Press release
Global Air Source Heat Pumps Market Overview, Cost Structure Analysis, Growth Opportunities and Forecast To 2025
Air Source Heat Pump (ASHP) is a device which uses a vapor compression cycle to transfer heat between outdoor air and indoor air or water. There are two type of air source heat pumps including air-to-air heat pumps and air-to-water heat pumps. As the name implies, these systems heat or cool indoor air or move energy into water. An air-source heat pump can provide efficient heating and cooling for your home, especially if you live in a warm climate. When properly installed, an air-source heat pump can deliver one-and-a-half to three times more heat energy to a home than the electrical energy it consumes. This is possible because a heat pump moves heat rather than converting it from a fuel, like in combustion heating systems.
Of the major players of Air Source Heat Pumps, Daikin Industries maintained its first place in the ranking in 2017. Daikin Industries accounted for 13.58 % of the United States Air Source Heat Pumps sales volume market share in 2017. Other players accounted for 10.95%, 7.97%, 7.90%, including Mitsubishi Electric, Panasonic and Fujitsu General.
In this study, the sales region of Air Source Heat Pumps divided into four geographic regions: In the South of the United States, total Air Source Heat Pumps accounted for 53.75%. In the West of the United States, total Air Source Heat Pumps accounted for 25.28%. The market in the Midwest of the United States accounted for 12.72 %, In the Northeast, total Air Source Heat Pumps accounted for 8.25%. Among all regions, the South of the United States is estimated to represent the highest share.
On the basis of product type, the Air-to-Air segment is projected to account for the largest sales volume share during the forecast period; this segment was estimated to account for 53.93 % sales volume share in 2017.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Air Source Heat Pumps in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Daikin Industries
Mitsubishi Electric
Fujitsu General
Panasonic
Carrier
Bryant
LG Electronics
lennox
Aermec
Sanden International
NIBE
Bosch Thermotechnik
Danfoss
A. O. Smith
Ingersoll-Rand
Viessmann
By the product type, the market is primarily split into
Air-to-Air
Air-to-Water
By the end users/application, this report covers the following segments
Residential
Commercial
Industrial
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