Heat Pump Market Size, Share, & Industry Analysis Report, By Source (Air-Source, Water-Source, and Geothermal), By Capacity (Up to 10 kW, 10-20 kW, and Above 20 kW), By End-User (Residential, Commercial, and Industrial), and Regional Forecasts, 2026-2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2025

Estimated Yeay

2026

Forecast Period

2026-2034

Historical Period

2021-2024

Growth Rate

CAGR of 9.82% from 2026 to 2034

 Unit

Value (USD Billion)

Segmentation

By Source

• Air-Source
• Water-Source
• Geothermal

By Capacity

• Up to 10 kW
• 10-20 kW
• Above 20 kW

By End-User

• Residential
• Commercial
• Industrial

By Region

• North America (By Source, Capacity, End-User, and Country)
  • U.S. (By End-User)
  • Canada (By End-User)
• Europe (By Source, Capacity, End-User, and Country)
  • UK (By End-User)
  • Germany (By End-User)
  • France (By End-User)
  • Italy (By End-User)
  • Spain (By End-User)
  • Rest of Europe (By End-User)
• Asia Pacific (By Source, Capacity, End-User, and Country)
  • Japan (By End-User)
  • India (By End-User)
  • China (By End-User)
  • Australia (By End-User)
  • South Korea (By End-User)
  • Rest of Asia Pacific (By End-User)
• Latin America (By Source, Capacity, End-User, and Country)
  • Brazil (By End-User)
  • Mexico (By End-User)
  • Rest of Latin America (By End-User)
• Middle East & Africa (By Source, Capacity, End-User, and Country)
  • GCC (By End-User)
  • South Africa (By End-User)
  • Rest of the Middle East & Africa (By End-User)