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The global heat pump market reached a size of USD 48.18 billion in 2017. It is projected to reach USD 94.42 billion by 2023, growing at a CAGR of 11.68%, during the forecast period.
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Heat Pump Market by Type, Rated Capacity, End-User, and Region- Global Forecast to 2023 www.MarketsandMarkets.com
The up to 10 kW segment is expected to be the largest heat pump market, by rated capacity, in 2018. Up to 10 kW rated capacity heat pumps are expected to hold a large share of the total market, in 2018. This dominance is attributed to its large-scale application in the residential and commercial sectors, and growing investments in those sectors. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=153294991
The residential end-user segment is expected to generate significant demand for heat pumps during the forecast period. The increase in urbanization has led to the demand for smart buildings. These buildings require efficient heat pumps, leading to the growth of the heat pump market. Smart buildings are not only green/sustainable but are also intelligent; these buildings are equipped with advanced technologies, which include heat pumps. Heat pumps provide a comfortable and standard living environment. Governments are relying on smart buildings, which ensure a lower carbon footprint, 40% reduction in the usage of water, and less electricity consumption. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=153294991
Browse >> 68market data tables 30figures 133 pagesand in-depth TOC on “Heat Pump Market by Type, Rated Capacity, End-User, and Region- Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: The Key market for heat pumps during the forecast period. In this report, the heat pump market has been analyzed concerning 4 regions, namely, Asia Pacific, Europe, North America, and Rest of the World (RoW). The governments in these countries are drawing up policies to ensure that energy-efficient equipment such as heat pumps are being installed in new buildings, which is expected to drive the market for heat pumps. The demand from China would lead the market in Asia Pacific. Growing investments in the residential and commercial sectors of the Chinese market is creating a huge demand for the heat pump market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=153294991
Target Audience: • The target audience of this report includes: • Government and research organizations • Institutional investors • National and local government organizations • Private E&P companies • Heat pump equipment & component manufacturers • Heat pump manufacturing companies • Maintenance and service providers • Government and research organizations • Institutional investors • Technology standard organizations, forums, alliances, and associations. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=153294991
Key players – • The key Players profiled in this report are: • Daikin (Japan), • United Technologies (US), • Midea(China), • NIBE (Sweden), • Ingersoll Rand (Ireland), • Glen Dimplex (Ireland), • StiebelEltron (Germany), • Viessmann(Germany), • Panasonic (Japan), • Danfoss(Denmark). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=153294991
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