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The industrial heat pumps market is forecast to grow by USD 689.3 million during 2023-2028, accelerating at a CAGR of 5.58% during the forecast period. The report on the industrial heat pumps market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising focus on improving energy efficiency by industries, growing focus on high-temperature heat pumps, and emerging regulations and increasing government initiatives to reduce emissions.
The industrial heat pumps market is segmented as below:
By End-user
- Paper and pulp
- Food and beverage
- Chemical
- Automotive
- Others
By Type
- Air-to-air heat pumps
- Air-to-water heat pumps
- Water source heat pumps
- Ground source heat pumps
- Hybrid heat pumps
By Geography
- Europe
- APAC
- North America
- Middle East and Africa
- South America
The report on the industrial heat pumps market covers the following areas:
- Industrial heat pumps market sizing
- Industrial heat pumps market forecast
- Industrial heat pumps market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial heat pumps market: Bard HVAC, Carrier Global Corp., Daikin Industries Ltd., Danfoss AS, Emerson Electric Co., Johnson Controls International Plc., Lennox International Inc., LG Electronics Inc., MAYEKAWA MFG. CO. LTD., Meier Tobler AG, Mitsubishi Electric Corp., NIBE Industrier AB, OCHSNER Warmepumpen GmbH, Oilon Group Oy, Rheem Manufacturing Co., Robert Bosch GmbH, Robur Spa, Sirac Air Conditioning Equipments Co. Ltd., Systemair AB, and Toshiba Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of smart heat pumps."
According to the report, one of the major drivers for this market is the rising focus on improving energy efficiency by industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bard HVAC
- Carrier Global Corp.
- Daikin Industries Ltd.
- Danfoss AS
- Emerson Electric Co.
- Johnson Controls International Plc.
- Lennox International Inc.
- LG Electronics Inc.
- MAYEKAWA MFG. CO. LTD.
- Meier Tobler AG
- Mitsubishi Electric Corp.
- NIBE Industrier AB
- OCHSNER Warmepumpen GmbH
- Oilon Group Oy
- Rheem Manufacturing Co.
- Robert Bosch GmbH
- Robur Spa
- Sirac Air Conditioning Equipments Co. Ltd.
- Systemair AB
- Toshiba Corp.
