Heat Pump Market 2020: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2026

Heat Pump is a heating device that transfers heating energy from the source to the target i.e. heat sink. Heat Pumps move thermal energy in the opposite direction of spontaneous heat transfer, by absorbing heat from a cold space and releasing it to a warmer one. The common Heat Pump design involves four main components viz. a condenser, an expansion valve, an evaporator and a compressor. The Heat Pump also has domestic applications like domestic water heaters in kitchen, bathrooms, laundering area, etc.

According to the study, The Global Heat Pump market was valued at USD 51.12 Billion in 2018 and is projected to reach USD 120.12 Billion by 2026, growing at a CAGR of 11.21% from 2019 to 2026.

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Companies mentioned:

Daikin, Danfoss, Dimplex, Ingersoll Rand, Midea, NIBE, Panasonic, Stiebel Eltron, United Technologies, and Viessmann, amongst others.

Global Heat Pump Market Outlook

In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Heat Pump Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

News and Updates:

-15, Jan,2020, The new Daikin R-32 Heat Pump is finally available on the market. After launching R-32 refrigerant in split air conditioners in 2012 and air-cooled chillers in 2018, Daikin has now extended the use of R-32 to another range. Daikin air-coole miltiscroll heat pumps will complete the Daikin Bluevolution R-32 line.

- 09 October 2018, At this year's Chillventa, Danfoss is presenting advanced and future-oriented package solutions for refrigeration, air conditioning, and heat pump applications to an international audience of cooling professionals. Danfoss is exhibiting efficient and energy-saving applications based on advanced refrigeration and control technology in four main sectors: Food Retail, Commercial Refrigeration, Industrial Refrigeration, and Air Conditioning & Heat Pumps. Virtual presentations including Danfoss City for air conditioning and Danfoss Smart Store for modern deployment in retail or an interactive cold room - are among the highlights of Danfoss's trade fair exhibition. Along with the application realms, Danfoss focuses on its close personal relationships with customers and partners.

Reasons to Purchase this Report:

-Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
-Provision of market value (USD Billion) data for each segment and sub-segment
-Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
-Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

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Table of Contents
Global Heat Pump Market Research Report
Chapter 1 Heat Pump Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Heat Pump Market Forecast

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Note:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Sources/References:

-https://www.daikinapplied.eu/news-center/new-daikin-heat-pump-featuring-r-32/

- https://www.danfoss.com/en-in/about-danfoss/news/dcs/danfoss-at-chillventa-your-partner-today-and-tomorrow/

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This release was published on openPR.