Press release
Indian Heat Pumps Market 2020 Size, Growth Analysis Report, Forecast to 2026
Indian heat pumps are estimated to exhibit a sturdy CAGR of 9.2% during the forecast period (2020-2026). India is a country with a well-recognized scope for solar energy, the combination of solar thermal collectors and heat pumps can be a more attractive option for maximizing renewable energy usage. Heavy-duty heat pumps with higher capacity are recommended for food and beverage, textiles, and chemical industries which have a lot of untapped potentials. Hotels, shopping malls can be targeted for quicker commercial adoption. Vendors like Scanair offers heat pumps up to 150 kW capacity ideal for hospitals, canteens, shopping malls, theatres, pre-heating, and drying in small scale industrial applications. However, the limited availability of expert technicians and renowned suppliers in the market coupled with lack of skilled labor might be a challenge for the heat pumps market where the vendors need to be more concerned about the impact of the burdenGet Free Sample Copy @ https://www.omrglobal.com/request-sample/indian-heat-pumps-market
In India, the demand concentration was more significant in the southern region in 2019 owing to the rising construction activities of high-rise buildings, low manual labor, rising urbanization, an increase in co-working spaces, and home improvement activities. However, the advent of the COVID-19 pandemic put halt to most of the construction and other activities that have damaged the market revenue. Although, it can be expected that in the last quarter of 2020, the heat pumps market in India will start gaining gradual momentum as the lockdown impositions have lifted and more and more industries have started their operations.
A Full Report of Indian Heat Pumps Market is Available at: https://www.omrglobal.com/industry-reports/indian-heat-pumps-market
Market Coverage
The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- by Product Type, Capacity, and End-User
Country Covered- India
Competitive Landscape- Ariston Thermo India Pvt. Ltd., Daikin Airconditioning India Pvt. Ltd.; Danfoss, LG Electronics, Inc., and Mitsubishi Electric Corp.
Indian Heat Pumps Market Report Segment
By Product Type
Air Source
Water Source
Ground Source
By Capacity
20W
By End-User
Commercial
Industrial
Residential
Company Profiles
O. Smith India Water Products Pvt. Ltd.
Ariston Thermo India Pvt. Ltd.
Daikin Airconditioning India Pvt. Ltd.
Danfoss A/S
Flamingo Heat Pumps
Fujitsu General, Ltd.
Heat Pumps India
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-heat-pumps-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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