| Product Code: ETC5772604 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cyprus heat pump import market saw a significant increase in concentration in 2024, with Italy, China, Germany, Greece, and Japan emerging as the top exporting countries. The industry exhibited strong growth with a CAGR of 16.6% from 2020 to 2024, and a notable growth rate of 4.78% from 2023 to 2024. This shift in market dynamics suggests a growing preference for heat pumps in Cyprus, as well as intensified competition among key players in the global market.

In the Europe region, the Heat Pump market in Cyprus is projected to expand at a stable growth rate of 1.95% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Cyprus Heat Pump Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Heat Pump Market - Industry Life Cycle |
3.4 Cyprus Heat Pump Market - Porter's Five Forces |
3.5 Cyprus Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 Cyprus Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 Cyprus Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Heat Pump Market Trends |
6 Cyprus Heat Pump Market Segmentations |
6.1 Cyprus Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 Cyprus Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 Cyprus Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 Cyprus Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 Cyprus Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Cyprus Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 Cyprus Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 Cyprus Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 Cyprus Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Cyprus Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Cyprus Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Cyprus Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 Cyprus Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Cyprus Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Cyprus Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 Cyprus Heat Pump Market Import-Export Trade Statistics |
7.1 Cyprus Heat Pump Market Export to Major Countries |
7.2 Cyprus Heat Pump Market Imports from Major Countries |
8 Cyprus Heat Pump Market Key Performance Indicators |
9 Cyprus Heat Pump Market - Opportunity Assessment |
9.1 Cyprus Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 Cyprus Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 Cyprus Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Heat Pump Market - Competitive Landscape |
10.1 Cyprus Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |