Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial High Temperature Heat Pump Market by Type (Output Temperature 70 to 90 Degrees Celsius, Output Temperature 90 to 120 Degrees Celsius, Output Temperature is Greater Than 120 Degrees Celsius), By Application (Food Industry, Industrial Manufacturing, Chemical Products, Electronic Appliances, Petroleum Refining, Metal Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial High Temperature Heat Pump Market by Type (Output Temperature 70 to 90 Degrees Celsius, Output Temperature 90 to 120 Degrees Celsius, Output Temperature is Greater Than 120 Degrees Celsius), By Application (Food Industry, Industrial Manufacturing, Chemical Products, Electronic Appliances, Petroleum Refining, Metal Industry, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 248384 4200 Machinery & Equipment 377 206 Pages 4.6 (42)
                                          

Market Overview:


The global industrial high temperature heat pump market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly heating and cooling systems across various industries. In addition, the growing awareness about the benefits of using high temperature heat pumps is also contributing to the growth of this market. Based on type, the global industrial high temperature heat pump market can be segmented into output temperatures 70 to 90 degrees Celsius, output temperatures 90 to 120 degrees Celsius, and output temperatures greater than 120 degrees Celsius. Output temperatures greater than 120 degrees Celsius are witnessing a higher demand due to their ability to provide efficient heating and cooling solutions in extreme conditions.


Global Industrial High Temperature Heat Pump Industry Outlook


Product Definition:


A heat pump is a device used to transfer heat energy from one location to another. Heat pumps are typically used to extract heat from a cold space and release it into a warmer one. However, they can also be reversed so that they act as air conditioners in the summertime.


An industrial high temperature heat pump is specifically designed for use in an industrial setting. It has the ability to handle higher temperatures than a standard household heat pump. This makes it ideal for heating large spaces or rooms with equipment that produces high levels of heat.


Output Temperature 70 to 90 Degrees Celsius:


The global industrial high temperature heat pump (HTHP) market size was valued at USD 2.0 billion in 2016 and is expected to witness a significant growth owing to the rising demand for energy-efficient solutions. The HTHP offers an effective solution for heating, ventilation, and air conditioning (HVAC) applications which are used across various industries including chemical processing, petrochemical manufacturing as well as power generation.


Output Temperature 90 to 120 Degrees Celsius:


The output temperature is the temperature of heat leaving the device and it is measured with a thermocoupler or thermopile. The higher the output temperature, generally, the more efficient and clean your device will be.


The 120 to 90 degree Celsius range is most commonly used in industrial applications as high operating temperatures are required for various processes such as chemical reactions, melting/cooling metals & alloys or sterilization processes that require heating/ cooling cycles at high temperatures.


Application Insights:


The food industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to factors such as growing demand for packaged food products, rapid urbanization leading to increased consumer spending on restaurants and hotels, changing lifestyles that require more energy-efficient appliances coupled with government initiatives encouraging adoption of HTHP in developed economies including U.S., Germany, France and UK are expected to drive demand over the forecast period.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing number of manufacturing facilities in the region. In addition, favorable government policies promoting investments in HVHP are anticipated to drive the market growth over the forecast period.


Europe accounted for more than 25% share of global revenue in 2017 on account of high product adoption across various end-use industries including food & beverage, pharmaceuticals, metal manufacturing and others due to its superior performance as compared to other conventional heating systems. Moreover, growing awareness regarding energy conservation is anticipated fuel demand for HVHP over next eight years thereby augmenting industry growth during forecast period.


The Middle East & Africa (MEA) accounted for approximately 6% share of global revenue in 2017 owing with presence major petroleum refining companies such as Saudi Refining LLC and Oran Petroleum Corp.


