprehensive suite of market entry
    and expansion services. Our offerings include
    thorough market assessment, feasibility studies,
    company incorporation assistance, factory setup
    support, regulatory approvals and licensing
    navigation, branding, marketing and sales
    strategies, competitive landscape and
    benchmarking analyses, pricing and cost research,
    and procurement research. These services are
    designed to assist companies in evaluating market
    opportunities, setting up new entities,
    navigating regulatory landscapes, boosting brand
    visibility, analyzing competitors, and optimizing
    procurement strategies.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Heat Pumps Market Industry Trends,
    Share, Size, Growth, Opportunity and Forecast
    2024-2032, The global heat pumps market size
    reached US 59.2 Billion in 2023.
  • Heat pumps refer to devices that transfer heat
    from one place to another by circulating
    refrigerant through a cycle of condensation and
    evaporation. These pumps comprise numerous
    components, including condensers, compressors,
    evaporators and expansion valves, for their
    efficient functioning. The compressor is utilized
    to pump the refrigerant between two heat
    exchanger coils, wherein the refrigerant is
    evaporated at low pressure in one coil and is
    further condensed at high pressure in the other
    coil. These pumps are used to warm homes during
    winters and make the spaces cooler during warm
    and hot conditions. Since these systems are
    extremely energy efficient in nature, require
    lesser maintenance and are much safer to use as
    compared to combustion-based heating systems,
    they are gaining widespread preference on the
    global level.
  • Looking forward, IMARC Group expects the market
    to reach US 125.0 Billion by 2032, exhibiting a
    growth rate (CAGR) of 8.4 during 2024-2032.
  • Request for a PDF sample of this report
  • https//www.imarcgroup.com/heat-pumps-market/reque
    stsample

4
Report Description
  • Global Heat Pumps Market Trends
  • The global market is primarily driven by the
    increasing sales of heating, ventilation, and air
    conditioning (HVAC) systems. Altering global
    climatic conditions and improving standards of
    living have increased the uptake of these
    systems, thereby impelling the demand for heat
    pumps. Apart from this, steadily increasing
    population, rapid urbanization and inflating per
    capita income levels have created the need for
    the expansion of residential spaces. This trend,
    coupled with the rising trend of renovation and
    modernization across the residential and
    commercial sectors, is boosting the sales of
    these pumps on a global level. Moreover, the
    widespread adoption of green buildings, owing to
    an enhanced preference for sustainable
    development among the masses, is expected to
    create a positive outlook for the market growth.
  • Furthermore, since these pumps have an efficient
    conversion rate of energy to heat, and their
    utilization reduces carbon emissions, governments
    of various countries, such as the United States,
    are undertaking initiatives to promote their
    usage and offering numerous benefits on their
    installation. In confluence with this, the
    growing popularity of dual source heat pumps
    (DSHP) among users, owing to their improved
    efficiency and performance, is further
    facilitating the market growth.
  • View Report, TOC, Figures and Tables
    https//www.imarcgroup.com/heat-pumps-market

5
Report Segmentation
  • Breakup by Rated Capacity
  • Up to 10 kW
  • 1020 kW
  • 2030 kW
  • Above 30 kW
  • Breakup by Product Type
  • Air Source Heat Pump
  • Ground Source Heat Pump
  • Water Source Heat Pump
  • Exhaust Air Heat Pump
  • Others

6
Report Segmentation
  • Breakup by End Use Sector
  • Residential
  • Commercial
  • Hospitality
  • Retail
  • Education
  • Food Beverage
  • Paper Pulp
  • Chemicals Petrochemicals
  • Others
  • Breakup by Region
  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Middle East and Africa

7
Competitive Landscape
  • Aditya Birla Management Corporation Pvt. Ltd.
  • Borregaard AS
  • Domtar Corporation
  • Green Agrochem
  • Ingevity Corporation
  • Merck KGaA
  • Nippon Paper Industries Co. Ltd.
  • Rayonier Advanced Materials
  • Stora Enso Oyj
  • The Dallas Group of America Inc.
  • West Fraser Timber Co. Ltd.
  • Wuhan East China Chemical Co. Ltd.

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Heat Pumps Market 5.1 Market
Overview 5.2 Market Performance 5.3
Impact of COVID-19 5.4 Market Breakup by
Rated Capacity 5.5 Market Breakup by
Product Type 5.6 Market Breakup by End Use
Sector 5.7 Market Breakup by Region
5.8 Market Forecast 6 SWOT Analysis 6.1
Overview 6.2 Strengths 6.3
Weaknesses 6.4 Opportunities 6.5
Threats 7 Value Chain Analysis 8 Porters
Five Forces Analysis
11
Table of Contents
8.1 Overview 8.2 Bargaining Power
of Buyers 8.3 Bargaining Power of
Suppliers 8.4 Degree of Competition
8.5 Threat of New Entrants 8.6 Threat
of Substitutes 9 Market Breakup by Rated
Capacity 9.1 Up to 10 kW 9.1.1
Market Trends 9.1.2 Market Forecast
9.2 1020 kW 9.2.1 Market Trends
9.2.2 Market Forecast 9.3 2030
kW 9.3.1 Market Trends 9.3.2
Market Forecast 9.4 Above 30 kW
9.4.1 Market Trends 9.4.2 Market
Forecast 10 Market Breakup by Product Type
10.1 Air Source Heat Pump 10.1.1
Market Trends 10.1.2 Market Forecast
10.2 Ground Source Heat Pump 10.2.1
Market Trends 10.2.2 Market
Forecast 10.3 Water Source Heat Pump
10.3.1 Market Trends 10.3.2
Market Forecast 10.4 Exhaust Air Heat
Pump 10.4.1 Market Trends
12
Table of Contents
10.4.2 Market Forecast 10.5
Others 10.5.1 Market Trends
10.5.2 Market Forecast 11 Market Breakup by
End Use Sector 11.1 Residential
11.1.1 Market Trends 11.1.2 Market
Forecast 11.2 Commercial 11.2.1
Market Trends 11.2.2 Market Forecast
11.3 Hospitality 11.3.1 Market
Trends 11.3.2 Market Forecast 11.4
Retail 11.4.1 Market Trends
11.4.2 Market Forecast 11.5 Education
11.5.1 Market Trends 11.5.2
Market Forecast 11.6 Food Beverage
11.6.1 Market Trends 11.6.2
Market Forecast 11.7 Paper Pulp
11.7.1 Market Trends 11.7.2 Market
Forecast 11.8 Chemicals Petrochemicals
11.8.1 Market Trends 11.8.2
Market Forecast 11.9 Others 11.9.1
Market Trends 11.9.2 Market Forecast
13
Table of Contents
12 Market Breakup by Region 12.1 Europe
12.1.1 Market Trends 12.1.2
Market Forecast 12.2 North America
12.2.1 Market Trends 12.2.2 Market
Forecast 12.3 Asia Pacific 12.3.1
Market Trends 12.3.2 Market
Forecast 12.4 Middle East and Africa
12.4.1 Market Trends 12.4.2
Market Forecast 12.5 Latin America
12.5.1 Market Trends 12.5.2 Market
Forecast 13 Price Analysis 14 Competitive
Landscape 14.1 Market Structure 14.2
Key Players 14.3 Profiles of Key Players
14.3.1 Daikin Industries, Ltd
14.3.2 Mitsubishi Electric Corporation
14.3.3 MIDEA GROUP 14.3.4 NIBE
Industrier AB, Corp 14.3.5 Ingersoll
Rand 14.3.6 Danfoss 14.3.7
Panasonic Corporation 14.3.8 GDC Group
Limited 14.3.9 Viessmann Manufacturing
Company Inc 14.3.10 Robert Bosch GmbH
14.3.11 United Technologies Corporation
14
Table of Contents
For more information, visit
https//www.imarcgroup.com/heat-pumps-market/toc
15
Partial List of Clients
16
Partial List of Clients
17
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

18
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