The global heat pumps market was valued at USD 62,686.2 million in 2022. It is expected to reach USD 108,641.2 million by 2028, registering a CAGR of 9.4% during the forecast period (2023 to 2028).Today, many of the ways in which buildings around the world – such as homes, offices, schools, and factories – are heated still rely largely on fossil fuels, particularly natural gas, leading to large amounts of greenhouse gas emissions. Moreover, the current global energy crisis implies that there is an urgent need to move to more affordable, reliable and cleaner ways of heating buildings. In this context, heat pumps, which can efficiently provide heating to buildings and industry, are one the key technologies to make heating more secure and sustainable.

1 Executive 
2 Market Landscape 

3 Market Sizing 

4 Historic Market Size 

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Market Segmentation by Technology

8 Customer Landscape 

9 Geographic Landscape