RoMEA Heat Pump Market to 2032
Overview
The RoMEA Heat Pump Market is expected to reach a 478.50 USD Million by 2032 and is projected to grow at a CAGR of 34.54% from 2025 to 2032.
Revenue, 2024 (USD Million)
119.84
Forecast, 2032 (USD Million)
478.50
CAGR, 2024 - 2032
34.54%
Report Coverage
RoMEA
RoMEA Heat Pump Market 2018-2032 USD Million
RoMEA Heat Pump Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 119.84 USD Million
- Projected Market Size (2032): 478.50 USD Million
- CAGR (2025-2032): 34.54%
Key Findings of RoMEA Heat Pump Market
- The RoMEA Heat Pump Market was valued at 119.84 USD Million in 2024.
- The RoMEA Heat Pump Market is likely to grow at a CAGR of 34.54% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Units < 20KW in Capacity Segment accounted for the largest share of the market with a revenue of 94.97 USD Million
- The fastest growing segment Units > 20 KW in Capacity Segment grew Fastest with a CAGR of 36.16% during the forecast period from 2024 to 2032.
RoMEA Heat Pump Market Scope
RoMEA Heat Pump Market Segmentation & Scope
Type
- Ductless
- Ducted
Energy Source
- Ground Source
- Air/Air
- Air/Water
Capacity
- Units > 20 KW
- Units < 20KW
Sector
- Industrial
- Commercial
- Residential
Category
- Exhaust Air
- Reversible Others
- Sanitary Hot Water
- H-Ground/Water
- H-Air/Water
- Reversible Air-Air W/Heating
RoMEA Heat Pump Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 119.84 USD Million |
| Market Value in 2032 | 478.50 USD Million |
| CAGR (2025-2032) | 34.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Energy Source,Capacity,Sector,Category |
Regional Insights:
-
Leading Market (2024-2032): RoMEA, leading in terms of revenue 119.84 USD Million in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 119.84 USD Million in 2024.
Segments and Scope
-
RoMEA Heat Pump Market to 2032, By Type
- Ducted is the largest segment in RoMEA Heat Pump Market to 2032 with a revenue of 80.53 USD Million in the year 2024.
- Ducted is the Fastest growing segment in RoMEA Heat Pump Market to 2032 with a Growth rate of 34.99 % in forecast period 2025-2032.
-
RoMEA Heat Pump Market to 2032, By Energy Source
- Air/Water is the largest segment in RoMEA Heat Pump Market to 2032 with a revenue of 68.44 USD Million in the year 2024.
- Air/Water is the Fastest growing segment in RoMEA Heat Pump Market to 2032 with a Growth rate of 35.33 % in forecast period 2025-2032.
-
RoMEA Heat Pump Market to 2032, By Capacity
- Units < 20KW is the largest segment in RoMEA Heat Pump Market to 2032 with a revenue of 94.97 USD Million in the year 2024.
- Units > 20 KW is the Fastest growing segment in RoMEA Heat Pump Market to 2032 with a Growth rate of 34.12 % in forecast period 2025-2032.
-
RoMEA Heat Pump Market to 2032, By Sector
- Residential is the largest segment in RoMEA Heat Pump Market to 2032 with a revenue of 66.07 USD Million in the year 2024.
- Commercial is the Fastest growing segment in RoMEA Heat Pump Market to 2032 with a Growth rate of 34.20 % in forecast period 2025-2032.
-
RoMEA Heat Pump Market to 2032, By Category
- Reversible Air-Air W/Heating is the largest segment in RoMEA Heat Pump Market to 2032 with a revenue of 80.19 USD Million in the year 2024.
- Reversible Air-Air W/Heating is the Fastest growing segment in RoMEA Heat Pump Market to 2032 with a Growth rate of 35.80 % in forecast period 2025-2032.
RoMEA Heat Pump Market Company Share Analysis
| Company Name |
|
||
| Mitsubishi Electric Corporation | |||
| Panasonic Corporation | |||
| Danfoss | |||
| NIBE Industrier AB | |||
| Bosch Thermotechnik GmbH | |||
RoMEA Heat Pump Market Geographical Sales Distribution, 2018-2032 USD Million
RoMEA Heat Pump Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The RoMEA Heat Pump Market is segmented based on Segmentation Type,Energy Source,Capacity,Sector,Category.
RoMEA Heat Pump Market was valued at USD 119.84(Revenue in USD Million) in 2019.
RoMEA Heat Pump Market is projected to grow at a CAGR of 34.54% during the forecast period of 2024 to 2032.
The Units < 20KW segment is expected to dominate the RoMEA Heat Pump Market, holding a largest market share of 94.97 USD Million in 2024
RoMEA Heat Pump Market Scope
RoMEA Heat Pump Market Segmentation & Scope
Type
- Ductless
- Ducted
Energy Source
- Ground Source
- Air/Air
- Air/Water
Capacity
- Units > 20 KW
- Units < 20KW
Sector
- Industrial
- Commercial
- Residential
Category
- Exhaust Air
- Reversible Others
- Sanitary Hot Water
- H-Ground/Water
- H-Air/Water
- Reversible Air-Air W/Heating
Frequently Asked Questions
The RoMEA Heat Pump Market is segmented based on Segmentation Type,Energy Source,Capacity,Sector,Category.
RoMEA Heat Pump Market was valued at USD 119.84(Revenue in USD Million) in 2019.
RoMEA Heat Pump Market is projected to grow at a CAGR of 34.54% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Heat Pump Market for final year is USD 478.50 (USD Million).
RoMEA Heat Pump Market Company Profiling
Frequently Asked Questions
The RoMEA Heat Pump Market is segmented based on Segmentation Type,Energy Source,Capacity,Sector,Category.
RoMEA Heat Pump Market was valued at USD 119.84(Revenue in USD Million) in 2019.
RoMEA Heat Pump Market is projected to grow at a CAGR of 34.54% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Heat Pump Market for final year is USD 478.50 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.