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Home Advanced Materials Heat Pump Market Size To reach USD 132.45 billion by 2031

Heat Pump Market

Heat Pump Market Size, Share & Trends Analysis Report By Type (Air-source heat pumps, Water-source heat pumps, Ground-source heat pumps, Hybrid heat pump, Geothermal), By End User (Industrial, Residential, Commercial) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRAM379DR
Study Period 2019-2031 CAGR 7.8%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 67.38 Billion
Forecast Year 2031 Forecast Year Market Size USD 132.45 Billion
Largest Market North America Fastest Growing Market Asia Pacific
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Market Segmentation

  1. Heat Pump Market, By Type (2021-2031)
    1. Air-source heat pumps
    2. Water-source heat pumps
    3. Ground-source heat pumps
    4. Hybrid heat pump
    5. Geothermal
  2. Heat Pump Market, By End User (2021-2031)
    1. Industrial
    2. Residential
    3. Commercial
    1. North America
      1. North America Heat Pump Market, By Type
        1. Air-source heat pumps
          1. Water-source heat pumps
            1. Ground-source heat pumps
              1. Hybrid heat pump
                1. Geothermal
                2. North America Heat Pump Market, By End User
                  1. Industrial
                    1. Residential
                      1. Commercial
                      2. U.S.
                        1. U.S. Heat Pump Market, By Type
                          1. Air-source heat pumps
                            1. Water-source heat pumps
                              1. Ground-source heat pumps
                                1. Hybrid heat pump
                                  1. Geothermal
                                  2. U.S. Heat Pump Market, By End User
                                    1. Industrial
                                      1. Residential
                                        1. Commercial
                                      2. Canada
                                    2. Europe
                                      1. Europe Heat Pump Market, By Type
                                        1. Air-source heat pumps
                                          1. Water-source heat pumps
                                            1. Ground-source heat pumps
                                              1. Hybrid heat pump
                                                1. Geothermal
                                                2. Europe Heat Pump Market, By End User
                                                  1. Industrial
                                                    1. Residential
                                                      1. Commercial
                                                      2. U.K.
                                                        1. U.K. Heat Pump Market, By Type
                                                          1. Air-source heat pumps
                                                            1. Water-source heat pumps
                                                              1. Ground-source heat pumps
                                                                1. Hybrid heat pump
                                                                  1. Geothermal
                                                                  2. U.K. Heat Pump Market, By End User
                                                                    1. Industrial
                                                                      1. Residential
                                                                        1. Commercial
                                                                      2. Germany
                                                                      3. France
                                                                      4. Spain
                                                                      5. Italy
                                                                      6. Russia
                                                                      7. Nordic
                                                                      8. Benelux
                                                                      9. Rest of Europe
                                                                    2. APAC
                                                                      1. APAC Heat Pump Market, By Type
                                                                        1. Air-source heat pumps
                                                                          1. Water-source heat pumps
                                                                            1. Ground-source heat pumps
                                                                              1. Hybrid heat pump
                                                                                1. Geothermal
                                                                                2. APAC Heat Pump Market, By End User
                                                                                  1. Industrial
                                                                                    1. Residential
                                                                                      1. Commercial
                                                                                      2. China
                                                                                        1. China Heat Pump Market, By Type
                                                                                          1. Air-source heat pumps
                                                                                            1. Water-source heat pumps
                                                                                              1. Ground-source heat pumps
                                                                                                1. Hybrid heat pump
                                                                                                  1. Geothermal
                                                                                                  2. China Heat Pump Market, By End User
                                                                                                    1. Industrial
                                                                                                      1. Residential
                                                                                                        1. Commercial
                                                                                                      2. Korea
                                                                                                      3. Japan
                                                                                                      4. India
                                                                                                      5. Australia
                                                                                                      6. Taiwan
                                                                                                      7. South East Asia
                                                                                                      8. Rest of Asia-Pacific
                                                                                                    2. Middle East and Africa
                                                                                                      1. Middle East and Africa Heat Pump Market, By Type
                                                                                                        1. Air-source heat pumps
                                                                                                          1. Water-source heat pumps
                                                                                                            1. Ground-source heat pumps
                                                                                                              1. Hybrid heat pump
                                                                                                                1. Geothermal
                                                                                                                2. Middle East and Africa Heat Pump Market, By End User
                                                                                                                  1. Industrial
                                                                                                                    1. Residential
                                                                                                                      1. Commercial
                                                                                                                      2. UAE
                                                                                                                        1. UAE Heat Pump Market, By Type
                                                                                                                          1. Air-source heat pumps
                                                                                                                            1. Water-source heat pumps
                                                                                                                              1. Ground-source heat pumps
                                                                                                                                1. Hybrid heat pump
                                                                                                                                  1. Geothermal
                                                                                                                                  2. UAE Heat Pump Market, By End User
                                                                                                                                    1. Industrial
                                                                                                                                      1. Residential
                                                                                                                                        1. Commercial
                                                                                                                                      2. Turkey
                                                                                                                                      3. Saudi Arabia
                                                                                                                                      4. South Africa
                                                                                                                                      5. Egypt
                                                                                                                                      6. Nigeria
                                                                                                                                      7. Rest of MEA
                                                                                                                                    2. LATAM
                                                                                                                                      1. LATAM Heat Pump Market, By Type
                                                                                                                                        1. Air-source heat pumps
                                                                                                                                          1. Water-source heat pumps
                                                                                                                                            1. Ground-source heat pumps
                                                                                                                                              1. Hybrid heat pump
                                                                                                                                                1. Geothermal
                                                                                                                                                2. LATAM Heat Pump Market, By End User
                                                                                                                                                  1. Industrial
                                                                                                                                                    1. Residential
                                                                                                                                                      1. Commercial
                                                                                                                                                      2. Brazil
                                                                                                                                                        1. Brazil Heat Pump Market, By Type
                                                                                                                                                          1. Air-source heat pumps
                                                                                                                                                            1. Water-source heat pumps
                                                                                                                                                              1. Ground-source heat pumps
                                                                                                                                                                1. Hybrid heat pump
                                                                                                                                                                  1. Geothermal
                                                                                                                                                                  2. Brazil Heat Pump Market, By End User
                                                                                                                                                                    1. Industrial
                                                                                                                                                                      1. Residential
                                                                                                                                                                        1. Commercial
                                                                                                                                                                      2. Mexico
                                                                                                                                                                      3. Argentina
                                                                                                                                                                      4. Chile
                                                                                                                                                                      5. Colombia
                                                                                                                                                                      6. Rest of LATAM

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