COMPETITIVE LANDSCAPE
NIBE Industrier AB maintains lead through comprehensive offerings
The heat pumps market in Sweden remained highly concentrated in 2025, with NIBE Industrier AB holding 43% retail volume share, followed by Thermia AB with 20% and Bosch Thermoteknik AB with 15%. NIBE Industrier AB maintained its leading position through its comprehensive product offering that competitors struggled to match, supplemented by deep supply agreements with distributors.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Heat Pumps industry in Sweden with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Heat Pumps industry in Sweden, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Heat Pumps in Sweden report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Heat Pumps in Sweden?
- Which are the leading brands in Sweden?
- How are products distributed in Sweden?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Heat Pumps in Sweden - Category analysis
KEY DATA FINDINGS
Healthy volume growth driven by energy efficiency, despite housing market challenges
Healthy volume growth led by ground source heat pumps, despite housing market softness
Energy efficiency becomes critical purchase driver amid high utility costs
Smart technology addresses dynamic energy pricing and weather adaptation
Modest volume decline forecast despite sustained energy efficiency focus
Smart and AI-powered innovation set to shape product development
Compact and stylish designs expected to gain importance as Swedish household sizes shrink
NIBE Industrier AB maintains lead through comprehensive offerings
Builder merchants and construction drives sales through professional installation
Multi-functional systems gain appeal among space-conscious households
Consumer Appliances in Sweden - Industry Overview
Economic caution drives volume decline amid sustainability surge and government support
Households delay purchases amid economic unease and high price sensitivity
Convenience and customisation priorities shape product innovation in Sweden
Segmented consumer focus intensifies as economic pressures deepen
Volume sales set to decline as sustainability and energy efficiency concerns reshape demand
Manufacturers expected to shift towards service-based offerings and connectivity innovation
Design personalisation is set to become a key differentiator
Leading global brands maintain lead despite minor share shifts
Dreame brand gains traction in robotic vacuum cleaners
Appliances and electronics specialists and e-commerce dominate sales
Omnichannel strategies reshape the role of physical stores
Smart and AI-powered appliances enhance functionality and sustainability
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Heat Pumps
- Air to Water Heat Pumps
- Ground Source Heat Pumps
- Other Heat Pumps
Heat Pumps
Includes Air to Water Heat Pumps, Ground Source Heat Pumps and Other Heat Pumps.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Heat Pumps research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!