The Europe Heat Pump Market would witness market growth of 8% CAGR during the forecast period (2019-2025). Increased demand for energy-efficient components is expected to lead the market over the coming years. A rise in the energy consumption across the residential and industrial sectors is expected to drive competition for energy-efficient products and technologies that minimize operational costs and increase energy savings.
A heat pump is an electrical device that extracts heat from one location and transfers it to another. Heat pumps are not a new technology; it has existed in the market for a long time. Popular examples of this technology are air conditioners and refrigerators. Heat pumps pass heat by circulating refrigerant through the evaporation and condensation process. The compressor pumps refrigerant between two heat exchanger coils. The refrigerant is evaporated in one coil at low pressure and retains heat from its atmosphere. The refrigerant is then compressed in the direction of the other coil in which it condenses at high pressure. At this stage, the heat stored earlier in the process is released.
Based on Technology, the market is segmented into Air Source, Water Source and Ground Source. Based on Application, the market is segmented into Residential, Industrial and Commercial. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include United Technologies Corporation (Carrier Corporation), Daikin Industries Ltd., NIBE Industrier AB, Viessmann Group, Ingersoll-Rand PLC, Stiebel Eltron GmbH & Co. KG, Robert Bosch GmbH (Bosch Thermotechnology Corporation), Panasonic Corporation, Mitsubishi Electric Corporation and The Glen Dimplex Group.
Scope of the Heat Pump Market Analysis
Market Segmentation:
By Technology
- Air Source
- Water Source
- Ground Source
By Application
- Residential
- Industrial
- Commercial
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- United Technologies Corporation (Carrier Corporation)
- Daikin Industries Ltd.
- NIBE Industrier AB
- Viessmann Group
- Ingersoll-Rand PLC
- Stiebel Eltron GmbH & Co. KG
- Robert Bosch GmbH (Bosch Thermotechnology Corporation)
- Panasonic Corporation
- Mitsubishi Electric Corporation
- The Glen Dimplex Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Heat Pump Market, by Technology
1.4.2 Europe Heat Pump Market, by Application
1.4.3 Europe Heat Pump Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Market Analysis
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Product Launches: 2019-Aug: 2015-Aug) Leading Players
Chapter 4. Europe Heat Pump Market by Technology
4.1 Europe Air Source Heat Pump Market by Country
4.2 Europe Water Source Heat Pump Market by Country
4.3 Europe Ground Source Heat Pump Market by Country
Chapter 5. Europe Heat Pump Market by Application
5.1 Europe Residential Heat Pump Market by Country
5.2 Europe Industrial Heat Pump Market by Country
5.3 Europe Commercial Heat Pump Market by Country
Chapter 6. Europe Heat Pump Market by Country
6.1 Germany Heat Pump Market
6.1.1 Germany Heat Pump Market by Technology
6.1.2 Germany Heat Pump Market by Application
6.2 UK Heat Pump Market
6.2.1 UK Heat Pump Market by Technology
6.2.2 UK Heat Pump Market by Application
6.3 France Heat Pump Market
6.3.1 France Heat Pump Market by Technology
6.3.2 France Heat Pump Market by Application
6.4 Russia Heat Pump Market
6.4.1 Russia Heat Pump Market by Technology
6.4.2 Russia Heat Pump Market by Application
6.5 Spain Heat Pump Market
6.5.1 Spain Heat Pump Market by Technology
6.5.2 Spain Heat Pump Market by Application
6.6 Italy Heat Pump Market
6.6.1 Italy Heat Pump Market by Technology
6.6.2 Italy Heat Pump Market by Application
6.7 Rest of Europe Heat Pump Market
6.7.1 Rest of Europe Heat Pump Market by Technology
6.7.2 Rest of Europe Heat Pump Market by Application
Chapter 7. Company Profiles
7.1 United Technologies Corporation (Carrier Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product launches:
7.1.6 SWOT Anlaysis
7.2 Daikin Industries Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Collaborations, partnerships and agreements:
7.2.5.2 Product launches:
7.2.5.3 Acquisition and mergers:
7.2.5.4 Expansions:
7.2.6 SWOT Analysis
7.3 NIBE Industrier AB
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product launches:
7.3.5.2 Acquisition and mergers:
7.3.5.3 Expansions:
7.4 Viessmann Group
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Collaborations, partnerships and agreements:
7.4.2.2 Product launches:
7.5 Ingersoll-Rand PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Collaborations, partnerships and agreements:
7.5.5.2 Acquisition and mergers:
7.5.5.3 Product launches:
7.5.6 SWOT Analysis
7.6 Stiebel Eltron GmbH & Co. KG
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Collaborations, partnerships and agreements:
7.6.2.2 Acquisition and mergers:
7.6.2.3 Product launches:
7.7 Robert Bosch GmbH (Bosch Thermotechnology Corporation)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Collaborations, partnerships and agreements:
7.7.5.2 Product launches:
7.7.5.3 Acquisition and mergers:
7.7.6 SWOT Analysis
7.8 Panasonic Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Collaborations, partnerships and agreements:
7.8.5.2 Product launches:
7.8.5.3 Acquisition and mergers:
7.8.5.4 Expansions:
7.8.6 SWOT Analysis
7.9 Mitsubishi Electric Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Acquisition and mergers:
7.9.5.2 Product launches:
7.9.6 SWOT Analysis
7.1 The Glen Dimplex Group
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Acquisition and mergers:
7.10.2.2 Product launches:
TABLE 1 Europe Heat Pump Market, 2015 - 2018, USD Million
TABLE 2 Europe Heat Pump Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Heat Pump Market
TABLE 4 Product Launches And Expansions- Heat Pump Market
TABLE 5 Mergers & Acquisitions - Heat Pump Market
TABLE 6 Europe Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 7 Europe Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 8 Europe Air Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 9 Europe Air Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 10 Europe Water Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 11 Europe Water Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 12 Europe Ground Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 13 Europe Ground Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 14 Europe Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 15 Europe Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 16 Europe Residential Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 17 Europe Residential Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 18 Europe Industrial Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 19 Europe Industrial Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 20 Europe Commercial Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 21 Europe Commercial Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 22 Europe Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 23 Europe Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 24 Germany Heat Pump Market, 2015 - 2018, USD Million
TABLE 25 Germany Heat Pump Market, 2019 - 2025, USD Million
TABLE 26 Germany Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 27 Germany Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 28 Germany Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 29 Germany Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 30 UK Heat Pump Market, 2015 - 2018, USD Million
TABLE 31 UK Heat Pump Market, 2019 - 2025, USD Million
TABLE 32 UK Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 33 UK Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 34 UK Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 35 UK Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 36 France Heat Pump Market, 2015 - 2018, USD Million
TABLE 37 France Heat Pump Market, 2019 - 2025, USD Million
TABLE 38 France Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 39 France Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 40 France Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 41 France Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 42 Russia Heat Pump Market, 2015 - 2018, USD Million
TABLE 43 Russia Heat Pump Market, 2019 - 2025, USD Million
TABLE 44 Russia Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 45 Russia Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 46 Russia Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 47 Russia Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 48 Spain Heat Pump Market, 2015 - 2018, USD Million
TABLE 49 Spain Heat Pump Market, 2019 - 2025, USD Million
TABLE 50 Spain Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 51 Spain Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 52 Spain Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 53 Spain Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 54 Italy Heat Pump Market, 2015 - 2018, USD Million
TABLE 55 Italy Heat Pump Market, 2019 - 2025, USD Million
TABLE 56 Italy Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 57 Italy Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 58 Italy Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 59 Italy Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 60 Rest of Europe Heat Pump Market, 2015 - 2018, USD Million
TABLE 61 Rest of Europe Heat Pump Market, 2019 - 2025, USD Million
TABLE 62 Rest of Europe Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 63 Rest of Europe Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 64 Rest of Europe Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 65 Rest of Europe Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 66 Key Information - United Technologies Corporation
TABLE 67 Key information - Daikin Industries Ltd.
TABLE 68 key information - NIBE Industrier AB
TABLE 69 Key Information - Viessmann Group
TABLE 70 Key Information - Ingersoll-Rand PLC
TABLE 71 Key Information - Stiebel Eltron GmbH & Co. KG
TABLE 72 key information - Robert Bosch GmbH
TABLE 73 Key Information - Panasonic Corporation
TABLE 74 key information - Mitsubishi Electric Corporation
TABLE 75 Key information - The Glen Dimplex Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Product Launches: 2019-Sep: 2015-Apr) Leading Players
FIG 5 swot analysis: UNITED TECHNOLOGIES CORPORATION
FIG 6 Recent strategies and developments: Daikin Industries Ltd.
FIG 7 SWOT Analysis: Daikin Industries Ltd.
FIG 8 Recent strategies and developments: NIBE Industrier AB
FIG 9 Recent strategies and developments: Viessmann Group
FIG 10 Recent strategies and developments: Ingersoll-Rand PLC
FIG 11 SWOT Analysis: Ingersoll-Rand PLC
FIG 12 Recent strategies and developments: Stiebel Eltron GmbH & Co. KG
FIG 13 Recent strategies and developments: Robert Bosch GmbH (Bosch Thermotechnology Corporation)
FIG 14 Swot analysis: Robert bosch gmbh
FIG 15 Recent strategies and developments: Panasonic Corporation
FIG 16 SWOT Analysis: Panasonic Corporation
FIG 17 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 18 SWOT Analysis: Mitsubishi Electric Corporation
FIG 19 Recent strategies and developments: The Glen Dimplex Group