Residential Heat Pump Market Report 2026
Residential Heat Pump Market Report Infographic Image
Item added to cart!

Published : February 2026

Pages : 175

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

Purchase This Report Download Sample PDF
Purchase This Report

Residential Heat Pump Market Report 2026

Global Outlook – By Type (Water Source, Geothermal, Air Source), By Power Source (Electric Powered, Hybrid Electric Systems, Renewable-Assisted Electric Systems), By Application (Single Family, Multi Family) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Residential Heat Pump Market Overview

• Residential Heat Pump market size has reached to $45.17 billion in 2025

• Expected to grow to $75.78 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%

• Growth Driver: Rising Residential Construction Fueling The Growth Of The Residential Heat Pump Market Due To Increasing Housing Demand And Energy-Efficiency Requirements

• Market Trend: Advancements Driving The Future Of Eco-Friendly Home Heat Pumps

Asia Pacific was the largest region in 2025 and Asia Pacific is the fastest growing region.

What Is Covered Under Residential Heat Pump Market?

Residential heat pump refers to an energy-efficient heating and cooling system that transfers heat between indoor spaces and the surrounding air, ground, or water for home climate control. They are used for providing space heating, cooling, and in some cases domestic hot water in residential buildings while reducing energy consumption and carbon emissions.

The main types of residential heat pumps include water source, geothermal, and air source. A blood test for HCG is a clinical assessment designed to gauge the concentration of the human chorionic gonadotropin (HCG) hormone in the bloodstream. The various power source includes electric powered, gas powered, and others and are used by several applications such as single family, and multi family.

Residential Heat Pump Market Report bar graph

What Is The Residential Heat Pump Market Size and Share 2026?

The residential heat pump market size has grown rapidly in recent years. It will grow from $45.17 billion in 2025 to $49.73 billion in 2026 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to rising residential heating demand, increasing awareness of energy efficiency, government incentives for heat systems, early adoption in cold regions, development of electric powered solutions.

What Is The Residential Heat Pump Market Growth Forecast?

The residential heat pump market size is expected to see rapid growth in the next few years. It will grow to $75.78 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to growing focus on sustainable home heating, rising shift from conventional heating systems, increasing regulatory support for eco heating technologies, expansion of residential infrastructure, rising consumer interest in energy efficient homes. Major trends in the forecast period include increasing integration of smart energy control systems, growing application of ai in performance optimization, rising connectivity of residential heating solutions, expansion of advanced manufacturing for heat pumps, strengthening focus on digitally managed home energy systems.

Customer representative image Book your 30 minutes free consultation with our research experts

Global Residential Heat Pump Market Segmentation

1) By Type: Water Source, Geothermal, Air Source

2) By Power Source: Electric Powered, Hybrid Electric Systems, Renewable-Assisted Electric Systems

3) By Application: Single Family, Multi Family

Subsegments:

1) By Water Source: Open Loop Systems, Closed Loop Systems

2) By Geothermals: Horizontal Ground Loop Systems, Vertical Ground Loop Systems, Pond Or Lake Systems

3) By Air Source: Air-To-Air Heat Pumps, Air-To-Water Heat Pumps, Ductless Mini-Split Systems

What Is The Driver Of The Residential Heat Pump Market?

The growth in residential construction is expected to propel the growth of the residential heat pump market going forward. Residential construction refers to the process of building, renovating, or remodeling housing structures such as single-family homes, multi-family apartments, and residential complexes. Residential construction is increasing due to rising urbanization and growing demand for new housing driven by population growth. Residential heat pump helps residential construction by enabling developers to meet energy-efficiency standards, reduce carbon emissions, and deliver cost-effective heating and cooling solutions in new housing projects. For instance, in June 2023, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, US-based government administrations, in May 2023, privately owned home starts were occurring at a seasonally adjusted annual pace of 1, 631, 000, representing an increase of 21.7% in the revised April 2023 prediction of 1, 340, 000 and 5.7% in the May 2022 rate of 1, 543, 000. The number of privately owned home completions in May 2023 was 1, 518, 000 on a seasonally adjusted yearly basis, representing an increase of 5.0% over the May 2022 rate of 1, 446, 000 and 9.5% above the revised April 2023 estimate of 1, 386, 000. Therefore, the increase in fertility rate is driving the growth of the residential heat pump industry.

Key Players In The Global Residential Heat Pump Market

Major companies operating in the residential heat pump market report are Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, LG Electronics Inc., Carrier Global Corporation, Trane Technologies, Lennox International Inc., Bosch Thermotechnik GmbH, Viessmann Group, NIBE Group, Vaillant Group, Fujitsu General Ltd., Rheem Manufacturing Company, A O Smith Corporation, Stiebel Eltron Group, Ariston Group, Glen Dimplex Group, Samsung Electronics Co Ltd., Midea Group, Enertech Global LLC

Global Residential Heat Pump Market Trends and Insights

Major companies operating in the residential heat pump market are focusing on developing innovative solutions, such as air-to-water propane heat pumps, to enhance energy efficiency, reduce carbon emissions, and meet the rising demand for eco-friendly home heating and cooling systems. Air-to-water propane heat pumps are high-efficiency heating systems that use propane (R290) as the refrigerant to extract heat from the outdoor air and transfer it into water for space heating, cooling, and domestic hot water. For instance, in August 2024, LG Electronics, a South Korea–based consumer and HVAC manufacturer, launched its new “Therma V R290 Monobloc” residential air-to-water heat pumps. These come in 7 kW and 9 kW versions, employ propane (R290) as refrigerant, and achieve a seasonal coefficient of performance (SCOP) of over 5. The units can deliver flow temperatures up to 75 °C even when the outside temperature is as low as –15 °C and maintain heating output down to 28 °C, they also operate quietly (around 49–50 dB(A)), and integrate with energy-storage systems (ESS) and home energy management via the firm’s ThinQ platform, enabling optimization with rooftop solar or other renewables. This release underscores a broader market shift toward sustainable, high-efficiency, climate-friendly residential heating solutions.

Need data on a specific region in this market?

What Are Latest Mergers And Acquisitions In The Residential Heat Pump Market?

In June 2024, Hometree Marketplace Limited, a UK-based residential energy services company, acquired IMS Heat Pumps for an undisclosed amount. With this acquisition, Hometree aimed to accelerate its expansion into low-carbon home energy solutions by bolstering its heat pump installation capabilities and supporting the broader home decarbonisation transition in the UK. IMS Heat Pumps Limited is a UK-based renewable energy installer that specializes in supplying and installing bespoke ground source, air source, and water source heat pump systems for residential and commercial customers across England and Scotland.

Regional Outlook

Asia Pacific was the largest region in the residential heat pump market in 2025. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Residential Heat Pump Market?

The residential heat pump market consists of sales of air-to-air heat pumps, air-to-water heat pumps, ducted heat pump systems, and solar-assisted heat pumps. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Residential Heat Pump Market Report 2026?

The residential heat pump market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the residential heat pump industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abdul Wasay

Residential Heat Pump Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $49.73 billion
Revenue Forecast In 2035 $75.78 billion
Growth Rate CAGR of 10.1% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Type, Power Source, Application
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, LG Electronics Inc., Carrier Global Corporation, Trane Technologies, Lennox International Inc., Bosch Thermotechnik GmbH, Viessmann Group, NIBE Group, Vaillant Group, Fujitsu General Ltd., Rheem Manufacturing Company, A O Smith Corporation, Stiebel Eltron Group, Ariston Group, Glen Dimplex Group, Samsung Electronics Co Ltd., Midea Group, Enertech Global LLC
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Residential Heat Pump Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Residential Heat Pump Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Residential Heat Pump Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Residential Heat Pump Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Sustainability, Climate Tech & Circular Economy

4.1.2 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.3 Artificial Intelligence & Autonomous Intelligence

4.1.4 Industry 4.0 & Intelligent Manufacturing

4.1.5 Digitalization, Cloud, Big Data & Cybersecurity

4.2. Major Trends

4.2.1 Increasing Integration Of Smart Energy Control Systems

4.2.2 Growing Application Of Ai In Performance Optimization

4.2.3 Rising Connectivity Of Residential Heating Solutions

4.2.4 Expansion Of Advanced Manufacturing For Heat Pumps

4.2.5 Strengthening Focus On Digitally Managed Home Energy Systems

5. Residential Heat Pump Market Analysis Of End Use Industries

5.1 Single Family Households

5.2 Multi Family Residential Buildings

5.3 Residential Property Developers

5.4 Homeowners And Residents

5.5 Residential Energy Management Providers

6. Residential Heat Pump Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Residential Heat Pump Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Residential Heat Pump PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Residential Heat Pump Market Size, Comparisons And Growth Rate Analysis

7.3. Global Residential Heat Pump Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Residential Heat Pump Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Residential Heat Pump Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Residential Heat Pump Market Segmentation

9.1. Global Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Water Source, Geothermal, Air Source

9.2. Global Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Electric Powered, Hybrid Electric Systems, Renewable-Assisted Electric Systems

