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Industrial Heat Pump Market Share

Report ID: GMI5253
Published Date: Jun 2024
Report Format: PDF

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Industrial Heat Pump Market Share

The industrial heat pump industry is characterized by robust competition driven by several key factors including technological innovation, product diversification, pricing strategies, service & support, and customized solutions, among others. Moreover, the industry players are integrating digital technologies and IoT into their heat pump systems to provide advanced monitoring, predictive maintenance, and enhanced performance optimization have a competitive edge in the market.

Industrial Heat Pump Market Companies

Major key players operating across the industrial heat pump industry are:

Atlas Copco AB
Carrier
Dalrada Climate Technology
Daikin Applied Europe S.p.A.
Emerson Electric Co.
GEA Group Aktiengesellschaft
Johnson Controls
MAN Energy Solutions
Oilon Group Oy
OCHSNER
Piller Blowers & Compressors GmbH
Qvantum Energi AB
Siemens Energy
Swegon Ltd
Trane Technologies International Limited
Turboden S.p.A.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of industrial heat pump was reached USD 1.3 billion in 2023 and is projected to experience 5.5% CAGR from 2024 to 2032, driven by the encouraging regulatory framework by respective authorities.

Air source industrial heat pump market is projected to cross USD 850 million by 2032, on account of the increasing emphasis on energy efficiency and reducing carbon footprints.

Europe industrial heat pump market is projected to surpass USD 750 million by 2032 backed by the rapidly increasing demand for effective space heating technologies.

Atlas Copco AB, Carrier, Dalrada Climate Technology, Daikin Applied Europe S.p.A., Emerson Electric Co., GEA Group Aktiengesellschaft, Johnson Controls, MAN Energy Solutions, Oilon Group Oy, OCHSNER, and Piller Blowers & Compressors GmbH among others.