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North America Heat Pump Market (2019-2025)

  • ID: 4852727
  • Report
  • October 2019
  • Region: North America
  • 96 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
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FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Ingersoll-Rand PLC
  • NIBE Industrier AB
  • Panasonic Corporation
  • The Glen Dimplex Group
  • Viessmann Group
  • MORE
The North America Heat Pump Market is expected to witness market growth of 7.9% CAGR during the forecast period (2019-2025). Increased carbon emissions and highly variable energy prices have prompted consumers to use renewable heat sources. This is a key factor which can be held responsible for driving the market throughout the forecast period. The U.S. government has provided multiple benefits for the installation of these pumps. The Government is also offering direct incentives for their installation, which, in effect, is projected to increase the product demand in the near future.

Heat pumps provide an energy-efficient option to furnaces and air conditioners for areas with mild heating and cooling requirements. Like a refrigerator, heat pumps use energy to transfer air from a cool space to a warm space. It makes the cool space cooler and the warm space warmer. Throughout the heating season, heat pumps transfer heat from the cool outdoors to warm home. Further, during the cooling season, heat pumps move heat from a cool surrounding to the warm outdoors. Since heat is transferred instead of being generated, heat pumps can provide equal storage for as little as one quarter of the cost of operating traditional heating or cooling appliances.

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 U.S., Mexico, Canada, and Rest of North America.

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 Study

Market Segmentation:

By Technology
  • Air Source
  • Water Source
  • Ground Source
By Application
  • Residential
  • Industrial
  • Commercial
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
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
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Daikin Industries Ltd.
  • Ingersoll-Rand PLC
  • NIBE Industrier AB
  • Panasonic Corporation
  • The Glen Dimplex Group
  • Viessmann Group
  • MORE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Heat Pump Market, by Technology
1.4.2 North America Heat Pump Market, by Application
1.4.3 North America 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 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. North America Heat Pump Market by Technology
4.1 North America Air Source Heat Pump Market by Country
4.2 North America Water Source Heat Pump Market by Country
4.3 North America Ground Source Heat Pump Market by Country

Chapter 5. North America Heat Pump Market by Application
5.1 North America Residential Heat Pump Market by Country
5.2 North America Industrial Heat Pump Market by Country
5.3 North America Commercial Heat Pump Market by Country

Chapter 6. North America Heat Pump Market by Country
6.1 US Heat Pump Market
6.1.1 US Heat Pump Market by Technology
6.1.2 US Heat Pump Market by Application
6.2 Canada Heat Pump Market
6.2.1 Canada Heat Pump Market by Technology
6.2.2 Canada Heat Pump Market by Application
6.3 Mexico Heat Pump Market
6.3.1 Mexico Heat Pump Market by Technology
6.3.2 Mexico Heat Pump Market by Application
6.4 Rest of North America Heat Pump Market
6.4.1 Rest of North America Heat Pump Market by Technology
6.4.2 Rest of North America 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:
Note: Product cover images may vary from those shown
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  • 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
Note: Product cover images may vary from those shown
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