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Industrial Heat Pump Market: Market Size, Trends, Opportunities and Forecast By End-Use Industry, Capacity, System, Region, By Country: 2020-2030

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    Report

  • 301 Pages
  • June 2024
  • Region: Global
  • Azoth Analytics
  • ID: 5979080
Description Jump to:
This report highlights different factors and opportunities prevailing in the “Global Industrial Heat Pump Market (2024 Edition)”. According to the report, the Global Industrial Heat Pump Market valued at USD 9.5 Billion in 2023.

Market Overview

The Industrial Heat Pump market has experienced significant growth in recent years, driven by increasing energy efficiency requirements, advancements in heat pump technology, and expanding applications across various industrial sectors. Industrial heat pumps are systems that transfer heat from one place to another, using electricity to move heat rather than generate it directly. They are used to provide heating and cooling solutions in industries such as food and beverage, chemical, pharmaceutical, and manufacturing. The market's expansion is primarily fueled by the need for energy-efficient and environmentally friendly heating solutions.

One of the primary drivers of the Industrial Heat Pump market is the increasing emphasis on energy efficiency and sustainability. As industries seek to reduce their carbon footprint and comply with stringent environmental regulations, there is a growing demand for technologies that can provide efficient heating and cooling while minimizing energy consumption. Industrial heat pumps offer significant energy savings compared to traditional heating methods, making them an attractive option for industries aiming to enhance sustainability and reduce operational costs.

Advancements in heat pump technology have significantly impacted the Industrial Heat Pump market, leading to the development of more efficient, reliable, and versatile systems. Innovations such as high-temperature heat pumps, advanced refrigerants, and improved compressor technologies have expanded the range of applications for industrial heat pumps. These advancements enable heat pumps to operate effectively in various industrial processes, including drying, distillation, and space heating, driving market growth by meeting the diverse needs of different industries.

The increased focus on reducing greenhouse gas emissions has significantly contributed to the growth of the Industrial Heat Pump market. Governments and regulatory bodies worldwide are implementing policies and incentives to promote the adoption of energy-efficient technologies. Industrial heat pumps, by reducing reliance on fossil fuels and lowering carbon emissions, align well with these initiatives. The growing awareness of the environmental benefits of heat pumps is driving their adoption across industrial sectors.

Furthermore, the rising cost of energy is bolstering the Industrial Heat Pump market. As energy prices continue to fluctuate, industries are seeking cost-effective solutions to manage their energy consumption. Industrial heat pumps provide a reliable and efficient alternative to traditional heating systems, offering long-term savings on energy costs. The economic advantages of using heat pumps are encouraging industries to invest in this technology, supporting market growth.

Segment Insights

By Application, the food and beverage segment holds the largest market share, accounting for approximately 37.5% of the global Industrial Heat Pump market in 2023. The demand for industrial heat pumps in the food and beverage industry is driven by the need for efficient heating and cooling solutions in processes such as pasteurization, drying, and fermentation, where precise temperature control is crucial.

Geographical Insights

Europe represents the largest market for Industrial Heat Pumps in value terms, driven by stringent energy efficiency regulations, strong emphasis on sustainability, and substantial investments in green technologies. Countries like Germany, France, and the Netherlands have significant market shares due to their robust industrial bases and proactive environmental policies.

The Asia Pacific region is expected to witness the highest growth rate due to rapid industrialization, increasing energy demand, and supportive government initiatives promoting energy-efficient technologies. Countries like China, Japan, and South Korea are key players in the Industrial Heat Pump market, benefiting from large-scale manufacturing and growing environmental awareness.

Market Segmentation

By End-Use Industry:

  • Pulp and Paper Manufacturing
  • Food and Beverages
  • Chemicals
  • Lumber Drying
  • Other End-Use Industries

By Capacity:

  • Less than 500 KW
  • 500 KW to 2 MW
  • 2 MW to 5 MW
  • More than 5 MW

By System:

  • Open Cycle
  • Closed Loop

By Geography:

  • Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
  • Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
  • Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
  • Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)

Key Companies

The report assesses the competitive developments, strategies, mergers and acquisitions and new product development and market share portfolio of top 15 companies. Key companies in the Global Industrial Heat Pump Market include:

Here is the list of leading companies in the Industrial Heat Pump market:

  • Johnson Controls, Inc.
  • Carrier Global Corporation
  • NIBE Industrier AB
  • Danfoss A/S
  • Ingersoll-Rand Inc.
  • Emerson Electric Co.
  • Daikin Industries Ltd
  • Mitsubishi Electric Corporation
  • STIEBEL ELTRON GmbH and Co. KG
  • Robert Bosch GmbH
  • Other Leading Companies

Reasons to buy this report:

  • In-Depth Comparative Assessment of Top 20 Markets in the Industrial Heat Pump Industry: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
  • Comprehensive Historical, Present, and Future Analytics of the Industrial Heat Pump Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Industrial Heat Pump Market.
  • Detailed Analysis of Industrial Heat Pump Market By End-Use Industry, Capacity, and System Across 20 Countries
  • Beyond the Purchase: 90 Days of Support
  • Direct Access to Analysts: Have questions after reading the report? Our expert analysts are just a call or email away.
  • Customized Assistance: Whether you're integrating insights into your strategy or have questions about market dynamics, our team provides tailored support to meet your specific business needs.
  • Data Customization Requests: During the support period, you have the flexibility to request additional data cuts or deeper dives into specific areas of interest.
  • Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM)
  • Strategic Industry Movements: Tracking Competitive Developments and Key Players in the Market: The report covers competitive strategies, mergers & acquisitions, new developments, future plans and market share analysis of ~15 top companies


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Table of Contents

1. Market Background
1.1 Scope and Service Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
3. Global Industrial Heat Pump Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global Industrial Heat Pump Market
3.2 Industrial Heat Pump Type Matrix
3.3 Global Industrial Heat Pump Market: Dashboard
3.4 Global Industrial Heat Pump Market: Market Size and CAGR, By Value, 2020-2030 (USD Billion & CAGR)
3.5 Global Industrial Heat Pump Market: Market Value Assessment
3.6 Assessment Degree of Impact of COVID-19 on Global Industrial Heat Pump Market
3.7 Global Industrial Heat Pump Market Segmentation : By End-Use Industry
3.7.1 Global Industrial Heat Pump Market, By End-Use Industry Overview
3.7.2 Global Industrial Heat Pump Market Attractiveness Index, By End-Use Industry (2025-2030)
3.7.3 Global Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.4 Global Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.5 Global Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.6 Global Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.7 Global Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
3.8 Global Industrial Heat Pump Market Segmentation : By Capacity
3.8.1 Global Industrial Heat Pump Market, By Capacity Overview
3.8.2 Global Industrial Heat Pump Market Attractiveness Index, By Capacity (2025-2030)
3.8.3 Global Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.4 Global Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.5 Global Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.6 Global Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
3.9 Global Industrial Heat Pump Market Segmentation : By System
3.9.1 Global Industrial Heat Pump Market, By System Overview
3.9.2 Global Industrial Heat Pump Market Attractiveness Index, By System (2025-2030)
3.9.3 Global Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
3.9.4 Global Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
4. Industrial Heat Pump Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Industrial Heat Pump Market: Historic and Forecast
5.1 Americas Industrial Heat Pump Market: Snapshot
5.2 Americas Industrial Heat Pump Market: Market Size and CAGR, By Value, 2020-2030 (USD Billion & CAGR)
5.3 Americas Industrial Heat Pump Market: Key Factors
5.4 Americas Industrial Heat Pump Market: Segment Analysis
5.5 Americas Industrial Heat Pump Market Segmentation : By End-Use Industry
5.5.1 Americas Industrial Heat Pump Market, By End-Use Industry Overview
5.5.2 Americas Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.3 Americas Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.4 Americas Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.5 Americas Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.6 Americas Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
5.6 Americas Industrial Heat Pump Market Segmentation : By Capacity
5.6.1 Americas Industrial Heat Pump Market, By Capacity Overview
5.6.2 Americas Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.3 Americas Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.4 Americas Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.5 Americas Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
5.7 Americas Industrial Heat Pump Market Segmentation : By System
5.7.1 Americas Industrial Heat Pump Market, By System Overview
5.7.2 Americas Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
5.7.3 Americas Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
5.8 Americas Industrial Heat Pump Market Segmentation : By Country
5.8.1 Americas Industrial Heat Pump Market, by Country Overview
5.8.2 United States Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.2.1 United States Industrial Heat Pump Market, By End-Use Industry
5.8.2.2 United States Industrial Heat Pump Market, By Capacity
5.8.2.3 United States Industrial Heat Pump Market, By System
5.8.3 Canada Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.3.1 Canada Industrial Heat Pump Market, By End-Use Industry
5.8.3.2 Canada Industrial Heat Pump Market, By Capacity
5.8.3.3 Canada Industrial Heat Pump Market, By System
5.8.4 Brazil Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.4.1 Brazil Industrial Heat Pump Market, By End-Use Industry
5.8.4.2 Brazil Industrial Heat Pump Market, By Capacity
5.8.4.3 Brazil Industrial Heat Pump Market, By System
5.8.5 Mexico Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.5.1 Mexico Industrial Heat Pump Market, By End-Use Industry
5.8.5.2 Mexico Industrial Heat Pump Market, By Capacity
5.8.5.3 Mexico Industrial Heat Pump Market, By System
5.8.6 Rest of Americas Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.6.1 Rest of Americas Industrial Heat Pump Market, By End-Use Industry
5.8.6.2 Rest of Americas Industrial Heat Pump Market, By Capacity
5.8.6.3 Rest of Americas Industrial Heat Pump Market, By System
6. Europe Industrial Heat Pump Market: Historic and Forecast
6.1 Europe Industrial Heat Pump Market: Snapshot
6.2 Europe Industrial Heat Pump Market: Market Size and CAGR, BY Value, 2020-2030 (USD Billion & CAGR)
6.3 Europe Industrial Heat Pump Market: Key Factors
6.4 Europe Industrial Heat Pump Market: Segment Analysis
6.5 Europe Industrial Heat Pump Market Segmentation : By End-Use Industry
6.5.1 Europe Industrial Heat Pump Market, By End-Use Industry Overview
6.5.2 Europe Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.3 Europe Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.4 Europe Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.5 Europe Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.6 Europe Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
6.6 Europe Industrial Heat Pump Market Segmentation : By Capacity
6.6.1 Europe Industrial Heat Pump Market, By Capacity Overview
6.6.2 Europe Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.3 Europe Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.4 Europe Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.5 Europe Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
6.7 Europe Industrial Heat Pump Market Segmentation : By System
6.7.1 Europe Industrial Heat Pump Market, By System Overview
6.7.2 Europe Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
6.7.3 Europe Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
6.8 Europe Industrial Heat Pump Market Segmentation : By Country
6.8.1 Europe Industrial Heat Pump Market, by Country Overview
6.8.2 Russia Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.2.1 Russia Industrial Heat Pump Market, By End-Use Industry
6.8.2.2 Russia Industrial Heat Pump Market, By Capacity
6.8.2.3 Russia Industrial Heat Pump Market, By System
6.8.3 France Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.3.1 France Industrial Heat Pump Market, By End-Use Industry
6.8.3.2 France Industrial Heat Pump Market, By Capacity
6.8.3.3 France Industrial Heat Pump Market, By System
6.8.4 United Kingdom Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.4.1 United Kingdom Industrial Heat Pump Market, By End-Use Industry
6.8.4.2 United Kingdom Industrial Heat Pump Market, By Capacity
6.8.4.3 United Kingdom Industrial Heat Pump Market, By System
6.8.5 Germany Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.5.1 Germany Industrial Heat Pump Market, By End-Use Industry
6.8.5.2 Germany Industrial Heat Pump Market, By Capacity
6.8.5.3 Germany Industrial Heat Pump Market, By System
6.8.6 Italy Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.6.1 Italy Industrial Heat Pump Market, By End-Use Industry
6.8.6.2 Italy Industrial Heat Pump Market, By Capacity
6.8.6.3 Italy Industrial Heat Pump Market, By System
6.8.7 Spain Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.7.1 Spain Industrial Heat Pump Market, By End-Use Industry
6.8.7.2 Spain Industrial Heat Pump Market, By Capacity
6.8.7.3 Spain Industrial Heat Pump Market, By System
6.8.8 Turkey Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.8.1 Turkey Industrial Heat Pump Market, By End-Use Industry
6.8.8.2 Turkey Industrial Heat Pump Market, By Capacity
6.8.8.3 Turkey Industrial Heat Pump Market, By System
6.8.9 Rest of Europe Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.9.1 Rest of Europe Industrial Heat Pump Market, By End-Use Industry
6.8.9.2 Rest of Europe Industrial Heat Pump Market, By Capacity
6.8.9.3 Rest of Europe Industrial Heat Pump Market, By System
7. Asia Pacific Industrial Heat Pump Market: Historic and Forecast
7.1 Asia Pacific Industrial Heat Pump Market: Snapshot
7.2 Asia Pacific Industrial Heat Pump Market: Market Size and CAGR, By Value, 2020-2030 (USD Billion & CAGR)
7.3 Asia Pacific Industrial Heat Pump Market: Key Factors
7.4 Asia Pacific Industrial Heat Pump Market: Segment Analysis
7.5 Asia Pacific Industrial Heat Pump Market Segmentation : By End-Use Industry
7.5.1 Asia Pacific Industrial Heat Pump Market, By End-Use Industry Overview
7.5.2 Asia Pacific Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.3 Asia Pacific Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.4 Asia Pacific Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.5 Asia Pacific Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.6 Asia Pacific Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
7.6 Asia Pacific Industrial Heat Pump Market Segmentation : By Capacity
7.6.1 Asia Pacific Industrial Heat Pump Market, By Capacity Overview
7.6.2 Asia Pacific Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.3 Asia Pacific Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.4 Asia Pacific Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.5 Asia Pacific Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
7.7 Asia Pacific Industrial Heat Pump Market Segmentation : By System
7.7.1 Asia Pacific Industrial Heat Pump Market, By System Overview
7.7.2 Asia Pacific Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
7.7.3 Asia Pacific Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
7.8 Asia Pacific Industrial Heat Pump Market Segmentation : By Country
7.8.1 Asia Pacific Industrial Heat Pump Market, by Country Overview
7.8.2 China Industrial Heat Pump Market : Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.2.1 China Industrial Heat Pump Market, By End-Use Industry
7.8.2.2 China Industrial Heat Pump Market, By Capacity
7.8.2.3 China Industrial Heat Pump Market, By System
7.8.3 India Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.3.1 India Industrial Heat Pump Market, By End-Use Industry
7.8.3.2 India Industrial Heat Pump Market, By Capacity
7.8.3.3 India Industrial Heat Pump Market, By System
7.8.4 South Korea Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.4.1 South Korea Industrial Heat Pump Market, By End-Use Industry
7.8.4.2 South Korea Industrial Heat Pump Market, By Capacity
7.8.4.3 South Korea Industrial Heat Pump Market, By System
7.8.5 Japan Korea Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.5.1 Japan Industrial Heat Pump Market, By End-Use Industry
7.8.5.2 Japan Industrial Heat Pump Market, By Capacity
7.8.5.3 Japan Industrial Heat Pump Market, By System
7.8.6 Singapore Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.6.1 Singapore Industrial Heat Pump Market, By End-Use Industry
7.8.6.2 Singapore Industrial Heat Pump Market, By Capacity
7.8.6.3 Singapore Industrial Heat Pump Market, By System
7.8.7 Indonesia Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.7.1 Indonesia Industrial Heat Pump Market, By End-Use Industry
7.8.7.2 Indonesia Industrial Heat Pump Market, By Capacity
7.8.7.3 Indonesia Industrial Heat Pump Market, By System
7.8.8 Rest of Asia Pacific Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.8.1 Rest of Asia Pacific Industrial Heat Pump Market, By End-Use Industry
7.8.8.2 Rest of Asia Pacific Industrial Heat Pump Market, By Capacity
7.8.8.3 Rest of Asia Pacific Industrial Heat Pump Market, By System
8. Middle East & Africa Industrial Heat Pump Market: Historic and Forecast
8.1 Middle East & Africa Industrial Heat Pump Market: Snapshot
8.2 Middle East & Africa Industrial Heat Pump Market: Market Size and CAGR, By Value, 2020-2030 (USD Billion & CAGR)
8.3 Middle East & Africa Industrial Heat Pump Market: Key Factors
8.4 Middle East and Africa Industrial Heat Pump Market: Segment Analysis
8.5 Middle East & Africa Industrial Heat Pump Market Segmentation : By End-Use Industry
8.5.1 Middle East & Africa Industrial Heat Pump Market, By End-Use Industry Overview
8.5.2 Middle East & Africa Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.3 Middle East & Africa Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.4 Middle East & Africa Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.5 Middle East & Africa Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.6 Middle East & Africa Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
8.6 Middle East & Africa Industrial Heat Pump Market Segmentation : By Capacity
8.6.1 Middle East & Africa Industrial Heat Pump Market, By Capacity Overview
8.6.2 Middle East & Africa Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.3 Middle East & Africa Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.4 Middle East & Africa Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.5 Middle East & Africa Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
8.7 Middle East & Africa Industrial Heat Pump Market Segmentation : By System
8.7.1 Middle East & Africa Industrial Heat Pump Market, By System Overview
8.7.2 Middle East & Africa Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
8.7.3 Middle East & Africa Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
8.8 Middle East & Africa Industrial Heat Pump Market Segmentation : By Country
8.8.1 Middle East & Africa Industrial Heat Pump Market, by Country Overview
8.8.2 GCC Industrial Heat Pump Market : Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.8.2.1 GCC Industrial Heat Pump Market, By End-Use Industry
8.8.2.2 GCC Industrial Heat Pump Market, By Capacity
8.8.2.3 GCC Industrial Heat Pump Market, By System
8.8.3 Israel Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.8.3.1 Israel Industrial Heat Pump Market, By End-Use Industry
8.8.3.2 Israel Industrial Heat Pump Market, By Capacity
8.8.3.3 Israel Industrial Heat Pump Market, By System
8.8.4 South Africa Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.8.4.1 South Africa Industrial Heat Pump Market, By End-Use Industry
8.8.4.2 South Africa Industrial Heat Pump Market, By Capacity
8.8.4.3 South Africa Industrial Heat Pump Market, By System
8.8.5 Rest of Middle East and Africa Industrial Heat Pump Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.8.5.1 Rest of Middle East and Africa Industrial Heat Pump Market, By End-Use Industry
8.8.5.2 Rest of Middle East and Africa Industrial Heat Pump Market, By Capacity
8.8.5.3 Rest of Middle East and Africa Industrial Heat Pump Market, By System
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Industrial Heat Pump Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Porter Analysis
11. Competitive Positioning
11.1 Companies’ Service Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Industrial Heat Pump Market
11.4 Company Profiles
11.4.1 Johnson Controls, Inc.
11.4.2 Carrier Global Corporation
11.4.3 NIBE Industrier AB
11.4.4 Danfoss A/S
11.4.5 Ingersoll-Rand Inc.
11.4.6 Emerson Electric Co.
11.4.7 Daikin Industries Ltd
11.4.8 Mitsubishi Electric Corporation
11.4.9 STIEBEL ELTRON GmbH and Co. KG
11.4.10 Robert Bosch GmbH
11.4.11 Other Leading Companies
12. About the Publisher & Disclaimer
List of Figures
Figure 1: Industrial Heat Pump, Comparison of Leading Countries, 2023 (%)
Figure 2: Industrial Heat Pump, Comparison of Leading Countries, 2030 (%)
Figure 3: Industrial Heat Pump Type Matrix
Figure 4: Industrial Heat Pump Demand Analysis
Figure 5: Global Industrial Heat Pump Market Size, By Value, 2020-2023 (USD Billion)
Figure 6: Global Industrial Heat Pump Market Size, By Value, 2024-2030 (USD Billion)
Figure 7: Global Industrial Heat Pump Market Share, By Capacity, 2023 (%)
Figure 8: Global Industrial Heat Pump Market CAGR, 2020-2023 (%)
Figure 9: Global Industrial Heat Pump Market CAGR, 2025-2030 (%)
Figure 10: Global Industrial Heat Pump Market CAGR (%), By Region, 2020-2023, 2025-2030
Figure 11: Market Attractiveness Analysis of Global Industrial Heat Pump Market, By End-Use Industry (2025-2030)
Figure 12: Global Industrial Heat Pump Market Size, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 13: Global Industrial Heat Pump Market Absolute Opportunity, By Pulp and Paper Manufacturing, 2020-2030 (USD Billion)
Figure 14: Global Industrial Heat Pump Market Size, By Food and Beverages, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 15: Global Industrial Heat Pump Market Absolute Opportunity, By Food and Beverages, 2020-2030 (USD Billion)
Figure 16: Global Industrial Heat Pump Market Size, By Chemicals, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 17: Global Industrial Heat Pump Market Absolute Opportunity, By Chemicals, 2020-2030 (USD Billion)
Figure 18: Global Industrial Heat Pump Market Size, By Lumber Drying, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 19: Global Industrial Heat Pump Market Absolute Opportunity, By Lumber Drying, 2020-2030 (USD Billion)
Figure 20: Global Industrial Heat Pump Market Size, By Other End-Use Industries, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 21: Global Industrial Heat Pump Market Absolute Opportunity, By Other End-Use Industries, 2020-2030 (USD Billion)
Figure 22: Market Attractiveness Analysis of Global Industrial Heat Pump Market, By Capacity (2025-2030)
Figure 23: Global Industrial Heat Pump Market Size, By Less than 500 KW, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 24: Global Industrial Heat Pump Market Absolute Opportunity, By Less than 500 KW, 2020-2030 (USD Billion)
Figure 25: Global Industrial Heat Pump Market Size, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 26: Global Industrial Heat Pump Market Absolute Opportunity, By 500 KW to 2 MW, 2020-2030 (USD Billion)
Figure 27: Global Industrial Heat Pump Market Size, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 28: Global Industrial Heat Pump Market Absolute Opportunity, By 2 MW to 5 MW, 2020-2030 (USD Billion)
Figure 29: Global Industrial Heat Pump Market Size, By More than 5 MW, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 30: Global Industrial Heat Pump Market Absolute Opportunity, By More than 5 MW, 2020-2030 (USD Billion)
Figure 31: Market Attractiveness Analysis of Global Industrial Heat Pump Market, By System (2025-2030)
Figure 32: Global Industrial Heat Pump Market Size, By Open Cycle , By Value, 2020H-2030F (USD Billion & CAGR)
Figure 33: Global Industrial Heat Pump Market Absolute Opportunity, By Open Cycle , 2020-2030 (USD Billion)
Figure 34: Global Industrial Heat Pump Market Size, By Closed Loop, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 35: Global Industrial Heat Pump Market Absolute Opportunity, By Closed Loop, 2020-2030 (USD Billion)
Figure 36: Americas Industrial Heat Pump Market Size, By Value, 2020H-2030F (USD Billion)
Figure 37: Americas Industrial Heat Pump Market Share, By Capacity, 2023 (%)
Figure 38: Americas Industrial Heat Pump Market Size, By Volume, 2020-2023 (in Million Tons)
Figure 39: Americas Industrial Heat Pump Market Size, By Volume, 2024-2030 (in Million Tons)
Figure 40: Americas Industrial Heat Pump Market CAGR (%), By Region, 2020-2023, 2025-2030
Figure 41: Americas Industrial Heat Pump Market, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 42: Americas Industrial Heat Pump Market, By Food and Beverages, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 43: Americas Industrial Heat Pump Market, By Chemicals, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 44: Americas Industrial Heat Pump Market, By Lumber Drying, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 45: Americas Industrial Heat Pump Market, By Other End-Use Industries, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 46: Figure 46: Americas Industrial Heat Pump Market, By Less than 500 KW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 47: Americas Industrial Heat Pump Market, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 48: Americas Industrial Heat Pump Market, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 49: Americas Industrial Heat Pump Market, By More than 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 50: Americas Industrial Heat Pump Market, By Open Cycle , By Value, 2020H-2030F (USD Billions & CAGR)
Figure 51: Americas Industrial Heat Pump Market, By Closed Loop, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 52: United States Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 53: United States Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 54: United States Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 55: United States Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 56: United States Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 57: Canada Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 58: Canada Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 59: Canada Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 60: Canada Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 61: Canada Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 62: Brazil Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 63: Brazil Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 64: Brazil Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 65: Brazil Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 66: Brazil Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 67: Mexico Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 68: Mexico Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 69: Mexico Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 70: Mexico Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 71: Mexico Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 72: Rest of Americas Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 73: Rest of Americas Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 74: Rest of Americas Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 75: Rest of Americas Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 76: Rest of Americas Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 77: Europe Industrial Heat Pump Market Size, By Value, 2020H-2030F (USD Billion)
