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India Industrial Heat Pump Market (2021-2027): Market Forecast

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DESCRIPTION

India Industrial Heat Pump Market (2021-2027): Market Forecast By Types (Air-To-Air, Air-To-Water, Water-To-Water), By Rated Capacity (Up To 100 KW, 100.1-250 KW, 250.1-500 KW, Above 500 KW), Rated Capacity, By Compressor Types (Scroll Compressor, Screw Compressor), By Operating Temperature Limit (Up To 20° C, 20° - 90° C, Above 90° C), By Industry Types (Manufacturing And Automotive, Pharmaceutical, Textile, Chemical & Others (Food, Dairy And Miscellaneous)), By Regions (Northern, Southern, Eastern, Western) And Competitive Landscape

India Industrial Heat Pump Market report thoroughly covers the market by types, rated capacity, operating temperature limit, regions and industry types. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Industrial Heat Pump Market Synopsis

The India industrial heat pump market witnessed moderate growth during the period 2017-2019 as a result of the rising efforts by the industrial sector to reduce the costs of energy and environmental effects due to the emission of large amounts of carbon from industrial processes. Installation of heat pumps in the industrial sector has emerged as a viable option to save energy and reduce carbon footprint. Further, the continued government support in the form of initiatives and policies such as the “Make in India” initiative gave a boost to the manufacturing sector in the country, which in turn, bolstered the demand for industrial heat pumps in India during the recent past.

However. on account of the outbreak of the COVID-19 pandemic, the industrial heat pump market in India saw a stark decline in the market revenues due to the closure of industries and supply chain disruptions caused by the lockdown. Despite the decline in market revenues during 2020, the market is anticipated to recover by 2021 and return to normal growth trajectory thereafter on account of several projects in the development pipeline such as the Atal Nagar Health ATMS project, Active Pharmaceutical Ingredients project, Dahej Hydrazine Hydrate project and several other projects in the chemical and pharmaceutical industry.

According to 6Wresearch, India Industrial Heat Pump Market size is projected to grow at CAGR of 13.6% during 2021-27. Industries are giving more emphasis on cost efficiency, energy efficiency and making efforts to reduce the carbon footprints which would propel the demand for industrial heat pumps in the coming years with the rising applications in several industries including pharmaceutical, chemical and food & beverage.

Market Analysis by Type

By types, the market is segmented into air-to-air, air-to-water, and water-to-water type of industrial heat pumps. The water-to-water and air-to-water segments have currently a dominating revenue share in the market with a cumulative market share of around 80% of the total market revenues in 2020. The water-to-water segment has the highest dominance in the overall market revenues as they require less electricity and provide high efficiency. By regions, the market is segmented into Northern, Southern, Eastern, and Western regions. The Southern region of India is currently at the top of the market due to the presence of a large number of industries in that area that are the end-users of the industrial heat pump market like pharmaceutical, textile, and many more.

Market Analysis by Operating Temperature Limit

On the basis of operating temperature limit, the up to 20°C and 20°C - 90° C segment captured the maximum share in the India industrial heat pump market in 2020. The 20°C- 90°C segment has dominated the overall market revenues in 2020 and is anticipated to continue to have the maximum share in the forecast period as the operating temperature limit of up to 20° C does not give efficient energy outcome, thus most of the industries prefer to use heat pumps at an operating temperature that lies between 20° - 90° C.

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2017 to 2020.
Base Year: 2020
Forecast Data until 2027.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

India Industrial Heat Pump Market Overview
India Industrial Heat Pump Market Outlook
India Industrial Heat Pump Market Forecast
Historical Data and Forecast of India Industrial Heat Pump Market Revenues for the Period 2017-2027.
Historical Market Data and Forecast of Revenues, by Types for the Period 2017-2027.
Historical Market Data and Forecast of Revenues, by Rated Capacity for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Compressor Types, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Operating Temperature Limit, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Regions, for the Period 2017-2027.
Historical Market Data and Forecasts of Revenues, by Industry Types, for the Period 2017-2027.
Market Drivers and Restraints
India Industrial Heat Pump Market Trends
Industry Life Cycle
Porter’s Five Force Analysis
Market Opportunity Assessment
India Industrial Heat Pump Market Share, By Companies
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

Air-to-Air
Air-to-Water
Water-to-Water

By Rated Capacity

Up to 100 kW
1-250 kW
1-500 kW
Above 500 kW

Rated Capacity, By Compressor Types

Scroll Compressor
Screw Compressor

By Operating Temperature Limit

Up to 20° C
20° - 90° C
Above 90° C

By Regions

Northern
Southern
Eastern
Western

By Industry Types

Manufacturing and Automotive
Pharmaceutical
Textile
Chemical
Others (Food, Dairy and miscellaneous)

TABLE OF CONTENTS

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of The Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. India Industrial Heat Pump Market Overview

3.1. India Industrial Heat Pump Market Revenues and Volume, 2017-2027F

3.2. India Industrial Heat Pump Market Industry Life Cycle

3.3. India Industrial Heat Pump Market Sales Cycle

3.4. India Industrial Heat Pump Market Ecosystem

3.5. India Industrial Heat Pump Market Porter’s Five Forces Model

3.6. India Industrial Heat Pump Market Revenue Share, By Types, 2020 & 2027F

3.7. India Industrial Heat Pump Market Revenue and Volume Share, By Rated Capacity, 2020 & 2027F

3.8. India Industrial Heat Pump Market Revenue Share, By Operating Temperature Limit, 2020 & 2027F

3.9. India Industrial Heat Pump Market Revenue Share, By Regions, 2020 & 2027F

3.10. India Industrial Heat Pump Market Revenue Share, By Industry Types, 2020 & 2027F

4. Covid-19 Impact Analysis on India Industrial Heat Pump Market

5. India Industrial Heat Pump Market Dynamics

5.1. Impact Analysis

5.2. Market Drivers

5.3. Market Restraints

6. India Industrial Heat Pump Market Trends

7. India Industrial Heat Pump Market Overview, By Types

7.1. India Industrial Heat Pump Market Revenues, By Types, 2017-2027F

7.1.1. India Air-to-Air Industrial Heat Pump Market Revenues, 2017-2027F

7.1.2. India Air-to-Water Industrial Heat Pump Market Revenues, 2017-2027F

7.1.3. India Water-to-Water Industrial Heat Pump Market Revenues, 2017-2027F

7.2. India Industrial Heat Pump Market Analysis for Types, By Operating Temperature

8. India Industrial Heat Pump Market Overview, By Rated Capacity

8.1. India Industrial Heat Pump Market Revenues, By Rated Capacity, 2017-2027F

8.1.1. India Up to 100 kW Industrial Heat Pump Market Revenues, 2017-2027F

8.1.2. India 100.1-250 kW Industrial Heat Pump Market Revenues, 2017-2027F

8.1.3. India 250.1-500 kW Industrial Heat Pump Market Revenues, 2017-2027F

8.1.4. India Above 500 kW Industrial Heat Pump Market Revenues, 2017-2027F

8.2. India Industrial Heat Pump Market Volume, By Rated Capacity, 2017-2027F

8.2.1. India Up to 100 kW Industrial Heat Pump Market Volume, 2017-2027F

8.2.2. India 100.1-250 kW Industrial Heat Pump Market Volume, 2017-2027F

8.2.3. India 250.1-500 kW Industrial Heat Pump Market Volume, 2017-2027F

8.2.4. India Above 500 kW Industrial Heat Pump Market Volume, 2017-2027F

8.3. India Industrial Heat Pump Market Analysis for Rated Capacity, By Compressor Types

8.3.1. India Industrial Heat Pump Market Share for Rated Capacity, By Compressor Types, 2020 & 2027F

8.3.2. India Industrial Heat Pump Market Revenues for Rated Capacity, By Compressor Types, 2017-2027F

8.3.2.1. India Industrial Heat Pump Market Revenues for Rated Capacity, By Scroll Compressor, 2017-2027F

8.3.2.2. India Industrial Heat Pump Market Revenues for Rated Capacity, By Screw Compressor, 2017-2027F

9. India Industrial Heat Pump Market Overview, By Operating Temperature Limit

9.1. India Industrial Heat Pump Market Revenues, By Operating Temperature Limit, 2017-2027F

9.1.1. India Up to 20° C Industrial Heat Pump Market Revenues, 2017-2027F

9.1.2. India 20°-90° C Industrial Heat Pump Market Revenues, 2017-2027F

9.1.3. India Above 90° C Industrial Heat Pump Market Revenue, 2017-2027F

10. India Industrial Heat Pump Market Overview, By Regions

10.1. India Industrial Heat Pump Market Revenues, By Regions, 2017-2027F

10.1.1 India Northern Region Industrial Heat Pump Market Revenues, 2017-2027F

10.1.2. India Southern Region Industrial Heat Pump Market Revenues, 2017-2027F

10.1.3. India Eastern Region Industrial Heat Pump Market Revenues, 2017-2027F

10.1.4. India Western Region Industrial Heat Pump Market Revenues, 2017-2027F

11. India Industrial Heat Pump Market Overview, By Industry Types

11.1. India Industrial Heat Pump Market Revenues, By Industry Types, 2017-2027F

11.1.1 India Industrial Heat Pump Market Revenues, By Manufacturing & Automotive Industry, 2017-2027F

11.1.2. India Industrial Heat Pump Market Revenues, By Pharmaceutical Industry, 2017-2027F

11.1.3. India Industrial Heat Pump Market Revenues, By Textile Industry, 2017-2027F

11.1.4. India Industrial Heat Pump Market Revenues, By Chemical Industry, 2017-2027F

11.1.5. India Industrial Heat Pump Market Revenues, By Others (Food, Dairy and miscellaneous) Industry, 2017-2027F

12. India Industrial Heat Pump Market Key Performance Indicators

13. India Industrial Heat Pump Market Opportunity Assessment

13.1. India Industrial Heat Pump Market Opportunity Assessment, By Types, 2027F

13.2. India Industrial Heat Pump Market Opportunity Assessment, By Rated Capacity, 2027F

13.3. India Industrial Heat Pump Market Opportunity Assessment, By Operating Temperature Limit, 2027F

13.4. India Industrial Heat Pump Market Opportunity Assessment, By Regions, 2027F

14. India Industrial Heat Pump Market Price Trend Analysis

14.1. India Industrial Heat Pump Market Average Selling Price, By Rated Capacity

15. India Industrial Heat Pump Market Competitive Landscape

15.1. India Industrial Heat Pump Market Revenue Share, By Origin, 2020 & 2027F

15.2. India Industrial Heat Pump Market Revenue Share Ranking, By Companies, 2020

15.3. India Industrial Heat Pump Market Competitive Benchmarking, By Technical Parameters

15.4. India Industrial Heat Pump Market Competitive Benchmarking, By Operating Parameters

16. Company Profiles

16.1. Carrier Air Conditioning & Refrigeration Ltd.

16.2. GEA Group Aktiengesellschaft

16.3. Johnson Controls International plc

16.4. Midea Group Co. Ltd.

16.5. Trane Technologies plc

16.6. Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A.

16.7. Swegon Bluebox Private Limited

16.8. Flamingo Heat Pumps

16.9. Brio Energy Pvt. Ltd

16.10. EcoTech Solutions

17. Key Strategic Recommendations

18. Disclaimer

List Of Tables

1. India Industrial Heat Pump Market Revenues, By Types, 2017-2027F (INR Crores)

2. India Industrial Heat Pump Market Revenues, By Rated Capacity, 2017-2027F (INR Crores)

3. India Industrial Heat Pump Market Volume, By Rated Capacity, 2017-2027F (Units)

4. India Industrial Heat Pump Market Revenue Share for Rated Capacity, by Compressor Types, 2020 & 2027F

5. India Industrial Heat Pump Market Revenues for Rated Capacity, by Compressor Types, 2017-2027F (INR Crores)

6. India Industrial Heat Pump Market Revenues, By Operating Temperature Limit, 2017-2027F (INR Crores)

7. India Industrial Heat Pump Market Revenues, By Regions, 2017-2027F (INR Crores)

8. India Industrial Heat Pump Market Revenues, By Industry Types, 2017-2027F (INR Crores)

9. Upcoming Pharmaceutical Projects in India

10. Ongoing Projects in India Chemical Sector

List Of Figures

1. India Industrial Heat Pump Market Revenues and Volume, 2017-2027F (INR Crores, Units)

2. India Industrial Heat Pump Market Revenue Share, By Types, 2020 & 2027F

3. India Industrial Heat Pump Market Revenue Share, By Rated Capacity, 2020 & 2027F

4. India Industrial Heat Pump Market Volume Share, By Rated Capacity, 2020 & 2027F

5. India Industrial Heat Pump Market Revenue Share, By Operating Temperature Limit, 2020 & 2027F

6. India Industrial Heat Pump Market Revenue Share, By Regions, 2020 & 2027F

7. India Industrial Heat Pump Market Revenue Share, By Industry Types, 2020 & 2027F

8. Market Size of India Chemical Sector, 2017-2022F ($ Billion)

9. Indian Pharmaceutical Sector, 2015-2019 (US $ Billion)

10. India’s annual CO2 emissions, 2016-2019 (MtCO2)

11. India Industrial Heat Pump Market Analysis for Rated Capacity, by Compressor Types

12. GVA of Manufacturing at basic current prices, FY’16-FY’20 ($ billion)

13. Gross Capital Formation of Manufacturing Sector at current prices, FY’16-FY20 ($ Billion)

14. Annual Automotive Production- Two Wheelers and Cars, 2016-2025F (Thousand Units)

15. Share of each segment in Total Automotive Production Volume (FY 2020)

16. Revenue of Indian Textile and Apparel Sector 2020 and 2026F ($ billion)

17. India’s Textile Trade FY 2016- FY 2020 ($ billion)

18. India Industrial Heat Pump Market Opportunity Assessment, By Types, 2027F

19. India Industrial Heat Pump Market Opportunity Assessment, By Rated Capacity, 2027F

20. India Industrial Heat Pump Market Opportunity Assessment, By Operating Temperature Limit, 2027F

21. India Industrial Heat Pump Market Opportunity Assessment, By Regions, 2027F

22. India Industrial Heat Pump Market Average Selling Price, By Rated Capacity, 2017-2027F (INR Lakhs)

23. India Industrial Heat Pump Market Revenue Share, By Origin, 2020 & 2027F

24. India Industrial Heat Pump Market Revenue Ranking, By Companies, 2020

25. India Industrial Heat Pump Market Leading Domestic Manufacturers, 2020

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