Product Code: ETC5772658 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The New Zealand Heat Pump Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 3.73% in 2025, growth builds up to 11.76% by 2029.
The Heat Pump market in New Zealand is projected to grow at a stable growth rate of 3.89% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
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 New Zealand Heat Pump Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Heat Pump Market - Industry Life Cycle |
3.4 New Zealand Heat Pump Market - Porter's Five Forces |
3.5 New Zealand Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 New Zealand Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 New Zealand Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 New Zealand Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental concerns driving demand for heat pumps. |
4.2.2 Government incentives and regulations promoting the adoption of heat pumps in New Zealand. |
4.2.3 Growing construction sector leading to higher demand for heating solutions like heat pumps. |
4.3 Market Restraints |
4.3.1 High initial installation costs limiting market penetration. |
4.3.2 Seasonal variation in demand for heat pumps due to New Zealand's mild climate. |
4.3.3 Competition from alternative heating solutions like gas and electric heaters. |
5 New Zealand Heat Pump Market Trends |
6 New Zealand Heat Pump Market Segmentations |
6.1 New Zealand Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 New Zealand Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 New Zealand Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 New Zealand Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 New Zealand Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 New Zealand Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 New Zealand Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 New Zealand Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 New Zealand Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 New Zealand Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 New Zealand Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 New Zealand Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 New Zealand Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 New Zealand Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 New Zealand Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 New Zealand Heat Pump Market Import-Export Trade Statistics |
7.1 New Zealand Heat Pump Market Export to Major Countries |
7.2 New Zealand Heat Pump Market Imports from Major Countries |
8 New Zealand Heat Pump Market Key Performance Indicators |
8.1 Number of heat pump installations per year. |
8.2 Energy efficiency ratings of heat pump models. |
8.3 Adoption rate of heat pumps in new residential and commercial construction projects. |
9 New Zealand Heat Pump Market - Opportunity Assessment |
9.1 New Zealand Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 New Zealand Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 New Zealand Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 New Zealand Heat Pump Market - Competitive Landscape |
10.1 New Zealand Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |