Product Code: o&s1327
Heat pumps are devices that transfer heat energy from one location to another, typically from outside to inside a building, to provide heating and cooling. They are an integral part of the HVAC (Heating, Ventilation and Air Conditioning) industry and are used in various settings to maintain comfortable indoor temperatures and improve energy efficiency.
The heat pumps market consists of sales, by entities (organizations, sole traders and partnerships), of heat pumps that primarily utilized by homeowners, commercial property managers and industrial facilities seeking sustainable and cost-effective climate control solutions.
The global heat pumps market was valued at $61,641.15 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 7.0%.
Increasing Focus On Renewable Energy
During the historic period, an increasing focus on renewable energy supported the growth of the heat pumps market. Heat pumps represent a highly energy-efficient solution that aligns with global sustainability and renewable energy objectives. As governments and organizations increasingly prioritize renewable energy sources and aim to reduce carbon emissions, heat pumps have emerged as a compelling choice due to their superior efficiency and reduced environmental impact compared to conventional heating systems. According to reports published by the European Environment Agency, a Denmark-based government organization, the share of renewable energy in the European Union reached 22.5% in 2022, representing a slight increase of 0.6% compared to 2021. Renewable consumption saw a modest growth of 1.4 million metric tons of oil equivalent (Mtoe) between 2021 and 2022. Therefore, increasing focus on renewable energy drove the growth of the heat pumps market.
Revolutionizing Residential Heating With Advanced Digital Heat Pumps
Companies in the heat pumps market are focusing on revolutionizing residential heating with advanced digital heat pumps which contribute to the reduction of carbon emissions and promote sustainable energy use. For example, in March 2024, Aira, a Sweden-based clean energy technology company, introduced an advanced heat pump designed to accelerate the electrification of residential heating across Europe. This cutting-edge heat pump adopts a digital-first approach, enabling customers to manage all settings through a thermostat and smart app from any location. It incorporates 'Aira Intelligence,' a suite of smart, connected features that adapts to customers' routines to optimize heating and hot water schedules. This intelligent system offers up to 40% savings on heating costs and reduces household CO2 emissions by at least 75% from the outset.
The global heat pumps market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 26.93% of the total market in 2023.
Heat Pumps Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global heat pumps market as it emerges from the COVID-19 shut down.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Where is the largest and fastest-growing market for heat pumps? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The heat pumps market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider heat pumps market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product type, by rated capacity and by end user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the heat pumps market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product type, by rated capacity and by end user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for heat pumps providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Product Type: Air Source; Water Source; Ground Source
- 2) By Rated Capacity: Up To 10 KW (Kilowatt); 10-20 KW; 20-30 KW; Above 30 KW
- 3) By End User: Residential; Commercial; Industrial
- Companies Mentioned: Johnson Controls International plc; Carrier Corporation; Daikin Industries Ltd.; Hitachi Ltd.; Systemair AB
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; heat pumps indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1 Executive Summary
- 1.1 Heat Pumps - Market Attractiveness And Macro Economic Landscape
2 Table Of Contents
3 List Of Tables
4 List Of Figures
5 Report Structure
6 Market Characteristics
- 6.1 General Market Definition
- 6.2 Summary
- 6.3 Heat Pumps Market Definition And Segmentations
- 6.4 Market Segmentation By Product Type
- 6.4.1 Air Source
