The Heat Pumps Global Market Report 2023, provides comprehensive information on the heat pumps market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/heat-pumps-global-market-report
As per The Business Research Company’s Heat Pumps Global Market Report 2023, the market size is expected to grow from $115.74 billion in 2022 to $127.71 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global heat pumps is expected to grow to $160.04 billion in 2027 at a CAGR of 5.8%.
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The heat pumps market is segmented:
1) By Product Type: Air Source, Air-to-Air, Air-to-Water, Water Source, Ground Source
2) By Rated Capacity: Up to 10 kW, 10–20 kW, 20–30 kW, Above 30 kW
3) By End User: Residential, Commercial, Industrial
Asia-Pacific was the largest region in the heat pumps market in 2022.
The table of contents in TBRC’s heat pumps market report includes:
- Executive Summary
- Heat Pumps Market Characteristics
- Heat Pumps Market Trends And Strategies
- Heat Pumps Market – Macro Economic Scenario
- Heat Pumps Market Size And Growth
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- Key Mergers And Acquisitions In The Heat Pumps Market
- Heat Pumps Market Future Outlook and Potential Analysis
- Appendix
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