Global Residential Heat Pump Market Size & Outlook
Global residential heat pump market, 2015-2025 (US$M)
Related Markets
Global residential heat pump market highlights
- The global residential heat pump market generated a revenue of USD 8,202.0 million in 2018 and is expected to reach USD 17,572.6 million by 2025.
- The market is expected to grow at a CAGR (2019 - 2025) of 11.5% by 2025.
- In terms of segment, air to air accounted for a revenue of USD 5,468.7 million in 2018.
- Air to Air is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2018.
- Country-wise, South Africa is expected to register the highest CAGR from 2019 to 2025.
Global data book summary
| Market revenue in 2018 | USD 8,202.0 million |
| Market revenue in 2025 | USD 17,572.6 million |
| Growth rate | 11.5% (CAGR from 2018 to 2025) |
| Largest segment | Air to air |
| Fastest growing segment | Air to Air |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air to Air, Water Source |
Other key industry trends
- In terms of revenue, the North America accounted for 25.7% of the global residential heat pump market in 2018.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 164.4 million by 2025.
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Residential Heat Pump Market Scope
Residential Heat Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global residential 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 residential heat pump market will help companies and investors design strategic landscapes.
Air to air was the largest segment with a revenue share of 66.68% in 2018. Horizon Databook has segmented the Global residential heat pump market based on air to air, water source covering the revenue growth of each sub-segment from 2015 to 2025.
- Global Residential Heat Pump Technology Outlook (Revenue, USD Million, 2015-2025)
- Air to Air
- Water Source
- Others
- Global Residential Heat Pump Power Source Outlook (Revenue, USD Million, 2015-2025)
- Electric Powered
- Gas Powered
- Others
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Target buyers of Global residential heat pump market databook
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Our clientele includes a mix of residential heat pump market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global residential heat pump market , including forecasts for subscribers. This global databook contains high-level insights into Global residential heat pump market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Global residential heat pump market size, by regions, 2015-2025 (US$M)
Top 10 countries: Residential heat pump market size, 2018 (US$M)
Global residential heat pump market share, by technology, 2018 & 2025 (%, US$M)
Residential heat pump market: Opportunity assessment by country
Global residential heat pump market, by region, 2018 (US$M)
Related regional statistics
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