Heat Pumps Market Outlook, Industry Updates, Demand, Revenue And Opportunity Forecast Till 2025

The Business Research Company offers “Heat Pumps Global Market Report 2021 - By Product Type (Air Source, Air-To-Air, Air-To-Water, Water Source, Ground Source), By Rated Capacity (Up To 10 KW, 10–20 KW, 20–30 KW, Above 30 KW), By End User (Residential, Commercial, Industrial), COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The heat pumps market report describes and explains the global heat pumps market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The heat pumps market consists of sales of heat pumps by entities (organizations, sole traders, and partnerships) that produce heat pumps which move heat from a cool space to a warm space, making the cool space cooler and the warm space warmer. Only goods and services traded between entities or sold to end consumers are included.

The global heat pumps market is expected to grow from $111.62 billion in 2020 to $116.55 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $159.43 billion in 2025 at a CAGR of 8.1%.

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Some of the major players of the heat pumps market are Daikin Industries Ltd., Carrier, NIBE, Mitsubishi Electric Corporation, LG, Johnson Controls, Hitachi, Robert Bosch GmbH, Stiebel Eltron, Ingersoll Rand, Glen Dimplex, The Viessmann Group, The Vaillant Group, Midea Group.

The countries covered in the global heat pumps market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global heat pumps market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global heat pumps market is segmented -
1) By Product Type: Air Source, Air-to-Air, Air-to-Water, Water Source, Ground Source

2) By Rated Capacity: Up to 10 kW, 10–20 kW, 20–30 kW, Above 30 kW

3) By End User: Residential, Commercial, Industrial

Read More On The Global Heat Pumps Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Heat Pumps Market Characteristics
3. Heat Pumps Market Trends And Strategies
4. Impact Of COVID-19 On Heat Pumps
5. Heat Pumps Market Size And Growth
.....
27. Heat Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Heat Pumps Market
29. Heat Pumps Market Future Outlook and Potential Analysis
30. Appendix

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