maklogo
Market Research Report

Global New Energy Vehicle Heat Pump System Market Insights, Size, and Forecast By Application (Passenger Vehicles, Commercial Vehicles, Two-Wheelers, Heavy-Duty Vehicles), By Cooling Capacity (Low Capacity, Medium Capacity, High Capacity), By Component (Compressor, Evaporator, Condenser, Expansion Valve), By Type (Air Source Heat Pump, Water Source Heat Pump, Ground Source Heat Pump), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:85543
Published Date:Jan 2026
No. of Pages:239
Base Year for Estimate:2025
Format:
Customize Report

Key Market Insights

Global New Energy Vehicle Heat Pump System Market is projected to grow from USD 11.4 Billion in 2025 to USD 48.7 Billion by 2035, reflecting a compound annual growth rate of 16.4% from 2026 through 2035. This significant expansion underscores the critical role of heat pump systems in enhancing the efficiency and range of New Energy Vehicles NEVs globally. Heat pump systems for NEVs are advanced thermal management solutions that efficiently heat and cool the vehicle cabin and battery pack by transferring heat rather than generating it. This technology is crucial for optimizing energy consumption, particularly in electric vehicles, where cabin heating can significantly reduce driving range. The market is primarily driven by the escalating global demand for NEVs, fueled by stringent emission regulations and increasing consumer awareness regarding environmental sustainability. Government incentives and subsidies promoting NEV adoption also play a pivotal role in accelerating market growth. Furthermore, the continuous advancements in battery technology necessitating precise thermal management for optimal performance and longevity are compelling automakers to integrate sophisticated heat pump systems. The passenger vehicle segment currently dominates the market, reflecting the larger volume of sales and the widespread application of these systems in consumer-oriented NEVs.

Global New Energy Vehicle Heat Pump System Market Value (USD Billion) Analysis, 2025-2035

maklogo
16.4%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

Important trends shaping the market include the integration of artificial intelligence and machine learning for predictive thermal management, allowing systems to anticipate heating or cooling needs based on user patterns and environmental conditions. There is also a strong trend towards modular and compact heat pump designs, enabling easier integration into various vehicle architectures and reducing overall weight. The development of multi-functional heat pump systems that can manage both cabin comfort and battery thermal conditioning simultaneously is another key trend. However, the market faces restraints such as the relatively high initial cost of heat pump systems compared to traditional PTC heaters, which can impact the overall vehicle price. Technical complexities in system integration, especially across diverse NEV platforms, and the need for specialized refrigerants also pose challenges. Despite these hurdles, substantial opportunities exist in the commercial vehicle segment, as electrification extends to buses, trucks, and vans, creating new avenues for heat pump adoption. The development of next-generation refrigerants with lower global warming potential and enhanced efficiency also presents a lucrative growth area.

Asia Pacific stands out as the dominant region in the global New Energy Vehicle Heat Pump System Market, driven by robust NEV production and sales, particularly in countries like China, Japan, and South Korea. These nations are at the forefront of NEV innovation and adoption, supported by proactive government policies and strong domestic manufacturing capabilities. The region's large population base and increasing disposable incomes further contribute to the higher penetration of NEVs. Moreover, Asia Pacific is also projected to be the fastest-growing region, owing to the rapid urbanization, increasing investments in NEV infrastructure, and the continuous expansion of manufacturing facilities by both local and international players. Key players such as Mitsubishi Electric Corporation, Volkswagen AG, Hyundai Motor Company, Toyota Motor Corporation, and Panasonic Corporation are strategically focusing on research and development to introduce more efficient and compact heat pump systems. Their strategies often involve collaborations with automotive OEMs, expanding manufacturing capabilities, and investing in advanced materials and components to gain a competitive edge in this evolving market.

Quick Stats

  • Market Size (2025):

    USD 11.4 Billion

  • Projected Market Size (2035):

    USD 48.7 Billion

  • Leading Segment:

    Passenger Vehicles (85.4% Share)

  • Dominant Region (2025):

    Asia Pacific (58.2% Share)

  • CAGR (2026-2035):

    16.4%

What is New Energy Vehicle Heat Pump System?

A New Energy Vehicle heat pump system efficiently manages cabin temperature and battery thermal needs. It's a reversible refrigeration cycle that transfers heat rather than generating it, significantly improving energy efficiency compared to traditional resistive heaters or direct refrigerant AC. Using a compressor, evaporator, condenser, and expansion valve, it extracts ambient heat for warming or dissipates internal heat for cooling. This integrated approach optimizes range by reducing electrical load for climate control and enables precise thermal management for crucial battery performance and longevity in electric and hybrid vehicles. Its core concept is energy efficient heat transfer.

What are the Trends in Global New Energy Vehicle Heat Pump System Market

  • Integrated Thermal Management Systems Drive Efficiency

  • Software Defined Climate Control Optimizes Range

  • Ultra Compact Heat Pumps Enable New EV Designs

  • Sustainable Refrigerants Reshape Component Landscape

Integrated Thermal Management Systems Drive Efficiency

Integrated thermal management optimizes energy use by coordinating heating, cooling, and battery thermal regulation. This holistic approach enhances efficiency, extends range, and improves component longevity in new energy vehicles. Systems intelligently manage heat flow, diverting or utilizing waste heat, leading to significant power savings and enhanced passenger comfort through precise temperature control.

Software Defined Climate Control Optimizes Range

Software defined climate control optimizes range by intelligently managing cabin temperature and battery preconditioning. Algorithms leverage sensor data and external factors like weather and traffic to dynamically adjust heating or cooling, minimizing energy consumption without compromising passenger comfort. This smart optimization extends EV driving range significantly.

Ultra Compact Heat Pumps Enable New EV Designs

Ultra compact heat pumps are a burgeoning trend. These miniature systems free up valuable space in electric vehicles. Their small footprint allows manufacturers greater flexibility in battery placement and cabin design. This enables innovative EV architectures with improved range and interior volume. Such advancements are crucial for next generation vehicle development.

Sustainable Refrigerants Reshape Component Landscape

Stricter environmental regulations are driving the adoption of sustainable refrigerants in NEV heat pumps. This shift necessitates redesigns of compressors, heat exchangers, and other system components to optimize performance and efficiency with these new, often natural, working fluids. Manufacturers are investing in R&D to adapt existing designs and develop innovative solutions, reshaping the component landscape to align with a greener future.

What are the Key Drivers Shaping the Global New Energy Vehicle Heat Pump System Market

  • Stringent Emissions Regulations & EV Mandates

  • Advancements in Heat Pump Technology & Efficiency

  • Expanding Electric Vehicle Model Diversity & Adoption

  • Consumer Demand for Extended EV Range & Cabin Comfort

Stringent Emissions Regulations & EV Mandates

Governments globally are enforcing strict rules to cut vehicle emissions and promote electric vehicles. These mandates push automakers to adopt highly efficient thermal management solutions like heat pumps. This directly fuels demand for sophisticated heat pump systems, as they are crucial for maximizing EV range and cabin comfort while meeting regulatory compliance.

Advancements in Heat Pump Technology & Efficiency

Innovations in heat pump designs and their enhanced energy performance are propelling the new energy vehicle heat pump system market. These advancements lead to more compact, reliable, and efficient systems, improving vehicle range and passenger comfort. Such technological strides are crucial for wider adoption, driving growth as consumers increasingly prioritize sustainable and effective thermal management solutions in electric and hybrid vehicles.

Expanding Electric Vehicle Model Diversity & Adoption

Automaker proliferation of diverse electric vehicle models, including SUVs, sedans, and trucks, appeals to a wider consumer base. This increased selection, coupled with enhanced performance and range, accelerates consumer willingness to transition from traditional internal combustion engines, boosting EV adoption rates worldwide. Each new model expands the addressable market for heat pump systems.

Consumer Demand for Extended EV Range & Cabin Comfort

Consumers increasingly desire longer electric vehicle ranges and enhanced cabin comfort. This demand drives manufacturers to integrate efficient heat pump systems, crucial for both battery thermal management and passenger climate control without significantly impacting range. Heat pumps deliver superior energy efficiency for heating and cooling, directly addressing consumer desire for extended travel and luxurious interior environments in new energy vehicles.

Global New Energy Vehicle Heat Pump System Market Restraints

High Initial Investment and Installation Costs for Advanced Heat Pump Systems

Advanced heat pump systems demand significant upfront capital for purchase and integration into new energy vehicles. This substantial initial financial outlay creates a barrier for widespread adoption by manufacturers and consumers. The complex installation processes further contribute to the elevated costs, making these efficient systems less accessible despite their long term benefits. This financial hurdle restrains the market's full potential growth.

