Global Heat Pump Market is expected to grow at a healthy CAGR of 21.8% in the forecast period of 2019 to 2026.
Access Full Report at https://databridgemarketresearch.com/reports/global-heat-pump-market
Drivers: Global Heat Pump Market
- Growing government regulations for increasing energy efficiency
- Increased usage of heat pumping technology for co2–emissions reduction
Restraint:
- Rising cost of energy efficient heat pumps
Opportunities:
- Advent of IoT based heat pumps
- Increased investment in commercial and residential sector
Challenge:
- Complexities in installation
Market Trends
Global heat pump market is segmented into five notable segments which are type, energy source, category, sector and capacity.
- On the basis of type, the market is segmented into ducted and ductless. The ducted segment is expected to dominate the global heat pump market.
- On the basis of energy source, the market is segmented into air/water, air/air and ground source
- On the basis of category, the market is segmented into reversible air-air w/heating, h-air/water, h-ground/water, sanitary hot water, reversible others and exhaust air
- On the basis of sector, the market is segmented into residential, commercial and industrial
- On the basis of capacity, the market is segmented into units < 20KW and units > 20 KW
Major Players: Global Heat Pump Market
Some of the major players operating in this market Stiebel Eltron Gmbh & Co.KG (DE), Danfoss A/S, Robert Bosch GmbH, NIBE Industrier AB, Glen Dimplex Group, Viessmann Manufacturing Company Inc., Mitsubishi Electric Corporation, Carrier Corporation, Geothermal International Ltd, Airwell , Midea Group , Total Comfort, Inc , Panasonic Corporation and others.
