North America Heat Pump Market Size and YoY Growth (2025-2032)

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in USD Billion & percentage

Energy-Efficient Heating and Cooling to Drive the North America Heat Pump Market Growth

Published by MMR Statistics Reserch Team, January 2026

In 2025, the North America heat pump market was valued at USD 20.48 billion, reflecting a YoY growth of 7.61%, driven by increasing adoption of energy-efficient heating and cooling solutions, supportive government policies, and growing residential and commercial construction. In 2026, the market is estimated to reach USD 22.08 billion, supported by advancements in inverter and hybrid heat pump technologies and rising consumer awareness of sustainable HVAC solutions.

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Heat Pump

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Information

Unit

in USD Billion & percentage

Region

North America

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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