Heat Pumps Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
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Report
Description
Report Description
Increasing development in the construction industry along with complying strict building
requirements by governments is boosting the growth in demand for Heat Pumps market.
It is a device used to transfer heat from one place to another. Depending upon the
climatic condition, it transfers heat from outdoors into building and vice-versa during hot
weather. Various heat pump application includes, sanitary hot water heating, space
cooling, dehumidification, heat recovery and space heating. Owing to its high operating
efficiency andlower maintenance cost, it acts as an eco-friendly substitute for cooling and
heating residential, commercial and industrial buildings. On the other hand, CO2 heat
pumps have witnessed a significant rise in commercial and residential sector due to its
ozone and climate friendly feature.
Heat pumps Market: Drivers & Restraints
Global heat pump market is driven by growing demand of technology using renewable
energy resources and emitting less CO2. In short, industry shift towards green technology
is the latest trend in the global heat pump industry. Increasing investments, government
policies, rising prices for oil and natural gas are the major factors driving the growth in
heat pump market. However, the growth in the market is impacted by lack of consumer
awareness, disruptive and expensive to install in existing property along with social and
technical difficulties are restraints in global heat pump market.
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Report
Description
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Heat Pumps Market: Segmentation
Heat pumps can be segmented on the basis of technology such as, CO2 segment, Gas
driven segment and Hybrid segment, all can be further sub-segmented into end user
sector viz., commercial, industrial and residential. On the basis of type, heat pump can be
segmented as Ground source heat pump, Air to air heat pump and Air to water heat
pump. Volume sales of air to water heat pumps are expected to grow rapidly and hold
the largest market share in the forecasted duration. Air to water heat pump global
market is expected to grow with CAGR in a range 10-14 percentage.
Heat Pump Market: Region-wise Outlook
The global heat pump market is geographically segmented into seven key regions: North
America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle
East & Africa. Europe holds the major share in global heatpump market, followed by
North America and Asia Pacific. Asia-Pacific market is the fastest growing market and is
expected to maintain its growth in global heat pump market during the forecast period.
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Heat Pump Market: Key Players
Some of the major players in the global heat pump market include Viessmann Group,
Danfoss Group Global, Carrier Corporation,
Report
Description
Report Description
The Glen Dimplex Group, StiebelEltron, Bosch Thermotechnik GmbH, Panasonic
Corporation, Mitsubishi Electric, NIBE energy systems, Geothermal International Ltd (GI),
DeLonghi-Climaveneta, Airwell Group, and Enertech Group.
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