Figure 78: Europe Industrial Heat Pump Market Share, By Capacity, 2023 (%)
Figure 79: Europe Industrial Heat Pump Market Size, By Volume, 2020-2023 (in Million Tons)
Figure 80: Europe Industrial Heat Pump Market Size, By Volume, 2024-2030 (in Million Tons)
Figure 81: Europe Industrial Heat Pump Market CAGR (%), By Region, 2020-2023, 2025-2030
Figure 82: Europe Industrial Heat Pump Market, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 83: Europe Industrial Heat Pump Market, By Food and Beverages, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 84: Europe Industrial Heat Pump Market, By Chemicals, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 85: Europe Industrial Heat Pump Market, By Lumber Drying, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 86: Europe Industrial Heat Pump Market, By Other End-Use Industries, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 87: Europe Industrial Heat Pump Market, By Less than 500 KW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 88: Europe Industrial Heat Pump Market, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 89: Europe Industrial Heat Pump Market, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 90: Europe Industrial Heat Pump Market, By More than 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 91: Europe Industrial Heat Pump Market, By Open Cycle , By Value, 2020H-2030F (USD Billions & CAGR)
Figure 92: Europe Industrial Heat Pump Market, By Closed Loop, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 93: Russia Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 94: Russia Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 95: Russia Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 96: Russia Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 97: Russia Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 98: France Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 99: France Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 100: France Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 101: France Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 102: France Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 103: United Kingdom Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 104: United Kingdom Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 105: United Kingdom Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 106: United Kingdom Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 107: United Kingdom Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 108: Germany Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 109: Germany Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 110: Germany Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 111: Germany Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 112: Germany Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 113: Italy Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 114: Italy Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 115: Italy Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 116: Italy Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 117: Italy Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 118: Spain Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 119: Spain Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 120: Spain Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 121: Spain Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 122: Spain Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 123: Turkey Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 124: Turkey Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 125: Turkey Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 126: Turkey Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 127: Turkey Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 128: Rest of Europe Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 129: Rest of Europe Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 130: Rest of Europe Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 131: Rest of Europe Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 132: Rest of Europe Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 133: Asia Pacific Industrial Heat Pump Market Size, By Value, 2020H-2030F (USD Billion)
Figure 134: Asia Pacific Industrial Heat Pump Market Share, By Capacity, 2023 (%)
Figure 135: Asia Pacific Industrial Heat Pump Market Size, By Volume, 2020-2023 (in Million Tons)
Figure 136: Asia Pacific Industrial Heat Pump Market Size, By Volume, 2024-2030 (in Million Tons)
Figure 137: Asia Pacific Industrial Heat Pump Market CAGR (%), By Region, 2020-2023, 2025-2030
Figure 138: Asia Pacific Industrial Heat Pump Market, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 139: Asia Pacific Industrial Heat Pump Market, By Food and Beverages, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 140: Asia Pacific Industrial Heat Pump Market, By Chemicals, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 141: Asia Pacific Industrial Heat Pump Market, By Lumber Drying, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 142: Asia Pacific Industrial Heat Pump Market, By Other End-Use Industries, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 143: Asia Pacific Industrial Heat Pump Market, By Less than 500 KW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 144: Asia Pacific Industrial Heat Pump Market, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 145: Asia Pacific Industrial Heat Pump Market, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 146: Asia Pacific Industrial Heat Pump Market, By More than 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 147: Asia Pacific Industrial Heat Pump Market, By Open Cycle , By Value, 2020H-2030F (USD Billions & CAGR)
Figure 148: Asia Pacific Industrial Heat Pump Market, By Closed Loop, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 149: China Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 150: China Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 151: China Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 152: China Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 153: China Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 154: India Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 155: India Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 156: India Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 157: India Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 158: India Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 159: South Korea Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 160: South Korea Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 161: South Korea Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 162: South Korea Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 163: South Korea Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 164: Japan Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 165: Japan Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 166: Japan Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 167: Japan Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 168: Japan Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 169: Singapore Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 170: Singapore Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 171: Singapore Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 172: Singapore Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 173: Singapore Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 174: Indonesia Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 175: Indonesia Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 176: Indonesia Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 177: Indonesia Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 178: Indonesia Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 179: Rest of Asia Pacific Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 180: Rest of Asia Pacific Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 181: Rest of Asia Pacific Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 182: Rest of Asia Pacific Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 183: Rest of Asia Pacific Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 184: Middle East and Africa Industrial Heat Pump Market Size, By Value, 2020H-2030F (USD Billion)
Figure 185: Middle East and Africa Industrial Heat Pump Market Share, By Capacity, 2023 (%)
Figure 186: Middle East and Africa Industrial Heat Pump Market Size, By Volume, 2020-2023 (in Million Tons)
Figure 187: Middle East and Africa Industrial Heat Pump Market Size, By Volume, 2024-2030 (in Million Tons)
Figure 188: Middle East and Africa Industrial Heat Pump Market CAGR (%), By Region, 2020-2023, 2025-2030
Figure 189: Middle East and Africa Industrial Heat Pump Market, By Pulp and Paper Manufacturing, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 190: Middle East and Africa Industrial Heat Pump Market, By Food and Beverages, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 191: Middle East and Africa Industrial Heat Pump Market, By Chemicals, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 192: Middle East and Africa Industrial Heat Pump Market, By Lumber Drying, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 193: Middle East and Africa Industrial Heat Pump Market, By Other End-Use Industries, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 194: Middle East and Africa Industrial Heat Pump Market, By Less than 500 KW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 195: Middle East and Africa Industrial Heat Pump Market, By 500 KW to 2 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 196: Middle East and Africa Industrial Heat Pump Market, By 2 MW to 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 197: Middle East and Africa Industrial Heat Pump Market, By More than 5 MW, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 198: Middle East and Africa Industrial Heat Pump Market, By Open Cycle , By Value, 2020H-2030F (USD Billions & CAGR)
Figure 199: Middle East and Africa Industrial Heat Pump Market, By Closed Loop, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 200: GCC Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 201: GCC Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 202: GCC Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 203: GCC Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 204: GCC Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 205: Israel Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 206: Israel Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 207: Israel Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 208: Israel Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 209: Israel Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 210: South Africa Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 211: South Africa Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 212: South Africa Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 213: South Africa Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 214: South Africa Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 215: Rest of Middle East and Africa Industrial Heat Pump Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 216: Rest of Middle East and Africa Industrial Heat Pump Market Value, By System, 2023 (USD Billion)
Figure 217: Rest of Middle East and Africa Industrial Heat Pump Market Share, By End-Use Industry, By Value, 2023 (%)
Figure 218: Rest of Middle East and Africa Industrial Heat Pump Market Share, By Capacity, By Value, 2023 (%)
Figure 219: Rest of Middle East and Africa Industrial Heat Pump Market Share, By System, By Value, 2023 (%)
Figure 220: Market Share of Prominent Companies of Global Industrial Heat Pump Market, 2023 (%)
List of Tables
Table A1: Global Impact of Macro Economic Factors, By Region
Table A2: United States Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A3: United States Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A4: United States Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A5: United States Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A6: United States Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A7: United States Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A8: Canada Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A9: Canada Industrial Heat Pump Market, By End-Use Industry, By Value, 2024- 2030 (USD Billion)
Table A10: Canada Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A11: Canada Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A12: Canada Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A13: Canada Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A14: Brazil Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A15: Brazil Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A16: Brazil Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A17: Brazil Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A18: Brazil Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A19: Brazil Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A20: Mexico Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A21: Mexico Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A22: Mexico Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A23: Mexico Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A24: Mexico Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A25: Mexico Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A26: Rest of Americas Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A27: Rest of Americas Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A28: Rest of Americas Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A29: Rest of Americas Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A30: Rest of Americas Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A31: Rest of Americas Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A32: Russia Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A33: Russia Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A34: Russia Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A35: Russia Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A36: Russia Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A37: Russia Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A38: France Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A39: France Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A40: France Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A41: France Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A42: France Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A43: France Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A44: United Kingdom Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A45: United Kingdom Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A46: United Kingdom Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A47: United Kingdom Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A48: United Kingdom Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A49: United Kingdom Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A50: Germany Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A51: Germany Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A52: Germany Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A53: Germany Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A54: Germany Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A55: Germany Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A56: Italy Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A57: Italy Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A58: Italy Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A59: Italy Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A60: Italy Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A61: Italy Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A62: Spain Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A63: Spain Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A64: Spain Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A65: Spain Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A66: Spain Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A67: Spain Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A68: Turkey Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A69: Turkey Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A70: Turkey Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A71: Turkey Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A72: Turkey Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A73: Turkey Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A74: Rest of Europe Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A75: Rest of Europe Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A76: Rest of Europe Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A77: Rest of Europe Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A78: Rest of Europe Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A79: Rest of Europe Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A80: China Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A81: China Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A82: China Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A83: China Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A84: China Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A85: China Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A86: India Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A87: India Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A88: India Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A89: India Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A90: India Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A91: India Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A92: South Korea Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A93: South Korea Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A94: South Korea Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A95: South Korea Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A96: South Korea Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A97: South Korea Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A98: Japan Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A99: Japan Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A100: Japan Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A101: Japan Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A102: Japan Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A103: Japan Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A104: Singapore Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A105: Singapore Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A106: Singapore Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A107: Singapore Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A108: Singapore Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A109: Singapore Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A110: Indonesia Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A111: Indonesia Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A112: Indonesia Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A113: Indonesia Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A114: Indonesia Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A115: Indonesia Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A116: Rest of Asia Pacific Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A117: Rest of Asia Pacific Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A118: Rest of Asia Pacific Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A119: Rest of Asia Pacific Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A120: Rest of Asia Pacific Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A121: Rest of Asia Pacific Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A122: GCC Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A123: GCC Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A124: GCC Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A125: GCC Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A126: GCC Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A127: GCC Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A128: Israel Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A129: Israel Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A130: Israel Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A131: Israel Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A132: Israel Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A133: Israel Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A134: South Africa Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A135: South Africa Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A136: South Africa Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A137: South Africa Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A138: South Africa Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A139: South Africa Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)
Table A140: Rest of Middle East and Africa Industrial Heat Pump Market, By End-Use Industry, By Value, 2020-2023 (USD Billion)
Table A141: Rest of Middle East and Africa Industrial Heat Pump Market, By End-Use Industry, By Value, 2024-2030 (USD Billion)
Table A142: Rest of Middle East and Africa Industrial Heat Pump Market, By Capacity, By Value, 2020-2023 (USD Billion)
Table A143: Rest of Middle East and Africa Industrial Heat Pump Market, By Capacity, By Value, 2024-2030 (USD Billion)
Table A144: Rest of Middle East and Africa Industrial Heat Pump Market, By System, By Value, 2020-2023 (USD Billion)
Table A145: Rest of Middle East and Africa Industrial Heat Pump Market, By System, By Value, 2024-2030 (USD Billion)

