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市場調查報告書
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1406433

住宅熱泵市場 - 全球產業規模、佔有率、趨勢、機會和預測,按類型(空氣源、水源、地熱(地面)源)、容量(高達 10 kW、10 至 20 kW)、按地區,比賽,2018- 2028

Residential Heat Pumps Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Air Source, Water Source, Geothermal (Ground) Source), By Capacity (Up To 10 kW, 10 To 20 kW), By Region, Competition, 2018-2028

出版日期: | 出版商: TechSci Research | 英文 178 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022 年全球住宅熱泵市場價值為 482.6 億美元,預計在預測期內將強勁成長,到 2028 年複合CAGR為 8.0%。政府對節能解決方案和降低碳足跡的有利政策預計將推動市場發展預測期內的成長。根據美國能源部的規定,在美國購買在現有或新住宅單元中安裝了合格住宅熱泵的房產,可申請 30% 的稅收抵免。義大利的 Conto Termico 激勵計劃提供補助金,涵蓋在建築物中安裝可再生供暖系統的 30-35% 的成本。澳洲也向市政當局提供用於熱泵安裝的國家撥款。此外,熱泵產業受到原料供應的顯著影響,例如鋼鐵等金屬、黏合劑、橡膠、化學品和塑膠。因此,原料價格的波動對製造成本有直接影響,這會在一定程度上限制市場的成長。

美國大部分地區的土壤溫度冬季比空氣溫暖,夏季涼爽。地源住宅熱泵利用地面的恆溫冷卻和加熱建築物。根據環保署 (EPA) 的說法,地源熱泵是用於冷卻和供暖建築物(包括家庭、辦公室、學校和醫院)最具成本效益、環境清潔和節能的系統,因此對住宅熱泵的需求預計在預測期內美國將增加。

美國政府提供個人稅收抵免和產品安裝直接激勵措施,鼓勵熱泵的安裝。提高各產業的能源效率是世界各國政府的主要目標之一。對再生能源的需求不斷成長,加上政府以補貼、激勵措施和其他貨幣福利形式提供的廣泛支持,預計將在預測期內推動市場成長。由於人們對溫室氣體排放不利影響的認知不斷增強,空氣源技術預計將在預測期內主導美國市場。此外,人口的增加以及住房領域對環保空調的需求不斷增加預計將推動美國對空氣源技術的需求

市場概況
預測期 2024-2028
2022 年市場規模 482.6億美元
2028 年市場規模 772.7億美元
2023-2028 年CAGR 8.0%
成長最快的細分市場 10至20千瓦
最大的市場 亞太

主要市場促進因素

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
  • 涵蓋的市場
  • 研究年份
  • 主要市場區隔

第 2 章:研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章:執行摘要

第 4 章:客戶之聲

第 5 章:全球住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型(空氣源、水源、地熱(地面)源)
    • 按容量(高達 10 kW、10 至 20 kW)
    • 按地區
  • 按公司分類 (2022)
  • 市場地圖

第 6 章:北美住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按容量分類
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 7 章:亞太地區住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按容量分類
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 印尼

第 8 章:歐洲住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按容量分類
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 英國
    • 法國
    • 俄羅斯
    • 西班牙

第 9 章:南美洲住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按容量分類
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷

第 10 章:中東和非洲住宅熱泵市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 按類型
    • 按容量分類
    • 按國家/地區
  • 中東和非洲:國家分析
    • 沙烏地阿拉伯
    • 南非
    • 阿拉伯聯合大公國
    • 以色列
    • 埃及

第 11 章:市場動態

  • 促進要素
  • 挑戰

第 12 章:市場趨勢與發展

第 13 章:公司簡介

  • 阿爾派克斯泵
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 水族集團
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 光明有限公司
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • CRI泵浦私人有限公司
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 克朗普頓
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 蘿倫茲
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 丹考夫
    • Business Overview
    • Key Revenue and Financials
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 杜克普拉斯托技術私人有限公司
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 生態索奇
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services
  • 生態森解決方案
    • Business Overview
    • Key Revenue and Financials (If Available)
    • Recent Developments
    • Key Personnel
    • Key Product/Services

第 14 章:策略建議

第 15 章:關於我們與免責聲明

簡介目錄
Product Code: 19767

Global Residential Heat Pumps Market has valued at USD 48.26 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.0% through 2028, Favorable government policies for energy-efficient solutions and lowering carbon footprint are anticipated to boost market growth over the forecast period. According to the U.S. Department of Energy, a 30% tax credit can be claimed for buying a property in the U.S. that has qualified Residential Heat Pumps installed in connection with an existing or new dwelling unit. Italy's Conto Termico incentive scheme provides grants that cover 30-35% of costs of installing renewable heating systems in buildings. Australia also provides national grants to municipals for heat pump installation. Moreover, heat pump industry is significantly affected by the availability of raw materials, such as metals like iron & steel, adhesives, rubber, chemicals, and plastics. Thus, fluctuations in raw material prices have a direct impact on manufacturing costs, which can limit market growth to some extent.

The temperature of soil in most areas of the U.S. is warmer than air during winters and cooler in summers. Ground source Residential Heat Pumps use the ground's constant temperature to cool and heat buildings. According to the Environmental Protection Agency (EPA), GHPs are the most cost-effective, environmentally clean, and energy-efficient systems for cooling and heating buildings, including homes, offices, schools, and hospitals, owing to which demand for Residential Heat Pumps is expected to increase in the U.S. over the forecast period.

The U.S. government has provided personal tax credits and direct incentives on product installation, which encourage the installation of heat pumps. Improving energy efficiency across various industries is one of the major objectives of governments across the world. The rising need for renewable energy sources, along with extensive government support in the form of subsidies, incentives, and other monetary benefits, is projected to fuel market growth over the forecast period. Air Source technology is expected to dominate the market in the U.S. over the forecast period due to rising awareness about adverse effects of greenhouse gas emissions. Furthermore, increasing population along with increasing need for eco-friendly air conditioning in housing sector is expected to drive demand for air-source technology in the U.S.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 48.26 Billion
Market Size 2028USD 77.27 Billion
CAGR 2023-20288.0%
Fastest Growing Segment10 To 20 kW
Largest MarketAsia-Pacific

Key Market Drivers

As per the International Energy Agency, Residential Heat Pumps continue to cover only a small portion of domestic heat demand, while fossil fuel-based solutions accounted for roughly half of the global heating equipment sales in 2022, with majority of Residential Heat Pumps being installed in new buildings. However, various factors including regulatory development, enhanced construction requirements favoring Residential Heat Pumps in new buildings, and rising air conditioning demand are likely to boost the adoption of heat pump technologies in the coming years.

The global heat pump industry is extremely competitive, relying on technological developments and product improvements. Market players strive to attain application development to gain a competitive advantage. Furthermore, local manufacturers in Asia Pacific pose a considerable threat to the large players, in terms of product quality and price offered to customers, owing to the arability of a highly skilled workforce at low cost and low raw material cost.

Global Heat Pump Industry Growing

Residential Heat Pumps are strategically placed to benefit from the drive to environmental sustainability. Furthermore, the European Union's strategy of sector integration suggests that 65% of all commercial buildings will be heated by electricity in 2030. The data indicate that heat pump sales are only expected to grow with buildings depending on them for heating and cooling.

Furthermore, The growing demand for energy-efficient devices has been driving the deployment of technology, such as heat pumps, to provide end users with significant potential to contribute to renewable energy and climate targets across various regions worldwide.

Moreover, The growing need to curb dependence on fossil fuels and look for an energy-efficient alternative to furnaces and air conditioners is expected to boost the demand for Residential Heat Pumps over the forecast period. As Residential Heat Pumps transfer heat rather than generate heat, they can offer equivalent space conditioning at as little as one-quarter of the operating costs of conventional heating or cooling appliances.

Heating a few areas of the facility may save money on material costs for the air handler unit (AHU). However, these factors may affect the overall installation costs if Residential Heat Pumps are installed as the main heating and cooling system. While it is realistic to expect slow growth or even a decline in heat pump sales owing to the COVID-19 pandemic, government policies and consumer demand are expected to drive the sales of heat pumps.

Regulations Implemented in Different Regions Aimed At Promoting Nearly Zero Energy

The regulations implemented in different regions aimed at promoting nearly zero energy buildings are directing residential buildings to improve energy performance through efficient energy sources, such as heat pumps. Residential Heat Pumps are often used as heat sources in single-family and terraced houses. Residential Heat Pumps are also increasingly used in apartment buildings.

Further, the 2022 Building Energy Efficiency Standards (Energy Code) adopted by the California Energy Commission (CEC), which goes into effect January 1, 2023, introduced some new requirements for buildings in California, United States. According to the 2022 Energy Code, new single-family homes must have electric Residential Heat Pumps for water and air. Electric Residential Heat Pumps for space heating are also needed in all new multi-family residences.

Vendors are also focusing on residential decarbonizing to decrease CO2 emissions. For instance, in recent years, Daikin announced a four-step plan to transform residential heating and cooling. According to the company, the European building stock is responsible for approximately 36 % of all CO2 emissions in the European Union. Therefore, Residential Heat Pumps are being deployed in new residential constructions, thus, driving the need for Residential Heat Pumps in the region.

Residential construction has seen a considerable boost in many markets despite the impact of COVID-19, which also supports market growth. For instance, the German construction sector was expected to bring in sales of EUR 151 billion in 2022, up 5.5% from 2021, according to figures from the country's two leading construction associations, ZDB and HDB. The growth projection was anticipated to be led by the strong performance of the country's residential construction sector, which has remained resilient throughout the pandemic.

Further, in April 2022, Daikin announced its support for the REPowerEU, which has set a goal to boost the rollout of Residential Heat Pumps from 10 million units in 2027 to 30 million units in 2030. This is further associated with residential decarbonization as the movement can help the European Union achieve the residential sector's decarbonization goals by 2050.x

Key Market Challenges

High Initial Costs

The upfront cost of purchasing and installing heat pump systems can be higher compared to traditional heating and cooling systems, which may deter some potential customers. Despite efforts to promote energy-efficient technologies, there may still be a lack of awareness among consumers regarding the benefits of Residential Heat Pumps and how they work.

Intermittent Energy Sources: The performance of air-source Residential Heat Pumps can be affected by external factors such as extreme temperatures, which may limit their efficiency in certain climates.

Infrastructure Challenges: In some regions, the lack of infrastructure for distributing heat from centralized heat pump systems may pose a challenge to widespread adoption

Compatibility Issues: Integrating Residential Heat Pumps into existing heating and cooling systems or retrofitting older buildings can sometimes be challenging and may require additional investments.

Concerns About Refrigerants

The choice of refrigerants in Residential Heat Pumps is crucial, and there is an ongoing effort to phase out the use of certain refrigerants with high global warming potential (GWP) due to environmental concerns.

It's essential to note that the market conditions and challenges may have evolved since my last update, so I recommend checking more recent sources for the latest information on the global Residential Heat Pumps market.

Key Market Trends

Increased policy support and incentives for Residential Heat Pumps

Increased policy support and incentives for Residential Heat Pumps in light of high natural gas prices and efforts to reduce greenhouse gas emissions were key drivers behind the strong uptake. In Europe, Residential Heat Pumps enjoyed a record year, with sales growing by nearly 40%. In particular, sales of air-to-water models, which are compatible with typical radiators and underfloor heating systems, jumped by almost 50% in Europe. In the United States, heat pump purchases exceeded those of gas furnaces. However, in China, the world's largest heat pump market, sales remained stable amidst a general slowdown of the economy. Globally, heat pumps, when used as a main heating device, cover around 10% of heating needs in buildings today. This corresponds to over 100 million households, meaning that one in ten homes that require substantial heating are served by Residential Heat Pumps today. However, many more households use Residential Heat Pumps only part of the winter or as a supplementary source of heating in regions where they are mainly used for cooling buildings.

To align with all existing national energy and climate pledges worldwide, Residential Heat Pumps will have to meet nearly 20% of global heating needs in buildings by 2030. The world is almost on track to reach this milestone if new installations continue to grow at a similar rate globally as they did the last two years. However, sales need to expand by well over 15% per year this decade if the world is to achieve net zero emissions by 2050. Installations of Residential Heat Pumps remain concentrated in new buildings and existing single-family homes. Multistorey apartment buildings and commercial spaces will need to be a priority area if solid growth is to continue. Energy efficiency retrofits also need to accelerate to ensure that new Residential Heat Pumps installed in existing buildings are as efficient as possible and not oversized. This will lower upfront and operating costs for consumers and reduce strains on power systems, especially if combined with smart controls for flexible operation.

Segmental Insights

Capacity Insights

The heat pump segment with up to 10-20 kW capacity accounted for a market share of 21.3% in 2023. The growth is attributed to capacity type being suitable for a wide range of uses such as in hotels, swimming pools, factories, restaurants, and schools. The majority of heat pumps in this capacity provide quiet operation, are environment-friendly, offer high efficiency, and have a wide range of hydraulic options and communication protocols. ThermoWise, a heat pump with a 10-20 kW capacity introduced its new product DKRS-200SN4-M2. This particular product is capable of maintaining its temperature at a high 65 degrees Celsius and it widely caters to schools, prisons, and hotels, among others where higher demand for hot water is required.

Regional Insights

China is one of the significant markets for heat pumps, owing to the government's policies to support more energy-efficient infrastructure in the country, thereby augmenting the market growth. China's vast geographic area is officially divided into five primary climate zones with different thermal design requirements. Heating solutions for these regions can be tailor-made to meet the huge market opportunities.

In Japan, Residential Heat Pumps are well-known products in private and commercial settings. Various types of industries have also embraced them. This development began several decades ago and has been further pushed by energy conservation measures. These were formulated by the Agency for Natural Resources and Energy, stipulating energy conservation of 50.3 million m3 crude oil equivalent between 2013 and 2030. Such instances are likely to boost the demand for Residential Heat Pumps in the country.

Applications of Residential Heat Pumps in hotels, malls, theatres, etc., are gradually gaining traction in India. Moreover, a tremendous amount of solar energy is available in the country. According to the Ministry of New and Renewable Energy, solar power installed capacity reached around 61.97 GW as of 30th November 2022. The country stood 4th in solar PV deployment across the globe in the previous year. The system combination of solar thermal collectors and Residential Heat Pumps can be an attractive option for increasing renewable energy usage worldwide for heating and domestic hot water preparation.

In South Korea, government initiatives concerning energy-efficient solutions are driving the market growth. For instance, a study carried out by Korea's Ministry of the Environment on the Hyundai Kona Electric, and Kia Niro EV found that the heat pump significantly reduced battery consumption in cold conditions.

In Australia, the Green Building Council of Australia (GBCA) launched the Green Star certification in 2003. Additionally, the Australian Government is focused on a 26-28% reduction in greenhouse gas emissions from 2005 levels by 2030. Such instances demonstrate a significant market growth opportunity over the forecast period.

The countries considered under the rest of Asia-Pacific include Indonesia, Singapore, and Thailand. Indonesia is one of the leading geothermal energy powers in the world and has set ambitions to grow the sector further as the country embraces renewable energy sources. For instance, During the 8th Indonesia International Geothermal Convention & Exhibition (IIGCE) 2022, the Indonesian government announced that, through the General Plan for the Provision of Electricity, it had set a geothermal development target of 3.3 GW installed capacity by 2030. Such initiatives are likely to create a positive outlook for the studied market.

Key Market Players

Alpex Pumps

Aqua Group

Bright Limited

C.R.I. Pumps Private Limited

Crompton

LORENTZ

Dankoff

Duke Plasto Technique Private Limited

EcoSoach

Ecozen Solutions

Report Scope:

In this report, the Global Residential Heat Pumps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Residential Heat Pumps Market, By Type:

  • Air Source
  • Water Source
  • Geothermal (Ground) Source

Global Residential Heat Pumps Market, By Capacity:

  • Up To 10 kW
  • 10 To 20 kW

Global Residential Heat Pumps Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Europe
  • Germany
  • United Kingdom
  • France
  • Russia
  • Spain
  • South America
  • Brazil
  • Argentina
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Egypt
  • UAE
  • Israel

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Residential Heat Pumps Market .

Available Customizations:

  • Global Residential Heat Pumps Market report with the given Market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional Market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
  • 1.3. Markets Covered
  • 1.4. Years Considered for Study
  • 1.5. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

4. Voice of Customers

5. Global Residential Heat Pumps Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type (Air Source, Water Source, Geothermal (Ground) Source)
    • 5.2.2. By Capacity (Up To 10 kW, 10 To 20 kW)
    • 5.2.3. By Region
  • 5.3. By Company (2022)
  • 5.4. Market Map

6. North America Residential Heat Pumps Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type
    • 6.2.2. By Capacity
    • 6.2.3. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Residential Heat Pumps Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Type
        • 6.3.1.2.2. By Capacity
    • 6.3.2. Canada Residential Heat Pumps Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Type
        • 6.3.2.2.2. By Capacity
    • 6.3.3. Mexico Residential Heat Pumps Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Type
        • 6.3.3.2.2. By Capacity

7. Asia-Pacific Residential Heat Pumps Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type
    • 7.2.2. By Capacity
    • 7.2.3. By Country
  • 7.3. Asia-Pacific: Country Analysis
    • 7.3.1. China Residential Heat Pumps Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Type
        • 7.3.1.2.2. By Capacity
    • 7.3.2. India Residential Heat Pumps Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Type
        • 7.3.2.2.2. By Capacity
    • 7.3.3. Japan Residential Heat Pumps Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Type
        • 7.3.3.2.2. By Capacity
    • 7.3.4. South Korea Residential Heat Pumps Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Type
        • 7.3.4.2.2. By Capacity
    • 7.3.5. Indonesia Residential Heat Pumps Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Type
        • 7.3.5.2.2. By Capacity

8. Europe Residential Heat Pumps Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type
    • 8.2.2. By Capacity
    • 8.2.3. By Country
  • 8.3. Europe: Country Analysis
    • 8.3.1. Germany Residential Heat Pumps Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Type
        • 8.3.1.2.2. By Capacity
    • 8.3.2. United Kingdom Residential Heat Pumps Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Type
        • 8.3.2.2.2. By Capacity
    • 8.3.3. France Residential Heat Pumps Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Type
        • 8.3.3.2.2. By Capacity
    • 8.3.4. Russia Residential Heat Pumps Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Type
        • 8.3.4.2.2. By Capacity
    • 8.3.5. Spain Residential Heat Pumps Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Type
        • 8.3.5.2.2. By Capacity

9. South America Residential Heat Pumps Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type
    • 9.2.2. By Capacity
    • 9.2.3. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Residential Heat Pumps Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Type
        • 9.3.1.2.2. By Capacity
    • 9.3.2. Argentina Residential Heat Pumps Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Type
        • 9.3.2.2.2. By Capacity

10. Middle East & Africa Residential Heat Pumps Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type
    • 10.2.2. By Capacity
    • 10.2.3. By Country
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. Saudi Arabia Residential Heat Pumps Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Type
        • 10.3.1.2.2. By Capacity
    • 10.3.2. South Africa Residential Heat Pumps Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Type
        • 10.3.2.2.2. By Capacity
    • 10.3.3. UAE Residential Heat Pumps Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Type
        • 10.3.3.2.2. By Capacity
    • 10.3.4. Israel Residential Heat Pumps Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Type
        • 10.3.4.2.2. By Capacity
    • 10.3.5. Egypt Residential Heat Pumps Market Outlook
      • 10.3.5.1. Market Size & Forecast
        • 10.3.5.1.1. By Value
      • 10.3.5.2. Market Share & Forecast
        • 10.3.5.2.1. By Type
        • 10.3.5.2.2. By Capacity

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenge

12. Market Trends & Developments

13. Company Profiles

  • 13.1. Alpex Pumps
    • 13.1.1. Business Overview
    • 13.1.2. Key Revenue and Financials (If Available)
    • 13.1.3. Recent Developments
    • 13.1.4. Key Personnel
    • 13.1.5. Key Product/Services
  • 13.2. Aqua Group
    • 13.2.1. Business Overview
    • 13.2.2. Key Revenue and Financials
    • 13.2.3. Recent Developments
    • 13.2.4. Key Personnel
    • 13.2.5. Key Product/Services
  • 13.3. Bright Limited
    • 13.3.1. Business Overview
    • 13.3.2. Key Revenue and Financials (If Available)
    • 13.3.3. Recent Developments
    • 13.3.4. Key Personnel
    • 13.3.5. Key Product/Services
  • 13.4. C.R.I. Pumps Private Limited
    • 13.4.1. Business Overview
    • 13.4.2. Key Revenue and Financials (If Available)
    • 13.4.3. Recent Developments
    • 13.4.4. Key Personnel
    • 13.4.5. Key Product/Services
  • 13.5. Crompton
    • 13.5.1. Business Overview
    • 13.5.2. Key Revenue and Financials (If Available)
    • 13.5.3. Recent Developments
    • 13.5.4. Key Personnel
    • 13.5.5. Key Product/Services
  • 13.6. LORENTZ
    • 13.6.1. Business Overview
    • 13.6.2. Key Revenue and Financials (If Available)
    • 13.6.3. Recent Developments
    • 13.6.4. Key Personnel
    • 13.6.5. Key Product/Services
  • 13.7. Dankoff
    • 13.7.1. Business Overview
    • 13.7.2. Key Revenue and Financials
    • 13.7.3. Recent Developments
    • 13.7.4. Key Personnel
    • 13.7.5. Key Product/Services
  • 13.8. Duke Plasto Technique Private Limited
    • 13.8.1. Business Overview
    • 13.8.2. Key Revenue and Financials (If Available)
    • 13.8.3. Recent Developments
    • 13.8.4. Key Personnel
    • 13.8.5. Key Product/Services
  • 13.9. EcoSoach
    • 13.9.1. Business Overview
    • 13.9.2. Key Revenue and Financials (If Available)
    • 13.9.3. Recent Developments
    • 13.9.4. Key Personnel
    • 13.9.5. Key Product/Services
  • 13.10. Ecozen Solutions
    • 13.10.1. Business Overview
    • 13.10.2. Key Revenue and Financials (If Available)
    • 13.10.3. Recent Developments
    • 13.10.4. Key Personnel
    • 13.10.5. Key Product/Services

14. Strategic Recommendations

15. About Us & Disclaimer