- 6.4.2 Water Source
- 6.4.3 Ground Source
- 6.5 Market Segmentation By Rated Capacity
- 6.5.1 Up To 10 KW
- 6.5.2 10-20 KW
- 6.5.3 20-30 KW
- 6.5.4 Above 30 KW
- 6.6 Market Segmentation By End User
- 6.6.1 Residential
- 6.6.2 Commercial
- 6.6.3 Industrial
7 Major Market Trends
- 7.1 Innovative Plug-And-Play CO2 Heat Pumps For Commercial Use
- 7.2 Revolutionizing Residential Heating With Advanced Digital Heat Pumps
- 7.3 Introduction Of Advanced Commercial Air Source Heat Pumps
- 7.4 Focus On High-Efficiency Compact Heat Pumps With Superior Performance
- 7.5 Innovative Hybrid Solutions For Sustainable Home Heating
- 7.6 Focus On Enhanced User Experience With New Integrated Heat Pump Systems
- 7.7 New Heat Pump Series To Enhance Efficiency For Commercial Upgrades
8 Heat Pumps Market - Macro-Economic Scenario
- 8.1 COVID-19 Impact On The Heat Pumps Market
- 8.2 Impact Of The War In Ukraine On The Heat Pumps Market
- 8.3 Impact Of High Inflation On The Heat Pumps Market
9 Global Market Size and Growth
- 9.1 Market Size
- 9.2 Historic Market Growth, 2018 - 2023, Value ($ Million)
- 9.2.1 Market Drivers 2018 - 2023
- 9.2.2 Market Restraints 2018 - 2023
- 9.3 Forecast Market Growth, 2023 - 2028, 2033F Value ($ Million)
- 9.3.1 Market Drivers 2023 - 2028
- 9.3.2 Market Restraints 2023 - 2028
10 Global Heat Pumps Market Segmentation
- 10.1 Global Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 10.2 Global Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 10.3 Global Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
11 Heat Pumps Market, Regional and Country Analysis
- 11.1 Global Heat Pumps Market, By Region, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 11.2 Global Heat Pumps Market, By Country, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12 Asia-Pacific Market
- 12.1 Summary
- 12.2 Market Overview
- 12.2.1 Region Information
- 12.2.2 Market Information
- 12.2.3 Background Information
- 12.2.4 Government Initiatives
- 12.2.5 Regulations
- 12.2.6 Regulatory Bodies
- 12.2.7 Major Associations
- 12.2.8 Taxes Levied
- 12.2.9 Corporate Tax Structure
- 12.2.10 Investments
- 12.2.11 Major Companies
- 12.3 Asia-Pacific Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.4 Asia-Pacific Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.5 Asia-Pacific Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.6 Asia-Pacific Heat Pumps Market: Country Analysis
- 12.7 China Market
- 12.8 Summary
- 12.9 Market Overview
- 12.9.1 Country Information
- 12.9.2 Market Information
- 12.9.3 Background Information
- 12.9.4 Government Initiatives
- 12.9.5 Regulations
- 12.9.6 Regulatory Bodies
- 12.9.7 Major Associations
- 12.9.8 Taxes Levied
- 12.9.9 Corporate Tax Structure
- 12.9.10 Investments
- 12.9.11 Major Companies
- 12.10 China Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.11 China Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.12 China Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.13 India Market
- 12.14 India Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.15 India Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.16 India Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.17 Japan Market
- 12.18 Japan Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.19 Japan Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.20 Japan Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.21 Australia Market
- 12.22 Australia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.23 Australia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.24 Australia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.25 Indonesia Market
- 12.26 Indonesia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.27 Indonesia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.28 Indonesia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.29 South Korea Market
- 12.30 South Korea Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.31 South Korea Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.32 South Korea Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13 Western Europe Market
- 13.1 Summary
- 13.2 Market Overview
- 13.2.1 Region Information
- 13.2.2 Market Information
- 13.2.3 Background Information
- 13.2.4 Government Initiatives
- 13.2.5 Regulations
- 13.2.6 Regulatory Bodies
- 13.2.7 Major Associations
- 13.2.8 Taxes Levied
- 13.2.9 Corporate Tax Structure
- 13.2.10 Investments
- 13.2.11 Major Companies
