Heat Pump Market Size, Share, & Industry Analysis, By Source (Air-Source, Water-Source, and Geothermal), By Capacity (Up to 10 kW, 10-20 kW, and Above 20 kW), By End-User (Residential, Commercial, and Industrial), and Regional Forecasts, 2024-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Yeay

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 10.88% from 2024 to 2032

 Unit

Value (USD Billion)

Segmentation

By Source

• Air-Source
• Water-Source
• Geothermal

By Capacity

• Up to 10 kW
• 10-20 kW
• Above 20 kW

By End-User

• Residential
• Commercial
• Industrial

By Region

• North America (By Source, Capacity, End-User, and Country)
• U.S. (By End-User)
• Canada (By End-User)
• Europe (By Source, Capacity, End-User, and Country)
• UK (By End-User)
• Germany (By End-User)
• France (By End-User)
• Italy (By End-User)
• Spain (By End-User)
• Rest of Europe (By End-User)
• Asia Pacific (By Source, Capacity, End-User, and Country)
• Japan (By End-User)
• India (By End-User)
• China (By End-User)
• Australia (By End-User)
• South Korea (By End-User)
• Rest of Asia Pacific (By End-User)
• Latin America (By Source, Capacity, End-User, and Country)
• Brazil (By End-User)
• Mexico (By End-User)
• Rest of Latin America (By End-User)
• Middle East & Africa (By Source, Capacity, End-User, and Country)
• GCC (By End-User)
• South Africa (By End-User)
• Rest of the Middle East & Africa (By End-User)