Press release
Air Source Heat Pump market | Key Players are Bosch Thermotechnology, A.O. Smith, Carrier, Mitsubishi Electric, Johnson Controls, Danfoss, BDR Thermea Group, Dimplex, Husky Heat Pumps, LG Electronics, Panasonic, Climaveneta, Colmac, and Vaillant
Air Source Heat Pump Market
Favorable government measures toward energy efficient system along with rising concern to cut electricity bills will stimulate the U.S. air source heat pump market Government has introduced several initiatives including tax rebate, domestic renewable heat incentive to promote adoption of energy efficient system. Growing demand for water and space heating across the country will further enhance the product penetration. In 2016, according to the U.S. department of energy, water heating across the residential establishment accounted for 18% of electricity consumption and 4% for commercial buildings.
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Ability to offer high efficiency, by simultaneously limiting electricity bills, and providing hot water at and -200C are some of the key underlined features which will propel the air to water air source heat pump market growth. Technological advancement in system design to reduce maintenance cost and enhance efficiency will further complement the industry growth. Stiebel Eltron introduced new indoor ATW series for low acoustic emission.
Growing demand for hot water across residential and commercial establishments in cold climatic condition will propel the air source heat pump market of Europe. Introduction of several norms and directives to curb greenhouse gas emissions and energy consumptions will further complement the business outlook. EU introduced 2010/31/EU building directive with an objective to ensure that all new building to be nearly zero energy by 2020.
Introduction of several building efficiency policies and energy codes along with supportive urbanization plan will stimulate the China air source heat pump market In 2014, China introduced New Type Urbanization Plan to conduct environment-friendly, people-centered, sustainable and environment-friendly economic growth for period between 2014 to 2020.
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Commercial application is predicted to witness growth over 8%. Rapid urbanization along with increasing investment toward infrastructure sector owing to migration of rural population to urban area will propel the industry outlook. Growing spending toward advancement of healthcare facilities will further foster the air source heat pump market. In 2015, the U.S. recorded investment of over USD 3 trillion across healthcare sector.
Major player in air source heat pump marketinclude Danfoss, Colmac, LG Electronics, Carrier, A.O. Smith, Fujitsu General, Daikin Industries, Bosch Thermotechnik, Climaveneta, Panasonic, BDR Thermea Group, Vaillant, Mitsubishi Electric, Dimplex and NIBE.
Report Content
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
1.5.2.1 Paid Sources
1.5.2.2 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
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