세계의 히트 펌프 시장 : 용도별, 최종 사용자별, 정격 용량별, 냉매별, 기술별, 유형별, 지역별 예측(-2030년)

The global heat pump market is estimated to reach USD 162.56 billion by 2030 from an estimated USD 83.23 billion in 2025, at a CAGR of 14.3% during the forecast period.

Heat pumps can be integrated with renewable energy sources such as solar and wind power, enabling more sustainable and eco-friendly heating and cooling solutions, which align with the global trend towards renewable energy adoption.

"Air-to-water heat pumps to be fastest-growing segment from 2025 to 2030"

The air-to-water segment is estimated to account for the second-largest share during the forecast period. Air-to-water heat pumps are used for a broader range of applications beyond the residential sector. Use of air-to-water pumps has extended into commercial buildings, industrial settings, and recreation facilities (swimming pools), considerably broadening the uptake of this technology. This signifies a shift in heating and cooling applications using air-to-water heat pumps, leading to the increased demand for heat pumps across the region.

"Reversible heat pumps to be second-fastest growing segment during forecast period"

In the heat pump market, the reversible heat pumps segment is projected to witness the second-highest CAGR during the forecast period. Their high coefficient of performance, normally between 3 and 5, shows that they can gain between 300% and 500% more heating or cooling output than the energy input." Hence, the energy efficiency aspect is a significant selling point for customers on both the residential and commercial sides. The long-term cost savings and eco-friendly impact fuel the demand for reversible systems in both developing and developed markets.

"Europe is expected to be the second-fastest growing region in the heat pump market."

Europe is expected to be the second-fastest growing heat pump market during the forecast period. The region's commitment to reducing reliance on imported fossil fuels and a move toward increasing the use of renewable energy has helped to foster excitement around heat pumps. Heat pumps have lower operating costs, especially when combined with renewable electricity sources such as solar, and are becoming popular in the residential and industrial sectors. Europe's aggressive decarbonization goals, high levels of government incentivization, climate policy, and ongoing advances in technology in the heating sector are fueling the increased demand for heat pumps in the region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1 - 60%, Tier 2 - 25%, and Tier 3 - 15%

By Designation: C-Level - 35%, Director Level - 25%, and Others - 40%

By Region: Americas - 13%, Europe - 16%, Asia Pacific - 56%, Middle East & Africa - 15%

Note: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.

Others include sales managers, engineers, and regional managers.

SAMSUNG (South Korea), DENSO CORPORATION (Japan), Midea (China), Panasonic Holdings Corporation (Japan), Mitsubishi Electric Corporation (Japan), LG Electronics (South Korea), Lennox International Inc. (US), Fujitsu General (Japan), Daikin Industries, Ltd. (Japan), Carrier (US), Johnson Controls (Ireland), Thermax Limited (India), GEA Group Aktiengesellschaft (Germany), Trane Technologies plc, (Ireland), Bosch Thermotechnology Corp. (Germany), Guangzhou Sprsun New Energy Technology Development Co., Ltd. (China), GLEN DIMPLEX GROUP (Ireland), NIBE Industry AB (Ireland), Rheem Manufacturing Company (US), Energen Hybrid Systems Limited (NewZealand), Evo Energy Technologies (Australia), Namma Swadeshi (India), EcoTech Solutions (India), Dandelion Energy (US), and Zealux Electric Limited (China) are the key players in the heat pump market. The study includes an in-depth competitive analysis of these key players in the heat pump market, with their company profiles, recent developments, and key market strategies.

Study Coverage:

The report defines, describes, and forecasts the global heat pump market by technology, type, refrigerant, rated capacity, end user, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the heat pump market. A thorough analysis of the key industry players has provided insights into their business overview, solutions, and services; key strategies such as contracts, partnerships, agreements, mergers & acquisitions; and recent developments associated with the heat pump market. This report covers the competitive analysis of upcoming startups in the heat pump ecosystem.

