Industries > Energy > Global Heat Pump Market Report 2019-2029

Global Heat Pump Market Report 2019-2029

Analysis by Type (Air-to-Air, Air-to-Water), by Application (Residential, Commercial and Industrial) Company and Country Analysis and Forecasts

PAGES: 201
PRODUCT CODE: ENE0227
SUBMARKET: Electric Power

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Market Definition:
• Heat pump is used to either pump or move heat from one place to another with the help of electricity.
• It mainly comprises an expansion valve, a condenser, an evaporator, and a compressor.

Market Overview and Trends
• For climates with moderate heating and cooling needs, heat pumps offer an energy-efficient alternative to furnaces and air conditioners.
• The most common type of heat pump is the air-source heat pump, which transfers heat between your house and the outside air.

Market Dynamics:

Factors Influencing the Market Growth:
• Rise in contribution of heat pumping technology in reduction of co2–emissions
• Surge in government regulations for increasing energy efficiency
• Increasing investments in commercial and residential sectors

Factors Restraining the Market Growth:
• High installation cost of energy-efficient heat pumps
• Dearth of awareness regarding benefits of heat pumps in developing and underdeveloped countries

Market Segmentation 2019-2029:

Type
• Air-to-Air systems market, 2019-2029
• Air-to-Water

Application
• Residential Market, 2019-2029
• Commercial Market, 2019-2029
• Industrial Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies such as merger & acquisition and new product launch in order to improve and increase their foothold in the global heat pump market.

Major Market Players:
• Key company profiles such as Midea Group, United Technologies, Daikin, Nibe, Ingersoll-Rand, Glen Dimplex, Kawasaki Heavy Industries Ltd., Viessmann, Panasonic, Mitsubishi are also provided in the report.

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