How big is the Global Heat Pumps Market?

The Global Heat Pumps Market size is expected to reach USD 68.71 billion in 2024 and grow at a CAGR of 9.80% to reach USD 109.66 billion by 2029. Read More

What is the current Global Heat Pumps Market size?

In 2024, the Global Heat Pumps Market size is expected to reach USD 68.71 billion. Read More

Who are the key players in Global Heat Pumps Market?

Trane Inc. (Trane Technologies PLC), Midea Group, NIBE Group, Panasonic Corporation and Mitsubishi Electric Corporation are the major companies operating in the Global Heat Pumps Market. Read More

Which is the fastest growing region in Global Heat Pumps Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Heat Pumps Market?

In 2024, the Asia Pacific accounts for the largest market share in Global Heat Pumps Market. Read More

What years does this Global Heat Pumps Market cover, and what was the market size in 2023?

In 2023, the Global Heat Pumps Market size was estimated at USD 61.98 billion. The report covers the Global Heat Pumps Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Heat Pumps Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Heat Pumps Market?

The key factors driving the Heat Pumps Market growth are: a) Stringent government regulations on energy consumption b) Rising energy costs c) Increasing awareness of renewable energy sources among consumers d) Increasing Demand for Energy Efficient Solutions Read More

Global Heat Pumps Companies - Top Company List

Global Heat Pumps Companies

This report lists the top Global Heat Pumps companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Global Heat Pumps industry.