Key Benefits of Buying the Report

• The report includes the analysis of key drivers (Growing use of heat pumps beyond traditional heating and cooling applications, Capability of heat pumps to be integrated with renewable energy systems, Implementation of government policies and initiatives to promote use of energy-efficient heating and cooling systems), restraints (Difficulties in installation and unaesthetic appearance, Limited public awareness regarding benefits of heat pumps and lack of knowledge about heat pump standards among system vendors), opportunities (High focus of manufacturers on integrating IoT, ML, and AI technologies into heat pumps, Positive outlook toward use of geothermal energy, Increased sales of heat pumps in Europe), and challenges (Dependency on energy source for heat pump efficiency, High installation cost) influencing the growth of the heat pump market.
• Product Development/Innovation: The heat pump market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe, and sustainable products. Companies are investing in developing advanced heat pump technologies for various applications.
• Market Development: SAMSUNG announced its partnership with Etopia, a UK-based smart building company, to deploy heat pumps in the residential sector in the UK. SAMSUNG will deploy 6,000 TDS plus heat pumps as part of the five-year smart home project in the UK.
• Market Diversification: Panasonic Holdings Corporation announced that it would invest about USD 150 million in its Czech plant by the fiscal year ending in March 2026 to strengthen the production of air-to-water heat pumps (A2W), which have been experiencing growing demand in Europe.
• Competitive Assessment: It includes an in-depth assessment of market shares, growth strategies, and service offerings of leading players, such as SAMSUNG (South Korea), DENSO CORPORATION (Japan), Midea (China), Panasonic Holdings Corporation (Japan), and Mitsubishi Electric Corporation (Japan), among others, in the heat pump market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 LIMITATIONS
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
• 2.2 PRIMARY AND SECONDARY DATA
  • 2.2.1 SECONDARY DATA
    • 2.2.1.1 List of major secondary sources
    • 2.2.1.2 Key data from secondary sources
  • 2.2.2 PRIMARY DATA
    • 2.2.2.1 List of primary interview participants
    • 2.2.2.2 Key data from primary sources
    • 2.2.2.3 Key industry insights
    • 2.2.2.4 Breakdown of primaries
• 2.3 MARKET SIZE ESTIMATION
  • 2.3.1 TOP-DOWN APPROACH
  • 2.3.2 BOTTOM-UP APPROACH
  • 2.3.3 SUPPLY-SIDE ANALYSIS
    • 2.3.3.1 Supply-side assumptions
    • 2.3.3.2 Supply-side calculations
  • 2.3.4 DEMAND-SIDE ANALYSIS
    • 2.3.4.1 Demand-side assumptions
    • 2.3.4.2 Demand-side calculations
• 2.4 GROWTH PROJECTION
• 2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
• 2.6 RESEARCH LIMITATIONS
• 2.7 RISK ANALYSIS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAT PUMP MARKET
• 4.2 HEAT PUMP MARKET, BY END USER
• 4.3 HEAT PUMP MARKET, BY TECHNOLOGY
• 4.4 HEAT PUMP MARKET, BY TYPE
• 4.5 HEAT PUMP MARKET, BY APPLICATION
• 4.6 HEAT PUMP MARKET, BY REFRIGERANT TYPE
• 4.7 HEAT PUMP MARKET, BY RATED CAPACITY
• 4.8 HEAT PUMP MARKET, BY REGION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Transition to sustainable heating technologies
    • 5.2.1.2 Government-led initiatives to promote use of sustainable and energy-efficient HVAC technologies
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 High cost of installation
    • 5.2.2.2 Space constraints associated with ground-source systems
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Emphasis on embedding IoT, ML, and AI technologies into heat pump systems
    • 5.2.3.2 Enhanced performance of CO2 heat pumps
  • 5.2.4 CHALLENGES
    • 5.2.4.1 High installation cost
    • 5.2.4.2 Dependency on energy source
• 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.4 PRICING ANALYSIS
  • 5.4.1 PRICING RANGE OF HEAT PUMPS, BY TECHNOLOGY, 2024
  • 5.4.2 AVERAGE SELLING PRICE TREND OF HEAT PUMPS, BY REGION, 2022-2024
• 5.5 SUPPLY CHAIN ANALYSIS
  • 5.5.1 RAW MATERIAL SUPPLIERS
  • 5.5.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
  • 5.5.3 DISTRIBUTORS
  • 5.5.4 END USERS
• 5.6 ECOSYSTEM ANALYSIS
• 5.7 TECHNOLOGY ANALYSIS
  • 5.7.1 KEY TECHNOLOGIES
    • 5.7.1.1 Photovoltaic-thermal solar-assisted heat pump systems
    • 5.7.1.2 Hybrid heat pumps
    • 5.7.1.3 Air-to-air heat pumps
    • 5.7.1.4 Air-to-water heat pumps
    • 5.7.1.5 Water-source heat pumps
    • 5.7.1.6 Ground-source heat pumps
    • 5.7.1.7 Solid-state heat pumps
  • 5.7.2 COMPLEMENTARY TECHNOLOGIES
    • 5.7.2.1 Thermal storage
    • 5.7.2.2 Smart controls and automation technologies
  • 5.7.3 ADJACENT TECHNOLOGIES
    • 5.7.3.1 Heat recovery ventilation (HRV) systems
    • 5.7.3.2 IoT devices
• 5.8 TRADE ANALYSIS
  • 5.8.1 EXPORT SCENARIO (HS CODE 841861)
  • 5.8.2 IMPORT SCENARIO (HS CODE 841861)
• 5.9 KEY CONFERENCES AND EVENTS, 2025-2026
• 5.10 REGULATORY LANDSCAPE
  • 5.10.1 REGULATIONS
• 5.11 PORTER'S FIVE FORCES ANALYSIS
  • 5.11.1 THREAT OF NEW ENTRANTS
  • 5.11.2 THREAT OF SUBSTITUTES
  • 5.11.3 BARGAINING POWER OF SUPPLIERS
  • 5.11.4 BARGAINING POWER OF BUYERS
  • 5.11.5 THREAT OF NEW ENTRANTS
  • 5.11.6 INTENSITY OF COMPETITIVE RIVALRY
• 5.12 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.12.2 BUYING CRITERIA
• 5.13 PATENT ANALYSIS
• 5.14 CASE STUDY ANALYSIS
  • 5.14.1 CITY SUITES HOTEL INSTALLED DAIKIN VRV IV+ HEAT PUMP SYSTEM WITH INDIVIDUAL ROOM CONTROLS TO REDUCE ENERGY CONSUMPTION AND ENHANCE GUEST EXPERIENCE
  • 5.14.2 CORONADO BREWING REPLACED FOSSIL BOILERS WITH HTHPS THAT REDUCED CO2 EMISSIONS AND ENERGY COSTS
  • 5.14.3 HOTEL DEPLOYED A. O. SMITH VOLTEX HYBRID ELECTRIC HEAT PUMP WATER HEATER TO REDUCE ENERGY CONSUMPTION AND COST
• 5.15 INVESTMENT AND FUNDING SCENARIO
• 5.16 IMPACT OF AI/GEN AI ON HEAT PUMP MARKET
  • 5.16.1 ADOPTION OF AI/GEN AI FOR HEAT PUMPS
  • 5.16.2 IMPACT OF AI/GEN AI ON HEAT PUMP SUPPLY CHAIN, BY REGION
• 5.17 IMPACT OF 2025 US TARIFF ON HEAT PUMP MARKET
  • 5.17.1 INTRODUCTION
  • 5.17.2 KEY TARIFF RATES
  • 5.17.3 PRICE IMPACT ANALYSIS
  • 5.17.4 IMPACT ON COUNTRIES/REGIONS
    • 5.17.4.1 US
    • 5.17.4.2 Europe
    • 5.17.4.3 Asia Pacific
  • 5.17.5 IMPACT ON END USER

