Product Code: ETC5772662 | 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 Norway Heat Pump Market could see a tapering of growth rates over 2025 to 2029. Beginning strongly at 6.85% in 2025, growth softens to 5.67% in 2029.
The Heat Pump market in Norway is projected to grow at a growing growth rate of 6.50% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, 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 Norway Heat Pump Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Heat Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Heat Pump Market - Industry Life Cycle |
3.4 Norway Heat Pump Market - Porter's Five Forces |
3.5 Norway Heat Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Heat Pump Market Revenues & Volume Share, By Refrigerant, 2021 & 2031F |
3.7 Norway Heat Pump Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.8 Norway Heat Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Norway Heat Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and focus on sustainability and energy efficiency in Norway |
4.2.2 Government policies and incentives promoting the use of heat pumps |
4.2.3 Rising energy costs driving demand for more energy-efficient heating solutions |
4.3 Market Restraints |
4.3.1 High upfront costs of heat pump installations |
4.3.2 Limited consumer knowledge and understanding of heat pump technology |
4.3.3 Seasonal variations in heat pump efficiency due to extreme weather conditions in Norway |
5 Norway Heat Pump Market Trends |
6 Norway Heat Pump Market Segmentations |
6.1 Norway Heat Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Heat Pump Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.1.3 Norway Heat Pump Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.1.4 Norway Heat Pump Market Revenues & Volume, By Water Source, 2021-2031F |
6.1.5 Norway Heat Pump Market Revenues & Volume, By Geothermal, 2021-2031F |
6.1.6 Norway Heat Pump Market Revenues & Volume, By Hybrid, 2021-2031F |
6.2 Norway Heat Pump Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 Norway Heat Pump Market Revenues & Volume, By R410A, 2021-2031F |
6.2.3 Norway Heat Pump Market Revenues & Volume, By R407C, 2021-2031F |
6.2.4 Norway Heat Pump Market Revenues & Volume, By R744, 2021-2031F |
6.3 Norway Heat Pump Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Norway Heat Pump Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Norway Heat Pump Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Norway Heat Pump Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Norway Heat Pump Market Revenues & Volume, By >30 kW, 2021-2031F |
6.4 Norway Heat Pump Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Norway Heat Pump Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Norway Heat Pump Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Norway Heat Pump Market Revenues & Volume, By Industrial, 2021-2031F |
7 Norway Heat Pump Market Import-Export Trade Statistics |
7.1 Norway Heat Pump Market Export to Major Countries |
7.2 Norway Heat Pump Market Imports from Major Countries |
8 Norway Heat Pump Market Key Performance Indicators |
8.1 Number of government incentives and subsidies for heat pump installations |
8.2 Energy consumption reduction achieved through heat pump usage |
8.3 Number of new heat pump installations in residential and commercial buildings |
8.4 Percentage of households using heat pumps for heating in Norway |
8.5 Average energy savings realized by households using heat pumps |
9 Norway Heat Pump Market - Opportunity Assessment |
9.1 Norway Heat Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Heat Pump Market Opportunity Assessment, By Refrigerant, 2021 & 2031F |
9.3 Norway Heat Pump Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.4 Norway Heat Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Norway Heat Pump Market - Competitive Landscape |
10.1 Norway Heat Pump Market Revenue Share, By Companies, 2024 |
10.2 Norway Heat Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |