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Industrial Heat Pump Market Share

  • Report ID: GMI5253
  • Published Date: May 2023
  • Report Format: PDF

Industrial Heat Pump Market Share

Continuous initiatives to boost the manufacturing capabilities, introduction of new & advanced products, and focus towards initiating new strategic ventures including mergers, acquisitions, and partnerships are among the key factors shaping the industrial heat pump industry dynamics. The key players working across the industry includes

  • GEA Group Aktiengesellschaft
  • MAN Energy Solutions
  • Siemens Energy
  • Johnson Controls
  • Atlas Copco AB
  • Carrier
  • Daikin Applied Europe S.p.A.
  • Trane Technologies International Limited
  • OCHSNER
  • Piller Blowers & Compressors GmbH
  • Qvantum Energi AB
  • WATERKOTTE
  • Emerson Electric Co.
  • Swegon Ltd
  • Oilon Group Oy
Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of industrial heat pump market exceeded USD 1.4 billion in 2023 and is poised to expand at 5.5% CAGR from 2024 to 2032, fueled by stringent government regulations to reduce the carbon footprint across industrial operations.

The industrial heat pump industry in Europe is estimated to generate more than USD 760 million in revenue by 2032 on account of the positive outlook toward the deployment of renewable energy systems.

The closed cycle mechanical heat pump segment is set to gain notable momentum by 2032, owing to their ability to provide process water heating and effluent concentration across multiple industrial sectors.

GEA Group Aktiengesellschaft, MAN Energy Solutions, Siemens Energy, Johnson Controls, Atlas Copco AB, Carrier, Daikin Applied Europe S.p.A., Trane Technologies International Limited, OCHSNER, Piller Blowers & Compressors GmbH, Qvantum Energi AB, WATERKOTTE, Emerson Electric Co., Swegon Ltd, and Oilon Group Oy, are some of the major companies in the global industrial heat pump industry.

Industrial Heat Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 1100
  • Countries covered: 20
  • Pages: 740
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