Companies Mentioned

  • Johnson Controls, Inc.
  • Carrier Global Corporation
  • NIBE Industrier AB
  • Danfoss A/S
  • Ingersoll-Rand Inc.
  • Emerson Electric Co.
  • Daikin Industries Ltd
  • Mitsubishi Electric Corporation
  • STIEBEL ELTRON GmbH and Co. KG
  • Robert Bosch GmbH

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About the Industrial Heat Pumps Market

Industrial heat pumps are a category of pumps used primarily for heat transfer in various industrial applications. These heat pumps function on the principle of moving heat from one location to another, often from a lower temperature source to a higher temperature sink, thus being widely utilized for heating and cooling processes in manufacturing and production facilities. Unlike residential heat pumps, industrial heat pumps are designed to handle larger capacities and more rigorous operation conditions, including extreme temperatures and pressures, to meet the demands of industrial operations. The market for industrial heat pumps encompasses a range of technologies such as absorption heat pumps, compression heat pumps, and hybrid systems, each suitable for specific industrial needs. They play a crucial role in sectors such as chemical, paper and pulp, food and beverage, and pharmaceuticals, where thermal management is essential for process efficiency and energy conservation. The market is characterized by its focus on enhancing energy efficiency, reducing operational costs, and minimizing environmental impact, driving competition and technological innovation among manufacturers. Leading companies in the industrial heat pumps market include Carriers, DANFOSS, Trane Technologies PLC, Thermax Limited, and Mitsubishi Electric Corporation. These firms are recognized for their extensive product portfolios, advanced technological solutions, and strong distribution networks across various industries. Show Less Read more

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