Global Heat Pump Market Size, by Region (2025-2032)

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in USD Billion

Asia Pacific to Maintain Leadership in the Global Heat Pump Market Through Urbanization and Renewable Integration

Published by MMR Statistics Reserch Team, January 2026

Regionally, the Asia Pacific heat pump market dominated in 2025 with USD 37.46 billion, followed by Europe at USD 26.32 billion and North America at USD 20.48 billion. The market is estimated to grow in 2026, with Asia Pacific reaching USD 40.78 billion, Europe USD 28.35 billion, and North America USD 22.08 billion, driven by supportive government policies, renewable energy initiatives, and rising construction activities.

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Heat Pump

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Information

Unit

in USD Billion

Region

Global

Time Period

2025-2032

Source Name

MMR Statistics

Source Link

https://www.mmrstatistics.com/

Publisher Name

MMR Statistics

Publisher Link

https://www.mmrstatistics.com/

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