- 13.3 Western Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.4 Western Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.5 Western Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.6 Western Europe Heat Pumps Market: Country Analysis
- 13.7 UK Market
- 13.8 UK Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.9 UK Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.10 UK Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.11 Germany Market
- 13.12 Germany Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.13 Germany Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.14 Germany Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.15 France Market
- 13.16 France Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.17 France Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.18 France Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.19 Italy Market
- 13.20 Italy Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.21 Italy Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.22 Italy Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.23 Spain Market
- 13.24 Spain Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.25 Spain Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.26 Spain Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14 Eastern Europe Market
- 14.1 Summary
- 14.2 Market Overview
- 14.2.1 Region Information
- 14.2.2 Market Information
- 14.2.3 Background Information
- 14.2.4 Government Initiatives
- 14.2.5 Regulations
- 14.2.6 Regulatory Bodies
- 14.2.7 Major Associations
- 14.2.8 Taxes Levied
- 14.2.9 Corporate Tax Structure
- 14.2.10 Investments
- 14.2.11 Major Companies
- 14.3 Eastern Europe Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.4 Eastern Europe Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.5 Eastern Europe Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.6 Eastern Europe Heat Pumps Market: Country Analysis
- 14.7 Russia Market
- 14.8 Russia Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.9 Russia Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.10 Russia Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15 North America Market
- 15.1 Summary
- 15.2 Market Overview
- 15.2.1 Region Information
- 15.2.2 Market Information
- 15.2.3 Background Information
- 15.2.4 Government Initiatives
- 15.2.5 Regulations
- 15.2.6 Regulatory Bodies
- 15.2.7 Major Associations
- 15.2.8 Taxes Levied
- 15.2.9 Corporate Tax Structure
- 15.2.10 Investments
- 15.2.11 Major Companies
- 15.3 North America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.4 North America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.5 North America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.6 North America Heat Pumps Market: Country Analysis
- 15.7 USA Market
- 15.8 Summary
- 15.9 Market Overview
- 15.9.1 Country Information
- 15.9.2 Market Information
- 15.9.3 Background Information
- 15.9.4 Government Initiatives
- 15.9.5 Regulations
- 15.9.6 Regulatory Bodies
- 15.9.7 Major Associations
- 15.9.8 Taxes Levied
- 15.9.9 Corporate Tax Structure
- 15.9.10 Investments
- 15.9.11 Major Companies
- 15.10 USA Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.11 USA Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.12 USA Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.13 Canada Market
- 15.14 Canada Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.15 Canada Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.16 Canada Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16 South America Market
- 16.1 Summary
- 16.2 Market Overview
- 16.2.1 Region Information
- 16.2.2 Market Information
- 16.2.3 Background Information
- 16.2.4 Government Initiatives
- 16.2.5 Regulations
- 16.2.6 Regulatory Bodies
- 16.2.7 Major Associations
- 16.2.8 Taxes Levied
- 16.2.9 Corporate Tax Structure
- 16.2.10 Major Companies
- 16.3 South America Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.4 South America Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.5 South America Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.6 South America Heat Pumps Market: Country Analysis
- 16.7 Brazil Market
- 16.8 Brazil Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.9 Brazil Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.10 Brazil Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17 Middle East Market
- 17.1 Summary
- 17.2 Market Overview
- 17.2.1 Region Information
- 17.2.2 Market Information
- 17.2.3 Background Information
- 17.2.4 Government Initiatives
- 17.2.5 Regulations
- 17.2.6 Regulatory Bodies
- 17.2.7 Major Associations
- 17.2.8 Taxes Levied
- 17.2.9 Corporate Tax Structure
- 17.2.10 Investments
- 17.2.11 Major Companies
- 17.3 Middle East Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 17.4 Middle East Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 17.5 Middle East Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18 Africa Market
- 18.1 Summary
- 18.2 Market Overview
- 18.2.1 Region Information
- 18.2.2 Market Information
- 18.2.3 Background Information
- 18.2.4 Government Initiatives
- 18.2.5 Regulations
- 18.2.6 Regulatory Bodies
- 18.2.7 Major Associations
- 18.2.8 Taxes Levied
- 18.2.9 Corporate Tax Structure
- 18.2.10 Investments
- 18.2.11 Major Companies
- 18.3 Africa Heat Pumps Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 18.4 Africa Heat Pumps Market, Segmentation By Rated Capacity, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 18.5 Africa Heat Pumps Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
19 Competitive Landscape And Company Profiles
- 19.1 Company Profiles
- 19.2 Johnson Controls International PLC
- 19.2.1 Company Overview
- 19.2.2 Products And Services
- 19.2.3 Business Strategy
- 19.2.4 Financial Overview
- 19.3 Carrier Global Corporation
- 19.3.1 Company Overview
- 19.3.2 Products And Services
- 19.3.3 Business Strategy
- 19.3.4 Financial Overview
- 19.4 Daikin Industries Ltd
- 19.4.1 Company Overview
- 19.4.2 Products And Services
- 19.4.3 Business Strategy
- 19.4.4 Financial Overview
- 19.5 Hitachi Ltd
- 19.5.1 Company Overview
- 19.5.2 Products And Services
- 19.5.3 Business Strategy
- 19.5.4 Financial Overview
- 19.6 Systemair AB
- 19.6.1 Company Overview
- 19.6.2 Products And Services
- 19.6.3 Financial Overview
20 Other Major And Innovative Companies
- 20.1 Trane Technologies plc
- 20.1.1 Company Overview
- 20.1.2 Products And Services
- 20.2 LG Electronics Inc
- 20.2.1 Company Overview
- 20.2.2 Products And Services
- 20.3 Panasonic Corporation
- 20.3.1 Company Overview
- 20.3.2 Products And Services
- 20.4 Mitsubishi Electric Corporation
- 20.4.1 Company Overview
- 20.4.2 Products And Services
- 20.5 Samsung Electronics Co. Ltd
- 20.5.1 Company Overview
- 20.5.2 Products And Services
- 20.6 Rheem Manufacturing Company
- 20.6.1 Company Overview
- 20.6.2 Products And Services
- 20.7 FlaktGroup Holding GmbH
- 20.7.1 Company Overview
- 20.7.2 Products And Services
- 20.8 Stiebel Eltron India Pvt. Ltd
- 20.8.1 Company Overview
- 20.8.2 Products And Services
- 20.9 Schwank Ltd
- 20.9.1 Company Overview
- 20.9.2 Products And Services
- 20.10 Guangdong New Energy Technology Development Co. Ltd
- 20.10.1 Company Overview
- 20.10.2 Products And Services
- 20.11 The Whalen Company
- 20.11.1 Company Overview
- 20.11.2 Products And Services
- 20.12 Fujitsu General Limited
- 20.12.1 Company Overview
- 20.12.2 Products And Services
- 20.13 Hitecsa
- 20.13.1 Company Overview
- 20.13.2 Products And Services
- 20.14 MTA S.p.A.
- 20.14.1 Company Overview
- 20.14.2 Products And Services
- 20.15 Teddington-France
- 20.15.1 Company Overview
- 20.15.2 Products And Services
21 Competitive Benchmarking
22 Competitive Dashboard
23 Key Mergers And Acquisitions
- 23.1 DAIKIN Acquired Robert Heath Heating
- 23.2 2G Energy AG Acquired NRGTEQ
- 23.3 Smart Metering Systems Acquired Evergreen Energy
- 23.4 Solex Thermal Science Acquired Econotherm
- 23.5 Solar A/S Acquired ThermoNova
- 23.6 Johnson Controls International PLC Acquired Hybrid Energy AS
- 23.7 Reliance Steel & Aluminum Acquired Merfish United
- 23.8 Boyd Acquired ThermaMasters
24 Opportunities And Strategies
- 24.1 Global Heat Pumps Market In 2028 - Countries Offering Most New Opportunities
- 24.2 Global Heat Pumps Market In 2028 - Segments Offering Most New Opportunities
- 24.3 Global Heat Pumps Market In 2028 - Growth Strategies
- 24.3.1 Market Trend Based Strategies
- 24.3.2 Competitor Strategies
25 Heat Pumps Market, Conclusions And Recommendations
- 25.1 Conclusions
- 25.2 Recommendations
- 25.2.1 Product
- 25.2.2 Place
- 25.2.3 Price
- 25.2.4 Promotion
- 25.2.5 People
26 Appendix
- 26.1 Geographies Covered
- 26.2 Market Data Sources
- 26.3 Research Methodology
- 26.4 Currencies
- 26.5 The Business Research Company
- 26.6 Copyright and Disclaimer