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World - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

World - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights

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Apr 19, 2024

Best Import Markets for Heat Pumps Worldwide

Heat pumps have become an essential technology in the modern world, providing efficient heating and cooling solutions for residential, commercial, and industrial buildings. As the demand for energy-efficient heating and cooling systems continues to rise, the global market for heat pumps has experienced significant growth in recent years. In this article, we will explore the top import markets for heat pumps around the world, based on data from the IndexBox market intelligence platform.

1. Germany - $1.2 Billion USD

Germany ranks as the world's top import market for heat pumps, with an import value of $1.2 billion USD in 2023. The country's strong focus on sustainable energy solutions and stringent regulations on energy efficiency have driven the demand for heat pumps in the residential and commercial sectors.

2. France - $543.3 Million USD

France is the second-largest import market for heat pumps, with an import value of $543.3 million USD in 2023. The country's ambitious targets for reducing carbon emissions and promoting renewable energy sources have contributed to the growing popularity of heat pumps as an environmentally friendly heating and cooling solution.

3. Netherlands - $393.5 Million USD

The Netherlands is another key import market for heat pumps, with an import value of $393.5 million USD in 2023. The country's high level of investment in sustainable energy infrastructure and its commitment to reducing greenhouse gas emissions have driven the adoption of heat pumps in residential and commercial buildings.

4. Italy - $380.5 Million USD

Italy's import market for heat pumps is also significant, with an import value of $380.5 million USD in 2023. The country's strong emphasis on energy efficiency and renewable energy sources has led to a growing demand for heat pumps as a clean and efficient heating and cooling solution.

5. Poland - $325.3 Million USD

Poland is a major import market for heat pumps, with an import value of $325.3 million USD in 2023. The country's increasing focus on reducing its dependence on fossil fuels and promoting renewable energy technologies has created opportunities for the growth of the heat pump market.

6. Belgium - $275.9 Million USD

Belgium's import market for heat pumps is also significant, with an import value of $275.9 million USD in 2023. The country's commitment to reducing carbon emissions and promoting energy efficiency has led to a growing demand for heat pumps in both residential and commercial buildings.

7. Switzerland - $261.2 Million USD

Switzerland ranks among the top import markets for heat pumps, with an import value of $261.2 million USD in 2023. The country's strong environmental policies and efforts to promote sustainable energy solutions have contributed to the increasing adoption of heat pumps as an efficient heating and cooling technology.

8. Austria - $244.4 Million USD

Austria's import market for heat pumps is significant, with an import value of $244.4 million USD in 2023. The country's focus on renewable energy sources and energy efficiency measures has driven the demand for heat pumps as a clean and sustainable heating and cooling solution.

9. Czech Republic - $172.5 Million USD

The Czech Republic is a key import market for heat pumps, with an import value of $172.5 million USD in 2023. The country's efforts to promote energy efficiency and reduce carbon emissions have created a favorable environment for the growth of the heat pump market.

10. Australia - $158.6 Million USD

Australia rounds out the top 10 import markets for heat pumps, with an import value of $158.6 million USD in 2023. The country's growing awareness of the importance of energy efficiency and renewable energy sources has led to an increase in the adoption of heat pumps as a cost-effective and environmentally friendly heating and cooling solution.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global heat pump market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28251380 - Heat pumps other than air conditioning machines of HS

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Samsung, LG, Hitachi, Bosch, Viessmann, Daikin, Vaillant, Nibe, Grant, Calorex, Mitsubishi, Carrier Corporation, Johnson Controls, Danfoss Power Solutions Co., Ingersoll-Rand Company, OCHSNER, LENNOX, TRANE, RHEEM, American Standard

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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