Analysts’ Viewpoint
Growing concerns about the environmental impact of conventional heat derived from sources such as crude oil with hydrogen as key element is driving the global solar-assisted heat pump market. Rise in efforts to increase penetration of renewable electricity in the heating and cooling sector through massive deployment of heat pumps in the household building & industrial sectors is expected to propel market expansion. Furthermore, surge in usage of solar-assisted heat pumps in various industries and applications to provide energy-efficient and sustainable heating and cooling solutions is likely to accelerate market development.
High potential of these pumps to increase the share of renewables in energy systems and enhance the flexibility of smart grids and integrated thermal-electric grids presents lucrative opportunities in the market. Companies have adopted growth strategies such as contracts & agreements, investment & expansion, partnerships, collaborations, alliances, and joint ventures to capture a larger share of the market.
Solar-assisted heat pump is a system that combines solar thermal energy with a heat pump to provide space heating and domestic hot water. The solar thermal component captures energy from the sun and transfers it to a heat pump, which then uses the energy to heat water or air. The system typically includes solar collectors, heat exchangers, heat pumps, and storage tanks. The solar collectors absorb the sun's energy and transfer it to a heat exchanger, which then transfers the heat to the heat pump. The heat pump then compresses the energy to raise the temperature and transfers it to the storage tank where it can be used for space heating or domestic hot water.
Solar-assisted heat pumps can be used in different settings, including residential, commercial, and industrial applications. These are particularly useful in locations with abundant sunlight, as solar energy can supplement the heat pump's energy needs, reducing reliance on grid electricity. It is a highly versatile and important emerging technology.
Government incentives and policies are driving the global solar-assisted heat pump market size. These incentives and policies could take many forms, including tax credits, subsidies, and rebates. These can also include regulations and standards that require or encourage the adoption of solar-assisted heat pumps. For instance, some governments offer tax credits to individuals or businesses that install solar-assisted heat pumps. These tax credits can significantly reduce the upfront cost of the system and make them more financially attractive. Some governments could also offer subsidies or rebates that further reduce the cost of the system.
In addition to financial incentives, governments could set standards or regulations that require or encourage the adoption of solar-assisted heat pumps. For instance, some countries have set targets for the adoption of renewable energy sources, including solar-assisted heat pumps. Governments could also require that new buildings meet certain energy efficiency standards, which can encourage the installation of solar-assisted heat pumps.
Overall, government incentives and policies could help overcome some of the barriers to the adoption of solar-assisted heat pumps, such as the upfront cost of the system. Financial incentives and regulations that encourage adoption are likely to augment the market and accelerate the transition to renewable energy sources.
Solar-assisted heat pumps offer several cost-saving benefits over traditional heating and cooling systems. These use solar energy to provide heat and cooling, which reduces running costs compared to conventional systems that rely on fossil fuels. This could result in significant savings on energy bills, particularly in areas with high energy costs.
Solar-assisted heat pumps are highly efficient; these require less energy to provide the same amount of heating or cooling as traditional systems. This results in lower energy consumption and reduced operating costs over time. Furthermore, solar-assisted heat pumps require less maintenance than traditional systems. This is because they have fewer moving parts and do not rely on combustible fuels, which can result in lower maintenance and repair costs over time.
Solar-assisted heat pumps can add value to a property by improving its energy efficiency and reducing its carbon footprint. This could make the property more attractive to buyers and increase its resale value. Overall, cost savings associated with solar-assisted heat pumps are significant and are likely to drive global solar-assisted heat pump market development in the next few years. An increase in awareness about these savings is likely to increase demand for solar-assisted heat pump systems.
Solar-assisted air source heat pump technology uses air as the source of heat. These systems use solar thermal collectors to heat a fluid, which is then used to provide additional heat to the air source heat pump. The heat pump compresses the heat to a higher temperature, which can be used for space heating, hot water, or other purposes.
Air source heat pumps have several advantages over other types of solar-assisted heat pumps. These are typically less expensive to install than ground source heat pumps, as these do not require the installation of a ground loop. These pumps also require less space, making them more suitable for smaller properties. Furthermore, air source heat pumps can provide both heating and cooling. During summer, the heat pump could be reversed to provide cooling, which can help to reduce the need for air conditioning.
Air source heat pumps are also becoming increasingly popular due to advancements in technology and increase in demand for energy-efficient and sustainable heating and cooling solutions. Newer air source heat pump models are more efficient than older models, and can provide more heat output for the same amount of energy input. This has helped to make air source heat pumps more cost-effective and attractive to consumers.
As per solar-assisted heat pump market trends, Asia Pacific accounted for largest share of the global market in 2022. The trend is expected to continue during the forecast period. China, the Middle East, and India are expected to be the key markets in the region during the forecast period. This is ascribed to rise in need for renewable energy alternatives that are cost-effective and more efficient.
Europe is also an attractive market for solar-assisted heat pumps. The region held significant global solar-assisted heat pump market share in 2022. Increase in investment in renewable energy projects in Germany, France, and Sweden is propelling the market in the region in the next few years.
Australia, Brazil, and South Africa have emerged as significant markets in the past few years. These countries are actively investing in solar-assisted heat pumps.
The global market is highly consolidated, with the presence of small number of large players. Major companies are investing significantly in comprehensive research & development activities, primarily to develop environment-friendly products. Commercialization of solar-assisted heat pumps has increased revenue in the market, prompting leading players to expand production units in untapped markets, particularly in developing countries. Mitsubishi Electric, Daikin Industries, Bosch Thermotechnology, Viessmann Group, Stiebel Eltron, NIBE Energy Systems, Panasonic Corporation, Carrier Corporation, Trane Technologies, A.O. Smith Corporation, Ecoforest, WaterFurnace International, Wolf GmbH, and Vaillant Group are the prominent players operating in the market.
Each of these players has been profiled in the solar-assisted heat pump market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
Attribute |
Detail |
Size in 2022 |
US$ 4.1 Bn |
Forecast (Value) in 2031 |
US$ 8.3 Bn |
Growth Rate (CAGR) |
8.2% |
Forecast Period |
2023–2031 |
Historical Data Available for |
2021 |
Quantitative Units |
US$ Bn for Value & Kilo Tons for Volume |
Market Analysis |
It includes cross-segment analysis as well as regional level analysis. Furthermore, the qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
The global industry was valued at US$ 4.1 Bn in 2022.
It is expected to grow at a CAGR of 8.2% from 2022 to 2031.
Government support & incentives for renewable energy and cost-savings & high efficiency are expected to drive the solar-assisted heat pump market.
Air source was the largest type segment in 2022.
Asia Pacific was the most lucrative region in 2022.
Mitsubishi Electric, Daikin Industries, Bosch Thermotechnology, Viessmann Group, Stiebel Eltron, NIBE Energy Systems, Panasonic Corporation, Carrier Corporation, Trane Technologies, A.O. Smith Corporation, Ecoforest, WaterFurnace International, Wolf GmbH, and Vaillant Group are the prominent players in the market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. Global Solar-assisted Heat Pump Market Analysis and Forecast, 2022-2031
2.6.1. Global Solar-assisted Heat Pump Market Volume (Units)
2.6.2. Global Solar-assisted Heat Pump Market Revenue (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Suppliers
2.9.2. List of Key Manufacturers
2.9.3. List of Key Suppliers
2.9.4. List of Potential Customers
2.10. Product Specification Analysis
2.11. Production Overview
2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
3.1. Impact on the Supply Chain of the Solar-assisted Heat Pump
3.2. Impact on the Demand of Solar-assisted Heat Pump– Pre & Post Crisis
4. Production Output Analysis (Units), 2021
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Latin America
4.5. Middle East and Africa˙
5. Impact of Current Geopolitical Scenario on Market
6. Price Trend Analysis and Forecast (US$/Unit), 2022-2031
6.1. Price Trend Analysis by Type
6.2. Price Trend Analysis by Region
7. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Type, 2022–2031
7.1. Introduction and Definitions
7.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
7.2.1. Air Source
7.2.2. Water Source
7.2.3. Ground Source
7.2.4. Exhaust Air
7.2.5. Hybrid heat pumps
7.2.6. Others
7.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
8. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Application, 2022–2031
8.1. Introduction and Definitions
8.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
8.2.1. Residential Space Heating
8.2.2. Commercial Space Heating
8.2.3. Food Driers & Water Treatment
8.2.4. Cooling
8.2.5. Others
8.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
9. Global Solar-assisted Heat Pump Market Analysis and Forecast, by Region, 2022–2031
9.1. Key Findings
9.2. Global Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Region, 2022–2031
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Region
10. North America Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
10.1. Key Findings
10.2. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.3. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
10.4. North America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country, 2022–2031
10.4.1. U.S. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.4.2. U.S. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
10.4.3. Canada Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
10.4.4. Canada Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
10.5. North America Solar-assisted Heat Pump Market Attractiveness Analysis
11. Europe Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
11.1. Key Findings
11.2. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.3. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
11.4. Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
11.4.1. Germany Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.2. Germany. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.3. France Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.4. France. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.5. U.K. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.6. U.K. Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.7. Italy Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.8. Italy Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.9. Russia & CIS Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.10. Russia & CIS Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.4.11. Rest of Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
11.4.12. Rest of Europe Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
11.5. Europe Solar-assisted Heat Pump Market Attractiveness Analysis
12. Asia Pacific Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
12.1. Key Findings
12.2. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type
12.3. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
12.4. Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
12.4.1. China Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.2. China Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.3. Japan Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.4. Japan Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.5. India Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.6. India Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.7. ASEAN Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.8. ASEAN Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.4.9. Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
12.4.10. Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
12.5. Asia Pacific Solar-assisted Heat Pump Market Attractiveness Analysis
13. Latin America Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
13.1. Key Findings
13.2. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.3. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
13.4. Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
13.4.1. Brazil Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.2. Brazil Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.4.3. Mexico Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.4. Mexico Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.4.5. Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
13.4.6. Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
13.5. Latin America Solar-assisted Heat Pump Market Attractiveness Analysis
14. Middle East & Africa Solar-assisted Heat Pump Market Analysis and Forecast, 2022–2031
14.1. Key Findings
14.2. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.3. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Application, 2022–2031
14.4. Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Country and Sub-region, 2021-2031
14.4.1. GCC Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.2. GCC Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.4.3. South Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.4. South Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.4.5. Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, by Type, 2022–2031
14.4.6. Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) and Value (US$ Mn) Forecast, Application, 2022–2031
14.5. Middle East & Africa Solar-assisted Heat Pump Market Attractiveness Analysis
15. Competition Landscape
15.1. Global Solar-assisted Heat Pump Company Market Share Analysis, 2021
15.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
15.2.1. Mitsubishi Electric
15.2.1.1. Company Revenue
15.2.1.2. Business Overview
15.2.1.3. Product Segments
15.2.1.4. Geographic Footprint
15.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.2. Daikin Industries
15.2.2.1. Company Revenue
15.2.2.2. Business Overview
15.2.2.3. Product Segments
15.2.2.4. Geographic Footprint
15.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.3. Bosch Thermotechnology
15.2.3.1. Company Revenue
15.2.3.2. Business Overview
15.2.3.3. Product Segments
15.2.3.4. Geographic Footprint
15.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.4. Viessmann Group
15.2.4.1. Company Revenue
15.2.4.2. Business Overview
15.2.4.3. Product Segments
15.2.4.4. Geographic Footprint
15.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.5. Stiebel Eltron
15.2.5.1. Company Revenue
15.2.5.2. Business Overview
15.2.5.3. Product Segments
15.2.5.4. Geographic Footprint
15.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.6. NIBE Energy Systems
15.2.6.1. Company Revenue
15.2.6.2. Business Overview
15.2.6.3. Product Segments
15.2.6.4. Geographic Footprint
15.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.7. Panasonic Corporation
15.2.7.1. Company Revenue
15.2.7.2. Business Overview
15.2.7.3. Product Segments
15.2.7.4. Geographic Footprint
15.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.8. Carrier Corporation
15.2.8.1. Company Revenue
15.2.8.2. Business Overview
15.2.8.3. Product Segments
15.2.8.4. Geographic Footprint
15.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.9. Trane Technologies
15.2.9.1. Company Revenue
15.2.9.2. Business Overview
15.2.9.3. Product Segments
15.2.9.4. Geographic Footprint
15.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.10. A.O. Smith Corporation
15.2.10.1. Company Revenue
15.2.10.2. Business Overview
15.2.10.3. Product Segments
15.2.10.4. Geographic Footprint
15.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.11. Ecoforest
15.2.11.1. Company Revenue
15.2.11.2. Business Overview
15.2.11.3. Product Segments
15.2.11.4. Geographic Footprint
15.2.11.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.11.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.12. WaterFurnace International
15.2.12.1. Company Revenue
15.2.12.2. Business Overview
15.2.12.3. Product Segments
15.2.12.4. Geographic Footprint
15.2.12.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.12.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.13. Wolf GmbH
15.2.13.1. Company Revenue
15.2.13.2. Business Overview
15.2.13.3. Product Segments
15.2.13.4. Geographic Footprint
15.2.13.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.13.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
15.2.14. Vaillant Group
15.2.14.1. Company Revenue
15.2.14.2. Business Overview
15.2.14.3. Product Segments
15.2.14.4. Geographic Footprint
15.2.14.5. Production Capacity/Plant Details, etc. (*As Applicable)
15.2.14.6. Strategic Partnership, Capacity Expansion, New Product Innovation etc.
16. Primary Research: Key Insights
17. Appendix
List of Tables
Table 1: Global Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 2: Global Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 3: Global Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 4: Global Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 5: Global Solar-assisted Heat Pump Market Volume (Units) Forecast, by Region, 2022–2031
Table 6: Global Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Region, 2022–2031
Table 7: North America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 8: North America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 9: North America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 10: North America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 11: North America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Country, 2022–2031
Table 12: North America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Country, 2022–2031
Table 13: U.S. Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 14: U.S. Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 15: U.S. Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 16: U.S. Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application, 2022–2031
Table 17: Canada Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 18: Canada Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 19: Canada Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 20: Canada Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 21: Europe Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 22: Europe Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 23: Europe Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 24: Europe Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 25: Europe Solar-assisted Heat Pump Market Volume (Units) Forecast, by Country and Sub-region, 2022–2031
Table 26: Europe Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022–2031
Table 27: Germany Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 28: Germany Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 29: Germany Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 30: Germany Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 31: France Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 32: France Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 33: France Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 34: France Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 35: U.K. Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 36: U.K. Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 37: U.K. Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 38: U.K. Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 39: Italy Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 40: Italy Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 41: Italy Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 42: Italy Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 43: Spain Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 44: Spain Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 45: Spain Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 46: Spain Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 47: Russia & CIS Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 48: Russia & CIS Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 49: Russia & CIS Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 50: Russia & CIS Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 51: Rest of Europe Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 52: Rest of Europe Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 53: Rest of Europe Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 54: Rest of Europe Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 55: Asia Pacific Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 56: Asia Pacific Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 57: Asia Pacific Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 58: Asia Pacific Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 59: Asia Pacific Solar-assisted Heat Pump Market Volume (Units) Forecast, by Country and Sub-region, 2022–2031
Table 60: Asia Pacific Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022–2031
Table 61: China Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 62: China Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type 2022–2031
Table 63: China Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 64: China Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 65: Japan Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 66: Japan Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 67: Japan Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 68: Japan Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 69: India Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 70: India Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 71: India Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 72: India Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 73: ASEAN Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 74: ASEAN Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 75: ASEAN Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 76: ASEAN Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 77: Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 78: Rest of Asia Pacific Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 79: Rest of Asia Pacific Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 80: Rest of Asia Pacific Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 81: Latin America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 82: Latin America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 83: Latin America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 84: Latin America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 85: Latin America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Country and Sub-region, 2022–2031
Table 86: Latin America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022–2031
Table 87: Brazil Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 88: Brazil Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 89: Brazil Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 90: Brazil Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 91: Mexico Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 92: Mexico Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 93: Mexico Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 94: Mexico Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 95: Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 96: Rest of Latin America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 97: Rest of Latin America Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 98: Rest of Latin America Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 99: Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 100: Middle East & Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 101: Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 102: Middle East & Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 103: Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Country and Sub-region, 2022–2031
Table 104: Middle East & Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Country and Sub-region, 2022–2031
Table 105: GCC Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 106: GCC Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 107: GCC Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 108: GCC Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 109: South Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 110: South Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 111: South Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 112: South Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
Table 113: Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Type, 2022–2031
Table 114: Rest of Middle East & Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Type, 2022–2031
Table 115: Rest of Middle East & Africa Solar-assisted Heat Pump Market Volume (Units) Forecast, by Application, 2022–2031
Table 116: Rest of Middle East & Africa Solar-assisted Heat Pump Market Value (US$ Mn) Forecast, by Application 2022–2031
List of Figures
Figure 1: Global Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 2: Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 3: Global Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 4: Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 5: Global Solar-assisted Heat Pump Market Volume Share Analysis, by Region, 2021, 2027, and 2031
Figure 6: Global Solar-assisted Heat Pump Market Attractiveness Analysis, by Region
Figure 7: North America Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 8: North America Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 9: North America Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 10: North America Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 11: North America Solar-assisted Heat Pump Market Volume Share Analysis, by Country, 2021, 2027, and 2031
Figure 12: North America Solar-assisted Heat Pump Market Attractiveness Analysis, by Country and Sub-region
Figure 13: Europe Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 14: Europe Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 15: Europe Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 16: Europe Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 17: Europe Solar-assisted Heat Pump Market Volume Share Analysis, by Country and Sub-region, 2021, 2027, and 2031
Figure 18: Europe Solar-assisted Heat Pump Market Attractiveness Analysis, by Country and Sub-region
Figure 19: Asia Pacific Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 20: Asia Pacific Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 21: Asia Pacific Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 22: Asia Pacific Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 23: Asia Pacific Solar-assisted Heat Pump Market Volume Share Analysis, by Country and Sub-region, 2021, 2027, and 2031
Figure 24: Asia Pacific Solar-assisted Heat Pump Market Attractiveness Analysis, by Country and Sub-region
Figure 25: Latin America Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 26: Latin America Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 27: Latin America Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 28: Latin America Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 29: Latin America Solar-assisted Heat Pump Market Volume Share Analysis, by Country and Sub-region, 2021, 2027, and 2031
Figure 30: Latin America Solar-assisted Heat Pump Market Attractiveness Analysis, by Country and Sub-region
Figure 31: Middle East & Africa Solar-assisted Heat Pump Market Volume Share Analysis, by Type, 2021, 2027, and 2031
Figure 32: Middle East & Africa Solar-assisted Heat Pump Market Attractiveness Analysis, by Type
Figure 33: Middle East & Africa Solar-assisted Heat Pump Market Volume Share Analysis, by Application, 2021, 2027, and 2031
Figure 34: Middle East & Africa Solar-assisted Heat Pump Market Attractiveness Analysis, by Application
Figure 35: Middle East & Africa Solar-assisted Heat Pump Market Volume Share Analysis, by Country and Sub-region, 2021, 2027, and 2031
Figure 36: Middle East & Africa Solar-assisted Heat Pump Market Attractiveness Analysis, by Country and Sub-region