Global Heat Pumps Market Will Reach 9900 Million US$ by 2025 - QYResearch

This report studies the global Heat Pumps market status and forecast, categorizes the global Heat Pumps market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).A Heat Pump is a device that provides heat energy from a source of heat to a destination called a "heat sink". Heat pumps are designed to move thermal energy opposite to the direction of spontaneous heat flow by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses some amount of external power to accomplish the work of transferring energy from the heat source to the heat sink.

Daikin, Mitsubishi and Atlantic captured the top three revenue share spots in the Heat Pumps market in 2015. Daikin dominated with 21.83 percent revenue share, followed by Mitsubishi with 8.47 percent revenue share and Atlantic with 7.00 percent revenue share.In the next five years, the global consumption of Heat Pumps will show upward tendency further, consumption is expected in 2020 will be 5814.60 (K units). The average operating rate will remain at 83% to 85%.In terms of the segment, the Air to Water Monobloc segment was the largest contributor in the Heat Pumps market. In 2014 the Air to Water Monobloc segment amounted for 76.03% revenue share.

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Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.Although sales of Heat Pumps brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.The global Heat Pumps market is valued at 6500 million US$ in 2017 and will reach 9900 million US$ by the end of 2025, growing at a CAGR of 5.4% during 2018-2025.

The major players covered in this report

Daikin

Mitsubishi

Atlantic

NIBE Industrier

Hitachi

Bosch

Panasonic

Aermec

STIEBEL ELTRON

CIAT

Fujitsu

Vaillant

Danfoss Group

Carrier

Rheem

Johnson Controls

Calorex

Kensa

Maritime Geothermal

Thermia

ClimateMaster

Bryant

Midea

GREE Electric

Sirac

Anywhere

Fuerda

Tongyi Electrical

AMITIME

Zhengxu

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Air to Water Monobloc

Air to Water Cylinder

Ground/Water to Water

Air to Water Split

Exhaust Air

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Residential Heat Pumps

Industrial Heat Pumps

Commercial Heat Pumps

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