Heat Pumps: United States

Report Overview

This report forecasts to 2023 US heat pump demand and shipments in nominal US dollars at the manufacturer level. Total demand and shipments are segmented by product in terms of: air source and geothermal. Total demand is also segmented by market as follows: commercial and residential.

To illustrate historical trends, total demand and product segments are provided in annual series from 2008 to 2018; shipments and market segments are reported at five-year intervals for 2008, 2013, and 2018.

Products excluded from the scope of this report include: portable HVAC equipment, including air conditioners, heaters, dehumidifiers, and humidifiers; ventilation equipment, including ductwork, radiators, and distribution pipes; and parts and attachments.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
333414 Heating equipment (except warm air furnaces) manufacturing
333415 Air conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing

Table of Contents

• Historical Trends
• Key Economic Indicators
• Environmental & Regulatory Factors

• Air Source
• Geothermal

• Commercial
• Residential

• Industry Characteristics
• Market Share

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

• Figure 1 | Key Trends in US Heat Pump Demand, 2018 - 2023
• Figure 2 | US Heat Pump Demand Trends, 2008 - 2018
• Table 1 | Key Indicators for US Heat Pump Demand, 2008 - 2023 (US$ bil)
• Figure 3 | US Heat Pump Demand by Product, 2008 - 2023 (US$ mil)
• Table 2 | US Heat Pump Demand by Product, 2008 - 2023 (US$ mil)
• Figure 4 | US Heat Pump Demand by Product, 2008 - 2023 (%)
• Figure 5 | US Heat Pump Demand by Market, 2008 - 2023 (US$ mil)
• Table 3 | US Heat Pump Demand by Market, 2008 - 2023 (US$ mil)
• Figure 6 | US Heat Pump Demand by Market, 2008 - 2023 (%)
• Table 4 | US Heat Pump Supply & Demand, 2008 - 2023 (US$ mil)
• Figure 7 | US Heat Pump Market Share by Company, 2018 (%)
• Table 5 | Selected Suppliers to the Heat Pump Market
• Table 6 | NAICS & SIC Codes Related to Heat Pumps