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Heat Pumps Procurement Research Report | Published: Dec 2015

Helping businesses make better purchasing decisions, faster

Heat Pumps: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Heat Pumps procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 12-15
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 15-18
Price Change
Heat Pumps - Recent Price Trend

The average price for heat pumps has been rising at an estimated average annual rate of 2.2% over the three years to 2015, slightly reducing buyer power. Demand for HVAC equipment, including heat pumps, has been growing due to the recovering economy. Increased demand has allowed suppliers to raise their prices. Over the past three years, the number of housing starts has risen at an estimated... purchase to read more

Heat Pumps - Total Cost of Ownership

The total cost of ownership (TCO) for heat pumps is low. To start, the buyer will need to pay for installation. The price for installation ranges from $2,000 to $10,000 per heat pump. This cost varies depending on the location of the buyer, the type of contractor used and the type of heat pump. For example, geothermal ground source heat pumps cost much more to install than air source heat pumps... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of heat pumps make informed purchasing decisions. Heat pumps are devices that transfer heat energy against a temperature gradient (i.e. from a cooler environment to a hotter environment). The main types of heat pumps include ground source (GSHP) and air source (ASHP). The main function of a heat pump is to provide heated air, which is then circulated throughout a building or structure. This report does not include water heaters, heat exchangers or heating stoves.

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