Global heat pumps market is expected to reach USD 98.39 billion by 2025, at a CAGR of 9.2% between 2019 and 2025.
Heat Pumps Market
The report covers a forecast and an analysis of the Heat Pumps Market on a global and regional level. The study provides historical data from 2016 to 2018 with a forecast from 2019 to 2025 based on both volume (Units) and revenue (USD Billion). The study covers the key drivers and restraints of the heat pumps market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the heat pumps market on a global level.
In order to offer the users of this report, a comprehensive view of the heat pumps market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the heat pumps market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked to support their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the global heat pumps market. The report also covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the heat pumps market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on type, the global market includes air-to-air and air-to-water. Based on application, the market includes residential, commercial, and industrial. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. These regions are sub-divided into major countries, such as the U.S., UK, Germany, Canada, France, China, Japan, and Brazil.
Some key manufacturers in the global heat pumps market are Vaillant, Trane, Glen Dimplex, Stiebel Eltron, Green Planet Supply Technologies, Viessmann, Bosch Thermotechnology, Daikin, Modine, Carrier, Mitsubishi Electric, Nortek, Kensa Heat Pumps, Thermic Energy, and Solarbayer.
This report segments the global heat pumps market into: