Table of Content


Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Heat pump industry 360 degree synopsis, 2018 – 2028
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Heat Pump Industry Insights
3.1 Industry segmentation
3.2 Industry ecosystem analysis
3.2.1 Vendor Matrix
3.3 Innovation & sustainability landscape
3.3.1 NIBE Industrier AB
3.3.2 Vaillant
3.3.3 Modine
3.3.4 Danfoss
3.3.5 Stiebel Eltron
3.3.6 Dimplex
3.3.7 Nortek HVAC
3.3.8 Viessmann
3.3.9 Daikin
3.3.10 Carrier Corporation
3.3.11 Trane
3.3.12 Other innovations
3.4 Regulatory landscape
3.4.1 North America
3.4.1.1 Canada
3.4.1.1.1 Amendment 16 to the Energy Efficiency Regulations
3.4.1.1.2 Single package central air conditioners and heat pumps
3.4.1.1.3 CAN/CSA-C22.2 No.236-95 (R2004) - Heating and Cooling Equipment
3.4.1.2 U.S.
3.4.1.2.1 Bipartisan Budget Act of 2018
3.4.1.2.2 Fannie Mae Green Initiative
3.4.1.2.3 Massachusetts Clean Energy Centre Whole-Home Air-Source Heat Pump Pilot
3.4.1.2.4 Energy Improvement and Extension Act of 2008 (EIEA2008)
3.4.1.2.5 Air-Source Heat Pump Program
3.4.1.2.6 Residential Air Source Heat Pump Schedules and Product Codes
3.4.1.2.7 International Organization for Standardization
3.4.1.2.8 Federal Energy Management Program
3.4.2 Europe
3.4.2.1 EU Directive 2010/75/EU, 2010
3.4.2.2 Energy efficiency directive (2012/27/EU, amended by 2018/2002/EU)
3.4.2.3 Heat Pumps and EU targets
3.4.2.4 Key Laws
3.4.2.5 Energy Efficiency Plan 2011
3.4.2.6 Germany
3.4.2.6.1 German Energy Saving Ordinance (EnEV)
3.4.2.6.2 Energy Concept - The Energy Strategy
3.4.2.7 UK
3.4.2.7.1 The Renewable Heat Incentive Scheme Regulations
3.4.2.7.2 The UK’s National Energy Efficiency Action Plan
3.4.2.7.3 CRC Energy Efficiency Schemes
3.4.2.8 Ireland
3.4.2.8.1 The Heat Pump Association of Ireland
3.4.3 Asia Pacific
3.4.3.1 China
3.4.3.1.1 China Medium and Long-Term Energy Conservation Plan
3.4.3.1.2 Regulation on Energy Conservation in Civil Buildings
3.4.3.2 Australia and New Zealand
3.4.3.2.1 Greenhouse and Energy Minimum Standards (Air Conditioners and Heat Pumps) Determination 2013
3.5 COVID-19 impact on the overall industry outlook
3.5.1 Top 10 countries impacted by COVID- 19
3.5.2 Optimistic scenario
3.5.3 Realistic scenario
3.5.4 Pessimistic scenario
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 North America
3.6.1.1.1 Increasing demand for energy-efficient systems
3.6.1.1.2 Favorable measures to reduce carbon footprints
3.6.1.2 Europe
3.6.1.2.1 Positive outlook toward renewable sector
3.6.1.2.2 Surging demand for space heating
3.6.1.3 Asia Pacific
3.6.1.3.1 Rapid urbanization and commercialization
3.6.2 Industry pitfalls & challenges
3.6.2.1 High upfront cost
3.6.2.2 Low co-efficient of performance (COP) levels
3.6.2.3 Varying consumer perspectives
3.7 Growth potential analysis
3.8 Porter’s Analysis
3.8.1 Bargaining power of suppliers
3.8.2 Bargaining power of buyers
3.8.3 Threat of new entrants
3.8.4 Threat of substitutes
3.9 Competitive landscape, 2020
3.9.1 Strategy dashboard
3.9.1.1 Daikin
3.9.1.1.1 Product Launch
3.9.1.1.2 Strategic Investment
3.9.1.1.3 Acquisition
3.9.1.2 Mitsubishi Electric
3.9.1.2.1 Agreement
3.9.1.3 Carrier Corporation
3.9.1.3.1 Product Launch
3.9.1.3.2 Participation
3.9.1.4 Bosch Thermotechnik GmbH
3.9.1.4.1 Strategic Investment
3.9.1.5 Modine
3.9.1.5.1 Product Launch
3.9.1.6 Glen Dimplex
3.9.1.6.1 Acquisition
3.9.1.7 Danfoss
3.9.1.7.1 New Business Segment
3.9.1.7.2 Product Launch
3.9.1.7.3 Acquisition
3.9.1.7.4 Other initiatives
3.9.1.8 Viessmann
3.9.1.8.1 New Facility
3.9.1.8.2 Strategic Collaboration
3.9.1.8.3 Product Launch
3.9.1.9 Vaillant Group
3.9.1.9.1 Product Launch
3.9.1.9.2 New Establishment
3.9.1.10 NIBE
3.9.1.10.1 Acquisition
3.9.1.10.2 Product Launch
3.10 PESTLE Analysis
Chapter 4 Heat Pump Market, By Product
4.1 Heat pump market share by technology, 2020 & 2028
4.2 Air source
4.2.1 Global market from air source, 2018 - 2028
4.2.2 Global market from air source, by region, 2018 – 2028
4.3 Ground source
4.3.1 Global market from ground source, 2018 - 2028
4.3.2 Global market from ground source, by region, 2018 – 2028
4.4 Water source
4.4.1 Global market from water source, 2018 - 2028
4.4.2 Global market from water source, by region, 2018 – 2028
Chapter 5 Heat Pump Market, By Application
5.1 Heat pump market share by application, 2020 & 2028
5.2 Residential
5.2.1 Global market from residential, 2018 - 2028
5.2.2 Global market from residential, by region, 2018 – 2028
5.2.3 Single family
5.2.3.1 Global market from single family, 2018 - 2028
5.2.3.2 Global market from single family, by region, 2018 – 2028
5.2.4 Multi family
5.2.4.1 Global market from multi family, 2018 - 2028
5.2.4.2 Global market from multi family, by region, 2018 – 2028
5.3 Commercial
5.3.1 Global market from commercial, 2018 - 2028
5.3.2 Global market from commercial, by region, 2018 – 2028
5.3.3 Educational institutes
5.3.3.1 Global market from educational institutes, 2018 - 2028
5.3.3.2 Global market from educational institutes, by region, 2018 – 2028
5.3.4 Healthcare
5.3.4.1 Global market from healthcare, 2018 - 2028
5.3.4.2 Global market from healthcare, by region, 2018 – 2028
5.3.5 Retail
5.3.5.1 Global market from retail, 2018 - 2028
5.3.5.2 Global market from retail, by region, 2018 – 2028
5.3.6 Logistics & transportation
5.3.6.1 Global market from logistics & transportation, 2018 - 2028
5.3.6.2 Global market from logistics & transportation, by region, 2018 – 2028
5.3.7 Offices
5.3.7.1 Global market from offices, 2018 - 2028
5.3.7.2 Global market from offices, by region, 2018 – 2028
5.3.8 Hospitality
5.3.8.1 Global market from hospitality, 2018 - 2028
5.3.8.2 Global market from hospitality, by region, 2018 – 2028
5.3.9 Others
5.3.9.1 Global market from others, 2018 - 2028
5.3.9.2 Global market from others, by region, 2018 – 2028
5.4 Industrial
5.4.1 Global market from industrial, 2018 - 2028
5.4.2 Global market from industrial, by region, 2018 – 2028
Chapter 6 Heat Pump Market, By Region
6.1 Heat pump market share by region, 2020 & 2028
6.2 North America
6.2.1 North America market, 2018 – 2028
6.2.2 North America market by product, 2018 - 2028
6.2.3 North America market by application, 2018 - 2028
6.2.3.1 North America market by residential, 2018 - 2028
6.2.3.2 North America market by commercial, 2018 - 2028
6.2.4 U.S.
6.2.4.1 U.S. market, 2018 – 2028
6.2.4.2 U.S. market by product, 2018 - 2028
6.2.4.3 U.S. market by application, 2018 - 2028
6.2.4.3.1 U.S. market by residential, 2018 - 2028
6.2.4.3.2 U.S. market by commercial, 2018 - 2028
6.2.5 Canada
6.2.5.1 Canada market, 2018 – 2028
6.2.5.2 Canada market by product, 2018 - 2028
6.2.5.3 Canada market by application, 2018 - 2028
6.2.5.3.1 Canada market by residential, 2018 - 2028
6.2.5.3.2 Canada market by commercial, 2018 - 2028
6.3 Europe
6.3.1 Europe market, 2018 – 2028
6.3.2 Europe market by product, 2018 - 2028
6.3.3 Europe market by application, 2018 - 2028
6.3.3.1 Europe market by residential, 2018 - 2028
6.3.3.2 Europe market by commercial, 2018 - 2028
6.3.4 Austria
6.3.4.1 Austria market, 2018 – 2028
6.3.4.2 Austria market by product, 2018 - 2028
6.3.4.3 Austria market by application, 2018 - 2028
6.3.4.3.1 Austria market by residential, 2018 - 2028
6.3.4.3.2 Austria market by commercial, 2018 - 2028
6.3.5 Norway
6.3.5.1 Norway market, 2018 – 2028
6.3.5.2 Norway market by product, 2018 - 2028
6.3.5.3 Norway market by application, 2018 - 2028
6.3.5.3.1 Norway market by residential, 2018 - 2028
6.3.5.3.2 Norway market by commercial, 2018 - 2028
6.3.6 Denmark
6.3.6.1 Denmark market, 2018 – 2028
6.3.6.2 Denmark market by product, 2018 - 2028
6.3.6.3 Denmark market by application, 2018 - 2028
6.3.6.3.1 Denmark market by residential, 2018 - 2028
6.3.6.3.2 Denmark market by commercial, 2018 - 2028
6.3.7 Finland
6.3.7.1 Finland market, 2018 – 2028
6.3.7.2 Finland market by product, 2018 - 2028
6.3.7.3 Finland market by application, 2018 - 2028
6.3.7.3.1 Finland market by residential, 2018 - 2028
6.3.7.3.2 Finland market by commercial, 2018 - 2028
6.3.8 France
6.3.8.1 France market, 2018 – 2028
6.3.8.2 France market by product, 2018 - 2028
6.3.8.3 France market by application, 2018 - 2028
6.3.8.3.1 France market by residential, 2018 - 2028
6.3.8.3.2 France market by commercial, 2018 - 2028
6.3.9 Germany
6.3.9.1 Germany market, 2018 – 2028
6.3.9.2 Germany market by product, 2018 - 2028
6.3.9.3 Germany market by application, 2018 - 2028
6.3.9.3.1 Germany market by residential, 2018 - 2028
6.3.9.3.2 Germany market by commercial, 2018 - 2028
6.3.10 Italy
6.3.10.1 Italy market, 2018 – 2028
6.3.10.2 Italy market by product, 2018 - 2028
6.3.10.3 Italy market by application, 2018 - 2028
6.3.10.3.1 Italy market by residential, 2018 - 2028
6.3.10.3.2 Italy market by commercial, 2018 - 2028
6.3.11 Switzerland
6.3.11.1 Switzerland market, 2018 – 2028
6.3.11.2 Switzerland market by product, 2018 - 2028
6.3.11.3 Switzerland market by application, 2018 - 2028
6.3.11.3.1 Switzerland market by residential, 2018 - 2028
6.3.11.3.2 Switzerland market by commercial, 2018 - 2028
6.3.12 Spain
6.3.12.1 Spain market, 2018 – 2028
6.3.12.2 Spain market by product, 2018 - 2028
6.3.12.3 Spain market by application, 2018 - 2028
6.3.12.3.1 Spain market by residential, 2018 - 2028
6.3.12.3.2 Spain market by commercial, 2018 - 2028
6.3.13 Sweden
6.3.13.1 Sweden market, 2018 – 2028
6.3.13.2 Sweden market by product, 2018 - 2028
6.3.13.3 Sweden market by application, 2018 - 2028
6.3.13.3.1 Sweden market by residential, 2018 - 2028
6.3.13.3.2 Sweden market by commercial, 2018 - 2028
6.3.14 UK
6.3.14.1 UK market, 2018 – 2028
6.3.14.2 UK market by product, 2018 - 2028
6.3.14.3 UK market by application, 2018 - 2028
6.3.14.3.1 UK market by residential, 2018 - 2028
6.3.14.3.2 UK market by commercial, 2018 - 2028
6.3.15 Netherlands
6.3.15.1 Netherlands market, 2018 – 2028
6.3.15.2 Netherlands market by product, 2018 - 2028
6.3.15.3 Netherlands market by application, 2018 - 2028
6.3.15.3.1 Netherlands market by residential, 2018 - 2028
6.3.15.3.2 Netherlands market by commercial, 2018 - 2028
6.4 Asia Pacific
6.4.1 Asia Pacific market, 2018 – 2028
6.4.2 Asia Pacific market by product, 2018 - 2028
6.4.3 Asia Pacific market by application, 2018 - 2028
6.4.3.1 Asia Pacific market by residential, 2018 - 2028
6.4.3.2 Asia Pacific market by commercial, 2018 - 2028
6.4.4 China
6.4.4.1 China market, 2018 – 2028
6.4.4.2 China market by product, 2018 - 2028
6.4.4.3 China market by application, 2018 - 2028
6.4.4.3.1 China market by residential, 2018 - 2028
6.4.4.3.2 China market by commercial, 2018 - 2028
6.4.5 Japan
6.4.5.1 Japan market, 2018 – 2028
6.4.5.2 Japan market by product, 2018 - 2028
6.4.5.3 Japan market by application, 2018 - 2028
6.4.5.3.1 Japan market by residential, 2018 - 2028
6.4.5.3.2 Japan market by commercial, 2018 - 2028
6.4.6 Australia
6.4.6.1 Australia market, 2018 – 2028
6.4.6.2 Australia market by product, 2018 - 2028
6.4.6.3 Australia market by application, 2018 - 2028
6.4.6.3.1 Australia market by residential, 2018 - 2028
6.4.6.3.2 Australia market by commercial, 2018 - 2028
6.4.7 South Korea
6.4.7.1 South Korea market, 2018 – 2028
6.4.7.2 South Korea market by product, 2018 - 2028
6.4.7.3 South Korea market by application, 2018 - 2028
6.4.7.3.1 South Korea market by residential, 2018 - 2028
6.4.7.3.2 South Korea market by commercial, 2018 - 2028
6.5 Middle East & Africa
6.5.1 Middle East & Africa market, 2018 – 2028
6.5.2 Middle East & Africa market by product, 2018 - 2028
6.5.3 Middle East & Africa market by application, 2018 - 2028
6.5.3.1 Middle East & Africa market by residential, 2018 - 2028
6.5.3.2 Middle East & Africa market by commercial, 2018 - 2028
6.5.4 Saudi Arabia
6.5.4.1 Saudi Arabia market, 2018 – 2028
6.5.4.2 Saudi Arabia market by product, 2018 - 2028
6.5.4.3 Saudi Arabia market by application, 2018 - 2028
6.5.4.3.1 Saudi Arabia market by residential, 2018 - 2028
6.5.4.3.2 Saudi Arabia market by commercial, 2018 - 2028
6.5.5 Turkey
6.5.5.1 Turkey market, 2018 – 2028
6.5.5.2 Turkey market by product, 2018 - 2028
6.5.5.3 Turkey market by application, 2018 - 2028
6.5.5.3.1 Turkey market by residential, 2018 - 2028
6.5.5.3.2 Turkey market by commercial, 2018 - 2028
6.5.6 South Africa
6.5.6.1 South Africa market, 2018 – 2028
6.5.6.2 South Africa market by product, 2018 - 2028
6.5.6.3 South Africa market by application, 2018 - 2028
6.5.6.3.1 South Africa market by residential, 2018 - 2028
6.5.6.3.2 South Africa market by commercial, 2018 - 2028
6.6 Latin America
6.6.1 Latin America market, 2018 – 2028
6.6.2 Latin America market by product, 2018 - 2028
6.6.3 Latin America market by application, 2018 - 2028
6.6.3.1 Latin America market by residential, 2018 - 2028
6.6.3.2 Latin America market by commercial, 2018 - 2028
6.6.4 Brazil
6.6.4.1 Brazil market, 2018 – 2028
6.6.4.2 Brazil market by product, 2018 - 2028
6.6.4.3 Brazil market by application, 2018 - 2028
6.6.4.3.1 Brazil market by residential, 2018 - 2028
6.6.4.3.2 Brazil market by commercial, 2018 - 2028
6.6.5 Mexico
6.6.5.1 Mexico market, 2018 – 2028
6.6.5.2 Mexico market by product, 2018 - 2028
6.6.5.3 Mexico market by application, 2018 - 2028
6.6.5.3.1 Mexico market by residential, 2018 - 2028
6.6.5.3.2 Mexico market by commercial, 2018 - 2028
6.6.6 Argentina
6.6.6.1 Argentina market, 2018 – 2028
6.6.6.2 Argentina market by product, 2018 - 2028
6.6.6.3 Argentina market by application, 2018 - 2028
6.6.6.3.1 Argentina market by residential, 2018 - 2028
6.6.6.3.2 Argentina market by commercial, 2018 - 2028
Chapter 7 Company Profiles
7.1 Trane
7.1.1 Business Overview
7.1.2 Financial Data
7.1.3 Product Landscape
7.1.4 Strategic Outlook
7.1.5 SWOT Analysis
7.2 Vaillant Group
7.2.1 Business Overview
7.2.2 Financial Data
7.2.3 Product Landscape
7.2.4 Strategic Outlook
7.2.5 SWOT Analysis
7.3 Viessmann Limited
7.3.1 Business Overview
7.3.2 Financial Data
7.3.3 Product Landscape
7.3.4 Strategic Outlook
7.3.5 SWOT Analysis
7.4 Glen Dimplex Group
7.4.1 Business Overview
7.4.2 Financial Data
7.4.3 Product Landscape
7.4.4 Strategic Outlook
7.4.5 SWOT Analysis
7.5 Stiebel Eltron GmbH & Co.
7.5.1 Business Overview
7.5.2 Financial Data
7.5.3 Product Landscape
7.5.4 Strategic Outlook
7.5.5 SWOT Analysis
7.6 Bosch Thermotechnik GmbH
7.6.1 Business Overview
7.6.2 Financial Data
7.6.3 Product Landscape
7.6.4 Strategic Outlook
7.6.5 SWOT Analysis
7.7 Danfoss
7.7.1 Business Overview
7.7.2 Financial Data
7.7.3 Product Landscape
7.7.4 Strategic Outlook
7.7.5 SWOT Analysis
7.8 Daikin
7.8.1 Business Overview
7.8.2 Financial Data
7.8.3 Product Landscape
7.8.4 Strategic Outlook
7.8.5 SWOT Analysis
7.9 Carrier Corporation
7.9.1 Business Overview
7.9.2 Financial Data
7.9.3 Product Landscape
7.9.4 Strategic Outlook
7.9.5 SWOT Analysis
7.10 NIBE Industrier AB
7.10.1 Business Overview
7.10.2 Financial Data
7.10.3 Product Landscape
7.10.4 Strategic Outlook
7.10.5 SWOT Analysis
7.11 MODINE Manufacturing Company
7.11.1 Business Overview
7.11.2 Financial Data
7.11.3 Product Landscape
7.11.4 Strategic Outlook
7.11.5 SWOT Analysis
7.12 Bryant Heating & Cooling Systems
7.12.1 Business Overview
7.12.2 Financial Data
7.12.3 Product Landscape
7.12.4 SWOT Analysis
7.13 Bard HVAC
7.13.1 Business Overview
7.13.2 Financial Data
7.13.3 Product Landscape
7.13.4 SWOT Analysis
7.14 Green Planet Supply Technologies
7.14.1 Business Overview
7.14.2 Product Landscape
7.14.3 SWOT Analysis
7.15 Earthlinked Technologies
7.15.1 Business Overview
7.15.2 Financial Data
7.15.3 Product Landscape
7.15.4 SWOT Analysis
7.16 OCHSNER Warmepumpen
7.16.1 Business Overview
7.16.2 Financial Data
7.16.3 Product Landscape
7.16.4 Strategic Outlook
7.16.6 SWOT Analysis
7.17 Mitsubishi Electric Corporation
7.17.1 Business Overview
7.17.2 Financial Data
7.17.3 Product Landscape
7.17.4 Strategic Outlook
7.17.5 SWOT Analysis
7.18 Nortek Global HVAC
7.18.1 Business Overview
7.18.2 Financial Data
7.18.3 Product Landscape
7.18.4 Strategic Outlook
7.18.5 SWOT Analysis
7.19 WOLF GmbH
7.19.1 Business Overview
7.19.2 Financial Data
7.19.3 Product Landscape
7.19.4 SWOT Analysis
7.20 The Weishaupt Group
7.20.1 Business Overview
7.20.2 Financial Data
7.20.3 Product Landscape
7.20.4 Strategic Outlook
7.20.5 SWOT Analysis
7.21 Finn Geotherm UK Limited
7.21.1 Business Overview
7.21.2 Financial Data
7.21.3 Product Landscape
7.21.4 SWOT Analysis
7.22 Kensa Heat Pumps
7.22.1 Business Overview
7.22.2 Financial Data
7.22.3 Product Landscape
7.22.4 Strategic Outlook
7.22.5 SWOT Analysis
7.23 Swegon Group AB
7.23.1 Business Overview
7.23.2 Financial Data
7.23.3 Product Landscape
7.23.4 Strategic Outlook
7.23.5 SWOT Analysis
7.24 Thermic Energy RZ GmbH
7.24.1 Business Overview
7.24.2 Financial Data
7.24.3 Product Landscape
7.24.4 SWOT Analysis
7.25 Solarbayer GmbH
7.25.1 Business Overview
7.25.2 Financial Data
7.25.3 Product Landscape
7.25.4 SWOT Analysis