6 HEAT PUMP MARKET, BY APPLICATION

• 6.1 INTRODUCTION
• 6.2 HEATING
  • 6.2.1 WATER HEATING
    • 6.2.1.1 Growing adoption of renewable energy sources to boost segmental growth
  • 6.2.2 DISTRICT AND SPACE HEATING
    • 6.2.2.1 Pressing need to reduce carbon footprint to fuel market growth
• 6.3 HEATING AND COOLING
  • 6.3.1 IMPLEMENTATION OF ADVANCED TECHNOLOGIES AND SUSTAINABLE METHODS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES

7 HEAT PUMP MARKET, BY END USER

• 7.1 INTRODUCTION
• 7.2 RESIDENTIAL
  • 7.2.1 GOVERNMENT INCENTIVES TO BOOST ADOPTION OF HEAT PUMPS TO FUEL MARKET GROWTH
• 7.3 COMMERCIAL
  • 7.3.1 GROWING NEED TO ADOPT RENEWABLE ENERGY SOURCES FOR HEATING TO BOOST DEMAND
• 7.4 INDUSTRIAL
  • 7.4.1 GLOBAL EFFORTS TO ENHANCE SUSTAINABILITY AND LOWER CARBON EMISSIONS TO FOSTER SEGMENTAL GROWTH

8 HEAT PUMP MARKET, BY RATED CAPACITY

• 8.1 INTRODUCTION
• 8.2 UP TO 10 KW
  • 8.2.1 RISING PREFERENCE FOR SUSTAINABLE ALTERNATIVES TO CONVENTIONAL HEATING SYSTEMS TO BOOST DEMAND
• 8.3 10-20 KW
  • 8.3.1 GROWING APPLICATION IN LARGE MULTI-FAMILY HOMES AND APARTMENT COMPLEXES TO FUEL MARKET GROWTH
• 8.4 20-30 KW
  • 8.4.1 INCREASING DEPLOYMENT IN SMALL COMMERCIAL BUILDINGS TO FOSTER SEGMENTAL GROWTH
• 8.5 ABOVE 30 KW
  • 8.5.1 GROWING EMPHASIS ON OFFERING OPTIMAL ENERGY UTILIZATION AND COST-EFFECTIVENESS TO DRIVE MARKET

9 HEAT PUMP MARKET, BY REFRIGERANT

• 9.1 INTRODUCTION
• 9.2 R410A
  • 9.2.1 EASE OF HEAT DISSIPATION AND ENHANCED HEAT TRANSFER EFFICIENCY TO BOOST DEMAND
• 9.3 R407C
  • 9.3.1 INCREASED USE OF ECO-FRIENDLY REFRIGERANTS IN HEAT PUMPS TO FUEL DEMAND
• 9.4 R744
  • 9.4.1 RISING DEPLOYMENT IN NEW-GENERATION HEAT PUMP TECHNOLOGIES TO BOOST DEMAND
• 9.5 R290
  • 9.5.1 EXPANDING RETROFIT MARKET FOR HEATING AND COOLING SYSTEMS TO DRIVE DEMAND
• 9.6 R717
  • 9.6.1 INCORPORATION OF ADVANCED CONTAINMENT TECHNOLOGIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
• 9.7 OTHER REFRIGERANTS

10 HEAT PUMP MARKET, BY TECHNOLOGY

• 10.1 INTRODUCTION
• 10.2 AIR-TO-AIR HEAT PUMPS
  • 10.2.1 RISING DEMAND FOR SMART THERMOSTATS FOR REMOTE MONITORING TO DRIVE MARKET
• 10.3 AIR-TO-WATER HEAT PUMPS
  • 10.3.1 GROWING DEMAND FOR CLEAN AND GREEN ALTERNATIVES TO TRADITIONAL FOSSIL FUEL-BASED HEATING METHODS TO DRIVE MARKET
• 10.4 WATER-SOURCE HEAT PUMPS
  • 10.4.1 EMPHASIS ON ENHANCING SYSTEM DESIGN AND TECHNOLOGY ADVANCEMENTS TO SUPPORT MARKET GROWTH
• 10.5 GROUND-SOURCE (GEOTHERMAL) HEAT PUMPS
  • 10.5.1 GOVERNMENT-LED SUBSIDIES FOR BOOSTING DEPLOYMENT OF GEOTHERMAL HEAT PUMPS TO DRIVE MARKET
• 10.6 HYBRID HEAT PUMPS
  • 10.6.1 SEAMLESS INTEGRATION WITH EXISTING INFRASTRUCTURE TO BOOST DEMAND
• 10.7 PHOTOVOLTAIC-THERMAL (PVT) HEAT PUMPS
  • 10.7.1 REDUCED RELIANCE ON CENTRALIZED ENERGY SOURCES TO FOSTER MARKET GROWTH

11 HEAT PUMP MARKET, BY TYPE

• 11.1 INTRODUCTION
• 11.2 REVERSIBLE HEAT PUMPS
  • 11.2.1 GLOBAL EMPHASIS ON IMPLEMENTING ENERGY EFFICIENCY REGULATIONS TO DRIVE MARKET
• 11.3 NON-REVERSIBLE HEAT PUMPS
  • 11.3.1 RISING DEMAND FOR COST-EFFECTIVE AND SUSTAINABLE TECHNOLOGIES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES

12 HEAT PUMP MARKET, BY REGION

• 12.1 INTRODUCTION
• 12.2 ASIA PACIFIC
  • 12.2.1 CHINA
    • 12.2.1.1 Expanding industrialization and infrastructure development to boost demand
  • 12.2.2 INDIA
    • 12.2.2.1 Emphasis on constructing green structures to drive market
  • 12.2.3 JAPAN
    • 12.2.3.1 Integration of IoT and application of AI and ML in manufacturing and designing process to offer lucrative growth opportunities
  • 12.2.4 SOUTH KOREA
    • 12.2.4.1 Government-led investments in smart energy infrastructure and integrated energy systems to fuel market growth
  • 12.2.5 AUSTRALIA
    • 12.2.5.1 Initiatives to phase out gas hot water systems to boost demand
  • 12.2.6 REST OF ASIA PACIFIC
• 12.3 EUROPE
  • 12.3.1 FRANCE
    • 12.3.1.1 Favorable policies and national climate initiatives to support market growth
  • 12.3.2 ITALY
    • 12.3.2.1 Government-led initiatives to boost adoption of green energy to fuel market growth
  • 12.3.3 GERMANY
    • 12.3.3.1 Rising gas prices and energy security concerns to support market growth
  • 12.3.4 UK
    • 12.3.4.1 Emphasis on achieving net-zero emissions by 2050 to foster market growth
  • 12.3.5 SPAIN
    • 12.3.5.1 Emphasis on renovating existing buildings to drive market
  • 12.3.6 REST OF EUROPE
• 12.4 NORTH AMERICA
  • 12.4.1 US
    • 12.4.1.1 Increasing investments in installation of energy-efficient technologies in new infrastructure development projects to drive market
  • 12.4.2 CANADA
    • 12.4.2.1 Emphasis on offering market-feasible net-zero energy solutions by 2030 and reducing electricity demand to boost demand
• 12.5 MIDDLE EAST & AFRICA
  • 12.5.1 GCC
    • 12.5.1.1 Saudi Arabia
      • 12.5.1.1.1 Increasing investments in industrial sector to boost demand
    • 12.5.1.2 UAE
      • 12.5.1.2.1 Growing consciousness about sustainable and environmentally friendly practices to boost demand
    • 12.5.1.3 Rest of GCC
  • 12.5.2 SOUTH AFRICA
    • 12.5.2.1 Expanding transportation industry to foster market growth
  • 12.5.3 REST OF MIDDLE EAST & AFRICA
• 12.6 LATIN AMERICA
  • 12.6.1 BRAZIL
    • 12.6.1.1 Growing use of non-fossil fuel energy sources to boost demand
  • 12.6.2 MEXICO
    • 12.6.2.1 Growing demand for energy-efficient devices in residential, commercial, and industrial sectors to fuel market growth
  • 12.6.3 REST OF LATIN AMERICA

13 COMPETITIVE LANDSCAPE

• 13.1 OVERVIEW
• 13.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020-2025
• 13.3 MARKET SHARE ANALYSIS, 2024
• 13.4 MARKET EVALUATION FRAMEWORK, 2020-2024
• 13.5 REVENUE ANALYSIS, 2020-2024
• 13.6 BRAND/PRODUCT COMPARISON
• 13.7 COMPANY VALUATION AND FINANCIAL METRICS
• 13.8 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 13.8.1 STARS
  • 13.8.2 EMERGING LEADERS
  • 13.8.3 PERVASIVE PLAYERS
  • 13.8.4 PARTICIPANTS
  • 13.8.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
    • 13.8.5.1 Company footprint
    • 13.8.5.2 Company market footprint
    • 13.8.5.3 Region footprint
    • 13.8.5.4 Technology footprint
    • 13.8.5.5 Type footprint
    • 13.8.5.6 Rated capacity footprint
    • 13.8.5.7 Refrigerant footprint
    • 13.8.5.8 End user footprint
    • 13.8.5.9 Application footprint
• 13.9 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
  • 13.9.1 PROGRESSIVE COMPANIES
  • 13.9.2 RESPONSIVE COMPANIES
  • 13.9.3 DYNAMIC COMPANIES
  • 13.9.4 STARTING BLOCKS
  • 13.9.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
    • 13.9.5.1 List of key startups/SMEs
    • 13.9.5.2 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
• 13.10 COMPETITIVE SCENARIOS
  • 13.10.1 PRODUCT LAUNCHES
  • 13.10.2 DEALS
  • 13.10.3 EXPANSIONS
  • 13.10.4 OTHER DEVELOPMENTS

