| Product Code: ETC5772614 | 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 |
In 2024, Fiji continued to see a steady influx of heat pump imports, with top countries like New Zealand, Australia, China, Thailand, and Hong Kong leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a positive compound annual growth rate (CAGR) of 10.71% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -37.58%. This data suggests a potential shift in market dynamics or external factors impacting the heat pump import industry in Fiji.

The Heat Pump market in Fiji is projected to grow at a stable growth rate of 3.76% 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 Fiji Heat Pump Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Heat Pump Market - Industry Life Cycle |
3.4 Fiji Heat Pump Market - Porter's Five Forces |
3.5 Fiji Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Fiji Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 Fiji Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 Fiji Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Fiji Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental concerns |
4.2.2 Government incentives and regulations promoting the use of heat pumps |
4.2.3 Growing demand for cost-effective and sustainable heating solutions |
4.3 Market Restraints |
4.3.1 High initial investment cost of heat pump systems |
4.3.2 Lack of skilled professionals for installation and maintenance |
4.3.3 Limited consumer awareness and understanding of heat pump technology |
5 Fiji Heat Pump Market Trends |
6 Fiji Heat Pump Market Segmentations |
6.1 Fiji Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Fiji Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 Fiji Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 Fiji Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 Fiji Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 Fiji Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Fiji Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 Fiji Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 Fiji Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 Fiji Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 Fiji Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Fiji Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Fiji Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Fiji Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Fiji Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 Fiji Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Fiji Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Fiji Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Fiji Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 Fiji Heat Pump Market Import-Export Trade Statistics |
7.1 Fiji Heat Pump Market Export to Major Countries |
7.2 Fiji Heat Pump Market Imports from Major Countries |
8 Fiji Heat Pump Market Key Performance Indicators |
8.1 Energy savings achieved by heat pump installations |
8.2 Number of government incentives and subsidies utilized by consumers |
8.3 Growth in demand for heat pumps in residential and commercial sectors |
8.4 Percentage increase in the adoption of heat pump technology |
8.5 Reduction in greenhouse gas emissions attributed to heat pump usage |
9 Fiji Heat Pump Market - Opportunity Assessment |
9.1 Fiji Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Fiji Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 Fiji Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 Fiji Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Fiji Heat Pump Market - Competitive Landscape |
10.1 Fiji Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 Fiji Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |