Industrial Heat Pumps Market

A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

Industrial Heat Pumps Market contains market size and forecasts of Industrial Heat Pumps in global, including the following market information:

Global Industrial Heat Pumps Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Industrial Heat Pumps Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Industrial Heat Pumps companies in 2021 (%)

The global Industrial Heat Pumps market was valued at 590.1 million in 2021 and is projected to reach US$ 964.6 million by 2028, at a CAGR of 7.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

70?C below Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Industrial Heat Pumps include KOBELCO, Oilon, GEA Refrigeration, Emerson Electric, Johnson Controls, Mayekawa, Star Refrigeration, OCHSNER and ENGIE Refrigeration, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Industrial Heat Pumps manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Heat Pumps Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Industrial Heat Pumps Market Segment Percentages, by Type, 2021 (%)

70?C below

70?C - 90?C

90?C - 120?C

120?C above

Global Industrial Heat Pumps Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Industrial Heat Pumps Market Segment Percentages, by Application, 2021 (%)

Chemical

Food & Beverage

Paper & Plup

Oil Refining

Metal Industry

Machinery Manufacturing

Electronics

Others

Global Industrial Heat Pumps Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Industrial Heat Pumps Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Heat Pumps revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Industrial Heat Pumps revenues share in global market, 2021 (%)

Key companies Industrial Heat Pumps sales in global market, 2017-2022 (Estimated), (Units)

Key companies Industrial Heat Pumps sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

KOBELCO

Oilon

GEA Refrigeration

Emerson Electric

Johnson Controls

Mayekawa

Star Refrigeration

OCHSNER

ENGIE Refrigeration

Friotherm

Combitherm

Frigopol

PHNIX Technology

NKXTA

Moon Environment Technology

Zhengxu New Energy Equipment Technology

Lingye Energy Saving Technology

Keling Energy Saving