Air Source Heat Pump Market 2024 Global Analysis By Key Players Mitsubishi Electric, Fujitsu General, NIBE, Johnson Controls, Carrier, A.O. Smith, Vaillant, Dimplex

The Air Source Heat Pump Market report is well-furnished to offer current market scenario along with market trends and opportunity. Further, the report uses different research methodology to provide the accurate data during the forecast period 2018-2024. Also, this report encompasses company profiling of key players with market share, recent developments, and strategies. Addition to this, the report is also comprised of insight data.

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.

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.

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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.

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.

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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.

Charts & Figures

FIG. 1 Industry segmentation

FIG. 2 Industry landscape, 2013 – 2024 (USD Million)

FIG. 3 Industry ecosystem analysis

FIG. 4 Breakout of Component Cost

FIG. 5 Average Installed Costs Per Unit, (2013) (USD)

FIG. 6 Labor Hours for Installation

FIG. 7 Total Exports (million tons), 2016

FIG. 8 Total Imports (million tons), 2016

FIG. 9 Steel Demand, by region (million tons)

FIG. 10 Heat Pump Manufacturing Capacity and Utilization, by region (2015)

FIG. 11 Renewable energy consumption in China (million metric tons of oil equivalent)

FIG. 12 Finland average temperature trend, Degree Celsius, 2016

FIG. 13 Global urban population growth percentage of total, Percentage, 2010 – 2016

FIG. 14 Projected urbanization, Asia, (2014 to 2050)

FIG. 15 Growth potential analysis

FIG. 16 Porter’s analysis

FIG. 17 PESTEL analysis

FIG. 18 Air source heat pump market revenue share by product, 2017 & 2024

FIG. 19 Air source heat pump market revenue share by application, 2017 & 2024

FIG. 20 Air source heat pump market revenue share by region, 2017 & 2024

FIG. 21 SWOT Analysis, Carrier Corporation

FIG. 22 SWOT Analysis, NIBE

FIG. 23 SWOT Analysis, BDR Thermea Group

FIG. 24 SWOT Analysis, Daikin

FIG. 25 SWOT Analysis, Viessmann

FIG. 26 SWOT Analysis, Bosch Thermotechnology

FIG. 27 SWOT Analysis, A.O. Smith Corporation

FIG. 28 SWOT Analysis, Vaillant

FIG. 29 SWOT Analysis, Mitsubishi Electric Corporation

FIG. 30 SWOT Analysis, Toshiba

FIG. 31 SWOT Analysis, Danfoss

FIG. 32 SWOT Analysis, Panasonic Corporation

FIG. 33 SWOT Analysis, Johnson Controls

FIG. 34 SWOT Analysis, LG Electronics

FIG. 35 SWOT Analysis, Bryant Heating & Cooling

FIG. 36 SWOT Analysis, Samsung HVAC

FIG. 37 SWOT Analysis, Swegon Group AB

FIG. 38 SWOT Analysis, Grant Engineering

FIG. 39 SWOT Analysis, Fujitsu General

FIG. 40 SWOT Analysis, Climaveneta

FIG. 41 SWOT Analysis, Glen Dimplex

FIG. 42 SWOT Analysis, Colmac

FIG. 43 SWOT Analysis, China Yangzi Group Chuzhou Yangzi Air Conditioner

FIG. 44 SWOT Analysis, Systemair AB

FIG. 45 SWOT Analysis, Trane

FIG. 46 SWOT Analysis, Bard HVAC

FIG. 47 SWOT Analysis, Finn Geotherm UK Limited

FIG. 48 SWOT Analysis, Stiebel Eltron GmbH & Co.

FIG. 49 SWOT Analysis, Husky Heat Pumps

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