openPR Logo
Press release

Air Source Heat Pump - Key Players include Bosch Thermotechnology, A.O. Smith, Carrier, Mitsubishi Electric, Daikin Industries, Fujitsu General and Husky Heat Pumps

07-21-2018 08:36 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Air Source Heat Pump Market

Air Source Heat Pump Market

The global air source heat pump market, of late, has been witnessing robust growth prospects owing to various commendable initiatives that are being rolled out by numerous regulatory bodies and government agencies across the world. Apparently, the unprecedented rise of the ill-effects pertaining to carbon emissions has necessitated the wide-scale deployment of energy saving components such as air source heat pumps, predominantly across residential and commercial sites. Furthermore, initiatives such as clean heating programs, incentive plans, and cooling programs have gained marked prominence which has eventually assisted the air source heat pump industry share to expand at a swift pace in the recent years.

Citing an instance of the rising significance of air source heat pumps in the energy-related policies of various states and nations, the New York State Energy Research and Development Authority has initiated an ambitious ‘Air Source Heat Pump’ program in 2017. The initiative was aimed at reducing dependency on fossil fuels and integrate energy efficiency. Needless to mention, such initiatives have been altering the dynamics of the global air source heat pump market which garnered a remuneration portfolio of approximately USD 30 billion in the year 2017, as per a recently compiled research report by Global Market Insights, Inc.

Get a Sample Copy of this Report:@

Europe to emerge as the front-runner in global air source heat pump industry

The contribution of regional governments toward driving the profitability quotient of the air source heat pump market is indeed remarkable. The Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety of Germany, for instance, has put together a Renewable Energies Heat Act which aims to augment the share of renewable energy in heat provision to 14 percent by the year 2020. As per authentic sources, the Act makes it mandatory to utilize renewable energy for requirements such as space and water heating in new residential sites.

Even though the act applies only to new buildings, specific policies can be formulated, and a fixed amount of budgetary fund can be allocated to expand the installation of air source heat pumps at the older residential sites as well. Apparently, building owners would be obliged to use a certain portion of renewable energy for water and space heating purposes in the newly constructed residential projects. This instance goes on to demonstrate the immense growth potential of Germany air source heat pump industry, which is projected to surpass an annual installation base of about 65 thousand units by the year 2024.

Concurrently, the UK has been making rapid headways in establishing itself as one of the most pivotal nations in Europe to meet its renewable energy targets and reduce its carbon emission levels, which has subsequently propelled the regional air source heat pump industry progression. Given the growing inclination of various business verticals to adopt efficient heating systems, the recently amended Domestic Renewable Heat Incentive (RHI) program has made the installation count of air source heat pumps more attractive across the country. Apparently, the RHI initiative encourages homeowners to switch from fossil fuels to greener alternatives like air source heat pumps and pays them for seven years post-installation. Industry experts claim that the initiative can contribute to fuel savings of about 30 to 45 percent – a lucrative estimate that would impel the UK air source heat pump market size in the ensuing years.

Make an inquiry for purchasing this report @

Chapter 1 Methodology

1.1 Methodology

1.2 Market definitions

1.3 Market estimation & forecast parameters

1.4 Abbreviations

1.5 Data Sources

1.5.1 Primary

1.5.2 Secondary Paid Sources Public Sources

Chapter 2 Executive Summary

2.1 Air source heat pump market 3600 synopsis, 2013 – 2024

2.1.1 Business trends

2.1.2 Product trends

2.1.3 Application trends

2.1.4 Region trends

Chapter 3 Air Source Heat Pump Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 – 2024 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor Matrix

3.4 Innovation & sustainability

3.5 Heat pump industry trends and outlook

3.6 Cost structure break down of air source heat pump

3.7 Comparative analysis between air source & gas-driven heat pump

3.8 Raw material cost analysis

3.9 Heat pump manufacturing capacity and utilization for leading countries

3.10 Regulatory landscape

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Explore Our Blog @

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Air Source Heat Pump - Key Players include Bosch Thermotechnology, A.O. Smith, Carrier, Mitsubishi Electric, Daikin Industries, Fujitsu General and Husky Heat Pumps here

News-ID: 1138727 • Views: 1224

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases

More Releases for Heat

Moving from heat waste to heat recovery
The project Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta has recently supplied two heat pumps for Fortum’s district heating in Espoo, Finland. Fortum, a Finnish energy company, will utilize waste heat from a data center and supply the heat into a district heating network. The data center belongs to Ericsson, a multinational networking and telecommunications equipment and services company based in Sweden. A win-win solution Ericsson needed more cooling
Global Automotive Heat Shield Market
The management of heat is becoming complex with the growing number of temperature-sensitive and sophisticated components in modern vehicles that have to be protected from heat. The demand of heat shielding technology has been increasing along with the number of applications in automotive industry. Minimal cooling air flows, tightly packed components, engine encapsulation, exhaust gas turbochargers and catalytic converter technology result in high temperatures within the area of the underbody,
Global Heat Pipe Heat Exchanger Market Research Report 2017
Summary This report studies Heat Pipe Heat Exchanger in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Mitsubishi Electric Corporation Nortek Air Solutions Munters Corporation Greenheck RenewAire DRI Innovative Air Solutions Reznor Zehnder America Ruskin Rooftop System Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth
Global Heat Pumps Market 2017 - Vaillant , Trane, Thermia Heat Pumps
The report entitled Global Heat Pumps Market 2017 presents key insights into the global Heat Pumps market along with the latest up-to-date industry details and forthcoming Heat Pumps industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Heat Pumps Market 2017" is to study comprehensive details of the market
Geothermal Heat Pumps Market’s Key Threat: Air Source Heat Pumps
The global geothermal heat pumps market is driven by the rising focus of consumers on low-cost energy alternatives. Furthermore, the significant cost savings along with the environmental benefits associated with geothermal heat pumps will also drive the market. The attractive payback period associated with the installation of geothermal heat pumps in newly-built or green homes is also propelling the global geothermal heat pumps market. Another key factor driving the global
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire