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Global Heat Pump Market 2016-2020

  • September 2016
  • -
  • Infiniti Research Limited
  • -
  • 75 pages

About Heat Pumps

Heat pumps extract energy from the environment and convert it into usable energy at a higher temperature for space and water heating. They usually collect energy from the following three sources:
- Ground
- Air
- Water

Technavio’s analysts forecast the global heat pump market to grow at a CAGR of 10.25% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global heat pump market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of heat pumps in various end-user segments and the average price of various types of heat pumps.


The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Heat Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Carrier
- Daikin
- Danfoss
- Mitsubishi Electric
- NIBE


Other prominent vendors
- Airwell
- BDR Thermea
- Berliner Luft Technik
- Bosch Thermotechnology
- Bryant Heating & Cooling
- Calorex Heat Pumps
- China Yangzi
- CIAT
- Climaveneta
- Corona
- DeLclima
- Denso
- Emerson Climate Technologies
- Enertech
- Fujitsu General
- Geothermal International
- Glen Dimplex
- Goodman Global
- Gree Electric
- Haier
- Hitachi Appliances
- Ingersoll-Rand
- Johnson Controls
- Kermi
- Lennox
- LG Electronics
- LSB Industries
- Mayekawa Manufacturing
- Midea
- Nortek Global HVAC
- Panasonic
- Payne
- Rheem
- Riello
- Samsung Electronics
- Sanden
- SIRAC
- Stiebel Eltron
- Swegon
- Toshiba
- Systemair
- Vaillant
- Viessmann
- WaterFurnace International
- Waterkotte
- York

Market driver
- Growing demand for geothermal heat pumps
- For a full, detailed list, view our report

Market challenge
- Competition from refurbished pumps
- For a full, detailed list, view our report

Market trend
- Emergence of BEMS
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Table Of Contents

Global Heat Pump Market 2016-2020
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Segmentation by geography
- Vendor analysis
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Five forces analysis
PART 06: Market drivers
- Growing demand for geothermal heat pumps
- Rising global energy consumption coupled with recovery in housing sector
- Advanced features and innovations that enhance performance
- Operational benefits over conventional systems
PART 07: Impact of drivers
PART 08: Market challenges
- High upfront cost
- Competition from refurbished pumps
- Adverse impact on grid systems
PART 09: Impact of drivers and challenges
PART 10: Market trends
- Emergence of BEMS
- Federal tax credits for retrofitting
- De-super heaters for heat recovery
PART 11: Market segmentation by product
- Global heat pump market by product type
- Global air-to-water heat pump market
- Global ground/water-to-water heat pump market
- Global exhaust air heat pump market
PART 12: Geographical segmentation
- Global heat pump market by geography
- Heat pump market in EMEA
- Heat pump market in Americas
- Heat pump market in APAC
PART 13: Key leading countries
PART 14: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 15: Key vendor analysis
- Carrier Corporation
- Daikin
- Danfoss
- Mitsubishi Electric
- NIBE
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Market estimation methodology
Exhibit 02: Global heat pump market segmentation by product type
Exhibit 03: Key countries in each region
Exhibit 04: Key vendor product offerings
Exhibit 05: The working of a heat pump
Exhibit 06: Environmental impacts of heat pumps
Exhibit 07: Push and pull factors for global heat pump market
Exhibit 08: Segmentation of global heat pump market
Exhibit 09: Renewable technology development
Exhibit 10: Global GDP ($ trillions) and global electricity consumption 1990-2014 (TWh)
Exhibit 11: Global heat pump market 2015-2020 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Average construction spending by countries in APAC 2015
Exhibit 14: US residential construction, 2015
Exhibit 15: Sector-wise growth in European construction industry 2013-2020 (%)
Exhibit 16: Benefits of heat pumps
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: BEMS market forecast 2015-2020 ($ billions)
Exhibit 20: Energy Star rating requirements for geothermal heat pumps
Exhibit 21: Share of each heat pump type 2015-2020
Exhibit 22: Global air-to-water heat pump market 2015-2020 ($ billions)
Exhibit 23: Shares of different types of air-to-water heat pumps 2015 and 2020 (%)
Exhibit 24: Global ground/water-to-water heat pump market 2015-2020 ($ billions)
Exhibit 25: Exhaust air heat pump market 2015-2020 ($ billions)
Exhibit 26: Market share of key geographies
Exhibit 27: Heat pump market in EMEA 2015-2020 ($ billions)
Exhibit 28: GDP of leading countries in Europe 2012-2015
Exhibit 29: Heat pump market in Americas 2015-2020 ($ billions)
Exhibit 30: Heat pump market in APAC 2015-2020 ($ billions)
Exhibit 31: Top 5 leading countries for heat pumps, 2015-2020
Exhibit 32: Key vendorsin heat pump market
Exhibit 33: Other prominent vendors
Exhibit 34: Carrier Corporation: Business segmentation
Exhibit 35: Carrier Corporation: Heat pumps product portfolio
Exhibit 36: Daikin business segmentation 2015
Exhibit 37: Daikin: Product portfolio
Exhibit 38: Danfoss: Product portfolio
Exhibit 39: Mitsubishi Electric business segmentation
Exhibit 40: Mitsubishi: Heat pumps product portfolio
Exhibit 41: NIBE: Product portfolio

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