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Europe Industrial Heat Pump Market Share

Report ID: GMI5025
Published Date: Jul 2024
Report Format: PDF

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Europe Industrial Heat Pump Market Share

Europe Industrial Heat Pump Company Market Share Analysis, 2023

Key companies operating in the Europe industrial heat pump industry are characterized by intense competition attributed by product diversification, consolidating their market presence through strategic partnerships, and mergers & acquisitions, as they actively seek to enhance their competitive position. Makor players including ATLAS COPCO AB, GEA Group, Danfoss, Siemens Energy, Johnson Controls, and Daikin Applied Europe S.p.A. hold the major market share across the Europe industrial heat pump industry.

Europe Industrial Heat Pump Market Companies

Key industry players operating across industry include:

AGO GmbH Energie + Anlagen
ATLAS COPCO AB
Carrier
Danfoss
Daikin Applied Europe S.p.A.
GEA Group Aktiengesellschaft
HELIOTHERM Wärmepumpentechnik Ges.m.b.H.
Johnson Controls
MAN Energy Solutions
OCHSNER
Oilon Group Oy
Piller Blowers & Compressors GmbH
Qvantum Energi AB
Siemens Energy
Swegon Group AB
Thermax Limited
Turboden S.p.A

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of Europe industrial heat pump was worth USD 464.1 million in 2023 and is expected to register 5.7% CAGR from 2024 to 2032, owing to the rising heating & cooling demand across industrial operations along with increasing utilization of waste heat from various industrial processes.

Europe industrial heat pump industry from the air source heat pump segment is expected to reach USD 270 million by 2032, due to the growing demand for efficient space heating, cooling and hot water solutions across industrial applications.

Finland industrial heat pump industry is likely to exceeded USD 90 million by 2032, due to growing demand for reliable heating systems with enhanced degree of independence and increasing energy cost in the country.

Carrier, Danfoss, Johnson Controls, MAN Energy Solutions, OCHSNER, Oilon Group Oy, Piller Blowers & Compressors GmbH, Qvantum Energi AB, Siemens Energy, Swegon Group AB, Thermax Limited, and Turboden S.p.A, are some of the major industrial heat pump companies from Europe.