| Product Code: ETC4659610 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of Macedonia continues to see strong growth in heat pump imports, with top exporting countries like Italy, China, and Metropolitan France leading the way. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has increased significantly, indicating a trend towards higher concentration among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 is an impressive 26.14%, with a notable growth rate of 11.7% from 2023 to 2024. This data suggests a thriving market for heat pumps in North Macedonia, driven by key importing countries and sustained growth momentum.

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 Republic of Macedonia Heat Pumps Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Heat Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Heat Pumps Market - Industry Life Cycle |
3.4 Republic of Macedonia Heat Pumps Market - Porter's Five Forces |
3.5 Republic of Macedonia Heat Pumps Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
3.6 Republic of Macedonia Heat Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Republic of Macedonia Heat Pumps Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Republic of Macedonia Heat Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Republic of Macedonia Heat Pumps Market Trends |
6 Republic of Macedonia Heat Pumps Market Segmentations |
6.1 Republic of Macedonia Heat Pumps Market, By Rated Capacity |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.1.3 Republic of Macedonia Heat Pumps Market Revenues & Volume, By 10? ??20 kW, 2021-2031F |
6.1.4 Republic of Macedonia Heat Pumps Market Revenues & Volume, By 20? ??30 kW, 2021-2031F |
6.1.5 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Above 30 kW, 2021-2031F |
6.2 Republic of Macedonia Heat Pumps Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Air-to-Air, 2021-2031F |
6.2.3 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Air-to-Water, 2021-2031F |
6.3 Republic of Macedonia Heat Pumps Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Hospitality, 2021-2031F |
6.3.5 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Retail, 2021-2031F |
6.3.6 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Education, 2021-2031F |
6.3.7 Republic of Macedonia Heat Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
7 Republic of Macedonia Heat Pumps Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Heat Pumps Market Export to Major Countries |
7.2 Republic of Macedonia Heat Pumps Market Imports from Major Countries |
8 Republic of Macedonia Heat Pumps Market Key Performance Indicators |
9 Republic of Macedonia Heat Pumps Market - Opportunity Assessment |
9.1 Republic of Macedonia Heat Pumps Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
9.2 Republic of Macedonia Heat Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Republic of Macedonia Heat Pumps Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Republic of Macedonia Heat Pumps Market - Competitive Landscape |
10.1 Republic of Macedonia Heat Pumps Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Heat Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |