+1-888-308-5802     
News Contact Us

Air Source Heat Pump Market Report: Trends, Forecast and Competitive Analysis

Author : Rahul Sankrityayan | Published Date : 2019-08-01 

Global Market Insights recently added a detailed Air Source Heat Pump Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.

Air Source Heat Pump Market is predicted to reach over USD 50 billion by 2024. Stringent government measures to curb the GHG emissions by encouraging the applications of wide ranging sustainable technologies will drive the air source heat pump market. Regulators across the UK introduced the Renewable Heat Incentive scheme to encourage the use of renewable technologies in home, businesses and local communities.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2393

Minimized cost, easy installation, energy efficiency and less maintenance are the key features which will enhance the global ASHP Market. It acts as an alternate product for various space heating and cooling technologies on account of its additional features in comparison to conventional systems. An air source unit has the Coefficient of Performance value of approximately 2.8 which may result into decline in the operating cost of 3.5% in comparison to a gas boiler.

China air source heat pump market is set to witness robust growth owing to various promotional schemes to stimulate the use of low-carbon energy sources. Growing real estate business have led to increase in construction activities on account of rapid urbanization will boost the product adoption. As per World Economic Forum (WEF), in China, around 2 billion square meters of buildings are built annually.

Growing government targets toward energy consumption coupled with refurbishment of existing buildings will enhance the France ASHP market growth. The country targeted to reduce 38% of energy consumption through the buildings by 2020 & 400 thousand houses to be energy refurbished annually from 2013. Extreme climate conditions resulting into unfavorable work atmosphere across the European countries will further enhance the business growth over the forecast period.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2393

Increasing investments toward clean air projects to reduce the dependence on conventional fuel will enhance the ASHP Market. The World bank, in 2016, approved a loan of USD 500 million for Beijing clean-air projects to enable control air pollution in China. Escalating energy bills on account of rising operational cost along with rising fuel prices will further enhance the business landscape.

Industrial applications are projected to gain over 4% on account of significant increase in the production facilities across Latin America and Asia Pacific region. Reduced energy consumption and environmental impact are some of the key features which will further embellish the ASHP Market.

Zero expenses requirement for ground works and less operating cost coupled with its capability to be used as a separate system or an effective way to complement existing conventional cooling & heating systems will drive air to air heat pump market. Technological developments across the industry to cater the increasing product demand of consumers will further impact the business growth.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/air-source-heat-pump-market

Eminent players in the air source heat pump market includes Daikin Industries, Johnson Controls, Mitsubishi Electric, Fujitsu General, NIBE, Carrier, A.O. Smith, Vaillant, Dimplex, BDR Thermea Group, Bosch Thermotechnik, Colmac, Climeveneta, Panasonic, Danfoss and LG Electronics.

Partial Table of Contents (ToC) of the report:

Chapter 4    Air source heat pump Market, By Product

4.1    Air source heat pump market share by product, 2017 & 2024

4.1    Air to air

4.1.1    Global market from Air to air, 2013 - 2024

4.1.2    Global market from air to air, by region, 2013 - 2024

4.2    Air to water

4.2.1    Global market from air to water, 2013 - 2024

4.2.2    Global market from air to water, by region, 2013 - 2024

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/air-source-heat-pump-market

Related Report

Europe Air Source Heat Pump Market Report, Competitive Analysis 2019-2024

https://www.marketwatch.com/press-release/europe-air-source-heat-pump-market-2019-analysis-based-regions-types-and-application-2019-05-03

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Sand Control System Market Analysis, Regional Outlook, Competitive Strategies and Forecasts to 2025

Published Date: 2019-10-16         Author: Rahul Sankrityayan

Sand Control System Market size was valued at over USD 4 billion in 2015. Increasing drilling activities is anticipated to drive the sand control system market during the forecast period. Increasing drilling activities across the globe is likely to propel sand control system market growth over the f... Read More

Wave and Tidal Energy Market Latest Trend, Growth, Size, Application & Forecast 2025

Published Date: 2019-10-16         Author: Rahul Sankrityayan

Global wave and tidal energy market size is anticipated to witness significant growth owing to stringent norms coupled with favourable incentive policies. Government across the globe are taking numerous measures to increase awareness regarding clean technologies for reducing carbon footprints. As pe... Read More

Coal Bed Methane (CBM) Market Size 2019 - Application, Trends, Growth, Opportunities and Worldwide Forecast to 2025

Published Date: 2019-10-16         Author: Rahul Sankrityayan

Global Coal Bed Methane Market size is forecast to grow at a high rate owing to the growing demand of alternate energy sources coupled with rapid industrialization.Increasing adoption of coal bed methane market as an alternative to electricity will lower the burden on the national power grids of dev... Read More

© 2019 Fractovia. All Rights Reserved