Press release
Air Source Heat Pump Market: Current Trends and Aspects | Carrier Corporation, NIBE, BDR Thermea Group, Daikin, Viessmann, Bosch Thermotechnology, A. O. Smith Corporation, Vaillant Group, Mitsubishi Electric Corporation, Toshiba, Danfoss, Panasonic Corpor
The size of Air Source Heat Pump Market was registered at USD 30 billion in the year 2018 and is anticipated to cross USD 50 billion by 2024.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.Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/2393
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.
Leading Key Players in Air Source Heat Pump Market are: Carrier Corporation, NIBE, BDR Thermea Group, Daikin, Viessmann, Bosch Thermotechnology, A. O. Smith Corporation, Vaillant Group, Mitsubishi Electric Corporation, Toshiba, Danfoss, Panasonic Corporation, Johnson Controls, Inc., LG Electronics, Bryant Heating & Cooling Systems, Samsung HVAC, Swegon Group AB, Grant Engineering, FUJITSU GENERAL, Climaveneta, Glen Dimplex, Colmac, China Yangzi Group Chuzhou Yangzi Air Conditioner
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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.
Table of 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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