Growth Factors:


  • Increasing demand for energy-efficient and environment-friendly heating and cooling systems
  • Growing awareness about the benefits of using industrial high temperature heat pumps
  • Rising investments in research and development to improve the efficiency of industrial high temperature heat pumps
  • Technological advancements that have led to the development of more efficient and compact industrial high temperature heat pumps
  • The increasing popularity of green buildings, which are increasingly adopting industrial high temperature heat pumps as their primary heating and cooling system

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial High Temperature Heat Pump Market Research Report

By Type

Output Temperature 70 to 90 Degrees Celsius, Output Temperature 90 to 120 Degrees Celsius, Output Temperature is Greater Than 120 Degrees Celsius

By Application

Food Industry, Industrial Manufacturing, Chemical Products, Electronic Appliances, Petroleum Refining, Metal Industry, Others

By Companies

Keling Energy Saving, NKXTA, Moon-Tech, Phnix, GzZhengxu, Lyjn, Oilon, OCHSNER, Vossli, MAYEKAWA MFG. CO., LTD, Keling Energy Saving, OMERUN

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

206

Number of Tables & Figures

145

Customization Available

Yes, the report can be customized as per your need.


Global Industrial High Temperature Heat Pump Market Report Segments:

The global Industrial High Temperature Heat Pump market is segmented on the basis of:

Types

Output Temperature 70 to 90 Degrees Celsius, Output Temperature 90 to 120 Degrees Celsius, Output Temperature is Greater Than 120 Degrees Celsius

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food Industry, Industrial Manufacturing, Chemical Products, Electronic Appliances, Petroleum Refining, Metal Industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Keling Energy Saving
  2. NKXTA
  3. Moon-Tech
  4. Phnix
  5. GzZhengxu
  6. Lyjn
  7. Oilon
  8. OCHSNER
  9. Vossli
  10. MAYEKAWA MFG. CO., LTD
  11. Keling Energy Saving
  12. OMERUN

Global Industrial High Temperature Heat Pump Market Overview


Highlights of The Industrial High Temperature Heat Pump Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Output Temperature 70 to 90 Degrees Celsius
    2. Output Temperature 90 to 120 Degrees Celsius
    3. Output Temperature is Greater Than 120 Degrees Celsius
  1. By Application:

    1. Food Industry
    2. Industrial Manufacturing
    3. Chemical Products
    4. Electronic Appliances
    5. Petroleum Refining
    6. Metal Industry
    7. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial High Temperature Heat Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Industrial High Temperature Heat Pump Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Industrial high temperature heat pump is a type of air-conditioning system that uses refrigerants to transfer heat between two or more locations. The system works by using the principles of thermodynamics to move thermal energy from one location to another.

Some of the key players operating in the industrial high temperature heat pump market are Keling Energy Saving, NKXTA, Moon-Tech, Phnix, GzZhengxu, Lyjn, Oilon, OCHSNER, Vossli, MAYEKAWA MFG. CO., LTD, Keling Energy Saving, OMERUN.

The industrial high temperature heat pump market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial High Temperature Heat Pump Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Industrial High Temperature Heat Pump Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Industrial High Temperature Heat Pump Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Industrial High Temperature Heat Pump Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Industrial High Temperature Heat Pump Market Size & Forecast, 2018-2028       4.5.1 Industrial High Temperature Heat Pump Market Size and Y-o-Y Growth       4.5.2 Industrial High Temperature Heat Pump Market Absolute $ Opportunity

Chapter 5 Global Industrial High Temperature Heat Pump Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Industrial High Temperature Heat Pump Market Size Forecast by Type
      5.2.1 Output Temperature 70 to 90 Degrees Celsius
      5.2.2 Output Temperature 90 to 120 Degrees Celsius
      5.2.3 Output Temperature is Greater Than 120 Degrees Celsius
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Industrial High Temperature Heat Pump Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Industrial High Temperature Heat Pump Market Size Forecast by Applications
      6.2.1 Food Industry
      6.2.2 Industrial Manufacturing
      6.2.3 Chemical Products
      6.2.4 Electronic Appliances
      6.2.5 Petroleum Refining
      6.2.6 Metal Industry
      6.2.7 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Industrial High Temperature Heat Pump Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Industrial High Temperature Heat Pump Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Industrial High Temperature Heat Pump Analysis and Forecast
   9.1 Introduction
   9.2 North America Industrial High Temperature Heat Pump Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Industrial High Temperature Heat Pump Market Size Forecast by Type
      9.6.1 Output Temperature 70 to 90 Degrees Celsius
      9.6.2 Output Temperature 90 to 120 Degrees Celsius
      9.6.3 Output Temperature is Greater Than 120 Degrees Celsius
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Industrial High Temperature Heat Pump Market Size Forecast by Applications
      9.10.1 Food Industry
      9.10.2 Industrial Manufacturing
      9.10.3 Chemical Products
      9.10.4 Electronic Appliances
      9.10.5 Petroleum Refining
      9.10.6 Metal Industry
      9.10.7 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Industrial High Temperature Heat Pump Analysis and Forecast
   10.1 Introduction
   10.2 Europe Industrial High Temperature Heat Pump Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Industrial High Temperature Heat Pump Market Size Forecast by Type
      10.6.1 Output Temperature 70 to 90 Degrees Celsius
      10.6.2 Output Temperature 90 to 120 Degrees Celsius
      10.6.3 Output Temperature is Greater Than 120 Degrees Celsius
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Industrial High Temperature Heat Pump Market Size Forecast by Applications
      10.10.1 Food Industry
      10.10.2 Industrial Manufacturing
      10.10.3 Chemical Products
      10.10.4 Electronic Appliances
      10.10.5 Petroleum Refining
      10.10.6 Metal Industry
      10.10.7 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Industrial High Temperature Heat Pump Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Industrial High Temperature Heat Pump Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Industrial High Temperature Heat Pump Market Size Forecast by Type
      11.6.1 Output Temperature 70 to 90 Degrees Celsius
      11.6.2 Output Temperature 90 to 120 Degrees Celsius
      11.6.3 Output Temperature is Greater Than 120 Degrees Celsius
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Industrial High Temperature Heat Pump Market Size Forecast by Applications
      11.10.1 Food Industry
      11.10.2 Industrial Manufacturing
      11.10.3 Chemical Products
      11.10.4 Electronic Appliances
      11.10.5 Petroleum Refining
      11.10.6 Metal Industry
      11.10.7 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Industrial High Temperature Heat Pump Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Industrial High Temperature Heat Pump Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Industrial High Temperature Heat Pump Market Size Forecast by Type
      12.6.1 Output Temperature 70 to 90 Degrees Celsius
      12.6.2 Output Temperature 90 to 120 Degrees Celsius
      12.6.3 Output Temperature is Greater Than 120 Degrees Celsius
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Industrial High Temperature Heat Pump Market Size Forecast by Applications
      12.10.1 Food Industry
      12.10.2 Industrial Manufacturing
      12.10.3 Chemical Products
      12.10.4 Electronic Appliances
      12.10.5 Petroleum Refining
      12.10.6 Metal Industry
      12.10.7 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Industrial High Temperature Heat Pump Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Industrial High Temperature Heat Pump Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Industrial High Temperature Heat Pump Market Size Forecast by Type
      13.6.1 Output Temperature 70 to 90 Degrees Celsius
      13.6.2 Output Temperature 90 to 120 Degrees Celsius
      13.6.3 Output Temperature is Greater Than 120 Degrees Celsius
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Industrial High Temperature Heat Pump Market Size Forecast by Applications
      13.10.1 Food Industry
      13.10.2 Industrial Manufacturing
      13.10.3 Chemical Products
      13.10.4 Electronic Appliances
      13.10.5 Petroleum Refining
      13.10.6 Metal Industry
      13.10.7 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Industrial High Temperature Heat Pump Market: Competitive Dashboard
   14.2 Global Industrial High Temperature Heat Pump Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Keling Energy Saving
      14.3.2 NKXTA
      14.3.3 Moon-Tech
      14.3.4 Phnix
      14.3.5 GzZhengxu
      14.3.6 Lyjn
      14.3.7 Oilon
      14.3.8 OCHSNER
      14.3.9 Vossli
      14.3.10 MAYEKAWA MFG. CO., LTD
      14.3.11 Keling Energy Saving
      14.3.12 OMERUN

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