Heat Pump Market - Statistics & Insights

Choose a region

Heat Pump overview

The Global Heat Pump Market represented a core pillar of building electrification and energy transition strategies in 2025, driven by tightening energy-efficiency regulations, rising electricity prices, and sustained policy incentives supporting low-carbon heating and cooling technologies. The market was valued at USD 96.36 billion in 2025 and is projected to expand at a CAGR of 8.96%, supported by accelerating adoption across residential, commercial, and light industrial applications. Heat pumps increasingly replaced fossil-fuel-based heating systems as stakeholders prioritized emissions reduction, long-term operating cost efficiency, and regulatory compliance.

Published by MMR Statistics Research Team, Updated
Top statistics

Most read insights for this topic

Statistics

Statistics

Explore curated datasets arranged by coverage region. Start with the global overview, compare continental trends, or jump straight into country-level performance snapshots.

Reports

Latest reports for Heat Pump

Browse published coverage tied to this topic. Jump straight into the featured edition or pick another region to review.

Open featured reportView topic page

Subscriptions

Stay ahead of Heat Pump with tailored access

Discover

Sample free-tier statistics before committing to a plan.

Start for Free

Professional

Unlock premium coverage across this topic with team-friendly usage rights.

Select Plan

Contact our team

Need a bespoke deep-dive on Heat Pump?

Tell us about your KPIs and coverage priorities. We can tailor a briefing, share methodology notes, or build a custom dataset that complements the reports and statistics you are browsing.

Talk with an analyst