Asia Pacific Industrial Heat Pump Market Size and Forecast 2021 - 2031, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Heat Source, End User, Operating Temperature, Size, and Country

Description

List of Tables

Industrial Heat Pump Market Forecast (2021-2031), Asia Pacific and Regional Share, Trends, and Growth Opportunity Analysis - Heat Source (Water, Air, Geothermal, and Waste Heat), End User (Energy and Power, Manufacturing, Chemicals, Food and Beverages, Paper and Pulp, Wood Products, and Others), Operating Temperature (Below 120°C, 120-150°C, and Above 150°C), Size (Below 2 MW, 2-5 MW and Above 5 MW), and Country

The industrial heat pump market size was valued at US$ 3.09 billion in 2024 and is expected to reach US$ 5.41 billion by 2031; it is estimated to record a CAGR of 8.6% from 2025 to 2031.

China has the largest share in Asia Pacific industrial heat pump market, owing to increasing demand from the manufacturing sector. According to China National Bureau of Statistics (NBS), in 2024, the manufacturing sector was valued at US$ 4.67 trillion, increasing by 6.0% compared to the previous year, 2023, and the manufacturing sector accounted for ~24.86% of China's GDP. Industrial heat pumps are more energy-efficient than traditional heating methods. They are used to achieve the highest efficiency levels based on the application in the manufacturing sector. Industrial heat pumps are a powerful tool for manufacturing industries aiming to reduce energy consumption, lower carbon emissions, and optimize their processes.

Increasing investment in the chemical and petrochemical sector across China drives the industrial heat pump market growth. For instance, in November 2024, Sinopec Corp and Saudi Aramco made an investment of US$10 billion for the construction of a petrochemical complex in Fujian province, China. This facility aimed at producing 5 million tons of petrochemical feedstock annually. The use of industrial heat pumps in the petrochemical sector is growing, especially for better energy efficiency and reduced carbon emissions in their operations. Thus, increasing investment in the petrochemical and manufacturing sector in China created a massive demand for industrial heat pump products in the country.

In Japan's manufacturing sector, increasing public and private sector investment is driving the industrial heat pump market to improve production processes. The government of Japan is investing in several policies for promoting digital transformation in the manufacturing industry, including the development of guidelines, evaluations, and metrics in collaboration with companies, governments, and academia, as well as the promotion of data integration and standardization among companies.

The manufacturing sector in Japan accounts for more than 36% of the country's CO2 emissions, surpassing other sectors such as tertiary industries and the energy sector. In 2023, CO2 emissions in the manufacturing sector reached more than 390 million tons, with the majority coming from materials industries such as chemicals, steel, paper and pulp, and ceramics and cement. In 2022, the Japanese Cabinet Office surveyed the Japanese private companies intended to increase green investment and reduce carbon emissions. The rising focus on reducing CO2 emissions in the manufacturing process industries drives the Japanese industrial heat pump market. Increasing carbon emissions from various industries with stringent government rules and regulations to reduce the emissions drives the industrial heat pump market.

Mitsubishi Heavy Industries, Daikin Industries Ltd, Danfoss A/S, Emerson Electric, Johnson Controls International Plc, Robert Bosch GmbH, Siemens AG, Carrier, Swegon, and Atlas Copco AB are among the key Industrial Heat Pump Market players that are profiled in this market study.

The overall Asia Pacific industrial heat pump market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Industrial Heat Pump Market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific industrial heat pump Market.

Product Code: TIPRE00039862

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Industrial Heat Pump Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers and Component Suppliers:
- 4.3.2 Industrial Heat Pump Manufacturers:
- 4.3.3 End Users:
- 4.3.4 List of Vendors in the Value Chain

5. Asia Pacific Industrial Heat Pump Market - Key Market Dynamics

5.1 Asia Pacific Industrial Heat Pump Market - Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints:

6. Asia Pacific Industrial Heat Pump Market Analysis

6.1 Overview
6.2 Asia Pacific Industrial Heat Pump Market Revenue (US$ Million), 2021-2031
6.3 Asia Pacific Industrial Heat Pump Market Forecast and Analysis

7. Asia Pacific Industrial Heat Pump Market Analysis - by Heat Source

7.1 Water
- 7.1.1 Overview
- 7.1.2 Water: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Air
- 7.2.1 Overview
- 7.2.2 Air: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Geothermal
- 7.3.1 Overview
- 7.3.2 Geothermal: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Waste Heat
- 7.4.1 Overview
- 7.4.2 Waste Heat: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)

8. Asia Pacific Industrial Heat Pump Market Analysis - by End User

8.1 Energy and Power
- 8.1.1 Overview
- 8.1.2 Energy and Power: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Manufacturing
- 8.2.1 Overview
- 8.2.2 Manufacturing: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Chemicals
- 8.3.1 Overview
- 8.3.2 Chemicals: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Food and Beverages
- 8.4.1 Overview
- 8.4.2 Food and Beverages: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Paper and Pulp
- 8.5.1 Overview
- 8.5.2 Paper and Pulp: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Wood Products
- 8.6.1 Overview
- 8.6.2 Wood Products: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)

9. Asia Pacific Industrial Heat Pump Market Analysis - by Operating Temperature

9.1 Below 120 °C
- 9.1.1 Overview
- 9.1.2 Below 120 °C: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
9.2-150°C
- 9.2.1 Overview
- 9.2.2-150°C: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Above 150°C
- 9.3.1 Overview
- 9.3.2 Above 150°C: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)

10. Asia Pacific Industrial Heat Pump Market Analysis - by Size

10.1 Below 2 MW
- 10.1.1 Overview
- 10.1.2 Below 2 MW: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
10.2 2-5 MW
- 10.2.1 Overview
- 10.2.2 2-5 MW: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Above 5 MW
- 10.3.1 Overview
- 10.3.2 Above 5 MW: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)

11. Asia Pacific Industrial Heat Pump Market - Country Analysis

11.1 Asia Pacific
- 11.1.1 Asia Pacific Industrial Heat Pump Market Revenue and Forecast and Analysis - by Country
  - 11.1.1.1 Asia Pacific Industrial Heat Pump Market Revenue and Forecast and Analysis - by Country
  - 11.1.1.2 China: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.2.1 China: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.2.2 China: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.2.3 China: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.2.4 China: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.2.5 China Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.6 China Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.7 China Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.8 China Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.9 China Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.10 China Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.11 China Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.12 China Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.13 China Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.14 China Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.15 China Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.16 China Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.2.17 China Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.2.18 China Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.3 Japan: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.3.1 Japan: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.3.2 Japan: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.3.3 Japan: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.3.4 Japan: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.3.5 Japan Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.6 Japan Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.7 Japan Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.8 Japan Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.9 Japan Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.10 Japan Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.11 Japan Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.12 Japan Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.13 Japan Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.14 Japan Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.15 Japan Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.16 Japan Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.3.17 Japan Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.3.18 Japan Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.4 India: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.4.1 India: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.4.2 India: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.4.3 India: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.4.4 India: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.4.5 India Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.6 India Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.7 India Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.8 India Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.9 India Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.10 India Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.11 India Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.12 India Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.13 India Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.14 India Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.15 India Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.16 India Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.4.17 India Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.4.18 India Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.5 Indonesia: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.5.1 Indonesia: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.5.2 Indonesia: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.5.3 Indonesia: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.5.4 Indonesia: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.5.5 Indonesia Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.6 Indonesia Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.7 Indonesia Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.8 Indonesia Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.9 Indonesia Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.10 Indonesia Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.11 Indonesia Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.12 Indonesia Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.13 Indonesia Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.14 Indonesia Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.15 Indonesia Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.16 Indonesia Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.5.17 Indonesia Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.5.18 Indonesia Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.6 South Korea: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.6.1 South Korea: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.6.2 South Korea: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.6.3 South Korea: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.6.4 South Korea: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.6.5 South Korea Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.6 South Korea Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.7 South Korea Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.8 South Korea Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.9 South Korea Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.10 South Korea Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.11 South Korea Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.12 South Korea Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.13 South Korea Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.14 South Korea Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.15 South Korea Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.16 South Korea Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.6.17 South Korea Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.6.18 South Korea Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.7 Singapore: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.7.1 Singapore: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.7.2 Singapore: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.7.3 Singapore: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.7.4 Singapore: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.7.5 Singapore Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.6 Singapore Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.7 Singapore Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.8 Singapore Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.9 Singapore Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.10 Singapore Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.11 Singapore Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.12 Singapore Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.13 Singapore Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.14 Singapore Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.15 Singapore Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.16 Singapore Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.7.17 Singapore Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.7.18 Singapore Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.8 Australia: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.8.1 Australia: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.8.2 Australia: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.8.3 Australia: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.8.4 Australia: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.8.5 Australia Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.6 Australia Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.7 Australia Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.8 Australia Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.9 Australia Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.10 Australia Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.11 Australia Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.12 Australia Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.13 Australia Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.14 Australia Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.15 Australia Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.16 Australia Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.8.17 Australia Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.8.18 Australia Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031
  - 11.1.1.9 Rest of APAC: Asia Pacific Industrial Heat Pump Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.9.1 Rest of APAC: Asia Pacific Industrial Heat Pump Market Breakdown by Heat Source
    - 11.1.1.9.2 Rest of APAC: Asia Pacific Industrial Heat Pump Market Breakdown by End User
    - 11.1.1.9.3 Rest of APAC: Asia Pacific Industrial Heat Pump Market Breakdown by Operating Temperature
    - 11.1.1.9.4 Rest of APAC: Asia Pacific Industrial Heat Pump Market Breakdown by Size
    - 11.1.1.9.5 Rest of APAC Industrial Heat Pump Market for Energy & Power, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.6 Rest of APAC Industrial Heat Pump Market for Energy & Power, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.7 Rest of APAC Industrial Heat Pump Market for Manufacturing, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.8 Rest of APAC Industrial Heat Pump Market for Manufacturing, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.9 Rest of APAC Industrial Heat Pump Market for Chemicals, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.10 Rest of APAC Industrial Heat Pump Market for Chemicals, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.11 Rest of APAC Industrial Heat Pump Market for Food and Beverages, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.12 Rest of APAC Industrial Heat Pump Market for Food and Beverages, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.13 Rest of APAC Industrial Heat Pump Market for Paper and Pulp, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.14 Rest of APAC Industrial Heat Pump Market for Paper and Pulp, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.15 Rest of APAC Industrial Heat Pump Market for Wood Products, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.16 Rest of APAC Industrial Heat Pump Market for Wood Products, By Size, US$ Mn, 2021-2031
    - 11.1.1.9.17 Rest of APAC Industrial Heat Pump Market for Others, By Operating Temperature, US$ Mn, 2021-2031
    - 11.1.1.9.18 Rest of APAC Industrial Heat Pump Market for Others, By Size, US$ Mn, 2021-2031

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions

14. Company Profiles

14.1 Daikin Industries Ltd
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Danfoss AS
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Emerson Electric Co
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Johnson Controls International Plc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Financial Overview
- 14.4.4 SWOT Analysis
- 14.4.5 Key Developments
14.5 Mitsubishi Heavy Industries Ltd
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Robert Bosch GmbH
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Siemens Energy AG
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Carrier Global Corp
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Alfa Laval AB
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Lennox International Inc
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
14.11 GEA Group AG
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
14.12 Heaten AS
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
14.13 CIMCO Refrigeration
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.4 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
14.14 Copeland LP
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
14.15 Atlas Copco AB
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments

15. Appendix

15.1 About The Insight Partners