Global Cold Climate Air Source Heat Pump Market Size & Outlook
Global cold climate air source heat pump market, 2018-2030 (US$M)
Related Markets
Global cold climate air source heat pump market highlights
- The global cold climate air source heat pump market generated a revenue of USD 529.9 million in 2022 and is expected to reach USD 1,264.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 11.5% by 2030.
- In terms of segment, split systems accounted for a revenue of USD 456.0 million in 2022.
- Single Package Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 529.9 million |
| Market revenue in 2030 | USD 1,264.3 million |
| Growth rate | 11.5% (CAGR from 2022 to 2030) |
| Largest segment | Split systems |
| Fastest growing segment | Single Package Equipment |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Split Systems, Single Package Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 48.9% of the global cold climate air source heat pump market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 11.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cold Climate Air Source Heat Pump Market Scope
Cold Climate Air Source Heat Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cold climate air source heat pump market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold climate air source heat pump market will help companies and investors design strategic landscapes.
Split systems was the largest segment with a revenue share of 86.05% in 2022. Horizon Databook has segmented the Global cold climate air source heat pump market based on split systems, single package equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cold Climate Air Source Heat Pump product Outlook (Revenue, USD million, 2018-2030)
- Split Systems
- Single Package Equipment
- Global Cold Climate Air Source Heat Pump application Outlook (Revenue, USD million, 2018-2030)
- Residential
- Commercial
- Global Cold Climate Air Source Heat Pump Operation Type Outlook (Revenue, USD million, 2018-2030)
- Electric
- Hybrid
Reasons to subscribe to Global cold climate air source heat pump market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global cold climate air source heat pump market databook
-
Our clientele includes a mix of cold climate air source heat pump market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cold climate air source heat pump market , including forecasts for subscribers. This global databook contains high-level insights into Global cold climate air source heat pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cold climate air source heat pump market size, by region, 2018-2030 (US$M)
Top 10 countries: Cold climate air source heat pump market size, 2022 (US$M)
Global cold climate air source heat pump market share, by product, 2022 & 2030 (%, US$M)
Cold climate air source heat pump market: Opportunity assessment by country
Global cold climate air source heat pump market, by region, 2022 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
