| Product Code: ETC5772609 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The heat pump import market in El Salvador continued to show strong growth in 2024, with top exporting countries including China, USA, Spain, Mexico, and Italy. The market concentration remained high, indicating the dominance of a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 21.58%, with a notable growth rate of 8.92% from 2023 to 2024. These trends suggest a thriving market for heat pumps in El Salvador, driven by imports from diverse global sources.

By 2027, El Salvador's Heat Pump market is forecasted to achieve a stable growth rate of 2.04%, with Brazil leading the Latin America region, followed by Mexico, Argentina, Colombia and Chile.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Heat Pump Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Heat Pump Market - Industry Life Cycle |
3.4 El Salvador Heat Pump Market - Porter's Five Forces |
3.5 El Salvador Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 El Salvador Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 El Salvador Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 El Salvador Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about energy efficiency and environmental sustainability |
4.2.2 Government incentives and policies promoting the adoption of heat pumps |
4.2.3 Increasing demand for renewable energy sources in El Salvador |
4.3 Market Restraints |
4.3.1 High initial cost of heat pumps compared to traditional heating systems |
4.3.2 Lack of widespread knowledge and understanding about the benefits of heat pumps |
4.3.3 Limited availability of skilled professionals for installation and maintenance |
5 El Salvador Heat Pump Market Trends |
6 El Salvador Heat Pump Market Segmentations |
6.1 El Salvador Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 El Salvador Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 El Salvador Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 El Salvador Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 El Salvador Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 El Salvador Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 El Salvador Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 El Salvador Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 El Salvador Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 El Salvador Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 El Salvador Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 El Salvador Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 El Salvador Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 El Salvador Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 El Salvador Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 El Salvador Heat Pump Market Import-Export Trade Statistics |
7.1 El Salvador Heat Pump Market Export to Major Countries |
7.2 El Salvador Heat Pump Market Imports from Major Countries |
8 El Salvador Heat Pump Market Key Performance Indicators |
8.1 Average annual temperature in El Salvador |
8.2 Number of government incentives and policies supporting renewable energy adoption |
8.3 Percentage of households using heat pumps in urban areas |
8.4 Energy consumption per capita in residential buildings |
8.5 Number of training programs for heat pump installation and maintenance |
9 El Salvador Heat Pump Market - Opportunity Assessment |
9.1 El Salvador Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 El Salvador Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 El Salvador Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 El Salvador Heat Pump Market - Competitive Landscape |
10.1 El Salvador Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |