The Latin America, Middle East and Africa Heat Pump Market would witness market growth of 9.3% CAGR during the forecast period (2019-2025). A heat pump acts as a normal air conditioner during the warmer seasons. It removes heat from within the home and gives it to the outdoor air. During colder weather, however, the cycle reverses - the unit absorbs heat from the outdoor air and moves it to the house. Even if the air outside is extremely cold, there is still some heat in the atmosphere. If there is not enough warmth in the outdoor air to meet the need for thermostat setting, an electric heater brings the outdoor air to warm the house. This process is highly efficient as it produces two to three times more heat from the energy it consumes.
The heat pump can also be an effective add-on alternative to be used in combination with an existing gas furnace. With this dual-fuel option, both systems share the heating load, yet never operate at the same time. The heat pump is the main heating and cooling system. But, when the temperature drops below the capacity of the heat pump to work as effectively as the gas furnace, the gas furnace must take over until the temperature goes up enough to allow the heat pump to work more efficiently.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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 Heat Pump Market Analysis
Market Segmentation:
By Technology
- Air Source
- Water Source
- Ground Source
By Application
- Residential
- Industrial
- Commercial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Heat Pump Market, by Technology
1.4.2 LAMEA Heat Pump Market, by Application
1.4.3 LAMEA 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 KBV 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. LAMEA Heat Pump Market by Technology
4.1 LAMEA Air Source Heat Pump Market by Country
4.2 LAMEA Water Source Heat Pump Market by Country
4.3 LAMEA Ground Source Heat Pump Market by Country
Chapter 5. LAMEA Heat Pump Market by Application
5.1 LAMEA Residential Heat Pump Market by Country
5.2 LAMEA Industrial Heat Pump Market by Country
5.3 LAMEA Commercial Heat Pump Market by Country
Chapter 6. LAMEA Heat Pump Market by Country
6.1 Brazil Heat Pump Market
6.1.1 Brazil Heat Pump Market by Technology
6.1.2 Brazil Heat Pump Market by Application
6.2 Argentina Heat Pump Market
6.2.1 Argentina Heat Pump Market by Technology
6.2.2 Argentina Heat Pump Market by Application
6.3 UAE Heat Pump Market
6.3.1 UAE Heat Pump Market by Technology
6.3.2 UAE Heat Pump Market by Application
6.4 Saudi Arabia Heat Pump Market
6.4.1 Saudi Arabia Heat Pump Market by Technology
6.4.2 Saudi Arabia Heat Pump Market by Application
6.5 South Africa Heat Pump Market
6.5.1 South Africa Heat Pump Market by Technology
6.5.2 South Africa Heat Pump Market by Application
6.6 Nigeria Heat Pump Market
6.6.1 Nigeria Heat Pump Market by Technology
6.6.2 Nigeria Heat Pump Market by Application
6.7 Rest of LAMEA Heat Pump Market
6.7.1 Rest of LAMEA Heat Pump Market by Technology
6.7.2 Rest of LAMEA 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:
TABLE 1 LAMEA Heat Pump Market, 2015 - 2018, USD Million
TABLE 2 LAMEA Heat Pump Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Heat Pump Market
TABLE 4 Product Launches And Expansions- Heat Pump Market
TABLE 5 Mergers & Acquisitions - Heat Pump Market
TABLE 6 LAMEA Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 7 LAMEA Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 8 LAMEA Air Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 9 LAMEA Air Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 10 LAMEA Water Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 11 LAMEA Water Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 12 LAMEA Ground Source Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 13 LAMEA Ground Source Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 14 LAMEA Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 15 LAMEA Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 16 LAMEA Residential Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 17 LAMEA Residential Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 18 LAMEA Industrial Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 19 LAMEA Industrial Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 20 LAMEA Commercial Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 21 LAMEA Commercial Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 22 LAMEA Heat Pump Market by Country, 2015 - 2018, USD Million
TABLE 23 LAMEA Heat Pump Market by Country, 2019 - 2025, USD Million
TABLE 24 Brazil Heat Pump Market, 2015 - 2018, USD Million
TABLE 25 Brazil Heat Pump Market, 2019 - 2025, USD Million
TABLE 26 Brazil Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 27 Brazil Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 28 Brazil Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 29 Brazil Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 30 Argentina Heat Pump Market, 2015 - 2018, USD Million
TABLE 31 Argentina Heat Pump Market, 2019 - 2025, USD Million
TABLE 32 Argentina Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 33 Argentina Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 34 Argentina Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 35 Argentina Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 36 UAE Heat Pump Market, 2015 - 2018, USD Million
TABLE 37 UAE Heat Pump Market, 2019 - 2025, USD Million
TABLE 38 UAE Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 39 UAE Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 40 UAE Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 41 UAE Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 42 Saudi Arabia Heat Pump Market, 2015 - 2018, USD Million
TABLE 43 Saudi Arabia Heat Pump Market, 2019 - 2025, USD Million
TABLE 44 Saudi Arabia Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 45 Saudi Arabia Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 46 Saudi Arabia Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 47 Saudi Arabia Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 48 South Africa Heat Pump Market, 2015 - 2018, USD Million
TABLE 49 South Africa Heat Pump Market, 2019 - 2025, USD Million
TABLE 50 South Africa Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 51 South Africa Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 52 South Africa Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 53 South Africa Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 54 Nigeria Heat Pump Market, 2015 - 2018, USD Million
TABLE 55 Nigeria Heat Pump Market, 2019 - 2025, USD Million
TABLE 56 Nigeria Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 57 Nigeria Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 58 Nigeria Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 59 Nigeria Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 60 Rest of LAMEA Heat Pump Market, 2015 - 2018, USD Million
TABLE 61 Rest of LAMEA Heat Pump Market, 2019 - 2025, USD Million
TABLE 62 Rest of LAMEA Heat Pump Market by Technology, 2015 - 2018, USD Million
TABLE 63 Rest of LAMEA Heat Pump Market by Technology, 2019 - 2025, USD Million
TABLE 64 Rest of LAMEA Heat Pump Market by Application, 2015 - 2018, USD Million
TABLE 65 Rest of LAMEA Heat Pump Market by Application, 2019 - 2025, USD Million
TABLE 66 Key Information - United Technologies Corporation
TABLE 67 Key information - Daikin Industries Ltd.
TABLE 68 key information - NIBE Industrier AB
TABLE 69 Key Information - Viessmann Group
TABLE 70 Key Information - Ingersoll-Rand PLC
TABLE 71 Key Information - Stiebel Eltron GmbH & Co. KG
TABLE 72 key information - Robert Bosch GmbH
TABLE 73 Key Information - Panasonic Corporation
TABLE 74 key information - Mitsubishi Electric Corporation
TABLE 75 Key information - The Glen Dimplex Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Product Launches: 2019-Sep: 2015-Apr) Leading Players
FIG 5 swot analysis: UNITED TECHNOLOGIES CORPORATION
FIG 6 Recent strategies and developments: Daikin Industries Ltd.
FIG 7 SWOT Analysis: Daikin Industries Ltd.
FIG 8 Recent strategies and developments: NIBE Industrier AB
FIG 9 Recent strategies and developments: Viessmann Group
FIG 10 Recent strategies and developments: Ingersoll-Rand PLC
FIG 11 SWOT Analysis: Ingersoll-Rand PLC
FIG 12 Recent strategies and developments: Stiebel Eltron GmbH & Co. KG
FIG 13 Recent strategies and developments: Robert Bosch GmbH (Bosch Thermotechnology Corporation)
FIG 14 Swot analysis: Robert bosch gmbh
FIG 15 Recent strategies and developments: Panasonic Corporation
FIG 16 SWOT Analysis: Panasonic Corporation
FIG 17 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 18 SWOT Analysis: Mitsubishi Electric Corporation
FIG 19 Recent strategies and developments: The Glen Dimplex Group