Gas Powered - Residential Heat Pump Market Statistics
The global gas powered residential heat pump market size was valued at US$ 1,487.9 million in 2018 and is estimated to grow at a compound annual growth rate (CAGR) of 11.3% from 2018 to 2025.
Gas powered - Residential heat pump market highlights
- The global gas powered segment generated a revenue of USD 1,487.9 million in 2018 and is expected to reach USD 3,147.4 million by 2025.
- The market is expected to grow at a CAGR (2019 - 2025) of 11.3% by 2025.
- In terms of region, Asia Pacific was the largest revenue generating market in 2018.
- Country-wise, Sweden is expected to register the highest CAGR from 2019 to 2025.
Market summary
| Market revenue in 2018 | USD 1,487.9 million |
| Market revenue in 2025 | USD 3,147.4 million |
| Growth rate | 11.3% (CAGR from 2019 to 2025) |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
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Residential Heat Pump Market Scope
Residential heat pump market segmentation & scope

Residential Heat Pump Market Outlook
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