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Heat Pumps Market to show impressive growth of 9.06% CAGR during the period 2022-2027 | 114 Report Pages
The global Heat Pumps market size is expected to expand at a CAGR of 9.06% during the forecast period, reaching USD 116704.93 million by 2027 was valued at USD 69342.21 million in 2021.Heat Pumps Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Heat Pumps study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Maritime Geothermal Ltd, Heat Controller, Enertech Manufacturing, LLC, American Standard, Trane, Coldflow, Northern Heat Pump Ltd., Bard Manufacturing Company, Inc., Eagle Mountain, EarthLinked Technologies, Inc., Carrier Corporation, Miami Heat Pump, FHP Manufacturing Bosch Group, Spectrum Geothermal Manufacturing, ClimateMaster Inc., Rheem-Ruud Manufacturing, Johnson Controls, Inc., WaterFurnace, GeoSystems, LLC
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Heat Pumps Market Overviwe:
The global Heat Pumps market size was valued at USD 69342.21 million in 2021 and is expected to expand at a CAGR of 9.06% during the forecast period, reaching USD 116704.93 million by 2027.
A heat pump is a device that transfers heat energy from a source of heat to what is called a "heat sink". Heat pumps move thermal energy in the opposite direction of spontaneous heat transfer, by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses a small amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.
Market split by Type, can be divided into: -
Air Source Heat Pump (ASHP)
Ground Source Heat Pump (GSHP)
Exhaust Air Heat Pump (EAHP)
Market split by Application, can be divided into: -
Residential
Commercial
Major Key Players of the Market:
Maritime Geothermal Ltd
Heat Controller
Enertech Manufacturing, LLC
American Standard
Trane
Coldflow
Northern Heat Pump Ltd.
Bard Manufacturing Company, Inc.
Eagle Mountain
EarthLinked Technologies, Inc.
Carrier Corporation
Miami Heat Pump
FHP Manufacturing Bosch Group
Spectrum Geothermal Manufacturing
ClimateMaster Inc.
Rheem-Ruud Manufacturing
Johnson Controls, Inc.
WaterFurnace
GeoSystems, LLC
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Market segment by Region/Country including: -
-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.
Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)
Key takeaways from the Heat Pumps market report:
1. Detailed considerate of Heat Pumps market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the - In depth study of industry strategies for growth of the Heat Pumps market-leading players.
3. Heat Pumps market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Heat Pumps market for forthcoming years.
To Know How Covid-19 Pandemic Will Impact This Market
Table of Contents:
1 Heat Pumps Market Overview
1.1 Product Overview and Scope of Heat Pumps Market
1.2 Heat Pumps Market Segment by Type
1.2.1 Global Heat Pumps Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Heat Pumps Market Segment by Application
1.3.1 Heat Pumps Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Heat Pumps Market, Region Wise (2017-2027)
1.4.1 Global Heat Pumps Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Heat Pumps Market Status and Prospect (2017-2027)
1.4.3 Europe Heat Pumps Market Status and Prospect (2017-2027)
1.4.4 China Heat Pumps Market Status and Prospect (2017-2027)
1.4.5 Japan Heat Pumps Market Status and Prospect (2017-2027)
1.4.6 India Heat Pumps Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Heat Pumps Market Status and Prospect (2017-2027)
1.4.8 Latin America Heat Pumps Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Heat Pumps Market Status and Prospect (2017-2027)
1.5 Global Market Size of Heat Pumps (2017-2027)
1.5.1 Global Heat Pumps Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Heat Pumps Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Heat Pumps Market
2 Industry Outlook
2.1 Heat Pumps Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Heat Pumps Market Drivers Analysis
2.4 Heat Pumps Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Heat Pumps Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Heat Pumps Industry Development
3 Global Heat Pumps Market Landscape by Player
3.1 Global Heat Pumps Sales Volume and Share by Player (2017-2022)
3.2 Global Heat Pumps Revenue and Market Share by Player (2017-2022)
3.3 Global Heat Pumps Average Price by Player (2017-2022)
3.4 Global Heat Pumps Gross Margin by Player (2017-2022)
3.5 Heat Pumps Market Competitive Situation and Trends
3.5.1 Heat Pumps Market Concentration Rate
3.5.2 Heat Pumps Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion
4 Global Heat Pumps Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Heat Pumps Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Heat Pumps Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Heat Pumps Market Under COVID-19
4.5 Europe Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Heat Pumps Market Under COVID-19
4.6 China Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Heat Pumps Market Under COVID-19
4.7 Japan Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Heat Pumps Market Under COVID-19
4.8 India Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Heat Pumps Market Under COVID-19
4.9 Southeast Asia Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Heat Pumps Market Under COVID-19
4.10 Latin America Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Heat Pumps Market Under COVID-19
4.11 Middle East and Africa Heat Pumps Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Heat Pumps Market Under COVID-19
5 Global Heat Pumps Sales Volume, Revenue, Price Trend by Type
5.1 Global Heat Pumps Sales Volume and Market Share by Type (2017-2022)
5.2 Global Heat Pumps Revenue and Market Share by Type (2017-2022)
5.3 Global Heat Pumps Price by Type (2017-2022)
5.4 Global Heat Pumps Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Heat Pumps Sales Volume, Revenue and Growth Rate of Air Source Heat Pump (ASHP) (2017-2022)
5.4.2 Global Heat Pumps Sales Volume, Revenue and Growth Rate of Ground Source Heat Pump (GSHP) (2017-2022)
5.4.3 Global Heat Pumps Sales Volume, Revenue and Growth Rate of Exhaust Air Heat Pump (EAHP) (2017-2022)
6 Global Heat Pumps Market Analysis by Application
6.1 Global Heat Pumps Consumption and Market Share by Application (2017-2022)