Lack of Standardized Testing and Certification for NEV Heat Pump Performance

Absence of universal testing and certification for NEV heat pump performance hinders market growth. Without consistent benchmarks, comparing efficiency and reliability across different manufacturers is difficult. This lack of standardization creates uncertainty for consumers and vehicle manufacturers, slowing adoption of advanced heat pump systems. It also impedes innovation as there is no unified method to validate performance improvements.

Global New Energy Vehicle Heat Pump System Market Opportunities

Advanced Heat Pump Systems for Extended EV Range and Accelerated Charging

Advanced heat pump systems offer a compelling opportunity by significantly extending EV range and accelerating charging. These innovative systems efficiently manage battery thermal conditions and cabin climate, minimizing energy consumption for heating and cooling, thus preserving battery power for propulsion. Crucially, they also precondition batteries to optimal temperatures for faster, more efficient charging, especially in extreme climates. This dual benefit directly addresses major consumer concerns regarding range anxiety and charging times, driving substantial demand for advanced thermal management solutions across new energy vehicles globally, particularly in high-growth regions.

Cost-Optimized and Modular Heat Pump Solutions for Mainstream EV Adoption

The opportunity involves providing innovative, efficient heat pump solutions to drive wider electric vehicle adoption. Cost optimization makes EVs more accessible to the mass market by lowering purchase price and running expenses. Modular designs enable easy integration across diverse vehicle platforms, simplifying manufacturing, reducing development costs, and improving scalability. This combined approach addresses crucial barriers like affordability and vehicle compatibility, ultimately enhancing overall energy efficiency, improving cabin comfort, and extending range, thereby accelerating mainstream consumer acceptance of electric mobility globally.

Global New Energy Vehicle Heat Pump System Market Segmentation Analysis

Key Market Segments

By Application

  • •Passenger Vehicles
  • •Commercial Vehicles
  • •Two-Wheelers
  • •Heavy-Duty Vehicles

By Type

  • •Air Source Heat Pump
  • •Water Source Heat Pump
  • •Ground Source Heat Pump

By Component

  • •Compressor
  • •Evaporator
  • •Condenser
  • •Expansion Valve

By Cooling Capacity

  • •Low Capacity
  • •Medium Capacity
  • •High Capacity

Segment Share By Application

Share, By Application, 2025 (%)

  • Passenger Vehicles
  • Commercial Vehicles
  • Two-Wheelers
  • Heavy-Duty Vehicles
maklogo
$11.4BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why are Passenger Vehicles dominating the Global New Energy Vehicle Heat Pump System Market?

Passenger Vehicles hold a commanding majority share due to their significant proliferation in the new energy vehicle sector globally. This segment benefits from widespread consumer adoption of electric and hybrid cars, driven by evolving environmental regulations and a strong emphasis on thermal comfort and maximizing battery range. Heat pump systems are crucial for efficient cabin heating and cooling, directly impacting battery performance and extending driving distance, making them an indispensable feature in the rapidly expanding passenger EV market.

Which component segment is fundamental to the heat pump system's operation?

The Compressor segment is absolutely fundamental to the operation of any heat pump system in new energy vehicles. As the heart of the system, the compressor circulates the refrigerant, converting it into a high pressure, high temperature gas, which is essential for both heating and cooling cycles. Its efficiency and reliability directly impact the overall performance, energy consumption, and longevity of the entire thermal management system, making it a critical and high value component across all vehicle types.

What implications does cooling capacity segmentation have for vehicle manufacturers?

The segmentation by Cooling Capacity Low, Medium, High indicates manufacturers must tailor heat pump systems to specific vehicle requirements and regional climates. Low capacity units are typically suitable for smaller vehicles or mild climates, prioritizing compactness and cost. Medium and High capacity systems are crucial for larger vehicles, commercial applications, or regions with extreme temperatures, ensuring effective cabin conditioning and battery thermal management under demanding conditions. This necessitates flexible design and production strategies to meet diverse market needs.

What Regulatory and Policy Factors Shape the Global New Energy Vehicle Heat Pump System Market

Global new energy vehicle heat pump system market growth is significantly shaped by evolving regulatory landscapes. Governments worldwide are implementing stringent emissions standards and ambitious electric vehicle adoption targets. Policies like vehicle electrification mandates, tax incentives, and subsidies for EV purchases directly boost demand for efficient thermal management systems, including heat pumps. Notably, regions like Europe, China, and North America are introducing stricter fuel economy and CO2 reduction targets, compelling automakers to integrate advanced heat pump technology for improved EV range and battery performance. Furthermore, some governments offer research and development funding for innovative sustainable automotive components. This creates a highly favorable policy environment for heat pump system manufacturers.

What New Technologies are Shaping Global New Energy Vehicle Heat Pump System Market?

Innovations center on enhancing heat pump efficiency and integration for New Energy Vehicles. Advancements include variable speed compressors, intelligent thermal management systems, and the adoption of eco friendly refrigerants like R744 and R290. Emerging technologies focus on AI driven control algorithms optimizing energy use for cabin comfort and battery preconditioning. Waste heat recovery integration further boosts system performance. Miniaturization and silent operation of components are also key trends. These developments collectively improve vehicle range, reduce energy consumption, and provide superior climate control across diverse environmental conditions, driving significant market expansion through advanced thermal solutions.

Global New Energy Vehicle Heat Pump System Market Regional Analysis

Global New Energy Vehicle Heat Pump System Market

Trends, by Region

Largest Market
Fastest Growing Market
maklogo
58.2%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

North America, particularly the US, is a rapidly expanding market for New Energy Vehicle (NEV) heat pump systems, driven by ambitious emission reduction targets and consumer demand for efficient EVs. Tax credits and incentives further stimulate adoption. The region benefits from a strong automotive manufacturing base, fostering innovation in heat pump technologies for diverse climates. Cold weather performance and cabin comfort remain key drivers for advancements. Supply chain localization and robust R&D are crucial for market leadership, with established automakers and startups actively investing in advanced thermal management solutions to enhance EV range and performance.

Europe is a key growth region for NEV heat pump systems. Stringent emissions targets and a strong focus on electrification drive demand. Germany leads with robust automotive R&D and manufacturing capabilities, followed by France and the UK due to favorable government incentives and rising EV adoption. Scandinavia shows strong uptake due to cold weather driving requirements and high EV penetration. The region benefits from established supply chains and increasing consumer awareness of heat pump efficiency, though component sourcing diversification is a growing consideration. Innovation in efficiency and compact designs is critical for European market penetration.

Asia Pacific dominates the New Energy Vehicle Heat Pump System Market, holding a substantial 58.2% share. The region is also the fastest-growing, with an impressive CAGR of 19.2%. This growth is fueled by robust government support, expanding EV production, and a strong focus on enhancing vehicle efficiency and range. Countries like China, Japan, and South Korea are at the forefront, with significant investments in EV infrastructure and advanced thermal management technologies. The rapid adoption of EVs across the region further solidifies its leading position in this burgeoning market.

Latin America’s EV heat pump system market is nascent but promising. Brazil leads due to local manufacturing and growing EV adoption, attracting significant investment. Mexico’s proximity to North American automotive hubs positions it for future growth, driven by potential EV production and government incentives. Chile shows steady progress with supportive policies and increasing EV imports. Argentina and Colombia are emerging markets, albeit slower, with government initiatives gradually stimulating demand. Key drivers include tightening emissions regulations, expanding charging infrastructure, and rising consumer awareness. Challenges include limited local R&D and high import costs, necessitating greater regional collaboration and localization efforts for sustained expansion.

The MEA region, particularly the UAE and Saudi Arabia, exhibits growing potential for NEV heat pump systems due to government electrification targets and infrastructure development. While currently a smaller segment, increasing adoption of electric vehicles in these nations, driven by sustainability initiatives and rising fuel costs, propels demand. South Africa also contributes, albeit at a slower pace. Challenges include limited local manufacturing and reliance on imports. However, the region's abundant solar resources and favorable policies for renewables suggest a positive long-term outlook for NEV heat pump system integration, especially as charging infrastructure expands across urban centers and inter-city routes.

Top Countries Overview

The US market for global new energy vehicle heat pump systems is expanding due to domestic manufacturing and technology adoption. Increased demand for efficient thermal management in EVs drives innovation and market growth among key players.

China dominates the global new energy vehicle heat pump system market. Its robust domestic manufacturing and expanding EV sector drive significant growth and technological advancements. Chinese suppliers are key players in the global supply chain, shaping future market trends.

India's new energy vehicle heat pump system market is emerging, driven by electric vehicle adoption and government incentives. Global players eye this growing, competitive landscape for sustainable thermal management solutions. Local manufacturing and technology partnerships are key for market penetration and meeting increasing demand.

Impact of Geopolitical and Macroeconomic Factors

Geopolitical shifts favoring climate action are propelling the New Energy Vehicle (NEV) heat pump market. Government incentives and stricter emission standards globally are accelerating NEV adoption, with heat pumps being crucial for extended range in diverse climates. Trade tensions impacting component supply chains could elevate costs, but regional manufacturing diversification is mitigating some of these risks.

Macroeconomic factors include persistent inflation and interest rate hikes potentially tempering consumer spending on new vehicles, though energy security concerns are simultaneously driving demand for fuel efficient options. Investment in charging infrastructure and renewable energy generation supports NEV growth, creating a robust ecosystem for heat pump system integration and market expansion.

Recent Developments

  • March 2025

    Hyundai Motor Company announced a strategic partnership with Fujitsu General Limited to co-develop next-generation heat pump systems specifically tailored for their EV lineup. This collaboration aims to integrate Fujitsu's advanced HVAC expertise with Hyundai's vehicle architecture for enhanced efficiency and performance.

  • January 2025

    Volkswagen AG unveiled its new 'Thermal Efficiency Platform' featuring a proprietary heat pump system designed for its upcoming ID.7 and ID. Buzz models. This integrated system promises significant improvements in winter range and cabin pre-conditioning capabilities.

  • February 2025

    Mitsubishi Electric Corporation launched its latest compact and high-efficiency heat pump module, the 'Eco-EV Thermal-X', designed for easier integration into smaller EV platforms. This product launch targets emerging EV manufacturers and aims to reduce overall system complexity and cost.

  • April 2025

    Panasonic Corporation announced a major expansion of its production facilities for EV heat pump compressors in North America, signaling a strategic initiative to meet growing demand from local automotive manufacturers. This investment reflects Panasonic's commitment to strengthening its supply chain and market presence in the region.

  • May 2025

    Valeo SA acquired a significant stake in a specialized software company focused on predictive thermal management algorithms for EV applications. This acquisition aims to enhance Valeo's heat pump offerings with intelligent controls that optimize energy consumption based on driving conditions and weather forecasts.

Key Players Analysis

Key players in the Global New Energy Vehicle Heat Pump System Market include Mitsubishi Electric, Fujitsu General, Panasonic, and Valeo, specializing in advanced heat pump technologies crucial for electric vehicle thermal management. Automakers like Volkswagen, Hyundai, Toyota, BMW, and General Motors integrate these systems, often through partnerships, to enhance vehicle range and cabin comfort. Strategic initiatives focus on developing highly efficient, compact, and cost effective systems utilizing refrigerants like R1234yf or even CO2. Market growth is driven by increasing EV adoption, stringent emission regulations, and the demand for more efficient and performant thermal solutions to optimize battery life and passenger experience.

List of Key Companies:

  1. Mitsubishi Electric Corporation
  2. Volkswagen AG
  3. Hyundai Motor Company
  4. Toyota Motor Corporation
  5. Fujitsu General Limited
  6. BMW AG
  7. Panasonic Corporation
  8. Calsonic Kansei Corporation
  9. Valeo SA
  10. General Motors
  11. Tesla, Inc.
  12. Rheinmetall AG
  13. Daimler AG
  14. Ford Motor Company
  15. Nissan Motor Corporation

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 11.4 Billion
Forecast Value (2035)USD 48.7 Billion
CAGR (2026-2035)16.4%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Application:
    • •Passenger Vehicles
    • •Commercial Vehicles
    • •Two-Wheelers
    • •Heavy-Duty Vehicles
  • By Type:
    • •Air Source Heat Pump
    • •Water Source Heat Pump
    • •Ground Source Heat Pump
  • By Component:
    • •Compressor
    • •Evaporator
    • •Condenser
    • •Expansion Valve
  • By Cooling Capacity:
    • •Low Capacity
    • •Medium Capacity
    • •High Capacity
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.1.1. Passenger Vehicles
5.1.2. Commercial Vehicles
5.1.3. Two-Wheelers
5.1.4. Heavy-Duty Vehicles
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
5.2.1. Air Source Heat Pump
5.2.2. Water Source Heat Pump
5.2.3. Ground Source Heat Pump
5.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
5.3.1. Compressor
5.3.2. Evaporator
5.3.3. Condenser
5.3.4. Expansion Valve
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
5.4.1. Low Capacity
5.4.2. Medium Capacity
5.4.3. High Capacity
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.1.1. Passenger Vehicles
6.1.2. Commercial Vehicles
6.1.3. Two-Wheelers
6.1.4. Heavy-Duty Vehicles
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
6.2.1. Air Source Heat Pump
6.2.2. Water Source Heat Pump
6.2.3. Ground Source Heat Pump
6.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
6.3.1. Compressor
6.3.2. Evaporator
6.3.3. Condenser
6.3.4. Expansion Valve
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
6.4.1. Low Capacity
6.4.2. Medium Capacity
6.4.3. High Capacity
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.1.1. Passenger Vehicles
7.1.2. Commercial Vehicles
7.1.3. Two-Wheelers
7.1.4. Heavy-Duty Vehicles
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
7.2.1. Air Source Heat Pump
7.2.2. Water Source Heat Pump
7.2.3. Ground Source Heat Pump
7.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
7.3.1. Compressor
7.3.2. Evaporator
7.3.3. Condenser
7.3.4. Expansion Valve
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
7.4.1. Low Capacity
7.4.2. Medium Capacity
7.4.3. High Capacity
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.1.1. Passenger Vehicles
8.1.2. Commercial Vehicles
8.1.3. Two-Wheelers
8.1.4. Heavy-Duty Vehicles
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
8.2.1. Air Source Heat Pump
8.2.2. Water Source Heat Pump
8.2.3. Ground Source Heat Pump
8.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
8.3.1. Compressor
8.3.2. Evaporator
8.3.3. Condenser
8.3.4. Expansion Valve
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
8.4.1. Low Capacity
8.4.2. Medium Capacity
8.4.3. High Capacity
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.1.1. Passenger Vehicles
9.1.2. Commercial Vehicles
9.1.3. Two-Wheelers
9.1.4. Heavy-Duty Vehicles
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
9.2.1. Air Source Heat Pump
9.2.2. Water Source Heat Pump
9.2.3. Ground Source Heat Pump
9.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
9.3.1. Compressor
9.3.2. Evaporator
9.3.3. Condenser
9.3.4. Expansion Valve
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
9.4.1. Low Capacity
9.4.2. Medium Capacity
9.4.3. High Capacity
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa New Energy Vehicle Heat Pump System Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.1.1. Passenger Vehicles
10.1.2. Commercial Vehicles
10.1.3. Two-Wheelers
10.1.4. Heavy-Duty Vehicles
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Type
10.2.1. Air Source Heat Pump
10.2.2. Water Source Heat Pump
10.2.3. Ground Source Heat Pump
10.3. Market Analysis, Insights and Forecast, 2020-2035, By Component
10.3.1. Compressor
10.3.2. Evaporator
10.3.3. Condenser
10.3.4. Expansion Valve
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Cooling Capacity
10.4.1. Low Capacity
10.4.2. Medium Capacity
10.4.3. High Capacity
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. Mitsubishi Electric Corporation
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Volkswagen AG
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Hyundai Motor Company
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Toyota Motor Corporation
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Fujitsu General Limited
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. BMW AG
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. Panasonic Corporation
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Calsonic Kansei Corporation
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. Valeo SA
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. General Motors
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Tesla, Inc.
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. Rheinmetall AG
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. Daimler AG
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. Ford Motor Company
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. Nissan Motor Corporation
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 2: Global New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 3: Global New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 4: Global New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 5: Global New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 7: North America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 8: North America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 9: North America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 10: North America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 12: Europe New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 13: Europe New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 14: Europe New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 15: Europe New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 17: Asia Pacific New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 18: Asia Pacific New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 19: Asia Pacific New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 20: Asia Pacific New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 22: Latin America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 23: Latin America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 24: Latin America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 25: Latin America New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 27: Middle East & Africa New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Type, 2020-2035

Table 28: Middle East & Africa New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Component, 2020-2035

Table 29: Middle East & Africa New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Cooling Capacity, 2020-2035

Table 30: Middle East & Africa New Energy Vehicle Heat Pump System Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Frequently Asked Questions

Industry

Automobile Market Research

Explore comprehensive market research reports covering all aspects of the Automobile industry, including market size, growth trends, competitive landscape, and strategic insights.

View Industry Page
;