Key Industrial Heat Pump Market Players:
- Johnson Controls International plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Siemens Energy AG
- Danfoss A/S
- Bosch Thermotechnik Gmbh
- NIBE Industries AB
- GEA Group AG
Top players such as Johnson Controls International plc, Daikin Industries, Ltd., and Mitsubishi Heavy Industries, Ltd. in the industrial heat pump market are driven by some key factors including service & support, technological innovation, customized solutions, and many others. Top Industrial Heat Pump Market players are also capitalizing on research and development to progress the performance and efficiency of their products. Here are some leading players in the industrial heat pump market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of industrial heat pump is estimated at USD 11.21 billion.
Industrial Heat Pump Market size was valued at USD 10.55 billion in 2025 and is likely to cross USD 20.56 billion by 2035, expanding at more than 6.9% CAGR during the forecast period i.e., between 2026-2035.
Europe's 34.1% share in the Industrial Heat Pump Market is propelled by government initiatives and investments promoting sustainable heating technologies, ensuring strong growth through 2026–2035.
Key players in the market include Johnson Controls International plc, Siemens Energy AG, Danfoss A/S, Bosch Thermotechnik Gmbh and NIBE Industries AB, and GEA Group AG.