6.2 Global Heat Pumps Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Heat Pumps Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Heat Pumps Consumption and Growth Rate of Residential (2017-2022)
6.3.2 Global Heat Pumps Consumption and Growth Rate of Commercial (2017-2022)
7 Global Heat Pumps Market Forecast (2022-2027)
7.1 Global Heat Pumps Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Heat Pumps Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Heat Pumps Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Heat Pumps Price and Trend Forecast (2022-2027)
7.2 Global Heat Pumps Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Heat Pumps Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Heat Pumps Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Heat Pumps Revenue and Growth Rate of Air Source Heat Pump (ASHP) (2022-2027)
7.3.2 Global Heat Pumps Revenue and Growth Rate of Ground Source Heat Pump (GSHP) (2022-2027)
7.3.3 Global Heat Pumps Revenue and Growth Rate of Exhaust Air Heat Pump (EAHP) (2022-2027)
7.4 Global Heat Pumps Consumption Forecast by Application (2022-2027)
7.4.1 Global Heat Pumps Consumption Value and Growth Rate of Residential(2022-2027)
7.4.2 Global Heat Pumps Consumption Value and Growth Rate of Commercial(2022-2027)
7.5 Heat Pumps Market Forecast Under COVID-19
8 Heat Pumps Market Upstream and Downstream Analysis
8.1 Heat Pumps Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Heat Pumps Analysis
8.6 Major Downstream Buyers of Heat Pumps Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Heat Pumps Industry
9 Players Profiles
9.1 Maritime Geothermal Ltd
9.1.1 Maritime Geothermal Ltd Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Heat Pumps Product Profiles, Application and Specification
9.1.3 Maritime Geothermal Ltd Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Heat Controller
9.2.1 Heat Controller Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Heat Pumps Product Profiles, Application and Specification
9.2.3 Heat Controller Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Enertech Manufacturing, LLC
9.3.1 Enertech Manufacturing, LLC Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Heat Pumps Product Profiles, Application and Specification
9.3.3 Enertech Manufacturing, LLC Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 American Standard
9.4.1 American Standard Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Heat Pumps Product Profiles, Application and Specification
9.4.3 American Standard Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Trane
9.5.1 Trane Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Heat Pumps Product Profiles, Application and Specification
9.5.3 Trane Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Coldflow
9.6.1 Coldflow Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Heat Pumps Product Profiles, Application and Specification
9.6.3 Coldflow Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Northern Heat Pump Ltd.
9.7.1 Northern Heat Pump Ltd. Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Heat Pumps Product Profiles, Application and Specification
9.7.3 Northern Heat Pump Ltd. Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Bard Manufacturing Company, Inc.
9.8.1 Bard Manufacturing Company, Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Heat Pumps Product Profiles, Application and Specification
9.8.3 Bard Manufacturing Company, Inc. Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 Eagle Mountain
9.9.1 Eagle Mountain Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Heat Pumps Product Profiles, Application and Specification
9.9.3 Eagle Mountain Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 EarthLinked Technologies, Inc.
9.10.1 EarthLinked Technologies, Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Heat Pumps Product Profiles, Application and Specification
9.10.3 EarthLinked Technologies, Inc. Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 Carrier Corporation
9.11.1 Carrier Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Heat Pumps Product Profiles, Application and Specification
9.11.3 Carrier Corporation Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 Miami Heat Pump
9.12.1 Miami Heat Pump Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Heat Pumps Product Profiles, Application and Specification
9.12.3 Miami Heat Pump Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 FHP Manufacturing Bosch Group
9.13.1 FHP Manufacturing Bosch Group Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Heat Pumps Product Profiles, Application and Specification
9.13.3 FHP Manufacturing Bosch Group Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 Spectrum Geothermal Manufacturing
9.14.1 Spectrum Geothermal Manufacturing Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Heat Pumps Product Profiles, Application and Specification
9.14.3 Spectrum Geothermal Manufacturing Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis
9.15 ClimateMaster Inc.
9.15.1 ClimateMaster Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.15.2 Heat Pumps Product Profiles, Application and Specification
9.15.3 ClimateMaster Inc. Market Performance (2017-2022)
9.15.4 Recent Development
9.15.5 SWOT Analysis
9.16 Rheem-Ruud Manufacturing
9.16.1 Rheem-Ruud Manufacturing Basic Information, Manufacturing Base, Sales Region and Competitors
9.16.2 Heat Pumps Product Profiles, Application and Specification
9.16.3 Rheem-Ruud Manufacturing Market Performance (2017-2022)
9.16.4 Recent Development
9.16.5 SWOT Analysis
9.17 Johnson Controls, Inc.
9.17.1 Johnson Controls, Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.17.2 Heat Pumps Product Profiles, Application and Specification
9.17.3 Johnson Controls, Inc. Market Performance (2017-2022)
9.17.4 Recent Development
9.17.5 SWOT Analysis
9.18 WaterFurnace
9.18.1 WaterFurnace Basic Information, Manufacturing Base, Sales Region and Competitors
9.18.2 Heat Pumps Product Profiles, Application and Specification
9.18.3 WaterFurnace Market Performance (2017-2022)
9.18.4 Recent Development
9.18.5 SWOT Analysis
9.19 GeoSystems, LLC
9.19.1 GeoSystems, LLC Basic Information, Manufacturing Base, Sales Region and Competitors
9.19.2 Heat Pumps Product Profiles, Application and Specification
9.19.3 GeoSystems, LLC Market Performance (2017-2022)
9.19.4 Recent Development
9.19.5 SWOT Analysis
10 Research Findings and Conclusion
11 Appendix
11.1 Methodology
11.2 Research Data Source
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