14 COMPANY PROFILES

• 14.1 KEY PLAYERS
  • 14.1.1 SAMSUNG
    • 14.1.1.1 Business overview
    • 14.1.1.2 Products/Solutions/Services offered
    • 14.1.1.3 Recent developments
      • 14.1.1.3.1 Product launches
      • 14.1.1.3.2 Deals
    • 14.1.1.4 MnM view
      • 14.1.1.4.1 Key strengths/Right to win
      • 14.1.1.4.2 Strategic choices
      • 14.1.1.4.3 Weaknesses/Competitive threats
  • 14.1.2 DENSO CORPORATION
    • 14.1.2.1 Business overview
    • 14.1.2.2 Products/Solutions/Services offered
      • 14.1.2.2.1 Expansions
    • 14.1.2.3 MnM view
      • 14.1.2.3.1 Key strengths/Right to win
      • 14.1.2.3.2 Strategic choices
      • 14.1.2.3.3 Weaknesses/Competitive threats
  • 14.1.3 MIDEA
    • 14.1.3.1 Business overview
    • 14.1.3.2 Products/Solutions/Services offered
    • 14.1.3.3 Recent developments
      • 14.1.3.3.1 Product launches
      • 14.1.3.3.2 Deals
      • 14.1.3.3.3 Expansions
    • 14.1.3.4 MnM view
      • 14.1.3.4.1 Key strengths/Right to win
      • 14.1.3.4.2 Strategic choices
      • 14.1.3.4.3 Weaknesses/Competitive threats
  • 14.1.4 PANASONIC HOLDINGS CORPORATION
    • 14.1.4.1 Business overview
    • 14.1.4.2 Products/Solutions/Services offered
    • 14.1.4.3 Recent developments
      • 14.1.4.3.1 Product launches
      • 14.1.4.3.2 Deals
      • 14.1.4.3.3 Expansions
      • 14.1.4.3.4 Other developments
    • 14.1.4.4 MnM view
      • 14.1.4.4.1 Key strengths/Right to win
      • 14.1.4.4.2 Strategic choices
      • 14.1.4.4.3 Weaknesses/Competitive threats
  • 14.1.5 MITSUBISHI ELECTRIC CORPORATION
    • 14.1.5.1 Business overview
    • 14.1.5.2 Products/Solutions/Services offered
    • 14.1.5.3 Recent developments
      • 14.1.5.3.1 Product launches
      • 14.1.5.3.2 Deals
      • 14.1.5.3.3 Expansions
      • 14.1.5.3.4 Other developments
    • 14.1.5.4 MnM view
      • 14.1.5.4.1 Key strengths/Right to win
      • 14.1.5.4.2 Strategic choices
      • 14.1.5.4.3 Weaknesses/Competitive threats
  • 14.1.6 LG ELECTRONICS
    • 14.1.6.1 Business overview
    • 14.1.6.2 Products/ Solutions/Services offered
    • 14.1.6.3 Recent developments
      • 14.1.6.3.1 Product launches
      • 14.1.6.3.2 Deals
      • 14.1.6.3.3 Expansions
      • 14.1.6.3.4 Other developments
  • 14.1.7 LENNOX INTERNATIONAL INC.
    • 14.1.7.1 Business overview
    • 14.1.7.2 Products/ Solutions/Services offered
    • 14.1.7.3 Recent developments
      • 14.1.7.3.1 Product launches
      • 14.1.7.3.2 Deals
  • 14.1.8 FUJITSU GENERAL
    • 14.1.8.1 Business overview
    • 14.1.8.2 Products/ Solutions/Services offered
    • 14.1.8.3 Recent developments
      • 14.1.8.3.1 Deals
  • 14.1.9 DAIKIN INDUSTRIES, LTD.
    • 14.1.9.1 Business overview
    • 14.1.9.2 Products/ Solutions/Services offered
    • 14.1.9.3 Recent developments
      • 14.1.9.3.1 Product launches
      • 14.1.9.3.2 Expansions
      • 14.1.9.3.3 Other developments
  • 14.1.10 CARRIER
    • 14.1.10.1 Business overview
    • 14.1.10.2 Products/ Solutions/Services offered
    • 14.1.10.3 Recent developments
      • 14.1.10.3.1 Product launches
      • 14.1.10.3.2 Deals
      • 14.1.10.3.3 Expansions
      • 14.1.10.3.4 Other developments
  • 14.1.11 JOHNSON CONTROLS
    • 14.1.11.1 Business overview
    • 14.1.11.2 Products/ Solutions/Services offered
    • 14.1.11.3 Recent developments
      • 14.1.11.3.1 Product launches
      • 14.1.11.3.2 Deals
      • 14.1.11.3.3 Expansions
      • 14.1.11.3.4 Other developments
  • 14.1.12 THERMAX LIMITED
    • 14.1.12.1 Business overview
    • 14.1.12.2 Products/Solutions/Services offered
  • 14.1.13 GEA GROUP AKTIENGESELLSCHAFT
    • 14.1.13.1 Business overview
    • 14.1.13.2 Products/Solutions/Services offered
    • 14.1.13.3 Recent developments
      • 14.1.13.3.1 Deals
      • 14.1.13.3.2 Other developments
  • 14.1.14 TRANE TECHNOLOGIES PLC
    • 14.1.14.1 Business overview
    • 14.1.14.2 Products/Solutions/Services offered
    • 14.1.14.3 Recent developments
      • 14.1.14.3.1 Product launches
      • 14.1.14.3.2 Deals
      • 14.1.14.3.3 Expansions
      • 14.1.14.3.4 Other developments
  • 14.1.15 BOSCH THERMOTECHNOLOGY CORP.
    • 14.1.15.1 Business overview
    • 14.1.15.2 Products/ Solutions/Services offered
    • 14.1.15.3 Recent developments
      • 14.1.15.3.1 Product launches
      • 14.1.15.3.2 Other developments
• 14.2 OTHER PLAYERS
  • 14.2.1 GUANGZHOU SPRSUN NEW ENERGY TECHNOLOGY DEVELOPMENT CO., LTD.
  • 14.2.2 GLEN DIMPLEX GROUP
  • 14.2.3 NIBE
  • 14.2.4 RHEEM MANUFACTURING COMPANY
  • 14.2.5 ENERGEN HYBRID SYSTEMS LIMITED
  • 14.2.6 EVO ENERGY TECHNOLOGIES
  • 14.2.7 NAMMASWADESHI
  • 14.2.8 ECOTECH SOLUTIONS
  • 14.2.9 DANDELION ENERGY
  • 14.2.10 ZEALUX ELECTRIC LIMITED

15 APPENDIX

• 15.1 INSIGHTS FROM INDUSTRY EXPERTS
• 15.2 DISCUSSION GUIDE
• 15.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 15.4 CUSTOMIZATION OPTIONS
• 15.5 RELATED REPORTS
• 15.6 AUTHOR DETAILS