9.3. Global Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Single Family, Multi Family

9.4. Global Residential Heat Pump Market, Sub-Segmentation Of Water Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Open Loop Systems, Closed Loop Systems

9.5. Global Residential Heat Pump Market, Sub-Segmentation Of Geothermal, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Horizontal Ground Loop Systems, Vertical Ground Loop Systems, Pond Or Lake Systems

9.6. Global Residential Heat Pump Market, Sub-Segmentation Of Air Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Air-To-Air Heat Pumps, Air-To-Water Heat Pumps, Ductless Mini-Split Systems

10. Residential Heat Pump Market Regional And Country Analysis

10.1. Global Residential Heat Pump Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Residential Heat Pump Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Residential Heat Pump Market

11.1. Asia-Pacific Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Residential Heat Pump Market

12.1. China Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Residential Heat Pump Market

13.1. India Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Residential Heat Pump Market

14.1. Japan Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Residential Heat Pump Market

15.1. Australia Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Residential Heat Pump Market

16.1. Indonesia Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Residential Heat Pump Market

17.1. South Korea Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Residential Heat Pump Market

18.1. Taiwan Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Residential Heat Pump Market

19.1. South East Asia Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Residential Heat Pump Market

20.1. Western Europe Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Residential Heat Pump Market

21.1. UK Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Residential Heat Pump Market

22.1. Germany Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Residential Heat Pump Market

23.1. France Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Residential Heat Pump Market

24.1. Italy Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Residential Heat Pump Market

25.1. Spain Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Residential Heat Pump Market

26.1. Eastern Europe Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Residential Heat Pump Market

27.1. Russia Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Residential Heat Pump Market

28.1. North America Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Residential Heat Pump Market

29.1. USA Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Residential Heat Pump Market

30.1. Canada Residential Heat Pump Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Residential Heat Pump Market

31.1. South America Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Residential Heat Pump Market

32.1. Brazil Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Residential Heat Pump Market

33.1. Middle East Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Residential Heat Pump Market

34.1. Africa Residential Heat Pump Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Residential Heat Pump Market, Segmentation By Type, Segmentation By Power Source, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Residential Heat Pump Market Regulatory and Investment Landscape

36. Residential Heat Pump Market Competitive Landscape And Company Profiles

36.1. Residential Heat Pump Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Residential Heat Pump Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Residential Heat Pump Market Company Profiles

36.3.1. Daikin Industries Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Panasonic Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.4. LG Electronics Inc. Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Carrier Global Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Residential Heat Pump Market Other Major And Innovative Companies

Trane Technologies, Lennox International Inc., Bosch Thermotechnik GmbH, Viessmann Group, NIBE Group, Vaillant Group, Fujitsu General Ltd., Rheem Manufacturing Company, A O Smith Corporation, Stiebel Eltron Group, Ariston Group, Glen Dimplex Group, Samsung Electronics Co Ltd., Midea Group, Enertech Global LLC

38. Global Residential Heat Pump Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Residential Heat Pump Market

40. Residential Heat Pump Market High Potential Countries, Segments and Strategies

40.1 Residential Heat Pump Market In 2030 - Countries Offering Most New Opportunities

40.2 Residential Heat Pump Market In 2030 - Segments Offering Most New Opportunities

40.3 Residential Heat Pump Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Residential Heat Pump Market, Overview Of Key Products - Product Examples
  • Table 2: Global Residential Heat Pump Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Residential Heat Pump Market, Supply Chain Analysis
  • Table 4: Global Residential Heat Pump Market, Major Raw Material Providers
  • Table 5: Global Residential Heat Pump Market, Major Resource Providers
  • Table 6: Global Residential Heat Pump Market, Major Manufacturers (Suppliers)
  • Table 7: Global Residential Heat Pump Market, Major Distributors And Channel Partners
  • Table 8: Global Residential Heat Pump Market, Key Technologies & Future Trends
  • Table 9: Global Residential Heat Pump Market, Major Trends
  • Table 10: Global Residential Heat Pump Market, Major End Users
  • Table 11: Global Residential Heat Pump Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Residential Heat Pump Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Residential Heat Pump Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Residential Heat Pump Market - TAM, US$ Billion, 2025
  • Table 15: Global Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Residential Heat Pump Market, Sub-Segmentation Of Water Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Residential Heat Pump Market, Sub-Segmentation Of Geothermal, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Residential Heat Pump Market, Sub-Segmentation Of Air Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Residential Heat Pump Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Residential Heat Pump Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Asia-Pacific, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: China, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: India, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: Japan, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Australia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Indonesia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: South Korea, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: Taiwan, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: South East Asia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: Western Europe, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: UK, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: Germany, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: France, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: Italy, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Spain, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Eastern Europe, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Russia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: North America, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: USA, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: Canada, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: South America, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: Brazil, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Middle East, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Africa, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Global Residential Heat Pump Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 96: Global Residential Heat Pump Market - Company Scoring Matrix
  • Table 97: Daikin Industries Ltd. Financial Performance
  • Table 98: Mitsubishi Electric Corporation Financial Performance
  • Table 99: Panasonic Corporation Financial Performance
  • Table 100: LG Electronics Inc. Financial Performance
  • Table 101: Carrier Global Corporation Financial Performance
  • Table 102: Global Residential Heat Pump Market, Competitive Benchmarking (In USD Billions)
  • Table 103: Global Residential Heat Pump Market, Competitive Dashboard
  • Table 104: Global Residential Heat Pump Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 105: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Table 106: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Power Source, 2025 – 2030
  • Table 107: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030

List Of Figures

    Figure 1: Global Residential Heat Pump Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Residential Heat Pump Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Residential Heat Pump Market, Supply Chain Analysis
  • Figure 4: Global Residential Heat Pump Market, Major Raw Material Providers
  • Figure 5: Global Residential Heat Pump Market, Major Resource Providers
  • Figure 6: Global Residential Heat Pump Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Residential Heat Pump Market, Major Distributors And Channel Partners
  • Figure 8: Global Residential Heat Pump Market, Key Technologies & Future Trends
  • Figure 9: Global Residential Heat Pump Market, Major Trends
  • Figure 10: Global Residential Heat Pump Market, Major End Users
  • Figure 11: Global Residential Heat Pump Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Residential Heat Pump Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Residential Heat Pump Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Residential Heat Pump Market - TAM, US$ Billion, 2025
  • Figure 15: Global Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Residential Heat Pump Market, Sub-Segmentation Of Water Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Residential Heat Pump Market, Sub-Segmentation Of Geothermal, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Residential Heat Pump Market, Sub-Segmentation Of Air Source, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Residential Heat Pump Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Residential Heat Pump Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Asia-Pacific, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: China, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: India, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: Japan, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Australia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Indonesia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: South Korea, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: Taiwan, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: South East Asia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: Western Europe, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: UK, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: Germany, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: France, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: Italy, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Spain, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Eastern Europe, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Russia, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: North America, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: USA, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: Canada, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: South America, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: Brazil, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Middle East, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Africa, Residential Heat Pump Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Residential Heat Pump Market, Segmentation By Power Source, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Residential Heat Pump Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Global Residential Heat Pump Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 96: Global Residential Heat Pump Market - Company Scoring Matrix
  • Figure 97: Daikin Industries Ltd. Financial Performance
  • Figure 98: Mitsubishi Electric Corporation Financial Performance
  • Figure 99: Panasonic Corporation Financial Performance
  • Figure 100: LG Electronics Inc. Financial Performance
  • Figure 101: Carrier Global Corporation Financial Performance
  • Figure 102: Global Residential Heat Pump Market, Competitive Benchmarking (In USD Billions)
  • Figure 103: Global Residential Heat Pump Market, Competitive Dashboard
  • Figure 104: Global Residential Heat Pump Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 105: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Type, 2025 – 2030
  • Figure 106: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Power Source, 2025 – 2030
  • Figure 107: Global, Residential Heat Pump Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030

Frequently Asked Questions

The Residential Heat Pump market was valued at $45.17 billion in 2025, increased to $49.73 billion in 2026, and is projected to reach $75.78 billion by 2030.

The global Residential Heat Pump market is expected to grow at a CAGR of 11.1% from 2026 to 2035 to reach $75.78 billion by 2035.

Some Key Players in the Residential Heat Pump market Include, Major companies operating in the residential heat pump market report are Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, LG Electronics Inc., Carrier Global Corporation, Trane Technologies, Lennox International Inc., Bosch Thermotechnik GmbH, Viessmann Group, NIBE Group, Vaillant Group, Fujitsu General Ltd., Rheem Manufacturing Company, A O Smith Corporation, Stiebel Eltron Group, Ariston Group, Glen Dimplex Group, Samsung Electronics Co Ltd., Midea Group, Enertech Global LLC .

Major trend in this market includes: Advancements Driving The Future Of Eco-Friendly Home Heat Pumps . For further insights on this market. request a sample here

Asia Pacific was the largest region in the residential heat pump market in 2025. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the residential heat pump market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Customer representative image Book your 30 minutes free consultation with our research experts